Etihad To Start Daily A380 Service To New York From December 1

The Abu Dhabi carrier currently flies the jumbo jet to London, and will soon begin A380 services to Sydney.

Dubai’s Deyaar Awards Construction Contract For Atria Project

The contract was awarded to construction firm Al Rostamani Pegel.

Emirates NBD Schedules Investor Meetings Ahead Of Potential Bond

The lender has picked six banks to arrange investor meetings across Europe starting Monday.

Bahrain’s Sheikh Salman Set To Win Asian Football Presidency Unopposed

Sheikh Salman will also secure himself a term as vice-president of soccer’s world governing body FIFA.

Abu Dhabi To Shut Two LNG Trains For Maintenance From March 15

The two 1970’s-built trains have a combined capacity of 2.1 to 3 million tonnes per annum.

Bank of Khartoum To Open First Gulf Branch In Bahrain

Bank of Khartoum has applied for a branch licence and is hoping to finalise the process of obtaining it within weeks.

Qatar Air Receives Second Airbus A350

Qatar Airways has ordered 80 of the newest European long-haul jet, which is designed to compete with Boeing 787 and 777.

Saudi Arabia Expects Oil Price To Stabilise

The minister said that the Kingdom wanted the market to stabilise but said it will not subsidise higher cost producers.

Ras al-Khaimah Eyes Sovereign Sukuk Issue – Sources

Any issue would be received well by investors as the emirate derives substantial support for being part of the UAE.

GCC Rail Completion Date Could Be Pushed To 2020 – UAE Minister

The UAE and Saudi Arabia are thinking of beginning their partial operation of the network by 2018, said the country’s minister of public works

Revealed: Top 10 Cities Offering The Best Quality Of Living

Dubai retains the top spot in the MENA region, while Vienna is named as the best globally.

Two Malaysians Identified In ISIL Beheading Video From Syria

Mohd Faris Anuar and Muhamad Wanndy Muhammad Jedi, aged 20 and 25 respectively, were identified as the men involved in the beheading of a Syrian man.

Saudi Shipper Bahri Plans SAR3.9bn, 10-Year Sukuk Issue

The facility will be used to repay debt and for general business purposes.

Abu Dhabi, Japanese Firms In $300m Steel Pipe Venture

The facility, at Abu Dhabi’s Khalifa industrial zone, will produce 240,000 tonnes of sour grade steel pipes.

Oman’s PDO Ups Crude Output Above 2015 Plans

PDO’s production in January and February exceeded the planned average for the year as a whole.

Dubai’s Nshama Launches Dhs1m Townhouses In New Mega Project

The recently launched Town Square project is slated to be completed over 10 years, with phase one set to be ready by end-2017.

Saudi Arabia, South Korea Sign MoU On Nuclear Power

The MoU calls for South Korean firms to help build at least two small-to-medium sized nuclear reactors in Saudi.

Ajman’s Al Zohra Awards Dhs115m Contract For Phase 1 Infrastructure Works

The contract was awarded to AIMS Group to develop all road and utility works on the project.

Orascom Offers 115 Of Shares In $185 Million IPO

The firm expects its new shares to start trading on the Egypt exchange between March 9 and March 11.

Saudi’s Alkhabeer Sets Sights On An IPO

The Jeddah-based firm held SAR2.49 billion ($664 million) in assets under management at the end of 2013.

Sedco Capital Prepares Feeder Fund Before Tadawul Opening

The Jfirm is strengthening its in-house asset management capabilities before the Saudi stock market opens up in the first half of 2015.

Saudi’s Mobily Says Can Meet All Debts After Earnings Debacle

The company said that it does not anticipate difficulties with respect to future financing repayments and costs.

UAE’s ADNOC Raises February Crude Prices

ADNOC said on Wednesday it raised benchmark Murban crude prices to $56.55 per barrel, up $10.15 from the previous month.

Saudi Arabia Regulator To Resume Trade In Mobily Shares On Thursday

The regulator had suspended Mobily’s shares last Wednesday, after the company announced it had suffered a $243 million loss in 2014.

Dubai’s Aramex Proposes 14% Cash Dividend For 2014

Aramex made a 2014 net profit of Dhs318.4 million, the company said.

Ex Apple CEO’s Obi Mobile Plans Global Expansion, New LTE Smartphones

The budget smartphone brand plans to expand to all the GCC countries and markets in Africa, South East Asia and Latin America in the coming months.

Egypt, Arabtec To Resume Talks On Housing Project -Source

The two sides agreed terms late last month, but the contract which Arabtec subsequently received included less attractive terms for the company.

UAE Bank ADCB Tightens Pricing For Bond

The lender has earmarked to price its bond issue at 97.5 basis points over midswaps, a document showed.

Dubai’s Emirates Says Adds $7.6bn To EU GDP

Emirates’ operations supported 85,100 jobs across the EU in the 2013-2014 financial year, the company said in a statement.

UAE Among Most Popular Global MICE Destinations In 2014 – Study

New visa exemptions and more routes from Emirates helped the country become a popular incentive destination.