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Etihad’s Jet Stake Deal Delayed Until August

The Abu Dhabi-based carrier is eyeing up a 24 per cent stake in the Indian airline, valued at around $330 million.

Indian PM To Visit UAE In Early August

Manmohan Singh’s visit will be the first by an Indian prime minister in over three decades.

Gold Hits 10-Month Low On Selloff To Cover Equity Losses

The precious metal fell as far as $1,541.14 an ounce, its lowest since May.

India’s MRPL Asks For More Saudi Oil In April

State-owned refiner MRPL said it will halt oil imports from Iran in April if insurance cover is not available for its refineries.

Emirates On The Lookout For Asia’s Qantas

The Dubai airline’s long-term strategy “embraces opportunity,” states Emirates president Tim Clark.

Emirates-Qantas Deal Proves Dubai Airline Is “Big Power Broker”

The deal has just received conditional approval from Australia’s regulatory body.

Australian Regulator Gives Qantas-Emirates Alliance Conditional Approval

The Australian Competition and Consumer Commission said the airlines had to maintain at least their pre-alliance capacity on routes between Australia and New Zealand

UAE’s Mulk Holdings To Build $10m Aluminium Plant In India

The facility is part of the company’s expansion strategy and is expected to generate over 2,000 jobs in India.

Saudi Aramco Says Committed To China Refinery Project

Aramco Overseas signed a deal in March 2011 with oil firm PetroChina to build a 200,000 bpd refinery.

Why BMW Shares Will Outperform Daimler

Chinese consumers will drive auto revenues in 2013, says Matein Khalid, fund manager in a royal investment office.

Abu Dhabi In Nearly $7bn Oil Investment In Malaysia

The emirate has signed an agreement for a petroleum storage facility in Malaysia’s Johor state.

UAE’s Etisalat Sees 2013 Revenue Of Up To $9.4bn

The asset disposals are expected to result in a net gain of $151 million for DP World and help boost its capital levels.

Oil Falls On Slowing Chinese Economy, Ample US Supply

U.S. crude has fallen around $8 per barrel over the last month.

Emirates’ Perth Flights Go Triple Daily

Latest capacity increase means the airline’s services have grown more than five-fold since it first flew to Perth in 2002

Nomura To Hire In Dubai To Revamp Middle East Operations

The Japanese investment bank plans to increase business across investment banking advisory, debt and equity capital markets.

Kingfisher Airlines Loses Rights To Fly To Dubai

The carrier has lost its traffic rights allowing it to fly 21 times a week into the UAE.

Jet Airways Shares Surge On Report Etihad Deal Is Close

Etihad paid $70 million to India’s Jet Airways to buy three pairs of Jet’s slots at London’s Heathrow Airport.

Abu Dhabi Royal Scraps Agreement For $45bn Pakistan Property Project

Sheikh Nahayan bin Mubarak has cancelled the deal less than two weeks after it was signed.

Chinese Bank ICBC ME Posts 69% Rise In 2012 Profit

Industrial and Commercial Bank of China’s Middle East unit posted a pre-tax profit of $54 million in 2012.

UAE Etihad’s Pause Highlights India Investment Risk

Etihad’s pause over taking a stake in Jet Airways highlights the difficulties Gulf investors have faced in India.

Emaar Says India Roadshow Gets “Strong Response”

The developer is showcasing its Dubai-based properties to Indian investors.

Eurofighter ‘Still In Race’ For India Jet Deal

Rafale jets have the UAE interested but Eurofighter chief says India deal is far from closed.

Emirates Expands In The Philippines

Move provides Emirates with an avenue for growth beyond Manila and travellers with more flying options

Abu Dhabi Royal Plans $45bn Property Project In Pakistan

The development in Karachi may reportedly include the world’s tallest building.

Saudi’s Kingdom Holding Buys Stake In Chinese Online Retailer

Kingdom Holding already has investments in China’s entertainment and hotel sectors.

Japan Offers Nuclear Help To Saudi

The offer from trade minister, Toshimitsu Motegi, was aimed at freeing up extra oil.

Japan To Loan Abu Dhabi National Oil Co. $3bn

The loan is expected to help Japan win new and renewing energy concessions.

Saudi To Sign Emergency Oil Supply With Japan

The agreement would allow Japan to quickly seek additional oil supplies via a telephone hotline.

Emirates Targets Japan Exports Growth

New services to Haneda Airport will provide Japanese exporters and passengers more flexibility when connecting to the airline’s global network.

Davos: Kuwait Wealth Fund Warns Of Currency War

Speaking at the World Economic Forum, Badr al-Saad fears the decline of the yen.