Home next World next Europe

Europe

Serbia’s Central Bank Issues Licence To UAE’s Mirabank

The bank is expected to start its regular operations by the end of March 2015.

Former British Regulator Sants To Advise Abu Dhabi Financial Zone

Hector Sants will advise the Abu Dhabi Global Market (ADGM) on the creation of its regulatory framework and its strategy.

Gunmen Take Hostage In Belgium, No Islamist Link Seen

Belgian police cordoned off part of the city after the four men were seen entering the building in the Dampoort district, where they took a hostage.

Airbus A350 Delivery To Qatar Rescheduled For Dec 22

The handover of Airbus’ first mainly carbon-composite jet was originally scheduled for December 13.

Flydubai Targets European Traffic Flows

The low-cost carrier is launching new routes to Zagreb, Sarajevo and Sofia.

Songbird Says Too Early To Know Shareholder Intentions On $4bn Qatari Bid

Songbird Estates is the owner of London’s Canary Wharf financial district.

Qatari State Fund Katara Buys Lloyds’s 50% Stake In London Savoy Hotel

The five-star hotel is currently owned 50 per cent by Saudi billionaire Prince Alwaleed Bin Talal’s Kingdom Holding.

Airbus Says First Delivery Of A350 To Qatar Postponed

The new Airbus A350 was scheduled for delivery on Saturday, December 13.

Flydubai Targets Bratislava Expansion

Initially launching as a twice-weekly service, a third service will be introduced in January.

Abu Dhabi Firm Buys London’s New Scotland Yard Building For $578m

The 600,000 sqft site, located in prime central London, will be redeveloped into a multi-use development.

Madison Backs Qatari Bid For Canary Wharf Owner Songbird

The hostile move followed Songbird’s rejection of an initial $3.43 billion approach.

Swiss Firm Comlux Orders Two Boeing BBJ Max 8s At MEBA In Dubai

Around 30 per cent of all BBJs in service are operated by Middle East customers.

Lufthansa Pilots’ Strike Impacts Gulf Flights

Half of all long-haul flights are affected as group unveils details of low-cost long-haul division

Air Berlin Starts Abu Dhabi Stuttgart Flights

New route marks first connection between UAE and German city

Emirates Extends AC Milan Sponsorship Deal For Five Years

The airline will continue to sponsor the club’s shirts until the 2019/2020 season.

Qataris Leading Race For $900m Pepe Jeans Buyout

The clothing retailer, which is also selling its menswear brand Hackett, expects binding offers in around three weeks.

Flydubai To Receive 43rd Aircraft On 43rd National Day

This month sees the Dubai airline start three services in Eastern Europe

Airbus Sells Part Of Dassault Back To French Planemaker

The move will result in a net reduction of Airbus Group’s stake from 46.3 per cent to 42.1 per cent.

Michelin Mulls Middle East Manufacturing Facility In The Future

The Middle East market, specifically Saudi Arabia, holds strong potential for growth for the French tyre company, says COO.

KBW Investments, Owned By Prince Alwaleed’s Son, Buys 50% Of Arcadia

Engineering firm Arcadia will now seek to expand into Saudi Arabia, Qatar and the UAE.

Soccer: Ex-Juventus Star Vucinic Proving A Goal Machine In Abu Dhabi

Vucinic has made 13 goals in eight league games to lift Al Jazira to second in the table.

Airbus To Deliver First A350 Jetliner To Qatar Airways By Mid-December

The A350, Airbus’s newest plane and made with a carbon-fiber composite fuselage, is a direct competitor to Boeing’s 787 Dreamliner.

FIFA Ethics Chiefs To Meet On Thursday Over Report On Qatar 2022 World Cup

Hans-Joachim Eckert will meet investigator Michael Garcia to discuss their differences over the probe.

EU Commission Clears Etihad’s 49% Buy Of Italian Airline Alitalia

To secure approval Etihad and Alitalia agreed to give up airport slots on the Rome-Belgrade route as Alitalia and Air Serbia, are the only carriers offering direct flights on that route.

EU To Approve Etihad’s 49% Buy Of Alitalia -Sources

The sources said the EU antitrust authority had accepted the airlines’ offer to give up some airport slots on the Rome-Belgrade route to facilitate rivals.

Qatar Fund May Up Bid For Canary Wharf Owner Songbird

Songbird rejected an initial approach on Friday, saying the 295-pence a share offer significantly undervalued the company.

Dubai Expo 2020 Team Visits Milan Ahead Of World Expo 2015

Expo 2015 Milan is themed around the issue of tackling global food and hunger challenges.

French Lawmakers Seek Clarity On Qatar Tax Breaks

Currently, Qatari investors are exempt from taxes on profits made when they sell properties purchased in France.

Amsterdam’s OCI To Spin Off Construction Business, List In Egypt, UAE

The new company is expected to be named Orascom Construction.

Etihad-Owned Air Berlin Names New CEO In Push For Return To Profit

CEO Wolfgang Prock-Schauer will be replaced by Stefan Pichler on February 1, 2015.