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France’s AXA To Take Major Stake In UAE’s Green Crescent Insurance

The sizes of the stake and details of the nature of the alliance have not been disclosed.

London’s Lord Mayor Concerned Over Lack Of Women In Top Jobs In The GCC

Ambassador for the UK’s financial sector wants to see more women at senior management and board level.

Qatar Airways To Launch Business Class Flights To London

Doha carrier will be first Gulf carrier to operate a purely business class service on the high-density route

Six New Tenants For Qatar’s London Shard

Restaurants Oblix, Aqua Shard and Hutong moved into the tower last summer.

EU Approves Amendment To Exempt UAE Citizens From Schengen Visa

UAE officials say procedures for exemption are almost complete.

Richard Branson’s Advice To Governments: “Throw Staff Parties”

The Virgin Group founder was speaking at the Government Summit in Dubai.

Italy’s Monte Paschi Foundation In Talks With Qatar For Stake Sale

Qatar sovereign fund is reportedly seeking a 15-20 per cent in the troubled Italian lender.

Emirates Launches First A380 Flights To Barcelona

Emirates will look to funnel Spaniards into Dubai and onto its global network – particularly Asian markets such as Hong Kong and Bangkok.

Saxo CEO Warns of China, Euro Concerns in 2014

Lars Seier Christensen warns of slowdown in China and on-going concerns in the Eurozone

Rolls-Royce Reveals Bespoke Waterspeed Collection Sketch

Rolls-Royce Middle East reported a fourth consecutive record year in 2013, with sales up 17 per cent year-on-year.

Kuwait To Invest $676m In Italy

The announcement was made by Italian Prime Minister Enrico Letta, who is officially visiting the GCC.

Islamic Bank Of Britain Gets Fresh Capital, Plans Expansion

The injection will allow IBB to grow its retail operations and develop its commercial business.

Saudi Airline Flynas Targets UK And South-East Asia

One-time short-haul carrier is embarking on international expansion

Etihad Regional Starts Geneva-Stuttgart Flights

New route enables Stuttgart passengers to connect with Etihad’s global network via Geneva

Etihad In Final Due Diligence Stage For Alitalia Stake Buy

Abu Dhabi-based Etihad is reportedly planning to buy a 40 per cent stake in the struggling Italian carrier.

Dubai’s Arabtec Expands, Opens New Headquarters In Belgrade

The new office will help the company expand its presence in the wider Balkan region.

BAE Systems Says Making Progress On Saudi Price Talks

BAE lost a potential $10 billion deal to sell 60 Eurofighter jets to the UAE late last year.

UK Offers Support To Qatar For 2022

Ambassador Nicholas Hopton dismissed criticism Qatar has faced in preparation for hosting the event.

Abraaj Group Acquires Majority Stake In Turkish Dairy Firm

Abraaj’s investment will help Yörsan Group grow both domestically and internationally.

UAE, Denmark Sign MoU To Advance Sustainability

Frederik, Crown Prince of Denmark, commended the UAE for embracing renewable energy.

Exclusive: Just Falafel Eyeing Asian And European Expansion

Fast food chain plots Asian and European expansion on top of openings in UK and North America.

Gulf Finance House To Sell 75% In Leeds United, Retain 10% Stake

GFH, which bought the second-tier club in 2012, said it had agreed to sell the stake to a consortium of British investors.

Shell And UAE’s Mubadala Swap Malaysian Offshore Field Stakes

Mubadala has taken a 20 per cent interest in Block 2B and Shell has taken a 20 per cent interest in Block SK320.

Investcorp Sells UK-based TDX Group to Equifax for $327m

TDX is the UK’s largest debt placement services and debt management platform company.

Qatar’s Masraf Al Rayan Buys Islamic Bank Of Britain

IBB was majority-owned by another Qatari lender, Qatar International Islamic Bank.

Bahrain’s GFH Agrees Part Sale Of Leeds United Stake

GFH bought Leeds United in December 2012 through its Dubai-based subsidiary, GFH Capital.

First Jubail Diesel Cargo Adds To Pain For Europe’s Refiners

Saudi Aramco is set to ship the first cargo of diesel to the Mediterranean for January 23 loading.

Swatch Group Reports Sales Rise Of 8.3%

The Swiss group, which owns 20 brands, saw its watches and jewellery segment grow by more than 10 per cent.

UAE Arrests Iranians Suspected Of Kidnapping Briton In Dubai

Abbas Yazdi, a 44-year old businessman, went missing in Dubai in June.

25m Euro Gulf Investment In Irish Companies Announced

The Gulf Trade Mission was led by the Irish prime minister Enda Kenny.