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Italian investor seeks partner to bid for troubled NMC Health

GKSD Investment Holding SA approached Abu Dhabi’s Mubadala Investment Co. about becoming an equity partner

NMC Healthcare

Hospital operator NMC Health asks lenders for leniency

NMC’s shares have been in free-fall since a December report by Muddy Waters Capital LLC

Wizz Air Abu Dhabi to launch in H2 2020

The low-cost carrier will focus on establishing routes to markets in which Wizz Air has existing, high growth operations

Dubai’s Operation Falalel to expand to New York, London, Paris

The restaurant brand expects to roll out its first unit in New York by Q2 2020

Iran to transfer black boxes of crashed plane to Ukraine

The 737-800 Ukraine International Airlines jet crashed on January 8, killing all 176 people onboard

The Central Bank hub expands on invites to Kuwait, Morocco, Vietnam

The Switzerland-based body serves as a forum for policy makers to discuss global economic developments

Abu Dhabi’s Etihad Airways enters into agreement with UK’s easyJet

Customers can purchase tickets through the easyJet global website connecting the two airlines’ networks

UAE issues UK travel advisory

The Ministry of Foreign Affairs has issued an advisory in the wake of an increase in violence and knife crime

UK: Is the worst over as yet?

The UK has technically evaded recession but as uncertainty around Brexit looms large, the economy continues to trudge along

Dubai’s dnata to acquire remaining 50% shares in UK-based Alpha LSG

Alpha LSG has revenues of more than £290m, and employs 3,500 people in the UK

Dubai’s DFSA, Luxembourg financial regulator sign agreement

This cooperation is Dubai Financial Services Authority’s eighth fintech agreement

Damac chairman purchases Roberto Cavalli

Vision Investment Company, controlled by the Damac chairman, purchased the Italian fashion house in a deal reportedly valued at €160m

Al Maktoum Centre for Middle Eastern Studies to open at Trinity College Dublin

The new centre is designed to help promote Middle Eastern studies within Ireland and globally

“Sacred landmark” Notre-Dame Cathedral devastated by fire

UAE Minister of State for Foreign Affairs, Anwar Gargash, called the incident in Paris a “terrible tragedy”

EU states block putting Saudi Arabia on dirty-money list

Member state unanimously rejected the move to put the kingdom on the blacklist

After Saudi king’s letter, EU states move to block dirty-money list

Saudi Arabia was among 23 nations put on a money-laundering blacklist by the EU in February

UK set for hung parliamnet after May’s Conservatives lose seats

Labour Party leader Jeremy Corbyn called on Theresa May to resign after the result

Manchester concert attack: At least 22 killed, no official claim as yet

British police are treating the blast – which took place at the end of a concert by US singer Ariana Grande – as a “terrorist incident”

GCC and UK announce strategic partnership

The agreement will focus on politics, defence, security and trade

Bosnian village reserved for Arab investors attracts local fury

The village is said to be off limits to locals unless they are working as domestic servants

Qatar Airways and IAG deepen commercial links

The agreement comes as British Airways converts its flights to Doha and Muscat to direct services from October 30

UAE’s Al Habtoor buys two Budapest office buildings

The acquisitions follow two previous hotel deals in the Hungarian capital by the conglomerate

Fox calls for greater UK, UAE trade ties during visit

UK trade secretary said the UAE had been highlighted for “big-ticket” export opportunities post Brexit

What Brexit means for the Gulf

It may not be the next global recession but Brexit cannot be ignored in the region

Saudi/French deals expected during prince’s visit

The prince will meet with senior French leaders including President Francois Hollande

Market volatility to intensify as Brexit vote looms

Expats urged to keep a close eye on their investments as Thursday’s vote approaches

Gulf investors hold back on UK property deals

The country’s looming Brexit vote means many are taking a wait and see approach

Brexit debate comes to Dubai as expats urged to cast their vote

Representatives from both sides laid out their arguments to Dubai’s business community

Qatari firm plans to convert US embassy in London to luxury hotel

Qatari Diar is also undertaking a $2bn rental venture in the UK capital

Liverpool FC in Middle East takeover bid, says report

The famous Premier League football club could be sold for more than $900m