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Etihad-South African Airways Become Codeshare & Interline Partners

The MoU between the two airlines makes provision for reciprocal ‘earn and burn’ with frequent flyer programs

Abu Dhabi’s Gulf Capital Gets $120m Loan For Saudi Project

The 10 year loan facility will be used to develop the first phase of the residential compound

ADCB Buys Back Shares Worth $313m

ADCB’s shares hit a 4-1/2 year high on Wednesday; the bank posted a five per cent increase in first-quarter net profit.

Masdar Eyes Further Investment In UK’s Clean Energy Sector

Abu Dhabi clean energy company Masdar has signed an MoU with UK’s GIB.

Majority Prefer To Work With Friends Over Competence

A study by the director of Abu Dhabi’s INSEAD business school warns homogenous teams at work can be dangerous.

Shell Beats Total To Become UAE’s Sour Gas Partner

The 30-year venture puts Shell in position to renew its role in the UAE’s largest onshore oil concession when that contract comes up for renewal next year.

Abu Dhabi Hotels Gain 15% In Total Revenues in Q1 2013

Q1 2013 outshines the Q1 2012 figures in hospitality sector

Abu Dhabi’s Aldar And Sorouh Report Drop In Q1 Revenues

Developers in Abu Dhabi are struggling to emerge from the property market collapse in 2009

Etihad Launches Mapped Out Tool With LinkedIn

LinkedIn connections are displayed on a map and members can enter search parameters.

Abu Dhabi Plans Financial Free Zone, May Compete With Dubai

The area, known as the Abu Dhabi World Financial Market, is scheduled to come up on the emirate’s Al Maryah island, say sources.

Etihad Signs Codeshare Deal With Air Canada

The UAE reinstated a visa waiver for Canadian citizens in April which it withdrew amid a dispute over landing rights more than two years ago.

Abu Dhabi Commercial Bank Posts 5% Rise In Q1 Profit

The lender posted a net profit of Dhs903 million ($245.8 million) in the three months to March 31, up from Dhs861 million in the prior-year period.

Etihad Buys Jet Airways Stake For $379m

The Abu Dhabi carrier is approved to buy 27.3 million shares at 754.74 rupees each on a preferential basis.

Abu Dhabi Among Top 10 Global Shopping Centre Developments

The emirate is rapidly developing new retail space, finds new report.

Abu Dhabi’s Senaat Plans Over $600m Investment In Industry

The company’s revenues totalled Dhs12.3 billion in 2012, up 7.2 per cent over the previous year.

National Bank Of Abu Dhabi Q1 Profit Up 36%

The bank posted net profit of Dhs1.41 billion ($384 million) in the first three months of 2013.

Abu Dhabi’s Kizad Signs Dhs33m Deal With Cast Aluminium Industries

UAE-based CAI has signed a long-term land rental agreement to operate in Kizad’s aluminium industrial cluster.

Etihad Travel Mall Opens In Dubai

New round-the-clock, comprehensive facility targets more Dubai passengers

NBAD Signs Refinancing Deal With Paris’ Prince de Galles Hotel

The Abu Dhabi lender is refinancing the renovation of the Parisian five-star hotel that is scheduled to re-open in May 2013.

Earthquake Witness Accounts In Dubai, Abu Dhabi

People in the UAE recount their first reactions to the earthquake that hit Iran on Tuesday and sent shock tremors across the GCC.

Cityscape Abu Dhabi: Aldar Wins Contract To Build 996 Villas

Abu Dhabi Housing Authority has awarded Aldar the contract to build the villas in the emirate’s Al Falah area.

Etihad Launching Belgrade Flights

Etihad aims to tap into growing UAE trade flows and connect Serbian diaspora in Australia and US.

Abu Dhabi Fund Mubadala Swings Back Into Profit In 2012

The fund made a profit of Dhs455 million in 2012, compared with a loss of Dhs3.2 billion in 2011.

Serbia Hints Etihad May Invest In JAT Airline Next Week

Abu Dhabi-based Etihad is mulling the acquisition of a 49 per cent stake in the indebted Serbian airline.

Abu Dhabi Firm Al Jaber CFO Resigns Amidst Debt Talks – Sources

The conglomerate is currently in the midst of a $4.5 billion debt restructuring.

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.

Gulf Capital Unit Buys Stake In Turkish Diagnostic Firm

Techno Group Investment Holdings bought a 75 per cent stake in Turkish firm Dogu Tip for an undisclosed sum.

Etihad CEO: “We Cannot Catch Emirates”

James Hogan, CEO of Abu Dhabi-based Etihad Airways says it is not about being the biggest, but about being the smartest.

Etihad-Aer Lingus Codeshare Gains US Regulatory Approval

Etihad passengers flying on Aer Lingus’ planes to New York and Chicago can now pre-clear US Customs and Border Protection in Dublin

Abu Dhabi’s Kizad Awards Dhs100m Contract to UAE Firm

Khalifa Industrial Zone Abu Dhabi has awarded a deal to construct phase 1 of its pre-built warehousing to UAE’s System Construct.