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Abu Dhabi’s Image Nation To Finance Tom Hanks Thriller, The Circle

The movie has been written and will be directed by James Ponsoldt, and will start shooting in August 2015.

Abu Dhabi’s Aldar Launches Plots For Sale At Nareel Island

The Nareel development, designed for Emiratis, consists of two islands comprising 148 villa plots.

Abu Dhabi’s Property Market: Stable And Slowing

The emirate’s real estate is expected to stabilise this year, but the negative impact of lower oil prices could be felt in the longer term.

UAE’s ADIB Q1 Profit Up 10.1% On Higher Revenues

ADIB made a net profit of Dhs450.8 million ($122.8 million) in the first quarter of 2015.

Abu Dhabi’s Dolphin Energy Seeks Adviser For $1bn Loan -Sources

The firm is looking for what bankers termed “incremental finance”, sources said.

Q&A: Aldar’s CEO On The Abu Dhabi Property Market

Aldar Properties CEO Mohamed Al Mubarak says the company is looking to launch 5,300 units over the next four to five years.

Abu Dhabi’s TAQA Says Appoints Acting CFO

Grant Gillon has been appointed the acting chief financial officer of TAQA.

Etihad To Start Second A380 to London From May 1

Two of the airline’s three daily flights to London will now be operated by the jumbo jet.

Abu Dhabi Sovereign Wealth Fund To Buy HK Hotels In $2.4bn Deal

A JV formed by New World and ADIA will buy stakes in three Hong Kong hotels.

UAE Bank NBAD Expects Costs To Jump 10.9% In 2015 – CFO

The lender reported a marginal increase in first-quarter net profit.

UAE Bank NBAD’s First Quarter Net Profit Hampered By Costs

NBAD made a net profit of Dhs1.42 billion in the first quarter of 2015.

Japan’s Inpex In Talks To Obtain New Abu Dhabi Concession

Inpex was one of 11 firms that bid for stakes in the concession covering Abu Dhabi’s 15 principal onshore fields.

Abu Dhabi’s Masdar City Launches Solar-Powered Eco-Villas

The four-bedroom villa concept includes an array of solar panels that will generate approximately 40,000 KWh per year.

Bloom Holdings Launches Park View Project In Abu Dhabi

The project will have a residential building consisting of 234 units and a 188-key hotel.

Abu Dhabi To Invest Over $25bn In Offshore Oilfields -ADNOC Official

The plan is part of the UAE’s strategy of increasing its crude oil output potential to 3.5 million barrels per day by 2017-18.

UAE’s ADNOC Says No Timeframe For Decision On Onshore Concession

Nine firms bid for stakes in the Abu Dhabi Company for Onshore Oil Operations (ADCO) concession which became available after a 40-year deal expired.

Aldar Launches Three New Residential Projects In Abu Dhabi

The developer launched West Yas and Mayan communities on Yas Island while its third project Meera will be located on Reem Island.

Abu Dhabi Real Estate Slowdown Expected, Rental Cap Could Be Reintroduced

Low oil prices mean Abu Dhabi’s real estate market is expected to be stable to negative this year, with a new rental cap under consideration.

UAE Telecoms Company Etisalat’s Quarterly Profit Up 7.6%

Etisalat made net profit of Dhs2.18 billion ($593.6 million) in the first quarter of 2015.

ADNOC To Start Monthly Oil Product Deliveries To Egypt Next Week

The Egyptian government had said state-owned EGPC will buy 65 per cent of its oil product import needs from ADNOC in 2015.

Etihad Airways Added $1bn To Europe’s Economy In 2014

The airline’s capital spending on aircraft and other aviation equipment pumped in $2.6 billion to the European economy last year while supporting 28,100 jobs.

Abu Dhabi Crown Prince To Meet Obama At White House Next Week

The National Security Council said the meeting is scheduled for next Monday.

Abu Dhabi’s Mubadala GE Capital Says No Plans To Change Shareholdings

Mubadala GE Capital was set up in 2009 as a 50:50 venture to invest globally in GE Capital-originated commercial finance assets.

UAE Bank NBAD Targets Africa, Asia For Wealth Management Growth

NBAD has been focusing on growing its fee-paying businesses such as wealth management as it aims to offset high levels of competition in traditional banking products.

Abu Dhabi’s Aldar Starts Construction On Ansam Project In Yas Island

The project is currently the only residential development on Yas Island that is available for sale to expatriates.

US Firm Apollo Plans To Expand Into Mideast Via Dubai Joint Venture

Apollo is the world’s third-largest alternative asset manager after Blackstone Group and Carlyle Group.

Etihad, Jet Confirm Sponsorship Of IPL Cricket Team, Mumbai Indians

The airlines’ logos will feature on the team’s shirts, and their branding will also be advertised in the Wankhede Stadium.

Abu Dhabi Airports Names Board Member Al-Mazrouei As CEO

He replaces Tony Douglas, who joined Britain’s defence ministry (MoD).

Abu Dhabi Industrial Group Senaat Posts 5% Profit Rise In 2014

Senaat’s revenue increased by 16 per cent to Dhs13.4 billion in 2014.

Etihad Purchase Of Darwin Stake Gets Swiss Approval

The Abu Dhabi carrier agreed to buy a 33.3 per cent stake in Lugano, Switzerland-based Darwin at the start of 2014.