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Abu Dhabi’s Masdar Launches Wind Farm In Seychelles

The 6MW Port Victoria Wind Farm is expected to power 2,100 homes in the island country.

Abu Dhabi’s Aldar Awards $1.1bn Contract To Arabtec

Construction of the Kazakhstan project is expected to be completed by 2017.

Etihad Starts Belgrade Services

The route is operated as a codeshare with Serbian national carrier, JatAirways.

Exclusive Interview: Etihad Airways CEO, James Hogan

Etihad Airways is avoiding legacy alliances to build its own one-on-one partnerships and is reaping the results, says Hogan.

Al Noor Hospitals Seeks Up To $390m In London Float

Healthcare businesses in the Gulf region are expected to boom in coming years as rising wealth couples with an increase in so-called lifestyle diseases.

Abu Dhabi Adds Over 2,000 Residential Units In Q1 2013

A total of 1,283 buildings were completed in Abu Dhabi during the quarter, according to official data.

National Bank of Abu Dhabi Appoints New CIO

Claude Henri Chavanon replaces Alan Durrant who left NBAD recently.

Dubai Property Investors Face Dhs172m Loss On Hydra Projects

The Abu Dhabi developer has sold three plots of land to help meet its creditor obligations, but is still facing a huge deficit in its debts to the Abu Dhabi courts.

Etihad Expands To South America, Launches Flights To Brazil

The Abu Dhabi carrier will offer non-stop flights to Sao Paolo three times a week.

Abu Dhabi Commercial Bank Repays Govt Funds In Full

The lender has repaid the remaining Dhs2.6 billion of a Dhs6.6 billion loan facility it borrowed from the government.

UAE’s Taqa Takes Over BP’s Harding Field In North Sea

The move was part of an acquisition of BP assets in the North Sea agreed in 2011.

Etihad Raising ME And Subcontinental Services

Extra flights to Amman, Cairo, Islamabad and Muscat this summer are designed to improve network-wide connectivity.

Abu Dhabi Fastest Growing City In ME, Africa

The MasterCard Cities Index report showed the UAE’s capital has a growth rate of 16.1 per cent in relation to visitor numbers.

Ex-RBS MidEast And Africa CEO Joins Abu Dhabi Bank

Penney, who resigned from RBS in March, will join First Gulf Bank as head of its expanding wholesale banking division.

Abu Dhabi’s Al Noor Hospitals Plans London Listing

Deutsche Bank AG and Goldman Sachs Group are mandated joint sponsors and global coordinators, with HSBC Holdings as joint bookrunner.

Abu Dhabi Fund ADIA Turning To Emerging Markets

The fund raised its exposure limit on Chinese equities to $500 million from $200 million in the third quarter.

Former Rocco Forte To Be Rebranded Hilton Abu Dhabi Capital Grand

Today’s announcement that Hilton will assume management control of the architecturally striking hotel puts recent weeks of speculation to rest.

Kenya Airways Starting Abu Dhabi-Nairobi Flights In July

The service will be operated in conjunction with Etihad following the signing of a reciprocal codeshare agreement in February.

Abu Dhabi Lender ADCB To Price Subordinated Bond

Early price talk for the 10-year deal, which is not redeemable for five years, was released at 230 basis points over five-year midswaps.

Abu Dhabi’s Man City And New York Yankees In New MLS Team

Sheikh Mansour-owned City will be the majority partner in New York City Football Club along with the biggest name in baseball, the Yankees.

Gulf Capital To Raise $360m From Islamic Loan

The funds raised will partly be used to buy a new vessel, refinance debt and pay investors dividends.

Abu Dhabi’s IPIC To Use $4bn Pipeline Payment To Repay Debt

The state-owned firm built a crude oil pipeline from Habshan to Fujairah in the UAE.

Etihad Buys Three AD Airport Service Companies

The trio, covering in-flight catering, ground handling and cargo, now fall under Etihad Airport Services, a wholly owned subsidiary of Etihad

Air Berlin Declines Further Etihad Finance Help

Germany’s second-biggest carrier, almost 30 per cent-owned by Etihad, suffered a first-quarter loss before interest and tax (EBIT) of 188.4 million euros ($244.5 million).

Etihad Launches Daily Service To Amsterdam

The inaugural flight carried the code of the Dutch airliner KLM as it took off for Netherlands’ capital city on Wednesday morning.

Abu Dhabi Fund Names Deutsche Bank Exec As Infrastructure Head

ADIA said John McCarthy will oversee its existing portfolio and originate new transactions.

EXCLUSIVE: Etihad CEO Slams Legacy Alliances

James Hogan says the Abu Dhabi carrier’s one-on-one partnerships are “easier, faster and more cost effective”.

Full Steam Ahead For Abu Dhabi Ports Company

The Abu Dhabi Ports Company’s ambitious Dhs26.5 billion megaproject is powering ahead and on track to establish the UAE as a global maritime hub.

Abu Dhabi’s New Financial Zone To Benefit Dubai

Earlier this month the Abu Dhabi government said it would set up a full-service financial zone on an island near the city’s downtown.

Abu Dhabi Tourism Company Loss Widens Amid Property Weakness

TDIC made a net loss of Dhs2.17 billion in 2012 due to impairments and depreciation compared with a loss of 1.27 billion in the previous year.