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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.

UAE’s Mubadala 2014 Profit Drops On Investment Income, Provisions

The fund said in a statement it made a net profit of Dhs1.04 billion in 2014, down from Dhs1.45 billion in the previous year.

UAE’s TAQA Slashes Capex Plans, Dividend, After Big Q4 Loss

The company lost Dhs3.63 billion in the fourth quarter of 2014.

UAE’s Al Jaber Group Suspends CFO Pending Discplinary Action

Sam Deeb, the group’s CFO, was appointed in January 2014.

Abu Dhabi’s TDIC Delays Fundraising Plans For Huge Shopping Mall – Sources

The move by the Abu Dhabi state-owned investment fund casts doubt on whether this key part of the emirate’s infrastructure plans will go ahead.

Etihad Makes Entry Into Spain

Spanish capital is now served by all three major Gulf airlines

UAE’s Al Noor Hospitals 2014 Profit Rises 36% On More Outpatients

Abu Dhabi’s largest private healthcare provider, listed in London, reported a net profit of $84 million for 2014.

Aabar Chairman Says UniCredit Bonds Not An Exit From Bank Investment

Aabar chairman Khadem al-Qubaisi said the company may issue similar bonds linked to shares in other investments in future, although it currently had no plans to do so.

Abu Dhabi Airports Chief Tony Douglas Steps Down

Authorities said the CEO’s departure would not affect the Midfield Terminal expansion.

Gas Explosion In Saadiyat Injures One Resident

The cause of the explosion is yet to be confirmed, according to the building manager.

Aabar Investment Sets Exchange Price Of UniCredit Shares At 8.8642 Euros

The company said earlier that it had successfully placed 2 billion euros ($2.18 billion) of unsecured exchangeable bonds over shares of UniCredit.

Al Etihad Credit Bureau Begins Issuing Company Reports

Reports will include details of credit facilities that are being used, total amount of credit taken and a firm’s track record of repayment.

Aabar To Raise Up To 2bn Euros Via UniCredit Exchangeable Bonds

Aabar said it would sell two tranches of bonds worth 750 million euros each, with an option to increase that amount by a further 250 million per tranche.

UAE’s Shah Gas Project Seen Achieving Full Capacity In Q2

Al Hosn Gas is the Shah gas development joint venture by the Abu Dhabi National Oil Company (Adnoc) and U.S.-based Occidental Petroleum.

Aldar Sells 281 Land Plots In Abu Dhabi’s Khalifa City

The company generated around Dhs600 million in revenues from the sale of land plots.

Abu Dhabi Airport Passenger Traffic Up 21.5% In February

The airport saw nearly 1.7 million visitors in the month of February, authorities said.

Etihad, Universal Unveil Fast & Furious Branded Boeing 777 Airplane

The luxury aircraft will be used to promote the upcoming action flick, ahead of its launch in April.

Abu Dhabi’s Mubadala Petroleum To Explore Big Morocco Offshore Area

The company has an exclusive licence to carry out a geological survey of the Mediterranee Ouestarea, which comprises 3,433 sqkm.

Etihad Received Loans And Equity Investment From Shareholder – CEO

Hogan said few young companies have operated as transparently as Etihad, which is little more than a decade old.

Abu Dhabi Carrier Etihad Partners With Facebook

The partnership will enable the airline to tailor its services and marketing to specific travellers.

NBAD To Add Export Financing To Its Egypt Operations – CEO

The lender plans to target affluent and high net worth individuals in Egypt.

Abu Dhabi Police Nabs Armed Abaya Clad Robbery Suspect

The fully veiled suspect allegedly threatened employees of an Abu Dhabi money exchange with a fake plastic gun.

ADNOC Sells Naphtha From Expanded Ruwais Refinery Below Market Price

This was ADNOC’s first naphtha spot sale after the expansion of its Ruwais refinery, where capacity has been more than doubled.