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Abu Dhabi Islamic Bank Q4 Net Profit Rises 19.3%

The bank made a net profit of Dhs409.6 million in the last quarter of 2014, it said in a statement.

Abu Dhabi Commercial Bank Q4 Net Profit Jumps 16%, Hikes Dividend

The bank made a net profit of Dhs1.02 billion ($277.7 million) in the fourth quarter of 2014, it said in a statement.

IMF Cuts UAE’s 2015 Growth Forecast

The Gulf country is expected to see a growth of 3.5 per cent for 2015 and 2016, according to IMF’s latest update.

Abu Dhabi’s Al Hilal Bank Says CEO Berro Resigns

Sarie Ahmed Arar, currently the executive vice president of wholesale banking, will assume the role of acting CEO.

Etihad Says Remains Committed To Darwin Airline Tie-Up

Etihad is in the process of buying a 33.3 per cent stake in Darwin, which has already rebranded itself Etihad Regional.

Etihad And Alitalia Unveil Network Details

Sicily set to be the fifth Italian destination connected to Abu Dhabi

Aabar Investments Inks Deal With Manchester City Women’s Football Club

As part of the deal, Aabar will sponsor the team’s pre-season training camp and receive a certain portion of match-day advertising.

UAE, France Ink Deal To Fund Renewable Energy Projects

The countries are looking to announce their first project this year and are currently reviewing project proposals in the Middle East, a joint statement said.

Abu Dhabi Developer TDIC Confirms CFO Departure

TDIC’s deputy finance head Matt Matharu is currently serving as acting CFO, a spokesman said.

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Abu Dhabi’s Al Jaber Says Wins $545m Road-Building Contracts

Abu Dhabi General Services Co awarded the contracts to the company for improvements to two sections of the highway from Mafraq on the outskirts of Abu Dhabi.

UAE’s ADNOC Seeks 288,000 T Gasoline For March-April Delivery

The specified amount is slightly higher than the usual volumes that the company buys, a Singapore-based trader said.

Citigroup Loses Appeal Over Abu Dhabi Fund’s Arbitration

Abu Dhabi Investment Authority is pursuing a second arbitration over its $7.5 billion investment in Citigroup in late 2007.

National Bank Of Abu Dhabi Hires Low As SE Asia Debt Head

Wynce Low was previously head of debt capital markets for HSBC in Malaysia.

US Preclearance At Abu Dhabi Airport Now Extended To All US-Bound Flights

The facility will now be operational for Etihad’s early morning flights, EY103 to New York JFK and EY183 to San Francisco.

UAE’s Al Jaber Group Confirms CEO Exit

The Abu Dhabi-based group has seen a number of management changes in the last two years.

Abu Dhabi Airport Hit By More Fog, Reschedules Some Flights

Normal operations are expected to resume by later on Thursday afternoon, the spokesman said.

Abu Dhabi Plastic Maker Borouge Says Prices To Steady In 2015

Borouge is a joint venture between state-owned Abu Dhabi National Oil Company and Austria’s Borealis.

Abu Dhabi Financial Centre To Base Rules On English Common Law

The Abu Dhabi Financial Centre will have its own administration, court system and tax incentives to attract banks and companies from around the world.

Etihad Forecasts Normal Operations Post Fog Delay

The airline will also review the amount of time its flights can be on the tarmac with passengers on board, following reports of passengers being held on a plane for nearly 12 hours.

UAE’s Al Jaber Group Wins Contract To Build New Airport in Saudi Arabia

The project will include a new passenger terminal covering an area of 86,000 square metres and will be built to accommodate around five million passengers annually.

Abu Dhabi Government Reveals UAE’s Public Holidays In 2015

There are 10 public holidays for all workers in the public sector.

Delayed Etihad Flight Held On Tarmac For 12 Hours, Passengers Say

Passengers said that they were asked to wait in the plane because Abu Dhabi International was too crowded with travellers from other stranded flights.

Massar Solutions Announces First Abu Dhabi Share Float Since 2011

The firm will seek to sell 240 million ordinary shares at Dhs2.4 ($0.65) each between January 11 and January 25, it said in a statement.

Abu Dhabi Finance Firm TNI Says CFO Resigns, Replacement Named

Rami Hurieh took over as CFO effective from January 4 after the departure of Jean Ayoub, TNI said in a bourse filing.

Fog Causes Severe Disruption At Abu Dhabi Airport -Etihad Airways

The airport was closed for a little more than an hour from 2.30am local time on Saturday, Etihad said.

Etihad Airways Says Abu Dhabi Airport Resumes Operations

After a two-hour closure, all diverted flights have proceeded to Abu Dhabi and delayed outbound flights have begun departing, a statement said.

Abu Dhabi Airport Closes Temporarily Due To Severe Fog

Etihad Airways diverted 15 inbound flights to five other airports in the region including Dubai World Central and Muscat.

Etihad Completes Alitalia Purchase

The deal is expected to give Etihad greater access to the fourth largest travel market in Europe.

Abu Dhabi Airport Reopens Southern Runway After Dhs830m Upgrade

The upgrade will allow the airport to handle wide body aircraft such as the A380 and the Boeing 787.

Etihad To Begin Double Daily Services To Melbourne

The new service is scheduled to begin from August 1 2015, the airline said in a statement.