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ENBD Frontrunner For BNP Paribas Egypt Arm

Emirates NBD’s offer was highest in a second round of bidding that took place in December.

Etihad Close To Buying Stake In India Carrier

The Abu Dhabi-based airline is about to buy a stake in either Jet Airways or rival Kingfisher Airlines.

Abu Dhabi Ports CEO – ‘There Is No Danger Of Overcapacity’

Exclusive: Tony Douglas, boss of ADPC, said the newly opened Khalifa Port will mop up Mina Zayed’s traffic and benefit from rising MENA trade.

GALLERY: Inside Dubai Airport’s New A380 Facility

Take a look at the new Concourse A inside Terminal 3 of Dubai International.

UAE’s First Mega Waterpark Opens In Abu Dhabi

Yas Waterworld Abu Dhabi is set to open its doors to the public in the New Year.

Dubai’s A380 Facility – What To Expect

A look at the new 500,000sqm Concourse A that has the capacity to handle 15 million passengers a year.

Dubai’s Habtoor Hotel Renovated In 2013

The five-star resort will see its 446 rooms and F&B outlets refurbished.

Dubai Airport Tests New A380 Terminal

The new concourse A at Terminal 3 was tested by 1,000 volunteers.

Green Shoots For Private Equity Sector

Interest in deals is up say experts, but closing deals is still lacking as billions of dollars in dry powder lies waiting.

UAE’s Central Bank Delays New Exposure Rules

Following complaints from several banks, requirements on liquid assets have been postponed.

Dubai’s Damac Launches New Project

The developer has announced its first major project since 2008 with a 53-storey tower in Downtown Dubai.

Manchester City Halve Losses After Title Win

The Abu Dhabi-funded club reports record revenue as Etihad-influenced commercial revenue doubles.

BP Allowed To Bid In Abu Dhabi Oil Concession

The British oil company was originally excluded from the process after not receiving a qualifying letter.

Drake & Scull Wins New $720m Saudi Contract

The contract is to build the third phase of the Jabal Omar development in Mecca.

Emirates Receives Five Planes In December

The additional widebody planes will help serve the carrier’s ongoing network expansion

Top 10 Search Terms In The UAE

Gangnam Style tops Google’s list of the search terms that saw highest amount of traffic in 2012 in the UAE.

MEBA 2012: Middle East Business Aviation To Double To $1bn

Traffic in the regional business aviation sector has risen 12 per cent in the past year.

Dubai Group To Sell $54m Oman Stake

The investment firm owns 42 per cent of Oman National Investment Corp Holding.

iPad Mini To Launch In UAE

The iPad 4 and iPhone 5 are also both going on sale over the same two-day period.

UAE’s Al Ghurair Has No Plans To Sell Stake In Libyan Refinery

The Al Ghurair group owns half of Ras Lanuf, Libya’s biggest refinery.

Countdown Begins For UAE Launch Of iPhone 5

Local distributors say they have been receiving numerous queries for Apple’s latest smartphone.

MENA Startups Should Not Copy Zuckerberg

Expert at the Global Entrepreneurship Summit says SMEs should focus on ‘boring businesses’.

MEBA 2012: Business Jets Take Flight From Dubai’s New Hub

Dubai World Central is set to become the new hub for business aviation.

Dubai’s New Airport Seen Open To Passengers End-2013

The Al Maktoum International airport was originally due to open for passenger traffic in March last year.

Arab SMEs Must ‘Export Their Champions’

Experts at the Global Entrepreneurship Summit say MENA businesses must look beyond their borders.

3rd Global Entrepreneurship Summit Opens In Dubai

Members of the Dubai royal family and a message from Barack Obama open the two-day event.

UAE’s Etisalat Plans Midnight Launch Of iPhone 5

The UAE telecoms operator will officially launch Apple’s much-anticipated smartphone at 12 am on December 13.

UAE’s NBAD Plans Acquisitions In Expansion Abroad

National Bank of Abu Dhabi aims to be in 41 countries by 2021, compared with 14 right now, said a senior manager.

UAE’s Dana Gas Sets Out Restructured Sukuk Terms

The gas producer defaulted on its $920 million sukuk that matured on October 31.

Etihad Set To Buy 48% Stake In India’s Kingfisher Air

The deal is worth an estimated $550.3 million, according to Indian press reports.