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Emirates To Start A380 Frankfurt Services

One of the airline’s three daily services to be upgraded to A380s from September, complementing double-decker A380 flights into Munich

Barclays Cuts Several Hundred Investment Bank Jobs

The cuts will mostly be in the fixed income, currencies and commodities (FICC) trading and markets businesses, according to sources.

Park Hyatt Vienna Set To Open

Hyatt’s first hotel in Austria is located in a 100-year-old building on the Am Hof square

Etihad Launches Daily Zurich Flights

Daily services on A330-300 aircraft will be supported by Etihad Regional’s traffic growth

Air Serbia Passengers Rise On Etihad’s Connectivity

Revenues rise 47 per cent on back of Etihad Airways’ global connectivity, growing codeshare partners and introduction of three Airbus aircraft

Qatar Airways Launches Edinburgh Flights

Scottish passengers and companies now have better access to Asian and Australasian markets

Qatar’s RasGas Signs Deal With E.ON To Supply LNG To The UK

The three-year contract has the potential to supply up to around two billion cubic meters over its term.

Roberto Cavalli Approaches Bahrain’s Investcorp For Possible Investment

Founder-owned fashion firm Cavalli has for some time been looking for a partner or a buyer to bring in new funds.

Emirates Eyes A380 Vienna Services

If previous ‘one offs’ are an indicator, it may not be long before Austrian travellers fly on the airline’s A380s regularly.

Etihad-Owned Air Berlin Considers Splitting In Two

Air Berlin could be divided into a unit that offers traditional scheduled flights and another that flies to tourist destinations.

UAE Businessman BR Shetty Buys Forex Firm Travelex

Dr. Shetty is the owner of money transfer service UAE Exchange, which has over six million customers in 30 countries.

Qatar Fund Commits $2bn Investment To Russia

The amount will be allocated via joint investments with state-backed private equity fund the Russian Direct Investment Fund.

Emirates Could Buy More A380s If Airbus Revamps Jet – Executive

The carrier placed a surprise order for 50 more of the jumbo jets during the Dubai air show in November.

Airbus Chief Says A380 To Match Boeing’s Latest Jet 777X

Airbus plans to decide later this year whether to upgrade the wide-body jet with new engines.

Qatar To Help Deutsche Bank Raise $11bn In New Equity Capital

The capital measures will increase the bank’s Common Equity Tier 1 ratio and help the German lender expand its investment banking business.

Asking Prices For British Homes Hit Highest On Record In May

Asking prices rose 3.6 per cent in the four weeks to May 10 to an average of $456,900.

Qatar To Take Deutsche Bank Stake As Part Of Cap Increase

Germany’s flagship lender is preparing a multi-billion euro capital increase.

Saudi Arabia May Curb Trade Ties With Netherlands Over Anti-Islam Slogans

Stickers printed by far-right politician Geert Wilders display anti-Islam slogans.

French Investment Bank Natixis Plans Middle East Hiring Spree

Natixis currently has around 40 staff in Dubai, as well as a small representative office in Egypt.

Qatar Airways Launches London Business Class and Hofuf Flights

Doha carrier identifies gap for focused premium product on highly competitive route

Qatar’s Katara Hospitality Inks Deal With Starwood To Operate Milan Hotel

Katara-owned Excelsior Hotel Gallia will be a part of Starwood’s Luxury Collection portfolio, making it the brand’s seventh hotel in Italy.

Dubai Agrees $1.7bn Sale Of German Packaging Firm Mauser

Mauser was put up for sale earlier this year, having been bought by DIC from JP Morgan’s buyout unit in 2007, in a deal which valued the firm at 850 million euros.

UK Fraud Office Steps Up Probe Into Barclays Over Qatar

The Financial Times said this was an acceleration of the SFO’s probe into allegedly corrupt arrangements with Qatar as part of the bank’s emergency cash call in 2008.

UAE’s Just Falafel To Open 57 New Outlets In Europe

The stores, located in Europe’s Benelux region, will be operated by Wadi Degla Holding.

Dubai’s Nakheel Partners With UK’s Premier Inn For Ibn Battuta Hotel

The 372-room hotel at Ibn Battuta Mall is scheduled to open in 2016.

Companies Feeling The Effects of Ukraine Crisis

A range of firms including French bank Societe Generale and credit and debit card company Visa have been affected by the unrest in Ukraine.

Airbus Set For A350 Safety Approval In Late Summer- EASA

Airbus has said tests are going well on its new lightweight, medium-sized jet, developed at an estimated cost of $15 billion.

Abu Dhabi Firm Signs Deal To Develop $9.7bn Project In Greece

The project includes the redevelopment of the former international airport in Hellenikon, Athens.

Abu Dhabi’s TAQA Begins Storing Gas At New Bergermeer Facility

TAQA has invested in Bergermeer storage facility alongside Dutch energy company EBN.

Italian Court Bars Emirates From Flying Between Milan, New York

Emirates, which may appeal the decision, started to fly the Malpensa-New York route in October last year.