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Abu Dhabi’s Etihad orders 12 Boeing jets for $2.8B

Etihad will buy 10 additional 787-9 Dreamliners; Orders makes Etihad world's largest customers of the 787-9; Carrier says will also buy two 777 Freighters

December 12, 2011 1:14
 

UAE’s Emal to invest in $3.8B in production boost

Emirates Aluminium (Emal), a joint venture between Abu Dhabi's Mubadala and Dubai Aluminium (Dubal), plans to invest $3.8 billion for its phase two development as it ramps up production to become the single largest greenfield smelter in the world, its chief executive said.

December 12, 2011 1:08
 
Abu Dhabi’s necessary two steps backward

Abu Dhabi’s necessary two steps backward

The reassessment of Abu Dhabi's Vision 2030 resulted in job cuts and project delays. It would've been nice without a negative knock-on effect but perhaps it just couldn't be helped.

December 11, 2011 6:10
 

Tiger “will add spice” to Abu Dhabi event, says Kaymer

Martin Kaymer is excited at the prospect of taking on former world number one Tiger Woods at next month's Abu Dhabi Championship, the German said on Saturday.

December 10, 2011 4:24
 

Abu Dhabi fund names Weston Head of Alternatives

Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds, said on Wednesday that it had appointed Benjamin Weston, a banking industry veteran of more than three decades, as its head of alternative investments.

December 7, 2011 12:55
 

Abu Dhabi’s TAQA sells $1.5B in bonds

TAQA sells $750 mln 5-year bonds, $750 mln 10-year; New TAQA issues used to refinance existing debt; Order books over $8 billion -market source; Existing bonds sell off after guidance released

December 6, 2011 10:36
 

Abu Dhabi’s Commodore Contracting buys stake in Ferrostaal owner

Abu Dhabi construction company Commodore Contracting is taking a 25 percent stake in Ferrostaal's new owner, MPC Industries, Handelsblatt daily reported on Monday, citing MPC.

December 5, 2011 11:18
 

UAE’s ADNOC says to cut Jan Murban supply by 5 percent

Abu Dhabi National Oil Co (ADNOC), the main exporter for OPEC member the United Arab Emirates, will supply Murban crude at 5 percent below contracted volumes in January, the same as December.

November 29, 2011 1:07
 
Is Abu Dhabi on the right track or missing a little action?

Is Abu Dhabi on the right track or missing a little action?

While a cautious move is commendable, businessman Habtoor urges Abu Dhabi not to lose its economic momentum. Precious de Leon thinks maybe all the capital needs is a little push.

November 27, 2011 3:41
 

Abu Dhabi Airport sees passenger continued growth

Expects 12 mln passengers in 2012; Mid-field terminal contractor selection by Q2 2012

November 27, 2011 1:35
 

Abu Dhabi’s IPIC repays $3.75B debt due 2013

International Petroleum Investment Co. (IPIC) has repaid $3.75 billion in debt ahead of its 2013 maturity as part of its liquidity management strategy, the Abu Dhabi investment vehicle said on Wednesday.

November 23, 2011 10:20
 

Abu Dhabi’s ADCB eyes Benchmark bond in H1 2012

New bond an option to meet upcoming debt maturities; ADCB has $1.5 bln loan maturing March 2012; Bank has "minimal" exposure to Europe

November 22, 2011 2:18
 

UAE’s ADIB sukuk price seen mid-200 bps over midswaps

Abu Dhabi Islamic Bank has issued an initial pricing indication for a five-year dollar-denominated benchmark-sized sukuk, or Islamic bond, with pricing set for Tuesday at the earliest, leads said on Monday.

November 22, 2011 2:09
 

Abu Dhabi’s Gulf Capital sees to close 4 PE deals in Q1 2012

Abu Dhabi-based private equity firm Gulf Capital is in the final stages of acquiring majority stakes in four regional firms, with closing targeted for the first quarter of next year, the company's chief executive said on Monday.

November 21, 2011 1:18
 

Abu Dhabi’s ADCB sets final guidance on 5-year sukuk

Final guidance set at 275 bps over mid swaps; Books closed 1230GMT, pricing expected later today

November 16, 2011 8:26
 
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