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Abu Dhabi's Al Jaber Gets 90 Pct Support for Debt Standstill – Sources

Abu Dhabi's Al Jaber Gets 90 Pct Support for Debt Standstill – Sources

Abu Dhabi conglomerate Al Jaber Group is close to a standstill agreement on its $1-billion plus debt restructuring of debt, with more than 90 percent of lenders agreeing to the move.

April 4, 2012 3:32
 
Abu Dhabi Fund Aabar Doubles Arabtec Stake; Shares Surge

Abu Dhabi Fund Aabar Doubles Arabtec Stake; Shares Surge

Abu Dhabi fund raises stake to 10.45 pct - bourse filing; Arabtec share surge to close up 15 pct on stake boost; Investors expect further stake increases; Arabtec had increased holding to 5.3 pct in March

April 3, 2012 5:18
 
Banks Jostle for Roles in Abu Dhabi Property Merger

Banks Jostle for Roles in Abu Dhabi Property Merger

Abu Dhabi eyeing merger of developers Aldar, Sorouh; Advisory mandate for merger seen imminent – banker; Bankers trying to build inroads with cash-rich Abu Dhabi

April 3, 2012 5:05
 
Abu Dhabi's Etihad Q1 Revenue Rises 28 Pct

Abu Dhabi's Etihad Q1 Revenue Rises 28 Pct

Etihad Airways, Abu Dhabi's flagship carrier, said quarterly revenues rose 28 percent on the back of increased passenger numbers and the expansion of its global network.

April 3, 2012 4:18
 
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