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Etihad upbeat on earnings outlook

Etihad upbeat on earnings outlook

Abu Dhabi-based airline Etihad Airways is upbeat on its future earnings after posting its first full-year profit in 2011, its chief commercial officer told Reuters on Wednesday.

March 8, 2012 3:56
 
Dubai’s Arabtec’s Q4 profit surges

Dubai’s Arabtec’s Q4 profit surges

Dubai builder Arabtec , in which Abu Dhabi's Aabar Investments upped its stake recently, saw a three-fold rise in its fourth-quarter net profit, handily beating analyst expectations.

March 8, 2012 3:37
 
UAE’s NBAD eyes regional mandates

UAE’s NBAD eyes regional mandates

National Bank of Abu Dhabi, the largest lender by market value in the United Arab Emirates, is set to take on regional mandates to add to its home-market advantage, the head of the bank's debt capital markets team said.

March 7, 2012 1:30
 
AMD sells stake in GlobalFoundries; restructures supply deal

AMD sells stake in GlobalFoundries; restructures supply deal

Advanced Micro Devices has dumped its equity stake in GlobalFoundries Inc, three years after spinning off the company that makes most of its computer chips, in a move that frees it to strike manufacturing deals with other foundries.

March 6, 2012 11:08
 
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