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IPIC concludes US$625m loan facility to acquire 20pc stake in Cosmos Oil
The International Petroleum Investment Company (IPIC) has concluded a US$625 million syndication loan to finance acquisition of 20 per cent shares in Japan’s Cosmos Oil Company

Spa Resources International And Etihad Airways Add A Soothing Touch To Abu Dhabi International Airport
Spa Resources International, the Dubai-based, specialised Spa Management and Consultancy Company which has set the standards for the spa and wellness industry in the region for over a decade now, has entered into a groundbreaking new agreement with Etihad Airways.

UAE writes off Iraq debts
Sheikh Khalifa said the UAE’s decision to write off the Iraqi debts was genuine expression of brotherhood and solidarity between the two countries

MBI’s ’Deerfields Town Square’ Assigns Colliers International As Retail Consultant
Mubarak and Brothers Property and Financial Investments (MBI), a major investment company with key stakes in real estate and construction, infrastructure, and industrial ventures, today announced it has assigned world renowned Colliers International.

Al Diar Hotels & Etihad Airways Launch Joint Summer Promotion
Al Diar Hotels, a chain of seven executive hotels owned and managed by Abu Dhabi National Hotels (ADNH) has announced a joint summer promotion with Etihad Airways to offer hotel guests a chance to win free roundtrip tickets to a number of worldwide destinations.

Strategy Meeting Of The National Committee To Combat Human Trafficking Discusses Next Phase Plan Of Action
The UAE National Committee to Combat Human Trafficking concluded its 10th meeting today in Dubai with a draft plan for the next phase of its counter trafficking strategy.

First Gulf Bank’s Makkah Credit Card Presents the Opportunity of a Lifetime
This opportunity is open to customers who apply for a Makkah Credit Card from now until August 20th.

Noor Islamic Bank Signs MoU with Abu Dhabi’s ALDAR Properties and Sorouh Real Estate
Noor Islamic Bank is one of the few Dubai based banks to be on the approved panel of these developers which are renowned for their role in transforming the UAE’s capital into becoming an economic, tourism and cultural hub.

Etihad Airways gives away extra prizes due to the popularity of Summer in Abu Dhabi
The Abu Dhabi National Exhibition Centre, Etihad Airways has increased increased the value of its giveaways from AED70,000 to AED150,000 during the 8 week extravaganza

UAE Ministry of Interior formalises support for Emcredit
A historic memorandum of understanding (MoU) was signed between Emcredit, the UAE’s first private credit information services company, and Abu Dhabi-based government entities The Privatisation Company, a wholly-owned company of the UAE Ministry of Interior; and Emirates Identity Authority

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