Friday 30 January 2015
 
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Qatari-led group wins $4bn battle for Canary Wharf

A Qatari-led consortium looked set to win its long-running battle to buy Songbird Estates on Wednesday after the owner of London's Canary Wharf business district dropped its opposition to the $4 billion offer. Songbird said it

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Iran delays London oil investment summit

Iran has delayed until later in the year a widely anticipated London conference during which it would unveil new oil and gas investment opportunities, two industry sources said. The conference, which was due to be held on February

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World rings in New Year with hope

The world welcomed 2015, hoping it would turn out to be a better year than the one they were ringing out. Revelers converged on the beaches of Brazil, the shores of Sydney Harbour and New York's Times Square to see off a turbu

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Etihad launches debut A380 service to London

UAE's national airline Etihad Airways on Saturday (December 27) launched its debut A380 service to London Heathrow from the Abu Dhabi airport. The inaugural flight took off from the Abu Dhabi Airport at 2.35 am on Saturday (December

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Qatar firm buys 50pc stake in London's Savoy Hotel

A Qatari-owned firm has acquired a 50 per cent stake in London's legendary Savoy Hotel,  historic five-star hotel in the UK. Katara Hospitality purchased its share of the hotel, formally known as Fairmont Hotel the Savoy, from

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Canary Wharf owner rejects new $4bn bid from Qatar

The owner of London's Canary Wharf, a major business district, rebuffed a raised GBP2.6 billion ($4.1 billion) bid for the financial district from Qatar and a North American investor saying it was too low. Songbird Estates sai

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Etihad’s new livery showcased at London Heathrow

Etihad Airways new livery will now be seen by thousands of air travellers every day as they pass the 'Etihad Roundabout' by Terminal 4 at London's Heathrow Airport in UK. The roundabout is home to three large models of the B

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Abu Dhabi investors eye prime London properties

Chestertons, a leading international property agency, said it had received an overwhelming response from investors in Abu Dhabi, UAE, for its Dh8.8 billion ($2.4 billion) Royal Wharf project. The company had showcased the UK proje

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NBAD inks $489m finance deal for UK luxury project

The National Bank of Abu Dhabi (NBAD) said it has completed a Dh1.8 billion ($489 million) financing deal with UAE-based Abu Dhabi Financial Group for one of the largest redevelopment projects in prime Central London, UK. The 1 Pa

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Qatar may up bid for Canary Wharf owner

Qatar Investment Authority (QIA) and Brookfield Property Partners may increase their £2.2 billion ($3.5 billion) takeover offer for Songbird Estates, majority owner of London's Canary Wharf, the Sunday Times reported.

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