Dubai Informer

Emirates Telecommunications Corp.has ruled out buying the Moroccan government’s stake in Maroc Telecom should the Abu Dhabi telco secure Vivendi SA’s 53%-share in the North African operator Full News here – Zawya.com – UAE News

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Abu Dhabi’s Etihad Airways said net profit tripled in 2012 as its fast-expanding global network attracted more passengers. Full News here – Zawya.com – UAE News

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Dubai Financial, the investment arm of Dubai Group, has started negotiation with an Omani fund for selling its 25% stake in Oman National Investment Corporation (Onic) Holding, said sources familiar with the deal. Full News here – Zawya.com – UAE News

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Abu Dhabi National Energy Co., or Taqa, said it has disposed of its entire 17.98% stake in Canada-based WesternZagros Resources for a total consideration of 85.1 million Canadian dollars (USD 85.7 million). Full News here – Zawya.com – UAE News

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SYDNEY/DUBAI, July 26 (Reuters) – Australia’s struggling Qantas Airways confirmed on Thursday that it is in talks with Dubai’s Emirates about a potential alliance, as fast-growing Gulf carriers race to expand their passenger base. The Australian … Full News here – Dubai – Bing News

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Dubai's Daman sells 22.7 percent stake, says near to IPO DUBAI (Reuters) – Daman Investments, the Dubai-based investment management company, sold a 22.7 percent stake through a private placement which values … Read more on Reuters

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