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Local, global trends boost Gulf banks as foreign rivals retrench

ABU DHABI/DUBAI (Reuters) - When British banker Michael Tomalin took the top job at National Bank of Abu Dhabi in 1999, the lender had about $9 billion in assets - tiny by global standards - and its operations were largely confined to the oil-rich emirate of Abu Dhabi.Full story

Abu Dhabi plans financial free zone, may resemble Dubai

ABU DHABI (Reuters) - The oil-rich emirate of Abu Dhabi is putting finishing touches to plans to establish a financial free zone that could resemble, and therefore compete with, the Dubai International Financial Centre, sources familiar with the matter said. Full story

Abu Dhabi's Etihad needs to revise Jet Airways deal: chairman

ABU DHABI (Reuters) - Etihad Airways needs to revise its deal to buy a stake in India's Jet Airways <JET.NS> and it is too soon to say when a final agreement will be struck, the Abu Dhabi airline's chairman told Reuters on Sunday. Full story

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