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ABU DHABI NEWS

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ADCB Grows SME And Equipment Finance Portfolio
Abu Dhabi Commercial Bank PJSC ("ADCB") has executed a Portfolio Transfer Agreement with Mubadala GE Capital PJSC under which ADCB will purchase a circa AED 450 m portfolio of asset finance loans for small and medium enterprises ("SME") based in the UAE.

Abu Dhabi To Welcome The World At Rotana Hotels For 2014-15 Volvo Ocean Race
Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi), the organisation behind the Volvo Ocean Race (VOR) Stopover in the capital of the United Arab Emirates.

NBAD Gets 1st Market Making License In UAE
​The Securities and Commodities Authority (SCA) has issued the first license for practicing of Market-Making activity to the National Bank of Abu Dhabi (NBAD) following NBAD’s fulfillment of all regulatory requirements.

Emirates Post Group Welcomes UPU Director General
Emirates Post Group welcomed the Director General of the Universal Postal Union (UPU), Mr. Bashar Abdulrahman Hussein, who is on a UAE tour that includes Saudi Arabia and Bahrain.

First Gulf Bank Unveils New Brand Identity For The Future
First Gulf Bank, a major leading bank in the UAE, today announced the official unveiling of its new brand identity.

Aabar Investments Announces Competition To Send An Emirati Into Space
In cooperation with Virgin Galactic, winner will win place onboard SpaceShipTwo’s commercial trips to space.

Sheikh Zayed Bin Hamdan Bin Zayed Al Nahyan Opens 6th Al Hilal Auto Festival – Family Edition
Sheikh Zayed Bin Hamdan Bin Zayed Al Nahyan inaugurated the 6th Al Hilal Auto Festival - Family Edition on Thursday, April 3, 2014 at the Beach Car Parking area of the Abu Dhabi Corniche.

Business Cycle Index 2013 Revealed Strong Performance Of Sectors With Expectations Of High Growth Rates
The economic performance in the Emirate of Abu Dhabi improved significantly in 2013, driven particularly by the growth and development of real estate, tourism and trade sectors, amid expectations of continued stimulants of growth, backed by decision makers in the Government of Abu Dhabi.

Abu Dhabi Commercial Market Yet To Benefit From Economic Upturn, But Outlook Improving
With mixed availability of commercial space across the Abu Dhabi market, potential occupiers remain focussed on prime Grade A stock, which is sustaining rents at the top end of the market, according to the latest research by the leading international real estate consultancy, Cluttons.

Emrill Soars To Dazzling Heights With Elite Residence
Emrill, the leading integrated facilities management provider in the UAE, today announced the signing of a facilities management contract for the stunning Elite Residence.

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