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ABU DHABI NEWS

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The National Bank of Abu Dhabi (NBAD) Records AED 3.2 Billion Net Profits In 9 Months
National Bank of Abu Dhabi (NBAD) reported a cumulative 7.6% increase in net profits to AED 3,212 million for the first three quarters of 2012 compared with AED 2,984 million earned in the corresponding period of 2011.

2012 Formula 1TM Etihad Airways Abu Dhabi Grand Prix Only A Few Tickets Remain
With more than 93% of tickets to the 2012 Formula 1TM Etihad Airways Abu Dhabi Grand Prix sold, and fewer than 3,000 tickets remaining for purchase, Yas Marina Circuit is urging fans to purchase tickets now to avoid disappointment.

Dates & Coffee To Welcome Eid Worshippers At Abu Dhabi’s Iconic Sheikh Zayed Grand Mosque
Worshippers celebrating the start of Eid Al Adha at Abu Dhabi’s majestic Sheikh Zayed Grand Mosque this Friday will be treated to Arabic coffee and dates after the Salat Al Eid prayers as part of Abu Dhabi Tourism & Culture Authority’s (TCA Abu Dhabi) EidFest Abu Dhabi initiative.

Etihad Airways Keen To Expand Russian Operations
Etihad Airways, the national airline of the United Arab Emirates (UAE), is celebrating four years of its non-stop service between Moscow and Abu Dhabi.

Next Month’s Abu Dhabi Art Welcomes Contemporary Designers, Artists, Architects
They will sit on more than 20 panels and interviews discussing topics such as the search for the ’centre of the Art World’, the vision and architecture of the Guggenheim Abu Dhabi and a panel about the complimentary roles played by non-profit and commercial entities in the region.

Masdar To Develop 15 MW Solar Plant In Mauritania
Masdar announced today the development of a 15-megawatt solar power project in Nouakchott, the capital city of the Islamic Republic of Mauritania.

To Mark World Diabetes Day: Walk 2012
Come and show that every step counts in embracing a healthy lifestyle. Join thousands to pace up to five kilometres around Yas Marina Circuit in the sixth annual walkathon, Walk 2012 on November 16 this year, just two days after World Diabetes Day.

Discovery of a new oil accumulation by TAQA Contender Well
The well was drilled from TAQA’s North Cormorant platform and the field is expected to be developed under the new field name ’Cormorant East’. Production will be processed through the North Cormorant platform.

Etihad Airways Launches Arabic Facebook Page
Etihad Airways, the national airline of the United Arab Emirates, today launched its new Arabic language Facebook page to a global audience.

First Gulf Bank (FGB) Q3’2012 Net Profit up 15% to AED 1,054 Million; 9 Months Net Profit up 12% to AED 3,006 Million
One of the most notable areas of growth during Q3’2012 was the increased rate of loans, which rose by 3%, further adding to the growth of 6% which was achieved in H1’2012.

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