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ABU DHABI NEWS

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Abu Dhabi Finance Launches A New Mortgage Promotion - A Fixed Interest Rate Of 4.99%
Abu Dhabi Finance, the Emirate’s leading home finance provider, has today revealed the launch of a special promotion for the Cityscape Abu Dhabi exhibition.

TDIC Donates Ambulance to Red Crescent Abu Dhabi
Tourism Development & Investment Company (TDIC), master developer of Saadiyat in Abu Dhabi, today donated an ambulance to The Red Crescent Authority (RCA). The donation forms part of the company’s continued commitment to social responsibility through supporting the local community and charities.

Yahsat’s second Satellite Y1B successfully launched
Al Yah Satellite Communications Company PrJSC, ’Yahsat’, has announced the successful launch of its second satellite Y1B. The launch took place at the Baikonur Cosmodrome, Kazakhstan today at 2:18 am Abu Dhabi time.

Abu Dhabi records double digit Q1 growth in hotel guests and guest nights
Abu Dhabi has seen double-digit growth in both hotel guests and guest nights in the first quarter of this year compared to last.

US$54 Million Abu Dhabi Real Estate Project Inspired By Artefacts Of The Islamic World
A US$54 million commercial and residential project in Abu Dhabi which is inspired by artefacts and elements of the Islamic world has been launched at Cityscape Abu Dhabi.

Twenty-four New Tenants Officially Announced At Abu Dhabi’s Central Business District At Sowwah Square
Sowwah Square, the heart of Abu Dhabi’s new Central Business District (CBD), is formally announcing today its next wave of twenty-four new tenants. Over 80% of Al Sila (Tower 1) and 48% of Al Maqam (Tower 3) are now leased.

Masdar Institute Organizes Two-Day Course on ’Waste Management and Waste to Energy’ for YFEL Members
Titled ’Waste Management and Waste to Energy Course’, the course from 16-17 April was led by DrIsamJanajreh of Mechanical Engineering program at Masdar Institute.

Rocco Forte Hotel Abu Dhabi Only GCC Property Recognised in Condé Nast Traveller Hot List 2012
The Rocco Forte Hotel Abu Dhabi is the only hotel in the GCC to be recognized as one of the 60 best new openings around the world for 2012, by world-renowned travel publication Condé Nast Traveller.

NBAD To Launch Real Estate Fund
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, today announced that it’s new wholly owned subsidiary NBAD Investment Management (DIFC) Limited has been authorized by the Dubai Financial Services Authority.

ADIB Launches A Unique Real Estate Investment Solution At Its Wealth Management Seminar
ADIB Private Bank announced today the successful conclusion of the second edition of its Wealth Management Seminar series.

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