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ABU DHABI NEWS

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NBAD Net Profits Rise 12% To AED1.04 Billion In Q1
H.E. Nasser Alsowaidi, the Chairman of NBAD, said: "Regional and global uncertainties continue to have an overhang on business sentiments and growth.

Abu Dhabi to host 2013 World Travel & Tourism Global Summit
In a special ceremony at the 12th World Travel & Tourism (WTTC) Global Summit in Tokyo, the WTTC officially handed over to Abu Dhabi the hosting rights for the 13th Global Summit to be held in April/May next year.

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.

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.

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.

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.

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.

Gareth Emery And Sander Van Doorn Make Their Way To Abu Dhabi For One Night Only
FLASH Entertainment and Cream today announced Gareth Emery and Sander van Doorn will be performing at Allure by Cipriani nightclub, Yas Marina, Abu Dhabi on May 10th.

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