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ABU DHABI NEWS

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Tawazun To Highlight Abu Dhabi’s Rise As Center Of Manufacturing Excellence At ISNR Abu Dhabi 2012
A study by the Homeland Security Research Corporation has approximated global HLS outlay to expand at a compound annual growth rate (CAGR) of 5.5 per cent from USD 68 billion in 2008 to USD 295 billion in 2018.

Broadway Malyan’s Yas Island Masterplan Approved
The master plan for a new 680 hectare waterfront community of up to 55,000 inhabitants on Yas Island, Abu Dhabi, led by global architecture, urbanism and design practice Broadway Malyan for client Aldar PJSC, has been approved by the Abu Dhabi Urban Planning Council.

Aldar Reports Full Year Financial Results For 2011
The Company has also written down the value of certain assets in line with prevailing market values and upon further business reviews undertaken over the course of the year. Accordingly, appropriate impairments, provisions and fair value losses of AED 3,030.3 million were recognised during the year.

ADNH Posts Total Operation Revenues Of AED 1, 819 Million In 2011
Abu Dhabi National Hotels PJSC, today announced its financial results for the year ending 31st December 2011. For 2011, total group revenue increased by 4% to AED 1,819 million while gross profits increased by 18% to close at AED 356 million.

ADNEC Unveils ICC Abu Dhabi
The ICC at Abu Dhabi National Exhibition Centre (ADNEC), which rebrands its Abu Dhabi Hall, is expected to boost the UAE capital’s positioning as a destination for large-scale international conventions and association events.

NBAD Upgrades Premium Banking Service
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has upgraded its premium banking service, NBAD Elite.

Abu Dhabi Airports Company Announces Ground Breaking of Premier Inn Hotel at Abu Dhabi International Airport
Abu Dhabi Airports Company (ADAC), and Premier Inn, the UK’s most popular hotel brand and the pioneering value for money hotel operator, mutually announced today the groundbreaking of a Premier Inn Hotel at Abu Dhabi International Airport.

NBAD Organises Four Blood Donation Drives
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, organises its eighth annual blood donation drive in Abu Dhabi, Al Ain, Dubai, and Sharjah.

Over 10,000 Registered Delegates From Across The Globe To Descend On Abu Dhabi For WOC 2012
The 33rd annual World Ophthalmology Congress 2012 (WOC 2012), the largest congress ever to convene in the UAE capital, gets underway on Thursday 16 February, and delegate numbers are already looking very positive, said Dr. Abdulaziz AlRajhi, President of WOC 2012.

Etihad Airways To Increase Surcharges To Take Account Of EU Carbon Scheme
Etihad Airways will increase the fuel surcharge on its European flights to offset the costs being imposed on the airline by the European Union (EU) Emissions Trading Scheme (ETS).

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