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ABU DHABI NEWS

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Gulf Capital Secures AED500 Million Revolver Acquisition Facility From ADCB
Gulf Capital and Abu Dhabi Commercial Bank (ADCB) have signed a ground-breaking five-year revolving facility of AED 500 million to help finance Gulf Capital’s growing pipeline of investments across its various business units, Gulf Capital said in a press release.

Masdar City Chooses SoFi To Monitor Carbon In Buildings
Masdar City has selected PE INTERNATIONAL’s SoFi system to monitor carbon embodied in buildings for its ambitious project to construct one of the world’s most sustainable cities, the two companies announced today.

ENEC Board Visits UAE Reference Plants in Republic of Korea
The Emirates Nuclear Energy Corporation’s (ENEC) Board of Directors visited the Republic of Korea this week to receive an update on the construction of two nuclear reactors, Shin Kori 3 and 4, which are the reference plants for the UAE’s first nuclear energy plant.

SEHA Wins European Award For Best Practices 2011 In The Gold Category
The award selection process was based not on self-nomination but rather a recommendation process lead a group of specialists and managers appointed by the European Awards Committee, who consulted with embassies and public sector bodies to nominate suitable candidates

NBAD Inaugurates A Branch In Dubai Motor City
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, inaugurated TODAY a new branch in one of Dubai’s major residential areas.

Stay Connected While Roaming Anywhere In The GCC For As Little As 90 Fils A Minute From du
The best roaming deal in the GCC is still the best for du mobile customers. That’s because du customers have the choice of opting for either Passport or One World One Rate (GCC) offer.

ADIB Finances JBF RAK LLC’s Expansion With AED 275 Million
The financing will be used to expand JBF RAK production in Ras Al Khaimah including the purchase of new machinery and equipment and to optimize its debt profile by introducing Islamic term funding.

Etihad Airways Opens First European Guest Contact Centre In Manchester
Etihad Airways, the national airline of the United Arab Emirates, yesterday opened its Manchester guest contact centre with a reception for government officials and local business leaders.

ALHOSN University Mobilizes Students & Staff For 3rd Emirates & Gulf Volunteer Conference
The ALHOSN delegates participated in the conference sessions which ran from 10 a.m. to 4 p.m. and covered diverse topics under the theme of ’Social Cohesion and Volunteering: National Responsibility’.

MoF Organises Internal Awareness Campaign On Environmental Hazards Of Plastic Bags
The main aim of the campaign was to shed light on the negative effects of using insoluble, traditional plastic bags, and to limit their usage by promoting environmentally friendly alternatives.

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