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ABU DHABI NEWS

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Abu Dhabi Islamic Bank Posts Record Quarterly Profit Of AED 319.1 Million
Abu Dhabi Islamic Bank (ADIB) posted its highest ever quarterly net profit of AED 319.1 million for Q3 2011 and a net profit of AED 938.9 million for the first 9 months 2011, an increase of 3.2% over the same period in 2010.

Viceroy Hotel Group Announces the Rebranding of the Yas Hotel in Abu Dhabi
Today, Viceroy Hotels and Resorts is thrilled to announce the rebranding of the iconic Yas Hotel in Abu Dhabi as Yas Viceroy, becoming an integral member of the Viceroy Hotels and Resorts portfolio of luxury offerings.

17th Annual Energy Conference Will Be Held In Abu Dhabi Next Month
Dr. Jamal Sanad Al Suweidi, Director General of ECSSR, said this in a speech which was delivered on his behalf by Mohammed Abdullah Al Ali, Director of Media Department, Chairman of Media Committee at the ECSSR during a press conference here today.

Abu Dhabi Gets Fit
Get Fit promises to be a day of fun for adults and kids alike. Training, coaching, seminars and demonstrations by top Abu Dhabi sporting federations, associations and clubs will be offered to the public free of charge.

Doha Bank Granted A License For The Opening Of A New Branch In Abu Dhabi
H.E. the MD stated that this approval for the license would enable Doha Bank to exercise its leading role and facilitate the movement of trade between UAE and Qatar through its presence in the Emirates of Dubai and Abu Dhabi.

First Gulf Bank Q3 Net Profit rises 8% to AED 920 million AED 2.7 Billion for first 9 months
First Gulf Bank PJSC, (FGB), the leading financial partner of choice in the UAE, today posted a net profit of AED 920 million for the third quarter (Q3) of 2011.

219,000 Households Visited By SCAD’s Enumerators In 16 Days: SCAD
Some 1,321 inquiries about the census have been received so far through the Call Centre, attesting to the great interest Abu Dhabi residents take in the census project.

World Future Energy Summit 2012 To Focus On Role Of Innovation
Over 26,000 attendees, including 3,000 delegates, 650 exhibiting companies, and 20 national pavilions, are expected to participate at WFES 2012.

International Experts to Discuss Investment Opportunities and Education Strategies at Building Future Education MENA 2011
A report published by the International Finance Corporation titled Education for employment: Realizing Arab youth potential quantifies the economic loss of youth unemployment at $40- $50 billion annually across the Arab region, equivalent to the GDP of countries such as Tunisia or Lebanon.

Over 60 Thousand Dirhams Raised For Breast Cancer Research At Pink Lady Golf Day
Michelle Larter would also like to express her gratitude to the valued support she received from Tony Martin and Mike Larter in obtaining sponsorship and helping to organize the event.

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