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Abu Dhabi Commercial Bank signs agreement to acquire Royal Bank of Scotland’s retail banking business
Abu Dhabi Commercial Bank, today announced that it has signed an agreement to acquire the retail banking business of The Royal Bank of Scotland (RBS) in the United Arab Emirates (UAE). The acquisition is subject to UAE Central Bank approval.

UAE to Participate in St. Petersburg International Economic Forum in Russia
Obaid Humaid Al Tayer, Minister of State for Financial Affairs, will lead the UAE delegation to the 14th St. Petersburg International Economic Forum to be held between 17th and 19th June 2010.

ATFP financed 110 trade deals against $ 160 mn
The Arab Trade Financing Program (ATFP) has approved 110 requests for financing diverse trade deals worth $ 160 million in the first quarter of 2010.

Aldar awards major infrastructure contracts for Al Falah development
Aldar Properties announced the award of three contracts to deliver key infrastructure at Al Falah, one of the new UAE National Housing Communities which form part of the government housing initiative as set out in Plan Abu Dhabi 2030.

’Impressive 1-2-3 For Abu Dhabi’s Triathlon Heroes’
Abu Dhabi Triathlon Team’s Faris Al Sultan, Andi Böcherer and Swen Sundberg notched up a hat-trick of podium finishes this weekend as the crack endurance squad took part in three different events across Europe.

Al Ain Wildlife Park & Resort Aims To Increase Genetic Diversity Of World’s Captive Sand Cat Population
Over the past nine months AWPR, in partnership with University of Illinois and the Cincinnati Zoo and Botanical Garden, has reported several successes with Project Sand Cat.

Free Day Out At The New Look Fun City Jimi Mall
Fun City, the region’s leading family entertainment centre, is celebrating it’s reopening at Jimi Mall, Al Ain, with a day of FREE fun for all on the outlets rides on Friday 18 June.

Edutech Implements ’Blackboard Learn Course Delivery’ At Abu Dhabi University
Edutech, a leading education and learning solutions company, announced the successful implementation of ’Blackboard Learn Course Delivery’ at the Abu Dhabi University (ADU).

Louvre Abu Dhabi Lends Head Of Buddha To The Centre Pompidou-Metz In France
Louvre Abu Dhabi, the world cultural institute being developed on the Saadiyat Island, has made the first major loan from its developing collection.

IDEX Boosts Naval Component With Launch Of NAVDEX
Spending on naval defence in the GCC (Gulf Cooperation Council) countries is expected to reach US$17.5 billion by 2020 registering a compounded annual growth rate of about 1.2 percent, according to leading defence industry advisory, Jane’s.

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