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ABU DHABI NEWS

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Ministry of Economy Reports AED 125 Billion in Private Equity Capital
The Ministry of Economy has released figures showing that 131 private equity firms were operating in the UAE at year-end 2009, with capital of AED 126 billion, (AED 116 billion as paid-up capital).

Abu Dhabi Airport Records A 7.3% Increase In Passenger Numbers In 2009
Cargo traffic also demonstrated a robust increase of 7.0%, while total flights amounted to 102,118, up 9.6% on last year.

As Part Of An Ambitious Plan And A Development Strategy Until 2012 - ESNAAD Acquires 3 Ships
One of Abu Dhabi National Oil Company’s (ADNOC) subsidiaries, announced that it had received 3 ships to join its 43-ship fleet including 8 chartered ships.

Abu Dhabi Achieves 2% Growth In 2009 Hotel Guests
Abu Dhabi achieved a 2% rise in hotel guest numbers last year bucking international trends in a globally depressed tourism market.

Bangkok Airways Joins Etihad Guest Programme As Airline Partner
Etihad Guest members can now earn miles when flying with Bangkok Airways to any of its destinations. The number of miles will vary based on the class of booking.

Al Ain Mineral Water Takes Make-A-Wish Foundation Children To The Aerobatic Show
The UAE chapter of the global foundation is dedicated to assisting children diagnosed with a life threatening conditions and their families by providing an avenue for hope, strength, and much joy.

Al-Ain Airshow 2010 Dazzles Spectators
The 56-year-old Jacquie Warda from San Francisco has been one of the star performers in this week’s Al Ain Aerobatic Show which began on Wednesday at Al Ain International Airport.

Abu Dhabi Media Summit Announces Additional Co-Chairs And Programme Details
H.E. Mohamad Khalaf Al-Mazrouei, and Edward Borgerding, Chairman and CEO respectively of Abu Dhabi Media Company, announced today the programme for the Abu Dhabi Media Summit.

ADNEC To Highlight Career Prospects For Nationals At Tawdheef
As well as being the host venue for Tawdheef, ADNEC is a sponsor and a major exhibitor at the event which is presented by the Abu Dhabi Tawteen Council. ADNEC’s 120 sqm stand (B606) at Tawdheef is located in Hall 6.

Abu Dhabi to attract Dh45b new capital investments
Existing and new companies to be set up in the next five years in Abu Dhabi are projected to make capital investments of over Dh45 billion. The source quoted an independent economist as predicting that the emirate will remain the favourite place for investors as it is pursuing a strong reform-agenda

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