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ABU DHABI NEWS

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Abu Dhabi’s popular market shines bright at Dhafra Festival 2009
The Dhafra Festival is in its new session, witnessed several new competitions and events held for the first time, in addition to the camel beauty contest and auction, Nabati poetry competition on camels, photography contest, and popular market for handicraft

Central Bank offers swap facilities to banks in UAE
The UAE Central Bank has approved Dirham/US Dollar swap facilities for banks operating in the country as part of its efforts to "provide further services to the banking sector" to address the global credit crisis

ADNOC to cut oil production from Murban and Upper Zakum
The Abu Dhabi National Oil Company, ADNOC, will cut oil production from Upper Zakum and Murban with effect from January 2009, a statement issued by the company has said, attributing the move to a decision taken by the Organisation of Petroleum Exporting Countries (OPEC) to reduce production from Jan

du sponsors Shakira Concert in Abu Dhabi and Amr Diab and Amal Hijazi Concert in Dubai
du, the UAE’s integrated telecom service provider, is the official telecom partner of a music concert by popular singer Shakira in Abu Dhabi on 31 December 2008. du is also partnering Rotana as the main sponsor of a music concert by Amr Diab and Amal Hijazi on New Year’s eve in Dubai.

ENOC’s Environment Friendly Lubricants Receives Significant Interest At Abu Dhabi International Motor Show
ENOC was a platinum sponsor of the event held recently at the Abu Dhabi National Exhibitions Centre.

Superyacht Lauren 88m To Astonish Abu Dhabi Yacht Show 2009
Motor yacht Lauren is one of the world’s 100 largest yachts. It is a magnificent yacht which offers luxury amenities and a minimum of one crew member for each passenger on board.

Mubadala Reaches Financial Close On The Paris-Sorbonne University Abu Dhabi PPP Project
A syndicate of international and regional banks is providing the US$323 million debt package with a 20 year tenor to this PPP project.

ETIHAD Expands Rolls-Royce Trent Fleet With New A330 Order
The value of the engine business, including a TotalCare® long-term services contract, is $575 million at list prices.

Abu Dhabi International Motor Show Beats Expectations
- Primed to be an ideal launch pad for regional premiers; 19 new cars were launched during the show - - High visitor turnout of around 49,000 and 250% increase in ticket sales from the 2006 edition -

Imagenation Abu Dhabi Announces World
This was the first production granted permission to film the annual pilgrimage from within the Grand Mosque and from the air using the spectacular giant screen IMAX format.

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