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ABU DHABI NEWS

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Abu Dhabi National Oil Company unveils new measures
Abu Dhabi National Oil Company (ADNOC) unveiled it is about to take new measures to curb congestion at its fuel stations nationwide amid increasing demand for diesel triggered by the economic boom in all sectors

Department of Planning and Economy in A bu Dhabi issues Commodity Index for months of May, June
In a bid to maintain consumer awareness at the highest possible level, the Department of Planning and Economy (DPE) in Abu Dhabi has launched a commodity index to monitor price trends of essential commodities

Noor Islamic Bank Signs Mou With Abu Dhabi’s ALDAR Properties And Sorouh Real Estate
Noor Islamic Bank PJSC (NIB) today announced that it has entered into a financing agreement with ALDAR Properties and Sorouh Real Estate, two of Abu Dhabi’s largest developers, to provide up to a maximum of 90 per cent financing for their residential developments.

First Gulf Bank Reports Another Record Quarter
Net interest and Islamic financing for the quarter at AED 622 million is 112% higher than the same quarter last year and 47% higher than the previous quarter.

Sorouh Real Estate Selects Hill International As Project Manager For Six Towers At Shams Abu Dhabi
Hill International, the global leader in managing construction risk, announced today that it has been awarded a contract by Sorouh Real Estate PJSC, one of Abu Dhabi’s leading real estate companies, to provide project management services for Gateway Towers 3 to 8 at the Shams Abu Dhabi development.

Masdar Extends Invitation For Future Energy Collaboration At Buckingham Palace
Dr. Sultan Al Jaber,CEO of Abu Dhabi’s Masdar Initiative,today encouraged greater collaboration between the United Kingdom and Masdar to develop an affordable and sustainable energy future for the world.

More Than 30,000 Visit Summer In Abu Dhabi In The Show’s First Ten Days
Abu Dhabi National Exhibitions Company (ADNEC) and Abu Dhabi Tourism Authority (ADTA) have revealed that more than 30,000 people have visited Summer in Abu Dhabi during the first 10 days of the show’s eight-week run at the Abu Dhabi National Exhibition Centre.

ALDAR HQ to be the First Occupied Building on Al Raha Beach
ALDAR Properties, the leading integrated property development company said today construction of its headquarters building was "on track for timely completion".

Abu Dhabi Development Launch Receives Overwhelming Response
Bloom Gardens, the first real-estate development project from the newly-rebranded Bloom Properties, opened for sale this week to an overwhelming reception.

First Gulf Bank’s Makkah Credit Card Presents the Opportunity of a Lifetime
This opportunity is open to customers who apply for a Makkah Credit Card from now until August 20th.

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