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ABU DHABI NEWS

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New taxi service launched in Abu Dhabi suburbs
As part of their efforts for the revitalization of Shahama and Bahia, the Abu Dhabi Urban Planning Council (UPC) and the Emirates Foundation announced the launch of local taxi services

National Bank of Abu Dhabi Q2 profits soar 72% to exceed Dh1 billion for the first time
The Board of Directors of NBAD discussed today the first half results, and reported net profits of Dh1,876 billion for the first half of 2008, 58% above the 1st half of 2007

Etihad Launches Belarus Holiday Promotion
Etihad Holidays, a division of Etihad Airways, has unveiled a number of exciting packages to Minsk, as the Abu Dhabi-based airline gears-up for the launch of its service to the Belarus capital on 5 August 2008.

Study on ’Woman’s Work in the Private Sector’ released by ’The Centre of Information Affairs in Abu Dhabi’
The Centre of Information Affairs in Abu Dhabi has issued a study entitled, "Woman’s Work in the Private Sector", which tackles in detail the concept of woman’s work in the private sector

Sorouh Real Estate Announces Support For Inaugural Summer In Abu Dhabi
Sorouh Real Estate P.J.S.C., one of the UAE’s leading property companies, today announced its sponsorship of ’Secret Story Book Garden’, an interactive storytelling zone and a popular attraction at the ongoing Summer in Abu Dhabi family festival.

Sorouh Exceeds Analyst Expectations By Reporting 75 Per Cent Growth In Net Profit To AED 977 million In First Half Of 2008
Sorouh Real Estate PJSC, the leading Abu Dhabi-based real estate developer, today announced a 75 per cent growth in net profit to AED 977 million for the first half of 2008 (first half of 2007: AED 556 million).

Sorouh Exceeds Analyst Expectations By Reporting 75 Per Cent Growth In Net Profit To AED 977 Million In First Half Of 200
Revenue from land sales, as well as rental income, grew by 57 per cent to AED 1,693 million (H1 2007: AED 1,081 million).

Etihad To Launch Flights To Kazakhstan In December
Etihad Airways will launch flights on 2 December to Almaty in Kazakhstan from its Abu Dhabi home base.

New Asset Management Executive Director for Sorouh Real Estate
Sutton Turner joins the company as Executive Director, responsible for Asset and Property Management Services for Sorouh’s AED 45 billion in properties under development.

Masdar Signs Carbon Emission Reduction Project With Bahrain’s Gulf Petrochemical Industries
Masdar and Gulf Petrochemical Industries Company (GPIC) today signed an agreement to monetize the emission reduction associated with carbon dioxide capture and recycling at GPIC’s fertilizer facility in Bahrain, under the Kyoto Protocol’s Clean Development Mechanism (CDM).

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