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ABU DHABI NEWS

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FGB Reports First Quarter 2016 Net Profit Of AED 1.33 Billion
FGB, one of the leading banks in the UAE, reported first quarter 2016 Group net profit of AED 1.33 Billion compared to AED 1.42 Billion in the first quarter of 2015. Earnings per share amounted to AED 0.29, compared to AED 0.31 for the same period last year.

Aldar Residential Development Projects On Track
Aldar Properties PJSC ’(Aldar’), Abu Dhabi’s leading listed property development, investment and management company, provided a progress update today on its residential development projects, currently under construction.

Abu Dhabi Ports And Wintershall Middle East GMBH Ink Contract
The master developer, operator and manager of ports and Khalifa Industrial Zone (Kizad) in the Emirate, and Wintershall Middle East GmbH have signed a contract, which will see the latter setting up a facility at Mugharraq Port in the Western Region of Abu Dhabi.

All-New Ferrari World Abu Dhabi Showcased At Arabian Travel Market 2016
Ferrari World Abu Dhabi is showcasing 5 years of achievements at the Arabian Travel Market (ATM), taking place from 25 to 28 April at the Dubai World Trade Center.

Etihad Cargo Strengthens Middle East Network With Additional Freighter Services
Etihad Cargo, the freight division of the national carrier Etihad Airways, has expanded its Middle East network to Kuwait by adding an additional freighter and introduced a new twice weekly service into Muscat in Oman

ZOWD Launches Brzat Qeraa’a At Abu Dhabi International Airport
In efforts to promote reading in the UAE as part of the Emirati heritage, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development.

Mohammed Bin Zayed Inaugurates ADNOC’s Al Hosn Gas Project In Western Region
The Al Hosn Shah Sour Gas Development Project is the first ultra sour gas project to produce and safely process more than one billion cubic feet per day of ultra sour gas from a single gas plant.

Abu Dhabi To Host 2016 Seatrade Middle East Cruise Forum
Abu Dhabi is set to host the world’s leading cruise line executives when they meet in the emirate for the return of the annual Seatrade Middle East Cruise Forum this December.

Al Maryah Island To Showcase Abu Dhabi’s First Four Seasons Hotel At Arabian Travel Market 2016
The opening of Four Seasons Hotel Abu Dhabi in May 2016 will be center stage for Al Maryah Island at this year’s Arabian Travel Market. The imminent arrival of the first Four Seasons Hotel in the capital will further expand the world-class hospitality offering on Al Maryah Island.

TCA Abu Dhabi Hosts Italian Quartet To Perform For Opening Of Abu Dhabi International Book Fair
The Italian string quartet, Quartetto di Venezia, is holding a concert in Abu Dhabi to celebrate the opening of the Abu Dhabi International Book Fair.

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