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ABU DHABI NEWS

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Attention, Shoppers: New Department Store In Abu Dhabi
Chalhoub Group — the people behind Level Shoe District in Dubai Mall — are opening Tryano at Yas Mall in Abu Dhabi, a three-storey, 20,000 sq metre "shopping paradise".

DNATA Partners With TCA Abu Dhabi To Organise Roadshows Across India
DNATA in partnership with Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) has launched a roadshow across the country targeting industry professionals, to highlight Abu Dhabi Summer Season.

Abu Dhabi Islamic Bank Rights Offer Today
Abu Dhabi Islamic Bank’s (ADIB) 504 million dirham ($137.2 million) rights offer will begin on Aug. 23, after shareholders approved the capital-raising plan, it said on Thursday.

Etisalat Boosts Abu Dhabi As Saudi Stabilises
A leap by the shares of United Arab Emirates telecommunications operator Etisalat boosted Abu Dhabi’s stock market sharply on Tuesday, while Saudi Arabia stabilised after six straight trading days of declines.

Abu Dhabi Ocean Racing Win Volvo Race
Abu Dhabi Ocean Racing (Azzam), skippered by Briton Ian Walker, won the 12th edition of the Volvo Ocean Race on Monday.

ADCB Reports AED2.53 BLN In Net Profit For H1’15
Abu Dhabi Commercial Bank on Tuesday posted a 21 percent rise in second-quarter net profit. The bank made a net profit attributable to shareholders of AED1.28 billion.

Fuel Prices To Be Deregulated With Effect From 1 August 2015
The Ministry of Energy has announced that fuel prices would be deregulated as of 1 August, 2015. A new pricing policy linked to global prices will be adopted.

Big Boys Toys Set To Launch $250,000 Motorbike At It’s 6th Edition
The Middle East’s Ultimate Playground is gearing up to triple in size for its upcoming show from 18th to 21st November.

Aldar Properties PJSC Early Adoption Of IFRS 15 Revenue Recognition Standard
Abu Dhabi’s leading listed property development, investment and management company, announced today changes to its accounting policies that will apply to its 2015 Financial Statements.

Dhabijet Obtains RA3 Certification For Cargo Operations
Abu Dhabi Airports today announced that its ground handling service provider DhabiJet has been awarded RA3 certification for cargo operations at Al Ain International Airport.

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