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ABU DHABI NEWS

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NBAD Sukuk Income Fund Delivers 2.22pc Dividend Semi-Annualised
The National Bank of Abu Dhabi, NBAD, Sukuk Income Fund has earned a total income of USD673,894.69, equivalent to 2.22 percent of the Net Asset Value, NAV, as of the 28th May, including the intended dividend payment of US$0.11 per unit.

Etihad Airways Wins Three Major Treasury Awards
Etihad Airways’ Treasury department has won three major awards in June; two in the United Arab Emirates at the Association of Corporate Treasurers Middle East, ACT ME, annual awards.

TCA Abu Dhabi To Host Media Iftars Across The Arabian Gulf Summer Season Ramadan Message Focus Of Six City Tour
Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is organising media Iftars in six cities across the Arabian Gulf during the Holy Month of Ramadan to raise the profile of the recently launched Abu Dhabi Summer Season 2015.

Mawaqif Timings And Working Hours Of Customer Care Centers During Ramadan
The Department of Transport, DoT, in Abu Dhabi has announced Mawaqif timings as well as the working hours of its Customer Care Centres during the Holy Month of Ramadan.

Aldar Academies Holds We’ve Got Talent Charity Event; AED98,390 Raises Nepalese Orphans
Aldar Academies, one of the UAE’s largest providers of world-class private education, held its first We’ve Got Talent show, a charity event that took place at the Emirates Palace Theatre.

Guest Arrivals Into Abu Dhabi Show Impressive 20% Year-On-Year Increase
The number of guest arrivals into Abu Dhabi during the first four months of the year has increased by 20% when compared to the previous year with more than one million people staying in the emirate’s.

The Industrial Development Bureau Of Abu Dhabi And Abu Dhabi Ports Sign A Memorandum Of Understanding For Attracting Industrial Investments
The Industrial Development Bureau of the Department of Economic Development (IDB) has signed a Memorandum of Understanding (MoU) with Abu Dhabi Ports to establish a joint-programme that will help attract investment and further develop and enhance the fast-evolving industrial sector of Abu Dhabi.

Emirates Foundation Rolls Out Nationwide Campaign To Help Needy During Ramadan
Emirates Foundation, an independent philanthropic organisation set up by the Abu Dhabi government to facilitate public-private funded initiatives to improve the welfare of people across the UAE.

Strata Contracted By Saab Aerostructures To Deliver Airbus A350-1000 Flap Support Fairings
Strata Manufacturing PJSC, Strata, the composite aerostructures manufacturing facility wholly-owned by Mubadala Development Company, has announced it has been awarded a contract to manufacture Airbus A350-1000 Flap.

NBAD Launches US$750M Additional Tier 1 Perpetual Bond
The National Bank of Abu Dhabi, NBAD, has successfully launched its inaugural US$750m Additional Tier 1 Perpetual Bond, and achieved multiple records in the process.

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