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ABU DHABI NEWS

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UAE Finance ministry takes steps to disburse funds to banks
The Ministry of Finance shall commence disbursement of funds to banks. Banks have been notified of the requirements of payment and transfer

80% of Abu Dhabi Yacht Show 2009 Sold-Out Five Months before Opening Day
Informa Yacht Group (IYG), the leading global yachting events organizer also behind the Monaco Yacht Show announced today that 80% of Abu Dhabi Yacht Show’s (ADYS) 7,000 square meters of exhibition space has already sold out.

Go-Green.Ae Launches Green Heroes Program
Nominations for ‘Green Heroes’ are invited through our web site and the pioneering work of deserving environmentalists will be suitably recognised.

First Phase Of Traffic Diversion In Salam Street To Commence Tomorrow
The first stage of traffic diversion is part of Contract 2 of the Salam Project, which will commence tomorrow Friday October 23 and will continue for the next 18 months.

Etihad Unveils Latest Global Sports Sponsorship Deal
The 55,000 capacity stadium, opened in 2000, is a multi-purpose sports and entertainment stadium in the Docklands precinct of Melbourne, which caters for both sporting and entertainment events.

Successful Opening Day At Abu Dhabi’s International Jewellery & Watch Show (JWS))
JWS is being held at the Abu Dhabi National Exhibition Centre. The show timings are 4 – 10 pm and concludes on Sunday 26th October.

Aldar Is Taking Yas Island To Asia Leisure Destination Will Be Showcased At ITB Singapore
The Yas Island development covers an area of 2500 hectares and is set to become a cornerstone of Abu Dhabi’s fast growing tourism industry.

Sorouh Real Estate Beats All Expectations And Reports 125 Per Cent Growth In Net Profits Over First Nine Months
The net profit represents earnings per share of 73 files (31 files per share in September 2007) and was generated from operating activities, with no asset revaluations.

Etihad Expands Full Flight Simulator Fleet
Etihad currently has 720 pilots in its ranks. Its fleet of narrow and wide body aircraft is set to reach 42 by the end of 2008 which will operate to 50 destinations worldwide.

Abu Dhabi Airport YTD Traffic Up 33% To September 30
The leading hubs, along withAbu Dhabi, included New Delhi and Doha with Mumbai and Guangzhou, China - Baiyun in joint second.

Second Annual World Future Energy Summit In Abu Dhabi On Pace To Break Own Records
The Summit will bring together the largest gathering of people and companies with solutions to achieve world targets for the use of renewable energy in commercial and domestic applications.

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