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ABU DHABI NEWS

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TAQA Completes USD 1.4 Billion Project Financing Arrangementsfor Jorf Lasfar Power Complex Expansion (JLEC 5&6)
BNP Paribas, Societe Generale and Standard Chartered Bank are the mandated lead arrangers for the international debt facilities, while Morocco’s Banque Centrale Populaire (BCP) is the mandated lead arranger for the Moroccan Dirham credit facilities, representing approximately 40% of the total debt.

Wadi Wurayah National Park Set To Undergo Baseline Vegetation Study To Help Conserve Area’s Natural Biodiversity
Wadi Wurayah National Park in the emirate of Fujairah, the UAE’s first mountain protected area, is set to undergo a baseline vegetation survey to help further preserve the area’s natural biodiversity.

NBAD Bahrain Offers Advantageous Loans To Government Employees
The National Bank of Abu Dhabi - Bahrain (NBAD-Bahrain) now offers specially advantageous and low-cost loans to government employees.

Hard Rock International And Aabar Properties Announce Development Of Hard Rock Hotel Abu Dhabi
Hard Rock International today announced an agreement with Aabar Properties, a subsidiary of aabar Investments PJS for the development and management of Hard Rock Hotel Abu Dhabi, a five star international hotel located in the United Arab Emirates’ capital city of Abu Dhabi.

Key Industry Players Rush To Sign Up Early To Maximise Return On Investment At GIBTM 2013
Record satisfaction levels among exhibitors have led to an increase in early bookings for next year’s Gulf Incentives, Meetings and Business Travel Exhibition (GIBTM), which will be held at the Abu Dhabi National Exhibition Centre (ADNEC) from 25 to 27 March 2013.

Anantara Announces the Opening of the Eastern Mangroves Hotel & Spa, Marking a New Chapter for Anantara in Abu Dhabi
Eastern Mangroves Hotel & Spa by Anantara in Abu Dhabi, the United Arab Emirates, opened today in the presence of representatives from the media.

S&P Affirms NBAD Strong Ratings
S&P also rated NBAD’s Outlook "stable" and added: "The stable outlook reflects our expectation that NBAD will remain a dominant player in the UAE, with no significant change in its ownership or business and financial profiles over the next two years."

Zayed Future Energy Prize To Address Integration Between Energy Efficiency And Renewable Energy At Panel
The Zayed Future Energy Prize, managed by Masdar and established by the leadership of Abu Dhabi in 2008, honors the legacy of sustainability instilled by the late Founding Father of the UAE, Sheikh Zayed bin Sultan Al Nahyan.

Abu Dhabi Systems & Information Centre Organizes Workshop For Government Entities On Activation Of Abu Dhabi Executive Council Circular No. 4 Of 2012 Making ID Cards Compulsory For Individual Transactions At Government Agencies
A detailed presentation on the provisions of the circular and its relevance to the strategic vision of the Government of Abu Dhabi in terms of delivering modern and unique services for all segments of UAE society was presented in detail by ADSIC.

Toys "R" Us Opens Abu Dhabi’s Biggest Toy Store In Dalma Mall
Toys "R" Us, the world’s favourite toy and baby products retailer, today announced the opening of its second store in Abu Dhabi at Dalma Mall.

Masdar Institute’s Collaborative Role In Developing Global Solar And Wind Atlas Highlighted At Rio+20 Summit In Brazil
Dr Ouardawas offering a presentation titled ’Adapted wind resource modeling in the GCC region’ at theRio+20 Summit of the United Nations Conference on Sustainable Development, to be held from 20-22 June in Rio de Janeiro.

Manchester City FC To Teach Children The Skills Of The Superstars This Summer In Abu Dhabi
Manchester City FC coaches will this summer teach young players - 6 to 14 years olds - the skills and techniques used by the team’s superstar players.

British Airways Offers UAE Travellers Special Ramadan Fares
This Ramadan, British Airways is offering UAE travellers discounted fares to seven exciting destinations across Europe (including London), USA and Canada.

SEHA’s New Sheikh Khalifa Medical City Wins Best Sustainable Hospital Project Award At Hospital Build 2012
Abu Dhabi Health Services Company (SEHA) won the Best Sustainable Hospital Project Award at the Hospital Build & Infrastructure Middle East Exhibition & Congress for its Sheikh Khalifa Medical City (SKMC) development.

Korea’s leading travel magazine describes Sheikh Zayed Grand Mosque as pride of UAE
Korea’s leading trendy travel magazine featured tourism attractions of Abu Dhabi and Dubai in its latest hard copy edition as well as online edition on the recent visit of its editorial staff to UAE at the invitation of National Media Council.

ADIB Launches its e-Wealth Management Solutions Centre
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced today the launch of "ADIB Wealth Management Solutions Centre" on its website.

YFEL Reflects UAE’s Commitment to Sustainable Future, Says Masdar Institute Student at Rio+20 Summit in Brazil
The Young Future Energy Leaders (YFEL) program, an outreach initiative of Masdar Institute of Science and Technology in Abu Dhabi, reflects the UAE’s commitment to ensuring a sustainable future, according to Maitha Mohammed Al Kaabi, a Master’s Graduate in Water and Environmental Engineering.

ALHOSN University Student’s Modern Eco-Friendly Mosque Approved By General Authority Of Islamic Affairs &Endowments
A contemporary eco-friendly mosque designed by Suhail Mohammed Suleiman, a graduating architecture student from ALHOSN University, has been approved for construction by the General Authority of Islamic Affairs and Endowments in Abu Dhabi.

Etihad Airways Experiences Record Flight Bookings
Etihad Airways achieved a new milestone on Monday 11 June when more than 65,500 flight bookings were made with the Abu Dhabi-based airline. The figure was the highest number of bookings ever made in a single day with Etihad Airways and exceeded the previous record, on Monday 9 January, by 13%.

Bawadi Mall Fashion Show Dazzles With Top International Brands
Bawadi Mall, the largest mall in Al Ain city, organized a fashion show in which selected global brands showcased their latest collections at the main atrium of the mall.

NBAD Opens Representative Office In China
The National Bank of Abu Dhabi (NBAD), has opened its Shanghai Representative Office, in the People’s Republic of China.

ADIPEC Conference Programme To Attract World Leaders In Oil And Gas Industry
Attracting a wide range of industry professionals, government officials, oil and gas producers, contractors, investors and technical specialists, the conference comprises of carefully-selected presentations and papers, panel discussions and plenary sessions.

Dubai Ranks Eighth In The World In Terms Of Inbound International Visitors In 2012: MasterCard Index
The number of people travelling abroad continues to increase around the world despite a challenging economic environment, according to the second annual Global Destination Cities Index released by MasterCard Worldwide.

Searching For New Local Talent!
Auditions have commenced for the new season of The Dream Players, a local talent competition allowing the UAE community to realise their performing dreams.

NBAD Launches Smart Investment Plan
NBAD’s Smart Investment Plan (SIP) allows investors to select from among the many investment funds the Bank offers. Investors can make regular contributions from as low as US$250 per fund with a minimum of US$500 per month.

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