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ABU DHABI NEWS

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Emirates Palace awarded prestigious place on Conde Nast Gold List 2008
The Emirates Palace’s star has shone bright once again at the world travel, tourism and hospitality sky by being voted to the 2008 Conde Nast Traveller’s Gold List, the ultimate guide to the world’s hotels that conform to the prestigious Publication’s Gold standard

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

ALDAR Announces New Plans For Noor Al Ain Development Plan Entails Revision Of ALDAR’s Noor Al Ain Development
Integral to this development are spa, and multi-screen cinema facilities that promise to transform the shopping centre into a full-fledged entertainment experience.

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.

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.

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.

First Gulf Bank reports solid financial quarter with 68% increase
77% of FGB Group Net Profit for the first nine months of 2008 was generated by the main banking businesses - Corporate, Retail, Treasury & Investments -, while the remaining 23% was contributed by FGB’s two subsidiaries and three associate companies.

Sorouh Partners With Leading Abu Dhabi Dhabi Banks For Mortgages On Properties In The Gate Towers
Aseel Finance, ADCB and RAKBANK are some of the leading finance institutions in the UAE, and their mortgage products for The Gate Towers will ensure that customers can finance their properties quickly, easily and with full confidence.

United Arab Emirates Minister of Foreign Trade H.E. Sheikha Lubna Al Qasimi receives French Minister of State Anne Marie Idrac
We are overwhelmed by the warm reception extended by H.E. Sheikha Lubna and the genuine interest expressed by UAE investors in France’s own business prospects, especially in the real estate field.

The International Exhibition For IT, Consumer Electronics And Home Technology
This three day event will enable you, first hand, to place your products and services in front of consumers and trade from all over the UAE and the wider region.

Schools Programme Launches To Improve Understanding Of United Arab Emirates Natural Environment
Designed to captivate and engage with children, the Interactive Enviro-Spellathon, has been receiving rave reviews from those schools that previewed the resource.

First International Cadet Pilots Join Etihad Programme
To complete the Etihad pilot programme a cadet has to complete 930 hours of classroom tuition and 205 hours flight training in single and multi-engine aircraft.

Abu Dhabi Airports Company (ADAC) ’Golden Class’ And Hospitality Services Previewed At The Business Travel Show Dubai 2008
As well as speeding through the airport, travellers will be able to make use of the fully-equipped business centre with its professional secretarial assistance.

Sorouh Partners With Leading Abu Dhabi Banks For Mortgages On Properties In The Gate Towers
Part of The Gate Towers, Commercial Towers will offer businesses the opportunity to share this landmark location, complete with the latest technology and executive accommodation.

Finmeccanica And Mubadala Create Industrial Partnership
Alenia Aeronautica will also provide support to develop the manufacturing processes that are needed for international industrial certifications.

ADNEC To Showcase Gulf’s Largest Exhibition Centre At Asian Edition Of Key Travel Show
ADNEC will join the Abu Dhabi Tourism Authority (ADTA) and other key organisations from the emirate to promote Abu Dhabi as a premier regional and international business travel destination.

First Phase Of Traffic Diversion In Salam Street Announced
He also urged people to take the side of caution by driving responsibly and appealed for their full cooperation in order to avoid accidents, traffic jams and delays.

Abu Dhabi International Petroleum Exhibition And Conference (ADIPEC) 2008 Is Set To Be The Biggest Ever
The number of exhibitors has grown to 1,500, who will be showcasing the latest technologies, with some 40,000 visitors expected to attend the event.

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