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ABU DHABI NEWS

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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 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.

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".

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.

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.

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.

Abu Dhabi Employee Wins DH100,000 Salary Compensation
A labour court in Abu Dhabi sided with a worker at a local company and ordered his employer to pay him Dh100,000 compensation as a one-year salary.

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.

QCC Launches Awareness Drive On Certification Schemes That Improve Indoor Air Quality
Abu Dhabi Quality and Conformity Council (QCC) has launched an awareness drive to promote its voluntary certification schemes for products and services that impact the indoor air quality of buildings in Abu Dhabi.

Mohammed Assaf’s EID Gig In Abu Dhabi Provides Rare Glimpse Of The Star
A more distinctive affair than last autumn’s outing in front of 20,000 people as part of the Abu Dhabi Grand Prix after-concert, the small hall provided a rare chance to glimpse the 25-year-old in more intimate surroundings.

Abu Dhabi Schools Show Steady Improvement
Private schools in the Capital are on the right track, says a report on the quality of schools made public on Monday by the Abu Dhabi Education Council (Adec).

Exclusive Villa Offer At Anantara Desert Islands Resort & Spa On Sir Bani Yas Island
Anantara Desert Islands Resort & Spa on Sir Bani Yas Island has announced an exclusive special offer on their One Bedroom Anantara Pool Villas at AED 1,999* per villa per night, representing 59% off normal prices.

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.

Novotel & Adagio Abu Dhabi Al Bustan
Novotel and Adagio Abu Dhabi Al Bustan is switching things up in August with a line-up of exciting dining options and activities.The hotel offers local residents, regional travellers, business people and tourists a choice of six impressive F&B outlets.

The 13th Annual Power-Gen Middle East Returns To Abu Dhabi
Under the patronage of H.E. Suhail Mohamed Al Mazrouei, Minister of Energy of the United Arab Emirates, the annual POWER-GEN Middle East Conference and Exhibition.

Shaun The Sheep Visits World’s Fastest Rollercoaster At Ferrari World Abu Dhabi Ahead Of His Summer Season Shows
Ahead of live shows in Abu Dhabi and Al Ain later this month, the much loved children’s character Shaun the Sheep, left his green pastures of home for an adrenaline rush at Ferrari World Abu Dhabi on Yas Island.

Abu Dhabi Farmers Gear Up For Next Agricultural Season
The summer heat may be at its peak, but farmers across Abu Dhabi are busy with their preparations for the upcoming agricultural season.

Green Flag Raised At Three Abu Dhabi Parks
The parks in Delma, Khalifa City and Al Rahba were given the Green Flag Award for the sustainable practices used in their management, reported Al Ittihad, the sister newspaper of The National.

Eltizam Asset Management Group Receives ISQEM Safety Award
Eltizam Asset Management Group, has won the ISQEM Safety Award from the International Safety Quality Environment Management Association, becoming one of the first UAE-based asset management companies to win the prestigious honour.

Abu Dhabi Department Of Transport Manages Critical Business Requirements With Schneider Electric IT Solutions
Schneider Electric, a global leader in energy management, has successfully enhanced Department of Transport’s (DoT) business model by implementing holistic and sustainable IT solutions.

New Abu Dhabi Hotel The Jannah Burj Al Sarab Celebrates Eid With A pay What You Think It’s Worth’ Offer On Rooms
Jannah Burj Al Sarab, the brand new hotel in the Mina area of Abu Dhabi, are offering guests the chance to sample and judge their authentic Bedouin hospitality.

Abu Dhabi Summer Season To Resume During Eid Al Fitr
Abu Dhabi - After a break during Ramadan, the Abu Dhabi Summer Season will resume its shows and entertainment activities this Eid al Fitr with two live concerts in Abu Dhabi And Al Ain.

Yas Mall Marks Ramadan With Host Of Charitable Activities
In line with the spirit of giving in Ramadan, Yas Mall partnered with some of the capital’s leading cultural and charitable organizations to host a wide variety of charitable and cultural activities.

Aldar Generates AED1.9 Billion In Sales Across New Developments In H1 2015
Aldar Properties has announced strong sales performance for the first half of the year with AED1.9 billion committed in sales for land plots on Nareel Island, Al Merief and unit sales of Meera at Shams Abu Dhabi.

Arcapita Acquires Saadiyat Residential Complex
The residential complex is composed of three low-rise buildings within a gated community and is under a three-year master lease to the Tourism Development & Investment Company.

Crop Production For Abu Dhabi Farmers’ Centre To Start At Month-End
Harvesting is due to begin in November, with a total of 40 products to be grown during the season. Four additional crops will also be added compared with the previous season.

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