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ABU DHABI NEWS

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Etihad Towers, Abu Dhabi On Schedule For Hand-Over This Year
A reflection of Abu Dhabi’s modern, sophisticated and luxurious ambitions, Etihad Towers is a spectacular five-tower development and a sparkling addition to the city’s skyline.

Ministry Of Finance Publishes Statistical Report On The Gulf Common Market - 2010
"The 2010 statistical report highlighted the growth of property ownership among GGC citizens in the UAE, with cumulative rates of GCC property owners increasing by 16% within the last year.

ESMA Prepares Rules For Control Mechanism On Energy Drinks
To ensure that the energy drinks offered on sale across the country are safe for human consumption, the Emirates Authority for Standardization and Metrology (ESMA) is adopting measures to put some control mechanisms in place.

First Gulf Bank scores 13% growth in Q2 with Net Profit of AED 890 Mn
First Gulf Bank PJSC, (FGB), the leading financial partner of choice in the UAE, posts a net profit of AED 890 million in the second quarter (Q2) of 2011.

Mexico’s Deputy Minister Of Energy Visits Masdar Institute
Dr. Fred Moavenzadeh, President, Masdar Institute of Science and Technology welcomed HE Sergio Alcocer and familiarized him with the MI campus through a site tour that included a visit to key energy management facilities.

Record H1 For Etihad As 28 Per Cent Increase In Revenues Contributes To Positive EBITDAR
Etihad Airways today reported its most successful first half year, with revenues up 28 per cent to US$ 1,720 million (H1 2010: US$ 1,342 million), driven by solid performances in both passenger and cargo activities.

National Election Committee Launches Awareness Programme For Electoral College Members
The National Election Committee (NEC) has launched awareness sessions for the Electoral College members in preparation for the Federal National Council (FNC) elections, scheduled for September 24, 2011.

UAE’s NBAD Issues YPY10 Billion Samurai Bond
The National Bank of Abu Dhabi, the Number One Bank in the UAE, has issued its inaugural yen-denominated samurai bond, the first ever by a Middle Eastern financial institution.

Al Hilal Bank Promotes Literacy & National Identity During Visit To Halimah School
Al Hilal Bank, a progressive Islamic bank, highlighted the importance of reading and cultural awareness during a recent visit to Halimah School, Abu Dhabi.

ADAC Joins Hands With ADSG To Promote Sustainability In Abu Dhabi
Abu Dhabi Airports Company (ADAC) hosted a two-day workshop of the General Secretariat of the Abu Dhabi Sustainability Group (ADSG) to develop latter’s value proposition and business model.

Abu Dhabi Film Festival To Celebrate 100th Birthday Of Naguib Mahfouz
Egyptian author Naguib Mahfouz had been credited with two important "firsts" in his life , he was the first Arab author to receive the Nobel Prize for Literature (in 1988), and he was the first Arab author to devote much of his energy to the movies.

Masdar Capital’s Two Funds Manage Global Assets Worth Over US$540 Million
Currently, Masdar Capital’s two major investment vehicles - Masdar Clean Tech Fund (I) and DB Masdar Clean Tech Fund (II) - together have US$540 million under management.

Etihad To Increase Services To Erbil
Etihad Airways, the national airline of the United Arab Emirates, will double its flights from Abu Dhabi to Erbil at the beginning of September.

UOWD To Hold 2 More Postgraduate Information Sessions In Abu Dhabi And Dubai This Weekend
The University of Wollongong in Dubai (UOWD) is holding two more Postgraduate sessions in Abu Dhabi and Dubai this weekend, in response to the growing interest in postgraduate programs.

Abu Dhabi Finance Wins Banker Middle East Accolade
Abu Dhabi Finance last week scooped the Banker Middle East’s ’Best use of Technology’ award in the wake of its innovative technology initiative, which has already saved the mortgage company more than 400 days of manpower.

TRA Participates In The 8th Annual Meeting Of The General Assembly Of Arab ICT Regulators Network In Beirut
The UAE has presented a number of recommendations and suggestions regarding the quality of service and customer protection projects, in addition to its comments on the draft strategic plan for the network for the coming four years.

Indoor ’Football World’ Scores With Summer In Abu Dhabi Visitors
Away from football’s conventional formats, there is also the option of Bumper Ball: a three-versus-three version of the ’beautiful game’ where players wear inflatable plastic suits.

Etihad Crystal Cargo Signs Multi-Year Freighter Deal
Etihad Crystal Cargo has signed a multi-year contract extension with World Airways (part of Global Aviation Holdings) to provide two MD-11 cargo aircraft operating on scheduled routes to Europe, Asia and Africa.

Frederick’s of Hollywood to Debut Flagship Location in Abu Dhabi
In July 2011, Frederick’s of Hollywood will officially open the doors of its newest flagship store at Mushrif Mall in Abu Dhabi, the lingerie brand’s premier Middle Eastern location.

Al Bateen Executive Airport Sees 40 Per Cent Increase In Private Jet Movements In H1 Of 2011
Abu Dhabi Airports Company (ADAC) today announced that Al Bateen Executive Airport saw significant growth in business aviation in its half year results, with almost 40 per cent growth in private jet movements against the same period last year.

’Sustainable Lifestyles Tool Kit’ Helps EAD Staff ’Walk The Talk’
In line with its commitment to raise awareness about environmental issues and lead by example, the Environment Agency - Abu Dhabi (EAD) has distributed an innovative ’Sustainable Lifestyles Tool Kit’ to its employees.

HAAD Launches "Abu Dhabi Medical Distinction Award"
The award aims to acknowledge professionals who have contributed to the improvement and enhancement of the healthcare system, encourage medical and scientific research, honor voluntary work and promote philanthropy.

Imagenation Abu Dhabi Signs Deal With Empire International To Distribute Emirati Films In The MENA Region
Imagenation Abu Dhabi has signed an exclusive agreement with Empire International, to distribute Imagenation Abu Dhabi’s locally produced slate to theatres and on DVD throughout the MENA region.

AUD Launches New Engineering Master’s Program
The Civil Engineering Department at the American University in Dubai (AUD) officially launched its Master of Science in Construction Management (M.S.C.M.) a new graduate program starting in Fall 2011.

SEHA Works With Cerner To Simplify Care For Expectant Mothers
"SEHA is the first Cerner client in the Middle East to automate women’s health functions in their facilities, and this will be one of the most extensive client deployments of this technology worldwide.

Kizad And India’s Bank Of Baroda Sign A Global Partnership Agreement
Khalifa Industrial Zone Abu Dhabi (Kizad) and India’s Bank of Baroda have signed a global partnership agreement under which latter will provide potential Kizad tenants with financial services and solutions.

Al Ain Zoo’s Arabian Caracal On Path To Recovery After Successful Surgery
Al Ain Zoo has successfully completed a surgery on one of its Arabian caracals, a species declining in the wild throughout Arabia, to restore the animal’s health following a mystery illness.

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