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ABU DHABI NEWS

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’Hydra Executives’ gathers high interest and applause at ’MIPCOM 2008’
’Hydra Executives’, the new English reality-based TV program featuring 16 individuals and their quest for a USD 1 million business grant, gathered high interest and applause at the recently concluded ’MIPCOM 2008’

Oscar-winning British actor Jeremy Irons hosted the opening Gala of Abu Dhabi Classics Journey of Emotions Friday night at Emirates Palace


Aldar Properties reports strong financial performance
Aldar Properties PJSC today reported a “very strong” financial performance during the first three quarters of 2008, with a 137.9% growth in net profit and a 111.9% rise in net asset value, compared to the same period last year

Sustainable Energy Set To Top The Agenda At Energy 2030
ADIPEC 2008, working closely with The Petroleum Institute and Abu Dhabi National Oil Company (ADNOC), will play host to Energy 2030, which is set to be the strongest alternative energy conference programme ever.

The Wagner Gala Rocks Abu Dhabi
Under the patronage of His Excellency Sheikh Sultan bin Tahnoon Al Nahyan, Chairman of Abu Dhabi Authority for Culture and Heritage, the second evening of Abu Dhabi Classics inaugural week saw the celebrated Bayreuth Festival Orchestra performing the ’Wagner Gala’

Hollywood Adventures plans AED 15 billion projects
Hollywood Adventures Group announced plans to invest AED 15 billion in a number of mixed-use projects nationwide

ADCB lead sponsor of Abu Dhabi Investment Forum in London
National Bank of Abu Dhabi (NBAD) announced that it has become a lead sponsor of the Abu Dhabi Investment Forum which is being held under the patronage of H.H General Sheikh Mohamed bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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