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ABU DHABI NEWS

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First Gulf Bank Inks Finance Deal With Mubadala
FGB will act as the mandated lead arranger providing 25% of the total project value, as well as the Onshore Security Agent and the Onshore Accounts Bank.

ETIHAD Airways - Record Passenger Growth Tops Impressive Year
Etihad launched six new routes in 2008 – Beijing, Minsk, Almaty, Kozhikode, Chennai and Moscow – as well as signing a record order of USD $43 billion at the Farnborough International Airshow for up to 205 Airbus and Boeing aircraft.

LIVE to Broadcast Capitala World Tennis Championship, Using Cutting-Edge High Definition Technology
The Capitala World Tennis Championship will be broadcast in the region exclusively by Abu Dhabi Sports, and it will be broadcast globally.

ADIB Reaffirms Plans To Expand And Invest In Its UAE Workforce
While the bank acknowledges the changed economic conditions in 2008, ADIB has not slowed down its ambitious plans to extend its business footprint in 2009.

ADTA To Increase Overseas Promotions In 2009
"The new exhibition additions reflect our commitment to the lucrative and expanding Chinese market, which is currently achieving outbound MICE business in excess of 10 billion Euros a year, according to the MICE China survey.

First Gulf Bank Caps Foreign Ownership Percentage
According to FGB’s Memorandum and Articles of Association, Article (8): the Board of Directors are authorized to increase or decrease this percentage as they may deem appropriate.

Phase 2 Of The Souk At Qaryat Al Beri Opens
“We are pleased that Phase 2 of this new shopping development was completed on time for the holiday season. This adds a significant 1,000 square metre of retail space, which is now available for lease,” said Fatima Al Jaber, General Manager of Qaryat Al Beri Resort Development Company LLC.

DoT’s Extends Free Bus Travel By Two More Months On Directive Of Abu Dhabi Government
DoT will now implement the paid fare structure for bus service in Abu Dhabi City from March 1, 2009.

Dynamic Conclusion For The First Boat Show In Abu Dhabi
More than 100 companies exhibited at this inaugural event, providing a fantastic benchmark for the future of EBSI 2008.

Beauty Vision Expo To Bring Together $2 Bn Cosmetics Sector In Abu Dhabi
The exhibition, to be held at Abu Dhabi National Exhibition Centre (ADNEC) between February 3 and 5, 2009, will showcase top international brands from around the globe, according to Channels Exhibitions, the show organisers.

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