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ABU DHABI NEWS

Local Time - 11:46:50 PM :
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GE And Mubadala Launch Multi-Billion Dollar Global Business Partnership
GE and Mubadala Development Company,today announced a framework agreement on a global partnership encompassing a broad range of initiatives including commercial finance, clean energy research and development, aviation, industry and corporate learning.

First Gulf Bank Issues AED3.6 Billion Mandatory Convertible Bonds
Maturity date for the bonds is July 2011, and the interest rate to be paid to the bond holders before conversion into shares is 3 months EIBOR + 1%, while the conversion rate has been calculated at AED28.80.

TAQA Joins United Nations Global Compact
The Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Market (ADSM: TAQA), today announced that it has joined the United Nations Global Compact (Compact), the world’s largest voluntary corporate responsibility initiative.

Etihad Wins Major Global Aviation Award
Etihad Airways has been voted the airline with the "best marketing strategy" at this year’s Airline Business awards, receiving critical acclaim for its strong brand identity and the innovative sponsorship programmes with its sporting and cultural partners across the world.

First Gulf Bank Issues Aed3.6 Billion Mandatory Convertible Bonds
Following the Board of Directors meeting held today, First Gulf Bank (FGB) announced the issuance of mandatory convertible bonds worth AED3.6 billion to UAE institutional strategic partners.

Abu Dhabi Tourism Authority employees undergo special training in Boston
A group of Abu Dhabi Tourism Authority (ADTA) employees were given special training in Balanced Scorecard in Boston, United States, recently

UAE participates at Arab water ministerial council meeting
The UAE is participating at the Arab Water and Environment ministers meetings which are currently underway in Cairo

Department of Planning and Economy in Abu Dhabi to issue price index for building materials
The statistics section at the Department of Planning and Economy (DPE) is planning to issue general price index for basic building materials similar to the commodity price index issued recently to curb the manipulation of prices by some traders

Culture & Heritage Projects In The UAE Top AED 190 Billion
Abu Dhabi leads the way with Sheikh Zayed, Louvre & Guggenheim Museums

artparis AbuDhabi,Contemporary+Modern Art Fair
In partnership with AbuDhabi Culture and Heritage (ADACH) and Tourism Development & Investment Company (TDIC)

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