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Sorouh Exceeds Analyst Expectations By Reporting 75 Per Cent Growth In Net Profit To AED 977 Million In First Half Of 200
Revenue from land sales, as well as rental income, grew by 57 per cent to AED 1,693 million (H1 2007: AED 1,081 million).

Etihad To Launch Flights To Kazakhstan In December
Etihad Airways will launch flights on 2 December to Almaty in Kazakhstan from its Abu Dhabi home base.

New Asset Management Executive Director for Sorouh Real Estate
Sutton Turner joins the company as Executive Director, responsible for Asset and Property Management Services for Sorouh’s AED 45 billion in properties under development.

Masdar Signs Carbon Emission Reduction Project With Bahrain’s Gulf Petrochemical Industries
Masdar and Gulf Petrochemical Industries Company (GPIC) today signed an agreement to monetize the emission reduction associated with carbon dioxide capture and recycling at GPIC’s fertilizer facility in Bahrain, under the Kyoto Protocol’s Clean Development Mechanism (CDM).

Al Bandar Scaling To New Heights
Tenants of Al Bandar, the tranquil waterfront precinct in Al Raha Beach, can expect to move into their units starting from the fourth quarter of 2009.

Abu Dhabi Do!
Visitors to Abu Dhabi International Airport this week will be forgiven for thinking they have stepped back in time or onto the set of the latest Spielberg blockbuster or an episode of The Flintstones.

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.

Abu Dhabi Systems & Information Committee (ADSIC) organises 2nd Abu Dhabi e-Government Forum
Abu Dhabi Systems & Information Committee (ADSIC) held today, the second forum of Abu Dhabi e-government programme under the slogan "Towards Achieving a Service-Oriented Government" at Beach Rotana Hotel, Abu Dhabi

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.

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.

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