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ABU DHABI NEWS

Local Time - 7:17:24 AM :
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Abu Dhabi Islamic Bank posts Record Half Year Profits
Second Quarter net profit was AED 276 million and this represents an increase of 53% compared to the same period in 2007, and a 13% growth on the previous quarter.

Abu Dhabi Customs Records External Trade Growth Of 28.4 Per Cent In Half-Year 2008 To AED 46.641 Billion
The General Administration of Customs - Abu Dhabi announced that external trade in the first half of 2008 increased by 28.4 per cent over the same period in 2007, highlighting the high-growth trade environment of Abu Dhabi.

French Diplomat Visits The Department Of Municipal Affairs
H.E. Dr. Juan Salem Al Dhaheri, Chairman of the Department of Municipal Affairs, received Pierre Mourlevant, the French Economic & Financial Counsellor for the Middle East, to discuss economic bilateral relations.

Etihad Places Firm Orders For 45 Boeing Aircraft
Etihad Airways announced today firm orders for 45 Boeing aircraft at the Farnborough International Airshow in the UK.

52 Young Nationals Tie The Knot In Joyous Mass Wedding
The wedding was attended by sheikh Ahmed Bin Soroor Al Dhaheri Head of the municipality Council and Sheikh Nehayan Bin Mohamed Al Ameri (cross check the arabic title for both)and Mr. Ahmed Messari Al Dhaheri Regional manager in ADIB at Al Ain area.

’Go Green’ Online Awareness Campaign Launched by Cyber Gear
‘Go Green’ is an e-initiative of Cyber Gear. According to Sharad Agarwal, CEO of Cyber Gear, “The ‘Go Green’ web site has been set up to remind people to be mindful of and sensitive to the natural environment in our daily life

Abu Dhabi National Oil Company unveils new measures
Abu Dhabi National Oil Company (ADNOC) unveiled it is about to take new measures to curb congestion at its fuel stations nationwide amid increasing demand for diesel triggered by the economic boom in all sectors

Department of Planning and Economy in A bu Dhabi issues Commodity Index for months of May, June
In a bid to maintain consumer awareness at the highest possible level, the Department of Planning and Economy (DPE) in Abu Dhabi has launched a commodity index to monitor price trends of essential commodities

Noor Islamic Bank Signs Mou With Abu Dhabi’s ALDAR Properties And Sorouh Real Estate
Noor Islamic Bank PJSC (NIB) today announced that it has entered into a financing agreement with ALDAR Properties and Sorouh Real Estate, two of Abu Dhabi’s largest developers, to provide up to a maximum of 90 per cent financing for their residential developments.

Sorouh Real Estate Selects Hill International As Project Manager For Six Towers At Shams Abu Dhabi
Hill International, the global leader in managing construction risk, announced today that it has been awarded a contract by Sorouh Real Estate PJSC, one of Abu Dhabi’s leading real estate companies, to provide project management services for Gateway Towers 3 to 8 at the Shams Abu Dhabi development.

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