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DUBAI NEWS

’Stay With Armani’ Philosophy Lauded At World Travel Awards 2013
Armani Hotel Dubai’s renowned ’Stay with Armani’ philosophy, has earned it the title of ’Dubai’s Leading Lifestyle Hotel’ from the prestigious World Travel Awards 2013.

Dubai SME Launches ’SeedApp’ To Promote Mobile Applications That Serve Government Services
Announcing the launch of the SeedApp, Abdul Baset Al Janahi, Chief Executive Officer of Dubai SME, said that the fund will encourage creativity among UAE citizens and their active participation in the nation’s vision to be one of the best in the world.

The Future Of Gaming Has Arrived - Middle East’s First 7D Interactive Gaming Technology Launched At Magic Planet With New XD Ride
The ride redefines gaming by combining 3D graphics, state-of-the-art motion technology and multi-player gaming into one unique thrill and offers a range of movies including Banditos (the Bandits), Forbidden Mine, Zombies and Pirates in XD interactive formats.

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DUBAI FEATURES

UAE’s ICT Sector To Hit 22.3 Per Cent Growth In 2013
Genesis Consulting ME, a leading Strategic planning, PR and integrated marketing communications company in the region highlighted that public relations and marketing communications are playing a vital role in strengthening and leveraging the continued growth of the ICT sector in the UAE and the region. The ICT sector continues to be one of the highest growing sectors in the UAE with projected growth to hit 22.3 per cent in 2013.

Emirates Opens Luxury Refurbished Lounge in
Emirates, one of the world’s fastest growing airlines, has inaugurated its refurbished Paris Charles de Gaulle Lounge for First Class and Business Class passengers as well as Platinum and Gold members of Emirates Skywards, the airline’s frequent flyer programme. It is the first of the airline’s existing worldwide network of lounges to be refurbished in the new interior design, originally unveiled within Emirates’ Concourse A Lounges in Dubai earlier this year.

UAE Banks Federation Advisory Council reviews latest developments on banking
The CEOs Advisory Council of the UAE Banks Federation held its fourth meeting this year, in Abu Dhabi, and discussed the latest developments on relevant banking issues. The meeting was headed by H.E AbdulAziz Abdulla Al Ghurair, Chairman of UAE Banks Federation, where the CEOs Advisory Council the key topics of the agenda primarily ’Liquidity Regulation at Banks’, ’Monitoring of Large Exposure Limits’, ’Decriminalization of Bounced Cheques’ and "Basel II & III’.

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ABU DHABI NEWS

NBAD Issues $465 Million Convertible Bonds
The National Bank of Abu Dhabi (NBAD) has issued US$465 million senior unsecured convertible bonds, convertible into ordinary shares of NBAD.

TCA Abu Dhabi Launches Stakeholder-Focused Corporate Portal Informative, Functional And Interactive Platform Expands Authority’s Digital Presence
Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) has launched a stake-holder-focused corporate website - www.tcaabudhabi.ae - which is an informative, functional and interactive resource for its core business areas.

Abu Dhabi Science Festival Wins World Summit on the Information Society (WSIS) Global Contest Award
A key strategic initiative of the Abu Dhabi Technology Development Committee (TDC), the Abu Dhabi Science Festival was recently awarded the World Summit on Information Society (WSIS) project prize in the category of "ICT application; e-science", hosted May 13-17th in Geneva, Switzerland during the W

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ABU DHABI FEATURES

NBAD plans USD 350 million senior convertible bonds
National Bank of Abu Dhabi P.J.S.C. has announced plans to sell USD 350 million senior unsecured convertible bonds due 2018 (the "Bonds") convertible into ordinary shares of NBAD ("NBAD Shares") with an increase option of up to USD 35 million. NBAD appointed BofA Merrill Lynch, Barclays and J.P. Morgan Securities plc as Joint Global Co-ordinators and Joint Bookrunners along with National Bank of Abu Dhabi P.J.S.C. (in its capacity as Joint Bookrunner). J.P. Morgan Securities plc will act as settlement agent on the offering, NBAD said in a statement.

Mangroves Integral to UAE’s Sustainable Ecosystem
Masdar Institute of Science and Technology, an independent research-driven graduate-level university focused on advanced energy and sustainable technologies, has announced that the mangroves of Abu Dhabi are crucial to the very concept of sustainable development and commended the efforts of various organizations towards preserving one of the rare natural resources of the UAE.

Abu Dhabi Airport to see active movement in summer
Abu Dhabi Airports Company (ADAC) today announced that airlines from around the globe will be increasing their weekly number of flight departures and arrivals at Abu Dhabi International Airport during the coming months. This summer, Abu Dhabi International Airport expects to receive 1,065 flights a week, a 15% increase compared to the 956 weekly flights during the summer months of 2012.

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SHARJAH NEWS

 
Air Arabia Takes Off To Abha, Saudi Arabia
Air Arabia, the first and largest low-cost carrier (LCC) in the Middle East and North Africa, inaugural flight today touched down in Abha, Saudi Arabia, from its primary hub in Sharjah.

Sharjah City Centre Puts Smiles On The Faces Of Special Needs Students
Sharjah City Centre welcomed a group of 26 special needs students from Sharjah City for Humanitarian Services to a day of laughter and smiles at Magic Planet.

HH Sheikha Jawaher Visits Lebanon To Mobilise Aid For Syrian Refugees As UNHCR Eminent Advocate
The humanitarian trip comes against the backdrop of a continued influx of refugees fleeing the two-year conflict in Syria, with the UNHCR projecting that one million refugees will have crossed into Lebanon by 31 December 2013.

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SHARJAH FEATURES

Ramadan & Eid Fair 2013
In 2013, the Ramadan & Eid Fair will feature a multitude of shopping and entertainment activities that will also include religion, arts, heritage, healthcare and charity. New country pavilions as well as leading manufacturers and distributors from the Middle East, the Indian Sub-Continent and Far East Asia will ensure good visitor turnout.

Shurooq unveils Sir Bu Nuair Island project at ATM 2013
The Sharjah Investment and Development Authority (Shurooq) unveiled the plans for its latest project - Sir Bu Nuair Island, the first integrated tourism project within the islands in the Emirate of Sharjah, and one of the most important marine protected areas in the UAE. The announcement was made during a press conference held at the Arabian Travel Market (ATM2013) in the presence of Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sharjah Investment and Development Authority (Shurooq).

Sharjah Fountain brings ancient Islamic art to life
The Sharjah Fountain at Al Majaz Waterfront brought the ancient Islamic art of Ebru to life with a never seen before art performance by acclaimed Ebru artist Garip Ay from Istanbul. An art form dating back to the 10th century, Ebru can perhaps be best described as painting on water. Also known as Water Marbling, this unique method of painting happens in a tray of water (the canvas) where special inks are "swirled and crafted" to produce fascinating works, which are then, traditionally, transferred to paper. The results of this process are unique with no two designs ever exactly the same again.

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