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ABU DHABI NEWS

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EC approves bus only lanes project in Abu Dhabi
The Executive Committee approved today a series of projects submitted by the Department of Transport in Abu Dhabi (DoT) for establishing bus only lanes for mass transport on the Zayed 1st and Hamdan Streets.

Concierges Experience Saadiyat Beach Golf Club Hospitality
John Gunn - Director of Food & Beverage, Saadiyat Beach Golf Club - explained that concierge staff in hotels are often the unsung heroes that can ensure visitors gain the maximum benefit from their visit to Abu Dhabi.

Abu Dhabi’s monthly CPI report shows Abu Dhabi inflation rate at 3.02% last May
The next highest contributor to the overall year-over-year increase in the CPI over the period January-May 2010 was the ’Food and non-alcoholic beverages group’, which accounted for 26.8% of the rise in the index.

UAE to participate in the 31st Ministerial Meeting of OPEC Fund for International Development
Younis Haji Al Khoori, Director General of the Ministry of Finance, will lead the UAE delegation to the 31st ministerial meeting of the OPEC Fund for International Development (OFID), to be held in the Venezuelan capital, Caracas, on June 17, 2010.

Vote Campaign for Bu Tina Island as one of the World Natural 7 Wonders launched
The Directorate of Residency and Foreigners Affairs in Abu Dhabi has held a campaign in conjunction with Environment Agency- Abu Dhabi (EAD) to vote for Bu Tina Island to become one of the World Natural Seven Wonders.

UAE Residents To Sign Giant Manchester City FC Shirt
The giant shirt already has 280 signatures on it following its first outing to the Emirates National School in Abu Dhabi in May.

Abu Dhabi Commercial Bank signs agreement to acquire Royal Bank of Scotland’s retail banking business
Abu Dhabi Commercial Bank, today announced that it has signed an agreement to acquire the retail banking business of The Royal Bank of Scotland (RBS) in the United Arab Emirates (UAE). The acquisition is subject to UAE Central Bank approval.

UAE to Participate in St. Petersburg International Economic Forum in Russia
Obaid Humaid Al Tayer, Minister of State for Financial Affairs, will lead the UAE delegation to the 14th St. Petersburg International Economic Forum to be held between 17th and 19th June 2010.

ATFP financed 110 trade deals against $ 160 mn
The Arab Trade Financing Program (ATFP) has approved 110 requests for financing diverse trade deals worth $ 160 million in the first quarter of 2010.

’Impressive 1-2-3 For Abu Dhabi’s Triathlon Heroes’
Abu Dhabi Triathlon Team’s Faris Al Sultan, Andi Böcherer and Swen Sundberg notched up a hat-trick of podium finishes this weekend as the crack endurance squad took part in three different events across Europe.

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