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ABU DHABI NEWS

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Khalifa University Unveils New Micro Electro Mechanical Systems Lab
The new laboratory consists of a clean room and the machines and raw materials required for the development of miniaturised devices using micro-fabrication processes.

Passenger Traffic At Abu Dhabi International Airport Up 6.6% In First Half Of 2016
The number of people passing through Terminal 1 saw the largest increase, reaching 4,790,469 - a 22% growth from 3,918,322 in 2015.

ADCB Wins Three Accolades For Retail And Commercial Banking
Abu Dhabi Commercial Bank (ADCB) has received three prestigious awards from Asian Banking and Finance, a highly respected financial publication based in Singapore.

Q2 2016 Off-Plan Development Sales Exceed AED 1 Billion
Aldar Properties PJSC ("the Company"), Abu Dhabi’s leading listed property development, investment and management company, today announced its financial results for the second quarter of 2016.

Yas Mall To Host Authentic Thai Festival Celebrations For The Second Year
Yas Mall, the leading destination for shopping, dining and entertainment, will host for the second year, a series of stellar cultural activities during the Thai Festival Celebrations, which will engage and delight the local community and tourists across the region.

TDIC Awards Enabling Works Contract For Phase 1 Of Saadiyat Lagoons
Saadiyat Lagoons, the largest district planned for the island, is a premium residential community which was launched this year during Cityscape Abu Dhabi. It is expected to become home to 29,000 residents across more than 4,300 residential units.

’Bollywood In The Capital’ Brings The Best Of Indian Music To Abu Dhabi
India’s brightest stars are set to enthral, indulge and serenade adoring fans in Abu Dhabi from 12-13 August 2016 for ’Bollywood in the Capital’, a musical extravaganza exclusive to Abu Dhabi Summer Season.

MoF Continues Its Efforts To Implement Circular On Uploading Emirates ID Details
Since the issuance of the circular in April, the number of employees with incomplete or inaccurate national ID details went down to 280 employees compared to 3,000 employees previously. MoF withheld July salaries of employees with incomplete or inaccurate national ID details until completed.

Etihad Airways Announces Additional A380 Service To New York’s JFK Airport
Etihad Airways, the national airline of the United Arab Emirates, announced plans to increase Airbus A380 service between New York’s John F. Kennedy International Airport and Abu Dhabi International Airport, in response to heightened demand from guests traveling between the two destinations.

NBAD Reports 2nd Quarter / 1st Half 2016 Results
Expenses were essentially flat both sequentially and y-o-y as the Bank continued to tightly control expenses whilst also investing in talent, operations and infrastructure.

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