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Sorouh Real Estate Announces Support For Inaugural Summer In Abu Dhabi
Sorouh Real Estate P.J.S.C., one of the UAE’s leading property companies, today announced its sponsorship of ’Secret Story Book Garden’, an interactive storytelling zone and a popular attraction at the ongoing Summer in Abu Dhabi family festival.
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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 2008
Sorouh Real Estate PJSC, the leading Abu Dhabi-based real estate developer, today announced a 75 per cent growth in net profit to AED 977 million for the first half of 2008 (first half of 2007: AED 556 million).
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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.
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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.
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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).
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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.
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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.
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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.
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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
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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.
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Etihad Wins Major Global Aviation Award
Etihad Airways has been voted the airline with the "best marketing strategy" at this year’s Airline Business awards, receiving critical acclaim for its strong brand identity and the innovative sponsorship programmes with its sporting and cultural partners across the world.
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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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First Gulf Bank Issues Aed3.6 Billion Mandatory Convertible Bonds
Following the Board of Directors meeting held today, First Gulf Bank (FGB) announced the issuance of mandatory convertible bonds worth AED3.6 billion to UAE institutional strategic partners.
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Abu Dhabi Tourism Authority employees undergo special training in Boston
A group of Abu Dhabi Tourism Authority (ADTA) employees were given special training in Balanced Scorecard in Boston, United States, recently
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Department of Planning and Economy in Abu Dhabi to issue price index for building materials
The statistics section at the Department of Planning and Economy (DPE) is planning to issue general price index for basic building materials similar to the commodity price index issued recently to curb the manipulation of prices by some traders
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Culture & Heritage Projects In The UAE Top AED 190 Billion
Abu Dhabi leads the way with Sheikh Zayed, Louvre & Guggenheim Museums
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UAE participates at Arab water ministerial council meeting
The UAE is participating at the Arab Water and Environment ministers meetings which are currently underway in Cairo
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artparis AbuDhabi,Contemporary+Modern Art Fair
In partnership with AbuDhabi Culture and Heritage (ADACH) and Tourism Development & Investment Company (TDIC)
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UAE’s non-oil foreign trade hits Dhs.1.8 trillion in five years
UAE’s non-oil foreign trade reached about Dhs.1.8 trillion during the period from 2003 to 2007, according to the Federal Customs Authority
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Abu Dhabi Airport To Close For 12 Hrs On 22 July
Abu Dhabi Airports Company (ADAC), the owner-operator of Abu Dhabi International Airport (ADIA), has announced that due to maintenance work needed on its runway; the airport will be closed to all air traffic between 02:15am until 14:15 (12 hours) on Tuesday 22 July 2008.
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EAD Signs MoU With Abu Dhabi University
The Environment Agency – Abu Dhabi (EAD) has signed a Memorandum of Understanding (MoU) with Abu Dhabi University (ADU) to promote cooperation in scientific research and capacity building.
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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.
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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.
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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.
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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.
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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.
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’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
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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
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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
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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.
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First Gulf Bank Reports Another Record Quarter
Net interest and Islamic financing for the quarter at AED 622 million is 112% higher than the same quarter last year and 47% higher than the previous quarter.
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