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ABU DHABI NEWS

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Islamic finance in focus at Abu Dhabi event
Billion dollar sector to be discussed during forum at Halal World Expo

DuPont Presents Innovative Oil & Gas Solutions at ADIPEC 2008
DuPont also recently announced the official opening of its office in Abu Dhabi. This is the 2nd local office presence in the U.A.E. to address local customers, partners and distributors needs.

Community Development Authority research collaboration with Zayed University
One potential idea was to develop programs to encourage Zayed University students to participate in social initiatives either as trainees or volunteers, as part of the CDA’s efforts to develop a culture of volunteering in Dubai.

ADNH’s 9-month revenues reach AED 1.24 billion
Abu Dhabi National Hotels (ADNH), the leading UAE-based hospitality group with interests in hotels, tourism, transport and catering, has reported an increase in its total revenues and operating profits for the first nine months of the year

BP-Ford Abu Dhabi Dominating Rally Japan
BP-Ford Abu Dhabi World Rally Team today got off to a perfect start in Rally Japan - the penultimate round of the 15-event FIA World Rally Championship series

Artparis - AbuDhabi Young Talents
Likewise for Seon-Ghi BAHK, one of whose sculptures sold for 39,908 USD at the same auction house in June of last year, defying all expectation.

Minister Of Economy Emphasizes The United Arab Emirates Role In Maintaining Highest Quality Standards
H.E Al Mansouri instructed the Director General of Emirates Authority for Standardisation and Metrology to provide all support to the General Secretariat in his new mission

Daman Partners With ICLDC And Emirates Foundation In Diabetes Awareness And Prevention Campaign; Walk UAE 2008 Announcement Kick-Starts World Diabetes Month Activities In United Arab Emirates
The community needs to know what measures they can take to prevent and manage Diabetes and related conditions, such as cardiovascular disease.

Financial Results For The Period Ended 30 September 2008
As I look forward into 2009, we are well financed. Equipped with extensive available credit facilities, we do not have any short term refinancing needs.

US official commends UAE’s steps to handle global financial crisis
A senior US economic official commended the decisive actions taken by the UAE’s financial authorities to bolster local markets and provide valuable feedback on the steps the United States and other countries have announced

Abu-Ghazaleh Addresses Conference On Corporate Listing In Beirut
In his speech, Abu-Ghazaleh highlighted the significant timing of this conference, in light of the financial crisis that has hit the global markets.

The Alternative Energy Awards 2008
The awards, which will take place for the first time in the UAE, will be presented at the ADIPEC Gala Reception on November 4, 2008.

Etihad Scores A Hat Trick At World Travel Awards
Another key development introduced recently by the airline is a new online booking tool that shows variations in prices for outbound and inbound travel on different days.

His Excellency Sheikh Sultan Bin Tahnoon Opens "The Souk" At Qaryat Al Beri
Well-known restaurants will also serve international cuisine including Italian, Japanese, Arabic and Indian varieties.

Western Region Development Council (WRDC) Sets Up Professional Development Network For Women In Al Gharbia
The network, part of WRDC’s Women in Technology Program, offers a dedicated strategy providing training and enhancing development skills for women.

The One Abu Dhabi Restaurant Is The Best Cafe In Town
This award just goes to show how popular ‘The Gourmet Theatre Revival’ menu is with our fans and that hard work definitely pays off.

Unique Strengths Of Market Mean Abu Dhabi Real Estate Sector Poised For Growth, Says Sorouh MD
These include an economy which is experiencing high levels of GDP growth, a booming population and recent liberalisation of the real estate sector.

Holidays To Russia Unveiled In Latest Promotion
Also available are holidays to Johannesburg and Sun City in South Africa and the southern German city of Munich.

Get Set For Star-Studded Global And Regional Premieres At The Inaugural Hydra Open Air Cinema United Arab Emirates 2008
Hydra Open Air Cinema UAE 2008, the ultimate open air movie experience that is set to take the UAE by storm later this year, has unveiled its star-studded movie line up.

Art, Talks & Sensations On November The 18th
A special preview of an extract of the film Je veux voir (I want to see), 2008, with Catherine Deneuve will be commented by the duo of artists Joana Hadjithomas and Khalil Joreige.

Capital Gate set to enter Guinness Book of Records as ’’World’s most inclined tower’’
As construction of Capital Gate continues in the UAE capital city, Abu Dhabi National Exhibitions Company (ADNEC), which is developing the iconic building, and RMJM, project architects, have submitted a joint application to the Guinness Book of Records

ADCB TouchPoints Rewards Programme Takes Off with Skywards
Abu Dhabi Commercial Bank announced today its strategic alliance with Skywards, the frequent flyer programme of Emirates Airline, as a redemption partner for their TouchPoints Rewards Programme

Aldar Properties Reports Strong Financial Performance
The net profit for the period was AED 3,362.2 million, representing a growth of 137.9%. Basic earning was AED 1.38 per share, up 68.3% from last year’s AED 0.82 per share.

’Hydra Executives’ gathers high interest and applause at ’MIPCOM 2008’
’Hydra Executives’, the new English reality-based TV program featuring 16 individuals and their quest for a USD 1 million business grant, gathered high interest and applause at the recently concluded ’MIPCOM 2008’

Oscar-winning British actor Jeremy Irons hosted the opening Gala of Abu Dhabi Classics Journey of Emotions Friday night at Emirates Palace


Aldar Properties reports strong financial performance
Aldar Properties PJSC today reported a “very strong” financial performance during the first three quarters of 2008, with a 137.9% growth in net profit and a 111.9% rise in net asset value, compared to the same period last year

Sustainable Energy Set To Top The Agenda At Energy 2030
ADIPEC 2008, working closely with The Petroleum Institute and Abu Dhabi National Oil Company (ADNOC), will play host to Energy 2030, which is set to be the strongest alternative energy conference programme ever.

The Wagner Gala Rocks Abu Dhabi
Under the patronage of His Excellency Sheikh Sultan bin Tahnoon Al Nahyan, Chairman of Abu Dhabi Authority for Culture and Heritage, the second evening of Abu Dhabi Classics inaugural week saw the celebrated Bayreuth Festival Orchestra performing the ’Wagner Gala’

Hollywood Adventures plans AED 15 billion projects
Hollywood Adventures Group announced plans to invest AED 15 billion in a number of mixed-use projects nationwide

ADCB lead sponsor of Abu Dhabi Investment Forum in London
National Bank of Abu Dhabi (NBAD) announced that it has become a lead sponsor of the Abu Dhabi Investment Forum which is being held under the patronage of H.H General Sheikh Mohamed bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces

Emirates Palace awarded prestigious place on Conde Nast Gold List 2008
The Emirates Palace’s star has shone bright once again at the world travel, tourism and hospitality sky by being voted to the 2008 Conde Nast Traveller’s Gold List, the ultimate guide to the world’s hotels that conform to the prestigious Publication’s Gold standard

UAE Finance ministry takes steps to disburse funds to banks
The Ministry of Finance shall commence disbursement of funds to banks. Banks have been notified of the requirements of payment and transfer

ALDAR Announces New Plans For Noor Al Ain Development Plan Entails Revision Of ALDAR’s Noor Al Ain Development
Integral to this development are spa, and multi-screen cinema facilities that promise to transform the shopping centre into a full-fledged entertainment experience.

80% of Abu Dhabi Yacht Show 2009 Sold-Out Five Months before Opening Day
Informa Yacht Group (IYG), the leading global yachting events organizer also behind the Monaco Yacht Show announced today that 80% of Abu Dhabi Yacht Show’s (ADYS) 7,000 square meters of exhibition space has already sold out.

Go-Green.Ae Launches Green Heroes Program
Nominations for ‘Green Heroes’ are invited through our web site and the pioneering work of deserving environmentalists will be suitably recognised.

First Phase Of Traffic Diversion In Salam Street To Commence Tomorrow
The first stage of traffic diversion is part of Contract 2 of the Salam Project, which will commence tomorrow Friday October 23 and will continue for the next 18 months.

Etihad Unveils Latest Global Sports Sponsorship Deal
The 55,000 capacity stadium, opened in 2000, is a multi-purpose sports and entertainment stadium in the Docklands precinct of Melbourne, which caters for both sporting and entertainment events.

Successful Opening Day At Abu Dhabi’s International Jewellery & Watch Show (JWS))
JWS is being held at the Abu Dhabi National Exhibition Centre. The show timings are 4 – 10 pm and concludes on Sunday 26th October.

Aldar Is Taking Yas Island To Asia Leisure Destination Will Be Showcased At ITB Singapore
The Yas Island development covers an area of 2500 hectares and is set to become a cornerstone of Abu Dhabi’s fast growing tourism industry.

Abu Dhabi Airport YTD Traffic Up 33% To September 30
The leading hubs, along withAbu Dhabi, included New Delhi and Doha with Mumbai and Guangzhou, China - Baiyun in joint second.

Sorouh Real Estate Beats All Expectations And Reports 125 Per Cent Growth In Net Profits Over First Nine Months
The net profit represents earnings per share of 73 files (31 files per share in September 2007) and was generated from operating activities, with no asset revaluations.

Etihad Expands Full Flight Simulator Fleet
Etihad currently has 720 pilots in its ranks. Its fleet of narrow and wide body aircraft is set to reach 42 by the end of 2008 which will operate to 50 destinations worldwide.

Second Annual World Future Energy Summit In Abu Dhabi On Pace To Break Own Records
The Summit will bring together the largest gathering of people and companies with solutions to achieve world targets for the use of renewable energy in commercial and domestic applications.

First Gulf Bank reports solid financial quarter with 68% increase
77% of FGB Group Net Profit for the first nine months of 2008 was generated by the main banking businesses - Corporate, Retail, Treasury & Investments -, while the remaining 23% was contributed by FGB’s two subsidiaries and three associate companies.

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