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ABU DHABI NEWS

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Page 474 of 478

TRA issues regulation policy on ’Internet Access Management’
The UAE Telecommunications Regulatory Authority (TRA) has issued a regulation policy on "Internet Access Management" (IAM) in the United Arab Emirates, after the completion of consultations with all licensed Internet service providers in the country and the National Media Council

GE Receives US$500 Million Contract To Supply Power Equipment For World’s Largest Single-Site Aluminum Complex
The Emirates Aluminum (EMAL) production facility is located close to the Arabian Gulf near Al Taweelah, Abu Dhabi, in the United Arab Emirates (UAE).

ADNH Net Profit In Q2 Touches AED 276 Million
ADNH also stated that the coming months would see continued growth in profits due to the expected growth in the economy and tourism as well as the large number of exhibitions planned in Abu Dhabi as well as other emirates.

Sorouh Quarterly Updates on Construction Works at Shams Abu Dhabi on Al Reem Island
The bridge contract is supervised by Cansult Maunsell. Nurol, the contractor, started work in May 2007 and is scheduled to finish by the third quarter of 2009. Concrete substructure construction has commenced and is so far 30% complete.

Agthia Reports Record Half Year Results
Agthia Group P.J.S.C., a leading Abu Dhabi based food and beverages group (ADX: Agthia), today reported its financial results for the first half of 2008.

ALDAR Properties Announce Financial Results For Q2 2008
Motor World will also provide entertainment for families with a cinema and landscaped open spaces along with water features, giving the development a community-oriented appeal.

Abu Dhabi In-Flight Catering Passes Food, Quality And Service Audit With Flying Colours
Abu Dhabi In-Flight Catering, now a subsidiary of Abu Dhabi Airports Company (ADAC), was originally established in 1982 and currently produces more than 20,000 meals per day.

Singapore Embassy Appoints New Visa Processing Agency In Abu Dhabi
The first half of 2008 has shown that visitor numbers from the UAE to Singapore is up nearly 24 percent from 2007, proving a need for additional visa processing facilities.

Ambassador lauds UAE’s participation in Peking Olympic Games
UAE Ambassador, Mohammed Rashid Al-Buot, has praised UAE for the unprecedented presence and participation in the Beijing Olympic Games

Etihad To Launch Flights To Melbourne In 2009
Since the successful launch of our services to Sydney and Brisbane, we have been particularly eager to spread our wings and expand our Australian operations even further.

Hydra Properties Launches Hydra Executives - Season 2
The second season of ‘Hydra Executives’ will once again highlight the promising prospects in Abu Dhabi as a key destination for entertainment, real estate and tourism sectors.

Female Emirati Cadet Pilots Heralded In New Book
Salma and Aisha began their initial flight training at the Horizon International Flight Academy in September 2007 and are on course to graduate in April 2009.

Abu Dhabi Airport Among First In World To Be Airports Council International (ACI) Service Quality Assured Certified
Teresa Laude from Abu Dhabi Duty Free was the overall winner at this year’s awards and also took away AED 10,000 in prize money.

Etihad makes dream-come-true for cabin crew member
Etihad continually looks at innovative ways to reward our cabin crew members for the efforts they put in onboard our aircraft and giving a brand new car to our top seller illustrates just how appreciative we are.

New book highlights achievements of Mohammed bin Zayed
The Centre of Information Affairs has published a book entitled, "Mohammed Bin Zayed Al Nahyan: The Era of Prosperity and Excellence," to document the efforts and achievements of H. H. General Sheikh Mohammed Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed F

New taxi service launched in Abu Dhabi suburbs
As part of their efforts for the revitalization of Shahama and Bahia, the Abu Dhabi Urban Planning Council (UPC) and the Emirates Foundation announced the launch of local taxi services

National Bank of Abu Dhabi Q2 profits soar 72% to exceed Dh1 billion for the first time
The Board of Directors of NBAD discussed today the first half results, and reported net profits of Dh1,876 billion for the first half of 2008, 58% above the 1st half of 2007

Sorouh Exceeds Analyst Expectations By Reporting 75 Per Cent Growth In Net Profit To AED 977 Million In First Half Of 200
Revenue from land sales, as well as rental income, grew by 57 per cent to AED 1,693 million (H1 2007: AED 1,081 million).

Etihad Launches Belarus Holiday Promotion
Etihad Holidays, a division of Etihad Airways, has unveiled a number of exciting packages to Minsk, as the Abu Dhabi-based airline gears-up for the launch of its service to the Belarus capital on 5 August 2008.

Study on ’Woman’s Work in the Private Sector’ released by ’The Centre of Information Affairs in Abu Dhabi’
The Centre of Information Affairs in Abu Dhabi has issued a study entitled, "Woman’s Work in the Private Sector", which tackles in detail the concept of woman’s work in the private sector

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.

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).

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.

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.

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).

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.

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.

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.

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

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.

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.

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.

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.

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

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

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

Culture & Heritage Projects In The UAE Top AED 190 Billion
Abu Dhabi leads the way with Sheikh Zayed, Louvre & Guggenheim Museums

artparis AbuDhabi,Contemporary+Modern Art Fair
In partnership with AbuDhabi Culture and Heritage (ADACH) and Tourism Development & Investment Company (TDIC)

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

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.

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.

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.

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.

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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