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ABU DHABI NEWS

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Al Ain Airshow takes off with full support from ADAC
In 2008, the show attracted over 130,000 visitors; organisers have stated that they expect this figure to grow substantially for this year’s show.

Impressive 50% increase over 2007 results
Throughout the year, FGB has maintained a healthy and strong balance sheet where Bank’s Assets grew by 47% to reach AED107.9 billion by year end 2008 and Equity increased by 64% to reach AED16.6 billion.

Leading Companies From Across The Globe To Take Centre Stage At Beauty Vision
The exhibition, to be held at Abu Dhabi National Exhibition Centre (ADNEC) between February 3 and 5, 2009, has confirmed participation of companies from Italy, Germany, Singapore, Netherlands, Belgium, Taiwan, Lebanon, Switzerland, India and the UAE.

Porsche World Roadshow Arrives In Abu Dhabi For The First Time
Porsche Centre Abu Dhabi, a division of Ali and Sons, and Porsche Middle East and Africa organised a roadshow over 10 days in Abu Dhabi at the Golf and Equestrian Club.

Bp-Ford Abu Dhabi’s Hirvonen Gunning For Loeb & Citroen
And after spending the New Year in Abu Dhabi as a guest of BP-Ford Abu Dhabi sponsor, the Abu Dhabi Tourism Authority, the 27-year-old Finn revealed he is determined to win his maiden drivers’ championship and reclaim manufacturers’ honours for the ADTA-supported rally outfit.

Burooj Properties Affirms Timely Delivery Of Projects On Al Reem Island
Noting the company’s commitment to its investors, Adel Al Zarouni, Managing Director of Burooj Properties, said that the company’s projects will be completed as scheduled and buyers of the residential properties will be able to move in to their new homes as planned on Abu Dhabi’s premier address.

ETIHAD Set To Extend European Network To Istanbul
Turkey’s commercial capital will initially be served four times a week from June 2, expanding to five flights a week from October.

Sheikh Sultan Bin Khalifa Bin Zayed Al Nahyan Visits 5th Abu Dhabi Real Estate And Investment Show
The presence of Falconcity of Wonders (FCW) and major Abu Dhabi developers at the event boosted the local property industry.

ADCO To Raise Output Capacity To 1.8 mbpd By 2016
"The production boost will be part of a massive Dh 45 billion ($12 bn) development and expansion plan," Al Kindi said in a press statement today.

Alghadeer Construction Moving Ahead As Planned Show Villas Near Completion
The company described alghadeer, a community for 18,000 residents lying between Abu Dhabi and Dubai, as a “strategic priority” following the granting of Investment Zone status to the project during 2008.

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