Sorouh Exceeds Analyst Expectations By Reporting 75 Per Cent Growth In Net Profit To AED 977 million In First Half Of 2008 (24 July 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).
New Asset Management Executive Director for Sorouh Real Estate (23 July 2008)
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.
Etihad To Launch Flights To Kazakhstan In December (23 July 2008)
Etihad Airways will launch flights on 2 December to Almaty in Kazakhstan from its Abu Dhabi home base.
Masdar Signs Carbon Emission Reduction Project With Bahrain’s Gulf Petrochemical Industries (23 July 2008)
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 (23 July 2008)
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! (23 July 2008)
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 (22 July 2008)
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 (22 July 2008)
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 (22 July 2008)
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 (21 July 2008)
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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