Date archive forOctober, 2013
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By Staff writer On Saturday, October 12th, 2013
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S&P Upgrades NBAD’s Credit Rating

  Standard & Poor’s Ratings Services (S&P) has raised the National Bank of Abu Dhabi’s (NBAD) credit rating based on the strong link with the Government of Abu Dhabi and the important role the More...

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By Staff writer On Monday, October 7th, 2013
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Al Habtoor City

Al Habtoor City – the world’s biggest residential and hospitality development under construction. Khalaf Ahmad Al Habtoor, Chairman of the Al Habtoor Group today officially unveiled Al Habtoor City – the More...

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By Staff writer On Monday, October 7th, 2013
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Etihad Airways passenger revenue exceeds US$1 billion

Etihad Airways continued to achieve record growth in the third quarter of 2013, with revenue from passenger services exceeding US$1 billion for the first time and passenger numbers passing 3 million.   Total revenue More...

emaar down
By Staff writer On Monday, October 7th, 2013
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Emaar showcases

Emaar showcases premium lifestyle communities and The Opera District at Cityscape Global : Emaar Properties PJSC, the global developer of iconic projects, is presenting the much-awaited showcase of The Opera District More...

Doha skyline
By Staff writer On Sunday, October 6th, 2013
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Qatar’s Economy Maintains Strong Growth Momentum

Doha, October 05  – Qatar’s economy continued to maintain its strong growth momentum in the second quarter of 2013, said QNB Group in its weekly analysis statement issued here Saturday. Qatars real More...

Doha skyline
By Staff writer On Sunday, October 6th, 2013
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Empower inks $142 million deal with Doha Bank

Empower has secured a $142 million (AED 521.6 million) loan facility from Doha Bank which is the third largest private commercial bank in Qatar. The loan facility is structured on a five-year plan and will enable More...

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By Staff writer On Saturday, October 5th, 2013
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Nakheel floats tender for construction of Nakheel Mall on Palm Jumeirah

Nakheel is to float a tender on Wednesday 2nd October for the construction of Nakheel Mall, its AED 2.5 billion, 418,000 square metre retail, dining and entertainment complex on Palm Jumeirah. Nakheel Mall, endorsed More...

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By Staff writer On Saturday, October 5th, 2013
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Etihad launches Vietnam daily flights

Etihad Airways, the national airline of the United Arab Emirates, has today launched daily flights to Ho Chi Minh City in Vietnam. Travellers between Abu Dhabi and Ho Chi Minh City can now enjoy the convenience More...

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By Staff writer On Saturday, October 5th, 2013
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Ahmad bin Saeed Chairs Expo 2020 Higher Committee meeting ahead of Theme Symposium

The UAE’s Higher Committee for Hosting the 2020 World Expo in Dubai, held a meeting on Tuesday 1st October chaired by H.H. Sheikh Ahmad bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, More...

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By Staff writer On Saturday, October 5th, 2013
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Arabtec Holding PJSC increases salaries by 20 per cent

UAE Arabtec Holding PJSC (Arabtec) based in Abu Dhabi, has raised the salaries of 36, 000 workers at average of 20 per cent for each workers in its projects nationwide. The move is part of the state’s effort More...