Etihad CEO addresses global tourism forum

James Hogan, the chief executive officer of Etihad Airways, addressed the World Tourism Forum in Lucerne, Switzerland, on the subject of sustainable growth. In his keynote speech, Hogan discussed the central role tourism plays in the expansion of economies, and highlighted the remarkable progress of the Abu Dhabi 2030 Plan and Etihad’s role in achieving this ambitious vision.

Abu Dhabi opens more sections in tunnel project

Abu Dhabi authorities opened more sections of a Dh5billion tunnel project to traffic on Friday as they are pushing ahead with plans for a full completion towards the end of this year or in early 2011. Officials said more than 80 per cent of the entire project has been completed and they expect the tunnel and surface roads to be fully operational within two to four months nearly four years after the project was launched.

Abu Dhabi to have separate paths for cycling

Abu Dhabi will develop pathways for pedestrians and bicycles in a bid to improve transport options as well as the quality of life, officials said. The transport department has announced a Pedestrian Bikeway Master Plan to be completed by early 2012.

National Bank of Abu Dhabi sponsors UAE Global Investment Forum 2011

The National Bank of Abu Dhabi (NBAD), is lead sponsor of the Fourth Annual UAE Global Investment Forum to be held on May 3rd , 2011, in Abu Dhabi. The speakers and panelist at the event will discuss, analyse and debate the economic outlook of the county as well as shifting of economic balance toward emerging markets, opportunities for investments, potential political changes in the Middle East, and how the UAE can capitalise on investor appetite.

Abu Dhabi city overhauling streetscaping

Abu Dhabi: Treated wastewater currently makes up 76 per cent of the water used for landscaping purposes in the capital, and municipal authorities hope...

Market@Masdar City showcases eco-living

Thousands of residents from different nationalities thronged to the community market at the Masdar City in the Capital on Friday to personally experience the world’s most sustainable urban developments. Masdar City, designated by Etihad Airways as an ‘Essential Abu Dhabi Tourist Destination’, hosted ‘The Market @ Masdar City’ to give visitors a taste of eco-living.

Lukewarm trading on Gulf stock exchanges as investors stay away

Trading on local exchanges was lukewarm yesterday ahead of earnings releases by blue-chip stocks in Abu Dhabi and Dubai. In Abu Dhabi, the telecommunications operator Etisalat declared a net profit of Dh7.6 billion from Dh8.8bn last year. Earnings per share declined to Dh0.97, from Dh1.12 in 2009. Etisalat gained 0.9 per cent to Dh11.10 yesterday. The Abu Dhabi Securities Exchange remained little changed at 2,710.61, as 1,103 trades were made in the capital at a total value of Dh99m.

Two more paid parking zones in Abu Dhabi from April 30

Starting April 30, residents will have to pay to park their cars in more than 3,700 spaces in two areas along Abu Dhabi's Shaikh Rashid Bin Saeed Al Maktoum or Airport Road, where parking is currently free of charge, a senior official said on Monday.

Arab Bank Group reports 20% growth in net profits in 2016

Arab Bank Group announced its 2016 results reporting a growth of 20% percent in net profits. Net operating income before provisions and taxes exceeded...
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New paid parking areas for Abu Dhabi

Sector E1 is located in the Central Market area between Corniche Road from the north, Khalifa Bin Zayed Street to the south, Airport Road from the west, and Liwa Street from the east, providing 961 parking spaces. Sector E2 is located between Khalifa Bin Zayed Street from the north and Hamdan Street from the south, Airport Road to the west, and Liwa Street from the east, providing 336 parking spaces.

Abu Dhabi rent rises to slow ‘significantly’ with 35,000 new homes

Housing rent increases in Abu Dhabi are set to slow this year as the emirate feels the effects of declining oil prices and a slowing global economy.

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