First Gulf Bank Caps Foreign Ownership Percentage (31 December 2008)
According to FGB’s Memorandum and Articles of Association, Article (8): the Board of Directors are authorized to increase or decrease this percentage as they may deem appropriate.
LIVE to Broadcast Capitala World Tennis Championship, Using Cutting-Edge High Definition Technology (31 December 2008)
The Capitala World Tennis Championship will be broadcast in the region exclusively by Abu Dhabi Sports, and it will be broadcast globally.
DoT’s Extends Free Bus Travel By Two More Months On Directive Of Abu Dhabi Government (30 December 2008)
DoT will now implement the paid fare structure for bus service in Abu Dhabi City from March 1, 2009.
Dynamic Conclusion For The First Boat Show In Abu Dhabi (30 December 2008)
More than 100 companies exhibited at this inaugural event, providing a fantastic benchmark for the future of EBSI 2008.
Phase 2 Of The Souk At Qaryat Al Beri Opens (30 December 2008)
“We are pleased that Phase 2 of this new shopping development was completed on time for the holiday season. This adds a significant 1,000 square metre of retail space, which is now available for lease,” said Fatima Al Jaber, General Manager of Qaryat Al Beri Resort Development Company LLC.
Beauty Vision Expo To Bring Together $2 Bn Cosmetics Sector In Abu Dhabi (29 December 2008)
The exhibition, to be held at Abu Dhabi National Exhibition Centre (ADNEC) between February 3 and 5, 2009, will showcase top international brands from around the globe, according to Channels Exhibitions, the show organisers.
UAE nationals get ID card registration deadline extended for another three months (29 December 2008)
UAE nationals who failed to get ID cards by the end of December can still do so without suffering any penalty of paying a fine as the deadline has been extended for another three months, thanks to a decision made by the cabinet under the directives of Vice President and Prime Minister of UAE and Rul
Abu Dhabi’s popular market shines bright at Dhafra Festival 2009 (28 December 2008)
The Dhafra Festival is in its new session, witnessed several new competitions and events held for the first time, in addition to the camel beauty contest and auction, Nabati poetry competition on camels, photography contest, and popular market for handicraft
ADNOC to cut oil production from Murban and Upper Zakum (27 December 2008)
The Abu Dhabi National Oil Company, ADNOC, will cut oil production from Upper Zakum and Murban with effect from January 2009, a statement issued by the company has said, attributing the move to a decision taken by the Organisation of Petroleum Exporting Countries (OPEC) to reduce production from Jan
Central Bank offers swap facilities to banks in UAE (27 December 2008)
The UAE Central Bank has approved Dirham/US Dollar swap facilities for banks operating in the country as part of its efforts to "provide further services to the banking sector" to address the global credit crisis