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.
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.
Sharjah Chamber Of Commerce And Industry Leads Initiatives To Accelerate Sharjah’s Economic Growth (22 July 2008)
The Sharjah Chamber of Commerce and Industry (SCCI) has announced that it is intensifying efforts to boost Sharjah’s economic growth. SCCI is brokering high-profile public-private partnerships and encouraging entrepreneurship throughout Sharjah.
Etihad Wins Major Global Aviation Award (21 July 2008)
Etihad Airways has been voted the airline with the "best marketing strategy" at this year’s Airline Business awards, receiving critical acclaim for its strong brand identity and the innovative sponsorship programmes with its sporting and cultural partners across the world.
First Gulf Bank Issues Aed3.6 Billion Mandatory Convertible Bonds (21 July 2008)
Following the Board of Directors meeting held today, First Gulf Bank (FGB) announced the issuance of mandatory convertible bonds worth AED3.6 billion to UAE institutional strategic partners.
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.
Abu Dhabi Tourism Authority employees undergo special training in Boston (20 July 2008)
A group of Abu Dhabi Tourism Authority (ADTA) employees were given special training in Balanced Scorecard in Boston, United States, recently
Culture & Heritage Projects In The UAE Top AED 190 Billion (19 July 2008)
Abu Dhabi leads the way with Sheikh Zayed, Louvre & Guggenheim Museums
Department of Planning and Economy in Abu Dhabi to issue price index for building materials (19 July 2008)
The statistics section at the Department of Planning and Economy (DPE) is planning to issue general price index for basic building materials similar to the commodity price index issued recently to curb the manipulation of prices by some traders
UAE participates at Arab water ministerial council meeting (19 July 2008)
The UAE is participating at the Arab Water and Environment ministers meetings which are currently underway in Cairo
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