News Archive
Aldar Awards 2 Billion Dirham Contract To Arabtec For Construction Of West Yas Villas (11 January 2016)
This contract represents the final package to be awarded for the West Yas development following the infrastructure and public realm, school, clubhouse and retail, and mosque packages.



The Sunny Side Of Energy (11 January 2016)
The UAE benefits from almost eternal sunshine. And now Abu Dhabi based Masdar Institute of Science and Technology has found a new way to harness the power of the brightness star in our sky that could mean huge improvements in the field of solar energy



ADNOC Distribution Announces Reduced Retail Price Of Unsubsidised LPG Cylinders For January (10 January 2016)
ADNOC Distribution has announced the new retail price of unsubsidised LPG cylinders for the month of January, 2016.



Sawab Center Launches (#Deludedfollowers) Campaign To Expose Daesh’s Methods Of Recruiting Foreign Fighters (10 January 2016)
The Sawab Center, a joint initiative by the UAE and the United States to fight Daesh’s extremist ideology online, has launched a new campaign via its Twitter and Instagram platforms under the hashtag #DeludedFollowers.



FGB Acts As Joint Financial Advisor To NMC Health For The Acquisition Of A Majority Stake In Fakih IVF (10 January 2016)
One of the leading banks in the UAE, acted as Joint Financial Advisor on behalf of NMC Health, for the acquisition of a 51% shareholding in Fakih IVF Group for USD 189 million.



Gulf Capital Announces the First Closing of its Second Credit and Mezzanine Fund, GC Credit Opportunities Fund II, at AED 644 Million (7 January 2016)
Gulf Capital, one of the leading alternative investment firms in the Middle East, announced today that it has raised US$175 million (AED 644 million) for the first closing of its second credit and mezzanine fund, Gulf Credit Opportunities Fund II. The Fund targets a final close of US$250 million (AE



Abu Dhabi Air Expo 2016 Reveals Prestigious Line- Up Of Sponsors (7 January 2016)
Al Bateen Executive Airport, the only dedicated business aviation airport in the region; today announced prestigious sponsors for Abu Dhabi Air Expo 2016.



Chef From The St. Regis Saadiyat Island Resort To Represent UAE At Global Chefs Challenge Final In Greece (7 January 2016)
The St. Regis Saadiyat Island, Abu Dhabi continues to lead the region with its culinary experiences, with one of its chefs winning the Africa/Middle East regional semi-final last month.



Road Traffic Fatalities Caused By Speeding Down By 27%In The Emirate Of Abu Dhabi In 2015 (7 January 2016)
Road traffic deaths caused by speeding decreased by 27% in the emirate of Abu Dhabi during 2015 compared to 2014, and serious injuries resulting from accidents caused by over speeding declined by 49%.



Gulf Capital Raises AED 644 mn For Second Credit Fund (7 January 2016)
The Fund targets a final close of US$250 million (AED 925 million), with a hard cap of US$300 million (AED 1.11 billion).




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