Abu Dhabi new financial free zone

Published On: 
Mon, 02/09/2013 - 18:39

(Reuters) - Abu Dhabi named a chairman and the board for a new financial free zone it hopes will attract top global banks and financial firms when it launches in the fourth quarter.

Ahmed Ali al-Sayegh, chairman of green energy firm Masdar, chief executive of state-owned Dolphin Energy and the deputy chairman of Abu Dhabi Media, was named chairman of the Global Marketplace Abu Dhabi (GMAD). The board includes Mohammed Darwish Mohamed al Khouri, a board member of Abu Dhabi Commercial Bank and executive director of internal equities at Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds.

UAE Capital's Hotels Witnessing Double-Digit Revenue Growth

Published On: 
Mon, 02/09/2013 - 12:12

More guests have checked into Abu Dhabi's 146 hotels and hotel apartments in the first seven months of this year compared to any other comparative period, according to figures just releases by Abu Dhabi Tourism '&' Culture Authority (TCA Abu Dhabi).

The figures show that from January-July end, guest arrivals topped the 1.5 million mark - a 10% increase on the same period last year. In all the arrivals delivered almost 4.8 million guest nights - up 23% on 2012 with guests staying, on average 3.17 nights - which is a rise of 12% on last year driving occupancy up by 7% to 68%.

Abu Dhabi to make exceptions to 'live local' policy

Published On: 
Fri, 30/08/2013 - 14:23

Abu Dhabi is prepared in principle to make exceptions to its policy requiring all of its public sector employees to live inside the emirate, its government said on Thursday.
It was the first time that the government had explicitly said it would compromise on the policy, which could pressure thousands of expatriate professionals and other workers to move to Abu Dhabi from neighboring Dubai.

The Galleria Luxury Mall is now open

Published On: 
Wed, 28/08/2013 - 08:27

Abu Dhabi’s new luxury mall The Galleria at Sowwah Square opened its doors on Tuesday, bringing more than 50 new fashion labels and several new food and beverage brands to the capital for the first time.
Covering three levels, with 33,000 sqm of retail space, the centre has been designed to attract high end shoppers, including wealthy tourists.
It features brands such as Louis Vuitton, Cartier, Prada, Gucci, Bulgari, Dior, Fendi, Burberry, Ralph Lauren, Tag Heuer, Jimmy Choo and Diane von Furstenberg.
Its 25 food and beverage outlets include an Armani Caffé and licenced waterfront restaurants and cafes, which are due to open next month.

Abu Dhabi Department of Transport deploys Mawaqif inspectors in Al Ain

Published On: 
Tue, 27/08/2013 - 08:26

As part of its commitment to providing world-class solutions to manage parking requirements in the Emirate of Abu Dhabi, the Department of Transport (DoT) in Abu Dhabi today announced that it is gearing up to launch a complete Mawaqif service programme in Al Ain City. As part of the service, Mawaqif inspectors will be soon deployed at key locations to raise public awareness of the benefits of Mawaqif.

Mafraq Hotel Abu Dhabi's Health Zone Gains Weqaya Certification

Published On: 
Sun, 25/08/2013 - 16:48

Mafraq Hotel in Abu Dhabi, is proud to announce the certification of the Health Zone menu by the Abu Dhabi Health Authority and the Abu Dhabi Food Control Authority in line with Weqaya standards.

Jay Z in Abu Dhabi for Grand Prix 2013

Published On: 
Wed, 21/08/2013 - 14:06

International music star and one of world’s most influential entertainers, JAY Z, will headline the Yasalam After-Race Concert on Friday, November 1st at the du Arena on Yas Island. FLASH Entertainment, organizers of Yasalam, the largest city-wide entertainment programme run by any F1 host city, in association with Yas Marina Circuit, the host of the 2013 FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX, will bring the music superstar to the Middle East for the first time for this once-in-a-lifetime concert.

Cab-sharing in Abu Dhabi allowed for single-fare journeys

Published On: 
Tue, 20/08/2013 - 15:16

Taxis in Abu Dhabi are allowed to drop off more than one customer as long as it is during a single-fare journey.

The rule has been confirmed by the company that regulates cabs in the capital, TransAD, and is similar to a policy in Dubai set out by the Roads and Transport Authority.

In a written response to questions from The National, TransAD confirmed that multiple drops on journeys were not allowed if it meant the meter would be stopped and restarted each time a customer got out.

"In general, the taxi industry allows for multiple drops only to the group of passengers - family, friends, people working in the same organisation, etc - starting their ride from one location and drop off in a different location by considering it a single ride without restarting the meter until the end of the final destination," TransAD said.

Abu Dhabi set to host huge 'EidFest' celebrations

Published On: 
Mon, 05/08/2013 - 14:41

Abu Dhabi residents are in for a treat this Eid Al Fitr as the city plays host to family activities, star-studded concerts, celebratory shows, attraction activations, night markets and extended mall opening hours - all part of the emirate's traditional EidFest Abu Dhabi promotion.

'Eid is an occasion when visitors and residents alike can come together and share the emirate's social atmosphere and diverse celebrations,' said Faisal Al Sheikh, Director, Events Bureau, Tourism and Culture Authority Abu Dhabi.

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