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World News
•  Suicide attack in Pakistani capital kills 15 (AP)

•  AP IMPACT: US wavered over S. Korean executions (AP)

•  Afghan officials: US missiles killed 27 civilians (AP)

•  More power in Iraq, but shortages linger (AP)

•  UAE cancels Iraq debt, names new envoy (AP)

•  French student's parents plea to London killer to surrender (AFP)

•  Sewage glut — another ugly result of Gaza's wars (AP)

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Business and Finance 

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•  Is capitulation on the cards? (Reuters)

•  Postbank sale may fail over target price: report (Reuters)

•  Auto sector woes could spur deals: Renault CEO (Reuters)

•  Hyundai cuts, Kia lifts domestic sales target (Reuters)

•  Economy casts pall on Sun Valley media fest (Reuters)

•  China premier: Continue inflation fight (AP)

•  Ex-analysts settle SEC insider trading case (Reuters)

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Travel
Abu Dhabi Hotels
Etihad Airways
Tourism
Abu Dhabi is one of the most modern cities in the world. It is the center of government and business life in the UAE, headquarters of the emirates oil operating companies and embassies are based here. The architecture of its modern buildings and sky scrapers is the finest in the Middle East. Abu Dhabi's oil wealth has been wisely utilized to encourage a healthy trade and commerce atmosphere apart from oil industries too. The promotion of tourism and various tourism related projects will elevate Abu Dhabi to a Singaporean status in the region. Large gardens and parks, green boulevards lining all the streets and roads, sophisticated high-rise buildings, state-of-the-art communication services and transport, the presence of all the international luxury hotel chains, rich shopping malls, cultural centers and events provide tourists a one-of-a-kind experience all the year round.


UAE Tourist Guide
.: abudhabicentral.info:.
•  UAE writes off $4 bn worth Iraqi debts
The United Arab Emirates (UAE) Sunday announced that it has written off debts and interests worth $4 billion owed by Iraq, WAM new agency reported.

•  G-8 nations urged to reform world financial order
An editorial comment in a leading United Arab Emirates (UAE) daily has warned the Group of Eight (G-8) nations that global financial order urgently calls for reform to avert an impending economic catastrophe, WAM reported Sunday.

•  Dh250m swindle funds found
ABU DHABI // Prosecutors are urging victims of a multimillion-dirham con to register a claim to receive some of their money back after assets worth Dh250 million (US$68m) were seized from gang members...

•  Buses bulge with passengers
ABU DHABI // Friday may mark the start of the weekend, but it is the one day most people regard with dread because of the seemingly futile search for an empty taxi.This weekend, however, promised to b...

•  What more should be done to weed out abuse of the UAE
Last Updated: July 03. 2008 12:40AM UAE / GMT Unscrupulous passport officials have been issuing residency visas illegally to housemaids and casual workers, according to the Ministry of Interior. As we...

•  Life at the summit
Energy experts continue to debate whether the world has already reached a peak in global oil output or if the moment of maximum yield still lies years ahead. But if we could look back to today from 50...

•  United Arab Emirates Cancels Iraqi Debt
The United Arab Emirates canceled all its Iraqi debt Sunday and moved to restore a full diplomatic mission in Baghdad by naming a new ambassador. It's part of a recent warming between Iraq's Shiite...

•  OPEC president warns no end to oil price rises
ALGIERS - OPEC president Chakib Khelil warned Sunday that oil prices will continue to rise because of the falling dollar, in an interview in the Algeria-News.

•  Emirates NBD launches the Emirates Credit Card Installment Plan
Emirates NBD announced the launch of the Credit Card Installment Plan which allows Emirates Bank cardholders to convert any retail purchases over Dhs1000 into an installment plan and settle in easy an...

•  Al Diar Hotels & Etihad Airways launch joint summer promotion
Al Diar Hotels, a chain of seven executive hotels owned and managed by Abu Dhabi National Hotels (ADNH) has announced a joint summer promotion with Etihad Airways to offer hotel guests a chance to win...

•  Emirates NBD arranges for $313m syndicated term loan facility for OSJC Bank Uralsib
Bayerische Landesbank (BayernLB), Credit Suisse, Emirates NBD, ING Wholesale Banking and National Bank of Oman, as Initial Mandated Lead Arrangers are pleased to announce the successful signing of a $...

•  Spa Resources International and Etihad Airways add a soothing touch to Abu Dhabi International Airport
Spa Resources International, the Dubai-based, specialised Spa Management and Consultancy Company which has set the standards for the spa and wellness industry in the region for over a decade now, has ...

•  Bush says backs strong US dollar policy
TOYAKO, Japan - US President George W. Bush said on Sunday the American economy was not growing as quickly as he would like and that his administration supported a strong U.S. dollar policy.

•  Etihad offers Kuwait fare promo
Etihad Airways is offering a fare promotion for flights to Beijing and Johannesburg from Kuwait via Abu Dhabi. The promotion is part of its second year of operations in Kuwait.

•  $100m Aluminium Rod Plant to be built in Abu Dhabi
Abu Dhabi Basic Industries Corporation (ADBIC), a leading industrial development company in Abu Dhabi, and Midal Cables Limited, one of the world's largest manufacturers of Aluminium rod and conductor...




•  Etihad commences exciting fares from Kuwait to Beijing and Johannesburg, via Abu Dhabi
In light of their 2nd successful anniversary in Kuwait, Etihad Airways, Abu Dhabi's national air carrier delivers breathtaking fares to China and South Africa's capital cities, Beijing and Johannesbur...

•  Dh2.5m lost to fraud
Abu Dhabi // A young Emirati entrepreneur yesterday told how he invested Dh2.5 million (US$681,000) with an alleged fraudster who, Abu Dhabi Police said, swindled at least Dh400m from about 2,500 peop...

•  Schools to provide healthy meals
DUBAI // Public schools in Dubai are to be forced to provide compulsory healthy meals to pupils as part of an initiative to reduce obesity in children.The healthy-eating revolution in government-run s...

•  Quad bikes banned from asphalt roads
ABU DHABI // Drivers who use quad bikes on the roads will be fined and rental operators who break new regulations face having their machines impounded.The Dubai Roads and Transport Authority (RTA) has...

•  Ministry pledges to monitor Filipino workers
Last Updated: July 05. 2008 9:41PM UAE / July 5. 2008 5:41PM GMT DUBAI // Saqr Ghobash, the Minister of Labour, has pledged to do more to help Filipina housekeepers whose employment contracts are brok...

•  Shuaa Partners closes $165m hospitality fund
DUBAI - Shuaa Partners Ltd, the private equity arm of Shuaa Capital psc, announced the successful first closing on June 30, 2008 of the Shuaa Hospitality Fund I with total commitments of $165 million.

•  Gulf widens between global and regional markets
DUBAI - Global market investors witnessed one of the worst environments on record in June, while MENA markets continued to highlight their own independence from the global turmoil despite some selling...

•  Realty Capital announces the sales of i-Rise
DUBAI - Realty Capital Middle East FZ LLZ has announced that sales of i-Rise, the 37-storey curvilinear commercial tower under construction in TECOM Site-C, have exceeded 60 per cent, following the in...

•  Call to peg UAE dirham to basket of currencies
The report issued by Department of Planning and Economy (DPE) Abu Dhabi, has stressed the need to peg the UAE dirham to a basket of currencies - euro, Asian currencies and US dollar, as these economie...

•  Ingrid Betancourt lands in France
The former hostage Ingrid Betancourt has arrived in France after being held captive for six years by leftist rebels in the Colombian jungle.The French-Colombian politician was greeted by the French pr...

•  Business aviation market to expand by 39,000 aircraft
DUBAI - Massive growth in the global business aviation market, which is predicted to expand by 39,000 aircraft over the next 20 years, is driving exhibitor sign-up at this year's Middle East Business ...

•  Zimbabwe to miss World Twenty20
DUBAI// The International Cricket Council (ICC) have confirmed that Zimbabwe are set to pull out of the World Twenty20 in England next year.The ICC have been discussing the future of the troubled Afri...

•  Elite Sadr unit hopes to vanquish US
NASARIYAH, IRAQ // Commanders of the Mahdi Army are still finalising plans for an elite resistance unit that will target US troops in Iraq.The leader of the Sadr movement, Muqtada al Sadr, announced m...

•  Taliban tame a wild town famous for selling guns
Darra Adam Khel, Pakistan // The Taliban fighters were in a pickup truck, brazenly parked outside the army fort in Darra Adam Khel; militants and the state in an uneasy coexistence.For months, Darra, ...

•  Payment to Taxi Number Plate Owners in Dubai | Taxi News and Views From Around The English Speaking World
H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE in his capacity as Ruler of Dubai, ordered to pay Dh26.168.000 to UAE citizen who own private taxi numbers plat...

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