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Prices On Average Decrease Across The Abu Dhabi Real Estate Market - Bayut Q3 Report
Mohammed Bin Zayed City is the most popular for apartment rentals in Q3 2018 where current prices for studios is AED 25k, 1-beds is AED 40k, and 2-beds are AED 58k.

Amana, Regional Industrial And Modular Construction Leader, Sets Up Operations In KIZAD Construction City
Leveraging Khalifa Industrial Zone Abu Dhabi’s (KIZAD) strategic location, lower operating costs and optimal road networks, Amana, the regional industrial and modular construction leader, recently established a 50,000 sqm facility to serve the GCC construction market.

First Foreign Space Agency Opens In Abu Dhabi
The French Embassy in the UAE today opened a representative office of the French space agency in Abu Dhabi (Centre National d’Etudes Spatiale, CNES) to be the first foreign space agency opening a representative office in the UAE.

Abu Dhabi Securities Exchange (ADX) Lists Aldar Investments $500million Sukuk
Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, together with Aldar Properties PJSC ("Aldar"), today rang the market opening bell to celebrate the listing of Aldar Investments’ new sukuk, marking the first corporate sukuk ever to be listed on the exchange.

Salman Khan Returns To Shoot Bollywood Blockbuster In Abu Dhabi
Production has begun in Abu Dhabi on Bollywood blockbuster ’Bharat’, starring superstars Salman Khan and Katrina Kaif and directed by renowned filmmaker Ali Abbas Zafar. All three Indian icons previously worked together on the box office hit ’Tiger Zinda Hai’, which was also shot in Abu Dhabi.

UAE MGov Page On Twitter Surpasses Mark Of 500K Followers
The Telecommunications Regulatory Authority, TRA, has announced that the UAE mGov page on Twitter has surpassed the mark of 500K followers.

UAE Central Bank Announces M1 Decreases To AED488.1 Billion
The Central Bank has announced that the Money Supply aggregate, M1, decreased by 1.7 percent, from AED496.4 billion at the end of July 2018, to AED488.1 billion at the end of August 2018.

UAE Increases Overall Annual Spending By 15.6%
The UAE adopted a general expansionary fiscal policy during the first quarter of 2018 and increased its overall annual spending by 15.6 percent due to the recovery in oil prices, which led to increased proceeds from petroleum-based products.

Abu Dhabi Chamber discusses economic cooperation with South Africa
The Abu Dhabi Chamber of Commerce and Industry today discussed ways of promoting economic cooperation with a commercial delegation from South Africa, during a meeting that was held at its headquarters.

DoT participates in International Road Federation conference in Denmark
The conference witnessed the participation of many countries, as well as United Nations representatives, experts and specialists in the transport sector, who discussed digital transformation of transport and mobility.

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