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Abu Dhabi Plans AED10 bn In Public-Private Partnership Tenders
The Abu Dhabi Government announced today its intention to procure approximately AED10 billion of infrastructure projects this year under its public-private partnership, PPP, model in a range of sectors across the emirate.
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Fuel Load Of Barakah Nuclear Energy Plant’s Unit 1 Commences
The move follows the company receiving the operating licence for Unit 1 from the Federal Authority for Nuclear Regulation, FANR.
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Arif Shaikh To Retire As Group Chief Risk Officer After Two Decades With FAB And FGB
Arif Shaikh is to retire as Group Chief Risk Officer (GCRO) of First Abu Dhabi Bank (FAB) later in 2020, after nearly two decades with the bank and legacy First Gulf Bank (FGB).
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Abu Dhabi Police buildings receive AED808 million overhaul
The company announced in a statement that the AED808 million projects include the construction of three civil defence centres
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Abu Dhabi Exports Office, Abu Dhabi Chamber To Help UAE Companies Increase Exports Globally
The newly established Abu Dhabi Exports Office, ADEX, and the Abu Dhabi Chamber of Commerce and Industry, Abu Dhabi Chamber, signed a Memorandum of Understanding, MoU, to cooperate on a series of initiatives.
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US$1.65 billion in construction contracts for Dalma Gas offshore facilities
The Abu Dhabi National Oil Company, ADNOC, announced today it has awarded two contracts for the construction of offshore facilities for the Dalma Gas Development Project located about 190 kilometres northwest of Abu Dhabi city.
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Barakah Nuclear Power Plant’s Unit 1 To Begin Operations
In a press conference in Abu Dhabi today, FANR said it also authorised Nawah to commission and operate Unit 1 of the nuclear power plant located in Al Dhafra, Abu Dhabi, under a 60-year licence.
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18 Banks, Financial Companies Record Profits Of AED46.47 Billion In 2019
A total of 18 out of 19 national banks and financial companies registered in Emirati financial markets declared their financial figures for 2019, which highlighted an increase in their total net profits to AED46.47 billion.
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FAB Raises Over AED 3 Billion Within 3 Days, Via The Region’s First And Largest Financial Institution Sterling Bond And Its First Kangaroo Issuance Since 2014
FAB issued its inaugural three-year GBP 450 million (AED2.15 billion equivalent) fixed rate bond, under its USD 15 billion Euro Medium Term Note (EMTN) Programme.
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Abu Dhabi Consumer Price Index Decreased 1.8% In January 2020
The Statistics Centre - Abu Dhabi, SCAD, reported on Sunday that the Consumer Price Index, CPI, decreased by 1.8 percent in January 2020, compared with the same month in 2019.
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