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ABU DHABI NEWS

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Over 1000 Licences Issued By FANR In 2018
As of December 2018, a total of 1,088 licences have been issued for the nuclear sector in the UAE, according to Federal Authority for Nuclear Regulation’s 2018 Annual Report.

Toll Gate System Announced In Abu Dhabi, Charging Will Start October 15
The Department of Transport - Abu Dhabi (DoT) and the Integrated Transport Centre (ITC) have announced the launch of its forthcoming toll gate system in line with the Surface Transport Master Plan (STMP) for the Emirate of Abu Dhabi.

WeWork To Launch First UAE Location In Early 2020 At Hub71
WeWork, a global company offering shared workspaces for tech firms, announced on Wednesday the launch of its first location in the United Arab Emirates.

Abu Dhabi Fund For Development Organizations Development Funding Workshop
Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, hosted a workshop entitled ’Development Financing’ to share best practices among leading funding institutions and discuss ways to overcoming funding challenges in developing countries.

UAE Partners With China’s 3 Major Financial Institutions To Boost Trade, Investments And Bilateral Exports Between Two Countries
Etihad Credit Insurance (ECI), the UAE Federal Credit Insurance Company has signed three strategic MoUs, respectively, with China Export and Credit Insurance Corporation (SINOSURE ).

ADNOC And Wanhua Chemical Sign Shipping JV And Downstream Partnership Framework Agreement
The Agreements with Wanhua Chemical were signed by Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, and Zengtai Liao, Chairman of Wanhua Chemical Group.

du Reinforces UAE-Pakistan Relations With ’Orient Express’ Submarine Cable System
du, the Emirates Integrated Telecommunications Company, EITC, is strengthening the UAE’s bilateral relations with Pakistan, as well as the country’s presence as a connectivity hub, by enabling a new "Orient Express" submarine fibre optic cable between Pakistan and the UAE.

Mubadala Signs MoU To Explore Petchem Opportunities In Indonesia
Mubadala, OMV and petrochemical leaders PT Chandra Asri Petrochemical Tbk and PT Chandra Asri Perkasa signed a Memorandum of Understanding to explore opportunities for collaboration in the petrochemical sector in Indonesia.

Emirates Strategic Investments Company Debuted USD 600 Million 5-Year Sukuk
Investor demand for the Sukuk was exceptionally strong as evidenced by a USD 3.7bn orderbook, representing an oversubscription rate of 6.2 times. More than 135 investors from over 20 countries participated in the transaction.

ADGM, Beijing Municipal Bureau To Increase Financial And Fintech Activities
Following the state visit by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

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