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ABU DHABI NEWS

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ADIB Provides Saudi Investors With Financing For Acquisition Of Manchester Property Portfolio
The transaction means that property financing in the United Kingdom arranged through ADIB’s office in Knightsbridge, London, has risen to over AED 850 million, secured against property with an aggregate market value of over AED 1.35 billion.

Expats’ Remittances Stand At AED38.41 bn In Q1-2019
Expats’ remittances from the UAE amounted to AED38.41 bn during Q1-2019, according to figures released by the Central Bank of the United Arab Emirates.

UAE Bags 14 Medals At Kazakhstan Jiu-Jitsu Grand Prix
Ten countries, including Brazil, Jordan, Afghanistan, Mongolia and Turkmenistan participated in the international competition, which concluded here today.

Al Othaim Group opens Xtreme Zone in Abu Dhabi Mall
Abdullah Al Othaim Investment Company has inaugurated Xtreme Zone, in Abu Dhabi mall. Xtreme Zone is considered the latest project of Al Othaim Leisure and Tourism company in the UAE.

Khalifa Fund Grants Emirati Entrepreneurs Association Financial, Technical Support
The Khalifa Fund for Enterprise Development, KFED, has recently awarded the Emirati Entrepreneurs Association, EEA, with a package of quality support programmes, including financial and technical support.

Etisalat To Invest AED4 Billion For Network Upgrade In 2019
Etisalat is set to invest AED4 billion in network upgrade in 2019, according to a senior executive.

Aviation Sector’s Contribution To UAE GDP To Surge To AED323.6 bn By 2030
The national aviation sector’s contribution to UAE’s GDP is projected to surge to AED323.6 bn by 2030, according to the Airport Council International (ACI) World.

Primary Care Conference Showcases Latest Healthcare Techniques In Abu Dhabi
In collaboration with the Department of Health Abu Dhabi (DOH), the 2nd Primary Care Conference was held today at at St. Regis Hotel Corniche, with more than 150 physicians, nurses, pharmacists and specialists in primary care and family medicine participating.

Fitch Affirms Emirates Development Bank’s Ratings At AA-
"The advanced ratings confirms the bank’s distinctive performance and reflects the achievements it has made across the UAE," said Faisal Aqeel Al Bastaki, CEO of EDB.

Abu Dhabi Hosts 5th Arab-Chinese Political Strategic Dialogue
Abu Dhabi hosted the Fifth Arab-China Political Strategic Dialogue and the 16th meeting of senior officials of the Arab-China Cooperation Forum.

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