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ABU DHABI NEWS

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Abu Dhabi’s trade in pearls amounts to AED1.72 bn in January
The trade in pearls and precious stones accounted for 9 percent of the emirate’s non-oil trade in January, valued at AED19.2 bn.

CBUAE Foreign Currency Assets Hit AED377 bn In March
The foreign assets exclude CBUAE Reserve Tranche Position and Special Drawing Rights holdings with the International Monetary Fund.

CBUAE Total Assets Jump To AED432.6 bn In March
The total assets of Central Bank of UAE hiked to a four-decade-time high of AED432.6 bn by the end of March 2019, a growth of 3.5 percent from AED417.7 bn by the end of 2018, CBUAE latest statistics have showed.

NMC Participates In Abu Dhabi International Book Fair 2019
The fair is being held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on April 24th -30th April.

New US$1 Billion Fund At ADGM
Abu Dhabi Global Market, ADGM, will be home to a newly established US$1 billion fund, Abu Dhabi Catalyst Partners.

EDB Increases Home Finance For UAE Nationals To AED1.45 Billion
The Board of Directors of the Emirates Development Bank, EDB, has approved AED 1.45 billion worth of housing finance for UAE nationals, during its meeting on Wednesday.

Honeywell Innovation Center At Masdar City To Advance Digitalization Across UAE
Honeywell, the global technology leader, today launched its new Honeywell Masdar Innovation Center in Abu Dhabi in the presence of Abu Dhabi Future Energy Company (Masdar) Chief Executive Officer Mohamed Jameel Al Ramahi, and senior Honeywell leadership.

His Excellency Sheikh Nahyan Bin Mubarak Al Nahyan Opens The 2nd Organisation Of Islamic Cooperation Festival
Landmark event inaugurated with special performance by multi award-winning singer-songwriter Sami Yusuf, who will play full concert at Emirates Palace on April 25.

UAE Is Global Cultural Hub That Consolidates Principles Of Tolerance And Dialogue, Says Sultan Al Jaber
Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chairman of the National Media Council, has congratulated the UAE leadership and H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah.

Tracking Bags Drives 66% Improvement In Baggage Delivery
Improvement reflects benefit of tracking bags as they are loaded onto the aircraft

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