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ABU DHABI NEWS

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ADCB posts annual net profit of AED4.840 bn in 2018
Abu Dhabi Commercial Bank PJSC reported net profit of AED4.840 billion for the fiscal year 2018, up 13% on year.

ADGM elected as one of two Director Institutions for FinTech Cooperation Committee
Abu Dhabi Global Market, ADGM, has been elected as one of the Director Institutions to the new FinTech Cooperation Committee, FTCC, established by the Asian Financial Cooperation Association, AFCA.

ADCB, UNB and Al Hilal Bank to combine to create a powerful UAE banking group
The UAE banking sector is set to have a powerful new banking group following the decision of Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) to merge and together to acquire Al Hilal Bank.

UAE and Saudi Arabia announce launch of common digital currency ’Aber’
The United Arab Emirates Central Bank (UAECB) and the Saudi Arabian Monetary Authority (SAMA) today announced in a joint statement the launch of the common digital currency project ’Aber’, which will be used in financial settlements between the two countries through Blockchains.

Gulf Capital Successfully Exits its Investment in Amana Healthcare
Healthcare services are expected to continue to benefit from both the overall growth in healthcare spending, as well as the increasing preference of healthcare regulators towards high-quality, private providers for certain specialised services.

Orion Health and Abu Dhabi Health Data Services Announce Partnership to Deliver the First Health Information Exchange in the Middle East
The access to the centralized patient records will provide physicians with a tool to make well informed, fast decisions, enhance patient safety, reduce the duplication of diagnostic procedures and ultimately improve the quality of care and outcomes.

Miral Honors the Team Behind Warner Bros. World Abu Dhabi’s Success
The fully immersive theme park brings to life, for the first time in the Middle East, fan-favorite DC Super Heroes like Batman, Superman and Wonder Woman, alongside beloved WB animation characters from Looney Tones.

In The Presence Of H.H. Sheikh Hamdan Bin Rashid Al Maktoum, DoH Launches Its Artificial Intelligence Lab At Arab Health 2019
In the presence of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, the Department of Health-Abu Dhabi (DoH), today launched its Artificial Intelligence (AI) Lab at Arab Health 2019.

Etihad Aviation Group Participates In Global Investment In Aviation Summit
The summit is an opportunity for aviation leaders and experts from around the world to gather and explore investment opportunities, hear from subject matter experts and showcase the latest technology trends within the sector.

Abu Dhabi School of Government launches The Leader Program
ADSG developed this prestigious program as a competitive platform designed to recognize and nurture high-potential employees.

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