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ABU DHABI NEWS

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Six Government Initiatives To Promote Trade, Shape Future Of Economy
Sultan bin Saeed Al Mansouri, Minister of Economy, stated that the annual meetings set a clear path for the performance of key sectors in the UAE and develop a road map for achieving the aspirations of UAE Centennial 2071.

UAE Central Bank To Issue Commemorative Coins, Currency On National Day
The Central Bank of the UAE, CBUAE, has announced that it will issue a commemorative silver coin, a commemorative one Dirham coin and an AED100 denomination Bank Note with "Year of Zayed" logo coinciding with the 47th National Day.

EIBOR Hitting New Highs
The interest rates charged by the Emirates Inter-Bank Offered Rate (EIBOR) have continued to hit new highs across all terms, according to UAE Central Bank figures.

ADNOC Celebrates The UAE’s 47th National Day With Launch Of #47YearsTogether Campaign
The Abu Dhabi National Oil Company (ADNOC) has marked the UAE’s 47th National Day with the launch of the company’s community campaign - titled Remembering 47 Wonderful Years Together - a social media-focused storytelling program designed to evoke cherished memories of life in the UAE.

IDEX 2019 Secures 95 Percent Booking
Under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the events will run from 17th to 21st February, 2019, at the Abu Dhabi National Exhibition Centre.

Gulf Capital And AfricInvest Invest US$ 51 Million Into iSON Xperiences, The Largest Customer Service And Outsourcing Provider In Sub-Saharan Africa
Gulf Credit Opportunities Fund II, Gulf Capitals second private debt fund, and AfricInvest Fund III, the firm’s third generation pan-African fund, provided a total debt and equity commitment of US$ 25.5 million each.

ADNOC Adds Germany’s Wintershall To The Ghasha Ultra-Sour Gas Concession
The Abu Dhabi Government and the Abu Dhabi National Oil Company (ADNOC) have added Wintershall Holding GmbH to the Ghasha ultra-sour gas mega-project with a 10 percent stake.

Al Hilal Bank Executes The World’s First Blockchain Sukuk Transaction
Islamic Sukuk have been successful and one of the fastest growing asset classes with US$97.9 billion worth of Sukuks issued in 2017 (representing a 50% increase from 2016).

Silver Arrows Fly Again At Yas Marina Circuit
Lewis Hamilton has claimed his fourth pole position at Yas Marina Circuit, his 11th of the 2018 season and the 83rd of his Formula 1® career in a stunning Saturday night performance by world champions Mercedes.

IVI Middle East Fertility To Host The Region’s Largest, Most Prestigious Conference For Assisted Reproductive Technologies (ART) In The UAE
The incidence of infertility is on the rise in the UAE. Research indicates that the causes can be attributed to both female and male conditions. Hence, there is a growing demand for infertility treatments.

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