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EIBOR Up By 30.7-48.6 Percent Since Early 2018
The interest rates charged by the Emirates Inter-Bank Offered Rate (EIBOR) hit new highs of 30.7- 48.6 percent across all terms since the beginning of the year, according to the Central Bank of UAE figures.
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ADIB Raises AED 1 Billion In Successful Rights Issue Which Was More Than Five Times Oversubscribed
Following the close of the subscription period on October 9, the designated 464 million new shares will be fully allocated on October 16th.
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Innovation Significantly Contributes To UAE Economic Prosperity: Noura Al Kaabi
Noura bint Mohammed Al Kaabi, Minister of Culture and Knowledge Development, has reaffirmed the role of innovation in contributing to the economic upswing in the United Arab Emirates.
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Sheikh Zayed Book Award Holds Cultural Seminar In Milan
The Sheikh Zayed Book Award, SZBA, hosted the second instalment in its series of international seminars in Milan on 5th October, as part of its commitment to advance Arab culture.
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ADNIC To Utilise Al Etihad Credit Bureau’s Services To Further Strengthen Its Credit Risk Management
In a pioneering move for the insurance industry, Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has announced it will utilise Al Etihad Credit Bureau (AECB) products.
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Intertrust Opens Office In Abu Dhabi Global Market
The new office in Abu Dhabi’s financial centre will expand Intertrust’s existing presence in the United Arab Emirates (UAE), and consolidate its position as one of the leading corporate services providers in the region.
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New Hotel Classification System For Abu Dhabi Hotels To Be Launched
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) has developed a brand new classification system for all hotels in the emirate, which will be rolled out for all establishments in the coming months.
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ADNOC And BHGE Form A Strategic Partnership to Improve Drilling Efficiencies And Grow ADNOC Drilling Into A Fully-Integrated Drilling And Well Construction Business
The Abu Dhabi National Oil Company (ADNOC or the Group) and Baker Hughes, a GE company (BHGE:NYSE), today signed a strategic partnership agreement that will enable and support the growth and development of ADNOC’s subsidiary, ADNOC Drilling.
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DCT Abu Dhabi, Medical Tourism Association Sign MoU
The globally recognised event brings together experts and organisations from more than 100 countries worldwide and regularly attracts more than 10,000 visitors, approximately 200 exhibitors and sponsors and up to 100 hosted VIP buyers.
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First Foreign Space Agency Opens In Abu Dhabi
The French Embassy in the UAE today opened a representative office of the French space agency in Abu Dhabi (Centre National d’Etudes Spatiale, CNES) to be the first foreign space agency opening a representative office in the UAE.
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