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ABU DHABI NEWS

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State Street Expands Middle East Presence With New Abu Dhabi Office In Response To Region’s Significant Growth Prospects
According to the research, more than three quarters (78 percent) of those surveyed are optimistic about their own growth prospects in the Middle East. As a result of this optimism, 75 percent foresee growing inflows into Gulf Cooperation Council (GCC) domiciled funds over the next five years.

Al Ain Zoo’s Green Spaces Is Ideal Environment For Interactive Learning
With the beginning of the new school year, Al Ain Zoo is continuing to provide its educational programmes based on innovative and enjoyable methods of interactive learning.

Abu Dhabi Investment Office Organizes Field Visit For Delegation From China Chamber Of Commerce For Import & Export Of Medicines & Health Products
The visit comes as part of ADIO’s efforts to enhance trade and investment cooperation between the UAE and China following a memorandum of understanding (MoU) signed with the Chinese Business Council in July 2018.

Abu Dhabi DED Issues Decisions To Facilitate Businesses In The Emirate
The first decision modified the calculation mechanism of the billboards fees whereby the issuance and renewal of all kinds of economic licenses will be charged a fixed fee of AED200.

Camerata Salzburg Orchestra with violin virtuoso Renaud Capuçon and the world’s foremost harpist Xavier de Maistre confirmed for Abu Dhabi Classics 2018/2019 season
The highly anticipated Abu Dhabi Classics new concert season of cultural harmony, will bring a dynamic and diverse programme of classical and traditional music to the Capital.

SCA Approves Regulatory Control Of Fintech
Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the Securities and Commodities Authority (SCA), has issued a resolution approving the regulatory control of Fintech.

Net Income Of Abu Dhabi Banks Amounts To AED16.6 Billion In H1 2018
The net income of commercial and Islamic banks operating in the emirate of Abu Dhabi amounted to AED16.6 billion during H1 of 2018, a growth of 8.4 percent over the corresponding period last year.

UAE Marks International Vulture Awareness Day
The United Arab Emirates joined countries around the world recently to celebrate the International Vulture Awareness Day.

Al Jazira Sports And Culture Club Announces Appointment Of Nick Garcia As Group CEO
The Board of the Al Jazira Sports and Culture Club (JSCC) has announced that Nick Garcia has been appointed as Group Chief Executive Officer. In his role, Nick will oversee all club activities and report directly to the JSCC Board Executive Committee.

Non-Resident Deposits At AED61 bn From January To July This Year
The growth in non-resident deposits with local banks reflected the high confidence in the banking system whose indicators yielded significant positive results since the beginning of 2018.

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