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ABU DHABI NEWS

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UAE Central Banks Announces M1 Decrease To AED500 Billion
The UAE Central Bank has announced that the Money Supply aggregate M1 decreased by 3.3 percent, from AED517.4 billion at the end of April 2018 to AED500.1 billion at the end of May 2018.

Aldar To Work With Viceroy On Project In Abu Dhabi
Aldar Properties PJSC (’Aldar’) is pleased to announce that it is working with Viceroy Hotel Group (’Viceroy’) on a Viceroy branded property in Abu Dhabi.

Fluctuations in oil prices do not serve producers and consumers: Al Mazrouei
Fluctuations in oil prices do not serve producers and consumers alike, stated Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy and Industry and President of the OPEC Conference, while addressing the 9th meeting of the Joint Ministerial Monitoring Committee.

Etihad Airways Passes Biennial Iata Safety Audit
Etihad Airways, the national airline of the UAE, has once again successfully passed the biennial IATA Operational Safety Audit (IOSA).

Nahyan bin Mubarak Attends Indian Embassy Yoga Day Celebrations
The Embassy of India in Abu Dhabi, in the presence of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, celebrated the 4th International Yoga Day at the Umm AL Emarat park on 21st June 2018.

Khalifa Fund Signs MoU With Majid Al Futtaim Hypermarkets To Support Local Entrepreneurs
Khalifa Fund for Enterprise Development has recently signed a Memorandum of Understanding (MoU) with Majid Al Futtaim Hypermarkets LLC as part of its efforts to fuel an entrepreneurial culture of UAE and support Khalifa Fund members.

Abu Dhabi Financial Group’s Agreement to Form A Strategic Partnership With Noble To Enhance And Expand Its Footprint In The Middle East
Unless otherwise indicated, capitalised words and phrases used herein this press release have the meaning provided in the binding restructuring support agreement (the ’RSA’) between, among others, Noble Group Limited (’Noble’) and members of the Ad Hoc Group.

ADIB Wins Seven EMEA Finance Achievement Awards
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has received an unprecedented sevens awards, across both house and deal categories, at the EMEA Finance Achievement Awards, held in London, UK.

Fatima bint Mubarak Volunteering Programme Expanded To New Countries
The Fatima bint Mubarak Volunteering Programme kicked-off its second phase of humanitarian works to cover more areas across the world.

UAE highlights importance of achieving water-related sustainable development goals in Tajikistan
The UAE highlighted the importance of developing and implementing plans to achieve global sustainable development goals, most notably "Goal 6: Clean Water and Sanitation,’ as well as the need for ongoing international cooperation and efforts to sustain water resources.

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