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ABU DHABI NEWS

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Mubadala And MIP Reach Deal To Sell 50% Equity Interest In Abu Dhabi Terminals To Abu Dhabi Ports
Mubadala Investment Company, the Abu Dhabi-based strategic investment company, and Mubadala Infrastructure Partners (MIP), an emerging markets infrastructure fund manager, have agreed to sell their combined equity interest of 50% in Abu Dhabi Terminals (ADT) to the remaining shareholder.

UAE Central Bank Announces M1 Increase To AED510.6 Billion
The UAE Central Bank has announced that the Money Supply aggregate M1 increased by 0.2 percent, from AED509.7 billion at the end of February 2018 to AED510.6 billion at the end of March 2018.

Sea Of Culture Foundation To Host Literary Salon At Abu Dhabi International Book Fair 2018
A host of leading intellectuals, academicians and decision-makers will discuss key issues that dominate today’s cultural landscape at the Sea of Culture Foundation’s Literary Salon set to run on the sidelines of the Abu Dhabi International Book Fair 2018.

Hotel Guests In Abu Dhabi Surge To 4.88 Million In 2017: ADSC
The latest statistics from the Abu Dhabi Statistics Centre, ADSC, showed that the number of hotel establishments in Abu Dhabi, including hotels, resorts and hotel apartments, reached 162 while the number of rooms reached 30,882 at the end of 2017.

Abu Dhabi International Bags Top Recognition From ACI Asia Pacific For Its Environmental Drive
Abu Dhabi Airports announced today that Abu Dhabi International Airport is the first airport in the UAE to be awarded the Gold Certificate Recognition 2018 by the ACI Asia-Pacific in the airport category between 15 million to 25 million passengers per year.

SHUAA Capital Acquires IS And IC Following Final Regulatory Nods
SHUAA Capital has announced the completion of its acquisition of Integrated Securities (IS) and Integrated Capital (IC), following final approval by the Emirates Securities and Commodities Authority and the UAE Central Bank.

Manazel Real Estate Wins Housing And Urban Development Award
Manazel Real Estate has won the Housing and Urban Development Award at the 2018 Global Infrastructure Congress, GIC.

Masdar And Costa Rican Electricity Institute To Advance Renewable Energy Development
Masdar (Abu Dhabi Future Energy Company) and the Costa Rican Electricity Institute (Instituto Costarricense de Electricidad, or ICE) have announced a collaboration to promote renewable energy development.

Abu Dhabi’s Mubadala Makes Investment In Phoenician Capital
Mubadala Investment Company has acquired a minority stake in the general partner of Phoenician Capital, a New York-based investment management company.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum Visits Abu Dhabi Pavilion At Arabian Travel Market 2018
For its participation at ATM, the Abu Dhabi delegation is putting the spotlight on the Emirate’s culturally-enriching experiences and unique natural landmarks while bringing to life elements of the Emirati heritage and tradition.

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