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ABU DHABI NEWS

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Abu Dhabi Fund For Development Commences Phase 2 Of Formulation Of UAE-Wide National Export Programme
Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has announced the start of the second phase of developing the National Export Programme. Aiming to bolster a diversified and sustainable national economy.

Aldar Launches Boutique Residential Development "Reflection" On Reem Island
Reflection consists of two towers offering 374 homes (182 & 192 apartments in each), comprisingstudios, 1, 2, and 3 bedroom apartments. Available for purchase by all nationalities, Reflection offers home owners and investors theopportunity to secure a high quality home in a prime city location.

’Festival In The Park’ Returns To Abu Dhabi
Running until 31st March, 2018, the festival features a line-up of globally renowned names and an immersive multimedia experience, including "Pianographique," which features works by ground-breaking composers.

Abu Dhabi’s Department Of Energy To Observe Earth Hour
Abu Dhabi’s transformation towards using clean and renewable energy has become a strategy for its government, said Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy, on the eve of the world’s celebration of Earth Hour on 24th March.

TAQA Reports Full Year Net Profit Of AED 160 Million For 2017
Abu Dhabi National Energy Company PJSC (TAQA), a leading global energy company headquartered in Abu Dhabi with operations in 11 countries, today reported its fully audited financial results and operational highlights for the financial year, ending 31st of December 2017.

Stronger Non-Oil Growth Drives UAE GDP to 1.5 Percent
The UAE’s economy expanded by 1.5% in 2017, driven by a 2.9% growth in the non-oil sector, according to the UAE Central Bank annual report released today.

ADIB’s Shareholders Approve Cash Dividends Of 39.76% Of Net Profits 2017
Shareholders of Abu Dhabi Islamic Bank, ADIB, have approved the distribution of cash dividends of 28.87 percent for 2017 at the bank’s Annual General Meeting, AGM. The cash dividend represents 39.76 percent of full year net profits for 2017.

Louvre Abu Dhabi’s 2nd Exhibition Opens On 23 March
Louvre Abu Dhabi today announced the second exhibition ’Globes: Visions of the World’ opening to the public on 23 March until 2 June 2018.

Ministry Of Energy & Industry Under-Secretary Highlights Importance Of Preserving Water
Dr. Mattar Hamed Al Neyadi, Under-Secretary of the Ministry of Energy and Industry, highlighted the link between water consumption and sustainable development, as well as the importance of preserving water, rationalising its consumption and diversifying its sources.

UAE Gears Up For Mother Of Nation Festival Of Happiness 2018
The Mother of the Nation Festival, that celebrates values and contributions of Shaikha Fatima bint Mubarak, Chairperson of the General Women’s Union, President of the Family Development Foundation, and Chairperson of the Supreme Council for Motherhood and Childhood, started in Abu Dhabi.

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