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ABU DHABI NEWS

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FinTech-Hub Abu Dhabi Global Market Attracts 166 Global Startup Applications For Its FinTech Abu Dhabi Innovation Challenge
Earlier today, Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced that it had received 166 applications from over 39 countries for its inaugural FinTech Abu Dhabi Innovation Challenge.

Waha Capital Partners With Emirates Wildlife Society-WWF To raise Awareness On Climate Change Amongst Youth
Waha Capital, a leading investment company based in Abu Dhabi, has partnered with the Emirates Wildlife Society in association with WWF, EWS-WWF, to launch the Environmental Youth Champions Programme.

Abu Dhabi-Based Banks Secure AED7.6 Billion Of Net Income In Q2
The net income of commercial and Islamic banks in the Emirate of Abu Dhabi amounted to AED7.6 billion during Q2 2017, with commercial banks’ accounting for 83.1 percent of the net income of all banks operating in the Emirate.

Louvre Abu Dhabi To Open On 11th November
Louvre Abu Dhabi today announced it will open its doors to the public on 11th November 2017. It is the first museum of its kind in the Arab world: a universal museum that focuses on shared human stories across civilisations and cultures.

UAE presents its environmental efforts at international forum in Bali
The UAE Parliamentary Division called for immediate action to combat the dangers of climate change and natural disasters in all countries.

Penalties for using fake economic licenses in Abu Dhabi toughened to AED50,000
Abu Dhabi Department of Economic Development has toughened penalties against entities using bogus economic licenses to AED50,000, in addition to blacklisting violators.

UAE And India Working To Substantially Augment Trade And Investment Relations
Governments of India and the UAE, through various agencies and departments are closely working to substantially augment the trade and investment relations between the two countries.

UAE Participates In China-Arab States Expo
The UAE is participating with a high-level delegation in the China-Arab States Expo to be held in Yinchuan, capital of northwest China’s Ningxia Hui Autonomous Region, on September 6-8.

Selective Buying Spree Targeting Blue Chips Drives UAE Stock Markets
Amidst a spree of selective purchases targeting blue chips on UAE stock markets, Emaar closed on a high note of AED8.65, securing gains of 2.2 percent since the property giant’s launch of a new project recently.

UAE Non-Oil Foreign Trade Hits AED401 Billion In Q1 2017
The UAE total non-oil foreign trade volume of Q1 2017 reached approximately AED401 billion against AED388 billion during the same period last year, a growth of 3.2 percent, according to statistics released by the Federal Customs Authority.

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