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ABU DHABI NEWS

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Al Hilal Bank Issues USD 100 Million Private Placement Sukuk Under Its Euro Medium Term Note Programme
Aiming to diversify its funding base and tenors, Al Hilal Bank has issued a USD 100 million private placement Sukuk.

Ras Al Khaimah Sees More Than 30% Growth In Transportation Sector Over The Last Five Years
Ras Al Khaimah Chamber announced that the growth rate in the transportation sector in the Emirate reached 30.3% during the years 2011-2015, according to a study published by the Chamber based on statistics published by the Ras Al Khaimah Center for Statistics and Studies.

ADNOC Distribution Announces New Retail Price Of Unsubsidised LPG For September
ADNOC Distribution has announced today the new retail price of unsubsidised LPG cylinders for the month of September. As per the announcement that is made on the 10th of every month, the new retail prices are AED55 per 25lb, and AED110 per 50lb.

ADNOC Holds Future Leaders Forum For Young Emirati High Potential Employees
The Abu Dhabi National Oil Company is determined to harness the creativity and potential of its high achieving young employees, and giving them greater leadership opportunities, as it continues to deliver its integrated smart growth strategy.

Foreign Investments At UAE Stock Markets Amount To AED104.3 Billion In August
The market value of foreign investments at UAE stock markets hit AED104.3 billion during August, maintaining their July levels.

Abu Dhabi Ranked The Smartest City In The Middle East
Now in its fourth Edition, the Cities in Motion Index serves as an effective source for assessing key areas across global cities, including technology, through a broad range of expert perspectives from the private and public sectors.

Aldar Completes Repton School On Reem Island
Aldar Properties PJSC (’Aldar’), Abu Dhabi’s leading listed property development, investment and management company, announces that it has completed the Repton School project and has handed the asset over to the operator EKI ahead of the commencement of the 2017/18 academic year.

Abu Dhabi University ranked in the World’s Top 150 Universities under 50 Years Old
Abu Dhabi University, achieved a new academic milestone by entering the ranks of the world’s ’Top 150 under 50’ of the prestigious Quacquarelli Symonds (QS) World University Rankings for 2018.

ADEC Participates In Moscow Global Forum On Education And Innovation Management
An Abu Dhabi Education Council delegation, ADEC, headed by Dr. Ali Rashid Al Nuaimi, Director-General of ADEC, has participated in the 2017 Moscow Global Forum, under the theme ’City for Education’.

Al Hilal Bank Appoints Mr. Jasem AlHosani
Al Hilal Bank has announced a new senior appointment at the leadership team level; Mr. Jasem AlHosani as the Head of Compliance and Internal Control, to further drive the Bank’s success and its future growth plans.

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