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ABU DHABI NEWS

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Masdar to present new technologies at Abu Dhabi Sustainability Week 2017
Abu Dhabi’s renewable energy company Masdar will present technical data from an innovative pilot programme that could pave the way for the commercial adoption of seawater desalination powered by clean energy.

UAE provided AED32.34 billion in foreign aid in 2015
The UAE has provided AED32.34 billion (US$8.8 billion) in foreign aid during 2015, according to the Ministry of Foreign Affairs and International Cooperation.

More heritage shows at Al Dhafra Festival expected to attract UAE residents, outsiders
The camel milk competition, inspired by the ancient Bedouin tradition of keeping and caring for camels, was the first contest to open at the Al Dhafra Festival, taking place in the Madinat Zayed’s desert, in the Western Region of Abu Dhabi Emirate, from 13th to 29th December.

ADNOC Distribution expands presence in Abu Dhabi’s Khalifa City
ADNOC Distribution has consolidated its service station network in the emirate of Abu Dhabi with the opening of the Khalifa City-South service station.

Central Bank Hikes Interest Rates On Certificates Of Deposits
The Central Bank of the UAE, CBUAE, has announced that, as of today, Thursday, December 15th, 2016, it has raised interest rates applied to its Certificates of Deposits in line with the increase in the interest rates on US Dollar.

NBAD Closes Syndication Of $2bn Loan
The National Bank of Abu Dhabi, NBAD, has successfully closed the syndication of its US$2 billion club loan facility with a large oversubscription.

Al Maryah Island Announces New Year’s Eve Music And Fireworks Spectacular
Al Maryah Island has partnered with Platinum Records to usher in 2017 with a star-studded music spectacular. Visitors will be entertained by Emirati star, Hussain Al Jassmi, Egyptian pop icon, Mohamed Hamaki, and Palestinian singing sensation.

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International Franchise Conference & Exhibition 2016 Attracts 300 Companies And 500 Participants
The 2016 edition of the International Franchise Conference & Exhibition began today, Wednesday 14th December, at the Abu Dhabi National Exhibition Centre (ADNEC). The event, which is organized by the Abu Dhabi Chamber of Commerce and Industry.

Miral Announces Plans To Develop Seaworld On Yas Island
Miral and SeaWorld Entertainment today announced a partnership to develop SeaWorld Abu Dhabi, a first-of-its-kind marine life themed park on Yas Island.

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