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ABU DHABI NEWS

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FGB And NBAD Boards Recommend Merger To Create The Largest Bank In The Middle East And North Africa Region
First Gulf Bank PJSC (FGB) and National Bank of Abu Dhabi PJSC (NBAD) announce today that their boards of directors have voted unanimously to recommend to shareholders a merger of the two Abu Dhabi-listed banks.

Central Bank reviews capital requirements and guarantees for branches of exchange houses
The Board of Directors of the Central Bank of the UAE has reviewed a presentation by the Banking Supervision Department.

Demand For Power, Water In Abu Dhabi To Rise To 962 Million Gallons, 19630 Megawatts In 2023
Abu Dhabi officials said demand for water and electricity in the emirate of Abu Dhabi is expected to rise to 962 million gallons per day and 19630 megawatts, respectively, by 2023, officials of the Abu Dhabi Water and Electricity Authority (ADWEA).

Miral Signs MoU with skyTran to Revolutionise Transportation in Abu Dhabi’s Yas Island
Yas Island currently attracts over 25 million visitors every year to attractions which include Ferrari World Abu Dhabi, Yas Waterworld, and the Yas Marina Formula 1 circuit.

ADFD Hosts Lecture On Importance Of Loyalty To Homeland
In keeping with the spirit of the Holy Month of Ramadan, Abu Dhabi Fund for Development (ADFD) hosted a lecture delivered by Omar Habtoor Al Darei, Director of Fatwa Department at the General Authority of Islamic Affairs and Endowments.

Abu Dhabi Airports Company says e-registration now compulsory for all passengers at Abu Dhabi airport
Abu Dhabi Airports Company today said that registration of passports for electronic use to improve passenger flow at Abu Dhabi International Airport is now compulsory.

Masdar Institute Partners With Borouge To Help The UAE Lead The International Plastics Industry
Researchers at the Masdar Institute of Science and Technology have worked on a technology in an attempt to improve the ability of certain plastics to delay oxidation – the natural process that causes food to spoil.

All New Performances Set To Dazzle Across The Emirate During Abu Dhabi Summer Season
A never-before-seen entertainment extravaganza is set to capture the hearts and minds of audiences in this year’s edition of the Abu Dhabi Summer Season, as first-time comedy greats and a thrilling illusion show descend upon the capital city from all corners of the world.

Together To New York – Etihad Airways Partners Help Launch Air Serbia’s First Transatlantic Route
Etihad Airways’ equity partner Air Serbia today launched flights to the United States, a milestone achieved with the support of, and in collaboration with, several of Etihad Airways equity partner airlines.

Increased Preference For Staycations Over Vacations Seen This Summer In The UAE
Leading hoteliers are reporting a growing trend for ’staycations’ in the UAE, with residents opting for the convenience of local luxury ahead of long vacations abroad.

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