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ABU DHABI NEWS

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MBZ Fund Offers Relief Grants To Help Conservation Organisations Affected By Pandemic
Razan Al Mubarak, the Founding Managing Director of the MBZ Fund, said the fund decided to expand on its grant-making practices after conducting a survey in April 2020 of more than 300 of its grantees in 85 different countries.

Abu Dhabi Securities Exchange (ADX) Launches Covered Short Selling And Amends The Securities Lending And Borrowing Guidelines
The launch of CSS comes after the Securities and Commodities Authority (SCA) approved ADX’s covered short selling guidelines, which enable investors to sell borrowed securities or financial securitiespledged for return to lenders.

Abu Dhabi Customs Launches New Incentives, Facilities For Importers And Partners
The General Administration of Customs in Abu Dhabi today introduced a new package of incentives and facilities to support importers and partners.

29 Industrial Facilities Convert Their License Status To ’Production’ In Abu Dhabi With Investment Value Of AED2.6 Billion
New industrial licenses under ’Industry Pioneers’ also grew by 18 percent while the licenses with ’Under Construction’ status rose by 33 percent, compared to the first half of 2019.

UAEJJF Puts Weight Behind Breast Cancer Awareness Initiative
The UAE Jiu-Jitsu Federation (UAEJJF), the governing body for the sport in the Emirates, will endorse and undertake several initiatives to drive awareness around Breast Cancer across October in support of Breast Cancer Awareness Month.

Agthia Group Announces Receipt Of Offer From Senaat For A Strategic Combination With Al Foah Company
The key terms of Senaat’s offer are to transfer Al Foah(excluding its organic date farm in Al Ain) to Agthia in consideration for the issuance by Agthia to Senaat of a convertible instrument.

Khaled Bin Mohamed Bin Zayed Visits SeaWorld Abu Dhabi On Yas Island
In collaboration with SeaWorld Parks & Entertainment, this landmark project will bring the next generation of marine life theme parks to Yas Island and will be home to the UAE’s first dedicated marine research, rescue.

30 Initiatives In 5 Years To Activate Abu Dhabi’s Strategy For People Of Determination
The Department of Community Development in Abu Dhabi has said that Abu Dhabi’s Strategy for the People of Determination includes 30 initiatives that will be implemented over the next five years, with the participation of more than 28 specialised local and federal government entities.

UAE Announces 1,231 New COVID-19 Cases, 1,051 Recoveries, 2 Deaths In Last 24 Hours
The Ministry of Health and Prevention, MoHAP, announced that it conducted 117,812 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment.

CBUAE, DIEDC Join Forces To Strengthen Islamic Banking Sector
Saif Hadef Al Shamsi, Deputy Governor of the Central Bank of the UAE, and Abdulla Mohammed Al Awar, CEO of DIEDC, signed the agreement.

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