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CBUAE Publishes Bank’s Names That Availed More Than 50% Of The Allocated TESS Liquidity Facility
The Central Bank of the UAE, CBUAE, endorses banks’ progressive steps to support customers affected by the COVID-19 pandemic.

ADNOC Distributes 10,000 PPE Kits To UAE Communities
The kits, which include masks, gloves and hand sanitisers, were distributed to the elderly, People of Determination, and others across 12 locations including 8 community development centres in the UAE, the company said in a statement.

Sheikha Fatima Orders Distribution Of Iftar Meals In Industrial Cities
The move stems from H.H. Sheikha Fatima’s keenness to provide necessary needs to the workers affected by the precautionary measures to contain the spread of coronavirus, COVID-19.

UAE Role Model For Global Giving In Times Of Adversity: Abdullah Bin Zayed
H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, said that the UAE, under the support of the country’s wise leadership, is a role model for global giving in times of adversity.

Motivational Speaker Chris Gardner Hosts Inspiring Virtual Session For Abu Dhabi International Book Fair
The motivational speaker Chris Gardner, whose inspiring life story was adapted into the hit Hollywood movie The Pursuit of Happyness, hosted the latest Abu Dhabi International Book Fair (ADIBF) Virtual Session on Sunday evening.

Lockheed Martin Launches Online Summer Internship Programme For UAE University Students
Lockheed Martin, the US-based global technology leader, announced today that its annual summer internship programme for UAE university students will run on a virtual platform to comply with distance learning measures aimed at containing the spread of COVID-19.

AED799.7 Million Abu Dhabi’s External Trade Of Pharmaceutical Products In Q1
The value of Abu Dhabi’s foreign trade in pharmaceutical and pharmacist products during the first quarter of this year was AED799.7 million, distributed to imports at the value of AED589.6 million, exports at AED85.6 million, and re-exports at the value of AED125.4 million.

UAE Banking System Strengthens Support For Agricultural Sector
This support is in line with the country’s efforts to achieve its food security strategy, which is a top priority of the federal government and local governments.

FAB And Bahrain Clear Sign Depository Agent Agreement
First Abu Dhabi Bank, FAB, recently signed a ’Depository Agent Custodian’ agreement with Bahrain Clear to offer custody services at Bahrain Bourse to regional and international investors.

AED400 Million In Q1 2020 Net Profit: ADNOC Distribution
ADNOC Distribution, the UAE’s largest fuel and convenience retailer, announced on Tuesday its first quarter 2020 financial results, recording an underlying EBITDA of AED629 million, a growth of 4.7 percent.

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