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ABU DHABI NEWS

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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.

Public Prosecution Calls On Public Not To Use, Deal With Display Fireworks To Ensure Public Safety, Avoid Legal Accountability
The Public Prosecution has called upon the public to abide by the Law of the land and not to use fireworks in any way whatsoever in order to ensure public safety and avoid legal accountability.

ADDED Now Receiving Applications For 20% Refunds On Commercial Property Leases
The Abu Dhabi Department of Economic Development, ADDED, announced on Monday the launch of a strategic new digital service that will enable restaurants.

The Department Of Culture And Tourism - Abu Dhabi Announces Series Of Live Online Concerts With Bait Al Oud
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) has announced a series of performances with Bait Al Oud musicians and oud legend Naseer Shamma which will be held under the theme ’Visits from Bait Al Oud’ and streamed live online.

Penspen Winsengineering Contract With Target Engineering Offshore Abu Dhabi
Penspen,a leading global provider of engineering and project management services to the energy industry,has been awarded acontract byTarget Engineering Construction Co LLC for slug catcher replacement support on a project on Zirku Island in UAE.

Agthia Group Announces 12% Increase inQ1 Revenues
Agthia Group PJSC, one of the region’s leading food and beverages companies,today announced its Q1 2020 financial results for the period ending 31st March 2020.

Higher Committee Of Human Fraternity Calls For Global Day Of Prayer On May 14 In Response To COVID-19
The Higher Committee of Human Fraternity, called on religious leaders and faithful around the world to a day of fasting, prayers and supplications for the good of all humanity on Thursday May, 14 for an end to the novel coronavirus, COVID-19, pandemic.

ADCB Reports AED209 Million In Q1 Net Profit
Abu Dhabi Commercial Bank PJSC (ADCB) today reported net profit of AED209 million for Q1- 2020.

Over 700 People Are Working On Barakah Plant Project To Meet The Timeline: ENEC CEO
Mohamed Al Hammadi, Chief Executive Officer of the Emirates Nuclear Energy Corporation, ENEC, recently sat down via video conference with Frederick Kempe, President and Chief Executive Officer of the Atlantic Council Global Energy Centre.

KIZAD Unveils Freezone Business Packages With Up To 36 Percent Savings
Khalifa Industrial Zone Abu Dhabi, KIZAD, a subsidiary of Abu Dhabi Ports, has announced new packages with up to 36 percent savings as relief for Freezone businesses, and support SMEs challenged by the global economic slowdown.

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