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ABU DHABI NEWS

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Etihad Airways wins Simplifying Award for Best Airline in Social Care
Etihad Airways, the national airline of the United Arab Emirates, has been named Best Airline in Social Care at the SimpliFlying Awards 2018.

UAE banks continue to lead Gulf peers with $748 billion worth of assets
The UAE banking sector has continued to top other GCC counterparts in terms of assets value during H1 2018, with a total value of AED2.7 trillion (US$748 billion).

Etihad Cargo increases focus on cold chain industry with FreshFoward product
Etihad Cargo today launched FreshForward product, affirming its support for a cold chain industry.

Think Science 2019 Competition Expands Reach Across UAE
The Emirates Foundation, the national organisation set up by the Abu Dhabi Government to facilitate public-private funded initiatives for the empowerment of youth across the UAE, has announced the kick-off of the 7th edition of its ’Think Science’ national competition.

Khalifa Fund Closes Submission For ’Pitch@PalaceUAE’ Competition With The Participation Of 91 Innovative Projects
Khalifa Fund for Enterprise Development announced that application submissions have closed for the 2nd edition of Pitch@PalaceUAE Competition, which recorded a total of 91 applications, 63 of which were selected to participate in the Abu Dhabi and Sharjah On-Tours.

UAE Banking System Expands Credit To 10 Economic Sectors
Statistics issued by the Central Bank of the UAE show that ten vital economic sectors witnessed considerable growth, reflecting the overall rise of business activity since the start of 2018.

ADNOC Unveils Plans To Expand Ruwais City, With Focus On Liveability, Leisure And Community
The Abu Dhabi National Oil Company (ADNOC) announced, today, major development plans for Ruwais City, a 6.9-square kilometer community near the Ruwais Industrial Complex, in Abu Dhabi’s Al Dhafra region.

Department Of Culture To Take Promotional Roadshow To Three Cities In India
The Department of Culture and Tourism - Abu Dhabi, DCT Abu Dhabi, is embarking on a three-city roadshow to India, along with partners and stakeholders, to help promote the emirate and encourage even more Indian visitors to explore Abu Dhabi.

Abu Dhabi Global Market To Support Start-Ups And Enterprises
Abu Dhabi Global Market, ADGM, today launched its framework to regulate operators of Private Financing Platforms, PFPs, serving equity investment, debt financing and trade receivables funding needs of start-ups, private enterprises and SMEs.

State Street Expands Middle East Presence With New Abu Dhabi Office In Response To Region’s Significant Growth Prospects
According to the research, more than three quarters (78 percent) of those surveyed are optimistic about their own growth prospects in the Middle East. As a result of this optimism, 75 percent foresee growing inflows into Gulf Cooperation Council (GCC) domiciled funds over the next five years.

UAEU Breaks Guinness World Record For Largest Paper Mosaic Painting
As part of its celebration of the ’Year of Zayed’, the UAE University (UAEU) has broken the Guinness World Record for the world’s largest mosaic painting, made of paper rolls.

Abu Dhabi DED Issues Decisions To Facilitate Businesses In The Emirate
The first decision modified the calculation mechanism of the billboards fees whereby the issuance and renewal of all kinds of economic licenses will be charged a fixed fee of AED200.

Abu Dhabi Investment Office Organizes Field Visit For Delegation From China Chamber Of Commerce For Import & Export Of Medicines & Health Products
The visit comes as part of ADIO’s efforts to enhance trade and investment cooperation between the UAE and China following a memorandum of understanding (MoU) signed with the Chinese Business Council in July 2018.

Al Ain Zoo’s Green Spaces Is Ideal Environment For Interactive Learning
With the beginning of the new school year, Al Ain Zoo is continuing to provide its educational programmes based on innovative and enjoyable methods of interactive learning.

Camerata Salzburg Orchestra with violin virtuoso Renaud Capuçon and the world’s foremost harpist Xavier de Maistre confirmed for Abu Dhabi Classics 2018/2019 season
The highly anticipated Abu Dhabi Classics new concert season of cultural harmony, will bring a dynamic and diverse programme of classical and traditional music to the Capital.

SCA Approves Regulatory Control Of Fintech
Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the Securities and Commodities Authority (SCA), has issued a resolution approving the regulatory control of Fintech.

Net Income Of Abu Dhabi Banks Amounts To AED16.6 Billion In H1 2018
The net income of commercial and Islamic banks operating in the emirate of Abu Dhabi amounted to AED16.6 billion during H1 of 2018, a growth of 8.4 percent over the corresponding period last year.

UAE Marks International Vulture Awareness Day
The United Arab Emirates joined countries around the world recently to celebrate the International Vulture Awareness Day.

Al Jazira Sports And Culture Club Announces Appointment Of Nick Garcia As Group CEO
The Board of the Al Jazira Sports and Culture Club (JSCC) has announced that Nick Garcia has been appointed as Group Chief Executive Officer. In his role, Nick will oversee all club activities and report directly to the JSCC Board Executive Committee.

Charity Works, Initiatives Stepped Up In Year Of Zayed: Hamdan Bin Zayed
The UAE, under the wise leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has perpetuated the culture of giving and dedicated its resources to humanitarian and charitable works, said H.H. Sheikh Hamdan bin Zayed Al Nahyan.

Abu Dhabi Says ’KONICHIWA’ To Animania Next Month
Anime is Japanese animation characterised by colourful graphics, vibrant characters and fantastical themes, while manga are comics created in the Japanese language.

Over Half A Million Business Licenses Issued By End Of August
According to the Ministry of Economy’s statistics, the emirates of Abu Dhabi and Dubai accounted for around 85 percent of the licenses issued by the end of August, namely 453,000.

Non-Resident Deposits At AED61 bn From January To July This Year
The growth in non-resident deposits with local banks reflected the high confidence in the banking system whose indicators yielded significant positive results since the beginning of 2018.

Abu Dhabi-Oman Bilateral Trade Increased By 54.5% In Five Months
The registered trade between Oman and Abu Dhabi from January to May 2018 accounts for 56.6 percent of the total trade between the two sides in 2017, according to official figures.

Etihad Airways To Enhance Customer Experience Through Cloud Technology
Etihad Airways has partnered with Farelogix Inc. to enhance its merchandising and distribution capabilities.

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