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UAE Central Banks Announces M1 Decrease To AED500 Billion
The UAE Central Bank has announced that the Money Supply aggregate M1 decreased by 3.3 percent, from AED517.4 billion at the end of April 2018 to AED500.1 billion at the end of May 2018.
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Fluctuations in oil prices do not serve producers and consumers: Al Mazrouei
Fluctuations in oil prices do not serve producers and consumers alike, stated Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy and Industry and President of the OPEC Conference, while addressing the 9th meeting of the Joint Ministerial Monitoring Committee.
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Nahyan bin Mubarak Attends Indian Embassy Yoga Day Celebrations
The Embassy of India in Abu Dhabi, in the presence of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, celebrated the 4th International Yoga Day at the Umm AL Emarat park on 21st June 2018.
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Aldar To Work With Viceroy On Project In Abu Dhabi
Aldar Properties PJSC (’Aldar’) is pleased to announce that it is working with Viceroy Hotel Group (’Viceroy’) on a Viceroy branded property in Abu Dhabi.
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Khalifa Fund Signs MoU With Majid Al Futtaim Hypermarkets To Support Local Entrepreneurs
Khalifa Fund for Enterprise Development has recently signed a Memorandum of Understanding (MoU) with Majid Al Futtaim Hypermarkets LLC as part of its efforts to fuel an entrepreneurial culture of UAE and support Khalifa Fund members.
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Etihad Airways Passes Biennial Iata Safety Audit
Etihad Airways, the national airline of the UAE, has once again successfully passed the biennial IATA Operational Safety Audit (IOSA).
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Abu Dhabi Financial Group’s Agreement to Form A Strategic Partnership With Noble To Enhance And Expand Its Footprint In The Middle East
Unless otherwise indicated, capitalised words and phrases used herein this press release have the meaning provided in the binding restructuring support agreement (the ’RSA’) between, among others, Noble Group Limited (’Noble’) and members of the Ad Hoc Group.
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ADIB Wins Seven EMEA Finance Achievement Awards
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has received an unprecedented sevens awards, across both house and deal categories, at the EMEA Finance Achievement Awards, held in London, UK.
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Fatima bint Mubarak Volunteering Programme Expanded To New Countries
The Fatima bint Mubarak Volunteering Programme kicked-off its second phase of humanitarian works to cover more areas across the world.
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UAE highlights importance of achieving water-related sustainable development goals in Tajikistan
The UAE highlighted the importance of developing and implementing plans to achieve global sustainable development goals, most notably "Goal 6: Clean Water and Sanitation,’ as well as the need for ongoing international cooperation and efforts to sustain water resources.
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Abu Dhabi Airports Opens New Sleeping Facility for Transfer passengers in Terminal 3
Abu Dhabi Airports announced the opening of Aerotel’s new airport transit sleeping facility at the Abu Dhabi International Airport.
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Aldar Appoints Marriott International To Operate Yas Island Hotel
Aldar Properties PJSC (’Aldar’) is pleased to announce that as part of its active asset management strategy for its AED 20 billion real estate portfolio, it has appointed the world’s leading hotel company, Marriott International, to manage one of its most strategically located hotels on Yas Island.
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Mubadala Announces Partnership To Create A World-Leading Aquaculture Company
Mubadala Investment Company has announced its participation in a combined business venture acquiring two European fish farming companies to further advance the agribusiness sector.
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National Poll Shows Strong Support for UAE Peaceful Nuclear Energy Program
An independent national poll on nuclear energy shows the UAE public strongly supports the use of peaceful nuclear energy, with 82 percent of residents in favor of using nuclear energy for generating electricity and 91 percent stating that peaceful nuclear energy is important for the nation.
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Five countries account for 46.6% of Abu Dhabi’s imports during first three months of 2018
Five countries contributed 46.6 percent of Abu Dhabi’s total imports during the first three months of the current year, with Japan leading at AED3.1 billion, followed by Saudi Arabia, the United States, US, India and China.
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ALFAHIM Announces New Three-Year Partnership With UAE Triathlon Federation
The tie-up will see the Abu Dhabi-based conglomerate work closely with the Federation to increase the number of triathlon events held across the UAE, as well as boost the number of Emiratis and residents taking part in sports on a regular basis.
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Alef Education System To Be Implemented In 10 Abu Dhabi Schools
The Ministry of Education, MoE, and Alef Education have signed an agreement to apply the Alef Education Systems in ten Abu Dhabi-based public schools as of 1st September, 2018.
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36 Youth Projects Presented In "Seeds For The Future" Programme Competition
The Telecommunications Regulatory Authority, TRA, represented by ICT Fund, and in cooperation with the Ministry of Education and Huawei, has launched the projects presentation phase of the "Seeds for the Future" 2018 Competition.
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Urban retrEAT, Abu Dhabi’s Exciting New Food Concept, Opens Its Doors In Yas Mall
The wait is finally over - Urban retrEAT, Abu Dhabi’s first food incubator, has finally opened its doors to the general public. The venue is the first of its kind in Abu Dhabi to bring together local food vendors from across the UAE in a fun and quirky space within Yas Mall.
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Over 1.2 Million Worshippers, Visitors Received At Sheikh Zayed Mosque During Ramadan
More than 1.2 million people came from different parts of the world to the Sheikh Zayed Grand Mosque in the capital during the holy month of Ramadan.
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Abu Dhabi Fund For Development Earmarks AED11 Billion To Support Sustainable Development In Ethiopia
Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, allocated an AED11 billion (US$3 billion) economic aid package to the Ethiopian government to support sustainable socio-economic development in that country.
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Nirvana Travel & Tourism Continues To innovate; Adds New Event Management Services To Accommodate Demand
Nirvana Travel & Tourism announced today that it is expanding its portfolio of services to meet the growing demand in the UAE and the GCC region. In addition to its core services of tour management, passenger transportation.
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Strictly Business - How to Start a Small Business in Abu Dhabi
As a business-friendly country, there are many opportunities available to foreign investors and expats to owning and operating a business.
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6-12 Month Term Deposits Surge To Around AED190 Billion By April
The 6-12 month term deposits surged to around AED190 billion during the first four months of the year, a 14.9 growth from AED165.3 billion by the end of 2017.
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Etihad Reduces Losses In 2017
Etihad Airways improved its core operating performanceby 22% in 2017, despite facing challenges including significant fuel cost increases, the entry into administration of its equity partners Alitalia and airberlin, and initial investment ina comprehensive business transformation programme.
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