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UAE Central Bank announces M1 increases to AED472.6 billion The Central Bank has announced that the Money Supply aggregate M1 increased by 0.04%, from AED472.4 billion at the end of October 2016 to AED472.6 billion at the end of November 2016.
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Celebrates New Year’s Eve With Exclusive "Evolution Of Dance" Performances from Across The world At Yas Mall Yas Mall, the leading destination for shopping, dining and entertainment, today announced an exciting programme of events to mark the New Year Eve.
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Etihad Airways, Montenegro Airlines Sign Codeshare Agreement Etihad Airways, the national airline of the UAE, and Montenegro Airlines, the flag carrier of the Republic of Montenegro, have signed a codeshare agreement that provides travellers with enhanced connectivity when flying between Southeast Europe and the Middle East.
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Abu Dhabi Chamber of Commerce to open representative office in Serbia next year The Abu Dhabi Chamber of Commerce and Industry will open a representative office in Belgrade in 2017 to help Emirati investors and businessmen who seek to invest in vital sectors in Serbia.
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Abu Dhabi Fund For Development Conducts Exploratory Meeting With Government Of Maldives His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), welcomed the non-resident Maldivian Ambassador to the UAE, His Excellency Abdullah Hamid, to discuss renewed UAE-Maldives bi-lateral relations.
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Melbourne City FC’s First Ever Trophy Arrives In Abu Dhabi Young players at City Football Schools in Abu Dhabi got their hands on a famous trophy in the form of the FFA Cup won by Melbourne City FC in Australia.
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Central Bank Approves Requests Of A Number Of Banks To Expand Activities And Open New Branches The Board of Directors of the Central Bank of the UAE has approved a number of applications of banks and other financial institutions working in the UAE to expand their activities and open new branches.
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Bawadi Mall Launches Special Winter Offers And Entertainment Bawadi Mall, one of the prominent tourism destinations in Al Ain, continues its special winter offers by launching a series of performances that will continue until 30 December.
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Al Wahda Mall Spreads Festive Cheer In The Mall And Beyond Al Wahda Mall, an Iconic landmark & favorite shopping destination located in the heart of Abu Dhabi city, is activating new and unique activations at its premises to spread good cheer and convey the season’s greetings this Festive season. Activated from the 18th of December.
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Gulf Capital Closes Its Second Private Debt Fund Above Its $250 Million Target Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, today announced the successful final close of its second private debt and mezzanine fund, Gulf Credit Opportunities Fund II, over its target cover of US$250 Million (AED925 million).
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Second Abu Dhabi Competitiveness Report 2016 launched Due to the dramatic drop in oil prices in 2014, the decline in the emirate’s growth expectations is inevitable, but such decline is expected to be mitigated by the contribution of non-petroleum commodities sectors which will reduce the impact of the decline in oil prices.
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Foreign Investors Acquire AED2.97 Billion Worth Of Shares On ADX The value of shares bought by foreign investors registered at the Abu Dhabi Securities Exchange in November 2016, amounted to AED2.97 billion, constituting 48.3 per cent of the total trading value.
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Masdar Launches 5th International ’Engage’ Blogging Contest Abu Dhabi’s renewable energy company, Masdar, has launched its fifth annual international ’Engage’ blogging contest ahead of the Abu Dhabi Sustainability Week, ADSW, 2017, in January.
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Emirates Islamic and Emirates Foundation join forces to support youth development and boost talent pipeline in UAE Emirates Islamic and Emirates Foundation have joined forces to identify, attract, and develop critical talent to support the growing need for qualified youth in the private sector, particularly the banking industry.
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Gulf and Indian Ocean Hotel Investors Summit Announces Speakers for Second Annual Conference in Abu Dhabi The Gulf and Indian Ocean Hotel Investors Summit will bring together 70 speakers, including 36 hospitality industry CEOs.
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Contest Launched To Encourage Students Creative Thinking To ’Recycle And Innovate’ The event was targeted for students across the country with the objective of building awareness around a sustainable environmental friendly lifestyle, while encouraging creative thinking towards new recycling means and approaches.
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ADNOC Distribution expands presence in Abu Dhabi’s Khalifa City ADNOC Distribution has consolidated its service station network in the emirate of Abu Dhabi with the opening of the Khalifa City-South service station.
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MoHRE to begin processing applications for recruitment of domestic workers in Dubai from Q1, 2017 Ministry of Human Resources and Emiratisation will begin receiving and processing applications for the recruitment and employment of domestic workers in the Emirate of Dubai in the first quarter of 2017.
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Masdar to present new technologies at Abu Dhabi Sustainability Week 2017 Abu Dhabi’s renewable energy company Masdar will present technical data from an innovative pilot programme that could pave the way for the commercial adoption of seawater desalination powered by clean energy.
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UAE provided AED32.34 billion in foreign aid in 2015 The UAE has provided AED32.34 billion (US$8.8 billion) in foreign aid during 2015, according to the Ministry of Foreign Affairs and International Cooperation.
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More heritage shows at Al Dhafra Festival expected to attract UAE residents, outsiders The camel milk competition, inspired by the ancient Bedouin tradition of keeping and caring for camels, was the first contest to open at the Al Dhafra Festival, taking place in the Madinat Zayed’s desert, in the Western Region of Abu Dhabi Emirate, from 13th to 29th December.
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NBAD Closes Syndication Of $2bn Loan The National Bank of Abu Dhabi, NBAD, has successfully closed the syndication of its US$2 billion club loan facility with a large oversubscription.
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GuestPosts.Biz Offers A Platform for Bloggers to Publish Guest Posts and Text Links Google cares about who you link to from your site and the quality of that website’s content. Guest posts and text links are considered to be the best and most reliable methods to create high quality.
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Central Bank Hikes Interest Rates On Certificates Of Deposits The Central Bank of the UAE, CBUAE, has announced that, as of today, Thursday, December 15th, 2016, it has raised interest rates applied to its Certificates of Deposits in line with the increase in the interest rates on US Dollar.
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Al Maryah Island Announces New Year’s Eve Music And Fireworks Spectacular Al Maryah Island has partnered with Platinum Records to usher in 2017 with a star-studded music spectacular. Visitors will be entertained by Emirati star, Hussain Al Jassmi, Egyptian pop icon, Mohamed Hamaki, and Palestinian singing sensation.
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