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ABU DHABI NEWS

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ADNOC Distribution Ranks No1 Retail Brand In Forbes Middle East Top 100 Companies
ADNOC Distribution has been named the No1. retail brand in the region in the Forbes Middle East Top 100 Companies 2020.

TRA Supports UAE’s Health, Education, Business Sectors By Launching 19 Initiatives
The Telecommunications Regulation Authority, TRA, is cooperating with operators in the telecommunications sector in supporting the UAE’s health, education and business sectors over the past three months.

Ministry Of Tolerance Hosts ’Knowing One Another’ Virtual Forum
This was the first in a series of similar events held under the "Knowing One Another" initiative, which is aligned with the country’s vision and values.

Zayed Higher Organisation Provides Remote Healthcare Services To ’People Of Determination’
The sessions are being provided to patients in Abu Dhabi, Al Ain and Al Dhafra, the organisation said in a statement.

ADSG, Sandooq Al Watan Partner To Develop Exceptional Talent Across UAE
Abu Dhabi School of Government, ADSG, has announced the signing of a Memorandum of Understanding with Sandooq Al Watan, the national social initiative that empowers the citizens and society of the UAE through the provision of opportunities for growth.

26 Banks Availed TESS Liquidity Facility, With 17 Banks Drawing Down 100%: CBUAE
The Board of Directors of the Central Bank of the UAE (CBUAE) held its 6th meeting this year via video conference on Tuesday, June 16, 2020. The meeting took place under the chairmanship of Hareb Masood Al Darmaki, the Chairman of the Board.

Etihad Airways To Recommence Flights To Athens
Etihad Airways will recommence flights from Abu Dhabi to Athens, Greece, effective 24th June. The twice-weekly schedule will be operated on Wednesdays and Saturdays using a two-class Boeing 787-9 Dreamliner.

ADDA, Intel Remotely Sign MoU To Enhance Strategic Partnership
The MoU was signed remotely by Dr. Abdulla Alkendi, Executive Director - Technology & Policies, ADDA, and Taha Khalifa, Intel’s CCG Sales Director, EMEA.

Central Bank Announces M1 Increased By 0.7%
The Central Bank of the UAE, CBUAE, announced that the Money Supply aggregate M1 increased by 0.7%, from AED 560.3 billion at the end of April 2020 to AED 564.3 billion at the end of May 2020.

Ministry Of Finance Announces Implementation Of Procure-To-Pay
The Ministry of Finance, MoF, has announced the successful implementation of Procure-to-Pay, P2P, which facilitates the procurement process and e-approval of purchase orders and requests at various federal entities in the country.

UAE Supports IMO To Promote Gender Balance In Marine Sector
The UAE has urged member states of the International Maritime Organisation, IMO, to take the initiative to enhance gender balance in the marine sector and contribute to supporting the association’s decision.

Abu Dhabi Extends Movement Ban By One Week
The ban covers movements between Abu Dhabi’s regions (Abu Dhabi, Al Ain and Al Dhafrah) as well as in and out of the emirate. It applies to all Abu Dhabi residents, including UAE nationals.

FAB Issues Largest Chinese Yuan Dual Listed Formosa Bonds From MENA Region
First Abu Dhabi Bank, FAB, has announced the issuance of the largest Chinese Yuan, CNH, dual listed Formosa bonds from the MENA region, with a CNH 1.4 billion five-year issuance.

Abu Dhabi International Book Fair Virtual Session Series Concludes
The Abu Dhabi International Book Fair, ADIBF’s, Virtual Session series came to an end last Thursday with an interview with fashion journalist and author Hafsa Lodi about her new book Modesty: A Fashion Paradox.

Abu Dhabi To Host International UNOOSA Project Office
The UAE Space Agency and the United Nations Office for Outer Space Affairs, UNOOSA, held a digital signing ceremony today to discuss the creation of an international UNOOSA project office in Abu Dhabi.

The Department Of Culture And Tourism - Abu Dhabi Sets Guidelines For Cultural Sites To Reopen
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) has issued strict health and safety guidelines and precautionary measures in preparation for the reopening of a number of museums and cultural sites in the emirate.

Abu Dhabi Police Warns Against Leaving Hand Sanitisers In Vehicles In Summer
Abu Dhabi Police, ADP, issued a fresh warning today to remind drivers of the dangers of leaving flammable materials, such as hand sanitisers and cigarette lighters, inside vehicles, in summer.

ADIB Recognized As ’Innovator In Islamic Finance’ By Global Finance Magazine
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, today announced that it has been named an ’Innovator in Islamic Finance’ for 2020 by Global Finance magazine.

DoH, ADPHC Launch Phase 2 Of ’Towards A Healthy And Safe Society’ Initiative
This Initiative sees the cooperation of the Crown Prince Office, Abu Dhabi Councils, Martyrs’ Families Affairs Office, Abu Dhabi Health Services Company (SEHA), Ministry of Education, Zayed Higher Organisation for People of Determination.

Mubadala’s Total Comprehensive Income Reaches AED53 Billion In 2019
Mubadala Investment Company, an Abu Dhabi sovereign investor, today released its 2019 Annual Review, which revealed that the company achieved a total comprehensive income of AED53 billion for the year.

UAE’s Non-Oil Trade To AED1.603 Trillion In 2019
The total value of the UAE’s non-oil trade in 2019 grew 4.4 percent to AED1.603 trillion, compared to AED1.536 trillion in 2018, according to figures revealed by the Federal Competitiveness and Statistics Authority, FCSA, today.

UAE Central Bank Expects Recovery Of Economic Activity In H2 2020
The Central Bank of the UAE, CBUAE, has projected the recovery of economic activity to commence in the second half of the year.

Abu Dhabi Fund For Development And Colombia Explore More Cooperation Opportunities
His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), held a virtual meeting with Her Excellency Marta Lucía Ramírez, Vice President of Colombia.

Movement Ban Between Regions Within Abu Dhabi And In And Out Of The Emirate Extended By One Week
The ban covers movements between Abu Dhabi’s regions (Abu Dhabi, Al Ain and Al Dhafra) as well as in and out of the emirate. It applies to all Abu Dhabi residents, including UAE Nationals.

Abu Dhabi Terminals Signs Strategic Partnership Agreement With ATCUAE
Abu Dhabi is fast emerging as the regional maritime hub for transhipment, logistics and allied services.

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