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ABU DHABI NEWS

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Tawazun Strategic Development Fund Launches Its New Venture Debt Program For AED 700 Million
Tawazun Strategic Development Fund, previously known as the Defense and Security Development Fund - the investment arm of Tawazun Economic Council - today announced the launch of the Venture Debt Program in partnership with each of the following banks.

Baker Hughes Opens New Wellhead Facility In Abu Dhabi
Baker Hughes announced today the opening of its new wellhead facility in Abu Dhabi, in partnership with its local channel partner, Al Ghaith Oilfield Supplies and Services.

Hub71, Saudi Arabia’s Misk Foundation Sign MoU For Cross-Market Access Into KSA, UAE
Hub71, Abu Dhabi’s global tech ecosystem, has signed a Memorandum of Understanding with Misk Foundation - during the three-day Misk Global Forum in Riyadh - that outlined steps towards creating a more dynamic market for startups between the UAE and Saudi Arabia.

Khalid Bin Mohamed Bin Zayed Tours Mangrove Walk, Modon’s First Lifestyle Destination
HH Sheikh Khalid Bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, toured Mangrove Walk project.

ADNOC To use Drones In Search For New Oil And Gas Resources In Partnership With Total
The Abu Dhabi National Oil Company, ADNOC, in collaboration with France’s Total, is to deploy drones and unmanned vehicles to collect 3D seismic data as it expands its search for new oil and gas resources throughout the emirate of Abu Dhabi.

Sorbonne Abu Dhabi Theatre Hosts Flamenco Show
The Sorbonne University Abu Dhabi, SUAD, has hosted a concert featuring the renowned flamenco artist Rocio Marquez last night at the Zayed Theater, in cooperation with the Embassy of Spain in the UAE.

Intercontinental Exchange To Launch New Exchange In Abu Dhabi Global Market (ADGM) To Host World’s First Murban Crude Futures Contracts
Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that it will launch a new exchange, ICE Futures Abu Dhabi (IFAD).

Abu Dhabi Islamic Bank Reports 5.2 Percent Increase In Q3 Net Profit To AED620 Million
Abu Dhabi Islamic Bank reported on Sunday a 5.2 percent increase in Q3 net profit to AED620 million from AED589 million in the same period last year as revenues rose.

New Exchange Launched In Abu Dhabi Global Market To Host World’s First Murban Crude Futures Contracts
Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that it will launch a new exchange.

The Department Of Community Development Launches ’Get Fit Abu Dhabi’
Prioritizing community development, life improvement and empowerment, the Department of Community Development announces the launch of ’Get Fit Abu Dhabi’, a pioneer initiative aiming to uplift healthy lifestyle through a series of ongoing health-driven community events across Abu Dhabi.

Four AED167.1 Million Kindergartens Being Built In Abu Dhabi And Al Ain
According to Musanada, the four kindergartens are set to accommodate up to 1,440 male and female pupils, 360 for each KG, and will be built-up on an area of over 40,000 square metres at a total cost of AED167.1 million.

Abu Dhabi International Airport Holds Its 3rd Foreign Object Debris Pickup Walk
Abu Dhabi International Airport (AUH) held its 3rd Foreign Object Debris (FOD) pickup walk, on Monday, 28 October 2019. The activity raised awareness of aviation safety and security standards among airport staff, ensuring the safe ongoing operation at the airport.

Emirates Steel to showcase range of steel products, services and solutions tailored for the energy sector at ADIPEC 2019
The steel producer sold 550,000 tons of product to the oil & gas industry in the last three years.

Gaming addiction a worldwide phenomenon
Academics and Clinicians meet to discuss the health conditions associated with excessive use of the Internet and other communication and gaming platforms.

Abu Dhabi Fund for Development Allocates AED37 Million Funding for South Sudan Hospital
60-bed Gudele General Hospital to cater to capital Juba, neighbouring areas.

Italy’s Leading Energy Innovators Calls to Create Partnerships at ADIPEC 2019
Manufacturers of the latest design and technology solutions for the oil and gas sector will be at the upcoming oil and gas exhibition.

Department Of Community Development - Abu Dhabi Expresses Inclusion Commitment
The Department of Community Development - Abu Dhabi is participating in the AccessAbilities Expo to express its commitment for the inclusion of People of Determination.

Sanad Aerotech Set To Drive Manufacturing Best Practices In The Aviation Sector At The Joint UAE-UNIDO Exhibition
Sanad Aerotech, a leading Abu Dhabi-based business providing maintenance, repair and overhaul (MRO) for aircraft engines and gas turbines, has been announced as a sponsor of the ’Industry 4.0’ Hub.

Yas Marina Circuit Announce Paddock Club And Almost All Grandstand Tickets Are Sold Out
Time is running out for those race fans wishing to purchase tickets for the FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX 2019, with 17 ticket categories including Paddock Club and North Grandstand Premium, now sold out.

Technology Innovation Pioneers Award Launched
Abu Dhabi Department of Energy, DoE, and Abu Dhabi Department of Economic Development, ADDED, have announced the launch of the Technology Innovation Pioneers Award, EnergyTech.

Thuraya MarineStar Offers Game-Changing Voice, Tracking And Monitoring In A Single Flexible Product
Thuraya has responded to strong demand from the maritime sector and distributors by launching the MarineStar, its best in class, affordable maritime voice solution with advanced two-way tracking and monitoring capabilities.

Manufacturing Contributes 12.1 Percent To Abu Dhabi’s Non-Oil GDP
The manufacturing activities contributed 12.1 percent to Abu Dhabi’s non-oil GDP in 2018, ranking first among 17 major activities, according to a top official in the UAE capital..

Medical Tourism Conference Enjoys Record Success After Relocation To Abu Dhabi
The Medical Tourism Association has successfully hosted its 12th World Medical Tourism & Global Healthcare Congress (WMTC) in Abu Dhabi since moving the event overseas for the first time.

Strata Sponsors ’Gender Hub’ Of Joint UAE-Unido Exhibition
The United Nations Industrial Development Organization (UNIDO) and Ministry of Energy and Industry, United Arab Emirates today announced that Strata Manufacturing.

Discover America Brings Authentic US Experiences To Abu Dhabi
In partnership with the Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) and 50 local and international partners, the U.S. Embassy in the UAE organised the Discover America campaign from October 15 to 27.

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