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UAE Monetary Base Up To AED396.2 bn In May
The UAE Central Bank has announced government deposits increased to AED297.8 billion in January, with monetary deposits and quasi-monetary deposits standing at AED428.6 billion and AED814.1 billion respectively.
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Anarock To Sell Aldar’s Abu Dhabi Properties To Indians
An Indian real estate consultant Anarock has partnered with Aldar Properties to sell housing and commercial assets located in Abu Dhabi to Indian investors.
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First Four Startups Join Abu Dhabi’s Hub71
Following a recent announcement from Ghadan 21 that aims to bolster private sector growth in Abu Dhabi, Hub71 has announced today the strategic decision of four startup pioneers to set up a presence with the majority of their development and engineering capabilities at Hub71 in Abu Dhabi.
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DEX Secures In Principle Approval For Crypto Asset Exchange From ADGM’s Financial Services Regulator
DEX (Digital Assets Exchange) has secured in principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to operate a Crypto Asset Exchange as part of the wider digital asset regulatory ecosystem developed over the past year by the FSRA.
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Sheikh Zayed Book Award To Translate ’The Dinoraf’ Into Three Languages
The agreement follows a signing ceremony held in Abu Dhabi which was attended by Marco Zapparoli, Founding Director of Marcos y Marcos, Ali Al Shaali, Founding Director of Al Hudhud Publishing, the copyright holder of the Arabic version of The Dinoraf, and author Hessa Al Muhairi.
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ADIB Provides Saudi Investors With Financing For Acquisition Of Manchester Property Portfolio
The transaction means that property financing in the United Kingdom arranged through ADIB’s office in Knightsbridge, London, has risen to over AED 850 million, secured against property with an aggregate market value of over AED 1.35 billion.
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UAE Bags 14 Medals At Kazakhstan Jiu-Jitsu Grand Prix
Ten countries, including Brazil, Jordan, Afghanistan, Mongolia and Turkmenistan participated in the international competition, which concluded here today.
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Expats’ Remittances Stand At AED38.41 bn In Q1-2019
Expats’ remittances from the UAE amounted to AED38.41 bn during Q1-2019, according to figures released by the Central Bank of the United Arab Emirates.
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Al Othaim Group opens Xtreme Zone in Abu Dhabi Mall
Abdullah Al Othaim Investment Company has inaugurated Xtreme Zone, in Abu Dhabi mall. Xtreme Zone is considered the latest project of Al Othaim Leisure and Tourism company in the UAE.
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Khalifa Fund Grants Emirati Entrepreneurs Association Financial, Technical Support
The Khalifa Fund for Enterprise Development, KFED, has recently awarded the Emirati Entrepreneurs Association, EEA, with a package of quality support programmes, including financial and technical support.
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Etisalat To Invest AED4 Billion For Network Upgrade In 2019
Etisalat is set to invest AED4 billion in network upgrade in 2019, according to a senior executive.
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Aviation Sector’s Contribution To UAE GDP To Surge To AED323.6 bn By 2030
The national aviation sector’s contribution to UAE’s GDP is projected to surge to AED323.6 bn by 2030, according to the Airport Council International (ACI) World.
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Capital Of SCA-Listed Government Companies Stand At AED190.4 bn
Capital of government companies listed by the Securities and Commodities Authority (SCA) currently stand at circa AED190.4 billion, according to statistics recently released by SCA.
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Fitch Affirms Emirates Development Bank’s Ratings At AA-
"The advanced ratings confirms the bank’s distinctive performance and reflects the achievements it has made across the UAE," said Faisal Aqeel Al Bastaki, CEO of EDB.
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Primary Care Conference Showcases Latest Healthcare Techniques In Abu Dhabi
In collaboration with the Department of Health Abu Dhabi (DOH), the 2nd Primary Care Conference was held today at at St. Regis Hotel Corniche, with more than 150 physicians, nurses, pharmacists and specialists in primary care and family medicine participating.
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Abu Dhabi Hosts 5th Arab-Chinese Political Strategic Dialogue
Abu Dhabi hosted the Fifth Arab-China Political Strategic Dialogue and the 16th meeting of senior officials of the Arab-China Cooperation Forum.
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Gallega Global Logistics Opens Abu Dhabi Facility In KIZAD
Gallega Global Logistics, a UAE-based third-party logistics company, has opened a 325,000 square metre facility in Khalifa Industrial Zone Abu Dhabi (KIZAD) to meet the growing regional demand for automotive supply-chain services.
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ICA Urges Tourists To Avail Of Visa Fee Waiver For Kids Under 18
The Federal Authority for Identity and Citizenship (ICA) has urged tourists to avail of its visa fee waivers provided for kids under 18 who are accompanying their parents to the UAE.
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Primary Care Conference In Abu Dhabi Showcases The Latest In The Healthcare Sector
In collaboration with the Department of Health Abu Dhabi (DOH), the 2nd Primary Care Conference was held today at at St. Regis Hotel Corniche, with more than 150 physicians, nurses, pharmacists and specialists in primary care and family medicine participating.
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Abu Dhabi’s Non-Oil Foreign Trade Up 3.1 Percent From January To March
This was the result of a 37.7 percent increase in re-exports from AED9.5 billion to AED 13.1 billion, while the value of imports and non-oil exports decreased by 7.7 percent and 0.2 percent in the same period.
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Abu Dhabi’s DED Records An Increase Of 63.9% In The Number Of Licenses Issued Compared To The 1st Quarter Of Last Year
He mentioned that the report’s positive results reflect the confidence of businessmen and investors in the economic status of Abu Dhabi that keeps witnessing a continuous growth in both business and financial sectors.
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Abu Dhabi Department Of Energy, IEA To Promote Efficiencies And Capacity Building
The Abu Dhabi Department of Energy, DoE, has signed a strategic partnership with the International Energy Agency, IEA, to promote knowledge exchange and resource development with a focus on training, capacity building and participation in international events and conferences.
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SALT Announces Its Global Thought Leadership Conference In Abu Dhabi
SALT - a global thought leadership forum fostering collaboration at the intersection of finance, technology, and geopolitics - has announced that it will bring the global thought leadership forum to Abu Dhabi later this year in strategic partnership with Abu Dhabi Global Market, ADGM.
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Khalifa University Names Eminent Scholar And Scientist New Provost
Khalifa University of Science and Technology, a research university dedicated to the advancement of learning through the discovery and application of knowledge, today named renowned scholar and chemist Dr. John Derek Woollins as the Provost of the university.
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Emirati Jiu-Jitsu Champs Bag 48 Medals In Abu Dhabi Grand Slam-Moscow
The Abu Dhabi Grand Slam - Moscow, which ran over two days in the Russian capital, saw Emirati Jiu-Jitsu champs bagging 48 medals on the international competition.
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