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FAB Reports 3Q Net Profit Of AED3 bn, Up16% Year-On-Year According to FAB financial statement, the group posted a net profit of AED 9.1 billion, up 12 percent year-on-year; annualised Earning Per Share (EPS) at AED 1.07; third quarter earnings at AED 3.0 billion, up 16 percent year-on-year.
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Mercer Expands Footprint In Fast-Growing Middle East Region With The Official Opening Of New Office In Abu Dhabi Mercer, a global consulting leader in advancing health, wealth and career and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), today announced that it has expanded its footprint in the Middle East with the opening of a new office in the capital of the United Arab Emirates.
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Etisalat Partners With Musanada For New Al Ain Hospital Project Etisalat has entered into a strategic partnership with Abu Dhabi General Services (Musanada) to provide end-to-end ICT solutions for the new Al Ain Hospital.
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Louvre Abu Dhabi unveils new acquisitions, loans The new acquisitions will join the 657 artworks on display along the permanent collection of Louvre Abu Dhabi.
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Abu Dhabi Gears Up To Host Second Edition Of Agriscape From 29 To 30 October 2018 The second edition of Agriscape, the international exhibition dedicated to agricultural investments abroad, will run from 29 to 30 October 2018 under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan.
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ADM Launches Digital Geological Maps For Building Permits Abu Dhabi City Municipality has launched a sophisticated project comprising a smart electronic system for soil database. This Geospatial Information Management System (GIMS) system contains all geotechnical, geophysical, hydrological and environmental data.
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Abu Dhabi Sets Two Guinness World Records In Support Of Cancer Awareness Abu Dhabi has set two Guinness World Records in fighting breast cancer. The achievement came in the following categories: the longest awareness ribbon.
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Abu Dhabi National Takaful Announces AED4.4 Million Cash Returns For Family Policyholders Abu Dhabi National Takaful Company has announced Surplus Distribution (cash returns) for its eligible individual and corporate family takaful policyholders for the year 2017 indicating a profitable year-on-year performance by the company.
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Team Abu Dhabi Win UIM XCAT World Championship Title The UAE snatched the UIM XCAT World Championship title after Team Abu Dhabi 4’s Shaun Torrente and Faleh Al Mansoori hit the front with 213 points at the concluding round of the championship which ran here. Dubai Police came second with 204 points and Abu Dhabi 5 third with 184 points.
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Abu Dhabi Commercial Bank Reports Nine Month 2018 Net Profit The Bank continues to focus on creating sustainable value for all our stakeholders through economic cycles within a robust governance and risk framework.
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Inaugural Edition Of Abu Dhabi International Boat Show Ends On A High Note The final day of this event saw a host of scheduled events and interactive sessions for attendees, along with training and preparatory session on various aspects of water related activities and hobbies such as, sailing and fishing.
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Abu Dhabi Fund For Development Delegation To Mauritius Evaluates US$10 Million Project A delegation from Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the International Renewable Energy Agency (IRENA), the global platform for international cooperation on renewable energy.
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UAE Minister Of State For Food Security Visits Agthia’s Flour And Animal Feed Facility Grand Mills And Discusses Initiatives Of Developing Fish Feed Production Line In The Country During the meeting, Her Excellency discussed the need for a fish production line because of its direct impact on the production and quality of fish, and it accounts for 50 to 70% of the production costs in fish farming establishments.
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UAE, Italy Sign MoU To Increase Business Opportunities Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian Export Credit Company (CDP Group), have signed a Memorandum of Understanding to enhance business opportunities between the UAE and Italy.
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Pioneering edition of Abu Dhabi International Boat Show continues with strong run of visitors on its third day As many as 270 exhibitors from 25 countries, as well as leading manufacturers, ship builders and marine companies from the UAE, are making their presence felt at the event.
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Abu Dhabi Ports collaborating with MSC Mediterranean Shipping Company The innovative solution provides a seamless and secure link between stakeholders across the trade community using the electronic ledger system.
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Abu Dhabi Municipality launches digital geological maps for building permits The Abu Dhabi City Municipality has launched a Geospatial Information Management System, GIMS, a sophisticated smart electronic system for soil database.
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Abu Dhabi International Boat Show 2018 features exclusive launch of luxury yachts for the first time globally The 31,000 square meter ADNEC marina came alive with the sights and sounds of the much-awaited event, as a range of watersport and leisure marine activities kept everyone entertained.
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Incredible Firework Displays and Soon-to-be-Unveiled Headline Concert to Close out Record-Setting Year Abu Dhabi will usher in the new year with an incredible display of fireworks, star-studded musical events and a host of inspiring experiences.
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Nahyan Bin Zayed Opens Abu Dhabi International Boat Show Organised by ADNEC, the show welcomed exclusive local and international commercial delegations, officials, VIPs and local and international media.
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AED12.2 bn Worth Of Letters Of Credit Issued By UAE Banks In Eight Months The growth in the use of these letters reflects the momentum witnessed across non-oil sectors since the beginning of the year following the state of lull that prevailed in the wake of the deceleration that hit the global economy.
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Abu Dhabi Airports, Cisco To Take Capital’s Airport Into New Era Of Digitisation The agreement highlights Cisco’s commitment to collaborate with Abu Dhabi Airports Company on its vision to build the airport of the future by delivering world class airport services and infrastructure.
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FAB Wins Safest Bank In Middle East For 2nd Consecutive Year First Abu Dhabi Bank, FAB, has been named "Safest Bank in the Middle East" for second year running at Global Finance magazine’s Best Banks Awards. FAB was also recognised as one of the ’World’s 50 Safest Banks’, and one of the ’World’s 50 Safest Commercial Banks’ for 2018.
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FTA Simplifies VAT Refund Procedures For UAE Nationals Building New Residences Khalid Ali Al Bustani, the Director-General of the Federal Tax Authority, FTA, has announced that procedures to reclaim Value Added Tax, VAT.
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Etihad Airways And No1 Lounges Introduce ’The House’ To Australia Etihad Airways has named Sydney and Melbourne as the next airports in the global rollout of new lounge brand ’The House’, recently launched by the airline in partnership with No1 Lounges.
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