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ABU DHABI NEWS

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Banking Sector Sees AED25 Billion Surge In New Savings Deposits Over 12 Months, Marking 10% Growth
The local currency, the dirham, accounted for the largest share of savings deposits, about 82 percent or AED222.01 billion, while the share of foreign currencies amounted to 18 percent or AED48.4 billion.

AD Ports Group, General Company For Ports Of Iraq Sign Preliminary Agreement To Develop Al Faw Grand Port, Economic Zone
Under the terms of the agreement, both parties will establish a joint venture to develop Al-Faw Grand Port and its economic zone, as well as any future expansion.

ADAFSA Hosts 7th FERG Meeting To Tackle Global Foodborne Disease
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) hosted the 7th Meeting of the World Health Organisation’s (WHO) Foodborne Disease Burden Epidemiology Reference Group (FERG) in Abu Dhabi.

Crown Prince Of Abu Dhabi Receives Crown Prince Of Dubai
Their Highnesses and accompanying guests offered prayers for the enduring health and wellness of our leadership on this occasion, and to uphold the blessings of security, stability, and ongoing prosperity of our nation, under the guidance of President His Highness Sheikh Mohamed bin Zayed Al Nahyan

UAE’s Humanitarian Legacy Explored In Latest Majlis Mohamed Bin Zayed Lecture
H.H. Sheikh Khalid bin Zayed Al Nahyan, Chairman of the Board of Zayed Higher Organisation for People of Determination, attended the concluding lecture of this year’s Majlis Mohamed bin Zayed Ramadan series, titled The UAE’s Humanitarian Legacy.

ADX Witnesses Three Direct Deals On Abu Dhabi Hotels Worth About AED135.7 Million
The Abu Dhabi Securities Exchange (ADX) saw three large direct deals executed on the stock of Abu Dhabi National Hotels Company today.

Department Of Community Development Announces Achievements Of Volunteer Work In Abu Dhabi During 2023
The Department of Community Development - Abu Dhabi (DCD), the regulatory authority overseeing the social sector in Abu Dhabi, has revealed the remarkable achievements of volunteer efforts in 2023.

Abu Dhabi Gas Safety Committee Concludes Review Of Its Final Report Related To LPG Systems Safety In Emirate
The Abu Dhabi Gas Safety Committee concluded the review of its final report, which included the most important results achieved during its six-month operation.

AD Ports Group, Archireef Deploy Eco Sea Wall Panels In Saadiyat, Al Aliah Islands
The Eco Sea Wall Panels, which are made from nature-based materials including oyster shell powder, are installed as proof of concept across two sites in Saadiyat Island and Al Aliah respectively in partnership with Abu Dhabi Maritime, who are developing and managing the terminals.

UAE Continues Its Humanitarian March On Zayed Humanitarian Day
This year’s commemoration comes amid a series of testimonials underscoring the enduring impact of the founding leader’s humanitarian vision and his remarkable acts of kindness, which remain integral to the UAE’s values.

Zayed Housing Programme Issues 4,334 Housing Decisions In 2023, Worth AED3.34 Billion
Sheikh Zayed Housing Programme has announced that 4,334 decisions were made in 2023 valued at AED3.34 billion. These included 3,015 housing finance decisions at AED2,380,551,000 and 1,025 housing grants at AED682,300,000.

Mubadala Invests In Avanse Financial Services To Support Academic Dreams In India
This investment marks Mubadala’s first in the financial services sector in India and is part of a plan to double the company’s exposure in Asia by 2030.

ISAM Applauds Law Regulating Rehabilitation And Correctional Centres In Abu Dhabi
The law complements transferring the management of the emirate’s punitive and correctional establishments from the Abu Dhabi Police General Headquarters to the Abu Dhabi Judicial Department, which has been effective since January.

Etihad Cargo, Astral Aviation Celebrate Inaugural Flight Strengthening Abu Dhabi-Nairobi Connection
This flight marked the commencement of a promising collaboration following the Memorandum of Understanding (MoU) signed between the two carriers to expand Etihad Cargo’s reach into the African market.

ADJD Releases Upgraded App Offering Advanced Legal Services
The Judicial Department has made great strides in implementing the requirements of digital transformation in line with the objectives and priorities of its Strategic Plan, as well as those of its programmes and projects focusing on technical development and smart services.

Abu Dhabi extends 10% tourism tax waiver on events


World Water Day Is Opportunity To Focus On Sustainable Water Management
Ahmed Al Kaabi, Assistant Undersecretary for Electricity, Water, and Future Energy Sector at the Ministry of Energy and Infrastructure (MoEI), highlighted that World Water Day is an opportunity to focus on sustainable water management.

ENEC, General Atomics To Collaborate On Integration Of Advanced Materials With Nuclear Technologies
The Emirates Nuclear Energy Corporation (ENEC) today announced that it has signed a Memorandum of Understanding (MoU) with General Atomics (GA), a leading US advanced technology solutions company to collaborate on using advanced technologies and materials for nuclear energy supply.

ZHO Stresses Importance Of Early Intervention To Rehabilitate People With Down Syndrome
Zayed Higher Organisation for People of Determination (ZHO) emphasised the importance of empowering individuals with intellectual disabilities, specifically those with Down syndrome, to help them reach their full potential, enabling their integration into society.

NCM Highlights Efforts To Address Water Security Challenges
Dr. Abdulla Al Mandous, Director-General of the National Center of Meteorology (NCM) and President of the World Meteorological Organisation (WMO), said that reliable water resources are a critical factor for the security of nations, communities, and agriculture.

ADREC Reports AED87.1 Billion In Real Estate Transactions In 2023
The Abu Dhabi Real Estate Centre (ADREC), a dedicated affiliate of the Department of Municipalities and Transport (DMT), reveals a record-breaking total of around AED87.1 billion in real estate transactions for 2023.

Hamed Bin Zayed Honours KU Professor For Efforts Leading To El-Maarry Asteroid Naming By IAU
H.H. Sheikh Hamed bin Zayed Al Nahyan, Chairman of the Khalifa University Board of Trustees, has acknowledged the contributions of Dr. Mohamed Ramy El-Maarry, for having an asteroid named after him and his contributions to the field of astronomy.

Bloomberg Launches New Murban Crude Oil Index
Bloomberg has announced a new Bloomberg Commodity Murban Crude Oil Index, aimed at tracking the performance of rolling futures on Murban Crude Oil.

DCT Abu Dhabi Announces Comeback Of Ramadan Arcade At Manarat Al Saadiyat
Ramadan Arcade became the go-to event for many of Abu Dhabi’s youth and residents, embracing the spirit of community and togetherness during the holy month.

Muslim Council Of Elders Dispatches Religious Missions Worldwide To Promote Peace And Tolerance
As part of its commitment to fostering peace and advocating for values of dialogue, tolerance, and mutual coexistence, the Muslim Council of Elders has, for the first time this year, dispatched several religious missions to various countries.

ASEAN Committee Holds First Meeting In Abu Dhabi
For their part, ASEAN Ambassadors in the UAE commended the meeting and highlighted the important role of the Committee in driving cooperation between the two sides.

MBZUAI Launches 5 New ’First-Of-Its-Kind’ Specialised Language And Multimodal Models
The IFM was launched last year to bring together top AI scientists, engineers, and practitioners to develop large-scale, broad-utility, and efficient AI models with the capacity to be adapted to a wide range of downstream, sustainable applications.

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