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ABU DHABI NEWS

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AED300.5 billion in credit facilities to realty, construction sector by end of Q1
Up to AED300.5 billion in bank credit facilities was provided to the realty and construction sector in the UAE by the end of Q1 2018, a growth of 12.5 percent of from AED267.02 billion in the same period in 2017.

Abu Dhabis landmarks bathed in green lights in support of UAE-Saudi Strategic Partnership
Key landmarks in the UAE capital were bathed in green lights and colour in support of the maiden meeting of the Saudi-Emirati Coordination Council.

FAB receives CMA approval to cancel its license to market non-Omani securities in Oman
First Abu Dhabi Bank (FAB) has received approval from the Capital Market Authority, Sultanate of Oman on its request to surrender its license to market non-Omani securities in Oman.

NGAD Launches ’Made In The UAE’ Landmark Film Showcasing Unilever Local Manufacturing
National Geographic Abu Dhabi, NGAD, in partnership with Abu Dhabi media announced today the launch of its latest film ’Made in the UAE’ which highlights the rise of the UAE’s industrial economy through spotlighting global leaders such as Unilever’s local manufacturing production in Dubai.

Vnesheconombank Opens Its Representative Office In Abu Dhabi
VEB has opened its representative office in Abu Dhabi, the United Arab Emirates. The new representative office has obtained all necessary permits, a commercial license and a registration certificate, and now is ready to operate.

Aldar To Commence Handover Of West Yas Villas This Month
Aldar Properties PJSC (’Aldar’) is pleased to announce that handovers of villas within its West Yas community will commence this month. The handover process will be undertaken in phases, the first of which incorporates 300 villas, and continue throughout the remainder of 2018.

Abu Dhabi hosts first meeting of ’UAE-Russia Industrial, Technological and Scientific Cooperation Team
Both sides welcomed the launch of the activities of the team, which is the realisation of an agreement signed by the UAE and Russian governments on 17th December, 2017.

Mohamed bin Zayed Approves AED 50 Billion Economic Package, 10 Economic Initiatives
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Chairman of Abu Dhabi Executive Council, has approved an AED 50 billion economic stimulus package for Abu Dhabi.

National Geographic Abu Dhabi Launches Planet Or Plastic? Global Campaign In MENA
As part of its ongoing commitment to addressing pressing environmental issues such as the growing amount of single-use plastic in the world’s oceans, National Geographic Abu Dhabi (NGAD) announced the launch of its global ’Planet or Plastic?’

Abu Dhabi And Hong Kong To Advance Financial Innovation
Abu Dhabi Global Market, ADGM, the International Financial Centre in Abu Dhabi, and the Hong Kong Securities and Futures Commission, HK-SFC, have entered into a cooperation agreement to jointly promote and support financial services innovation in the UAE and Hong Kong.

Abu Dhabi Airports Initiates Heat Stress Awareness Campaign
The program, which takes course until September, features Arabic, English, Urdu and Hindi training sessions across the Abu Dhabi International Airport, Al Ain International Airport and Al Bateen Executive Airport.

Department Of Culture And Tourism Abu Dhabi Announces 24-Hour Eid Mall Mega Sale And Abu Dhabi Summer Season Programme
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) has announced details of both the upcoming Eid Fest celebrations and the annual Abu Dhabi Summer Season; two marquee events for the emirate which aim to attract more overseas visitors to the UAE capital .

More Than Half Of The UAE Smartphone Users At Risk Of Losing Precious Photos And Videos
Aldar Properties PJSC (’Aldar’) is pleased to announce that handovers of villas within its West Yas community will commence this month. The handover process will be undertaken in phases, the first of which incorporates 300 villas, and continue throughout the remainder of 2018.

If You Can Dream It, You Can Do It, Say NASA’s Astronaut Twins At Mohamed bin Zayed Majlis
Impressed by the planning that has gone into UAE’s Mars mission, the NASA’s Kelly brothers said they looked forward to UAE having its own astronauts soon.

Abu Dhabi Fund For Development Marks Zayed Humanitarian Work Day With Expert-led Seminar
The seminar was headlined by distinguished panel lists including His Excellency Ahmed Shabib Al Dhaheri, Secretary General of the Federal National Council (FNC), and Saeed Al Falahi, poet and personal companion of the late Sheikh Zayed.

Mohamed bin Zayed Launches Four Social Initiatives In Abu Dhabi
Sheikh Mohamed has ordered the launch of the Abu Dhabi Social Support Programme that aims at enhancing living standards and dignified life of the UAE citizens while the Executive Committee of the Executive Council will prepare a detailed programme of assistance.

Fifteen Abu Dhabi Industrial Facilities Worth AED492 mn Enter Production In Q1
Fifteen industrial facilities entered production in the Emirate of Abu Dhabi during Q1 2018, an increase of 275 percent from the corresponding period last year, says a report by the Industrial Development Bureau (IDB), an affiliate of Department of Economic Development (DED).

ADIB Launches 100% Capital Protected Cloud Technology Equities Basket Note
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has successfully launched a 100% capital protected cloud technology equities basket note, designed to capture the growth in the cloud computing industry.

ADGM Reglab Attracts Record Number Of Applications For Its 3rd Cohort
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has successfully concluded its 3rd round of applications for its Regulatory Laboratory (Reglab) programme with a total of 36 local and international.

Minister Of Community Development Emphasises UAE Role As Global Humanitarian Aid Hub
Hessa bint Essa Buhumaid, Minister of Community Development, has highlighted the special significance of this year’s Zayed Humanitarian Work Day, which coincides with the Year of Zayed.

FAB appoints new Country CEO for UK operations
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has appointed Paul Hartwell as Chief Executive Officer (CEO) of the bank’s operations in the United Kingdom (UK), subject to regulatory approvals.

Abu Dhabi Airports To Participate In 142nd IATA Slots Conference
Abu Dhabi Airports announced today that it will be taking part in the 142nd IATA Slots Conference in Vancouver, Canada to open and enhance links within the aviation industry.

Musanada: Al Maqtara-Hamim Road Improvement Project Underway
Abu Dhabi General Services Company, Musanada, is set to complete and deliver the Al Maqtara-Hamim Road Traffic Safety Improvement Project by January 2019.

ADNOC To Support Over 1 Million People In UAE During Ramadan
The Abu Dhabi National Oil Company, ADNOC, today announced that it expanded its annual Ramadan activities, committing to provide more than one million community members with food, water and power, helping to enhance Muslims’ lives during the Holy Month of Ramadan.

MOEI and EWS-WWF release list of top ten policy priorities for UAE to achieve its 2050 renewable energy target
The UAE Ministry of Energy and Industry (MOEI) and Emirates Wildlife Society in association with WWF (EWS-WWF) today released a joint report highlighting which innovative policies, incentives.

Abu Dhabi Ports Launches Blockchain Technology For Trade Community
Maqta Gateway, an Abu Dhabi Ports subsidiary, is the first Abu Dhabi entity to develop and launch its own blockchain technology, named Silsal.

2926 Students Enrolled For The 2018 Summer Semester At Zayed University
A total of 2926 students are currently enrolled in Zayed University’s 2018 summer semester, which began in Abu Dhabi and Dubai last Thursday, June 28 and coincides with the holy month of Ramadan.

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