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Abu Dhabi Municipality Wins ’World Smart City Award’ At Sigfox Congress, Berlin
The Abu Dhabi City Municipality, ADM, has made a new achievement by winning the "World Smart City Award for the Fastest Growing Practices", presented by the German Sigfox Connect Company in Berlin. The awards attracted the participation of 52 countries from all over the world.
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Eleven listed insurance firms post AED805 mn in combined profit in nine months
Eleven listed Emirati insurance companies posted AED805 million in combined profit during the first nine months of 2018, a growth of 18.5 percent from AED681 million during the corresponding period in 2017.
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Finance Conference Speakers Take A More Optimistic View Of Shipping Market Trends
The fourth Maritime Standard Ship Finance and Trade Conference, held at Abu Dhabi’s Sheraton Hotel and Resort, was in many ways very different from the preceding three events in this increasingly popular series.
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FAB Launches AI Analytics Portal For Merchants In Partnership With Al-Futtaim
First Abu Dhabi Bank, FAB, has launched a new portal powered by Artificial Intelligence, AI, and Machine Learning tools to deliver advanced analytics to merchants. FAB piloted the solution with Al-Futtaim, one of the most diversified privately held regional businesses.
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Government Deposits To All-Time High Of AED286 bn
The growth is attributed to rising oil prices, which grew by 35 percent during the past 12 months, reflecting positively on the total assets of the banking sector.
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Programme Of Inaugural Edition Of Al Burda Festival Announced
Set to run on 14th November, 2018, at Warehouse421 in Abu Dhabi, the event will renew the UAE’s commitment to preserving and promoting Islamic art forms and traditions across the globe while encouraging innovation for the future.
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UAE Stocks Gain AED5 bn
The positive mood left the Abu Dhabi Securities Exchange General Index high by the end of today’s session at 5003 points, up 0.63 percent on day, with Dubai Financial Market following suit by 0.74 percent to 2815 points.
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UAE Named World’s 10th Most Dominant Economic, Political Power
The United Arab Emirates ranked 10th on the list of the world’s most dominant economic and political powers in 2018, according to the US News World Report, where US headed the list, followed by Russia, China, UK, Germany, France and Japan, respectively, with Saudi Arabia coming ninth.
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Siemens, Oil And Gas Firms To Tap Undiscovered Data Assets With Digitalization
With its expertise in rotating, electrical, automation, and digital solutions, Siemens is perfectly positioned to help oil and gas customers combine the digital and mechanical worlds, particularly in the context of a changing market landscape.
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Abu Dhabi Securities Exchange Issues Thought Paper On Crypto Assets
Abu Dhabi Securities Exchange, ADX, has announced the issuance of a thought paper on infrastructure for crypto and distributed ledger environment, and financial market infrastructures.
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The Story Of Abu Dhabi And Its People Revealed In Qasr Al Hosn
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) has announced that the newly renovated and restored Qasr Al Hosn Fort, Abu Dhabi’s most significant historic landmark, has been transformed into a museum narrating the history of the emirate.
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Global Ministers And CEOs To Meet In Abu Dhabi At A Time Of Unprecedented Change For Oil And Gas Industry
Major challenges for industry decision-makers include an increasingly complex energy market, historic east-west shifts in global economic power, and a rapid acceleration in technological innovation.
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World Energy Council Organises Workshop In Abu Dhabi
The World Energy Council recently organised a workshop on ’Middle East and Gulf Regional Energy Scenarios’ in the nation’s capital, Abu Dhabi.
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Mobile Subscription Base Expands To 18.4 Million
The subscription base in UAE mobile phone services expanded to 18.4 million subscribers, according to figures released by Etisalat and du.
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Non-Resident Deposits Outstrip Loans By AED63 bn
Non-resident deposits across the UAE’s banking system reported solid growth during the first nine months of the year, with their growth outstripping retail loans provided to non-residents by AED63 bn by the end of Q3.
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Abu Dhabi Consumer Confidence Scores 144 Points In Q2 2018
The levels of prevailing confidence among consumers in the Emirate represent one of the key enablers supporting the business environment and economic performance.
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ADM, Emirates Global Aluminum Ink Stadium Construction Agreement
The initiative is intended to bring happiness to community members, provide a better living experience, promote the values of social responsibility and contribute to the overall sustainable development seen by Abu Dhabi.
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FAB Launches New Brand For Islamic Business
First Abu Dhabi Bank, FAB, today announced that it is launching a new FAB Islamic logo inspired by the FAB Brand Identity, and that its wholly-owned subsidiary Abu Dhabi National Islamic Finance, has changed its legal name to First Abu Dhabi Islamic Finance.
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Zayed Sustainability Prize Judges Select 10 Winners
The jury for the Zayed Sustainability Prize met on Sunday to select the 10 winners of the 2019 awards, across its five categories. The winners will be announced at the Prize’s annual award ceremony, on 14th January 2019, during Abu Dhabi Sustainability Week, ADSW.
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Gulf Capital Announces The Sale Of Destinations Of The World To Webjet Limited, A World Leader In B2B Travel, For US$173 Million, Resulting In An IRR In Excess Of 15%
Gulf Capital, one of the largest and most active alternative asset management firms in the Middle East, is pleased to announce that it has entered into an agreement to sell Destinations of the World ("DOTW") to Webjet Limited ("Webjet").
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Positive Economic Performance In Abu Dhabi During Q2
The results of the macroeconomic and sectoral indexes reflect a positive economic performance in Abu Dhabi, particularly at the level of non-oil activities, during Q2 of 2018, confirming rising levels of investor confidence and business optimism about the emirate’s economic outlook.
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Dubai - Al Ain Road Renamed After Tahnoun Bin Mohammed
As per the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Dubai - Al Ain Road was renamed after H.H. Sheikh Tahnoun bin Mohammed Al Nahyan, Abu Dhabi Ruler’s Representative in Al Ain Region.
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NYU Abu Dhabi Institute Announces November Line-Up Of Public Events
The NYU Abu Dhabi Institute (The Institute) is pleased to announce an exceptional program of talks and screenings free of charge and open to the public throughout the month of November, as part of its tenth anniversary celebrations.
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Zayed University Happiness Course Attracts Hundreds
Hundreds of secondary-level school students were drawn towards the recently launched Zayed University Happiness Course during their partake at the 12th Najah Exhibition, UAE’s leading Higher Education event, running from October 31 to November 2 in Abu Dhabi.
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The Central Bank Of The UAE
The Central Bank of the United Arab Emirates announced that it will introduce into circulation, on Tuesday 30/1/2018, a currency note of AED One Hundred (AED100( denomination, reprinted with new security features.
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Department Of Transport Digitalises 96% Of Services
The Department of Transport, DoT, in Abu Dhabi has announced the launch of a number of online services as part of its digitalisation plan to facilitate transactions.
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The Ministry Of State For FNC Affairs Signs MoU With The Social Solidarity Fund For The Ministry Of Interior’s Employees To Provide The Services Of FAZAA Initiative
The Ministry of State for Federal National Council Affairs and the Social Solidarity Fund for Ministry of Interior’s Employees have signed an agreement to provide the services of the FAZAA initiative to the Ministry’s employees.
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