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Central Bank Raises Interest Rates To Its Certificates Of Deposits
At a meeting held yesterday, the Repo Rate applicable to borrowing short term liquidity from CBUAE against Certificates of Deposits has also been increased by 25 basis points.
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Abu Dhabi Ports Showcases KIZAD Logistics City To Global Industry At FIATA World Congress
Abu Dhabi Ports and its business subsidiary, Khalifa Industrial Zone Abu Dhabi (KIZAD), showcased their innovative logistics products at FIATA World Congress this week.
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ADNOC Group CEO Participates In Annual Bloomberg Global Business Forum
Held in New York, alongside the UN General Assembly, the forum encourages presidents, prime ministers and CEOs to collaborate on economic issues by reaching a better understanding of the mutual opportunities to strengthen global prosperity.
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Khidmah UAE And KSA Awarded Global Standard Certifications
The ISO and OHSAS certifications give Khidmah visibility to measure, monitor and manage its carbon footprint across different geographical locations, and have improved cross-functional teamwork at different levels of the organization.
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Abu Dhabi Global Market Courts Appoint UK’s First Female Commercial Court Judge
Effective 4 October 2018, Dame Elizabeth will assume her role as an ADGM Courts Judge. Her appointment follows the retirement of the Right Honourable the Lord Saville.
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ADNOC Distribution Board Approves AED 735 Million Dividend
ADNOC Distribution’s Board of Directors has approved a resolution recommending payment of an interim dividend of AED 735 million (AED 0.0588 per share), which will be submitted to a vote of the shareholders at a General Assembly Meeting in Abu Dhabi on October 14, 2018.
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DCT Abu Dhabi Inaugurates ’Bait Al Gahwa’ Initiative
The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has inaugurated the ’Bait Al Gahwa’ (Coffee House) initiative at Manarat Al Saadiyat on Saadiyat Island.
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Aldar Completes Successful Refinancing With New 7 Year US$500m Sukuk
Aldar Investments debut US$500m 7 year sukuk competitively prices at 4.75%.
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Etihad Guest Programme welcomes Air Europa as new airline partner
Etihad Guest, the award-winning loyalty programme for Etihad Airways, has announced a new partnership with Air Europa.
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Bloom Properties to Showcase Latest Residential Developments at Cityscape Global 2018
Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, has announced its participation in the upcoming edition of Cityscape Global.
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Abu Dhabi Fund for Development Allocates AED3.2 Billion to Support Agricultural Sector
Abu Dhabi Fund for Development has allocated nearly AED3.2 billion towards development projects in the agricultural and irrigation sectors.
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Daman makes medical approval request tracking available to members
The new feature provides Daman and Thiqa members with the latest status of their medical approval requests.
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Abu Dhabi Executive Committee Prioritises Knowledge, Innovation
These initiatives aim at enhancing business competitiveness in Abu Dhabi, attracting investment and increasing economic opportunities. This will contribute to enhancing Abu Dhabi’s position as the capital of economic diversification and an incubator for innovators and economic future makers.
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UAE-Saudi Non-Oil Trade Surges To AED720 bn By End Of H1
The UAE-Saudi non-oil trade has grown 1230 percent since the establishment of the GCC Customs Union in 2003 until H1 2018, according the statistics of the UAE Federal Customs Authority (FCA).
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ADGM Signs MoU With Abu Dhabi Smart Solutions And Services Authority
Abu Dhabi Global Market, ADGM, has announced the signing of a strategic new Memorandum of Understanding, MoU, with Abu Dhabi Smart Solutions and Services Authority, ADSSSA.
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Industrial Producer Price Index Increases By 13.4%
The key activities that contributed to the increase are the production of coke coal and refined oil products, whose prices rose by 29 percent, and chemical materials and products that increased by 29.2 percent.
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Statement Of Humaid Matar Al Dhaheri, Group CEO Of ADNEC About The "Abu Dhabi International Hunting And Equestrian Exhibition (ADIHEX) 2018"
ADNEC has always been keen to provide the required support and infrastructure to ensure the success of the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) since its first edition in 2003.
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UAE attains membership in Arab Union for Astronomy and Space Sciences
The selection of Al Ahbabi comes in light of the growing status of the UAE national space sector at the regional and international levels.
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Abu Dhabi Global Market Issues Public Consult On Bank Recovery And Resolution Regime
The FSRA is proposing a tailored, risk-proportionate approach that effectively addresses the risks posed by the failure of any significant financial institution or a member of its financial group.
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Federal Transport Authority Boosting Cooperation With World Road Association
Arrangements for hosting the XXVIth World Road Congress in Abu Dhabi from 6th to 10th October 2019 were also discussed.
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UAE Gross Bank Assets Surge To AED2.8 Trillion By End Of August
The UAE gross bank assets amounted to AED2.8 trillion by the end of August 2018, 4.00 percent up from AED2.694 trillion by the end of December 2017, according to Central Bank of UAE statistics released today.
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Export Unit Value Index In Abu Dhabi Up To 87.3 Percent In Q2
The Export Unit Value Index in the Emirate of Abu Dhabi was up to 87.3 percent during Q2, a growth of 7.6 percent from 81.2 percent during the same period in 2017, according to Statistics Centre- Abu Dhabi (SCAD).
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Chinese Bridge Proficiency Competition Organized By The Confucius Institute At Zayed University
26 Emirati students were selected to represent 13 public secondary schools teaching Chinese as part of their curriculum from different emirates, for the Chinese Bridge Proficiency Competition for Foreign High School Students.
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Abu Dhabi International Hunting And Equestrian Exhibition Opens Sept 25
ADIHEX 2018 will be held from 25th to 29th September under the patronage of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Falconers’ Club.
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ADNEC To Host Sand Sports Super Show Middle East In Abu Dhabi
The agreement was signed during ADNEC’s visit to the United States, in line with its efforts to promote Abu Dhabi’s leading position in the Middle East as the regional capital for high-profile international exhibitions and conferences.
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Majlis Al Mushrif hosts lecture on UAE parliamentary process, political development
The importance of the Majalis initiative stems from its ability to offer a platform for communicating with all members of society and discussing the issues that matter most to them.
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Abu Dhabi records 10.5% growth in hotel guests in August
The number of hotel guests staying in Abu Dhabi during August rose by 10.5 percent compared to the same month in 2017.
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