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ABU DHABI NEWS

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FANR Radiation Protection Committee Discusses 2020 Action Plan
The Federal Authority for Nuclear Regulation, FANR, has hosted the meeting of the Radiation Protection Committee to present and discuss among its members 2020 Action Plan and efforts to strengthen radiation protection infrastructure in the UAE.

UAE Stocks To Have 5 Percent Decline Limit Effective Wednesday
The Securities and Commodities Authority (SCA) has imposed a 5 percent daily lower fluctuation limit for shares effective Wednesday, March 18th, and until further notice.

ESMA Achieves Significant Change In Consumer Culture
The Emirates Authority for Standardisation and Metrology, ESMA, achieved a significant change in the country’s consumer culture while dealing with products in the country’s markets.

Central Bank Issues ’Dormant Account Regulation’
The Central Bank of the UAE has announced the issuance of the ‘Dormant Accounts Regulation’. This regulation applies to all banks operating in the UAE.

Etihad Announces Further Route Network Changes
Etihad Airways has announced further changes to its route network amid coronavirus developments.

Ministry Of Culture’s Centres Shut Down Amid COVID-19 Concerns
The UAE Ministry of Culture and Knowledge Development announced on Tuesday that all its affiliated cultural centres will be shut down, and all cultural and theatre-based activities and events hosted in the country are to be postponed or put on hold beginning Wednesday, 18th March 2020.

HE Mohamed Al Khalifa Al Mubarak Says ’Ghadan 21’ Programme Will Enhance The Capital’s Competitiveness And Accelerate Its Economic, Social And Developmental Growth
The new initiatives contribute to supporting our work at the Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) in boosting growth across the tourism sector.

Central Bank Foreign Assets Reach AED406 Billion In February
Latest figures released by the Central Bank of the UAE note total foreign assets were valued at AED405.94 billion in February 2020.

UAE Nationals Abroad Urged To Return Home Due To Travel Restrictions
In a statement today, MoFAIC called on Emirati students and nationals receiving medical treatment overseas to communicate with UAE embassies in respective host countries for coordination in this respect.

UAE Central Bank To Cut Interest Rates By 75 Basis Points
The Central Bank of the UAE announced on Monday that it will cut interest rates, beginning 16th March, following US Federal Reserve cuts to contain the economic repercussions of coronavirus, COVID-19.

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