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ABU DHABI NEWS

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UAE Partners With China’s 3 Major Financial Institutions To Boost Trade, Investments And Bilateral Exports Between Two Countries
Etihad Credit Insurance (ECI), the UAE Federal Credit Insurance Company has signed three strategic MoUs, respectively, with China Export and Credit Insurance Corporation (SINOSURE ).

ADNOC And Wanhua Chemical Sign Shipping JV And Downstream Partnership Framework Agreement
The Agreements with Wanhua Chemical were signed by Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, and Zengtai Liao, Chairman of Wanhua Chemical Group.

du Reinforces UAE-Pakistan Relations With ’Orient Express’ Submarine Cable System
du, the Emirates Integrated Telecommunications Company, EITC, is strengthening the UAE’s bilateral relations with Pakistan, as well as the country’s presence as a connectivity hub, by enabling a new "Orient Express" submarine fibre optic cable between Pakistan and the UAE.

Mubadala Signs MoU To Explore Petchem Opportunities In Indonesia
Mubadala, OMV and petrochemical leaders PT Chandra Asri Petrochemical Tbk and PT Chandra Asri Perkasa signed a Memorandum of Understanding to explore opportunities for collaboration in the petrochemical sector in Indonesia.

Emirates Strategic Investments Company Debuted USD 600 Million 5-Year Sukuk
Investor demand for the Sukuk was exceptionally strong as evidenced by a USD 3.7bn orderbook, representing an oversubscription rate of 6.2 times. More than 135 investors from over 20 countries participated in the transaction.

ADGM, Beijing Municipal Bureau To Increase Financial And Fintech Activities
Following the state visit by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

Abu Dhabi’s GDP At Current Prices Rises To AED226 Billion In Q1 2019
Abu Dhabi’s gross domestic product, GDP, at current prices for Q1 2019 rose by 3.3 percent to AED226 billion, compared to AED219 billion in the first quarter of 2018.

Abu Dhabi Fund For Development Organizations Development Funding Workshop
Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, hosted a workshop entitled ’Development Financing’ to share best practices among leading funding institutions and discuss ways to overcoming funding challenges in developing countries.

Confucius Institute At Zayed University To Teach Chinese Art, Calligraphy
The Confucius Institute at Zayed University will begin teaching classical Chinese art and calligraphy, along with the Chinese language, to government and private institutions.

Abu Dhabi’s Imports And Exports Of Agricultural Goods, Down, Re-Exports Up In 2018:SCAD
The value of Emirate of Abu Dhabi’s imports of agricultural goods and foods slightly decreased in 2018 to AED 7.71 billion from AED 7.78 billion in 2017, according to Agricultural Statistics 2018 of Foreign Trade in Agricultural Commodities, released by Statistics Centre - Abu Dhabi, SCAD, on Monda

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