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ABU DHABI NEWS

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Abu Dhabi Ranks First In Terms Of Total Capital Of Public Shareholding Companies Registered At SCA
According to the SCA’s statistics, the total registered capital of local companies amounted to AED412 billion, of which AED190.4 billion account for public companies and AED221.5 billion for non-governmental organisations, NGO.

Industrial Production Index Rises 16.6% In Q1 2019
The Industrial Production Index rose by 16.6 percent in the first quarter of 2019, compared to the same period in 2018, rising from 122.3 percent to 142.5 percent during the monitoring period, according to figures released by the Statistics Centre-Abu Dhabi, SCAD.

ADFD Disburses AED92 Billion In Development, Investment Expenditure In 48 Years
In a report marking its 48th anniversary, Abu Dhabi Fund for Development, ADFD, the national entity for international development aid, has announced that it has allocated about AED92 billion in development funding and investments to 90 beneficiary countries.

MoE Reduces, Cancels Fees For Over 100 Public Services
The Ministry of Economy has announced a new amended fee and fine structure for a package of 110 services in the implementation of Cabinet Resolution No. (51) of 2019 on reduction of government services fees it provides to customers and businesses.

Abu Dhabi Develops Walking And Cycling Facilities
The Integrated Transport Centre, ITC, in Abu Dhabi and Abu Dhabi Cycling Club have signed a Memorandum of Understanding, MoU, to develop the walking and cycling facilities in the Emirate of Abu Dhabi.

Abu Dhabi to build AED1.882 billion housing complex for Emiratis in Al Falah
The Abu Dhabi Housing Authority will develop an integrated housing complex at the cost of AED1.882 billion for Emiratis.

Real Estate Sector Employment Rate Rose By 4.4% In First Quarter Of 2019
According to statistics from the UAE Central Bank, the employment rate of the UAE’s real estate sector rose by 4.4 percent in the first quarter of 2019, compared to the same period in 2018.

Abu Dhabi Economic Vision 2030 Discussed At Global Manufacturing And Industrialisation Summit
The Abu Dhabi Economic Vision 2030 was the central focus of a panel discussion on the second day of the Global Manufacturing and Industrialisation Summit,GMIS, in the Russian city of Yekaterinburg.

ADNIC Launches WhatsApp Business Services
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance provider for corporates and individuals, has announced the launch of its ’verified’ WhatsApp Business service.

UAE To Launch ’Falcon Eye 1’ Satellite On Thursday
The United Arab Emirates will launch the ’Falcon Eye 1’ satellite into orbit on Thursday, 11th July, at the French Guiana Space Centre at 05:53 UAE time (01:53 GMT).

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