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ABU DHABI NEWS

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Sheikh Zayed Book Award Holds Cultural Seminar In Milan
The Sheikh Zayed Book Award, SZBA, hosted the second instalment in its series of international seminars in Milan on 5th October, as part of its commitment to advance Arab culture.

ADNIC To Utilise Al Etihad Credit Bureau’s Services To Further Strengthen Its Credit Risk Management
In a pioneering move for the insurance industry, Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has announced it will utilise Al Etihad Credit Bureau (AECB) products.

ADNOC And BHGE Form A Strategic Partnership to Improve Drilling Efficiencies And Grow ADNOC Drilling Into A Fully-Integrated Drilling And Well Construction Business
The Abu Dhabi National Oil Company (ADNOC or the Group) and Baker Hughes, a GE company (BHGE:NYSE), today signed a strategic partnership agreement that will enable and support the growth and development of ADNOC’s subsidiary, ADNOC Drilling.

New Hotel Classification System For Abu Dhabi Hotels To Be Launched
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) has developed a brand new classification system for all hotels in the emirate, which will be rolled out for all establishments in the coming months.

Intertrust Opens Office In Abu Dhabi Global Market
The new office in Abu Dhabi’s financial centre will expand Intertrust’s existing presence in the United Arab Emirates (UAE), and consolidate its position as one of the leading corporate services providers in the region.

DCT Abu Dhabi, Medical Tourism Association Sign MoU
The globally recognised event brings together experts and organisations from more than 100 countries worldwide and regularly attracts more than 10,000 visitors, approximately 200 exhibitors and sponsors and up to 100 hosted VIP buyers.

First Foreign Space Agency Opens In Abu Dhabi
The French Embassy in the UAE today opened a representative office of the French space agency in Abu Dhabi (Centre National d’Etudes Spatiale, CNES) to be the first foreign space agency opening a representative office in the UAE.

Prices On Average Decrease Across The Abu Dhabi Real Estate Market - Bayut Q3 Report
Mohammed Bin Zayed City is the most popular for apartment rentals in Q3 2018 where current prices for studios is AED 25k, 1-beds is AED 40k, and 2-beds are AED 58k.

Amana, Regional Industrial And Modular Construction Leader, Sets Up Operations In KIZAD Construction City
Leveraging Khalifa Industrial Zone Abu Dhabi’s (KIZAD) strategic location, lower operating costs and optimal road networks, Amana, the regional industrial and modular construction leader, recently established a 50,000 sqm facility to serve the GCC construction market.

Abu Dhabi Securities Exchange (ADX) Lists Aldar Investments $500million Sukuk
Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, together with Aldar Properties PJSC ("Aldar"), today rang the market opening bell to celebrate the listing of Aldar Investments’ new sukuk, marking the first corporate sukuk ever to be listed on the exchange.

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