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ABU DHABI NEWS

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Tabreed Raises USD 500 Million With New 7 Year Sukuk
National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based regional district cooling utility company, today announces it has successfully raised US$500 million (AED 1.8 billion) with a fixed rate senior unsecured US dollar denominated RegS sukuk with a 7 year tenor.

UAE Central Bank Announces M1 Decreases By 0.8%
The Central Bank has announced that the Money Supply aggregate M1 decreased by 0.8%, from AED488.1 billion at the end of August 2018 to AED484.2 billion at the end of September 2018.

Sheikh Zayed Housing Programme Approves Housing Support For 252 Citizens
The Board of Directors of the Sheikh Zayed Housing Programme has approved the names of 252 citizens who are eligible for housing support, valued at AED190 million, as part of the third and final group of 800 housing support decisions that were announced at the start of the month.

National Bank Of Fujairah Waives Processing Fees On Education Loans During The NAJAH Exhibition In Abu Dhabi
National Bank of Fujairah (NBF) PJSC announced today that it will be waiving processing fees on education loans as part of its participation at the 12th edition of Abu Dhabi’s Najah Exhibition.

Thirty-Four Businessmen, 51 Private Companies Supporting Sandooq Al Watan
Sandooq Al Watan, a national initiative launched by prominent Emirati businessmen to support research projects for the post-oil era, announced that Emirati businessman Badr Jafar has joined the ranks of its supporters, bringing up the number of donors to 34 businessmen and 51 private companies.

Agriscape Exhibition Kicks Off Tomorrow In Abu Dhabi
The event, organised by Food Security Centre Abu Dhabi under the supervision of Mariam Hareb Almheiri, Minister of State for Food Security, will convene 53 exhibitors associated with agri-land and other agri-assets in more than 50 countries.

ADM’s Digital Transactions Soar To 84 During First Half Of October
Abu Dhabi City Municipality announced a significant increase in the number of customers and strategic partners using its digital services (Smart Hub).

Economy Ministry, Chinese Delegations Discuss Boosting Cooperation
Trade and investment relations between the UAE and the People’s Republic of China are witnessing rapid growth under the comprehensive strategic partnership between the two countries, said Abdullah bin Ahmed Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade Affairs.

Panel Highlights Louvre Abu Dhabi’s Significance As Symbol Of Inclusivity
The discussion highlighted key achievements of Louvre Abu Dhabi since its opening in November 2017 and provided insight on the museum’s vision for the future.

UAE Participates In 9th International Exhibition Of Dates In Morocco
The UAE was ranked first as the best international pavilion among 15 countries participating in the 9th edition of the International Exhibition of Dates in Erfoud, Morocco, under the theme "logistics and development of the dates sector".

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