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Central Bank Raises Interest Rates To Its Certificates Of Deposits
At a meeting held yesterday, the Repo Rate applicable to borrowing short term liquidity from CBUAE against Certificates of Deposits has also been increased by 25 basis points.
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CBUAE Raises Interest Rates In Line With US Federal Reserve
Certificates of Deposit, which CBUAE issues to banks operating in the country, are the monetary policy instrument through which changes in interest rates are transmitted to the UAE banking system.
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Abu Dhabi Ports Showcases KIZAD Logistics City To Global Industry At FIATA World Congress
Abu Dhabi Ports and its business subsidiary, Khalifa Industrial Zone Abu Dhabi (KIZAD), showcased their innovative logistics products at FIATA World Congress this week.
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ADNOC Group CEO Participates In Annual Bloomberg Global Business Forum
Held in New York, alongside the UN General Assembly, the forum encourages presidents, prime ministers and CEOs to collaborate on economic issues by reaching a better understanding of the mutual opportunities to strengthen global prosperity.
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Khidmah UAE And KSA Awarded Global Standard Certifications
The ISO and OHSAS certifications give Khidmah visibility to measure, monitor and manage its carbon footprint across different geographical locations, and have improved cross-functional teamwork at different levels of the organization.
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Abu Dhabi Global Market Courts Appoint UK’s First Female Commercial Court Judge
Effective 4 October 2018, Dame Elizabeth will assume her role as an ADGM Courts Judge. Her appointment follows the retirement of the Right Honourable the Lord Saville.
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ADNOC Distribution Board Approves AED 735 Million Dividend
ADNOC Distribution’s Board of Directors has approved a resolution recommending payment of an interim dividend of AED 735 million (AED 0.0588 per share), which will be submitted to a vote of the shareholders at a General Assembly Meeting in Abu Dhabi on October 14, 2018.
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DCT Abu Dhabi Inaugurates ’Bait Al Gahwa’ Initiative
The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has inaugurated the ’Bait Al Gahwa’ (Coffee House) initiative at Manarat Al Saadiyat on Saadiyat Island.
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Aldar Completes Successful Refinancing With New 7 Year US$500m Sukuk
Aldar Investments debut US$500m 7 year sukuk competitively prices at 4.75%.
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Etihad Guest Programme welcomes Air Europa as new airline partner
Etihad Guest, the award-winning loyalty programme for Etihad Airways, has announced a new partnership with Air Europa.
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