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ABU DHABI NEWS

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Abu Dhabi DED Issues Decisions To Facilitate Businesses In The Emirate
The first decision modified the calculation mechanism of the billboards fees whereby the issuance and renewal of all kinds of economic licenses will be charged a fixed fee of AED200.

Net Income Of Abu Dhabi Banks Amounts To AED16.6 Billion In H1 2018
The net income of commercial and Islamic banks operating in the emirate of Abu Dhabi amounted to AED16.6 billion during H1 of 2018, a growth of 8.4 percent over the corresponding period last year.

SCA Approves Regulatory Control Of Fintech
Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the Securities and Commodities Authority (SCA), has issued a resolution approving the regulatory control of Fintech.

UAE Marks International Vulture Awareness Day
The United Arab Emirates joined countries around the world recently to celebrate the International Vulture Awareness Day.

Al Jazira Sports And Culture Club Announces Appointment Of Nick Garcia As Group CEO
The Board of the Al Jazira Sports and Culture Club (JSCC) has announced that Nick Garcia has been appointed as Group Chief Executive Officer. In his role, Nick will oversee all club activities and report directly to the JSCC Board Executive Committee.

Non-Resident Deposits At AED61 bn From January To July This Year
The growth in non-resident deposits with local banks reflected the high confidence in the banking system whose indicators yielded significant positive results since the beginning of 2018.

Abu Dhabi Says ’KONICHIWA’ To Animania Next Month
Anime is Japanese animation characterised by colourful graphics, vibrant characters and fantastical themes, while manga are comics created in the Japanese language.

Abu Dhabi Tourism Takes Promotional Roadshow On Three-City Tour Of China
A five-strong delegation, led by the Department of Culture and Tourism - Abu Dhabi, DCT Abu Dhabi, and comprising travel agents, attractions and the country’s national airline Etihad Airways, will visit Shanghai, Kunming and Shenzhen over five days from 10th September.

Over Half A Million Business Licenses Issued By End Of August
According to the Ministry of Economy’s statistics, the emirates of Abu Dhabi and Dubai accounted for around 85 percent of the licenses issued by the end of August, namely 453,000.

Charity Works, Initiatives Stepped Up In Year Of Zayed: Hamdan Bin Zayed
The UAE, under the wise leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has perpetuated the culture of giving and dedicated its resources to humanitarian and charitable works, said H.H. Sheikh Hamdan bin Zayed Al Nahyan.

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