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ABU DHABI NEWS

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GAC Abu Dhabi Joins Abu Dhabi Airports Free Zone
Abu Dhabi Airports Free Zone, ADAFZ, today announced leading international logistics firm Gulf Agency Company, GAC, Abu Dhabi as the latest addition to its cargo terminal free zone site.

ADNIC Reports AED150.5 Million Net Profit For H1 2018
Abu Dhabi National Insurance Company, ADNIC, announced its financial results for the first half of 2018 today.

Department Of Culture And Tourism, Airbnb Team Up To Promote Emirati Experiences
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) and Airbnb, the online community marketplace which provides access to millions of unique accommodation and Experiences around the world, have teamed up to promote the UAE capital’s offerings.

Aggregate Capital, Reserves Of UAE-Based Banks Increase To AED330.2 Billion By End Of Q2
The aggregate capital and reserves of banks operating in the UAE increased by 4.4%, reaching AED 330.2 billion by the end of Q2 2018 compared to a 1.5 percent quarterly increase at the end of the same period of 2017, according to CBUAE statistics.

Abu Dhabi University Student Research Recognized At Leading Scientific Conference In Thailand
The students from ADU’s College of Engineering, were honored with an award for ’best presentation and idea’ for their contribution at a workshop held in parallel with the main ICCMP conference.

Al Hilal Bank, ADGM Partner To Promote Islamic Finance
Al Hilal Bank has announced a new partnership with the Abu Dhabi Global Market, ADGM, aimed at promoting Islamic Finance in Abu Dhabi and across the UAE.

UAE Cabinet Approves UAE Space Agency Board Structure
The UAE Cabinet has approved the restructuring of the board of the UAE Space Agency under the chairmanship of Dr. Ahmad bin Abdullah Humaid Belhoul Al Falasi, Minister of State for Higher Education and Advanced Skills.

Abu Dhabi Classics Hosts The Bayreuth Festival’s International Opera Debut Of The Valkyrie In Abu Dhabi
The Bayreuth Festival is renowned for its outstanding performances of the 19th-Century German composer Richard Wagner’s operas, performed in a special theatre, the Bayreuth Festspielhaus, designed by Wagner himself, so that he could produce his own works.

Abu Dhabi’s Hotels Report 6 Per Cent Rise In Guest Numbers In June
Completing a record-breaking first half of the year, June’s results reveal the department’s plans to exceed 2017’s numbers of guest arrivals, when close to five million people stayed in the emirate, are on track.

Total Cash Withdrawals Through UAESWITCH Rose 3.6 Percent To AED137.5 Bn In 2017
Total cash withdrawals through the UAESWITCH, the national ATM-sharing scheme, rose 3.6 percent to AED137.5 billion in 2017 as compared to figures of 2016, according to statistics of the Central Bank of the UAE, CBUAE.

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