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ABU DHABI NEWS

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Think Science 2019 Competition Expands Reach Across UAE
The Emirates Foundation, the national organisation set up by the Abu Dhabi Government to facilitate public-private funded initiatives for the empowerment of youth across the UAE, has announced the kick-off of the 7th edition of its ’Think Science’ national competition.

Khalifa Fund Closes Submission For ’Pitch@PalaceUAE’ Competition With The Participation Of 91 Innovative Projects
Khalifa Fund for Enterprise Development announced that application submissions have closed for the 2nd edition of Pitch@PalaceUAE Competition, which recorded a total of 91 applications, 63 of which were selected to participate in the Abu Dhabi and Sharjah On-Tours.

UAEU Breaks Guinness World Record For Largest Paper Mosaic Painting
As part of its celebration of the ’Year of Zayed’, the UAE University (UAEU) has broken the Guinness World Record for the world’s largest mosaic painting, made of paper rolls.

Department Of Culture To Take Promotional Roadshow To Three Cities In India
The Department of Culture and Tourism - Abu Dhabi, DCT Abu Dhabi, is embarking on a three-city roadshow to India, along with partners and stakeholders, to help promote the emirate and encourage even more Indian visitors to explore Abu Dhabi.

ADNOC Unveils Plans To Expand Ruwais City, With Focus On Liveability, Leisure And Community
The Abu Dhabi National Oil Company (ADNOC) announced, today, major development plans for Ruwais City, a 6.9-square kilometer community near the Ruwais Industrial Complex, in Abu Dhabi’s Al Dhafra region.

Abu Dhabi Global Market To Support Start-Ups And Enterprises
Abu Dhabi Global Market, ADGM, today launched its framework to regulate operators of Private Financing Platforms, PFPs, serving equity investment, debt financing and trade receivables funding needs of start-ups, private enterprises and SMEs.

UAE Banking System Expands Credit To 10 Economic Sectors
Statistics issued by the Central Bank of the UAE show that ten vital economic sectors witnessed considerable growth, reflecting the overall rise of business activity since the start of 2018.

State Street Expands Middle East Presence With New Abu Dhabi Office In Response To Region’s Significant Growth Prospects
According to the research, more than three quarters (78 percent) of those surveyed are optimistic about their own growth prospects in the Middle East. As a result of this optimism, 75 percent foresee growing inflows into Gulf Cooperation Council (GCC) domiciled funds over the next five years.

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.

Abu Dhabi Investment Office Organizes Field Visit For Delegation From China Chamber Of Commerce For Import & Export Of Medicines & Health Products
The visit comes as part of ADIO’s efforts to enhance trade and investment cooperation between the UAE and China following a memorandum of understanding (MoU) signed with the Chinese Business Council in July 2018.

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