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ABU DHABI NEWS

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Abu Dhabi Global Market Hosts Launch Of The Global Financial Centres Index 22 In The Capital As Abu Dhabi Is Recognised As Top Financial Centre
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is pleased to host the ranking of the Global Financial Centres Index 22 (GFCI) by the Z/Yen Group on Al Maryah Island at Abu Dhabi.

Bloom Properties Updates Investors On Construction Progress Of Key Abu Dhabi, Dubai Developments
Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, is marking an impactful participation at the 16th edition of Cityscape Global 2017.

15th Anniversary Of ADIHEX: An Ideal Platform To Promote Sustainable Hunting
The Environment Agency – Abu Dhabi, EAD, has announced its participation in ADIHEX 2017, at which it will host a number of virtual tours to highlight the unique biodiversity of Abu Dhabi.

Abu Dhabi Fund For Development Extends Funding Of AED18.4 Million To Government Of The Maldives
Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, is extending an Abu Dhabi government grant worth AED18.4 million to the Maldivian government.

Securities and Commodities Authority issues second license for national bank to practice clearing
The Securities and Commodities Authority has issued to the Union National Bank a license to pursue clearing activities.

The Banker Names FAB ’Most Innovative Investment Bank’ For The MENA Region
First Abu Dhabi Bank, FAB, the UAE’s largest bank and one of the world’s largest financial institutions, has been named ’Most Innovative Investment Bank’ for the MENA region, at The Banker’s prestigious 2017 Investment Banking Awards.

Abu Dhabi Urban Planning Council Releases 2016 Annual Report
The Abu Dhabi Urban Planning Council, UPC, has published its 2016 Annual Report, detailing some of its biggest achievements, which have kept the emirate on course to reach objectives outlined in the Abu Dhabi Plan.

Al Hilal Bank Issues USD 100 Million Private Placement Sukuk Under Its Euro Medium Term Note Programme
Aiming to diversify its funding base and tenors, Al Hilal Bank has issued a USD 100 million private placement Sukuk.

Ras Al Khaimah Sees More Than 30% Growth In Transportation Sector Over The Last Five Years
Ras Al Khaimah Chamber announced that the growth rate in the transportation sector in the Emirate reached 30.3% during the years 2011-2015, according to a study published by the Chamber based on statistics published by the Ras Al Khaimah Center for Statistics and Studies.

Foreign Investments At UAE Stock Markets Amount To AED104.3 Billion In August
The market value of foreign investments at UAE stock markets hit AED104.3 billion during August, maintaining their July levels.

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