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ABU DHABI NEWS

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Careem Kids Launches In Abu Dhabi
Careem, the UAE based ride hailing app, brings its unique Kids service to Abu Dhabi. The Careem Kids option will be officially available for use from the today onwards.

Abu Dhabi Tourism Authority Sees 19.5% Growth In Applications Received Through Abu Dhabi Events Licensing System
The Abu Dhabi Events Licensing System, ELS, which was launched earlier during the year by Abu Dhabi Tourism and Culture Authority, TCA Abu Dhabi, has experienced unprecedented growth of 19.5 percent in total applications between Q1 and Q2.

ADNOC In Advanced Discussions With Potential Partners For New Offshore Oil Concession
The Abu Dhabi National Oil Company (ADNOC) announced, today, it is in advanced discussions with more than a dozen potential partners who have expressed a significant interest in the offshore concession.

AED26 Million In Net Foreign Investments At ADX In July
Foreign investors’ purchases in July 2017 reached AED1.391 billion at Abu Dhabi Securities Exchange, ADX, accounting for 42.5 percent of total buy trades.

11.92 Million Travellers Through Abu Dhabi Airport In H1
The Abu Dhabi International Airport has maintained its strong growth curve, welcoming a total of 11.92 million travellers during the first half of 2017, up 0.7 percent from 11.84 million in the corresponding period in 2016, with a total of 1.76 million passing through the airport during June.

Next Phase Of FAB Brand Roll-Out Underway For H2 2017
First Abu Dhabi Bank, FAB, the UAE’s largest bank and one of the world’s largest financial institutions, has confirmed that the next phase of its brand roll-out will be launched during the second half of the year.

Gulf Capital Signs Strategic Partnership With Emirates Wildlife Society In Association With WWF To Support Environmental Education And Conservation In The UAE
Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, announced today a long-term platinum corporate membership with Emirates Wildlife Society in association with WWF (EWS-WWF).

Lockheed Martin-Mubadala STEM Challenge Selects Finalists
Six UAE-based university teams were selected as finalists for the inaugural UAE Unmanned Aerial System (UAS) Payload Design Challenge, a joint program run by Lockheed Martin and Mubadala Investment Company.

ADGM And KPMG Launch FinTech Abu Dhabi Innovation Challenge
Abu Dhabi Global Market, ADGM, and service company KPMG have come together to launch the first ever FinTech Abu Dhabi Innovation Challenge on 22nd October, 2017.

Abu Dhabi Rolls Out Initiative To Provide Residential Units For Fixed Income Earners
The Department of Municipal Affairs and Transport at the Abu Dhabi City Municipality, ADM, has announced an initiative targeting fixed-income groups to meet their needs of residential units.

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