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ABU DHABI NEWS

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Gulf and Indian Ocean Hotel Investors Summit Announces Speakers for Second Annual Conference in Abu Dhabi
The Gulf and Indian Ocean Hotel Investors Summit will bring together 70 speakers, including 36 hospitality industry CEOs.

Contest Launched To Encourage Students Creative Thinking To ’Recycle And Innovate’
The event was targeted for students across the country with the objective of building awareness around a sustainable environmental friendly lifestyle, while encouraging creative thinking towards new recycling means and approaches.

MoHRE to begin processing applications for recruitment of domestic workers in Dubai from Q1, 2017
Ministry of Human Resources and Emiratisation will begin receiving and processing applications for the recruitment and employment of domestic workers in the Emirate of Dubai in the first quarter of 2017.

Masdar to present new technologies at Abu Dhabi Sustainability Week 2017
Abu Dhabi’s renewable energy company Masdar will present technical data from an innovative pilot programme that could pave the way for the commercial adoption of seawater desalination powered by clean energy.

UAE provided AED32.34 billion in foreign aid in 2015
The UAE has provided AED32.34 billion (US$8.8 billion) in foreign aid during 2015, according to the Ministry of Foreign Affairs and International Cooperation.

More heritage shows at Al Dhafra Festival expected to attract UAE residents, outsiders
The camel milk competition, inspired by the ancient Bedouin tradition of keeping and caring for camels, was the first contest to open at the Al Dhafra Festival, taking place in the Madinat Zayed’s desert, in the Western Region of Abu Dhabi Emirate, from 13th to 29th December.

ADNOC Distribution expands presence in Abu Dhabi’s Khalifa City
ADNOC Distribution has consolidated its service station network in the emirate of Abu Dhabi with the opening of the Khalifa City-South service station.

NBAD Closes Syndication Of $2bn Loan
The National Bank of Abu Dhabi, NBAD, has successfully closed the syndication of its US$2 billion club loan facility with a large oversubscription.

Al Maryah Island Announces New Year’s Eve Music And Fireworks Spectacular
Al Maryah Island has partnered with Platinum Records to usher in 2017 with a star-studded music spectacular. Visitors will be entertained by Emirati star, Hussain Al Jassmi, Egyptian pop icon, Mohamed Hamaki, and Palestinian singing sensation.

Central Bank Hikes Interest Rates On Certificates Of Deposits
The Central Bank of the UAE, CBUAE, has announced that, as of today, Thursday, December 15th, 2016, it has raised interest rates applied to its Certificates of Deposits in line with the increase in the interest rates on US Dollar.

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