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ABU DHABI NEWS

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Sluggish Economic Growth Weighs On Abu Dhabi Real Estate Market Says Chestertons Q2 Report
Issues of oversupply and ongoing economic uncertainty continue to put pressure on Abu Dhabi’s residential real estate market, according to the latest Abu Dhabi Residential Market Q2 2017 report from leading international property company Chestertons MENA.

Total Foreign Currency Supply At UAE Central Bank Surges To AED338.34 Billion In June
The total foreign currency supply at the UAE Central Bank surged to AED338.34 billion by the end of June, a growth of AED47.6 billion from early 2017, according to statistics recently issued by the bank.

ADNOC Begins Talks With Potential Asian Partners On New Expanded Partnership Approach
The Abu Dhabi National Oil Company, ADNOC, recently announced the expansion of its strategic partnership model, as well as the more active management of its portfolio of assets.

Abu Dhabi’s Baron Point Petroleum Signs JV With Petrovietnam Oil Corporation In US$150m Project In Southern Vietnam
Abu Dhabi-based Baron Point Petroleum Services Company L.L.C. ("Baron Point Petroleum") has joined hands and engaged a joint-venture ("JV") with PetroVietnam Oil Corporation ("PV Oil"), the national oil and gas company of Vietnam, to finance.

Abu Dhabi University’s Office Of Academic Integrity Reduces Cases Of Academic Violations
The Office of Academic Integrity (OAI) at Abu Dhabi University (ADU) announced that the rate of academic violations have substantially decreased from 334 cases in the 2009-2010 academic year to only 60 cases in the 2016-2017 academic year, despite the sizeable increase in the number of students.

UAE Agricultural Companies Exhibit Variety Of Produce At Liwa Dates Festival
The 13th Liwa Dates Festival opened its doors on Wednesday, July 19th, attracting hundreds of visitors who came to see date farmers, agricultural and heritage companies exhibit their handicrafts, products and services.

Abu Dhabi’s Gloomy Real Estate Market Strengthens Tenants Hand – Propertyfinder Group
Slackening demand has sent residential sale prices tumbling in Abu Dhabi and rents have also declined in most districts, making the UAE’s capital more affordable following prolonged government austerity measures, Propertyfinder Group’s exclusive UAE Real Estate Trends 2017 report reveals.

Last Chance To Save On Your #ABUDHABIGP Weekend With 20 Per Cent Discount Ending July 31st
Organisers of the 2017 FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX have announced that high demand has led to many popular ticket packages completely selling out, with limited tickets for fan favourite packages remaining.

Challenging Market Conditions For The Abu Dhabi Real Estate Market In Q2 Due To A Drop In Demand And Increase In Supply Says Asteco
The latest report from leading real estate consultancy Asteco indicates Q2 rental price declines for apartments and villas of 4% and 1% respectively.

TCA Abu Dhabi Launches Global Extraordinary City Story Campaign With Manchester City FC
With the 2017/18 Premier League football season fast approaching, Abu Dhabi Tourism and Culture Authority, TCA Abu Dhabi, and Manchester City Football Club have launched a new season-long campaign that which gives fans the chance to create their own extraordinary story on a trip to the UAE.

Abu Dhabi Art Announces Line-Up Of Galleries Participating In 2017
Organised by Abu Dhabi Tourism Culture Authority, TCA Abu Dhabi, Abu Dhabi Art 2017 will return this November with 48 established and emerging galleries from 18 different countries, offering works by a diverse range of globally celebrated and up and coming artists.

Amadeus Gulf Hits 1,500 Subscriptions To Breakthrough Amadeus Voice Tool
Amadeus Gulf, a leading provider of technology and distribution solutions for the travel and tourism industry, has announced that 1,500 travel agents around the region have subscribed to its breakthrough product, Amadeus Voice. A desktop-based app.

Young Artistic Talents To Display Their Expertise At First Abu Dhabi Unplugged Event
Abu Dhabi Tourism and Culture Authority, TCA Abu Dhabi, is launching a series of live performing art shows called ’Abu Dhabi Unplugged’ to allow young people to display their innovative talents, creativity, skills, and abilities in public.

Masdar Institute’s High-Performance Solar Absorber Aims to Make Solar Thermal Power Generation More Efficient and Affordable in the UAE
The Masdar Institute of Science and Technology today announced the development of a high-performance solar absorber that could make solar thermal technologies significantly more efficient. Masdar Institute is part of the Khalifa University of Science and Technology.

ADIB launches new mobile banking app allowing cardless cash withdrawal
The new app enables customers to make cash withdrawals without the use of a card, and quickly and securely send cash to friends and family.

Global Energy Giants To Convene At Adipec For Dialogue On Industry Challenges And Trends
World energy leaders will converge in the UAE capital for the Abu Dhabi International Petroleum Exhibition and Conference, Adipec 2017, to discuss an unprecedented number of opportunities for strategic dialogue.

Bawadi Mall Welcomes FIFA Club World Cup Roadshow
As football fans gear up for this year’s FIFA Club World Cup in the UAE, Al Ain’s Bawadi Mall has a host of surprises and fun activities planned for the sport lovers.

Abu Dhabi National Takaful’s CEO Osama Abdel-Raouf Abdeen Named Among GCC’s Top CEOs
Osama Abdel-Raouf Abdeen, CEO of Abu Dhabi National Takaful Co. PSC (ADNTC), the leading Takaful operator in the GCC. He has been named among the GCC’s 100 Best CEOs at the Top CEO Awards for 2017 organized by Mediaquest.

Zayed Future Energy Prize Expands Global Reach In Record Year For Entries
The Zayed Future Energy Prize has closed submissions for its 10th cycle with a record of 2,296 entries – a 37 percent increase compared to 2016.

Image Nation Abu Dhabi Launches Third Arab Film Studio Young Filmmaker Program In Partnership With NYU Abu Dhabi
Image Nation Abu Dhabi, a leading media and entertainment company in the Middle East, in collaboration with New York University (NYU) Abu Dhabi, kicked-off its third Arab Film Studio Young Filmmakers program earlier this month.

Abu Dhabi University & Ministry Of Community Development Step-Up Collaboration In Empowering People Of Determination
A delegation from Abu Dhabi University’s Dubai Campus (ADU) recently met with representatives from the Welfare & Rehabilitation for People of Determination Department at the Ministry of Community Development to discuss opportunities for collaboration in identifying and developing the talents.

Cleveland Clinic Abu Dhabi Launches Inaugural ’State Of The Clinic’ Annual Report
Cleveland Clinic Abu Dhabi today launched the first edition of its ’State of the Clinic’ annual report, a publication that documents the hospital’s yearly activities and milestones, including number of patients served, growing Caregiver capacity.

The Mall At World Trade Center Abu Dhabi Offers Football Fans An Epic FIFA Club World Cup UAE 2017 Experience This Summer
The Mall at World Trade Center Abu Dhabi (The Mall at WTCAD) will offer football fans across the UAE the opportunity to experience an epic FIFA Club World Cup UAE 2017 spirit, by hosting a series of social and physical activations and skill games this summer from 17th to 19th August.

Abu Dhabi To Host IAEA Nuclear Power Conference
The Ministry of Energy has announced that the UAE will host the upcoming IAEA International Ministerial Conference on Nuclear Power in the 21st Century, taking place in Abu Dhabi from 30th October to 1st November.

Masdar And PT PJB Sign MoU On Collaboration In Indonesia
Masdar, Abu Dhabi’s renewable energy company, and the leading Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), on Monday signed a Memorandum of Understanding, MoU, to explore areas of collaboration on renewable energy projects in Indonesia.

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