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Central Bank Raises Interest Rates By 25 Basis Points
The Central Bank of the UAE (CBUAE) has announced that effective Thursday, 14 December, 2017, it will raise interest rates applied to the issuance of its Certificates of Deposits in line with the increase in interest rates on US Dollar.
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ADGM-Regulated $2 Billion First Feeder Fund For India Launched
Next Orbit Ventures (NOVF) ESDM, the newly launched Abu Dhabi-based fund established under the Abu Dhabi Global Markets (ADGM) jurisdiction, has announced the launch of US$2 billion fund for building semiconductors and electronics fab ecosystem in India.
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ADNOC IPO Draws 12,000 Investors From 73 Nationalities: ADX CEO
ADNOC IPO was a tremendous success and drew a very strong response from investors, according to Rashed Al Baloushi, CEO of Abu Dhabi Securities Exchange.
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ADNEC Promotes Capital’s MICE Infrastructure At Leading Global Industry Events
Abu Dhabi National Exhibitions Company (ADNEC) has participated in several highly-targeted international events to promote the infrastructure of Abu Dhabi’s state-of-the-art Meetings, Incentives, Conferences and Exhibitions (MICE ).
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Aldar Supports Region’s Hotel Investor Summit As Giohis Returns To Abu Dhabi
Aldar Properties PJSC (Aldar), Abu Dhabi’s leading listed property development, investment and management company, will once again support the Gulf and Indian Ocean Hotel Investors’ Summit (GIOHIS) as Founding Patron when it returns to Abu Dhabi for the third consecutive year.
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Gulf Capital Closes Three New Growth Capital Transactions In Egypt, Africa And Turkey
Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, today announced that its Private Debt Fund, Gulf Credit Opportunities Fund II.
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Etihad Airways Announces Casablanca As New Boeing 787 Dreamliner Destination
Etihad Airways is to operate its flagship Boeing 787 Dreamliner on the Abu Dhabi - Casablanca route, effective 1 May 2018.
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CNBC Unveils Plans For Middle East Headquarters In Abu Dhabi
CNBC, the business and financial news network, today unveiled plans for a Middle East Headquarters in Abu Dhabi. The network will begin broadcasting from a new studio at Abu Dhabi Global Market, ADGM, in the first quarter of 2018.
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UAE Stocks Gain AED14.6 Billion
Upbeat sentiments continued for the third day running on UAE two main bourses, with trading companies gaining around AED7 billion Tuesday, bringing to AED14.6 billion the total profits over three successive sessions.
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Tomorrow Is The Kick-Off For The First Ever Dar Al Zain Festival
The final preparations are now underway for the launch of the first ever Dar Al Zain Festival, a ten-day family event taking place in Al Ain Convention Centre, Al Ain from Thursday 14th - Saturday 23rd December.
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Abu Dhabi Forum Presents Advances And Innovative Solutions In Fight Against Childhood Obesity
The fight against childhood obesity has found strong and determined allies in both public and private sectors globally, and has spurred new approaches aimed at addressing the growing cases of obesity among children throughout the world.
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Al Dhafra Festival Allocates AED30 mn For Camel Beauty Pageant
With days remaining till the start of the 11th Al Dhafra Festival, camel caravans are already arriving at the opened desert grounds on the edge of the Empty Quarters, setting up tents and camel pens for one of the most impressive annual Bedouin gatherings.
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Abu Dhabi Aims To Be Global Model For Successful Campaign Against Obesity
A greater community involvement is called for if the UAE is to succeed in the fight against childhood obesity, experts say at the very first Abu Dhabi Childhood Obesity Forum being held at the capital.
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Azadea Group Inks Deal With Abu Dhabi’s Reem Mall To Bring 11 Stores To The US $ 1.2 Billion Project
Reem Mall, Abu Dhabi’s new up and coming entertainment, dining and shopping destination, has announced a significant new partnership with Azadea Group, the premier lifestyle retail company which boasts an infrastructure of more than 650 stores .
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Bloomberg Invest Abu Dhabi Summit Begins In Abu Dhabi
The Bloomberg Invest Abu Dhabi Summit began today in the presence of Suhail Al Mazrouei, Minister of Energy, and a number of leaders of the public sector, capitalists and investors.
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Registration For 2018 Triyas By Daman’s Activelife Opens With All-New Categories And Early Bird Discounts
Eager athletes of all abilities and ages can now sign up to take part in next year’s TriYAS by Daman’s ActiveLife triathlon to be held at Yas Marina Circuit.
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UAE Central Bank Issues Silver Commemorative Coin On Insurance Authority 10th Anniversary
The UAE Central Bank has announced that it will be issuing a commemorative silver coin, on the occasion of the 10th Anniversary of the Insurance Authority with effect from Monday, 11th December 2017.
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To Support UAE Sustainability Goals, Cleveland Clinic Abu Dhabi Decreases Water Usage By 30 Percent
Cleveland Clinic Abu Dhabi has reduced the amount of water it uses by nearly a third as part of its ongoing attempts to become one of the greenest hospitals in the region.
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Inaugural Clean Air Forum kicks off in Abu Dhabi
Air pollution is the world’s single largest health risk according to the WHO and over 3.7 million deaths per annum are attributed to outdoor air pollution.
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Visitors Enjoy Traditional Emirati Experiences at My Heritage, My Responsibility Series at Al Ain Palace Museum
As part of Al Ain Cultural Programme organised by the Department of Culture and Tourism - Abu Dhabi, the My Heritage, My Responsibility series returned to Al Ain Palace Museum on 7 and 8 December for the second consecutive year.
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Abu Dhabi To Harness AI In Judicial System
The Abu Dhabi Judicial Department, ADJD, has launched the first phase of ’Justice Intelligence’ project, as part of the government’s Artificial Intelligence, AI, strategy and the UAE Centennial 2071.
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World Future Energy Summit 2018 To Map Transition To A Sustainable Economy And Lead ’Cleantech’ Innovation
The World Future Energy Summit (WFES), the top global event for advancing renewable energy and clean technology, will return to Abu Dhabi from 15-18 January 2018.
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Boost To Abu Dhabi Trade As Khalifa Port Set To Become First In Gulf Able To Handle Some Of World’s Largest Ships After EGA Long-Term Use Agreement
Emirates Global Aluminium, the largest industrial company outside oil and gas, has signed a long-term port facility agreement with Abu Dhabi Ports to use some of the world’s largest bulk cargo vessels to import raw materials through Khalifa Port.
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Etihad Airways rolls out initiatives to ease check-in over peak season
The peak pre-Christmas travel period is fast approaching with many travellers making plans for trips home or on holiday.
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New Literature And Music Festival To Be Held In Abu Dhabi
The Department of Culture and Tourism in Abu Dhabi has announced a festival of literature and music will open this month to help commemorate Arabic Language Day.
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The Department of Culture and Tourism - Abu Dhabi Announces A-List Line-Up for New Year’s Eve Concerts on the Abu Dhabi Breakwater at Corniche
The Department of Culture and Tourism - Abu Dhabi has announced that regional superstars Hussain Al Jassmi and Tamer Hosny will be the lead acts to ring in the New Year at special concerts on Abu Dhabi Breakwater at the Corniche.
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ADNOC Distribution IPO attracts strong investor response
Following the launch of the subscription period for ADNOC Distribution’s initial public offering last week, the IPO attracted a strong response from investors.
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Louvre Abu Dhabi To Display Leonardo Da Vinci’s Salvator Mundi
Abu Dhabi’s Department of Culture and Tourism has announced that it has acquired Leonardo da Vinci’smasterpiece Salvator Mundi. The work, hailed as one of the greatest artistic rediscoveries of the last 100 years, will go on display at Louvre Abu Dhabi, alongside another da Vinci masterpiece.
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Strong Demand Spurs New Release Of Water’s Edge Homes
Demand has soared for the waterfront homes, with the units launched to date already sold out. The new release will comprise studios to three-bedroom apartments, with prices starting from AED 500,000 and ESCROW accounts with Union National Bank utilised for all purchases.
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UAE Stocks Gain AED4.4 Billion
UAE stock markets closed on a high note Wednesday, defying a winning streak on profit booking by a number of investors, with the market value of trading companies posting decent gains of AED4.4 billion by the of today’s sessions.
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Etihad Airways Introduces Second Daily Flight To Jordan
Etihad Airways is launching a second daily flight between Abu Dhabi and Amman, effective 25 March 2018.
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