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Gulf Capital Closes Its Second Private Debt Fund Above Its $250 Million Target
Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, today announced the successful final close of its second private debt and mezzanine fund, Gulf Credit Opportunities Fund II, over its target cover of US$250 Million (AED925 million).
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Second Abu Dhabi Competitiveness Report 2016 launched
Due to the dramatic drop in oil prices in 2014, the decline in the emirate’s growth expectations is inevitable, but such decline is expected to be mitigated by the contribution of non-petroleum commodities sectors which will reduce the impact of the decline in oil prices.
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Foreign Investors Acquire AED2.97 Billion Worth Of Shares On ADX
The value of shares bought by foreign investors registered at the Abu Dhabi Securities Exchange in November 2016, amounted to AED2.97 billion, constituting 48.3 per cent of the total trading value.
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Masdar Launches 5th International ’Engage’ Blogging Contest
Abu Dhabi’s renewable energy company, Masdar, has launched its fifth annual international ’Engage’ blogging contest ahead of the Abu Dhabi Sustainability Week, ADSW, 2017, in January.
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Emirates Islamic and Emirates Foundation join forces to support youth development and boost talent pipeline in UAE
Emirates Islamic and Emirates Foundation have joined forces to identify, attract, and develop critical talent to support the growing need for qualified youth in the private sector, particularly the banking industry.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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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GuestPosts.Biz Offers A Platform for Bloggers to Publish Guest Posts and Text Links
Google cares about who you link to from your site and the quality of that website’s content. Guest posts and text links are considered to be the best and most reliable methods to create high quality.
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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.
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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.
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International Franchise Conference & Exhibition 2016 Attracts 300 Companies And 500 Participants
The 2016 edition of the International Franchise Conference & Exhibition began today, Wednesday 14th December, at the Abu Dhabi National Exhibition Centre (ADNEC). The event, which is organized by the Abu Dhabi Chamber of Commerce and Industry.
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Miral Announces Plans To Develop Seaworld On Yas Island
Miral and SeaWorld Entertainment today announced a partnership to develop SeaWorld Abu Dhabi, a first-of-its-kind marine life themed park on Yas Island.
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Global Summit Of Women Speakers Of Parliament 2016: United Efforts Vital To Advance Peace And Security
Amidst an unprecedented rise of terrorism across the globe, the Global Summit of Women Speakers of Parliament dedicated its second panel discussion to devising viable plans for advancing peace and stability in the world.
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Abu Dhabi Ports Hosts The Region’s First IPCSA Conference
The UAE has embraced technology and knowledge as a means to create innovative solutions and has become a pioneering country in developing smart cities, according to Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports.
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Abu Dhabi Sustainability Week Set To Drive Business Opportunities As Investment In Renewables Reaches Record High
The 2017 edition of Abu Dhabi Sustainability Week (ADSW) is on track to be the most important in the event’s history for driving commercially focused action, said industry leaders at a press event on Wednesday.
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’Winterfest’ Celebrations Kick-Off At Ferrari World Abu Dhabi With Emirati Ice Princess’s Solo
The enchanting ’Winterfest’ is making return to Ferrari World Abu Dhabi for the fourth consecutive year, with an array of festive family-friendly activities and shows running from 16 December 2016 to 07 January 2017.
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Arab Thought Foundation To Hold FIKR15 Conference In Abu Dhabi
Under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and in collaboration with the Arab League Secretary-General, the Arab Thought Foundation, ATF, will hold its annual FIKR15 conference in Abu Dhabi at the St. Regis Saadiyat from December 12th - 14th.
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Foreign, Institutional Investments In ADX Jump To AED7.9 Billion By November
Foreign and institutional investments at the Abu Dhabi Securities Exchange (ADX) totalled AED7.9 billion by the end of November 2016.
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Deals Worth AED3.8 Billion Signed As SIAL 2016 Wraps-Up
The seventh annual SIAL Middle East exhibition, the fastest growing event for the region’s food, drink and hospitality sectors, concluded on Wednesday at the Abu Dhabi National Exhibition Centre (ADNEC) with a record number of deals worth AED 3.8 billions.
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Aldar Extends Ownership Of West Yas Development To All Nationalities As Demand For Yas Island Living Grows
Aldar Properties PJSC (’Aldar’), Abu Dhabi’s leading listed property development, investment and management company, is pleased to announce that homes within its West Yas development are now available for purchase by all nationalities.
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FGB and NBAD shareholders approve merger to create UAE’s largest bank
Shareholders in First Gulf Bank PJSC and National Bank of Abu Dhabi have approved a proposed merger of the two banks, which will create the largest financial institution in the United Arab Emirates, UAE, with assets of approximately AED655 billion (US$178 billion).
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Etihad Airways Wins ’World’s Leading Airline’ Award For 8th Consecutive Year
Etihad Airways has once again collected the "World’s Leading Airline" award at the 23rd annual World Travel Awards, WTA, Grand Final Gala Ceremony 2016. This marks the eighth consecutive year that the airline has received the prestigious accolade.
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Image Nation Abu Dhabi Crowns Winners Of Coveted Arab Film Studio Programs
The regional film industry received another major boost last night as Image Nation Abu Dhabi, one of the leading media and entertainment companies in the Middle East, announced the winners of its fifth annual short film competition, Arab Film Studio.
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GMIS Forges International Links In The Run Up To Inaugural Summit
The Global Manufacturing and Industrialisation Summit, GMIS, has signed a Memorandum of Understanding, MoU, with the Association of Industrial Unions in Slovakia as part of the summit’s international roadshow to major manufacturing economies around the globe.
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International Association For Official Statistics Launched In Abu Dhabi
The 15th Conference of the International Association for Official Statistics, 2016 IAOS, was launched today under the patronage of H.H. Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council.
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