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ABU DHABI NEWS

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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.

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.

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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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.

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.

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.

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.

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.

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.

’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.

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.

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.

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.

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.

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).

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.

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.

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.

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.

Nahyan Bin Mubarak Opens SIAL Middle East 2016
Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, inaugurated SIAL Middle East 2016 today at Abu Dhabi National Exhibition Centre.

DHL, Mubadala Development Company Form Strategic Partnership
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, and Mubadala Development Company, the Abu Dhabi-based investment and development company, have initiated a strategic partnership for the next five years.

Zayed University Launches Inveslamic Club To Promote Islamic Economics And Ethical Finance
In line with Dubai’s ambition to become a hub for Islamic economics and finance, a group of around 200 students at Zayed University launched the InveSlamic Club at an event held recently on the Abu Dhabi campus.

Yas Mall Brings ’Festive Fantasia’ This December For All The Family
Full of festive cheer this December as Yas Mall will be transformed into a Festive Fantasia, complete with magical performances and live entertainment to bring fun and laughter for families and friends.

Receding Demand Continues To Soften Abu Dhabi Real Estate Market, Says Cluttons
The current ’wait and see’ attitude that has been adopted by potential buyers in Abu Dhabi is a direct result of wider global economic trends, and economic uncertainty caused by the recent US presidential election, according to international real estate consultancy, Cluttons.

UAE Granted 185 Patents In First Ten Months Of 2016
From January to October 2016, the Ministry of Economy’s International Centre for Patents Registration, ICPR, granted 185 patents out of 1,368 registered applications, ministry data shows.

Abu Dhabi Falcon Hospital Wins World Responsible Tourism Award
The Abu Dhabi Falcon Hospital (ADFH) has been awarded the coveted ’World Responsible Tourism Award 2016’ for the first time at the annual World Travel Awards (WTA) Grand Final Gala Ceremony 2016.

Zayed Giving Initiative launches largest heart image
Zayed Giving Initiative has launched the world’s largest pulsating human heart model to highlight its campaign to treat the underprivileged including the elderly and children worldwide.

Clinica Joelle Announces A 3-Day Cosmetology Booth In Yasmall Abu Dhabi
The three day event will also include up and close talks with the doctors combined with fun and exciting competitions for all attendees. Yas Mall visitors and eager fans will also have the chance to meet Joelle who will be present at the Clinica Joelle on Saturday 10thDecember 2016 at 8:00 PM.

First Bloomberg Markets Most Influential Summit Abu Dhabi to Convene the Leaders and Innovators in Finance Shaping the Future of Investing
The Bloomberg Markets Most Influential Summit will make its Middle Eastern debut in Abu Dhabi this week, convening global financial leaders and investors who are moving markets, driving economies and making deals that will shape the future financial landscape.

Greek PM Visits Sheikh Zayed Grand Mosque In Abu Dhabi
Alexis Tsipras, Prime Minister of Greece, and his wife, accompanied by Sultan Mohammad Majid Ali, UAE Ambassador to Greece, visited Sheikh Zayed Grand Mosque in Abu Dhabi as part of his official visit to the state.

IAOS 2016 To Examine Best Practices In Statistical Data Management
Abu Dhabi will host the 15th Conference of the International Association for Official Statistics (IAOS 2016) from 6th to 8th December at Abu Dhabi National Exhibition Centre.

Emirates Palace Receives Top Honour At Prestigious World Travel Awards
Emirates Palace in Abu Dhabi swept a top honour last night as the ’World’s Leading Luxury Beach Resort’ for the fourth year in a row.

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