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ABU DHABI NEWS

Local Time - 11:23:47 PM :
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Department Of Urban Planning & Municipalities Launches 11 New Digital Services
The launch of successive digital services is compatible with customers’ expectations and contributes to higher satisfaction rating amongst community members and strategic partners.

Islamic banks assets surge to AED565 billion in H1 2018
Assets of Islamic banks operating in the UAE amounted to AED565 billion by the end of H1 2018, a 6.7 percent growth of AED35.5 billion over the corresponding period in 2017.

UAE Banks’ ATMs Increase To 5261 By End Of June 2018
In yet another indicator of the growth in economic sentiments in the country, the number of automatic teller machines, ATM, operated by banks in the UAE hit a total of 5261 by end of June, an increase of 42 facilities from 5219 in the same month in 2017, according to CBUAE statistics.

UAE, China Accelerating Knowledge Transfer, Exchange Of Expertise
Ways of accelerating knowledge transfer and exchange of expertise were the main topics of discussion between the Director-General of the Emirates Centre for Strategic Studies and Research, ECSSR and the Ambassador of China to the UAE.

GAC Abu Dhabi Joins Abu Dhabi Airports Free Zone
Abu Dhabi Airports Free Zone, ADAFZ, today announced leading international logistics firm Gulf Agency Company, GAC, Abu Dhabi as the latest addition to its cargo terminal free zone site.

ADNIC Reports AED150.5 Million Net Profit For H1 2018
Abu Dhabi National Insurance Company, ADNIC, announced its financial results for the first half of 2018 today.

Department Of Culture And Tourism, Airbnb Team Up To Promote Emirati Experiences
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) and Airbnb, the online community marketplace which provides access to millions of unique accommodation and Experiences around the world, have teamed up to promote the UAE capital’s offerings.

Aggregate Capital, Reserves Of UAE-Based Banks Increase To AED330.2 Billion By End Of Q2
The aggregate capital and reserves of banks operating in the UAE increased by 4.4%, reaching AED 330.2 billion by the end of Q2 2018 compared to a 1.5 percent quarterly increase at the end of the same period of 2017, according to CBUAE statistics.

Abu Dhabi University Student Research Recognized At Leading Scientific Conference In Thailand
The students from ADU’s College of Engineering, were honored with an award for ’best presentation and idea’ for their contribution at a workshop held in parallel with the main ICCMP conference.

Al Hilal Bank, ADGM Partner To Promote Islamic Finance
Al Hilal Bank has announced a new partnership with the Abu Dhabi Global Market, ADGM, aimed at promoting Islamic Finance in Abu Dhabi and across the UAE.

UAE Cabinet Approves UAE Space Agency Board Structure
The UAE Cabinet has approved the restructuring of the board of the UAE Space Agency under the chairmanship of Dr. Ahmad bin Abdullah Humaid Belhoul Al Falasi, Minister of State for Higher Education and Advanced Skills.

Abu Dhabi Classics Hosts The Bayreuth Festival’s International Opera Debut Of The Valkyrie In Abu Dhabi
The Bayreuth Festival is renowned for its outstanding performances of the 19th-Century German composer Richard Wagner’s operas, performed in a special theatre, the Bayreuth Festspielhaus, designed by Wagner himself, so that he could produce his own works.

Abu Dhabi’s Hotels Report 6 Per Cent Rise In Guest Numbers In June
Completing a record-breaking first half of the year, June’s results reveal the department’s plans to exceed 2017’s numbers of guest arrivals, when close to five million people stayed in the emirate, are on track.

Total Cash Withdrawals Through UAESWITCH Rose 3.6 Percent To AED137.5 Bn In 2017
Total cash withdrawals through the UAESWITCH, the national ATM-sharing scheme, rose 3.6 percent to AED137.5 billion in 2017 as compared to figures of 2016, according to statistics of the Central Bank of the UAE, CBUAE.

UAE Space Sector Performance, Impact Assessed
The UAE Space Agency, UAESA, concluded last week in Abu Dhabi the first national workshop on measuring the space economy.

Abu Dhabi Ports Graduates First Batch Of VET Trainees
Abu Dhabi Ports announced today the graduation of the first batch of trainees on its Vocational Education Training, VET, in maritime operations.

NYU Abu Dhabi Publishes Book On Emirati Culture
NYU Abu Dhabi’s Senior Lecturer of Arabic, Nasser Isleem, has published a book that highlights aspects of the UAE’s rich heritage and culture, and identifies more than 2,000 Emirati common words and expressions, introducing readers to the everyday spoken Emirati dialect.

TRA Organises Lecture On Security Awareness
The General Authority for Regulating the Telecommunications Sector, TRA, has organised a staff security awareness lecture entitled, "We Are All Partners in Our Nation’s Security," to strengthen the strategic partnership and create security and national awareness among segments of society.

UAE Office For Future Food Security And Masdar Sign MoU To Strengthen Research And Development To Advance National Food Security
The agreement was signed at the Masdar headquarters in Masdar City, Abu Dhabi by Her Excellency Mariam bint Mohammed Saeed Hareb Almheiri, Minister of State for Future Food Security, and Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar.

ADDED Expands Tajer Abu Dhabi To All UAE Residents
The department has also expanded the legal formats accepted under Tajer Abu Dhabi licence to three; the establishment and one-person company for Emiratis and GCC nationals, and limited liability company for residents in partnership with Emiratis.

ADU Allocates AED11.5 Million For Scholarship, Financial Aid For 2018
With this allocation, ADU’s Scholarships and Financial Aid Fund has succeeded in easing financial burdens of more than 8,643 students through contributing over AED151,000,000 since its inception in 2003.

Musanada Launches Initiative For Elderly Inpatients
A delegation from Abu Dhabi General Services Company, Musanada, on Saturday paid a visit to elderly inpatients at Sheikh Khalifa Medical City, SKMC, one of the facilities of Abu Dhabi Health Services Company (SEHA).

Tickets Selling Fast With Final Chance To Save For This Year’s Abu Dhabi Grand Prix
Time is running out to save on tickets for the FORMULA 1 2018 ETIHAD AIRWAYS ABU DHABI GRAND PRIX - the region’s biggest sporting and entertainment event. With tickets already selling out for some of the most popular sections, race fans are being urged to act fast or risk missing out.

Department Of Transport Offers "Hail And Ride" Service In Abu Dhabi, Its Suburbs
The Department of Transport (DoT) in Abu Dhabi announced a new free bus service "Hail and Ride" in Abu Dhabi and its suburbs.

Zakat Fund Records Total Revenues Of AED165 Million During First Half Of 2018
The Zakat Fund has recorded total revenues of AED164.95 million during the first half of 2018, an increase of 16 percent over the same period in 2017, amounting to AED141.8 million, said Abdullah bin Aqeedah Al Muhairi, Secretary-General of the Zakat Fund.

Founder’s Memorial Attracts More Than 28,000 Visitors Since Public Opening
More than 28,000 people visited The Founder’s Memorial in Abu Dhabi, since its public opening on 22nd April, 2018, becoming one of the major landmarks of the emirate.

DCT Abu Dhabi, ERC Hold Joint Workshop With Hotel Sector
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Emirates Red Crescent, ERC, recently hosted a workshop with representatives from leading hotel establishments.

The Department Of Culture And Tourism - Abu Dhabi And Emirates Red Crescent Society Hold Joint Workshop With Hotel Sector
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) and Emirates Red Crescent Society, the UAE affiliate of the International Federation of Red Cross and Red Crescent Societies, recently hosted a workshop with representatives from leading hotel establishments.

UAE-China Week Will Be Held Annually
The Ministry of Culture and Knowledge Development and the Public Diplomacy and Culture Directorate at the Ministry of Foreign Affairs and International Cooperation, have announced to hold the UAE-China Week annually.

ADIB’s Board Recommends Increasing Capital Through A Rights Issue
The rights issue is subject to regulatory approvals and by the bank’s shareholders at a general meeting, which will be scheduled for the coming weeks.

ADX Grants Daman Investments TSS Licence
In line with its strategy to enhance the UAE’s investment environment and support its sustainable economic growth, the Abu Dhabi Securities Exchange, ADX, granted Daman with the licence to provide Technical Short Selling, TSS, serviced to its clients.

TRA’s ’Bashr’ Initiative Covers 1200 Business Activities
The "Start Your Business in 15 Minutes ’Bashr’ initiative, launched earlier this month by the General Authority for Regulating the Telecommunications Sector (TRA) covers up to 1200 business activities in its first phase, according to a TRA official.

ADP Monitors Longest Lunar Eclipse In 21st Century
He noted that the anticipated eclipse will be the longest in the 21st century and will be visible from the UAE, and they will allow the public to monitor the phenomenon through an observatory installed in the mobile observatory during the eclipse.

EGA Signs Agreement With Gulf Cement To Create Value From Waste
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, has signed an agreement with Gulf Cement Company to supply a by-product from aluminium smelting over the next three years for use in cement manufacturing.

Abu Dhabi University Students Participate In Field Trip To Italy
Abu Dhabi University (ADU), an internationally recognized academic institution for quality education and applied research,organized a field trip for 12 students from its Master of Strategic Leadership program to Milan and Northern Italy.

Minister Of Tolerance Office, Etihad Airways Sign Agreement
The Office of the Minister of Tolerance and Etihad Airways have signed a cooperation agreement to promote the values of tolerance, coexistence and respect for diversity.

ADGM Issues Public Consult For PFPs Framework
Abu Dhabi Global Market, ADGM, the International Financial Centre in Abu Dhabi, today published a consultation paper setting out its proposed regulatory framework for operators of Private Financing Platforms, PFPs, in ADGM.

UAE Monetary Base Expands To AED354 Billion
The monetary base expanded by 1.1 percent to AED354 billion during June from AED350 billion in May, according to CBUAE statistics released today.

ADM Records Remarkable Increase In Demand For Digital Services
The Abu Dhabi City Municipality confirmed that the digital services launched recently attracted a large number of clients who used the service after the trial run phase.

Sheikh Mohammed Bin Rashid And Sheikh Mohamed Bin Zayed Inaugurate Warner Bros. World Abu Dhabi On Yas Island
Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum and Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces His Highness Sheikh Mohamed bin Zayed Al Nahyan, yesterday inaugurated Warner Bros.

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