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ABU DHABI NEWS

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With 39 Percent Share Purchase From Mubadala, OMV To Acquire Majority Stake In Borealis For US$4.68 Billion
Mubadala Investment Company and OMV - the international integrated oil and gas company headquartered in Vienna - on Thursday signed an agreement that will give OMV a majority stake in Borealis, one of Europe’s leading petrochemical companies.

11 New COVID-19 Cases In UAE: MoHAP
The Ministry of Health and Prevention, MoHAP, has announced 11 new cases of the coronavirus, COVID-19, in the UAE on Thursday.

Following India’s Advisory, UAE Calls Citizens To Refrain From Travelling To India
The UAE has called on its citizens to refrain from travelling to India at present time, following recent concerns on the new coronavirus, COVID-19, outbreaks in a number of countries.

Digital Transformation Heralds A New Era For Al Wathba Insurance Company
Al Wathba Insurance Company (AWNIC), UAE’s leading insurance provider, announces that its digital transformation strategy has resulted in a 10% increase in customers in its first year.

ADNOC Positioned To Increase Supply To Over 4 mmbpd This April: Sultan Al Jaber
UAE Minister of State and ADNOC Group CEO, Dr. Sultan Ahmed Al Jaber has commented on recent market developments, noting that the UAE oil company is set to supply the market with over four million barrels of oil per day in April 2020.

AED1.8 Trillion Of Fund Transfers Between UAE Banks In Two Months
The total value of fund transfers among the UAE’s banks grew 6.9 percent YoY to around AED1.8 trillion in the first two months of 2020, according to figures released recently by CBUAE.

Golf Holidays to the US Masters
Celebrate golf vacations by exploring world-class golf destinations as legendary, quiet and others with mountainous settings.

Update On Al Rahba From SEHA
Al Rahba Emergency Department will be temporarily closed, and for medical emergencies such as severe chest pain, loss of consciousness or serious injury needing immediate attention, patients will need to go to the nearest alternative facility.

6 Tips To Improve Your IELTS Listening Score
If you are planning to take the IELTS for the first time, you should do some hard work for all the IELTS preparations. If you have taken the test earlier and have not succeeded in it, then you can get the benefit of studying this article.

Mohamed Bin Zayed, WHO Chief Review Global Fight Against Coronavirus
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has re-affirmed the UAE’s full preparedness to continue to cooperate with the World Health Organisation.

20 For 2020 Launched To Increase Female Representation On UAE Boards
Sheikha Shamma bint Sultan bin Khalifa Al Nahyan today announced the launch of ’20 for 2020’, an innovative programme launched to drive gender balance at a board-level.

2019 ADBC Business Activity Report Shows 63.9 Per Cent Increase In New Economic Licenses Issued In Abu Dhabi
The ADBC report also shows that the number of renewed economic licenses in 2019 reached 80,477 licenses, demonstrating the business sector’s rapid growth pace and the confidence of investors and businessmen in Abu Dhabi’s thriving business environment.

Rabdan Academy Puts Distance Learning Platforms In Action
The Academy worked on designing different teaching programs and short courses to suit different platforms, using a bundle of teaching tools through (face-to-face) meetings and online conferences (voice and video), in addition to digital teaching tools like digital libraries, multimedia and others.

Abu Dhabi Exports Office Approves AED550 Million To Finance UAE Exports In 2020
During its first meeting for the year, the committee discussed a number of requests to finance exports, as well as reviewed the strategies developed to promote services provided by ADEX locally and globally for the coming period.

Dedicated Health Centre Established To Monitor Wuhan Evacuees At Emirates Humanitarian City
The UAE has announced the establishment of a preventative health centre within the Emirates Humanitarian City complex, to provide 24-hour health care for Arab students and residents evacuated from Wuhan, China - the epicentre of the coronavirus, COVID-19, outbreak.

ADIB Wins Best Islamic Bank In The Middle East And Best Islamic Bank In The UAE At EMEA Finance Middle East Banking Awards
Launched in 2008, the EMEA Finance Banking Awards distinguishes the best-performing commercial, investment and Islamic banks in countries across the Middle East.

Health Ministry Advises Public Not To Travel Amid Global Coronavirus Outbreak
The Ministry of Health and Prevention, MoHAP, has urged citizens and residents to avoid traveling abroad due to the spread of COVID-19 in multiple countries.

Abu Dhabi Ports To Develop World’s First Unmanned Autonomous Commercial Tugboats
Abu Dhabi Ports announced today its collaboration with a global commercial vessel designer and tugboat leader, Robert Allan Ltd., to develop the world’s first fully unmanned autonomous commercial marine tugs.

Abu Dhabi International Book Fair Postponed
The 30th edition of the Abu Dhabi International Book Fair has been postponed, the Department of Culture and Tourism - Abu Dhabi, announced on Wednesday.

Documentary On Sheikh Zayed Shown In Russia As Part Of ’UAE Day’
Skolkovo Innovation Centre in the Russian Capital, Moscow, yesterday organised a special event to celebrate ’UAE Day’.

UAE Evacuates Arab Nationals From China, Evacuees To Receive Medical Care At Emirates Humanitarian City
The United Arab Emirates has coordinated the evacuation of Arab nationals from Wuhan City in China. The evacuees will be received at the newly established Emirates Humanitarian City in the UAE, and will undergo medical testing and monitoring to ensure their health and safety.

ADIB Launches ADIB Direct eFX Platform Providing Online Currency Rates And Execution For Businesses
Aimed at businesses of all sizes, ADIB Direct automates many services delivering significant cost and time efficiencies.

UAE Becomes First Peaceful Nuclear Operating Nation In Arab World
The Emirates Nuclear Energy Corporation, ENEC, announced today that, following the successful completion of fuel assembly loading into Unit 1, the UAE has officially become a peaceful nuclear energy operating nation.

Top 5 Creative Ways to Celebrate Romance
If you’re racking your brains on how to best spend a romantic moment together with your significant other, read on and be inspired by these ideas.

FAB Launches Innovative Payment As A Platform Service For Merchants
The platform can converge card payments, new payment methods including domestic and international digital wallets, loyalty programs, QR solutions, and value-added services such as buy-now-pay-later and easy-instalment plans, onto a single service layer.

AED254.4 Million Roads And Infrastructure Work Completed In Abu Dhabi: Musanada
An AED254.4-million infrastructure project has been completed in the Al Shawamekh area, Abu Dhabi.

New Committees Launched To Promote Growth Of UAE Banking Sector
As the official representative body of the UAE banking industry, the Federation introduced the new committees to enhance the sector’s ecosystem, and support both banks and the local community.

Laboratory Tests Confirm 167 Quarantined Contacts Free Of COVID-19: Department Of Health - Abu Dhabi
The Department of Health - Abu Dhabi, DoH-AD affirmed that laboratory tests conducted for 167 cases of quarantined contacts of two cases of Coronavirus, COVID-19, announced on Thursday, have returned negative.

ZHO Launches Sign Language Awareness Campaign About COVID-19
The ZHO has translated the campaign in sign language for the deaf in Arabic, English and Chinese to raise awareness about virus prevention.

Artificial Intelligence Key Focus At ISNR Abu Dhabi 2020
The 2020 edition of the International Exhibition for National Security and Resilience, ISNR Abu Dhabi, is placing a strong emphasis on artificial intelligence.

UAE Space Agency Unites Industry Leaders In GSIA Strategic Workshop
The UAE Space Agency conducted a strategic workshop on the Global Space Industry Accelerator (GSIA) to identify key industry challenges that can be addressed through space and shed light on the status of intellectual property (IP) in the sector.

Khalid Bin Mohamed Bin Zayed Launches ’Teyaseer’ Support Services For Emirati Housing Programme
H.H. Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, and in the presence of H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan.

US$5 million Mohamed Bin Zayed International Robotics Challenge 2020 Concludes In Abu Dhabi
The Khalifa University of Science and Technology, organisers of the Mohamed bin Zayed International Robotics Challenge, MBZIRC, today announced that MBZIRC 2020.

Aldar Partners With Leading Financial Institutions For Limited Time Exclusive Home Finance Offer With Rates From 2.99%
The market beating offer is a collaboration between Aldar, ADF and ADIB to ensure that owning property in the UAE Capital is as accessible as possible.

ADAFSA Develops Smart Algorithm To Eradicate PPR
The algorithm works by connecting together PPR vaccination data and animal identification and registration system data, to fight the disease according to its impact on animals.

UAE School Students To Learn About Food Sustainability
A new programme for schools to teach students in the UAE about the importance of food sustainability and empower them to make environmentally responsible choices is to be launched by Madar Farms later this year.

’The National’ Wins Google Innovation Grant
As part of the prestigious award, The National will be developing a new voice service with funding from Google. Both entities see voice spoken content as becoming more important for consumers today and in the future.

Abu Dhabi Finance & Aldar Properties Enter Strategic Partnership To Offer Exclusive Home Finance
The aim of the collaboration between ADF and Aldar is to provide a market-beating offer that ensures that owning property in the UAE’S capital is as accessible as possible.

ADDED, ADNOC Sign Agreement To Drive In-Country Value For Abu Dhabi
The Abu Dhabi Department of Economic Development, ADDED, and the Abu Dhabi National Oil Company, ADNOC, today signed a Memorandum of Understanding, MoU, to enhance cooperation and drive in-country value, ICV, for Abu Dhabi following the success of ADNOC’s ICV programme.

UAE’s Health Sector Attains Numerous Milestones
Since 1971, the UAE’s health sector has witnessed numerous milestones and significant achievements, in line with renewed health challenges.

Khalifa Fund Signs $25 Million Project Financing Agreement To Support SMEs In Mozambique
The Khalifa Fund for Enterprise Development, KFED, and the Ministry of Economy and Finance of the Republic of Mozambique signed an AED92 million (US$25 million) Memorandum of Understanding, MoU, to support innovation and entrepreneurship projects for women and the youth.

FAB Shareholders Approve Dividends Of AED 8.08 Billion And Elect New Board Members At General Assembly Meeting
First Abu Dhabi Bank (FAB) concluded its General Assembly Meeting (GAM) today at FAB’s headquarters in Abu Dhabi.

FCA To Launch Mobile Passenger Inspection Unit
The Federal Customs Authority, FCA, today announced the launch of the Smart Mobile Passenger Inspection Unit, which will be put into use early next month in the country’s customs centres and land, air and sea entry and exit points.

Abu Dhabi Celebrates Record-Breaking Year With More Than 500,000 Cruise Visitors During 2019
After a successful 2019 in which more than 518,000 cruise visitors arrived in emirate, the Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) has announced a number of key maritime initiatives for 2020 to further boost tourism in the sector.

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