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ABU DHABI NEWS

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Silver Arrows Fly Again At Yas Marina Circuit
Lewis Hamilton has claimed his fourth pole position at Yas Marina Circuit, his 11th of the 2018 season and the 83rd of his Formula 1® career in a stunning Saturday night performance by world champions Mercedes.

IVI Middle East Fertility To Host The Region’s Largest, Most Prestigious Conference For Assisted Reproductive Technologies (ART) In The UAE
The incidence of infertility is on the rise in the UAE. Research indicates that the causes can be attributed to both female and male conditions. Hence, there is a growing demand for infertility treatments.

Aqdar World Summit Starts This Monday In Abu Dhabi
Aqdar World Summit, the global event that discuses various topics in the field of sustainable development and human empowerment, is set to begin this Monday, 26 November 2018, in Abu Dhabi National Exhibition Centre -ADNEC.

AkzoNobel Brings A Modern Twist To McLaren’s Heritage Papaya Colour At The Abu Dhabi Grand Prix 2018
At the Abu Dhabi Grand Prix 2018, one of the Middle East’s largest entertainment event, all eyes will be on McLaren, as it will sport a bright new colour created by AkzoNobel experts.

Arab Authority For Agricultural Investment And Development Supports SIAL Middle East 2018 As Exclusive Agricultural Investment Partner
The Arab Authority for Agricultural Investment and Development (AAAID), an independent multilateral financial institution that aims to achieve food security in the Arab world, has announced its support for SIAL Middle East 2018 as its Exclusive Agricultural Investment Partner.

MMEC Mannesmann Opens Regional Headquarters In Abu Dhabi To Expand Its Presence In The MENA Region
The German engineering contractor is known for executing complex projects (upstream and downstream) for oil and gas and chemical and petrochemical industries, covering the entire cycle from early project development.

UAE Leads Global Efforts To Combat Illegal Trade
Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council, praised the international participation witnessed by the World Trade Development Week, which was held in Abu Dhabi.

Gerab Group Establishes Operations At KIZAD And Khalifa Port With Three New Major Developments
Khalifa Industrial Zone Abu Dhabi (KIZAD), the largest industrial zone in the Middle East and a subsidiary of Abu Dhabi Ports, has announced that Gerab National Enterprises LLC (Gerab Group), the leading bulk stockist and supplier of seamless pipes.

’Sheikh Zayed And Europe A Journey’ Opens To Public On 25th November
The exhibition will take place at The Founder’s Memorial Abu Dhabi Corniche, on 25th November until 31st December, 2018 and it will be open to the public.

Confidence In Emirati Economy Will Increase In 2019: UAE International Investors Council
It will also increase the confidence in the capacity of the Emirati economy to achieve professionalism and competitiveness, he added.

Zayed Grand Prize For Camel Racing To Take Place 4th December
The Zayed Grand Prize for Camel Racing, taking place during the Year of Zayed, is an important sporting event that holds a deep cultural significance to GCC states.

Jumeirah At Etihad Towers Partners With Make A Wish Foundation And Etihad Airways Grand Prix To Make Children’s Wildest Dreams Come True
Jumeirah at Etihad Towers will host an exclusive charitable evening on Thursday 22nd November at the Aston Martin Showroom, Etihad Towers, to help the Make A Wish Foundation grant wishes for sick children, through fundraising in partnership with this year’s Etihad Airways Abu Dhabi Grand Prix.

NYUAD Art Gallery To Present Work Of Swiss Artist Zimoun In 2019
Open to the public from 26th February to 1st June, 2019, this exhibition will feature five immersive audio-visual installations, including a major new commission, an expansive room-sized installation that will be unveiled on the opening night.

Indian Spiritual Leader Visits Sheikh Zayed Mosque
Indian spiritual leader, Gurudev Sri Sri Ravi Shankar, today visited the Sheikh Zayed Grand Mosque Centre, SZGMC, and hailed the UAE model for tolerance, cultural pluralism, and peaceful co-existence.

Careem And TransAD Launch New Programme To Provide New Income Opportunity For Emirati Workforce In Abu Dhabi
In collaboration with TransAD, Careem has introduced a new programme to provide flexible and safe income earning opportunities to Emiratis and sons and daughters of Emirati women living in Abu Dhabi.

Abu Dhabi Fund For Development Finances Mobile Training Unit In Guinea
Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has financed the construction of the US$1.5 million Mobile Training Unit.

Twofour54 Named Broadcast Services Provider Of The Year
twofour54 Abu Dhabi has been named ’Broadcast Services Provider of the Year’ by BroadcastPro at the publication’s annual awards that recognise the best in the business across the region.

STYRO Invests Over AED 70 Million In New Production Unit
STYRO, a leading Expanded Polystyrene (EPS) manufacturer in the Middle East has opened a 40,000 Sq. meter production facility in Abu Dhabi with an initial investment of AED 70 million; to meet a growing demand for its products and services - especially within the construction.

Abu Dhabi Expands Programme For World’s Largest Oil And Gas Technical Conference
The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), already the world’s largest for oil and gas professionals, has seen a significant increase in scope for its 2018 edition as the industry adapts to rapid change and embraces the power of emerging technology.

ADNOC And Mubadala To Jointly Explore Global Investment And Growth Opportunities As ADNOC Expands Its Downstream Footprint
The agreement was signed by Abdulaziz Alhajri, Director of ADNOC’s Downstream Directorate, and Musabbeh Al Kaabi, CEO of Petroleum and Petrochemicals at Mubadala, during the Abu Dhabi International Petroleum Conference and Exhibition (ADIPEC) being held in Abu Dhabi.

Dusit Thani Abu Dhabi Wins World Luxury Hotel Award 2018
Dusit Thani Abu Dhabi is crowned as the global winner at the prestigious World Luxury Hotel Awards 2018. The 527-key hotel has received this accolade in the most coveted category of "Luxury Banquet/Event Hotel".

Middle East Glass, A Gulf Capital Portfolio Company, Announces The Successful Sale Of A 74% Stake In Its PET Subsidiary, Medco Plast, To Indorama Ventures
Gulf Capital worked closely, through its investment in Middle East Glass, with Medco Plast’s management team to cement the company’s position as a leader in the beverage preform market, to expand its export business and diversify its product offerings into edible oil closures.

Abu Dhabi To Host Interfaith Alliance For Safer Communities Forum On November 19
The UAE is set to host the first session of the Interfaith Alliance for Safer Communities: Child Dignity in the Digital Age Forum on 19th and 20th November.

Abu Dhabi Fund For Development Loans Worth Over US$50 Million Available For IRENA-Recommended Renewable Energy Projects
ADFD has committed US$350 million (AED1.285 billion) in concessionary loans over seven annual funding cycles to renewable energy projects recommended by IRENA.

ADNOC Signs First Hail, Ghasha And Dalma Ultra-Sour Gas Concession With Italy’s Eni
The concession, which has a term of 40 years, was signed by His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO and Claudio Descalzi, CEO of ENI.

Abu Dhabi Festival Announces Performance With American Mezzo-Soprano Joyce DiDonato
Abu Dhabi Festival announced today the pre-festival performance of its 16th annual cultural and artistic festival.

Abu Dhabi Hosts ’Wilton Park Inclusive Citizenship Dialogues’
Religious leaders at the ’Wilton Park Inclusive Citizenship Dialogues’ on Monday underlined the importance of promoting ’inclusive citizenship’ through dialogue for better religious harmony and understanding among different religions, as part of the Forum for Promoting Peace in Muslim Societies.

UAE, Uruguay Trade Exchange Reaches US$43.6 Million In 2017
The total value of trade exchange between the United Arab Emirates and Uruguay reached US$43.6 million in 2017, with a growth of 26.5% compared to US$34 million in 2016.

Policy Makers Discuss Ways To Strengthen UAE’s Innovation Ecosystem
The Ministry of Economy, MoE, has organised a session which brought together more than 50 industry professionals, policy makers, representatives of universities, venture capital firms, various foundations and federal and local government organisations, to discuss the UAE’s innovation agenda.

ADNOC Signs Agreement Granting Total A 40% Stake In Unconventional Gas Concession
On behalf of the Abu Dhabi government, the Abu Dhabi National Oil Company (ADNOC) has signed an agreement with French oil and gas major Total, granting it a 40% stake in the Ruwais Diyab Unconventional Gas Concession.

Al Hilal Bank Launches Deerfields Mall Branch
Al Hilal Bank has officially launched its newest branch at the Deerfields Mall in Al Bahia, Abu Dhabi, with a ribbon-cutting ceremony attended by the Bank’s senior management, including Al Hilal Bank CEO, Alex Coelho.

Al Ain, Wuxi Sign Twin-City Agreement
Al Ain City signed a twin city agreement with Wuxi, in the southern Jiangsu province, China, for cooperation in urban planning, education, sports, tourism, culture and arts, as well as trade and investment.

’Roads Of Arabia’ Exhibition Opens At Louvre Abu Dhabi
Organised by the Saudi Commission for Tourism and National Heritage (SCTH), "Roads of Arabia" is one of the most important exhibitions focusing on Saudi Arabia and the Arabian Peninsula as a whole to tour world museums.

Abu Dhabi Municipality Wins ’World Smart City Award’ At Sigfox Congress, Berlin
The Abu Dhabi City Municipality, ADM, has made a new achievement by winning the "World Smart City Award for the Fastest Growing Practices", presented by the German Sigfox Connect Company in Berlin. The awards attracted the participation of 52 countries from all over the world.

Eleven listed insurance firms post AED805 mn in combined profit in nine months
Eleven listed Emirati insurance companies posted AED805 million in combined profit during the first nine months of 2018, a growth of 18.5 percent from AED681 million during the corresponding period in 2017.

FAB Launches AI Analytics Portal For Merchants In Partnership With Al-Futtaim
First Abu Dhabi Bank, FAB, has launched a new portal powered by Artificial Intelligence, AI, and Machine Learning tools to deliver advanced analytics to merchants. FAB piloted the solution with Al-Futtaim, one of the most diversified privately held regional businesses.

Finance Conference Speakers Take A More Optimistic View Of Shipping Market Trends
The fourth Maritime Standard Ship Finance and Trade Conference, held at Abu Dhabi’s Sheraton Hotel and Resort, was in many ways very different from the preceding three events in this increasingly popular series.

Government Deposits To All-Time High Of AED286 bn
The growth is attributed to rising oil prices, which grew by 35 percent during the past 12 months, reflecting positively on the total assets of the banking sector.

Programme Of Inaugural Edition Of Al Burda Festival Announced
Set to run on 14th November, 2018, at Warehouse421 in Abu Dhabi, the event will renew the UAE’s commitment to preserving and promoting Islamic art forms and traditions across the globe while encouraging innovation for the future.

UAE Stocks Gain AED5 bn
The positive mood left the Abu Dhabi Securities Exchange General Index high by the end of today’s session at 5003 points, up 0.63 percent on day, with Dubai Financial Market following suit by 0.74 percent to 2815 points.

UAE Named World’s 10th Most Dominant Economic, Political Power
The United Arab Emirates ranked 10th on the list of the world’s most dominant economic and political powers in 2018, according to the US News World Report, where US headed the list, followed by Russia, China, UK, Germany, France and Japan, respectively, with Saudi Arabia coming ninth.

Siemens, Oil And Gas Firms To Tap Undiscovered Data Assets With Digitalization
With its expertise in rotating, electrical, automation, and digital solutions, Siemens is perfectly positioned to help oil and gas customers combine the digital and mechanical worlds, particularly in the context of a changing market landscape.

Abu Dhabi Securities Exchange Issues Thought Paper On Crypto Assets
Abu Dhabi Securities Exchange, ADX, has announced the issuance of a thought paper on infrastructure for crypto and distributed ledger environment, and financial market infrastructures.

The Story Of Abu Dhabi And Its People Revealed In Qasr Al Hosn
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) has announced that the newly renovated and restored Qasr Al Hosn Fort, Abu Dhabi’s most significant historic landmark, has been transformed into a museum narrating the history of the emirate.

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