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Page 1 of 2016

ADIB Provides AED 91 Million Financing For UAE-Based Client To Acquire UK Business Park
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has provided AED 91 million (£18.9 million) in Sharia’a-compliant structured financing for a private UAE-based client.

Bank Hapoalim And Abu Dhabi Global Market Collaborate On FinTech Development And Innovation
Founded almost 100 years ago, Bank Hapoalim is Israel’s most significant and leading financial institution.The bank is a household brand for consumer and corporate lending and resides over one of the largest retail branch network in the country.

Abu Dhabi’s Mangroves Source Of Inspiration For 49th National Day Celebrations: Report
The alluring mangroves, which cover swathes of the UAE’s coastline, will provide the visual inspiration for the 49th UAE National Day celebrations, organisers have revealed.

UAE On Track To Be The Global Leader In Food Security
The UAE Minister of State for Food Security, Her Excellency Mariam bint Mohammed Saeed Hareb Al Almheiri, opened the World Food Security Forum today, November 16th, affirming the UAE’s vision to be the world leader in the Global Food Security Index by 2051.

Abu Dhabi To Launch Sheikh Zayed Heritage Festival Next Friday Under Precautionary Measures
The Higher Organising Committee of the Sheikh Zayed Heritage Festival 2020 announced today that the festival’s activities will begin on Friday, 20th October, in Al Wathbah, Abu Dhabi.

ADNOC To Seize Opportunities To Further Unlock Value As It Builds On Momentum Of Successful ADIPEC
Provisional figures show that over 80,000 viewers from around the world tuned into ADIPEC’s strategic and technical sessions, with almost 40,000 viewers streaming the opening ceremony.

880 Businesses From 65 Countries Submitted Applications To Join MBRIF’s Accelerator And Guarantee Scheme Programmes: Fatima Al Naqbi
MBRIF, launched by the UAE Ministry of Finance, serves and leads the innovation ecosystem. It fosters a culture that welcomes unprecedented solutions to the world’s challenges, and enables a better community for us all.

Baker Hughes Announces Relocation Of Surface Pressure Control Projects Headquarters To Abu Dhabi
Baker Hughes announced that it has moved its Surface Pressure Control Projects business (SPC Projects)headquarters from Houston to Abu Dhabi, bringing its operations closer to some of the company’s strategic customers and oil producers globally.

Total VAT Revenues Amount To AED11.6bn From January Until August, 2020: MoF
The tax revenues generated in 2019 amounted to about AED31 billion, compared to almost AED29 billion in 2018. The growth rate of total tax revenues in 2019 increased by about 7 percent in comparison to 2018.

Asian Countries Urge Greater Oil And Gas Producer-Consumer Collaboration At ADIPEC Virtual 2020
Ministers from across Asia have used the ADIPEC 2020 Virtual conference and exhibition tourge greater collaboration between oil andgas producing nations and consumer-led countries to ensure business resilience in a post-COVID world and during the transition to lower carbon energy.

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