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ABU DHABI NEWS

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UAE’s Banking Sector Liquid Assets Stand At AED786.6 Billion In Q1-24
The liquid assets in the UAE banking sector stood at AED786.6 billion at the end of Q1-24, marking a year-on-year increase of 28.2%, or AED172.8 billion, compared to approximately AED613.8 billion at the end of Q12023.

Transactions Through Instant Payment System Hit AED164.7 Billion In 2023: CBUAE
The Central Bank of the UAE (CBUAE) has said that its payment systems maintained operational strength in 2023.

Five Reasons To Invest In Abu Dhabi Real Estate
Abu Dhabi has a strong and diversified economy, which provides a stable foundation for real estate investment.

Abu Dhabi Chamber Signs Cooperation Agreement With The Angola - UAE Chamber
The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has signed a cooperation agreement with the Angola – UAE Chamber of Commerce and Industryto foster cooperation, enhance economic relations, and create more investment opportunities for businesspeople, entrepreneurs.

Capppellini Plots Team Abu Dhabi Fightback In Italy
Team Abu Dhabi manager Guido Cappellinisays Thani Al Qemziand Alberto Comparato are ready to launch a fightback by the multiple world title winners in the RegioneSardegna Grand Prix of Italy at the weekend.

Abu Dhabi Securities Exchange Welcomes The Listing Of Alef Education On Its Main Market
Founded in 2016, Alef Education integrates AI technology, data analytics, and personalized learning, with its platforms being used in around 7,000 schools and serving more than 1.1 million students in the United Arab Emirates, the United States, Indonesia, and the Kingdom of Morocco.

General Budget Committee Discusses Draft General Budget For Fiscal Year 2025
The committee directed that the necessary procedures be completed for preparing the draft federal budget for the year 2025, and then it should be submitted to the Cabinet.

Sorbonne University Abu Dhabi, Technology Innovation Institute To Advance Quantum Science And Technology
Sorbonne University Abu Dhabi (SUAD) has signed an agreement with the Technology Innovation Institute (TII) to foster research and development in the field of Quantum Science and Technology (QST).

Yahsat Contracts Airbus For The Construction Of Al Yah 4 And Al Yah 5 Satellites
Airbus will design and build the AY4 and AY5 satellites based on the Eurostar Neo platform, with each having flexible payloads and benefiting from the strong heritage of the Eurostar family.

E7 Group To Invest AED182 Million In Security Solutions Business Segment
E7’s planned investments will bolster its passport manufacturing capacity and enable its entry into the digital tax stamps segment.

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