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ABU DHABI NEWS

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Mubadala’s Total Comprehensive Income Reaches AED53 Billion In 2019
Mubadala Investment Company, an Abu Dhabi sovereign investor, today released its 2019 Annual Review, which revealed that the company achieved a total comprehensive income of AED53 billion for the year.

UAE’s Non-Oil Trade To AED1.603 Trillion In 2019
The total value of the UAE’s non-oil trade in 2019 grew 4.4 percent to AED1.603 trillion, compared to AED1.536 trillion in 2018, according to figures revealed by the Federal Competitiveness and Statistics Authority, FCSA, today.

UAE Central Bank Expects Recovery Of Economic Activity In H2 2020
The Central Bank of the UAE, CBUAE, has projected the recovery of economic activity to commence in the second half of the year.

Abu Dhabi Fund For Development And Colombia Explore More Cooperation Opportunities
His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), held a virtual meeting with Her Excellency Marta Lucía Ramírez, Vice President of Colombia.

Abu Dhabi Terminals Signs Strategic Partnership Agreement With ATCUAE
Abu Dhabi is fast emerging as the regional maritime hub for transhipment, logistics and allied services.

Movement Ban Between Regions Within Abu Dhabi And In And Out Of The Emirate Extended By One Week
The ban covers movements between Abu Dhabi’s regions (Abu Dhabi, Al Ain and Al Dhafra) as well as in and out of the emirate. It applies to all Abu Dhabi residents, including UAE Nationals.

Abu Dhabi Department Of Economic Development Launches E-Contract, E-Signature System For Issuance Of LLC And OPC Licenses
The Abu Dhabi Department of Economic Development, ADDED, announced that it has launched an e-contract and e-signature system which will enhance the issuance of economic licenses for one person companies, OPC, and limited liability companies, LLC.

ADGM Wins Two International Awards For In-House Legal Services
Abu Dhabi Global Market, ADGM, has announced that its Financial Services Regulatory Authority, FSRA, Policy and Legal Team, have won two prestigious awards at the annual In-House Community Counsels of the Year Awards 2020.

UAE Researchers Gain IP Protection For New Stem-Cell Treatment For COVID-19, Confirm Success Of Original Trial
Researchers in the UAE trialing an innovative new stem cell treatment for COVID-19 infections have secured intellectual property rights protection, opening the way for the technology to be shared widely so more patients can benefit.

CulturAll Conversations Continue, Future Of UAE Art Community Explored
The Department of Culture and Tourism - Abu Dhabi continues its new series of virtual panel discussions, CulturAll Conversations, with a session featuring some of the inspiring voices from the UAE art community.

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