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Page 14 of 2018

Abu Dhabi Fund Suspends Debt Repayment For Beneficiary Countries, Companies
"The sole objective behind the decision is to help them weather the economic fallout of the COVID-19 pandemic," ADFD said in a statement on Sunday.

ADEK, StartAD Open Applications For Inaugural YouthTech Competition
The Abu Dhabi Department of Education and Knowledge, ADEK, has joined forces with startAD, the Abu Dhabi-based global accelerator anchored at NYU Abu Dhabi, NYUAD, and powered by its partner Tamkeen to launch the inaugural edition of the YouthTech Competition.

DCT Abu Dhabi Launches Virtual Guided Tour Programme At Al Hosn Site
Al Hosn recently conducted its first virtual guided tour via Zoom for a group of 160 students - the first virtual guided tour conducted at a cultural site in Abu Dhabi.

France To Celebrate First Ever ’Digital National Day’ In UAE
The French Embassy in Abu Dhabi has decided to celebrate the national day through the Embassy’s website and on social media channels, in line with the current safety measures and public health recommendations.

Abu Dhabi Islamic Bank Raises Foreign Ownership To 40%
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has announced raising the percentage of foreign ownership to 40%, from 25%, of its issued capital effective from today.

Central Bank Launches New ’Overnight Deposit Facility’ For Banks
Effective 12th July, 2020, the Central Bank of the UAE, CBUAE, will introduce a new deposit facility named Overnight Deposit Facility, ODF, which will enable conventional banks operating in the UAE to deposit their surplus liquidity at CBUAE on an overnight basis.

Midchains, Abu Dhabi-Based Virtual Asset Trading Platform Closes Latest Funding Round
MidChains, the upcoming virtual asset trading exchange based in Abu Dhabi, today announced that it has closed its latest funding round with investments from Mubadala Capital.

100-Year Old Al-Sarh Tree Discovered In Abu Dhabi
Studies by the Environment Agency - Abu Dhabi, EAD, have identified a single example of a species of tree not previously recorded in the Emirate, it was announced today. It is believed by local inhabitants to be over 100 years old.

Next Gen Abu Dhabi begins first nanodegrees in future skills
In the initial rollout, the programme has partnered with Udacity to provide the nanodegrees.

SZBA Hosts Virtual Seminar Exploring Digital Impact On Publishing Sector
The Sheikh Zayed Book Award, SZBA, has explored digital impact on the publishing sector during a seminar entitled ’Building a Digital Ecosystem for Knowledge’ last week.

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