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ABU DHABI NEWS

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Waha Capital To Invest In Leading Latin American Online Travel Company
Waha Capital and Despegar.com entered into a private placement through which Waha Capital will invest in series B preferred shares convertible into ordinary shares for an aggregate purchase price of AED 184 million (US$50 million).

AED885 million profits reported by listed investment, finance companies in Q2
The investment and finance firms listed on local capital markets saw their profits jump to around AED885 million during Q2-2020 from as little as AED13 million only in the comparable period last year.

FAB distributes nearly AED4 million as part of COVID relief measures to over 6,000 SME merchants
First Abu Dhabi Bank is disbursing nearly AED 4 million in rebates to merchants as part of Abu Dhabi’s relief measures initiated by the effects of COVID-19.

ADIHEX’s 18th edition To Be Extended To Seven-Day International Fair
The Higher Organizing Committee of the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) have announced that the 18th edition of the event will take place over seven days from 27th of September to 3rd of October 2021.

Abu Dhabi Investment Office, ADQ To Further Invest In The Emirate’s Start-Up Ecosystem
As part of their collaboration, ADQ and ADIO will also create winning propositions for companies using a combination of equity investments and incentives.

MoHAP Introduces Additional Telemedicine Services To Virtual Doctor Platform
The Ministry of Health and Prevention, MoHAP, has ushered in additional telemedicine and health monitoring services to the Virtual Doctor Platform by offering remote specialised care and medical consultations.

Saif Bin Zayed Chairs Council For Digital Wellbeing Meeting
H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, virtually chaired on Sunday the 2nd Meeting of the Council for Digital Wellbeing 2020.

VOX Cinemas To Reopen In Abu Dhabi And Al Ain On Monday, 17 August
Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, is pleased to announce that VOX Cinemaswill reopen in Abu Dhabi and Al Ain on Monday.

Aldar Offers Customers The Possibility To Pay Rent By Credit Card
Residents will initially be able to pay their rent by credit card in person via Provis, Aldar’s real estate management company, with online and mobile payment facilities to follow.

Musalla At Al Hosn Wins Prestigious A+ Architizer Architectural Award
Abu Dhabi’s global reputation for excellence was further enhanced this week after the iconic Musalla of Al Hosn site won yet another prestigious award for its world-class architecture.

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