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Page 3 of 2003

Ministry Of Finance Announces Implementation Of Procure-To-Pay
The Ministry of Finance, MoF, has announced the successful implementation of Procure-to-Pay, P2P, which facilitates the procurement process and e-approval of purchase orders and requests at various federal entities in the country.

UAE Supports IMO To Promote Gender Balance In Marine Sector
The UAE has urged member states of the International Maritime Organisation, IMO, to take the initiative to enhance gender balance in the marine sector and contribute to supporting the association’s decision.

ADDA, Intel Remotely Sign MoU To Enhance Strategic Partnership
The MoU was signed remotely by Dr. Abdulla Alkendi, Executive Director - Technology & Policies, ADDA, and Taha Khalifa, Intel’s CCG Sales Director, EMEA.

Central Bank Announces M1 Increased By 0.7%
The Central Bank of the UAE, CBUAE, announced that the Money Supply aggregate M1 increased by 0.7%, from AED 560.3 billion at the end of April 2020 to AED 564.3 billion at the end of May 2020.

Abu Dhabi Extends Movement Ban By One Week
The ban covers movements between Abu Dhabi’s regions (Abu Dhabi, Al Ain and Al Dhafrah) as well as in and out of the emirate. It applies to all Abu Dhabi residents, including UAE nationals.

FAB Issues Largest Chinese Yuan Dual Listed Formosa Bonds From MENA Region
First Abu Dhabi Bank, FAB, has announced the issuance of the largest Chinese Yuan, CNH, dual listed Formosa bonds from the MENA region, with a CNH 1.4 billion five-year issuance.

The Department Of Culture And Tourism - Abu Dhabi Sets Guidelines For Cultural Sites To Reopen
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) has issued strict health and safety guidelines and precautionary measures in preparation for the reopening of a number of museums and cultural sites in the emirate.

Abu Dhabi International Book Fair Virtual Session Series Concludes
The Abu Dhabi International Book Fair, ADIBF’s, Virtual Session series came to an end last Thursday with an interview with fashion journalist and author Hafsa Lodi about her new book Modesty: A Fashion Paradox.

Abu Dhabi To Host International UNOOSA Project Office
The UAE Space Agency and the United Nations Office for Outer Space Affairs, UNOOSA, held a digital signing ceremony today to discuss the creation of an international UNOOSA project office in Abu Dhabi.

ADIB Recognized As ’Innovator In Islamic Finance’ By Global Finance Magazine
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, today announced that it has been named an ’Innovator in Islamic Finance’ for 2020 by Global Finance magazine.

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