News Archive
Shams Power Achieves 1 Million Man-Hours Without Lost Time Injuries (22 July 2019)
In June 2019, Shams Power Company successfully reached one million man-hours without any lost time injuries.



UAE’s Non-Oil Trade With China Amounted To US$43 Billion In 2018: Minister Of Economy (22 July 2019)
Sultan bin Saeed Al Mansouri, Minister of Economy, stated that China is the UAE’s leading trade partner in terms of non-oil commodities, accounting for 9.7 percent of its total non-oil trade in 2018, valued at over US$43 billion.



Abu Dhabi Bank Named ’World’s Best Bank For Transformation’ (22 July 2019)
First Abu Dhabi Bank, FAB, has been named ’World’s Best Bank for Transformation’ at the Euromoney Awards for Excellence 2019, at the recent ceremony in London.



Khalifa Fund Establishes ’Mohamed Bin Zayed Centre For Innovation And Entrepreneurship’ In Republic Of Senegal (21 July 2019)
Under the directives of H.H. Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE and the instructions of H.H. Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.



ADIB, Al Baraka Banking Group Sign MoU To Expand Network (21 July 2019)
The correspondent banking arrangement provides clients with greater flexibility and access to a wider network, in order to conduct seamless cross-border fund transactions.



ADNIC Recognised As ’UAE’s Most Outstanding In Corporate Insurance Services’ (21 July 2019)
Abu Dhabi National Insurance Company, ADNIC, has been adjudged ’Most Outstanding in Corporate Insurance Services - UAE’ by the Corporate LiveWire Innovation and Excellence Awards 2019.



His Excellency Dr. Ali Obaid Al Dhaheri, Ambassador Of The United Arab Emirates To The People’s Republic Of China (20 July 2019)
The state visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.



UAE’s Bank Assets Total AED1.68 Trillion In H1 2019 (18 July 2019)
Total assets of the UAE’s six national banks totalled AED1.68 trillion in the first half of 2019, an increase of AED170 billion, or 11.2 percent, compared to AED1.51 trillion in the same period of 2018.



FAB Reports Record H1 Net Profit Of AED 6.3 Billion (18 July 2019)
First Abu Dhabi Bank,FAB,reported a record half year net profit of AED 6.3 billion, up 4% year-on-year, driven by revenue growth, coupled with continued cost control and prudent risk management.



Abu Dhabi Ranks First In Terms Of Total Capital Of Public Shareholding Companies Registered At SCA (18 July 2019)
According to the SCA’s statistics, the total registered capital of local companies amounted to AED412 billion, of which AED190.4 billion account for public companies and AED221.5 billion for non-governmental organisations, NGO.




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