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TAQA Delivers Third Year Of Profitability (18 March 2020)
TAQA achieved strong operational performance for the year with increased production levels across its businesses: power, water, oil and gas.

UAE Stocks To Have 5 Percent Decline Limit Effective Wednesday (18 March 2020)
The Securities and Commodities Authority (SCA) has imposed a 5 percent daily lower fluctuation limit for shares effective Wednesday, March 18th, and until further notice.

Central Bank Foreign Assets Reach AED406 Billion In February (17 March 2020)
Latest figures released by the Central Bank of the UAE note total foreign assets were valued at AED405.94 billion in February 2020.

HE Mohamed Al Khalifa Al Mubarak Says ’Ghadan 21’ Programme Will Enhance The Capital’s Competitiveness And Accelerate Its Economic, Social And Developmental Growth (17 March 2020)
The new initiatives contribute to supporting our work at the Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) in boosting growth across the tourism sector.

Ministry Of Culture’s Centres Shut Down Amid COVID-19 Concerns (17 March 2020)
The UAE Ministry of Culture and Knowledge Development announced on Tuesday that all its affiliated cultural centres will be shut down, and all cultural and theatre-based activities and events hosted in the country are to be postponed or put on hold beginning Wednesday, 18th March 2020.

UAE Nationals Abroad Urged To Return Home Due To Travel Restrictions (17 March 2020)
In a statement today, MoFAIC called on Emirati students and nationals receiving medical treatment overseas to communicate with UAE embassies in respective host countries for coordination in this respect.

12 New COVID-19 Cases In UAE: Ministry Of Health And Prevention (16 March 2020)
The Ministry of Health and Prevention, MoHAP, announced the diagnosis of 12 new coronavirus, COVID-19, cases in the UAE on Sunday.

ADNIC Shareholders Approve Cash Dividends Of 30% At Annual General Meeting (16 March 2020)
Abu Dhabi National Insurance Company, ADNIC, approved the distribution of 30 percent cash dividends, AED 0.30 per share, implying total cash dividends of AED 144.6 million for the financial year ended 31 December 2019.

Awqaf And Minors Affairs Foundation Allocates AED300,000 To Support Remote Education (16 March 2020)
The Awqaf and Minors Affairs Foundation, AMAF, in cooperation with the Dubai Education Zone, declared that it will allocate AED300,000 to provide 200 computers to students of Dubai schools.

UAE Central Bank To Cut Interest Rates By 75 Basis Points (16 March 2020)
The Central Bank of the UAE announced on Monday that it will cut interest rates, beginning 16th March, following US Federal Reserve cuts to contain the economic repercussions of coronavirus, COVID-19.


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