AED9.6 bn In Credit Facilities For Service, Non-Profit Organisations In Three Months (11 May 2019)
Figures recently released by the Central Bank of UAE indicate the steady rise in the total financial assistance received by this sector which amounted to around AED148.8 bn in 2018 against AED138.3 bn in 2017.
ATMs Up To 5,279 By End Of March (9 May 2019)
The continued rise in ATMs across the country reflects the UAE banking sector’s commitment to forging ahead with its plans to automate services in a way that optimises costs and streamlines business.
Bilfinger Middle East Awarded Series Of Multi-Million Dollar EPC Contracts In Abu Dhabi Downstream Sector (9 May 2019)
The Abu Dhabi National Oil Company (ADNOC) has awarded Bilfinger three separate projects in the first quarter of 2019.
TAQA Records AED 4.3 Billion Of Revenue In Q1 2019 (9 May 2019)
TAQA’s oil and gas division achieved production for the first quarter of 2019 of 126.7 mboe/d, a slight increase compared to 123.8 mboe/d in Q1 2018.
Zayed Higher Organisation, Al Jalila Foundation Celebrate Graduation Of ’Ta’alouf’ Programme (8 May 2019)
In implementation of the MoU signed with Al Jalila Foundation, with the aim of enhancing cooperation and partnership to ensure the expansion of the programme scope.
ADCB Reports Q1 Net Profit Of AED1.152 bn (7 May 2019)
Abu Dhabi Commercial Bank PJSC today released its Q1-2019 financial results, reporting strong operating performance underpinned by robust growth in gross interest and Islamic financing income and non-interest income.
UAE National Banks’ Capital Adequacy Ratio Up To 17.5 Percent By End Of March (7 May 2019)
The UAE national banks’ solvency hit a three-year high, with the capital adequacy ratio (tier 1 + tier 2) standing at 17.5 percent by the end of March 2019.
Abu Dhabi’s Non-Oil Foreign Merchandise Trade Hits AED35.8 bn In Two Months (6 May 2019)
The value of non-oil foreign merchandise trade through Abu Dhabi ports increased 11.5 percent from AED32.1 bn in Jan-Feb. 2018 to AED35.8 bn in the same period of 2019.
Hazza Bin Zayed Launches Abu Dhabi Government Media Office Brand (6 May 2019)
The mission of the Abu Dhabi Government Media Office, ADGMO, is to communicate the Abu Dhabi Government’s vision, shining a light on the latest developments as well as showcasing the Emirate’s unique values and traditions, especially through digital platforms.
Khalifa Foundation To Provide 951,000 Meals Throughout Ramadan (6 May 2019)
The Khalifa bin Zayed Al Nahyan Foundation began its Ramadan Iftar project, which aims to provide 31,700 meals daily, totalling 951,000 meals throughout the Holy Month.
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