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International Holdings Company (IHC) Marks Major Strengthening And Diversification With PAL Acquisition (21 February 2019)
The acquisition represents a move into a new strategic area for IHC, strengthening the organization’s position as a well-diversified holding company with a portfolio of high-quality investments.

UAE gross bank assets up to AED2.913 trillion in January (20 February 2019)
The UAE gross bank assets amounted to AED2.913 trillion by the end of January 2019, 1.2 percent up from AED2.878 trillion by the end of December 2018, according to Central Bank of UAE statistics released recently.

Abu Dhabi Fund for Development Earmarks AED44 Million to Elevate Socio-economic Conditions in Palestine (19 February 2019)
Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has allocated a grant of AED44 million (US$12 million) to Jerusalem Council for Development and Economic Growth in support of civil and community programmes and activities in East Jerusalem.

Ajman Media City Free Zone unveils growth plans and new incentives for investors (19 February 2019)
The Ajman Media City Free Zone is all set to accelerate its growth initiatives and enhance its position as an attractive destination of foreign investment in the UAE with introduction of new incentives, new partners and trade agreements in key markets.

Aldar And UAEU Partnership To Develop Future Leaders (19 February 2019)
An immediate action from the partnership is the launch of a design competition that will form part of the Architectural Engineering Departmen’s Housing and Urban Design course offered this semester.

Etihad Rail, Abu Dhabi Ports sign agreement (19 February 2019)
H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Member of Abu Dhabi Executive Council and Chairman of Etihad Rail, today witnessed the signing of an agreement between Etihad Rail and Abu Dhabi Ports, with the aim of connecting Khalifa Port to the national rail network.

Raytheon Emirates opens new headquarters in Abu Dhabi (19 February 2019)
Raytheon Emirates, a wholly owned subsidiary of Raytheon Company, has opened its headquarters in Al Maqam Tower at Abu Dhabi Global Market Square.

Alpin Limited first in Middle East to earn WELL certification for Masdar City office (16 February 2019)
The prestigious distinction was awarded through IWBI’s WELL Building Standard, WELL, which is the premier building standard focused on enhancing health and wellness.

Ministry of Health and Prevention signs agreement with Cleveland Clinic Abu Dhabi (16 February 2019)
The Ministry of Health and Prevention “MOHAP” and Cleveland Clinic Abu Dhabi, part of Mubadala’s network of healthcare providers, signed an agreement to facilitate referral of patients from the Ministry’s hospitals in Dubai and the Northern Emirates for critical and complex care.

ADNOC Distribution net profit 18% up on previous year (14 February 2019)
ADNOC Distribution has reported its 2018 net profit increased by 18% to AED 2.128 billion, and EBITDA grew by 22% to AED 2,774 million.


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