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ADNIC Reports AED150.5 Million Net Profit For H1 2018 (1 August 2018)
Abu Dhabi National Insurance Company, ADNIC, announced its financial results for the first half of 2018 today.

Aggregate Capital, Reserves Of UAE-Based Banks Increase To AED330.2 Billion By End Of Q2 (1 August 2018)
The aggregate capital and reserves of banks operating in the UAE increased by 4.4%, reaching AED 330.2 billion by the end of Q2 2018 compared to a 1.5 percent quarterly increase at the end of the same period of 2017, according to CBUAE statistics.

Department Of Culture And Tourism, Airbnb Team Up To Promote Emirati Experiences (1 August 2018)
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) and Airbnb, the online community marketplace which provides access to millions of unique accommodation and Experiences around the world, have teamed up to promote the UAE capital’s offerings.

GAC Abu Dhabi Joins Abu Dhabi Airports Free Zone (1 August 2018)
Abu Dhabi Airports Free Zone, ADAFZ, today announced leading international logistics firm Gulf Agency Company, GAC, Abu Dhabi as the latest addition to its cargo terminal free zone site.

UAE Banks’ ATMs Increase To 5261 By End Of June 2018 (1 August 2018)
In yet another indicator of the growth in economic sentiments in the country, the number of automatic teller machines, ATM, operated by banks in the UAE hit a total of 5261 by end of June, an increase of 42 facilities from 5219 in the same month in 2017, according to CBUAE statistics.

UAE, China Accelerating Knowledge Transfer, Exchange Of Expertise (1 August 2018)
Ways of accelerating knowledge transfer and exchange of expertise were the main topics of discussion between the Director-General of the Emirates Centre for Strategic Studies and Research, ECSSR and the Ambassador of China to the UAE.

Abu Dhabi Classics Hosts The Bayreuth Festival’s International Opera Debut Of The Valkyrie In Abu Dhabi (31 July 2018)
The Bayreuth Festival is renowned for its outstanding performances of the 19th-Century German composer Richard Wagner’s operas, performed in a special theatre, the Bayreuth Festspielhaus, designed by Wagner himself, so that he could produce his own works.

Abu Dhabi’s Hotels Report 6 Per Cent Rise In Guest Numbers In June (31 July 2018)
Completing a record-breaking first half of the year, June’s results reveal the department’s plans to exceed 2017’s numbers of guest arrivals, when close to five million people stayed in the emirate, are on track.

Al Hilal Bank, ADGM Partner To Promote Islamic Finance (31 July 2018)
Al Hilal Bank has announced a new partnership with the Abu Dhabi Global Market, ADGM, aimed at promoting Islamic Finance in Abu Dhabi and across the UAE.

Total Cash Withdrawals Through UAESWITCH Rose 3.6 Percent To AED137.5 Bn In 2017 (31 July 2018)
Total cash withdrawals through the UAESWITCH, the national ATM-sharing scheme, rose 3.6 percent to AED137.5 billion in 2017 as compared to figures of 2016, according to statistics of the Central Bank of the UAE, CBUAE.


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