Central Bank pumps AED11.3 billion in liquidity in June (1 August 2017)
A total of AED11.3 billion in cash was pumped by the UAE Central Banks through banks operating in the country during June, which accounts for 35.7 percent of AED31.6 billion in total funds provided by the bank throughout 2016. The move reflects the rising demand for credit in the market.
Majid Al Futtaim And Al Jazira Club Announce Partnership To Invest AED 1.4 Billion In New Shopping Destination, City Centre Al Jazira (1 August 2017)
Abu Dhabi’s retail and entertainment sectors are set for further growth following the announcement of the first-ever City Centre mall in the UAE capital.
Abu Dhabi Ports Signs Agreement Bringing Investments Of AED1.1 Billion Into Khalifa Port Free Trade Zone (31 July 2017)
An investment cooperation agreement with Jiangsu Province was signed on Monday to strengthen economic ties and build investment projects through joint opportunities for both the UAE and Chinese economies.
Abu Dhabi’s Hotel Guest Arrivals Surge By 30 Percent In June (31 July 2017)
Abu Dhabi recorded a remarkable 30 percent increase in the number of hotel guest arrivals this June, compared to the same month in 2016, boosted by an exceptional Eid Al Fitr period, which saw many premium hotels fully booked.
ADX Launches New Mechanism For Employees’ Equity Incentives (31 July 2017)
The Abu Dhabi Securities Exchange has requested all listed companies to disclose the agendas and outcome of their board meetings which discuss the possibility of awarding shares to their employees in form of equity incentives.
Abu Dhabi Duty Free welcomes The Estee Lauder Companies (30 July 2017)
Abu Dhabi Duty Free, in partnership with DFS Group, the world’s leading luxury travel retailer, has opened a new beauty boutique in Terminal 3 at Abu Dhabi International Airport (AUH), hosting the new and prestige brands of The Estée Lauder Companies.
Abu Dhabi Registers 4538 New Trade Licenses In H1 2017 (30 July 2017)
The total number of new commercial licences issued in the emirate of Abu Dhabi and registered at the Abu Dhabi Business Centre, ADBC, affiliated to the Department of Economic Development, DED, reached 4,538 during the first half of 2017.
ADFD Finances 76 Development Projects In Morocco Worth AED9 Billion (30 July 2017)
The Abu Dhabi Fund for Development, ADFD, has supported Morocco with grants and concessionary loans worth AED9 billion across 76 development projects. The projects spanned diverse sectors, most notably transport, housing, water and agriculture, education, and healthcare.
FEWA Announces Ambitious Plans To Meet Increasing Water Demand (30 July 2017)
The Federal Electricity and Water Authority, FEWA, has announced its plans to procure water through independent water production, IWP, or seawater reverse osmosis, SWRO, by self-financing.
Image Nation Abu Dhabi Launches 2017 Semester Of Arab Film Studio Programs (30 July 2017)
Image Nation Abu Dhabi, one of the leading media and entertainment companies in the Middle East, has announced this year’s participants for two of its prestigious Arab Film Studio programs.
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