ADNOC Signs Agreement Granting Total A 40% Stake In Unconventional Gas Concession (11 November 2018)
On behalf of the Abu Dhabi government, the Abu Dhabi National Oil Company (ADNOC) has signed an agreement with French oil and gas major Total, granting it a 40% stake in the Ruwais Diyab Unconventional Gas Concession.
Al Hilal Bank Launches Deerfields Mall Branch (11 November 2018)
Al Hilal Bank has officially launched its newest branch at the Deerfields Mall in Al Bahia, Abu Dhabi, with a ribbon-cutting ceremony attended by the Bank’s senior management, including Al Hilal Bank CEO, Alex Coelho.
Al Ain, Wuxi Sign Twin-City Agreement (11 November 2018)
Al Ain City signed a twin city agreement with Wuxi, in the southern Jiangsu province, China, for cooperation in urban planning, education, sports, tourism, culture and arts, as well as trade and investment.
’Roads Of Arabia’ Exhibition Opens At Louvre Abu Dhabi (10 November 2018)
Organised by the Saudi Commission for Tourism and National Heritage (SCTH), "Roads of Arabia" is one of the most important exhibitions focusing on Saudi Arabia and the Arabian Peninsula as a whole to tour world museums.
Abu Dhabi Municipality Wins ’World Smart City Award’ At Sigfox Congress, Berlin (10 November 2018)
The Abu Dhabi City Municipality, ADM, has made a new achievement by winning the "World Smart City Award for the Fastest Growing Practices", presented by the German Sigfox Connect Company in Berlin. The awards attracted the participation of 52 countries from all over the world.
Eleven listed insurance firms post AED805 mn in combined profit in nine months (9 November 2018)
Eleven listed Emirati insurance companies posted AED805 million in combined profit during the first nine months of 2018, a growth of 18.5 percent from AED681 million during the corresponding period in 2017.
FAB Launches AI Analytics Portal For Merchants In Partnership With Al-Futtaim (8 November 2018)
First Abu Dhabi Bank, FAB, has launched a new portal powered by Artificial Intelligence, AI, and Machine Learning tools to deliver advanced analytics to merchants. FAB piloted the solution with Al-Futtaim, one of the most diversified privately held regional businesses.
Finance Conference Speakers Take A More Optimistic View Of Shipping Market Trends (8 November 2018)
The fourth Maritime Standard Ship Finance and Trade Conference, held at Abu Dhabi’s Sheraton Hotel and Resort, was in many ways very different from the preceding three events in this increasingly popular series.
Government Deposits To All-Time High Of AED286 bn (7 November 2018)
The growth is attributed to rising oil prices, which grew by 35 percent during the past 12 months, reflecting positively on the total assets of the banking sector.
Programme Of Inaugural Edition Of Al Burda Festival Announced (7 November 2018)
Set to run on 14th November, 2018, at Warehouse421 in Abu Dhabi, the event will renew the UAE’s commitment to preserving and promoting Islamic art forms and traditions across the globe while encouraging innovation for the future.
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