ADNOC Distribution Board Approves AED 735 Million Dividend (27 September 2018)
ADNOC Distribution’s Board of Directors has approved a resolution recommending payment of an interim dividend of AED 735 million (AED 0.0588 per share), which will be submitted to a vote of the shareholders at a General Assembly Meeting in Abu Dhabi on October 14, 2018.
DCT Abu Dhabi Inaugurates ’Bait Al Gahwa’ Initiative (27 September 2018)
The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has inaugurated the ’Bait Al Gahwa’ (Coffee House) initiative at Manarat Al Saadiyat on Saadiyat Island.
CBUAE Raises Interest Rates In Line With US Federal Reserve (27 September 2018)
Certificates of Deposit, which CBUAE issues to banks operating in the country, are the monetary policy instrument through which changes in interest rates are transmitted to the UAE banking system.
Aldar Completes Successful Refinancing With New 7 Year US$500m Sukuk (26 September 2018)
Aldar Investments debut US$500m 7 year sukuk competitively prices at 4.75%.
Etihad Guest Programme welcomes Air Europa as new airline partner (26 September 2018)
Etihad Guest, the award-winning loyalty programme for Etihad Airways, has announced a new partnership with Air Europa.
Bloom Properties to Showcase Latest Residential Developments at Cityscape Global 2018 (26 September 2018)
Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, has announced its participation in the upcoming edition of Cityscape Global.
Abu Dhabi Fund for Development Allocates AED3.2 Billion to Support Agricultural Sector (26 September 2018)
Abu Dhabi Fund for Development has allocated nearly AED3.2 billion towards development projects in the agricultural and irrigation sectors.
Daman makes medical approval request tracking available to members (25 September 2018)
The new feature provides Daman and Thiqa members with the latest status of their medical approval requests.
Abu Dhabi Executive Committee Prioritises Knowledge, Innovation (25 September 2018)
These initiatives aim at enhancing business competitiveness in Abu Dhabi, attracting investment and increasing economic opportunities. This will contribute to enhancing Abu Dhabi’s position as the capital of economic diversification and an incubator for innovators and economic future makers.
UAE-Saudi Non-Oil Trade Surges To AED720 bn By End Of H1 (25 September 2018)
The UAE-Saudi non-oil trade has grown 1230 percent since the establishment of the GCC Customs Union in 2003 until H1 2018, according the statistics of the UAE Federal Customs Authority (FCA).
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