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Hub71 Appoints New CEO, Selects Eleven New Global Startups (13 July 2020)
Hub71, Abu Dhabi’s global tech ecosystem based in Abu Dhabi Global Market Square, today announced the latest startups to have been selected for the Hub71 Incentive Programme’s second cohort of the year.

Abu Dhabi Fund Suspends Debt Repayment For Beneficiary Countries, Companies (13 July 2020)
"The sole objective behind the decision is to help them weather the economic fallout of the COVID-19 pandemic," ADFD said in a statement on Sunday.

ADEK, StartAD Open Applications For Inaugural YouthTech Competition (12 July 2020)
The Abu Dhabi Department of Education and Knowledge, ADEK, has joined forces with startAD, the Abu Dhabi-based global accelerator anchored at NYU Abu Dhabi, NYUAD, and powered by its partner Tamkeen to launch the inaugural edition of the YouthTech Competition.

DCT Abu Dhabi Launches Virtual Guided Tour Programme At Al Hosn Site (11 July 2020)
Al Hosn recently conducted its first virtual guided tour via Zoom for a group of 160 students - the first virtual guided tour conducted at a cultural site in Abu Dhabi.

France To Celebrate First Ever ’Digital National Day’ In UAE (8 July 2020)
The French Embassy in Abu Dhabi has decided to celebrate the national day through the Embassy’s website and on social media channels, in line with the current safety measures and public health recommendations.

Abu Dhabi Islamic Bank Raises Foreign Ownership To 40% (6 July 2020)
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has announced raising the percentage of foreign ownership to 40%, from 25%, of its issued capital effective from today.

Central Bank Launches New ’Overnight Deposit Facility’ For Banks (6 July 2020)
Effective 12th July, 2020, the Central Bank of the UAE, CBUAE, will introduce a new deposit facility named Overnight Deposit Facility, ODF, which will enable conventional banks operating in the UAE to deposit their surplus liquidity at CBUAE on an overnight basis.

Midchains, Abu Dhabi-Based Virtual Asset Trading Platform Closes Latest Funding Round (6 July 2020)
MidChains, the upcoming virtual asset trading exchange based in Abu Dhabi, today announced that it has closed its latest funding round with investments from Mubadala Capital.

100-Year Old Al-Sarh Tree Discovered In Abu Dhabi (6 July 2020)
Studies by the Environment Agency - Abu Dhabi, EAD, have identified a single example of a species of tree not previously recorded in the Emirate, it was announced today. It is believed by local inhabitants to be over 100 years old.

Next Gen Abu Dhabi begins first nanodegrees in future skills (4 July 2020)
In the initial rollout, the programme has partnered with Udacity to provide the nanodegrees.


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