FAB Supports Emirates Foundation’s Food Box Initiative This Ramadan (23 April 2020)
First Abu Dhabi Bank, FAB, has announced that it will provide AED1 million to the Emirates Foundation, to be used to provide food boxes to people in need during the Holy Month of Ramadan.
MoF Upgrades ’Emirates Gate’ System For Financial Reporting (23 April 2020)
The Ministry of Finance, MoF, has announced the launch of the upgraded version of the Emirates Gate system for government financial statistics reports.
ADX Grants Al Ramz Short Term Margin Trading License And Opens New Investment Opportunities (22 April 2020)
Abu Dhabi Securities Exchange (ADX), granted Al Ramz PJSC, a leading financial institution in the UAE, short-term margin license thus becoming one of the first financial institutions in the UAE to offer this offering to its customers.
FSRA Launches Regulatory Technology ’RegTech’ Initiatives (22 April 2020)
The Financial Services Regulatory Authority, FSRA, of Abu Dhabi Global Market, ADGM, has launched three regulatory technology, RegTech, pilot initiatives.
Executive Committee Issues Resolution Forming Abu Dhabi Workers Committee (22 April 2020)
The Executive Committee of the Abu Dhabi Executive Council has issued a resolution forming the Abu Dhabi Workers Committee, chaired by the Chairman of the Department of Economic Development.
Abu Dhabi National Takaful Offers 40% Discount To Its Customers (22 April 2020)
In its commitment to pay back to the UAE community, Abu Dhabi National Takaful company announced 40% discount on Car Insurance renewal premiums for the months of April and May effective 01 May 2020 until the end of 2020.
UAE Banks’ Required Reserves Up To AED132.6 bn In March (21 April 2020)
According to a CBUAE report, the required reserves have been steadily growing over the recent months. In December 2019, they increased to AED129.7 bn from AED126.2 bn in September same year.
US Data Residency Platform, InCountry, Selects Hub71 For Middle East Headquarters (21 April 2020)
Abu Dhabi’s Hub71, the tech ecosystem powered by Mubadala, has been selected by the top US data residency hosting platform, InCountry, to be the home of its Middle East headquarters.
Abu Dhabi Food, Beverage Trade Totals AED1.2 Billion In January 2020 (21 April 2020)
The trade in food and beverage in Abu Dhabi in January 2020 amounted to a total value of AED1.2 billion, according to a report by the Statistics Centre-Abu Dhabi on non-oil merchandise trade.
Maqta Gateway Announces New Commercial Offering For Warehouse Storage (21 April 2020)
Maqta Gateway, the digital arm of Abu Dhabi Ports has announced the expansion of its digital logistics solution, Margo, with the addition of a new commercial offering for warehouse storage.
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