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4:40:11 AM , 7 Jul 2020
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.

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.

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.

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What Makes A Perfect Venue? 4 Things To Consider When Choosing A Place For Your Event

Planning ahead is the key to the success of any event. In fact, you must start working on it as soon as you confirm the event date (or even before), regardless of the type of gathering you’re organizing.


The Best E-Commerce Business 2020 To Invest In UAE


The Perfect Match: 7 Tips In Pairing Food And Drinks

Pairing foods and drinks can be challenging for those who are unschooled in the world of spirits. The right match can significantly enhance your dining experience, but the wrong one has the power to ruin it entirely. Sure, it is easy to stick to the typical pairings, but it would be best to expand your horizons and change things up with different drinks, appetizers, and desserts.


Matrix Exchange Ltd. receives license to operate a global virtual asset MTF

Matrix Exchange Ltd. has received a license, known as Financial Services Permission (FSP), to operate a regulated virtual asset Multilateral Trading Facility (MTF) and custody platform that will serve customers from around the global. The FSP issued by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) in the United Arab Emirates, allows Matrix Exchange Ltd. to serve retail customers, trading firms, and institutions from the Middle East, Asia, and Europe, among others.


Abu Dhabi launches 60 community initiatives in response to the coronavirus outbreak

In cooperation with its partners in the social sector in Abu Dhabi, the Department of Community Development, DCD, has launched a package of initiatives that are aligned with the efforts of the Abu Dhabi government to limit the spread of the novel coronavirus, COVID-19. The total number of initiatives that have been launched since the beginning of the crisis has reached 60, in areas related to Community Engagement Initiatives, Awareness Campaigns, Contributions and Family Support Initiatives, Support for Vulnerable Families, and Business Continuity Services.


Cappuccino's @ Crowne Plaza Abu Dhabi
Overlooking the hustle and bustle of Hamdan Street, Cappuccino's is the perfect venue for a business meeting or an afternoon espresso. Offering professional but unobtrusive service along with an extensive range of food and beverages.

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