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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.

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.

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.

SZBA Hosts Virtual Seminar Exploring Digital Impact On Publishing Sector (2 July 2020)
The Sheikh Zayed Book Award, SZBA, has explored digital impact on the publishing sector during a seminar entitled ’Building a Digital Ecosystem for Knowledge’ last week.

SEHA Opens National Screening Centres On Fridays And Saturdays, Extends Operating Hours (2 July 2020)
Ambulatory Healthcare Services (AHS), a SEHA healthcare Facility, has announced that the National Screening Centres will now operate on Fridays and Saturdays and operating hours will be expanded to be from 10 AM to 8 PM, in order to increase testing capacity.

TAQA Completes Transaction To Create One Of The Largest Utility Companies In EMEA (1 July 2020)
Abu Dhabi National Energy Company, TAQA, on Wednesday announced the successful completion of its transaction with Abu Dhabi Power Corporation, ADPower, creating one of the largest utility companies in the Europe, the Middle East and Africa, EMEA, region.

ADNOC Distribution Passes 400th Station Milestone With Opening Of Saadiyat Station (1 July 2020)
ADNOC Distribution has marked a major milestone in the opening of its 400th station on Saadiyat island, Abu Dhabi and the delivery of 25 new stations year to date in 2020.

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