News Archive
Lockheed Martin-Mubadala STEM Challenge Selects Finalists (6 August 2017)
Six UAE-based university teams were selected as finalists for the inaugural UAE Unmanned Aerial System (UAS) Payload Design Challenge, a joint program run by Lockheed Martin and Mubadala Investment Company.



ADGM And KPMG Launch FinTech Abu Dhabi Innovation Challenge (6 August 2017)
Abu Dhabi Global Market, ADGM, and service company KPMG have come together to launch the first ever FinTech Abu Dhabi Innovation Challenge on 22nd October, 2017.



Abu Dhabi Rolls Out Initiative To Provide Residential Units For Fixed Income Earners (6 August 2017)
The Department of Municipal Affairs and Transport at the Abu Dhabi City Municipality, ADM, has announced an initiative targeting fixed-income groups to meet their needs of residential units.



President Khalifa Declares 2018 The "Year of Zayed", Marking 100 Years Since The Birth Of The Late Sheikh Zayed (6 August 2017)
His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates, has declared 2018 the "Year of Zayed" in the United Arab Emirates.



Industrial Development Bureau Releases H1 2017 Report (5 August 2017)
A report by the Industrial Development Bureau, IDB, has revealed that 16 industrial facilities entered production in the Emirate of Abu Dhabi during the first half of 2017, an increase of 100 percent compared to the same period last year, with a total investment value of over AED3.8 billion.



Aldar Properties Announces 5% Increase In Gross Profit For H1 2017 (3 August 2017)
Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, today announced its financial results for the first half of 2017, recording a 5 percent increase in gross profit to AED1.29 billion, up from AED1.23 billion in the first half of 2016.



Foreign Investments At UAE Stock Markets Hit AED104.5 Billion In July (3 August 2017)
The market capitalisation of foreign shares at UAE stock markets continued their rising streak for the second month running, surging to AED104.5 billion during July, a growth of 5.5 percent over the month of June.



Etihad Airways Introduces Boeing 787 On Seoul Incheon Service (2 August 2017)
Etihad Airways has introduced the Boeing 787-9 on its scheduled daily service from Abu Dhabi, the capital of the United Arab Emirates (UAE), to Seoul. The aircraft touched down this morning at the South Korean capital’s space-age Incheon International Airport.



Central Bank pumps AED11.3 billion in liquidity in June (1 August 2017)
A total of AED11.3 billion in cash was pumped by the UAE Central Banks through banks operating in the country during June, which accounts for 35.7 percent of AED31.6 billion in total funds provided by the bank throughout 2016. The move reflects the rising demand for credit in the market.



Majid Al Futtaim And Al Jazira Club Announce Partnership To Invest AED 1.4 Billion In New Shopping Destination, City Centre Al Jazira (1 August 2017)
Abu Dhabi’s retail and entertainment sectors are set for further growth following the announcement of the first-ever City Centre mall in the UAE capital.




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