News Archive
The UAE Ranks Twelfth Globally By Proportion Of Millionaire Households (17 June 2014)
The United Arab Emirates (UAE) ranks twelfth in the world by proportion of millionaire households, with 3.3 percent 33 out of every 1,000 households holding private wealth of at least $1 million, according to The Boston Consulting Groups (BCG) fourteenth annual global wealth management report.



Abu Dhabi HSBC Golf Championship Tees Up 10th Anniversary Event (17 June 2014)
Organisers of the Abu Dhabi HSBC Golf Championship, which will celebrate its 10th anniversary next year, have announced the award-winning event will run from January 15th – 18th at Abu Dhabi Golf Club.



Positive Psychology Can Improve UAE Residents Lives (15 June 2014)
A psychology professor at Canadian University of Dubai believes that developing a culture of positive psychology could have far reaching benefits for the country’s residents.



NBAD Sukuk Income Fund Delivers 5.83% Dividend Annualised (15 June 2014)
The National Bank of Abu Dhabi’s NBAD Sukuk Income Fund will pay to its investors a semi-annual distribution equal to 2.87%of the net asset value (NAV) ofUS$5.2532, being the NAV as at May 29, 2014. Accordingly, each unit in the Fund will receive a dividend pay-out ofUS$0.1510.



Abu Dhabi Gets More Fashionable As F&F Opens Two New Stores (15 June 2014)
F&F is continuing its expansion plans in Abu Dhabi with the opening of two new stores at World Trade Center Mall (WTCM) and Dalma Mall.



Abu Dhabi Airports Welcomes Athens-Based Aegean Airlines As First Flight Lands (15 June 2014)
Abu Dhabi International Airport last week welcomed the first arrival of Aegean Airlines first commercial flight from Athens, the capital of Greece.



Kizad Signs On Al Khaili Group With AED 280 Million Investment (15 June 2014)
Officials from Khalifa Industrial Zone Abu Dhabi (Kizad) and Saif Al Khaili Group, a privately owned UAE business group with headquarters in Abu Dhabi.



ADCB Launches Simplylife Mastercard Credit Card (15 June 2014)
Abu Dhabi Commercial Bank (ADCB) continues to advance its ‘SimplyLife’ brand by launching its first ever credit card. The new Titanium MasterCard Credit Card offers a powerful cash back proposition to consumers, 1.5% cash back on every purchase.



ADNOC Distribution Hosts Kick-Off Meeting On Trunkey Solutions For Smart Service Station Program (15 June 2014)
ADNOC Distribution hosted a kick-off meeting on its strategic Turnkey Solutions for Service Stations project as part of its ongoing Smart Service Stations program.



UAE Launches Arab Social Media Award To Encourage Innovative And Responsible Use Of Social Media In Region (15 June 2014)
An initiative of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.




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