Abu Dhabi Municipality Wins ’World Smart City Award’ At Sigfox Congress, Berlin (10 November 2018)
The Abu Dhabi City Municipality, ADM, has made a new achievement by winning the "World Smart City Award for the Fastest Growing Practices", presented by the German Sigfox Connect Company in Berlin. The awards attracted the participation of 52 countries from all over the world.
Eleven listed insurance firms post AED805 mn in combined profit in nine months (9 November 2018)
Eleven listed Emirati insurance companies posted AED805 million in combined profit during the first nine months of 2018, a growth of 18.5 percent from AED681 million during the corresponding period in 2017.
FAB Launches AI Analytics Portal For Merchants In Partnership With Al-Futtaim (8 November 2018)
First Abu Dhabi Bank, FAB, has launched a new portal powered by Artificial Intelligence, AI, and Machine Learning tools to deliver advanced analytics to merchants. FAB piloted the solution with Al-Futtaim, one of the most diversified privately held regional businesses.
Finance Conference Speakers Take A More Optimistic View Of Shipping Market Trends (8 November 2018)
The fourth Maritime Standard Ship Finance and Trade Conference, held at Abu Dhabi’s Sheraton Hotel and Resort, was in many ways very different from the preceding three events in this increasingly popular series.
Government Deposits To All-Time High Of AED286 bn (7 November 2018)
The growth is attributed to rising oil prices, which grew by 35 percent during the past 12 months, reflecting positively on the total assets of the banking sector.
Programme Of Inaugural Edition Of Al Burda Festival Announced (7 November 2018)
Set to run on 14th November, 2018, at Warehouse421 in Abu Dhabi, the event will renew the UAE’s commitment to preserving and promoting Islamic art forms and traditions across the globe while encouraging innovation for the future.
Siemens, Oil And Gas Firms To Tap Undiscovered Data Assets With Digitalization (7 November 2018)
With its expertise in rotating, electrical, automation, and digital solutions, Siemens is perfectly positioned to help oil and gas customers combine the digital and mechanical worlds, particularly in the context of a changing market landscape.
UAE Named World’s 10th Most Dominant Economic, Political Power (7 November 2018)
The United Arab Emirates ranked 10th on the list of the world’s most dominant economic and political powers in 2018, according to the US News World Report, where US headed the list, followed by Russia, China, UK, Germany, France and Japan, respectively, with Saudi Arabia coming ninth.
UAE Stocks Gain AED5 bn (7 November 2018)
The positive mood left the Abu Dhabi Securities Exchange General Index high by the end of today’s session at 5003 points, up 0.63 percent on day, with Dubai Financial Market following suit by 0.74 percent to 2815 points.
Abu Dhabi Securities Exchange Issues Thought Paper On Crypto Assets (6 November 2018)
Abu Dhabi Securities Exchange, ADX, has announced the issuance of a thought paper on infrastructure for crypto and distributed ledger environment, and financial market infrastructures.
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