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CBUAE Raises Interest Rates In Line With US Federal Reserve (27 September 2018)
Certificates of Deposit, which CBUAE issues to banks operating in the country, are the monetary policy instrument through which changes in interest rates are transmitted to the UAE banking system.

Central Bank Raises Interest Rates To Its Certificates Of Deposits (27 September 2018)
At a meeting held yesterday, the Repo Rate applicable to borrowing short term liquidity from CBUAE against Certificates of Deposits has also been increased by 25 basis points.

DCT Abu Dhabi Inaugurates ’Bait Al Gahwa’ Initiative (27 September 2018)
The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has inaugurated the ’Bait Al Gahwa’ (Coffee House) initiative at Manarat Al Saadiyat on Saadiyat Island.

Khidmah UAE And KSA Awarded Global Standard Certifications (27 September 2018)
The ISO and OHSAS certifications give Khidmah visibility to measure, monitor and manage its carbon footprint across different geographical locations, and have improved cross-functional teamwork at different levels of the organization.

Abu Dhabi Fund for Development Allocates AED3.2 Billion to Support Agricultural Sector (26 September 2018)
Abu Dhabi Fund for Development has allocated nearly AED3.2 billion towards development projects in the agricultural and irrigation sectors.

Aldar Completes Successful Refinancing With New 7 Year US$500m Sukuk (26 September 2018)
Aldar Investments debut US$500m 7 year sukuk competitively prices at 4.75%.

Bloom Properties to Showcase Latest Residential Developments at Cityscape Global 2018 (26 September 2018)
Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, has announced its participation in the upcoming edition of Cityscape Global.

Etihad Guest Programme welcomes Air Europa as new airline partner (26 September 2018)
Etihad Guest, the award-winning loyalty programme for Etihad Airways, has announced a new partnership with Air Europa.

Abu Dhabi Executive Committee Prioritises Knowledge, Innovation (25 September 2018)
These initiatives aim at enhancing business competitiveness in Abu Dhabi, attracting investment and increasing economic opportunities. This will contribute to enhancing Abu Dhabi’s position as the capital of economic diversification and an incubator for innovators and economic future makers.

Abu Dhabi Global Market Issues Public Consult On Bank Recovery And Resolution Regime (25 September 2018)
The FSRA is proposing a tailored, risk-proportionate approach that effectively addresses the risks posed by the failure of any significant financial institution or a member of its financial group.


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