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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.

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.

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.

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.

Sheikha Fatima Orders Launch Of Virtual Market For Productive Families (1 July 2020)
H.H. Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, GWU, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation.

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.

Aramex, Mubadala Healthcare To Provide Door-To-Door Medical Supplies Service (30 June 2020)
Aramex on Tuesday announced that it has partnered with Mubadala Healthcare, a unit of Mubadala, to distribute door-to-door critical medical supplies to patients across the UAE.

Khalifa Fund Announces Statistics Following Year Of Economic Stimulus In 2019 (30 June 2020)
Khalifa Fund for Enterprise Development, the independent, non-profit development entity mandated by the Abu Dhabi Government to support small and medium enterprises, SMEs, have revealed its achievements for year-end 2019.


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