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Pension of UAE nationals working in Abu Dhabi public schools will increase to 80% of salary

Abu Dhabi: Pension for UAE nationals working in public schools to increase to 80% of salary

The Abu Dhabi Government will spend more than Dhs6.6bn to implement the new pension rate

Deutsche Bank

Abu Dhabi fund hires Deutsche Bank executive for real estate

Drew Goldman’s appointment is effective October 3

Borouge 4 construction to commence in Ruwais

Borouge 4 construction to commence in Ruwais, early phase underway

Upon completion, the new project will add an additional 1.4 million tonnes of polyethylene

Wizz Air launches two new routes to Maldives and Kuwait

Wizz Air launches two new routes to Maldives and Kuwait

Fares will start from Dhs99 for Kuwait and Dhs319 for Maldives from October

ADCB BANK

ADCB joins ‘Buna’ system to enhance regional cross-border payments

The Buna platform offers stringent levels of governance and transparency through increased oversight from central banks as well as effective reporting and compliance mechanisms

ADFD, ADEX sign two loan agreements worth Dhs337.9m in Bahrain

ADFD, ADEX sign two loan agreements worth Dhs337.9m in Bahrain

The agreements were signed with the Electricity and Water Authority in Bahrain

Abu Dhabi Chamber announces digital services on TAMM

Abu Dhabi Chamber introduces smart government services on TAMM 

Customers can now access a curated package of smart services through four main channels such as customer service centres, contact centres, the TAMM website and smart app

UAE President

UAE President orders Dhs1.5bn housing benefits to Abu Dhabi citizens

The benefit will cover more than 1,100 beneficiaries in the emirate

Red Cross Abu Dhabi

International Committee of the Red Cross to open office in Abu Dhabi

The UAE government signed an agreement with the International Committee of the Red Cross to establish the office

Free parking Abu Dhabi

Free public parking in Abu Dhabi shifted to Sundays instead of Fridays

The regulation will come into effect from July 15

Abu Dhabi Colombia

Abu Dhabi, Colombia collaborate to boost energy sector

The Abu Dhabi Department of Energy and Ministry of Mines and Energy of Colombia will explore opportunities for financing projects in energy areas including use, and storage of hydrogen

Abu Dhabi’s Etihad Airways unveils first NFT collection

The airline will allocate proceeds from the collection to purchase sustainable aviation fuel in 2022

AD Ports Group

Abu Dhabi’s AD Ports Group, SEG to create logistics cluster in Uzbekistan

AD Ports Group will establish its first foreign office in Uzbekistan to support the project

GE Digital

ADDED, GE Digital partner to accelerate digital transformation in Abu Dhabi’s manufacturing sector

Both organisations will adopt circular economy strategies to drive a more productive, advanced and innovative sector while reducing greenhouse gas emissions

Yas Island events calendar

Yas Island’s calendar of events include sports, music and family activities

The line-up features everything from global sports championships and family-friendly excitement to top-artist concerts and exhilarating adventures

Mohamed Abdalla Al Zaabi - CEO of Miral

Encouraging Emirati talent to grow in the leisure and entertainment sector

Mohamed Abdalla Al Zaabi, CEO of Miral tells us about training Emirati talent in the leisure and entertainment sector of the region

Hub71 e&

Hub71 and e& enterprise to launch UAE’s first AI Center of Excellence

Located in Abu Dhabi, the AI Centre of Excellence will enable companies and startups to develop, deploy and scale applications implementing enterprise AI use cases

Flat6Labs

ADQ’s venture platform, Flat6Labs reveal startups under Ignite programme’s new cycle

The cohort includes seven UAE-born startups and three international companies that will now establish significant business operations in Abu Dhabi

Etihad Airways

Abu Dhabi’s Etihad to fly over 2.7 million passengers this summer

Over 1.4 million guests are expected to depart from Abu Dhabi International Airport

Alpha Dhabi ups stake in Aldar

Alpha Dhabi ups stake in Aldar, becomes single largest shareholder and parent company

As a long-term strategic shareholder, Alpha Dhabi will continue to support Aldar’s management team as they execute its growth agenda

AD Ports Group ranked in the top five of global efficiency index

AD Ports Group ranked in the top five of global efficiency index

The report cites the use of digital technology and green fuel alternatives as two of the major ways that countries are modernising their ports

Etihad Airways

Etihad Airways to resume direct flights from Abu Dhabi to Beijing

The airline will operate a weekly flight on a Boeing 787 Dreamliner for the route

spacex

Abu Dhabi’s IHC, Alpha Dhabi to invest $50m in Elon Musk’s SpaceX

IHC has previously acquired stakes in SpaceX through a private equity fund

Amazon Abu Dhabi Delivery Station

Amazon opens its largest delivery station in Abu Dhabi

The 4,700sqm delivery station is the second largest in the country and provides same-day and next-day deliveries to customers

Abu dhabi fire Image courtesy: Abu Dhabi Police, Twitter

19 injured after fire breaks out in a building in Abu Dhabi

The fire broke out in a 30-storey building at the Al Zahia area in Abu Dhabi on Friday afternoon

Etihad seasonal routes

Abu Dhabi’s Etihad launches five seasonal routes for summer

Three seasonal services took off on the morning of June 15

developer portal

Abu Dhabi’s ADIB launches API developer portal to drive open banking

The new portal will enable fintech developers to use the lender’s APIs for the purpose of developing their own applications

AD Ports Group

AD Ports Group to launch logistics and freight services in Uzbekistan

The joint venture with Enter Engineering Group will include sea, land and rail logistics, warehousing, contract logistics and customs clearance

ADQ

Abu Dhabi’s ADQ, Jordan’s Ministry of Digital Economy and Entrepreneurship launch $100m tech fund

The fund will be dedicated to tech startups and companies specialised in sectors such as telecommunications, financial services and education, among others

Abu Dhabi Securities Exchange

Abu Dhabi Securities Exchange’s market capitalisation hits $545bn

The market value of shares owned by foreign investors in Q1 2022 jumped 163 per cent to total Dhs131bn