Friday , 23 February 2018

Tag Archives: Abu Dhabi

Nasdaq Dubai launches Abu Dhabi, Dubai equity index futures

Nasdaq Dubai’s website showed Dubai index futures, due to expire on June 21, trading at 3,328 on Sunday while the underlying index was down 0.6 percent at 3,310 points. Abu Dhabi index futures were at 4,560 while the index was up 0.2 percent at 4,586 points. Nasdaq Dubai said it was in talks with regional and international financial institutions that …

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UAE higher education year-end review

Universities in UAE saw higher placed rankings in 2017 Abu Dhabi: It was another big year for higher education in the UAE in 2017, with several key developments including university mergers, a new higher education strategy announced in December, and continued moves up the ranks for UAE-based universities. National Higher Education Strategy Announced in December by the Ministry of Education, …

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Abu Dhabi ADWEA seeks to reduce energy consumption by 20% by 2030

Abu Dhabi Water and Electricity Authority is seeking to be among the world’s leading providers of water and electricity by 2020. ABU DHABI – The Abu Dhabi Water and Electricity Authority, ADWEA, said its Demand Side Management programme (Tarsheed), seeks a 20 percent reduction in water and electricity consumption by the year 2030, Abdullah Ali Musleh Al Ahbabi, Chairman of …

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Abu Dhabi to recycle, re-use all waste water by 2020

Growth of emirate’s population in last four decades also impacted the emirate’s environment negatively Abu Dhabi: By 2020 Abu Dhabi will recycle and re-use all of its wastewater within the emirate, officials said on Monday. As it stands now, Abu Dhabi currently reuses only five per cent of its treated wastewater while the emirate uses 60 per cent groundwater and …

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iPhone 8s to hit UAE stores on September 23

Abu Dhabi: Avid Apple consumers will have to wait until later next month to order the new iPhone X but etisalat announced on Friday that it will begin offering the new generation iPhone 8 starting Saturday, September 23, at all Etisalat stores in UAE. The announcement comes shortly after Apple rolled out the iPhone 8 and the iPhone X in …

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Education financing in Dubai & Abu Dhabi

Financing of educational institutions (i.e. schools, kindergarten and to a certain extent universities) is on the rise in the UAE. Foreign educational institutions (e.g. schools, kindergarten and universities) either explore local bank funding (i.e. UAE banks) or seek the assistance of their home county banks or financial institutions to fund either establishment or expansion of such educational institutions in the …

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Etihad Airways sets new CEO deadline, may join late 2017

Etihad Airways has delayed the appointment of its new group chief executive to late 2017 with the hiring of a new boss nearly finalised, the airline said on Monday. In May, Abu Dhabi’s Etihad appointed executive Ray Gammell as interim Group CEO to replace veteran CEO James Hogan who left on July 1. At the time, Etihad said it was …

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Abu Dhabi Global Market, UAE Exchange join forces to enhance FinTech ecosystem

Abu Dhabi Global Market, ADGM, and UAE Exchange have entered into partnership, to support, develop and promote the FinTech ecosystem in Abu Dhabi and the UAE. An MoU was signed by Promoth Manghat, Chief Executive Officer of UAE Exchange Group, and Richard Teng, Chief Executive Officer of the Financial Services Regulatory Authority, FSRA, of ADGM. The partnership will see UAE …

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Chinese firms to invest $300mln in Abu Dhabi

Five Chinese companies will start operations in Abu Dhabi’s industrial zone with an initial investment of $300 million in a boost for the oil-rich emirate’s economic diversification plans. The companies, from Jiangsu province on China’s east coast, are involved in sectors ranging from power and metals to natural resources and banking, Abu Dhabi officials said. Chinese companies are increasingly seizing …

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Abu Dhabi’s ADNOC in talks with potential Asian partners

Sultan Al-Jaber, the group chief executive of Abu Dhabi National Oil Company (ADNOC), has met with potential and existing partners in Asia as the company looks eastward as part of its new strategic partnership approach. Al-Jaber discussed with his counterparts from China and Japan “new partnership and co-investment opportunities created through ADNOC’s new approach, as well as the deepening of …

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