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Investments in UAE expected to rise by 20% this year

05 Apr 2019

The UAE Government’s new foreign direct investment, FDI, law passed in 2018 could accelerate FDI flows by up to 20 per cent this year, from the eight per cent average growth rate, as per the recent estimates of the Ministry of Economy.

Adnoc and ADRPBF in pipeline infrastructure investment deal

14 Apr 2019

The Abu Dhabi National Oil Company (Adnoc) announced on Sunday that it has entered into a follow-on pipeline infrastructure investment agreement with the Abu Dhabi Retirement Pensions and Benefits Fund (ADRPBF). ADRPBF will invest Dhs1.1 billion ($300 million),

Ai Everything to highlight UAE’s emergence as global AI testbed

14 Apr 2019

The Dubai World Trade Center (DWTC) is set to host the first-ever edition of what is to become the most influential Artificial Intelligence (AI) event to date — Ai Everything (AiE). The summit will run from April 30 to May 1, 2019 and will witness the highest calibre of AI talent engage with a thriving global AI community.

ADX, French Business Group discuss investment opportunities

16 Apr 2019

The Abu Dhabi Securities Exchange (ADX), region’s leading financial market, recently hosted the French Business Group delegation during which the operational framework, vision, mission, and investment opportunities at ADX were highlighted. Abdul Aziz Al Neaimi, Assistant Chief Executive of ADX,

MEFMA pushes for regulatory framework

17 Apr 2019

The Middle East Facility Management Association (MEFMA) has recently convened a group of facilities management (FM) leaders and stakeholders in Abu Dhabi in a high-level networking event organised to push for an all-encompassing regulatory framework to govern the region’s entire FM industry.

Internal Auditors’ conference opens with digitisation top on agenda

17 Apr 2019

The role of Internal Audit (IA) has been changing due to business complexity and the introduction of new technologies. Digitisation and technological advancements are posing significant challenges to IA functions at organisations, His Excellency Hamad Al Hurr Al Suwaidi, Chairman of Abu Dhabi Accountability Authority, said.

Amendments in Abu Dhabi real estate law

17 Apr 2019

In his capacity as Ruler of Abu Dhabi, President His Highness Sheikh Khalifa Bin Zayed Al Nahyan, has issued a law amending provisions of Law No. 19 of 2005 concerning real estate sector in Abu Dhabi.

Cityscape portrays success of UAE capital’s real estate sector

18 Apr 2019

Cityscape Abu Dhabi 2019 has been hailed a success in charting a clear path for the UAE capital’s real estate sector as it navigates current market challenges, with the three-day show witnessing sold-out project launches, proactive changes to property laws and in-depth industry-changing discussions.

Adnoc appoints more certifying bodies to expand ICV programme

01 Apr 2019

The Abu Dhabi National Oil Company (Adnoc) announced on Monday that it has expanded its In-Country Value (ICV) Programme by appointing a group of 6 additional third-party certifying bodies who will be responsible for verifying and measuring suppliers’ ICV performance, bringing the total number of the Program’s certifying bodies to 12, from 6. The signing ceremony occurred at Adnoc’s HQ.

ADFD facilitates Dhs16.5 billion deals for UAE companies in 10 years

01 Apr 2019

In a bid to support the UAE’s national economy, Abu Dhabi Fund for Development, ADFD), the leading national entity for international development aid, has facilitated business deals worth Dhs16.5 billion for UAE companies over the last 10 years to implement ADFD-funded projects in developing countries.

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