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First Abu Dhabi Bank

First Abu Dhabi Bank approves Dhs8.08bn cash dividends for 2020

The bank recorded a a full year 2020 net profit of Dhs10.6bn

ADNOC Abu Dhabi

UAE’s ADNOC appoints new managing director, restructures to form executive board of directors

Dr Sultan Ahmed Al Jaber has been appointed as managing director of ADNOC, in addition to his current position as CEO

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi to process 100% cash refunds within a week of cancellation

The airline also offers customers the option to refund 120 per cent of the original fare in airline credit

Covid-19 Vaccination Masdar City Abu Dhabi

No prior appointments required for select persons at new Covid-19 vaccination centre in Abu Dhabi’s Masdar City

Operated by Mubadala Health, the centre is open from Sunday to Thursday between 10am and 7pm

Schools Education Dubai

UAE private schools admission age changed – ministry

All students currently enrolled at private schools in the UAE will not be affected by the change

Etisalat

UAE operator Etisalat reports Dhs9bn net profit in 2020; up 3.8% y-on-y

Its consolidated revenues reached Dhs51.7bn, a 0.9 per cent decrease over the previous year

Abu Dhabi-based Halcon rolls out UAE’s first air defence missile

Halcon’s SkyKnight was purposely designed to counter modern threats, providing early warning signals and precise surface-to-air intercept capabilities

Abu Dhabi removes Saudi Arabia from ‘green list’, destinations cut to 10

Passengers arriving from the green list are exempt from mandatory quarantine measures

IDEX NAVEX 2021

UAE Armed Forces sign over Dhs7bn deals on day two of IDEX and NAVDEX 2021

On day two, the UAE Armed Forces signed Dhs6.983bn worth of contracts with international companies, representing 95 percent of the total deal value for the day

IATA travel pass etihad

UAE’s Etihad to begin trials for IATA Travel Pass on select routes in March – official

Etihad recently became the first airline in the world with 100 per cent of its operating pilots and cabin crew vaccinated

IDEX NAVEX 2021

UAE Armed Forces sign over Dhs5bn deals on day one of Abu Dhabi defence exhibition

UAE companies secured deals worth Dhs3.939bn, accounting for 78 per cent of the overall value of the agreements

Martin Schulz Mercedes-Benz Middle East

Mercedes-Benz Middle East appoints Martin Schulz as new president and CEO

Schulz replaces Thomas Klein who held that position since July 2019 and led Mercedes-Benz across 13 markets within the Middle East and Levant region

Abu Dhabi’s Mubadala mulling IPO of Yahsat, says CEO-designate

Yahsat provides integrated satellite communications solutions to over 150 countries

ABu Dhabi Schools Covid-19 Tests

Abu Dhabi: Nurseries, schools to face penalties upto Dhs250,000 for flouting Covid-19 protocols

Repeated non-compliance can lead to schools being forced to shift to distance learning, with parents entitled to remove their children and gain fee refunds

UAE’s ‘DhabiSat’ takes off to International Space Station

Developed by 27 graduate students at Yahsat Space Lab, the project is helping train individuals to become qualified engineers

UAE Schools Covid-19

UAE education: Onus on principals to inform health ministry of Covid-19 infections among employees, students

The Federal Public Prosecution said that it was obligatory to do so according to Article 12 of the Federal Law No 14 of 2014 concerning Prevention of Communicable Diseases

Abu DHabi real estate

Value of real estate transactions in Abu Dhabi totalled Dhs74bn in 2020, up 28% y-on-y

In 2020, there were 19,000 transactions executed, including sales and mortgages of land, buildings and real estate units for all types of land use

Etihad Gulf Air

UAE’s Etihad and Bahrain’s Gulf Air to expand codeshare agreement

By June 2021, Etihad and Gulf Air will be able to offer up to an additional 30 combined destinations beyond the Abu Dhabi and Bahrain hubs

Emirates Esports Association to set up base at Yas Creative Hub in Abu Dhabi

Abu Dhabi continues to grow status as regional gaming and esports hub

Wizz Air Abu Dhabi to commence flights to Egypt, fares start from Dhs49

A total of 2,500 tickets priced at Dhs49, are on sale from February 17-18, on the airline’s website and mobile app

Abu Dhabi

Abu Dhabi closes 325 businesses for Covid-19 infections among employees

The closures were made as part of the Abu Dhabi Department of Economic Development’s inspection campaigns

Abu Dhabi Chamber inks cooperation agreement with Tel Aviv counterpart

Both sides will jointly work to extend cooperation in a number of investment sectors

UAE students develop AI aircraft inspection algorithm for Lockheed Martin

Interns build a tool to detect paint and primer defects on aircraft at Masdar City

Abu Dhabi unveils fleet of electric buses

The electric buses will be powered by the fast-charging LTO battery

Tabreed

Abu Dhabi-headquartered Tabreed’s net income rises 16.5% in 2020 to Dhs550m

Tabreed currently delivers over 1.404 million refrigeration tonnes to key developments across the UAE and Saudi Arabia

EDGE Group Ukraine

UAE’s EDGE Group signs $1bn defence agreement with Ukrainian state-owned companies

The agreements with UkrOboronProm and Ukrspecexport were signed during a visit of Ukrainian President Volodymyr Zelensky to the UAE

Drive-through Covid-19 Vaccine Abu Dhabi

Drive-through Covid-19 vaccination centre opens in Abu Dhabi

The centre can accommodate up to 700 people per day and can vaccinate around 60 people per hour

Israeli firms to miss IDEX 2021 in Abu Dhabi due to Covid-19 travel restrictions

Israeli firms were due to take part in the defence expo for the first time

ABu Dhabi Schools Covid-19 Tests

Free mandatory Covid-19 PCR tests for students returning to school in Abu Dhabi

All teachers and staff members returning to campus must obtain a negative Covid-19 PCR result, and subsequently secure a negative result every two weeks

UAE’s first holographic surgery carried out at Burjeel Medical City

Surgeons from 13 different countries assisted by HoloLens 2 from Microsoft