ABU DHABI / WAM Abu Dhabi Global Market (ADGM), announced its upcoming launch of a new initiative, ‘FinTech 50’, and the third edition of the ‘Innovation Challenge’, as part of the fintech Abu Dhabi Festival 2019. The ADGM Innovation Challenge poses a set of fintech problem statements that represent the various challenges that financial institutions, corporates, and consumers face in ...

ABU DHABI / WAM Abu Dhabi International Airport (AUH), handled 564,042 passengers during the nine-day-long Eid Al Fitr holiday, the beginning of the summer season. During the holiday period, between May 31 and June 8, AUH welcomed 200,867 origin and destination (O&D) travelers, and a total of 361,764 transit passengers. The top five destinations for passengers departing from AUH were: ...

ABU DHABI / WAM Khalid Ali Al Bustani, Director-General of the Federal Tax Authority (FTA), revealed that the FTA approved 390 requests to refund housing tax worth AED17.52 million, in implementation of the vision of the UAE’s leadership to create a modern housing system for UAE citizens and provide them with the best living standards. In statements to Emirates News ...