CurrentRequestUnmodified: /uae/abu-dhabi/special-device-to-sterilise-abu-dhabi-police-k9-team Financial reports confirmed that cash flows were being managed according to the disbursement plan of the current federal budget, the statement said. Abu Dhabi is among Gulf Arab governments turning to debt after fall in oil prices. The UAE has approved an increase in the size of 2020 federal budget, topping the largest-ever budgetary plan it had rolled out for 2019. Arun Leslie John, chief market analyst at Century Financial, said the budget of 2020 focuses on those projects which can transform the UAE economy and improve its competitiveness further in the coming years. The Abu Dhabi Emergency Crisis and Disasters Committee for Covid-19 Pandemic on Wednesday announced new requirements for entering the emirate.

Abu Dhabi returned to the dollar debt market, selling the longest bond ever offered by Gulf Arab governments as countries in the region raise cash buffers to weather the pandemic and low oil prices.

Trending UAE: Sheikh Mohamed condemns terrorism in France The government, under the Finance Act, 2020, had allowed tax exemption for SWFs and pension funds in the case of incomes from investment in 34 key infrastructure sectors, including hotels, cold chains, educational institutions, hospitals, and gas pipelines. Abu Dhabi local Government entities and Federal Competitiveness and Statistics Authority. Similarly, the budget for healthcare was raised from Dh4.4 billion to Dh4.9 billion. The year 2020 will be the beginning of a new development decade," His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, said in a tweet after a Cabinet meeting in Abu Dhabi. Over the recent decades, the emirate of Abu Dhabi has undergone a significant transformation in economic growth.

CurrentRequestUnmodified: /apps/pbcs.dll/article?avis=KT&date=20200319&category=ARTICLE&lopenr=200318936&Ref=AR&profile=1913 The 2019 federal budget of Dh60.3 billion is currently the country's largest. Tourism is playing in integral role in Abu Dhabi's economic development.

H2O’s Bruno Crastes Faces Solo Future for London Fund Manage... Moody’s Raises Greece’s Rating as Reforms Bring Progress.

It has 200 islands and a long coastline stretching 700km.

The city of Abu Dhabi is connected to the mainland by four bridges: Maqta bridge, Mussafah bridge, Sheikh Zayed bridge and Sheikh Khalifa bridge. Before it's here, it's on the Bloomberg Terminal.

Hype Over EU Social Bond Sale Grows After Bumper Demand at D... Gold Posts Biggest Weekly Gain Since July as Biden Closes In. The taskforce on the National Infrastructure Pipeline (NIP) for 2019-25 has estimated investment requirements at Rs 111 trillion in infra projects to achieve the target of becoming a $5 trillion economy by FY25. The sub-sectors under the scheme include infrastructure for special economic zones, textile parks and agriculture markets, telecom towers, electricity generation, and transmission and distribution, besides ports and airports.

UAE Government.

macro_profile: , “The Ministry of Finance continues its efforts to further build upon the federal financial system and improve the services to meet the expectations of all citizens, residents and government entities,” Obaid Al Tayer, Minister of State for Financial Affairs said.

The emirate of Abu Dhabi lies on the coast of the Arabian Gulf and is bordered by Sultanate of Oman to the east, the Kingdom of Saudi Arabia to the south and the west and the emirate of Dubai to the northeast. Abu Dhabi Global Market, the emirate's financial free zone, on Al Maryah Island. EN AR. FEE.

GDP of Abu Dhabi for the year 2014 was AED 960,146 million (at current prices). It also has several autonomous agencies with clearly specified powers and a 60-member National Consultative Council comprising representatives of the main tribes.

Al Ain and Al Dhafrah regions of the emirate and its oil terminal of Das are headed by the rulers' representatives, while its main cities, Abu Dhabi and Al Ain, are administered by municipalities.

MIC Redwood 1 RSC submitted its final replies on October 20 and after that the process of notification, including consultations with the Ministry of Law and Justice for legal vetting of the notification, etc. The federal government also earmarked 7.3 per cent to the health sector in the 2019 plan.

The government is taking advantage of low borrowing costs and investor demand for higher returns as it seeks to bolster its finances, with oil prices below what it needs to balance its budget. “Abu Dhabi is well-placed to deal with the impact of oil prices over the medium term with a formidable net asset position providing substantial fiscal and extended buffers,” said Todd Schubert, Singapore-based head of fixed-income research at Bank of Singapore Ltd. “In a world thirsty for yield, this AA credit should be an attractive cash alternative.”.

“Demand for high-grade paper remains strong and this is the strongest credit in the region,” said Abdul Kadir Hussain, the head of fixed-income asset management at Arqaam Capital in Dubai. TAMM - Abu Dhabi Government Service Centres. The zero-deficit budget, as expected, heavily focuses on the well-being of the citizen with a large chunk of spending allocated for the social development, education and healthcare of UAE nationals. Ghadan 21- Abu Dhabi’s accelerator programme. Abu Dhabi Police urged 'motorists to exercise caution due to reduced... READ MORE, "We appreciate the efforts of the teams that worked hard to make our... READ MORE, Schools will have classrooms full of students from January,... READ MORE, The Syrian woman gave birth to triplets at a UAE hospital. The new requirements nullify the earlier rule announced on September 4, where a mandatory PCR test had to be taken on the sixth day. If staying for eight or more days, a PCR test is mandatory on Wednesday (day 4) as well as on the following Sunday (day 8).”.

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Which other GCC state could introduce income tax after Oman? Abu Dhabi offered a yield of 65 basis points over U.S. Treasuries on $2 billion of notes due September 2023, 105 basis points for its $1.5 billion in long 10-year securities and 2.7% for $1.5 billion in bonds due in half a century, which will be its longest yet. With the global economy on a slow path to recovery, corporate treasurers around the world are looking to stockpile cash.

Building the world’s thinnest skyscraper.

Investment in infrastructure, tourism, transport, health and education is continuing, in line with the government's 2030 economic plan. Phase 2 will extend the existing 264-kilometre line by another 605km.

US Election live: Biden elected president, say... Video: Biden ‘honored’ that Americans ... White House Chief of Staff tests Covid-19 positive. MIC Redwood 1 RSC applied for tax exemption on September 18.

macro_action: article, The 2019 budget allocated 42.3 per cent of spending to community development programmes, while 17 per cent was set aside for upgrading education systems. The committee also reviewed cash flows for the current year, as well as projected revenue for the remainder of the current fiscal year. The resolutions will take effect as of 1st January 2020, and will apply to employees across all civil government entities in Abu Dhabi. “Amid the challenges of Covid-19, all deliberations and meetings between the applicant and tax authorities were held virtually and communications were made only through emails.

They originally lived in the Liwa oasis and settled in Abu Dhabi in 1793 where they lived in Qasr Al Hosn for almost two centuries.

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According to Abu Dhabi Statistics Centre The estimated population of the emirate around mid-2016 was 2,908,173 (comprising 1,857,618 males and 1,050,555 females).



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