UAEREP Launches Fourth Cycle and Starts Receiving Project Proposals

UAEREP Launches Fourth Cycle and Starts Receiving Project Proposals

Abu Dhabi, United Arab Emirates,  The UAE Research Program for Rain Enhancement Science (UAEREP) announced the launch of its fourth cycle at the fifth International Rain Enhancement Forum (IREF), convened virtually under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Presidential Affairs. Submissions are open to innovative project proposals from across the globe. The program offers a grant of up to US$1.5 million, distributed over three years with a maximum annual amount of $550,000 for each winning research proposal in…

Ideas for Boosting Food Safety, Security with Local Food Producers

Ideas for Boosting Food Safety, Security

Minister of Climate Change and Environment Explores Ideas for Boosting Food Safety, Security with Local Food Producers Move aligns with Designing the Next 50 project His Excellency Dr Abdullah Belhaif Al Nuaimi, Minister of Climate Change and Environment, met with the management of Emirates Industry for Camel Milk & Products (EICMP) and Armela Farms to get their input on boosting food security in the UAE. EICMP produces the leading brand Camelicious, while Armela Farms is a large-scale commercial producer, packer, and distributor of water-grown lettuce and kale. The meeting aligned…

UAEREP Tests Efficiency of New Cloud Seeding Nanomaterials in USA Campaign aims to investigate cloud seeding effectiveness of novel nanomaterials developed by Program’s 1st cycle awardee following its successful test in UAE

UAEREP Tests Efficiency of New Cloud Seeding Nanomaterials in USA

The UAE Rain Enhancement Program (UAEREP), overseen by the National Center of Meteorology (NCM), has launched a flight campaign in Texas, USA to investigate the effect of novel cloud seeding nanomaterials on the droplet size distribution, and ultimately, the rainfall generation process. The open atmosphere airborne tests are the culmination of successful laboratory-scale experiments and modeling studies carried out over the past 4 years, as well as the tests that took place in Abu Dhabi, the UAE, last year. The campaign is a combined effort leveraging research outcomes and capabilities…

ABU DHABI COMMERCIAL BANK PJSC REPORTS FULL YEAR PRO FORMA NET PROFIT OF AED 5.244 BILLION RECOMMENDS CASH DIVIDEND OF AED 0.38 PER SHARE* EQUIVALENT TO 50% OF PRO FORMA NET PROFIT

Abu Dhabi, 27 January 2020 – Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its full-year financial results for 2019 (“FY’19”). The results below are based on the full-year pro forma financial statements for the combined entity, following the merger between ADCB and Union National Bank (UNB), and the subsequent acquisition of Al Hilal Bank, both on 1 May 2019. Merger benefits materialising in Q4’19 through sustainable reduction of cost base Q4’19 net profit at AED 1.048 billion and full year group net profit at AED 5.244…