This article introduces the main branches of Abu Dhabi First Bank in the UAE along with their SWIFT codes to facilitate smooth international remittances. It also provides a solution using the headquarters' SWIFT code to ensure that funds reach the account accurately.
This month, the seat supply in the Middle East aviation market increased by 4.52%, with international routes growing by 5%. The UAE and Saudi Arabia are the largest markets, while Israel saw a capacity growth of 19.6%. Low-cost airlines have performed exceptionally well.
The SWIFT code for FIRST ABU DHABI BANK PJSC is NBADAEAAAAM, ensuring safe and fast international remittances. Located in Al Ain Mall, UAE, the bank offers a smooth cross-border transaction experience, allowing customers to easily transfer funds from USD to EUR, showcasing its exceptional financial services.
The IATA Pre-loaded Cargo Information (PLACI) manual offers a globally standardized cargo information declaration process. It helps businesses efficiently comply with declaration requirements in the US, Europe, UK, UAE, and Canada, avoiding fines and delays, improving operational efficiency, and ensuring trade security. The manual is valid from January 1, 2026, to December 31, 2026.
This report explores the historical changes, rapid growth, and future challenges of the Middle East aviation market, focusing on the market structures and influences in the UAE and Saudi Arabia. It depicts the current competitive landscape among regional airlines and the profitability difficulties they face, while also anticipating the potential impact of the Vision 2030 project on the industry.
Since its establishment in 2006, the Abu Dhabi Ports Group has actively promoted economic growth in the UAE by managing 11 ports and terminals. The group aligns with the Abu Dhabi Economic Vision 2030, contributing 3.6% to the non-oil GDP. Its efficient port management and application of smart technologies have positioned Abu Dhabi as a significant international logistics hub.
AD Ports Group has opened its first office in China to strengthen ties with local partners and expand its logistics investment in Asia. The new base will support trade development under China's Belt and Road Initiative and provide advantages for Chinese investors entering the UAE market. The group plans to enhance its services in China to better capture the rapidly growing Chinese logistics market.
Amazon reminds sellers that the Saudi VAT penalty waiver policy is ending in 17 days! VAT registration is mandatory for sellers using FBA in the UAE and Saudi Arabia. Ensure you register for a Saudi tax ID before November 30th to avoid penalties for late registration, filing, or payment. Compliant operations are crucial for expanding in the Middle East market. Seeking professional tax services is highly recommended.
Latin American unicorn Kavak is investing $130 million to enter the Middle Eastern used car market, starting with the UAE and Oman through a merger with local platform Carzaty. Kavak aims to reshape the Middle Eastern used car landscape through technological innovation and localized operations, providing consumers with a better buying and selling experience. The company plans to continue investing heavily over the next two years to build the largest used car business in the Gulf region.
Noon is building the UAE's largest logistics center in Abu Dhabi, spanning 252,000 square meters, expected to open in 2024 and create 6,000 jobs. This aims to improve delivery speed and accelerate the development of e-commerce infrastructure in the Middle East. Despite inflation, the UAE e-commerce market remains strong, with sales projected to reach $9.2 billion in 2026. This move by Noon could help it become a dominant player in the Middle Eastern e-commerce landscape.
