
Abu Dhabi Pension Fund to relocate Bani Yas customer service centre to Mohamed bin Zayed City
ABU DHABI (ALETIHAD)The Abu Dhabi Pension Fund is relocating its Customer Happiness Centre at the Municipal Community Centre in Bani Yas area to the Municipal Community Centre in Mohamed bin Zayed City. The move will take effect on Monday, July 28, the Fund has announced. This relocation — carried out in cooperation with the Department of Municipalities and Transport (DMT), represented by Abu Dhabi City Municipality — aligns with the Fund's commitment to enhancing customer experience. It is also part of a broader strategy to develop service delivery channels, ensuring easier access and reflecting the Fund's dedication to continuously improving its offerings.The new office will operate from 7:30am to 3:00p.m., Monday to Thursday, and from 7:30am to 12:00pm on Fridays.Customers can continue to access the Fund's services digitally through the unified government platform TAMM. The public is encouraged to use these digital services, which offer a quick, flexible, and user-friendly experience that supports the Fund's goal of delivering efficient and innovative service.
The Fund expressed its sincere thanks and appreciation to DMT, represented by Abu Dhabi City Municipality, as well as the Municipal Community Centres in Bani Yas and Mohamed bin Zayed City, for their cooperation in facilitating the transition.
Source: Aletihad - Abu Dhabi

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
18 hours ago
- Zawya
IMF 2025 World Economic Outlook projects growth rates of 3.0% for 2025, 3.1% for 2026
WASHINGTON: The IMF today announced an updated forecast for global growth. The Fund projects growth rates of 3.0% for 2025 and 3.1% for 2026. This new forecast for 2025 is an increase of 0.2 percentage points compared to the reference forecast in the April 2025 World Economic Outlook (WEO), while the outlook for 2026 is up by 0.1 percentage points. 'Global growth has been revised up to 3.0% in 2025 and 3.1% in 2026, reflecting stronger than expected front loading, lower tariff rates compared to early April, easier financial conditions, including a weaker US dollar and fiscal expansion in some jurisdictions. Still, projections remain about 0.2 percentage point below our pre-April 2nd forecasts, indicating that the trade tensions are hurting the global economy. Global inflation continues to decline, reaching 4.2 percent in 2025 and 3.6 percent in 2026,' said Pierre-Olivier Gourinchas the IMF's Chief Economist. Gourinchas added that overall, risks to the outlook remain tilted to the downside, as in the April WEO. 'Risks remain tilted to the downside. A breakdown in trade talks or renewed protectionism could dampen growth globally and fuel inflation in some countries. Persistent uncertainty may weigh on investment, while geopolitical tensions and fiscal vulnerabilities pose additional threats. Financial conditions have eased, but they could tighten abruptly, especially in case of threats to central bank independence. On the upside, breakthroughs in trade negotiations could boost confidence and structural reforms could lift long term productivity,' added Gourinchas. In terms of advice to policy makers, economic policies need to bring confidence, predictability, and sustainability by calming tensions, preserving price and financial stability, restoring fiscal buffers, and implementing much-needed structural reforms. 'Reducing policy uncertainty is essential. This is especially true for trade policy, where the global economy needs clear, transparent and predictable rules. Many countries need to address fiscal vulnerabilities and rebuild fiscal buffers even if they face increased spending needs. Central banks must maintain price and financial stability while preserving independence. Exchange rate flexibility remains key, even if some tailored interventions may be appropriate in certain cases in line with our integrated policy framework. Finally, structural reforms that ease policy tradeoffs and support long term growth remain essential to long term prosperity,' said Gourinchas.


Al Etihad
a day ago
- Al Etihad
IMF upgrades outlook for global growth
29 July 2025 17:00 A. SREENIVASA REDDY (ABU DHABI)The International Monetary Fund (IMF) has revised its projections for the global economy and major economies, offering a cautiously optimistic outlook amidst persistent global uncertainties. In the July 2025 update of the World Economic Outlook (WEO), the IMF forecasts the global economy to grow by 3% in 2025 and 3.1% in 2026—upward revisions of 0.2 and 0.1 percentage points, respectively, from the April 2025 IMF attributed the modest upgrade to 'lower average effective US tariff rates than announced in April, an improvement in financial conditions, including due to a weaker US dollar, and fiscal expansion in some major jurisdictions.'Global headline inflation is expected to fall to 4.2% in 2025 and further to 3.6% in 2026. While this path broadly aligns with previous forecasts, the Fund warned of diverging inflation trends. Inflation in the United States is likely to remain above target, while it is projected to ease more sharply in other large IMF underscored that global growth remains vulnerable to geopolitical tensions, high fiscal deficits, and unresolved trade frictions. 'If deadlines for additional tariffs expire without progress, it could have serious negative effects for the economy,' the report cautioned. On the upside, it noted, 'Global growth could be lifted if trade negotiations lead to a predictable framework and to a decline in tariffs.'The IMF called for policies that would 'bring confidence, predictability, and sustainability by calming tensions, preserving price and financial stability.'The US economy is forecast to grow by 1.9% in 2025 and 2.0% in 2026, representing upward revisions of 0.1 and 0.3 percentage points, respectively, from the April 2025 the Eurozone area, growth is projected at 1.0% in 2025 and 1.2% in 2026. The 2025 estimate is 0.2 percentage points higher than in April, while the 2026 projection remains economy is expected to expand by 4.8% in 2025 and 4.2% in 2026, up by 0.8 and 0.2 percentage points, respectively, compared to the previous remains one of the strongest performers globally, with projected growth of 6.4% for both 2025 and 2026. These figures are 0.2 and 0.1 percentage points higher than the April the Middle East and Central Asia region, GDP is forecast to grow by 3.4% in 2025 and 3.5% in 2026. The 2025 figure is 0.4 percentage points higher than in April, while the 2026 outlook is unchanged. Saudi Arabia is projected to grow by 3.6% in 2025 and 3.9% in 2026, which is 0.6 and 0.2 percentage points above the April forecast, respectively.


Zawya
a day ago
- Zawya
IMF lifts 2025 GDP emerging economies' outlook on improved China view
NEW YORK - The International Monetary Fund raised its outlook for economic growth across emerging market and developing economies this year to 4.1% from 3.7%, driven by frontloading and a more upbeat view on China. In an update published on Tuesday to its flagship World Economic Outlook report, the Fund also nudged its 2026 economic growth forecast for emerging economies up to 4.0% from 3.9%. China received the largest upgrade with the Fund predicting the world's number two economy would expand 4.8% this year compared with a previous forecast for 4.0%. "This revision reflects stronger-than-expected activity in the first half of 2025 and the significant reduction in U.S.–China tariffs," the fund said, adding latest forecasts assumed U.S. tariffs on China at 17.3% rather than the 24.4% which formed the basis of its calculations in April. The Fund also noted that for all countries "pauses on higher tariffs are assumed to remain in place past their expiration dates and higher rates are assumed not to take effect". China's economy posted 5.2% growth in the second quarter but cracks are showing in the export-led economy at the center of the trade war. Beijing is facing an August 12 deadline to reach a durable tariff agreement with Washington, after reaching preliminary deals in May and June. Many countries will see higher duties starting later this week. Negotiations continue Tuesday in Stockholm. Risks for the outlook are tilted downward, the IMF said, given the "precarious equilibrium of trade policy stances assumed in the baseline." The upgrade for emerging markets reflects a more optimistic outlook globally by the Fund, which nudged global GDP growth forecast up to 3.0% for 2025 and to 3.1% in 2026. However, those levels still mark a downgrade on the Fund's projections made in January. While most individual economies received upgrades, Russia and South Korea were the exception. Russia's economy is now seen expanding 0.9% this year, from a previous view of 1.5% growth. South Korea's new 0.8% GDP growth forecast for 2025 compares with 1.0% previously. (Reporting by Rodrigo Campos in New York; Editing by Andrew Heavens)