Company News
Al Masaood Extends Its Renowned Tyre And Minor Car Repair Services To Dubai With Opening Of First AutoStop Center (25 January 2020)
The new service center provides a luxurious and comfortable experience alongside services and products of the highest professional standards at excellent value prices.

UAE Takes Over Presidency Of Global Migration Summit From Ecuador (25 January 2020)
A major global summit on migration will be coming to Dubai in January 2021, after the UAE formally took over the Presidency of the Global Forum on Migration and Development from Ecuador on Thursday.

UAE, WEF sign agreement to develop, support skills for a billion people globally (24 January 2020)
The UAE is one of the first countries to support the declared strategic goal, along with several other countries such as the United States, Denmark, and numerous major companies and international organisations.

Dubai Holding’s #MyCity_MyRace Drives National Pride with Record Emirati Participation at Dubai Marathon 2020 (24 January 2020)
Number of overall Emiratis increased by 30% from 2019 with record UAE National participants.

DMCC Announces Crypto Valley in Dubai at Davos 2020 (24 January 2020)
Signed on the sidelines of the World Economic Forum in Davos, the agreement sees DMCC work alongside both CV VC, and its subsidiary CV Labs, to develop an ecosystem in Jumeirah Lakes Towers, DMCC’s business district, where over 17,000 companies are currently registered.

Emirates NBD Boosts AED 1 Billion Digital Transformation With New Milestone In Core Banking System Upgrade (23 January 2020)
Emirates NBD, a leading banking group in the region, has completed the third phase of its international core banking system upgrade, as it forges ahead with its ongoing digital transformation efforts to boost innovation and efficiency across its domestic and international operations.

RTA Starts Regulating Road Transport, Car Rental Activities In Dubai (23 January 2020)
Dubai’s Roads and Transport Authority (RTA) has issued the Administrative Decision No. 706 of 2019 in implementation of the Executive Council’s Resolution No. 47 of 2017 for regulating road transport and car rental activities in Dubai.

Dubai Islamic Bank Completes Acquisition Of Noor Bank (23 January 2020)
Dubai Islamic Bank, DIB, today announced the completion of the acquisition of Noor Bank in a transaction structured through a share swap. As part of this agreement, DIB has issued 651,159,198 new shares to take its issued share capital to 7,240,744,377 shares.

Dubai To Host World’s Biggest Humanitarian Event In September 2020 (22 January 2020)
The news was announced as part of the UAE delegation’s participation in the 2020 World Economic Forum in Davos. The country was announced as one of ten nations to host Global Citizen’s international ’Global Goal Live’ event.

Etihad Credit Insurance To Support Global Exports Of Conares (22 January 2020)
Etihad Credit Insurance, ECI, the UAE Federal Credit Insurance Company, will be protecting the export volume of Conares by offering them international trade credit coverage solutions and allowing the steel manufacturer to open new markets.

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