NEWS
Dubai Customs To Host High-Level Panel Discussions During The 5th WCO Global AEO Conference (26 January 2020)
Dubai Customs will host a series of high-level panel discussions during the 5th World Customs Organization (WCO) Global AEO (Authorized Economic Operator) Conference in Dubai.




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.




DEWA Wins 3 Trophies At Asian Power Awards (22 January 2020)
The Dubai Energy and Water Authority, DEWA, won three trophies at the 15th Asian Power Awards in three categories, at a ceremony held in Kuala Lumpur, Malaysia, underscoring the DEWA’s excellence and leadership in the global energy sector.




SHUAA Leads Issuance Of GFH Financial Group $300 Million Sukuk (22 January 2020)
SHUAA Capital today announced that along with other parties, it had successfully priced and issued GFH Financial Group’s five-year sukuk at $300 million.




Dubai To Host Largest Meet Of Audit Professionals From Around The World In April (22 January 2020)
Dubai is hosting the largest conference of internal audit professionals in the region with an expected attendance of more than 1,500 delegates from around the world.




DIFC Unveils New Employee Workplace Savings Plan (21 January 2020)
The Dubai International Financial Centre, DIFC, the leading international financial hub in the Middle East, Africa and South Asia, MEASA.




Emaar Partners With Global Technology Leader Xiaomi For ’Emaar Smart Home’ (21 January 2020)
Emaar Properties signed a Memorandum of Understanding with Chinese global technology leader Xiaomi, which also boasts the world’s largest Internet of Things consumer platform.




DMCC Partners With Dubai Companies To Boost Sustainability (20 January 2020)
DMCC - the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise - has announced an up to 30 percent discount rate on licence fees for companies with membership of the UN Global Compact.




Startupbootcamp FinTech Dubai Selects 10 Disruptive Startups For Its 2020 Cohort (20 January 2020)
Startupbootcamp FinTech Dubai just announced the ten startups selected for their second cohort. The accelerator program launched its first cohort in 2018 and it is backed by UAE’s FinTech leaders, Dubai International Financial Centre (DIFC), HSBC, Visa and Mashreq Bank.




DAE Signs New US$300 Million 4-Year Unsecured Term Loan (20 January 2020)
Dubai Aerospace Enterprise (DAE) Ltd. announced today that it has signed a US$300 million 4-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited.




3,771 New Muslims In Mohammed Bin Rashid Center For Islamic Culture In 2019 (20 January 2020)
As part of its commitment to promote tolerant values of Islam in Dubai, Mohammed bin Rashid Center for Islamic Culture of the Islamic Affairs and Charitable Activities Department in Dubai (IACAD) announced the proclamation of 3,771 new Muslims in 2019.




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