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11:19:58 AM , 22 Jul 2014


Mohammed Bin Rashid Establishment Carrying Out 38 Ramdan Humanitarian Projects In 35 Countries (22 July 2014)
The Mohammed bin Rashid Al Maktoum Charity and Humanitarian Establishment, on directives from Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

RTA Launches Smart Metro Information Kiosks Service In 23 Stations (21 July 2014)
The Roads and Transport Authority RTA has launched the smart metro information kiosk service by deploying 50 information systems in 23 metro stations on both the Red and Green Lines.

Bill Nuti Is The Primary Speaker In DIPMF (21 July 2014)
Roads and Transport Authority RTA announces that H.E. Bill Nuti, Chairman, Chief Executive Officer and President of NCR.

Sheffield Holdings Limited Announces Over 80% Of Construction For Marina 101 Project Completed (21 July 2014)
Sheffield Holdings Limited, a leading developer in the UAE, has announced that over eighty percent of their Marina 101 project has been completed.

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Global Innovation Index 2014

The UAE ranked first among the countries of the Middle East in terms of overall performance in the 2014 Global Innovation Index, published by Cornell University and the European Institute for Business Administration INSEAD and the World Intellectual Property Organization. du hosted the Middle East and North Africa launch conference of the 2014 Global Innovation Index in the United Arab Emirates, in the presence of His Excellency Mohammed Al Gergawi, Minister of State for Cabinet Affairs, who delivered the opening speech of the conference.


Dubai real estate market delivers positive performance in Q2 2014

The Dubai real estate market maintained its positive performance in Q2 2014, according to Dubai Real Estate Overview issued by JLL, the world's leading real estate investment and advisory firm.The second quarter (Q2 2014) report provides the consultancy's perspective on the latest trends in the office, residential, retail and hotel sectors in the Dubai market.


MENA IPO proceeds jump 129% in Q2 2014 and up 14% in H1 2014

The MENA IPO market continued its recovery to end the first half of the year strongly, according to EY’s MENA IPO Update: Q2 2014. There were a total of 16 deals raising US$2.4b in the first six months of the year, an increase of 14% for both volume and proceeds on the same period in 2013 and the highest amount of capital raised in the first half since 2008. In Q2 2014, there were 11 IPOs raising US$1.1b, a 129% increase on the previous quarter and a rise of 22% compared to Q2 2013 by deal numbers.


New interim lending facility agreed for banks

The U.A.E. Banks Federation has said that the Interim Margin Lending Facility, which was recently announced by the U.A.E. Central Bank to assist banks facing short term liquidity shortfalls in the future, is the result of regular consultations between the Central Bank and the U.A.E. Banks Federation, specifically in the context of introducing new ways to further strengthen and consolidate the banking sector as a whole. The facility will provide funding on an overnight basis for banks which are able to provide eligible securities and instruments as collateral.


DEWA launches ’This Ramadan, let your good deeds outweigh your consumption’ campaign

Dubai Electricity and Water Authority has launched, for the second year, its annual campaign during the holy month of Ramadan under the theme, 'This Ramadan, let your good deeds outweigh your consumption.' The awareness campaign is aimed at promoting rational consumption of electricity in line with DEWA 's strategy to raise awareness among individuals and organisations in Dubai on rational consumption of power and water, conserving natural resources and protecting the environment.


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