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News Archive
US$185 Million Syndicated 2-Year Term Financing Facilities For UAB (5 August 2018)
United Arab Bank, UAB, has announced the successful conclusion of its US$185 million syndicated term financing facilities signed on 30th July, 2018.

800 Outstanding Students To Be Honored By Union Coop (5 August 2018)
Popular retail brand in the UAE, ’Union Coop’ will be honouring 800 academically outstanding students, from the shareholders’ children as a part of its shareholder happiness initiatives.

Dubai Chamber Strengthens Global Presence With Opening Of India Office (5 August 2018)
The Dubai Chamber of Commerce and Industry has announced the opening of its new representative office in India, which will be tasked with identifying new business opportunities, attracting Indian companies to Dubai and expanding bilateral trade and investment.

AMAF Donates AED850,000 To Dubai Health Sector (5 August 2018)
With this donation, the Ministry of Health and Prevention will purchase advanced medical equipment to serve a wide range of patient needs, especially in diagnosis and radiography, whereas Dubai Health Authority will allocate the amount for its Cancer Patient Fund.

Dubai Holding Delivers New Children’s Schools In Nepal And Senegal (5 August 2018)
Dubai Holding, a Dubai-based global company committed to the emirate’s socio-economic growth, on Saturday announced the completion of two new schools, one in Nepal and one in Senegal, which are currently in operation and have enrolled over 550 local children.

Dubai’s First Ever Sleep Challenge Seeks The City’s Best Snoozer (5 August 2018)
On 16th September 2018, the first ever INDEX Dubai Sleep challenge, sponsored by DeRUCCI, will pit Dubai’s best nappers against one another to see who can enjoy the longest, most peaceful snooze right in the middle of the exhibition floor.

Dubai Properties Appoints ART Marine To Manage Culture Village Marina (4 August 2018)
Dubai Properties has appointed ART Marine, the region’s largest and best-known 360-degree leisure marine enterprise, as the exclusive operator of its marina at Culture Village. The 60-berth marina, located between Garhoud Bridge and Business Bay Bridge.

WETEX And Dubai Solar Show 2018 Review Latest Sustainability And Clean Energy Solutions From 23-25 October (4 August 2018)
The 20th Water, Energy Technology and Environment Exhibition (WETEX 2018), is organised by Dubai Electricity and Water Authority (DEWA), under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum.

Dubai Land Department seizes properties, land plots and escrow account registered under Schon Properties (3 August 2018)
The DLD calls on all investors to deposit their money in escrow accounts and transfer payments to developers as per the percentage of completion of the projects.

MEBAA Show 2018 Introduces New Features (2 August 2018)
When the MEBAA Show returns to DWC, Airshow Site from 10-12 December this year, the show will incorporate the MEBAA Conference on the show floor.

Home Health Providers Witness 20 Percent Increase In Demand For Services During Summer (2 August 2018)
Demand for home health services increased by over 20 percent this summer as compared to 2017, according Americare Home Health Services, managed by NMC ProVita International Medical Center.

Zulekha Hospital Tackles The Effects Of The Summer Heat With Introduction Of Latest Treatments To Combat Excessive Sweating (2 August 2018)
As the heat continues to rise in the UAE, Zulekha Hospital has introduced the latest treatments to combat excessive sweating (Osmidrosis) in the armpits which results in staining of clothing and causes bad odour, which is often brought by soaring temperatures and other scenarios.

DWC Cargo Volume Rises 7.1% In H1 (2 August 2018)
Cargo volumes at Dubai World Central, DWC, has grown to 475,190 tonnes in the first half of the year, a year on year increase of 7.1 percent compared to 443,835 tonnes recorded last year, according to the traffic report issued by operator Dubai Airports today.

Billionaire Mansion Introduces New Offerings (1 August 2018)
Billionaire Mansion, a one-stop destination for an extraordinary evening, reveals two outstanding offers that highlight the thrilling shows and an exceptional culinary experience. Located in the Taj Hotel, the restaurant serves two exquisite cuisines - Asian and Italian.

DME Sets New Open Interest Record Of 71.5 Million Barrels Of Crude Oil (1 August 2018)
Dubai Mercantile Exchange, DME, the premier international energy futures and commodities exchange in the Middle East, has reported a new exchange-wide open interest record of 71,586 lots on 31st July, 2018. This total is equivalent to almost 71.5 million barrels of crude oil.

Emirates Skywards Expands Loyalty Programme To Include Both Emirates Airline And Flydubai (1 August 2018)
Emirates Skywards today replaced flydubai’s frequent flyer programme, OPEN, officially becoming the loyalty programme of Emirates airline and flydubai.

DEWA And EmiratesGBC Emphasise The Importance Of Green Buildings At Solar Decathlon Middle East Seminar (31 July 2018)
Dubai Electricity and Water Authority (DEWA), in collaboration with the Emirates Green Building Council (EmiratesGBC), has organised the Solar Decathlon Middle East Seminar.

Nasdaq Dubai Announces Names Of 12 Saudi Companies On Which It Will Launch Equity Futures In September (31 July 2018)
Nasdaq Dubai today announced the names of 12 Saudi Arabian companies on which the exchange will launch equity futures in September 2018.

Dubai Technology Entrepreneur Centre To Host AngelHack Dubai Hackathon 2018 (31 July 2018)
Dubai Technology Entrepreneur Centre (Dtec), DSOA’s wholly owned technology startup center that is the largest of its kind in the Middle East, today announced that it will host the Dubai edition of AngelHack’s Global Hackathon Series 2018.

RTA Provides Complimentary Directional Signs For Wedding Events Of Emiratis Starting September (31 July 2018)
Al Tayer commended RTA’s team and clients who supported the suggestion, which will maintain the urban outlook of Dubai and rid the city of the rampant carton signs placed on Dubai roads for guiding to sites of condolence events.


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