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nol card now valid to pay for purchases at Lulu Outlets (27 November 2018)
nol cardholders can use their cards in payment for light and quick purchases at these outlets.

20 Innovative tech solution pilots emerge from second FinTech Hive accelerator programme (27 November 2018)
23 start-ups from across 14 countries present concepts and solutions to over 350 investors.

DAE Increases Bond Repurchase Program By US$300 Million (27 November 2018)
Dubai Aerospace Enterprise (DAE) Ltd. announced today that its Board of Directors and Shareholders had authorized an additional US$300 million for bond repurchases to be conducted through open market transactions.

H.H. Hamdan Bin Rashid Issues Decision To Implement ’Marking Tobacco And Tobacco Products Scheme’ From January (27 November 2018)
The Decision states that the Person storing Marks shall be required to provide such information and data as requested by the Authority in order to confirm that he has stored Marks in accordance with the Decision.

Noor Bank Raises Record-Breaking Subscriptions For Arqaam Capital’s Fixed Maturity Fund (27 November 2018)
Noor Bank, a leading Shari’a-compliant bank in the UAE, today announced that its four-year Fixed Maturity Plan (FMP) managed by Arqaam Capital, has raised over US$125 million subscriptions within three weeks of its launch.

Daman Securities Joins Nasdaq Dubai As Member To Trade Equity Derivatives (27 November 2018)
Daman Securities, one of the UAE’s most prominent brokerages, has joined Nasdaq Dubai as a member to trade equity derivatives. The move enables clients of Daman Securities to make gains whether share prices rise or fall, by trading futures on the exchange.

Emaar Signs Definitive Documentation With ADNH To Divest Five Hospitality Assets In Dubai (27 November 2018)
The portfolio of five hotels consists of Address Dubai Mall, Address Boulevard, Address Dubai Marina, Vida Downtown and Manzil Downtown, together with about 1,000 hotel rooms.

Mohammed Bin Rashid Launches Jumeirah Project (27 November 2018)
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today launched the ’Jumeirah Project’, an initiative of Brand Dubai, the creative arm of the Government of Dubai Media Office (GDMO).

Over 70 Per Cent Of All Searches Are For Properties Under AED 100,000 Annually (26 November 2018)
Dubai’s property sector has witnessed several cycles of ups and downs in the past. But backed by the strong economic fundamentals of the city, the sector has demonstrated its resilience and continues to offer value for investors.

Lowered Service Fees Of Co-Owned Properties Increase Attractiveness Of Dubai’s Real Estate (26 November 2018)
Dubai Land Department (DLD) confirmed that the lowered service fees for co-owned properties in Dubai’s freehold areas contributed to the attraction of real estate projects by encouraging buyers to invest in the short- and long-term, and those who want to buy residential units to live in.


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