News Archive
Blueground Tops $28 Million Funding And Continues Exponential Growth In Dubai (6 March 2019)
The close of the latest funding round ($12M in 2018 and $8M in 2019) marks an important milestone for the company, which has tripled its annual revenue on a yearly basis over the last three years and now tops $28 million in total funding.
Nasdaq Dubai Welcomes Listing Of US$750 Million Bond By Emirates Development Bank (6 March 2019)
Nasdaq Dubai welcomed the listing today of a US$750 million conventional bond by Emirates Development Bank, EDB. It is the first product to be listed on the exchange by the bank, which is wholly owned by the UAE government.
Dubai Hosts First Workshop Conducted By C40 Cities Climate Leadership Group (6 March 2019)
The Mass Network supports cities’ efforts in enhancing mass transit, improving mass transit coverage and experience to make it more accessible, integrated and attractive to use.
Arab Reading Challenge Final Round Will Select Top 10 Students (6 March 2019)
The final round of qualifications of the Arab Reading Challenge, ARC 2019, starts this month to select the top 10 students across participating countries.
Nakheel Announces 2018 Profit Of AED4.38 Billion (6 March 2019)
Meanwhile, the company’s total equity has more than doubled in the last seven years, standing at AED49 billion in December 2018, compared to AED24 billion at the end of 2011.
Emirates NBD Launches Initiative To Display And Sell Art By People Of Determination (6 March 2019)
Emirates NBD today announced the launch of the Emirates NBD Art Exhibit, a new initiative showcasing art by people of determination (people with disabilities).
RTA Receives International Excellence Certificates From Norwegian Ambassador (6 March 2019)
Dubai’s Roads and Transport Authority has been accredited with international certificates for its leading role across the Middle East in training employees on Software Asset Management (SAM).
Dubai Duty Free’s Dior Beauty Consultant Wins Big In Paris (6 March 2019)
Dubai Duty Free’s Dior Beauty Consultant, Engelbert Chua, has been awarded the top accolade at the Dior Golden BC (Beauty consultant) awards ceremony held in Paris during the "Dior Travel Retail Convention" in February.
Belgium To Serve Up Eco-Friendly Pavilion, With A Side Of Fries (5 March 2019)
The Belgium Pavilion at Expo 2020 Dubai will draw on renewable resources to feed its energy needs, smart technologies to feed its plants and the country’s world-class cuisine to feed its guests.
Dubai Taxi Honours Distinguished Drivers Through Traffic Safety Awards (5 March 2019)
The Dubai Taxi Corporation (DTC) at the Roads & Transport Authority (RTA) has honoured 53 excellent drivers, who experienced a minimal number of offences, through the Traffic Safety Awards.
Emirates NBD Egypt PMI (5 March 2019)
"Troublingly for future readings, new orders also looked fairly weak, falling at the fastest pace since June 2017. They would likely have been even weaker if not for price discounting undertaken by firms, which slashed output prices for the second month running.
Emirates NBD Saudi Arabia PMI (5 March 2019)
"Saudi Arabia’s headline Purchasing Managers’ Index (PMI) rose modestly to 56.6 in February from 56.2 in January, the highest reading since December 2017.
Emirates NBD UAE PMI (5 March 2019)
"The Emirates NBD Purchasing Managers’ Index (PMI) for the UAE fell to 53.4 in February from 56.3 in January, and was the lowest reading since October 2016.
Dubai Islamic Bank And DEWA Sign Agreement To Provide Preferential Profit Rates On DEWA Store For Financing Electric Vehicles (5 March 2019)
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has entered into a partnership with Dubai Electricity and Water Authority (DEWA) to offer exclusive auto finance deals for electric vehicles within the DEWA Store on DEWA’s smart app.
Dubai Regional Topper In Ease Of Building Permits (5 March 2019)
Dubai Municipality announced that 29,000 building permits were approved by the municipality in 2018, while 6,043 buildings were completed last year.
Dubai Property Market Shows Signs Of Positive Growth In 2019 (5 March 2019)
The start of 2019 has seen positive growth in a selection of key Dubai developments, the head of the most advanced property portal in the market has revealed.
DED Closed Down 13,948 Social Media Accounts For Selling Counterfeit Goods In 2018 (5 March 2019)
An overwhelming majority of the accounts closed down were on Instagram - 13,529 accounts, followed by 419 on Facebook. Round-the-clock surveillance and continued co-operation with trademark owners as well as law firms also helped DED unearth 45 websites that were selling counterfeit goods.
Dubai Municipality Organises Happiness Flag Challenge (5 March 2019)
The initiative is in line with the vision of Dubai Municipality to build a happy and sustainable city, and in line with the strategy of providing smart services and solutions to achieve customer satisfaction.
Dubai International Financial Centre Reaches New Heights As It Enters 15th Year Of Operations (5 March 2019)
Dubai International Financial Centre (DIFC) has cemented its position as the leading financial hub in the Middle East, Africa, and South Asia region (MEASA) with a record-breaking 12 months that saw the Centre reach new heights as it enters its 15th year of operations.
Dubai Municipality Approves 29,000 Building Permits, 6,000 Buildings Completed In 2018 (5 March 2019)
Dawoud Al Hajri, Director General of Dubai Municipality said that the total area of construction completed in 2018 was 100 million square feet, which is a 6 percent increase in Dubai’s urban construction sector compared to that of 2017 and most of which were multi-storey buildings.
The close of the latest funding round ($12M in 2018 and $8M in 2019) marks an important milestone for the company, which has tripled its annual revenue on a yearly basis over the last three years and now tops $28 million in total funding.
Nasdaq Dubai Welcomes Listing Of US$750 Million Bond By Emirates Development Bank (6 March 2019)
Nasdaq Dubai welcomed the listing today of a US$750 million conventional bond by Emirates Development Bank, EDB. It is the first product to be listed on the exchange by the bank, which is wholly owned by the UAE government.
Dubai Hosts First Workshop Conducted By C40 Cities Climate Leadership Group (6 March 2019)
The Mass Network supports cities’ efforts in enhancing mass transit, improving mass transit coverage and experience to make it more accessible, integrated and attractive to use.
Arab Reading Challenge Final Round Will Select Top 10 Students (6 March 2019)
The final round of qualifications of the Arab Reading Challenge, ARC 2019, starts this month to select the top 10 students across participating countries.
Nakheel Announces 2018 Profit Of AED4.38 Billion (6 March 2019)
Meanwhile, the company’s total equity has more than doubled in the last seven years, standing at AED49 billion in December 2018, compared to AED24 billion at the end of 2011.
Emirates NBD Launches Initiative To Display And Sell Art By People Of Determination (6 March 2019)
Emirates NBD today announced the launch of the Emirates NBD Art Exhibit, a new initiative showcasing art by people of determination (people with disabilities).
RTA Receives International Excellence Certificates From Norwegian Ambassador (6 March 2019)
Dubai’s Roads and Transport Authority has been accredited with international certificates for its leading role across the Middle East in training employees on Software Asset Management (SAM).
Dubai Duty Free’s Dior Beauty Consultant Wins Big In Paris (6 March 2019)
Dubai Duty Free’s Dior Beauty Consultant, Engelbert Chua, has been awarded the top accolade at the Dior Golden BC (Beauty consultant) awards ceremony held in Paris during the "Dior Travel Retail Convention" in February.
Belgium To Serve Up Eco-Friendly Pavilion, With A Side Of Fries (5 March 2019)
The Belgium Pavilion at Expo 2020 Dubai will draw on renewable resources to feed its energy needs, smart technologies to feed its plants and the country’s world-class cuisine to feed its guests.
Dubai Taxi Honours Distinguished Drivers Through Traffic Safety Awards (5 March 2019)
The Dubai Taxi Corporation (DTC) at the Roads & Transport Authority (RTA) has honoured 53 excellent drivers, who experienced a minimal number of offences, through the Traffic Safety Awards.
Emirates NBD Egypt PMI (5 March 2019)
"Troublingly for future readings, new orders also looked fairly weak, falling at the fastest pace since June 2017. They would likely have been even weaker if not for price discounting undertaken by firms, which slashed output prices for the second month running.
Emirates NBD Saudi Arabia PMI (5 March 2019)
"Saudi Arabia’s headline Purchasing Managers’ Index (PMI) rose modestly to 56.6 in February from 56.2 in January, the highest reading since December 2017.
Emirates NBD UAE PMI (5 March 2019)
"The Emirates NBD Purchasing Managers’ Index (PMI) for the UAE fell to 53.4 in February from 56.3 in January, and was the lowest reading since October 2016.
Dubai Islamic Bank And DEWA Sign Agreement To Provide Preferential Profit Rates On DEWA Store For Financing Electric Vehicles (5 March 2019)
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has entered into a partnership with Dubai Electricity and Water Authority (DEWA) to offer exclusive auto finance deals for electric vehicles within the DEWA Store on DEWA’s smart app.
Dubai Regional Topper In Ease Of Building Permits (5 March 2019)
Dubai Municipality announced that 29,000 building permits were approved by the municipality in 2018, while 6,043 buildings were completed last year.
Dubai Property Market Shows Signs Of Positive Growth In 2019 (5 March 2019)
The start of 2019 has seen positive growth in a selection of key Dubai developments, the head of the most advanced property portal in the market has revealed.
DED Closed Down 13,948 Social Media Accounts For Selling Counterfeit Goods In 2018 (5 March 2019)
An overwhelming majority of the accounts closed down were on Instagram - 13,529 accounts, followed by 419 on Facebook. Round-the-clock surveillance and continued co-operation with trademark owners as well as law firms also helped DED unearth 45 websites that were selling counterfeit goods.
Dubai Municipality Organises Happiness Flag Challenge (5 March 2019)
The initiative is in line with the vision of Dubai Municipality to build a happy and sustainable city, and in line with the strategy of providing smart services and solutions to achieve customer satisfaction.
Dubai International Financial Centre Reaches New Heights As It Enters 15th Year Of Operations (5 March 2019)
Dubai International Financial Centre (DIFC) has cemented its position as the leading financial hub in the Middle East, Africa, and South Asia region (MEASA) with a record-breaking 12 months that saw the Centre reach new heights as it enters its 15th year of operations.
Dubai Municipality Approves 29,000 Building Permits, 6,000 Buildings Completed In 2018 (5 March 2019)
Dawoud Al Hajri, Director General of Dubai Municipality said that the total area of construction completed in 2018 was 100 million square feet, which is a 6 percent increase in Dubai’s urban construction sector compared to that of 2017 and most of which were multi-storey buildings.
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