News Archive
DMCC signs MOU with Government of West Bengal to boost UAE-India trade through Dubai (10 February 2019)
DMCC has signed a Memorandum of Understanding with West Bengal Industrial Development Corporation Ltd, Government of West Bengal.

Swyp Sponsors Beach Canteen At Dubai Food Festival 2019 (10 February 2019)
Millennial mobile digital platform swyp today announced its sponsorship of the Beach Canteen at Sunset Beach during this year’s Dubai Food Festival.

ICONS Coffee Couture now open at Dubai’s new iconic waterfront destination, The Pointe (10 February 2019)
Icons Coffee Couture, a fashionable lifestyle coffee chain with German heritage, inaugurates its 11th UAE outlet at Dubai’s new iconic destination The Pointe, Palm Jumeirah.

Sharjah Witnesses The Launch Of The Second Stage Of UAE Hackathon 2019 (10 February 2019)
Sharjah Hackathon follows the success of Abu Dhabi Hackathon, which received tens of competing teams that worked over 3 days to study and analyze data provided by concerned entities.

Upgrades To Ras Al Khor Street And Entrances To International City Construction Hits 83% Completion (9 February 2019)
The improvement of Al Manama Street-Sheikh Mohammed bin Zayed Road includes widening the flyover above Sheikh Mohammed bin Zayed Road from three to four lanes in each direction to increase its capacity from 4500 to 6000 vehicles per hour.

Dubai Investments acquires stake in Globalpharma for 100% ownership (8 February 2019)
In 2014, Dubai Investments divested a 66% stake and had continued to hold a minority 34% equity in the subsidiary.

Al Tayer Honours Second Batch Of ’Tamkeen With RTA’ Graduates (8 February 2019)
HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA) honoured the second batch of ’Tamkeen with RTA’ graduates comprising 25 Emirati university graduates (23 females and 2 males).

Dubai Cares celebrates 10th Anniversary of ’Walk for Education’ (7 February 2019)
Dubai Cares, part of Mohammed bin Rashid Al Maktoum Global Initiatives, has announced a spectacular line-up to mark the 10th anniversary of its annual Walk for Education.

MENA Centre For Transport Excellence Holds Diverse Events In 2018 (7 February 2019)
The MENA Centre for Transport Excellence held a variety of events and activities in 2018 including training sessions and workshops covering diverse public transport issues in the region and beyond.

Xtraordinary Weekend: XYoga Dubai, Presented By Dubai Holding, Welcomes Over 17,600 Yogis (6 February 2019)
Yogis were out in force this weekend for the third edition of the XYoga Dubai festival, presented by Dubai Holding. Over 17,600 yogis took to Kite Beach for a weekend of inspiration, invigoration, community and calm, taking in over 63 complimentary and inclusive yoga classes, meditations, talks.

Dubai Islamic Bank Rings Market-Opening Bell To Celebrate Listing USD 750 Million Sukuk On Nasdaq Dubai (6 February 2019)
Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, rang the market-opening bell today to celebrate the listing of a 750 million US dollar Sukuk on Nasdaq Dubai.

TRA Launches Interactive Youth Lab (6 February 2019)
The Telecommunications Regulatory Authority (TRA), represented by the Youth Council, has launched the Interactive Youth Lab.

New Bus Route Between Dubai Mall Metro Station And Dubai Sky Courts (6 February 2019)
Roads and Transport Authority (RTA) introduces on Thursday (Feb 7th,2019) a new bus route (Route 30) to serve passengers commuting between Dubai Mall Metro Station and Dubai Sky Courts district.

DEWA tops Happiness Index for second consecutive year (6 February 2019)
Dubai Electricity and Water Authority (DEWA) has maintained its top position in the Happiness Index in the large Dubai government entities category, for the second consecutive year with a 95% happiness level.

Emirates Islamic Wins ’Human Resources Development’ Award From Emirates Institute For Banking And Financial Studies (6 February 2019)
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, and the preferred bank for UAE nationals, has been named the recipient of the ’Human Resources Development’ award in the banking and financial sector by Emirates Institute for Banking and Financial Studies (EIBFS).

Etisalat Renames Smiles Lifestyle To Unlimited Buy 1 Get 1 On ’Smiles’ App (6 February 2019)
Etisalat today announced that it has renamed Smile Lifestyle to Unlimited Buy 1 Get 1 on the ’Smiles’ app, offering a wider range of amazing deals and rewards every day for AED20 a month.

Dubai Islamic Bank Participates In The 21st National Career Exhibition (6 February 2019)
Dubai Islamic Bank (DIB), the UAE’s largest Islamic Bank, is participating as an exhibitor at the 21stedition of the National Career Exhibition.

Emirates NBD Private Banking Introduces The LaunchPad To Connect Start-Ups With Investors (6 February 2019)
The Private Banking arm of Emirates NBD, a leading bank in the region, recently introduced The LaunchPad, a homegrown concept that identifies the region’s brightest start-up ideas and connects them with world-class angel and early-stage investors.

Al Tayer Briefs Singaporean Delegation About Smart Mobility Projects (5 February 2019)
HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has received in his office a visiting delegation from Singapore, headed by HE Lim Sim Seng, Chairman of Singapore Land Authority.

Federal Tax Authority: Donations, Grants and Sponsorships Exempt from VAT Only When Donor, Grantor or Sponsor Has Not Received Benefits in Return (5 February 2019)
The Federal Tax Authority (FTA) has outlined the principles that must be applied to ascertain the taxability of donations, grants, and sponsorships, noting that if the donor, grantor, or sponsor has received any benefit in return for such payments


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