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.
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.
Mashreq Bank Launches Corporate And Investment Banking Talent Development Program (5 March 2019)
Mashreq Bank, a leading financial institution in the UAE, has launched a strategic initiative for talent development, Mashreq ACE.
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.
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.
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 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.
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.
Smart Dubai And Business Sweden Host Smart Talks Series (5 March 2019)
As part of the ’Smart Cities Global Network’ initiative, Smart Dubai held its first in a series of networking events titled ’Smart Talks’, organised in collaboration with the Swedish Trade and Invest Council of Business Sweden, at its headquarters on Tuesday, March 5, 2019.
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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