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DUBAI NEWS


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Dubai World Fulfils Obligations To Creditors Totalling USD 18.9 Billion
Dubai World announced today the repayment of the final tranche of debt to its original creditors, completing the refinancing program that commenced in 2010.

Dubai Silicon Oasis, Dubai Municipality To Enhance Geospatial Infrastructure Of Dubai
Dubai Silicon Oasis Authority, DSOA, the regulatory body for Dubai Silicon Oasis, has announced the signing of a memorandum of understanding with the Geographic Information Systems, GIS, Centre of Dubai Municipality.

TRA Announces Shutdown Of 2G Network In UAE By End Of 2022
The Telecommunications Regulatory Authority (TRA) has announced that shutdown of 2G network (GSM) in the UAE will take place at the end of 2022, with directing resources allocated to 5G to support new generations of mobile networks.

Dubai Rental Disputes Center Adds New Payment Channels
To achieve these goals, RDC announced its complete compatibility with the Noqodi digital wallet to settlegovernment services fees by relying on the ’NetBanking’ and ’Pillar Network’ through Al Ansari Exchange.

DMCC Strengthens Dubai-China Trade Ties Through Diamonds
The agreement strengthens bilateral ties between the UAE and China, and creates new trading opportunities across the diamond industry.

DMCA Lifts Timing Restrictions On Maritime Activities
DMCA continues its efforts to implement all the necessary measures to regulate and facilitate maritime activities that would strengthen Dubai’s position as a leading global maritime hub.

Dubai Sports Council Bring In Personal Trainer Schillaci For Final Training Session Ahead Of Virtual Pocari Sweat 10K Run
With the PocariSweat 10K Run taking place this Friday, Dubai Sports Council have brought in renowned fitness trainer Marco Schillaci to give final-minute tips to participants.

Dubai Economy Starts Inspections In Livestock Market Ahead Of Eid Al Adha
The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economyhas started an inspection campaign in the livestock market in Al Qusais to protect consumers from exploitation and price manipulation in view of Eid AlAdha, when demand usually increases.

Nasdaq Dubai Welcomes Listing Of USD 1.5 Billion Sukuk By Islamic Development Bank To Support COVID-19 Interventions
Nasdaq Dubai welcomed the listing today of a 1.5 billion US dollar Sukuk issued by Islamic Development Bank, IsDB, to support COVID-19 relief initiatives.

Cabinet Approves National System For Sustainable Agriculture And Additional AED320 mn Budget For National Universities
In its meeting held remotely on Sunday, the Federal Cabinet approved a national system for sustainable agriculture and an additional AED320 million budget for national universities.

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