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DUBAI NEWS

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Over 140 International Professional Participate In ’Waterfalls’ Initiative
More than 140 of the most prominent doctors, experts and scientists in the health sector, as well as 67 scientific, medical and academic international institutions.

Expo Live Assists Pandemic-Hit Innovators
Grantees that have received ERF assistance include InvestEd, a Filipino fintech start-up that provides loans and financial training to low-income students.

Emirates to deploy one-off A380 service to Clark on 19 August
Emirates will be operating a one-off A380 service to Clark International Airport on 19 August 2020, marking the first commercial flight, utilizing an A380 aircraft, to operate to Clark.

UAE’s First Independent Biomedical Research Centre Launched In Dubai
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai.

Emaar Properties Reports H1 Revenues Of AED9 bn; AED2 Billion Net Profit
Emaar Properties has revealed H1 revenues of AED9 bn and over AED2 bn in net profit, according to a statement by the real estate Dubai-based giant today.

Union Properties PJSC Successfully Completes Debt Restructuring With Emirates NBD
Union Properties PJSC announced today that it has successfully reached an agreement with Emirates NBD for the full restructuring of its outstanding AED 946 million debt with the bank along with payment of the initial amount as per the new terms.

CBUAE Includes The UAE Dirham As The First Settlement Currency In "Buna" Platform
This project is overseen by a committee chaired by His Excellency the Governor of the Central Bank of the UAE and with the membership of their Excellencies the Governors of certain Arab central banks.

Dubai Retains Its Leading Position As One Of The World’s Top Five Shipping Centers For The 3rd Consecutive Year
Dubai has successfully retained its leading position as the first city in the region to rank among the world’s top five destinations for maritime industry in the International Shipping Centre Development (ISCD) Index for the third consecutive year.

DGCX Maintains Momentum Into Second Half Of The Year With Strong G6 Currencies Volumes And Successful Launch Of New FX Products
The Dubai Gold and Commodities Exchange (DGCX) has maintained its momentum into the second half of the year, as it continues to provide investors with a wide range of derivative products that allow them to manage their risk effectively.

Dubai Asset Management Teams Up With Urban To Digitise Leasing
As its appeal to landlords in the UAE continues to grow, Urban, a leading proptech platform which takes the entire rental journey online, announces that it has entered into an agreement with Dubai Asset Management to digitise leasing.

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