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DUBAI NEWS

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Privity FZ LLE Participates In Verofax Pre-Seed Investment Round
Verofax Limited, a start-up building innovative Traceability services with the application of blockchain, closed its recent pre-seed investment round with participation from Privity FZ LLE.

DFSA’s 2020 Summer Innovation Testing Licence Programme Accepts Largest Number Of Innovativefirms To Date
The Dubai Financial Services Authority (DFSA)is pleased to announce that it has accepted 16 firms into its 2020 Summer Innovation Testing Licence (ITL) Cohort.

DFM Reopens Its Trading Floor For Investors As Of Tuesday
The DFM Trading Floor and Customer Affairs counters were temporarily closed mid-March 2020. The DFM has maintained its trading activities as usual in spite of the temporary closure of the aforementioned premises.

Mohammed Bin Rashid Issues New Law On Dubai Real Estate Institute
In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (5) of 2020 pertaining to the Dubai Real Estate Institute, DREI.

Dreamscape, Magic Planet, Little Explorers and iFly Dubai will reopen in Dubai on Saturday, 4 July
The announcement follows further reopenings of Majid Al Futtaim’s entertainment experiences across the United Arab Emirates, Saudi Arabia, Egypt and Lebanon.

Dubai Police Warns Of Cybercriminals And Scammers
The Dubai Police General HQ has called upon members of the public to remain vigilant when using social media platforms and not to fall prey to online cybercriminals and scammers.

Raising Criteria For Accrediting Real Estate Experts In Cooperation Between MoJ And DREI
Hend Al Marri, CEO of DREI, commented: "The formation of this committee is the result of a cooperation between MoJ and DREI to accredit a group of real estate experts in accordance with the best global practices.

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.

Nasdaq Dubai Welcomes Listings Of Three Sukuk Valued at US$2.5 Billion By Indonesian Government
Nasdaq Dubai has welcomed the listing of three Sukuk issued by the government of Indonesia with a total value of US$2.5 billion.

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