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DUBAI NEWS

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DIFC’s FinTech Hive Reveals ’Scale Up Programme’ For FinTech Startups
Through a series of collaborations with multiple partners, the programme provides start- ups with fast access to funding, access to partner resources, support services as well as connections to investor networks.

Emirates Islamic Contributes AED 5 Million To Erada Center For Treatment And Rehab
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has contributed AED 5 million to Erada Center for Treatment and Rehab, an organisation tasked with treating substance abuse and addiction.

Dubai To Host Largest Meet Of Audit Professionals From Around The World In April
Dubai is hosting the largest conference of internal audit professionals in the region with an expected attendance of more than 1,500 delegates from around the world.

DIB Completes The Acquisition Of Noor Bank
Having secured necessary approvals from the relevant regulatory authorities, Dubai Islamic Bank (DIB) has today announced the completion of the acquisition of Noor Bank in a transaction structured through a share swap.

SHUAA Leads Issuance Of GFH Financial Group $300 Million Sukuk
SHUAA Capital today announced that along with other parties, it had successfully priced and issued GFH Financial Group’s five-year sukuk at $300 million.

TRA Launches The National Cybersecurity Capacity Building Program
The Program also aims to develop the capabilities of youth in cybersecurity, whether professionals or those working in areas related to IT and Computing, or students and amateurs.

DEWA Wins 3 Trophies At Asian Power Awards
The Dubai Energy and Water Authority, DEWA, won three trophies at the 15th Asian Power Awards in three categories, at a ceremony held in Kuala Lumpur, Malaysia, underscoring the DEWA’s excellence and leadership in the global energy sector.

Etihad Credit Insurance To Support Global Exports Of Conares
Etihad Credit Insurance, ECI, the UAE Federal Credit Insurance Company, will be protecting the export volume of Conares by offering them international trade credit coverage solutions and allowing the steel manufacturer to open new markets.

Dubai To Host World’s Biggest Humanitarian Event In September 2020
The news was announced as part of the UAE delegation’s participation in the 2020 World Economic Forum in Davos. The country was announced as one of ten nations to host Global Citizen’s international ’Global Goal Live’ event.

Opening Traffic Diversion At Ibn Battuta Junction, Discovery Gardens
Dubai’s Roads and Transport Authority (RTA) will open on Friday 24th January 2020 a traffic diversion at the intersection of Ibn Battuta Street at Discovery Gardens in Dubai.

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