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DUBAI NEWS

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Starts Installing Smart Gates At Metro Stations Of Route 2020
Rail Agency of Dubai’s Roads and Transport Authority (RTA) has recently started the installation of Smart Fare Gates at Metro Stations of Route 2020 Project.

Construction Cost Index Of Dubai Surges 0.16 Percent In Q4-2018
Construction costs rose during Q4 of 2018 by 0.16 percent, compared to the Q3 of 2018, with construction costs rising by 0.14 percent for residential buildings and by 0.23 percent for non-residential buildings, figures from the Dubai Statistics Centre (DSC) have revealed.

RTA Renews Dubai Metro Operation & Maintenance Contract With Serco Until 2021 At A Value Of 680 Million Dirhams
Roads and Transport Authority (RTA) has signed a contract extending the operation and maintenance of the Dubai Metro with the British Serco Group until September 2021.

Dubai Islamic Economy Development Centre Reviews Progress Of 2018 Initiatives, Approves Action Plan For 2019
The Dubai Islamic Economy Development Centre (DIEDC) held its first board meeting of 2019 that reviewed the progress of strategic initiatives made in 2018 and also examined the Centre’s action plan for 2019.

Mohammed Bin Rashid Visits Dubai Arena
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today visited Dubai Arena, the new multi-purpose arena developed by Meraas at City Walk.

MBR Solar Park Reaches News Infrastructure Completion Phase
The concrete base of the tower that is part of the Mohammed bin Rashid Al Maktoum, MBR, Solar Park, the largest single-site concentrated solar power, CSP, project in the world, has been completed.

DGCX Records Over 20% YOY Growth, Launches Two New Products
Average daily volumes throughout the same month also increased, registering 87,995 contracts.

Emirates NBD Adjudged Asian Trailblazer Of The Year By Retail Banker International
Emirates NBD, a leading bank in the region, has won industry recognition for its retail banking leadership at the Retail Banker International (RBI) Asia Trailblazer Awards.

An Art Exchange - Opera Gallery Dubai Joins Forces With Nasdaq Dubai For Its Artist Showcase Project
When two notably different entities such as Opera Gallery Dubai and Nasdaq Dubaicome together through an art showcase collaboration, we soon find that art, like many cultural connectors build links to their respective communities locally and internationally.

DIFC Announced For Public Consultation Proposed New Leasing Law And Regulations
The new Leasing Law and Regulations has been posted for a 30 day public consultation period with the deadline for providing comments ending on the 1st of May 2019.

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