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DUBAI NEWS

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CBI Reports AED41 Million Net Profit In H1 2019
Commercial Bank International, CBI, today announced its financial results for the first half of 2019. The bank’s net profit reached AED41 million compared to AED81 million in H1 2018.

DIFC Reaffirms Status As Pivotal InsurTech Hub
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has reaffirmed its status as a global FinTech Hub and the ideal base for InsurTech companies to thrive and transform the insurance sector.

Three60 Communities Dubai Wins Community Management Contract For KOA Canvas
Three60 Communities Dubai (Three 60 Dubai), a subsidiary of Eltizam Asset Management Group and leading regional provider of management services to premium communities.

Two Groups Of Colleagues Win US$1 Million Each At Dubai Duty Free Draw.Four Other Winners Won Luxury Vehicles.
Two groups of colleagues along with four luxury vehicle winners were announced at the Dubai Duty Free Millennium Millionaire and Finest Surprise draw held today, 6th August in Concourse A, Dubai International Airport.

Renewing Agreements With Three Driving Entities To Improve Drivers’ Training
Dubai’s Roads and Transport Authority (RTA) has recently renewed agreements signing with one driving institute and two other driving centres to improve the quality of driving learning experience to bring it in line with the highest standards of the industry.

MoHAP’s Recommended Vaccinations For Travelers
In conjunction with the holiday & travel season, the Ministry of Health and Prevention (MOHAP) continues its campaigns to raise travelers’ awareness about the importance of visiting the health clinics to evaluate their medical conditions and take the necessary vaccines.

Etihad Credit Insurance Launches ’SME Protect’, An Export Trade Credit Solution To Enhance Global Competitiveness Of UAE-Based SMEs
Etihad Credit Insurance (ECI), the UAE Federal export credit company, has announced the launch of ’SME Protect’, an export trade credit solution, specifically designed for UAE-based SMEs to support their growth plans globally and assist them in entering high-growth markets.

TRA And Huawei Launch The 3rd Edition Of "Seeds For The Future"
Under the patronage of H.E. Dr. Ahmad Belhoul Al Falasi, Minister of State for Higher Education and Advanced Skills, The Telecommunications Regulatory Authority (TRA), represented by the ICT Fund.

Trials Of Dubai Self-Driving Challenge In Australia, Taiwan
A delegation from Roads and Transport Authority (RTA) has recently visited several universities and start-ups in Taipei (Taiwan) and Sydney (Australia) participating in Dubai World Challenge for Self-Driving Transport.

Abu Dhabi Financial Group, SHUAA Capital Merger Completed
Following final regulatory approvals on the transaction with Abu Dhabi Financial Group, ADFG, SHUAA Capital has announced the completion of the merger with ADFG and the raising of its Authorised Capital from AED1,065,000,000 to AED2,535,720,000.

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