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DUBAI NEWS

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Nakheel Announces 2018 Profit Of AED4.38 Billion
Meanwhile, the company’s total equity has more than doubled in the last seven years, standing at AED49 billion in December 2018, compared to AED24 billion at the end of 2011.

Emirates NBD Launches Initiative To Display And Sell Art By People Of Determination
Emirates NBD today announced the launch of the Emirates NBD Art Exhibit, a new initiative showcasing art by people of determination (people with disabilities).

RTA Receives International Excellence Certificates From Norwegian Ambassador
Dubai’s Roads and Transport Authority has been accredited with international certificates for its leading role across the Middle East in training employees on Software Asset Management (SAM).

Dubai Duty Free’s Dior Beauty Consultant Wins Big In Paris
Dubai Duty Free’s Dior Beauty Consultant, Engelbert Chua, has been awarded the top accolade at the Dior Golden BC (Beauty consultant) awards ceremony held in Paris during the "Dior Travel Retail Convention" in February.

Belgium To Serve Up Eco-Friendly Pavilion, With A Side Of Fries
The Belgium Pavilion at Expo 2020 Dubai will draw on renewable resources to feed its energy needs, smart technologies to feed its plants and the country’s world-class cuisine to feed its guests.

Dubai Taxi Honours Distinguished Drivers Through Traffic Safety Awards
The Dubai Taxi Corporation (DTC) at the Roads & Transport Authority (RTA) has honoured 53 excellent drivers, who experienced a minimal number of offences, through the Traffic Safety Awards.

Emirates NBD Egypt PMI
"Troublingly for future readings, new orders also looked fairly weak, falling at the fastest pace since June 2017. They would likely have been even weaker if not for price discounting undertaken by firms, which slashed output prices for the second month running.

Emirates NBD Saudi Arabia PMI
"Saudi Arabia’s headline Purchasing Managers’ Index (PMI) rose modestly to 56.6 in February from 56.2 in January, the highest reading since December 2017.

Emirates NBD UAE PMI
"The Emirates NBD Purchasing Managers’ Index (PMI) for the UAE fell to 53.4 in February from 56.3 in January, and was the lowest reading since October 2016.

Dubai Islamic Bank And DEWA Sign Agreement To Provide Preferential Profit Rates On DEWA Store For Financing Electric Vehicles
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has entered into a partnership with Dubai Electricity and Water Authority (DEWA) to offer exclusive auto finance deals for electric vehicles within the DEWA Store on DEWA’s smart app.

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