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DUBAI NEWS

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Asteco Reports Further Decrease In Rental Rates, Sales Prices Across Dubai
Asteco, a leading property services company in the UAE, has recorded a continued decline in villa and apartment rental rates and sales prices in its Dubai Real Estate Report Q2 2018. The quarterly report also highlights the current and anticipated handovers of key projects across the emirate.

Dubai Wins Bid For The World’s Biggest B2B Event For Destination Weddings Industry
Dubai has been announced as the winner of the bid to host the 2019 edition of the biggest annual international gathering of destination wedding industry, the Destination Wedding Planners (DWP) Congress, which is set to take place at the iconic Atlantis, The Palm hotel.

Dubai Records 119% Growth In Chinese Visitors Since 2014
Ahead of President Xi Jinping of China’s arrival in the UAE later this week, Dubai Tourism reports continued growth in visitors from China.

Dragon Mart Celebrates UAE-China Week With Exciting Line-Up Of Traditional Chinese Cultural Activities
Dragon Mart - the world’s largest Chinese retail and trading hub outside China, and the central hub of Chinese activity in Dubai - will proudly celebrate UAE-China Week with a range of traditional festivities and celebrations this weekend.

Unique Home-Grown Concepts Selected To Join The Highly Anticipated Gate Avenue At DIFC
Dubai International Financial Centre (DIFC), the leading international financial hub and destination for lifestyle, arts and culture, announced today the winners of its hugely successful competition to harness local talent.

Mashreq Posts A 5.2% Y-O-Y Growth In Net Profit In The First Half Of 2018
Mashreq’s CEO, H.E. AbdulAziz Al Ghurair, said: "Mashreq’s innovation-led transformation strategy implemented in the past year has resulted in a solid set of financial results for the first half of 2018.

Emirates Islamic Announces First Half 2018 Financial Results.
Hesham Abdulla Al Qassim, Chairman of Emirates Islamic, Vice Chairman and Managing Director of Emirates NBD commented: "We are pleased to announce impressive results for Emirates Islamic in the first half of 2018, as Islamic Banking continues to grow in popularity in the UAE.

Emirates NBD Announces First Half 2018 Results
Commenting on the Group’s performance, Hesham Abdulla Al Qassim, Vice Chairman and Managing Director, Emirates NBD said: "I am extremely proud that Emirates NBD has delivered another record net profit in the first half of 2018.

TRA Achieves ISO Certificates In Information Security Management, IT Service Management And Energy Management
The Telecommunications Regulatory Authority (TRA) has been awarded three certificates by The International Organization for Standardization "ISO", in the fields of Information Security Management, IT Service Management, and Energy Management.

Dubai Islamic Bank Group 1st Half 2018 Financial Results
Earnings growth driven by strong increase in income from core businesses.

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