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DUBAI NEWS

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Sweden Signs Up To Promote Innovations And Knowledge-Driven Society At Expo 2020 Dubai
Sweden will promote its innovative spirit and knowledge-driven society to a global audience of millions at Expo 2020 Dubai, after confirming its participation at the next World Expo.

Department Of Health To Begin Preliminary Stage Of New Generic Medicine Mechanism In September
The Department of Health - Abu Dhabi, DoH, will begin the preliminary stage of implementing the generic medicine mechanism starting 1st September, 2018.

Deploying 368 Smart School Buses To Serve 17 Schools
RTA’s Dubai Taxi Corporation (DTC) is well prepared to run smarter and bigger school transport service for the new academic year 2018-2019.

DXB Passenger Traffic Hits 8.2 Million In July
Dubai International (DXB) recorded its second busiest month ever surpassing the 8 million passenger mark in July, according to the monthly traffic report issued by operator Dubai Airports today.

DFSA And Monetary Authority Of Singapore Sign Fintech Agreement
The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) today entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.

Standard Chartered To Pilot Industry’s First Blockchain-Based Smart Guarantees In Trade Finance
Standard Chartered announced today a collaboration with Siemens Financial Services, the financing arm of Siemens, and TradeIX, a digital trade provider, to carry out an industry-first client pilot to create an end-to-end blockchain-based smart guarantees proposition in trade finance.

DEWA Store On DEWA Smart App Provides Specials Offers For Customers
Dubai Electricity and Water Authority (DEWA) has launched DEWAStore on its smart app to provide exclusive offers and discounts to DEWA’s customers, in cooperation with a number of public and private sector companies.

DFSA, Singapore’s Monetary Authority Sign FinTech Agreement
The Dubai Financial Services Authority, DFSA, and the Monetary Authority of Singapore, MAS, on Wednesday entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.

Emirates NBD Launches DirectRemit To The UK
Emirates NBD’s remittance service is the fastest in the UAE and enables GBP transfers to Lloyds Bank accounts in less than 60 seconds and transfers to other UK based banks within an hour, via Emirates NBD Online Banking.

The Central Bank Warns Consumers Against Disclosure Of Their Credit Information
The Central Bank of the UAE (CBUAE) reminds consumers of their responsibility to protect their credit information and credit/debit cards from fraud and unauthorized use.

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