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DUBAI NEWS

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DWC Cargo Volume Rises 7.1% In H1
Cargo volumes at Dubai World Central, DWC, has grown to 475,190 tonnes in the first half of the year, a year on year increase of 7.1 percent compared to 443,835 tonnes recorded last year, according to the traffic report issued by operator Dubai Airports today.

Dubai Taxi Celebrates First Graduates Of Promising Leaders Programme
Dubai Taxi has celebrated the graduation of the first batch of Promising Leaders Programme held in conjunction with a specialist knowledge group. About 12 officials from Dubai Taxi Corporation took part in the programme.

Billionaire Mansion Introduces New Offerings
Billionaire Mansion, a one-stop destination for an extraordinary evening, reveals two outstanding offers that highlight the thrilling shows and an exceptional culinary experience. Located in the Taj Hotel, the restaurant serves two exquisite cuisines - Asian and Italian.

Liv. To Offer Customers Instant Access To Credit Score
Liv., the lifestyle digital bank by Emirates NBD for millennials today announced that they are working with Al Etihad Credit Bureau (AECB) to provide customers easy and instant access to their AECB Credit Score, by simply clicking on the CreditCheck feature on their Liv. app.

DME Sets New Open Interest Record Of 71.5 Million Barrels Of Crude Oil
Dubai Mercantile Exchange, DME, the premier international energy futures and commodities exchange in the Middle East, has reported a new exchange-wide open interest record of 71,586 lots on 31st July, 2018. This total is equivalent to almost 71.5 million barrels of crude oil.

US$185 Million Syndicated 2- Year Term Financing Facilities For United Arab Bank
The 2-year bullet term financing facilities comprise a Conventional facility and a Commodity Murabaha financing facility, each carrying a margin of 1.50 % p.a. over Libor.

Emirates Skywards Expands Loyalty Programme To Include Both Emirates Airline And Flydubai
Emirates Skywards today replaced flydubai’s frequent flyer programme, OPEN, officially becoming the loyalty programme of Emirates airline and flydubai.

Emirates NBD Debunks Myths On Hiring People Of Determination
Emirates NBD, one of the leading banking groups in the region, convened a panel discussion to debunk myths among UAE companies on employing people of determination (people with disabilities).

DIFC Courts, Smart Dubai Launch Joint Taskforce For World’s First Court Of Blockchain
The Dubai International Financial Centre (DIFC) Courts have partnered with Smart Dubai to create the world’s first Court of the Blockchain. Building on existing dispute resolution services, the alliance will initially explore how to aid verification of court judgments for cross-border enforcement.

Providing Complimentary Directional Signs For Wedding Events Of Emiratis Starting September 2018
HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) in Dubai, announced that directional signs would be provided free of charge for wedding events of Emiratis starting from September 2018 year.

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