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DUBAI NEWS

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DAFZA Issues The First ’Dubai: The Global Gateway To Halal Industries’ In Spanish
Dubai Airport Freezone Authority (DAFZA) has announced the launch of the first-of-its-kind guide entitled ’Dubai: The Global Gateway to Halal Industries’ in Spanish.

Maktoum bin Mohammed Opens MENA Transport Congress In Dubai
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, has inaugurated the third UITP MENA Transport Congress and Exhibition 2018.

UAE takes leading role in customers happiness, mobility experience


UAE, India announce new skills partnership
The governments of the UAE and India today announced the launch of a new strategic partnership focused on skills development and mutual recognition of qualifications.

3rd AGM of Emaar Malls approves distribution of AED 1.3 bn (US$ 353.9 mn) dividend to the shareholders
The Emaar Malls AGM also approved the report by the Board of Directors on the activities and financial position of the Emaar Malls, the Auditor’s report, and balance sheet for 2017.

Mashreq posts a 9.5% increase in Net Profit for first quarter 2018
Mashreq, one of the leading financial institutions in the UAE, today has reported its financial results for the first quarter ending 31st March 2018.

Dubai International (DXB) recognised at Business Traveller Middle East Awards 2018
The world’s busiest airport for international traffic, Dubai International, retained the title of Best Airport in the Middle East at the 2018 Business Traveller Middle East Awards.

Meraas Launches ’Hala China’
Meraas has launched ’Hala China’, a brand-new initiative, in collaboration with Dubai Holding, the global investment holding company, and DXB Entertainments, a Dubai-based leisure and entertainment company.

Asteco Reports Decrease In Rental Rates And Sales Prices Across Dubai
Asteco’s Dubai Real Estate Report Q1 2018 has recorded an annual decline in villa and apartment sales of 6% and 9% respectively, with large villas at high price points generating limited interest, mainly due to the lower investment yields associated with this type of product.

NMC Health Launch US$450 Million Bond Offering
NMC Health plc, the leading UAE private healthcare operator, has announced the launch of an offering of senior, unsecured, guaranteed convertible bonds due 2025 with a principal amount of US$ 450 million, convertible into ordinary shares of NMC Health plc.

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