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DIEDC Expands Network Of Partners In Indonesia
The Dubai Islamic Economy Development Centre, DIEDC, signed two Memorandums of Understanding, MoUs, with the Indonesia Halal Lifestyle Centre, IHLC, and the National Islamic Finance Committee.
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Dubai Duty Free Celebrates 48th UAE National Day.
The celebrations were officially opened by the Executive Vice Chairman & CEO, Colm McLoughlin, and were commemorated with the UAE National Anthem.
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Leading UAE Authorities, Financial Exchanges Form Working Group To Advance Sustainable Finance Practices, Investments
In a bid to support positive economic, social and environmental impacts and advocate sustainable finance and investments for the long-term growth of the UAE economy.
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Salah Tahlak Gets Fourth Term On Atp International Group Council.Dubai Duty Free Tennis Championships Tournament Director Is The Only Arab To Be Re-elected For Four Consecutive Terms
A member of the ATP Global Tournament Council since 2010, Tahlak is the first and only Arab national to be re-elected for four consecutive terms.
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Wethaq Launches First ’Fintech’ Sukuk On Its Market Infrastructure Using SWIFT gpi Link
Wethaq announced that it has issued the first pilot Sukuk on its securities market infrastructure for the Islamic capital markets under the supervision of the Dubai Financial Services Authority on Sunday, 17th November.
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"Fujian Brands On The Maritime Silk Road" UAE Station Will Be Held From November 25th To 28th
The 2019 "Fujian Brands on the Maritime Silk Road" series (United Arab Emirates Station) hosted by the Fujian Provincial Department of Commerce will be held at the Dubai World Trade Center on November 25-28.
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ADS Securities L.L.C. Strengthens Anti-Money Laundering Compliance Program With FinScan’s Automated Screening Technologies
FinScan will assist ADSS, which is based in the UAE capital Abu Dhabi with offices in Europe and Asia, with its financial and monetary brokerage business.
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DFM Launches Guidance On Environmental, Social And Governance (ESG) Reporting
Dubai Financial Market (DFM) today launched its Guide on Environmental, Social and Governance (ESG) Reporting, as part of its endeavor to promote issuers’ expansion in embracing ESG best practices.
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Mohammed Bin Rashid Attends Launch Of Smart Corporate Social Responsibility Platform
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, attended the launch of the Smart Corporate Social Responsibility Platform at the ongoing 3rd UAE Government Annual Meetings, which started in Abu Dhabi Monday.
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DP World Group Chairman And CEO Rings Nasdaq Dubai Market Opening Bell To Celebrate Sukuk And Bond Listings Totalling USD 2.3 Billion
Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, rang the market-opening bell at Nasdaq Dubai today to celebrate the listings of two Sukuk and two conventional bonds with a total value of 2.3 billion US dollars.
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flydubai Secures USD 500 Million Term Financing Facility
Dubai Aviation Corporation, (trading as "flydubai") successfully completed a USD 500 million 5-year Term Financing Facility on 14 November, 2019.
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DP World Chairman Rings Nasdaq Dubai Market-Opening Bell Celebrating Sukuk, Bond Listings Totalling US$2.3 Billion
Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, rang the market-opening bell at Nasdaq Dubai today to celebrate the listings of two Sukuk and two conventional bonds with a total value of US$2.3 billion.
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Abu Dhabi Securities Exchange (ADX) Allows Pattern Day Trader (Short-Term Trading) And Quadruples The Value Of Invested Capital And Returns
Abu Dhabi Securities Exchange (ADX) has given approval for Pattern Day Trader (short-term trading) earlier this week.
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Oxford Business Group To Launch New Report On Dubai’s Economy
The global research and advisory firm Oxford Business Group (OBG) will launch The Report: Dubai 2020, its new analysis of the emirate’s economic development and investment opportunities, on Monday December 9 at Nasdaq Dubai, The Exchange Building, DIFC.
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ESMA Presents 6 Regulations Increases Safety In The UAE Community
The Emirates Authority for Standardization and Metrology (ESMA), during its participation in the Big 5 exhibition, in Dubai, showcased six national projects that enhance safety requirements in the construction sector, including UAE regulations to support safety requirements in doors.
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Dubai-Based Coded Minds Acquires EdgeMakers STEM Learning Lab
Coded Minds, a Dubai-based global education company, has announced that the company acquired an EdgeMakers STEM Learning Lab, an innovative education company in the United States and Canada.
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Expo 2020 Teams Up With Informa To Attract World-Class Business And Entertainment Events
Expo 2020 Dubai’s proposition as the world’s greatest meeting of minds has been further strengthened through a wide-ranging agreement with Informa that will bring some of the region’s major business and entertainment events to Dubai Exhibition Centre, DEC, co-located at the next World Expo.
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DMCC’s Dubai Diamond Exchange Hosts Rough Diamond Tender
The Dubai Diamond Exchange, DDE - a subsidiary of DMCC, the Government of Dubai Authority on commodities trade and enterprise - announced today that it had successfully hosted one of the largest rough diamond tenders ever to take place in the UAE.
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American Hospital Dubai To Hold UAE’s First Motorbike Health Tour In Support Of Men’s Health
Marking November as the month of men’s health awareness, American Hospital Dubai host the UAE’s first motorbike health tour on 15th November 2019, highlighting the importance of men’s health and early cancer detection.
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World Aviation Safety Summit To Explore Airspace Congestion Solutions
The average delay per flight attributed to air traffic control issues in the GCC region is currently estimated at 29 minutes, and this number could double by 2025 if urgent measures are not taken.
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Mohammed Bin Rashid Honors UAE Pioneers In The Year Of Tolerance
Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the UAE Pioneers ceremony will be held tomorrow, Tuesday, following the conclusion of the Annual Meetings of the UAE Government 2019.
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Dubai Duty Free To Host Its Annual Golf World Cup For The 27th Year
The invitation-only tournament has attracted over 60 overseas players in addition to those competing from the UAE and Gulf region and has grown into one of the most popular events on the duty free calendar.
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The Middle East’s Leading Health & Fitness Event Dedicates A Special Morning To Mothers In The Region
Calling all mothers in the region! Dubai Active have announced the launch of a very special event that is dedicated to you and your little ones.
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Ellington Properties Introduces Cryptocurrency Payment Option With Bitcoin Suisse
Ellington Properties, Dubai’s leading design-led property developer, has chosen Bitcoin Suisse AG (BTCS) as its preferred crypto brokerage provider, adding to the payment options for a growing base of international customers of the company.
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Dubai Economy Launches ’Smart Industry Award’ As New Category In Dubai Quality Award
Dubai Exports, the export promotion agency of Dubai Economy, along with the Business Excellence Department in Dubai Economy has announced the addition of a ’Dubai Smart Industry Award’ into the Dubai Quality Award (DQA).
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In Celebration Of 48th UAE National Day And The Year Of Tolerance, Pure Gold Group Contributes To The Release Of 700 Insolvent Prisoners
As the UAE prepares to celebrate the 48th UAE National Day, philanthropist Firoz Merchant, Founder and Chairman of Pure Gold Group, has contributed to the release of 700 insolvent prisoners across the UAE.
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National Bonds Launches ’NBC Booster 20’ On Dubai Financial Market
National Bonds will provide certificates of investment for registered investors exclusively, through DFM-licensed brokers, effective from 17th November 2019.
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Dubai Islamic Economy Development Centre Supports Fourth Edition Of Turin Islamic Economic Forum As Strategic Partner & In Collaboration With Dubai Culture
Dubai Islamic Economy Development Centre (DIEDC) participated in the fourth edition of the Turin Islamic Economic Forum (TIEF) as a strategic partner of the biennial event that seeks to highlight the impact of Islamic finance on socio-economic development.
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"Fujian Brands On The Maritime Silk Road" UAE Station Will Be Held From November 25th To 28th
The 2019 "Fujian Brands on the Maritime Silk Road" series (United Arab Emirates Station) hosted by the Fujian Provincial Department of Commerce will be held at the Dubai World Trade Center on November 25-28.
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UAE Leads Region In Adopting Smart Technologies
During the 8th Chief Audit Executive Conference in Dubai, experts and analysts said that the UAE is moving ahead in the region in adopting Artificial Intelligence, AI, and smart technologies.
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ON.DXB Hits High Notes As Creative Industry Talent Converges On Dubai
ON.DXB, an initiative of Dubai Media City in cooperation with the Dubai Film & TV Commission that is designed to support the growth and evolution of the region’s film.
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31 Million Items Of Luggage Onboard 135,000 Flights Handled By Dubai Customs In H1- 2019
During his tour of terminals 1 and 2 of Dubai International Airport, the Director General of Dubai Customs said he was very happy Dubai Customs is part of the success and distinction of Dubai International Airport.
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Surgical Robot Technology Employed At Kuwait Hospital In Dubai
In a new medical milestone in the Middle East, the Ministry of Health and Prevention, MoHAP, revealed that the medical team at Al-Kuwait Hospital, Dubai, has successfully performed two surgeries using advanced surgical robot technology.
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15 Deals Worth More Than AED3 Billion Signed On Day 3 Of Dubai Air Show
The UAE’s Ministry of Defence signed 15 deals at a total value of more than AED3 billions on the third day of Dubai Air Show 2019, a senior official said on Wednesday.
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Bank Deposits Increased By AED 17.8 Billion In October: CBUAE
The Central Bank of the UAE, CBUAE, announced that during October 2019, total bank deposits increased by AED 17.8 billion, attributable to an AED 1.9 billion increase in Resident Deposits and an AED 15.9 billion increase in Non-Resident Deposits.
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1.2 Million Pakistanis In The United Arab Emirates With 400,000 Based In Dubai, Making Around 13% Of Dubai’s Population.
There are a lot of similarities between Pakistan and many other countries which have a strong common socio-cultural foundation.
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Remitly, Xpress Money Partner To Expand Cross-Border Money Transfer Services
Remitly, the online remittance service used by nearly two million people, and Xpress Money, a Finablr company, have come together to increase cross-border payout options for customers in Asia and Africa.
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Azizi Developments Matures Into A Brokerage-Oriented Business
Azizi Developments, a leading private developer in the UAE, is taking concrete steps to strengthen its relationships with its brokerage partners, with channel partner sales relative to in-house sales having surged by 15% over the past 6 months.
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VFS Global Launches Philippines ePassport Renewal Centre In Dubai
This is the first time The Republic of Philippines Department of Foreign Affairs has outsourced its passport renewal process.
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Ahmed Bin Mohammed Bin Rashid Launches 6th Annual Knowledge Summit
H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Mohammed bin Rashid Al Maktoum Knowledge Foundation, MBRF, inaugurated the 6th annual Knowledge Summit today at the Dubai World Trade Centre.
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UAE Aims To Shape Future, And Not Just Anticipate It, DEWA CEO Tells First World Excellence Summit
The UAE aims to shape the future, and not just anticipate it, said Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority, DEWA, in his keynote address at the first World Excellence Summit today.
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"Corporate Procurement Platform 509" Is A Joint Initiative Between Dubai Islamic And ASWAQ
Al Muhairi added that the launch of the initiative in the Knowledge Summit is a vital step that supports the sixth edition of the Summit, which aims to achieve sustainable development and meet global challenges.
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Mohammed Bin Rashid Enacts New DIFC Intellectual Property Law
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, enacted a new DIFC Intellectual Property Law.
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Dubai Blockchain Policy Launched At 9th Smart City Expo World Congress In Barcelona
The Dubai Future Council for Blockchain, chaired by Dr Aisha Bint Butti Bin Bishr, launched the Dubai Blockchain Policy at the 9th Smart City Expo World Congress, held in Barcelona from 19th to 21st November, 2019.
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Gulf Capital Announces Two Senior Appointments in its Private Equity Division
Gulf Capital, one of the leading and most active alternative investment companies in the region, today announced the promotion of two senior executives, Mohammad Madani and Hazem Abu Khalaf, to the position of Managing Directors in its Private Equity division.
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Dubai Islamic Bank Closes Landmark $750 Million Sukuk
Dubai Islamic Bank PJSC, DIB, successfully closed a US$%750 million 5-year Sukuk with a profit rate of 2.950 percent per annum, which is equivalent to 140bps over the 5-year Mid Swap Rate.
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49 Emirati Artists Begin Work On UAE Logo
Forty-nine artists yesterday began their mission to design the UAE Nation Brand logo that will represent the country and share its success story with the world.
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Wethaq Launches First ’Fintech’ Sukuk On Its Market Infrastructure Using SWIFT GPI Link
Today, Wethaq announced that it has issued the first pilot Sukuk on its securities market infrastructure for the Islamic capital markets under the supervision of the Dubai Financial Services Authority.
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Reportage Properties Unveils Villas In Dubai
Abu Dhabi-based " Reportage Properties" is set to begin construction on the first phase of "Rakan Lofts", which is being developed in Dubailand in collaboration with "Continental Investment", in the first quarter of next year.
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Dubai Sports City Announces Launch Of New Athletics Track In Partnership With Local Fitness Identity Marcus Smith
Dubai Sports City has announced the launch of its new athletics track by hosting a unique event in partnership with celebrated Dubai athlete Marcus Smith.
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HIPA Announces October Winners Of Its Instagram Photo Contest
The Hamdan bin Mohammed bin Rashid Al Maktoum International Photography Award, HIPA, has concluded the October edition of the Instagram Photo Contest themed ’Doors’.
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Prominent Businessmen To Be Granted Golden Residency Visas Under ’Be Part Of Dubai’ Initiative
The Dubai Chamber of Commerce and Industry, Dubai Chamber, signed a Memorandum of Understanding, MoU, with the General Directorate of Residency and Foreigners Affairs.
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World’s First Electric Race Plane Unveiled At Dubai Airshow
The world’s first electric race plane has been unveiled on day one at the Dubai Airshow, showcasing custom modified technology built by one of the racing teams set to take part in the inaugural Air Race E event next year.
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Dubai Future Accelerators To Pick New Cohort Of Innovative Startups To Address Global Challenges
Dubai Future Accelerators (DFA), an initiative of Dubai Future Foundation (DFF) and the Government of Dubai, is once again scouting new talent from among the world’s most innovative start-ups and scale-ups to join its flagship program.
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PepsiCo Launches Live On Platform In UAE To Reduce Use Of Plastic
Under the auspices of Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, PepsiCo, has announced the launch of Live On, its newly created sustainability platform for the UAE, and the Middle East and North Africa region, MENA.
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RTA, Majid Al-Futtaim Renew ’Naming Rights’ Of Mall Of The Emirates And City Centre Deira Metro Stations
Roads and Transport Authority (RTA) and Majid Al-Futtaim (MAF) Group recently renewed their partnership for the naming rights of Mall of the Emirates and Deira City Centre Metro Stations.
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Noor Bank Raises AED646 Million For Rasmala Long Income Fund
The Fund provides wide exposure to a portfolio of long-lease properties, aiming to generate regular income whilst preserving capital over time.
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High-Performance Car Maker W Motors Joins Nasdaq Dubai To Accelerate Its Expansion
Dubai-based W Motors today teamed up with Nasdaq Dubai, as the first manufacturer of high-performance luxury Hypercars in the Middle East gears up for new expansion.
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H.E. Al Ghurair: Dubai’s Non-Oil Trade With Africa To Exceed AED 1 Trillion By End Of 2019
Dubai’s non-oil trade with Africa will exceed AED 1 trillion for the period extending from 2011 until the end of 2019, asserted His Excellency Majid Saif Al Ghurair.
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One-Step Process, 5 Days To Complete New Connections For Commercial And Industrial Projects In Dubai
Dubai Electricity and Water Authority, DEWA, has reduced the time to complete the one-step process for new connections of up to 150kW for commercial and industrial customers from seven to five days.
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Ahmed Bin Mohammed Welcomes International Sports Innovation Conference Participants
His Highness Sheikh Ahmed Bin Mohammed Bin Rashid Al Maktoum, President of the National Olympic Committee and Chairman of the Mohammed Bin Rashid Al Maktoum Creative Sports Award.
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The Biggest Jeep Tough Mudder To Date Marks The Last Weekend Of Dubai Fitness Challenge
Thousands of people tested their toughness this weekend and took part in the UAE’s biggest Jeep Tough Mudder to date, which marked the final weekend of the Dubai Fitness Challenge.
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Dar Al Ber And Dubai Taxi Work Together To Launch Three Humanitarian Initiatives
Dar Al Ber Society and Dubai Taxi Corporation have signed an agreement of understanding, that aims to strengthen the partnership between the two parties, to achieve the vision of Dubai government.
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Jumbo Electronics Launches Complete Smart Home Solutions For Customers In The UAE
Jumbo Electronics, the leading OmniChannel retailer in the region, is promoting smart and automated home ecosystems for customers across the UAE through its dedicated Smart Home solutions delivered by the well trained and certified Jumbo Unwired Crew.
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DFM Achieves 97% Compliance In Listed Companies’ Disclosure Of Q3-2019 Results
Dubai Financial Market (DFM) today announced that its listed companies have recorded a 97% compliance regarding the disclosure of Q3-2019 results within the deadline of 45 days from the end of the period.
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DEWA Launches ’Inclusion POD Innovation Incubator’ And Sign A MoU With Dubai Club For People Of Determination
Al Tayer launched the initiative during a special eventevent held at DEWA Campus for Occupational and Academic Development in Al Hudaiba in Dubai.
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UAE To Host Arab League’s Regular Meeting To Discuss Role Of Media In Combating Terrorism
The UAE will host the regular meeting of the Arab League to discuss the role of the media in combating terrorism and renouncing hatred.
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Emaar Development Reports Sales Of AED 12.525 billion (US$ 3.410 Billion) In The First Nine Months Of 2019 Reflecting A Growth Of 25% From The Same Period In 2018
Delivering quarter on quarter growth in profitability, the company reported net profit of AED 2.070 billion (US$ 564 million) with a revenue of AED 9.625 billion (US$ 2.620 billion) for the first nine months of 2019.
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Dubai Future Foundation Organises Space On Earth Forum
The forum, which will conclude on Thursday, aims to provide participants with an overview of these technologies and advancements made in exploring space technology and their link towards benefiting and enhancing living conditions on earth.
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UAE Venture Selected For Inclusive FinTech Accelerator Programme ’Finance Forward’
Village Capital and MetLife Foundation selected 11 early-stage ventures operating in the Middle East and North Africa, MENA, including Finllect from the UAE.
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Dubai Healthcare City’s American Academy Of Cosmetic Surgery Hospital Forms Its Board Of Trustees To Advance Its Medical Tourism Portfolio
Dubai Healthcare City’s strategic partner the American Academy of Cosmetic Surgery Hospital (AACSH) has appointed its first board of trustees to advance its medical tourism portfolio and overall healthcare delivery.
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Treat For Sports Lovers This Weekend With More Than 20 Events Taking Place Across Dubai
Sports lovers in UAE are in for a treat this weekend, the final weekend of the 2019 Dubai Fitness Challenge 30x30, with more than 20 events taking place under the aegis of Dubai Sports Council in different parts of the Emirate.
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Chief Audit Executive Conference In Dubai To Focus On Technology
The UAE Internal Auditors Association (IAA UAE) will hold the 8th Chief Audit Executive Conference (CAE) under the patronage of H.E. Engineer Sultan Al Mansouri, UAE Minister of Economy.
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Aerospace Industry To Appear In Dubai
The Dubai Airshow is set to open on Sunday attracting the global aerospace industry to DWC, Dubai Airshow Site for the five day event.
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DAMAC Properties Reports Revenue Of AED2.8 Billion In First Nine Months 2019
DAMAC Properties Dubai Co. has announced its financial results for the nine months of 2019, reporting a total revenue of AED2.8 billion, with booked sales reported at AED2.4 billion.
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Dar Al-Arkan Of Saudi Arabia Lists US$600 Million Sukuk On Nasdaq Dubai
Yousef bin Abdullah Al-Shalash, Chairman of Dar Al-Arkan Real Estate Development Company of Saudi Arabia, on Wednesday rang the market opening bell at Nasdaq Dubai to celebrate the listing of a US$600 million Sukuk.
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DEWA Inaugurates 12th Public Health And Safety Week Activities At Dubai Festival City
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) inaugurated the 12th Public Health & Safety Week activities, in the presence of DEWA’s Executive Vice Presidents, Vice Presidents, senior managers, and visitors.
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Dubai To Host Concerts By Regional Music Stars In Celebration Of UAE National Day
Music fans are invited to celebrate the 48th UAE National Day in Dubai with live entertainment as regional icons Balqees, Hussain Al Jassmi.
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MBRSC Launches 22nd IAA Humans In Space Symposium
The first day witnessed huge participation from local and international space agencies, and students from different educational levels.
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Dubai Culture Announces Creative Lab As Part Of Design Week 2019
Dubai Culture has announced the launch of Creative Lab as part of Dubai Design Week 2019.
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Aircraft Displays In The Dubai Sky Next Week
Military jets, civil aircraft and helicopters will be among the aircraft soaring above the DWC, Dubai Airshow site next week during the Dubai Airshow from 17 - 21 November.
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Air Partner plc Opens Office In Dubai
The office, which is located in Dubai Multi Commodities Centre (DMCC), offers Air Partner’s full suite of Charter solutions, comprising Group Charter, Private Jets and Freight.
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Novotel Opens Dubai Healthcare City’s First Four-Star Hotel
Dubai Healthcare City (DHCC) today announced the official opening of its first four-star hotel, Novotel Bur Dubai, by its strategic partner Accor, expanding the free zone’s hospitality portfolio.
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Lockheed Martin Heralds New Innovations And Commitments To The GCC At The Dubai Airshow
Lockheed Martin (NYSE: LMT) the United States-based global technology leader, will exhibit its diverse portfolio of aerospace and defense solutions at the Dubai Airshow held from 17- 21 November.
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Dubai issued 64,360 business licences to 246,737 Indian Businessmen
Indian firms have added 854,234 jobs to the labour market, says report by Dubai Economy.
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Dubai developing itself as the leading accessible and inclusive tourism destination
The three-day expo and summit received overwhelming response from government organisations, non-government organisations (NGOs), companies and general public.
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World Tolerance Summit 2019 to feature art and photography exhibition on global peace
As in the previous edition, this year’s exhibition will also have international participation with countries and entities displaying unique artworks that support the essence and spirit of the two-day summit in Dubai for a global cause.
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Dubai Design District to Present Fifth Edition of Dubai Design Week
Dubai Design District (d3), the Middle East’s premier creative platform dedicated to design, is gearing up to showcase the fifth edition of Dubai Design Week, the region’s flagship design festival.
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DHA Signs Four MoUs To Provide Quality Healthcare Services During Expo 2020 Dubai
The Dubai Health Authority, DHA, has signed four Memorandums of Understanding, MoUs, with Al Zahra Hospital Dubai, NMC Royal Hospital, Mediclinic Parkview Hospital and Saudi German Hospital to provide quality integrated healthcare services to visitors and exhibitors during Expo 2020 Dubai.
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The IIFA Conference Concludes Its 24th Session In Dubai With The Issuance Of A Group Of Resolutions
The 24th session of the International Islamic Fiqh Academy (IIFA) Conference, which was held under the patronage of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
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Ministry Of Economy, Dubai Future Foundation Join Forces To Spread Knowledge Of Scientific Content
The Ministry of Economy and the Dubai Future Foundation, today signed a Memorandum of Understanding, MoU, to promote the dissemination of knowledge and scientific content in Arabic, this to develop future skills, prepare a generation of future leaders.
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Ahmed Bin Saeed To Temporarily Oversee Meraas And Dubai Holding Replacing Abdulla Al Habbai
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has appointed His Highness Sheikh Ahmed bin Saeed Al Maktoum to temporarily oversee Dubai Holding and Meraas, replacing Abdulla Al Habbai.
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Emirates Islamic: The Time For Islamic Banking To Come To The Forefront Of The Finance Sector Is Now.
Top-line findings of this year’s milestone edition of the Index indicate that the sector continues to widen its appeal to an increasing number of both Muslim and non-Muslim customers.
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Alpha Destination Management Expands Portfolio With The Addition Of Four Destinations In Indian Ocean
Alpha Destination Management announced today at the World Travel Market (WTM) 2019 expansion of its hotel portfolio into the Indian Ocean with the addition of four new countries.
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The Global Franchise Market Concludes In Dubai Today
The 4th edition of The Global Franchise Market – TGFM concluded today on a high-note attracting more than 1600 investors and franchisees coming from different parts of the world while also featuring the participation of 80 leading brands, representing a variety of business industries and sectors.
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Bilateral Ties Play Key Role In Meeting India’s $5 Trillion Economy Target
The fifth edition of the UAE-India Economic Forum recently took place at Waldorf Astoria, Dubai International Financial Centre, with the participation of high dignitaries and officials, leading experts and leaders from the two nations.
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DFM Company Posts Net Profit Of AED 95.5 Million In The First Nine Months Of 2019
Dubai Financial Market Company (PJSC) today announced its financial results for the first nine months of the year ending 30 September 2019, registering a net profit of AED 95.5 million, a 8% decrease from AED 103.7 million in the same period of 2018.
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Emirates Islamic Named Best Islamic Bank At Global Islamic Finance Awards
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, was named "Best Islamic Bank" at the ninth edition of the Global Islamic Finance Awards this year in South Africa
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Emirati Chef Collaboration ’Off The Menu’ Launches Final Edition At Mina Brasserie, Dubai International Financial Centre
From 2 to 16 November 2019, the fourth and final edition of Off the Menu - The Emirati Edition will take place at Mina Brasserie with Head Chef, Michael Mina collaborating with Emirati Chef, Sahar Parham to produce an Emirati fusion of brasserie style cuisine.
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Global Future Councils Explore Systems Leadership
Systems leadership can change the world, speakers said at the fourth Annual Meeting of the Global Future Councils, which started today in Dubai.
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UN-Habitat Participates In Flag Day Celebrations
The Sheikh Zayed Housing Programme celebrated the annual Flag Day on 3rd November, in the presence of Maymuna Sharif, Secretary-General of the United Nations Human Settlements Programme.
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Dubai Dialogue 2019 Examines Business Benefits Of Embracing Sustainable Innovation
A growing number of UAE companies are integrating sustainable innovation into their business models and reaping the benefits as they enhance their competitiveness, industry experts explained during the Dubai Dialogue 2019 which took place in the emirate on Monday.
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Dubai Cares Highlights Importance Of Education In Emergencies
Dubai Cares, part of Mohammed Bin Rashid Al Maktoum Global Initiatives, brought a series of thought-provoking and innovative activations to the World Economic Forum’s (WEF) 2019 Meeting of the Global Future Councils held between 3rd and 4th November at Madinat Jumeirah.
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RTA Completes Roads Leading To ’Jewel Of The Creek’
The Roads and Transport Authority, RTA, has announced the completion of tunnel and road works leading to the entry/exit points of Jewel of the Creek project undertaken in collaboration with Dubai International Real Estate.
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Dubai Future Foundation Hosts Week Of Workshops, Community Events And Experiences For Future-Readiness
Dubai Future Foundation (DFF) launched Dubai Future Week which offer an exciting schedule of community events, interactive workshops and experiences held from 3 to 7 November at AREA 2071 in Emirates Tower.
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Emaar Malls Announce 6% Growth In Revenue Reaching To AED 3.412 Billion (US$ 929 Million) In 9 Months Of 2019; Net Profit Grows By 6% To AED 1.732 Billion (US$ 472 Million)
Emaar Malls (DFM: EMAARMALLS), the shopping malls and retail business majority-owned by Emaar Properties (DFM: EMAAR), recorded an increase in revenue by 6 per cent during the first nine months (January to September) of 2019 to AED 3.412 billion (US$ 929 million).
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Dubai Reveals Global Growth Opportunities At Web Summit 2019
Dubai FDI, the investment development agency of Dubai Economy, revealed today its partnership program with the Web Summit 2019, to showcase Dubai’s strategic advantages for global business, startups and talent as well as global growth opportunities for entrepreneurship and innovation.
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DIFC Marks UAE Flag Day
Dubai International Financial Centre (DIFC) proudly celebrates UAE Flag Day, honouring Emirati heritage, the history of the UAE and the vision of its wise leadership.
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DEWA Wins Innovation In New Collaboration Challenge Award From EFQM
Dubai Electricity and Water Authority (DEWA) has won the ’Innovation in New Collaboration Challenge’ award from the European Foundation for Quality Management (EFQM) in its first edition this year.
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Dubai provides an environment for turning ideas into reality, says Mona Al Marri
The city is bridging communities and business opportunities, says President of INSEAD National Alumni Association UAE.
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Dubai well placed to take advantage of the age of the mind, says Sultan bin Sulayem
Dubai is today a knowledge economy where we create value today by converting data into knowledge.
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Artificial Intelligence is not yet advanced enough to model the capabilities of a worm, says INSEAD Professor
This session was aimed at providing an introduction to intelligent technologies, along with ways to look at them through the lens of business capabilities.
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Dubai offers exciting possibilities for creative and cultural professionals
Dubai is a city brimming with opportunities, new ideas, creative people and a rich historical tradition.
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Dubai Government leads new technology adoption, says panelists at INSEAD NAA UAE Leadership Forum
You either adopt new technology, or you will be left behind.
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Dubai aims to create a positive socio-economic impact on the UAE and the region through Expo 2020 and future-focused initiatives
The Forum took a deeper look at the economic and social shifts taking place regionally and globally and explored how countries in the Middle East can ride these waves of change to bring more prosperity to the region.
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Dubai has the ecosystem to continue attracting innovation
Dubai has all the features, including the comprehensive ecosystem, required to continue attracting innovation.
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Technology transformation has led to a shift in advertising spending habits, say panelists at INSEAD NAA UAE Leadership Forum
While we have to embrace changes and adopt new technologies, we need to maintain our identity as there are people who still believe in TV despite the introduction of new media technologies.
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Leadership’s support has helped Emirati women excel in STEM fields
The only difference between men and women in the field of work is their competence and ability to perform the tasks assigned to each job.
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The Co- Dubai Launches Retail Accelerator Programme
The Co- Dubai - an incubator and co-working space certified by Dubai SME has launched the Retail Accelerator Programme, an affordable programme that reduces barriers for retail and e-commerce entrepreneurs through a shared trade licence, payment gateway set-up and ongoing mentoring.
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Dubai Investments Reports Net Profit Of AED 459 Million For The Nine Month Period Ended September 30, 2019
Dubai Investments PJSC [DFM: DIC], the leading, diversified investment company listed on the Dubai Financial Market, has reported net profit of AED 459 million for the period ending September 30, 2019 compared to AED 724 million for the same period last year.
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DIFC Prescribed Company Regulations Takes Effect Today
Dubai International Financial Centre (DIFC), the number eight international financial centre and leading financial hub in the Middle East, Africa and South Asia (MEASA) region, has announced that the new DIFC Prescribed Company Regulations, will take effect today, 31 October 2019.
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DIFC Announces Enactment Of Prescribed Company Regulations
Dubai International Financial Centre (DIFC), today announced that the Board of Directors of the DIFC Authority has issued the Financial Collateral Regulations and Security Regulations which will take effect on 31 October 2019.
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Court Tech Lab Launched By DIFC Courts And The Dubai Future Foundation
The Dubai International Financial Centre (DIFC) Courts has signed a cooperation agreement with the Dubai Future Foundation (DFF) to launch the world’s first Court Tech Lab.
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Trading Of Emirates NBD Bank’s Rights To Take Place This November
Dubai Financial Market, DFM, today announced that the rights issue of Emirates NBD is due to be tradable on the exchange between Sunday, 3rd November 2019 and 14th November 2019.
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Middle East’s First-Ever Female E-Sports Team To Be Formed In Dubai
The newly-formed team, comprised of five girls from across the Middle East, will compete at the first Dubai-hosted GIRLGAMER World Finals tournament in December, before going on to compete at regional and international events in League of Legends (LoL) tournaments throughout the year.
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Dubai Tourism And LEGO CUBE Launch Unique Experience Featuring City’s Famous Landmarks
Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has announced a new partnership with Tencent Games to develop ’The Map’, featuring Dubai within the successful online game application.
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Emirates NBD Reports Net Profits Up 63 Percent To AED12.5 bn In Nine Months
Emirates NBD delivered a strong set of results with net profit up 63 percent Y-o-Y to AED12.5 billion in the first nine months of 2019.
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Dubai Trade With Brazil Reaches AED5.6 Billion In 2018
Dubai mutual trade with Brazil in 2018 made around AED5.6 billion, with AED5.2 billion in imports, AED136 million in exports and AED234 million in re-exports.
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RTA Accomplishes 1.5m Accident-Free Operation Hours Of Marine Transit Modes
Roads and Transport Authority, RTA, revealed that Dubai’s marine transit modes have completed 1.58 million accident-free operation hours since January 2015. During this period, these modes have made 781,535 journeys and served 6,251,837 riders.
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Effect Of Climate Change On The Brain, Link To Alzheimer’s And Parkinson’s, To Be Key Focus Of Discussion At XXIV World Congress Of Neurology
World Federation of Neurology -- Breakthrough studies indicate that the impact of air pollution and rising incidents of stroke, Parkinson’s and other neurological diseases are potentially linked.
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Etisalat Digital Teams Up With ADDA To Launch Scale AD Innovation Programme
Etisalat Digital and Abu Dhabi Digital Authority (ADDA) today announced the launch of a two-year Scale Abu Dhabi (AD) programme in line with ongoing efforts to drive Abu Dhabi’s digital transformation.
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IMF Regional Economic Outlook Report Calls For Reforms To Promote Job-Rich Growth And Build Resilience
Dubai International Financial Centre (DIFC), a global top 10 international financial centre and the leading financial hub in the Middle East, Africa and South Asia (MEASA) region.
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’Dubai Cyber Think Tank’ Launched
Dubai Electronic Security Centre, DESC, launched today ’Dubai Cyber Think Tank’, a unique initiative which is the first of its kind in the Middle East, to define and design innovative solutions to current and future cyber threats.
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Dubai Airports And Expo 2020 To Target Connecting Passengers At DXB
Dubai Airports and Expo 2020 Dubai have teamed up to give the more than 120,000 passengers who connect through Dubai International (DXB) every day a sneak preview of Expo 2020 to provide compelling reasons for them to return to Dubai to attend the event next year.
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The UAE Maintains First Place For Getting Electricity 3rd Year In A Row In World Bank Report
The UAE, represented by Dubai Electricity and Water Authority (DEWA), has maintained its first global ranking, for the third consecutive year, with scores of 100% in all Getting Electricity indicators in the World Bank’s Doing Business 2020 report.
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MoHAP Hosts Health Indicator For Cancer Mortality Meeting
The Ministry of Health and Prevention, MoHAP, recently organised a meeting to develop the second national health performance indicator for cancer mortality.
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DIFC Receives Delegation From US-UAE Business Council
Dubai International Financial Centre (DIFC) hosted a delegation from the US-UAE Business Council - US FinTech Mission, reinforcing its strategic emphasis on innovation and financial technology to drive forward the future of finance at the global top 10 international financial centre in Dubai.
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DIFC To Welcome Almost 2,000 People To The City Half Marathon
Official Venue Partner and a global top 10 international financial centre, Dubai International Financial Centre (DIFC), will host the City Half Marathon where almost 2,000 people will take to the streets for a 2.5km, 5km, 10km or 21km run.
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DGCX Welcomes RAKBANK As New Trade Member
The Dubai Gold and Commodities Exchange,DGCX, today announced that RAKBANK has been listed as a new trade member of the Exchange.
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Low-Cost Properties Dominate Dubai Sales This Year, Reveals Property Finder
Properties priced below AED 1.5 million are driving transactions in the Dubai real estate market. Dubai clocked in 18,858 transactions for properties worth up to AED 1.5 million each from January until September 30 this year.
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UAE Ministers Affirm Country’s Investing In STEM Education For Youth
UAE ministers have affirmed the country’s investment education across the science, technology, engineering and mathematics, STEM, fields, to attract the best minds in the sciences.
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DHCC Kick Starts Its Dfc 2019 Participation With Laughter Yoga
Dubai Healthcare City (DHCC) kick starts its Dubai Fitness Challenge (DFC) 2019 engagement with a series of activities including laughter yoga sessions for its community.
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Ducab - Etihad ESCO Deal To Save 3.25m KWh Energy Annually
Etihad Energy Service Company, Etihad ESCO, has announced the signing of an agreement with Ducab, one of the UAE’s largest manufacturing businesses, on the sidelines of the 21st Water, Energy.
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Ellington Properties Set To Host Community Event To Raise Awareness Of Breast Cancer
Ellington Properties, Dubai’s leading design-led property developer, is set to host an event at its Belgravia and Belgravia II developments in Jumeirah Village Circle (JVC) on October 25, 2019 to help raise awareness surrounding breast cancer.
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Rainfall Expected For Coming Five Days
The National Center of Meteorology forecasts weather over the coming days to be cloudy associated with rainfall.
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Maintaining Financial Sustainability Of Dubai Is Top Priority, Says Head Of DoF
Al Saleh said that capital expenditure on infrastructure projects in Dubai, especially projects related to Expo 2020, top the priorities of the public budget as part of ensuring that key projects are completed as per schedule.
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Smart Dubai is developing 30 blockchain projects
Government departments in the UAE are adopting blockchain technologies faster than the private sector, and there are more than 30 projects under development as part of Smart Dubai initiative alone.
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WETEX exhibitors to visit MBR Solar Park, DEWA Sustainable Building
The tours will take place on 20th October to the Mohammed bin Rashid Al Maktoum Solar Park.
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UAE Ministry Of Health And Prevention Organizes Workshop On Hospital-Acquired Infections, Methods Of Prevention
The Ministry of Health and Prevention (MoHAP), represented by the Central Infection Prevention and Control Committee, recently organized a workshop on hospital-acquired infections.
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DIFC Issues Amendments To The Employment Law And New Employment Regulations For Public Consultation
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has today proposed amendments to the Employment Law regime, in relation to its proposed DIFC Employee Workplace Savings ("DEWS") plan.
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Four Special Movie Screenings, Two Premieres At MENA Cinema Forum - Dubai
Dubai will host the MENA Cinema Forum, the only cinema convention catering to the industry in the region, on October 22-24.
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Commercial Bank Of Dubai Reports 26.1 Percent Increase In Net Profit To AED1.063 bn
Commercial Bank of Dubai today reported a net profit of AED1,063 million for the first nine months of 2019, a 26.1 percent increase over the same period last year.
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Deyaar Reports Revenues Of AED483.3 Million For Nine Months Of 2019
Deyaar Development today announced its financial results for the nine months ended 30th September, 2019. The company reported revenues of AED483.3 million, an increase of 3.6 percent compared to AED466 million in the same period of 2018.
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Al Yousuf Sports Equipment And Precor Announce Gold Sponsorship For Hilton Tower Race
Al Yousuf Sports Equipment (AYSE), the leading fitness equipment distributor in UAE, announced that it would be the official gold sponsor for the Hilton Tower Race, along with their core brand, Precor.
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Emaar To Transform Customer Experience With Launch Of Blockchain-Based Rewards And Loyalty Ecosystem
Emaar, the Dubai-based property developer, is releasing a new blockchain-based referral and loyalty platform later this year. Named EMR, the platform aims to reward Emaar customers with tokens for their loyalty and business referrals.
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Dubai Parks And Resorts Reports Visitation For The First Nine Months Of The Year
In Q3 2019, Dubai Parks and Resorts attracted 401 thousand visits, compared to 501 thousand for the same period last year.
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Emirates NBD Launches AED6.45 Billion Rights Issue
Emirates NBD Bank today announced that it proposes to raise AED6.45 billion via a rights share offering to strengthen its capital base and support the future growth of the business.
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Joe Wicks To Appear At The Mai Dubai City Half Marathon
The first ever Mai Dubai City Half Marathon is around the corner and organizers of the event are excited to announce a new race category added to the already popular event.
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