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DUBAI NEWS

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Hosting International Conference Of Deep Foundations Institute
Dubai’s Roads and Transport Authority (RTA) hosted the International Conference of the US-based Deep Foundations Institute (DFI) at its Head Office on 24-25 April 2019.

DFSA Invites Applications For Its 2019 Regulatory Sandbox Summer Cohort
The Dubai Financial Services Authority (DFSA) invites applications from local and international firms to apply to join the 2019 Summer Cohort.

Botched TV Star Joins The Nova Clinic In Dubai
The Nova Clinic by Aesthetics has officially welcomed Botched TV star and celebrity plastic surgeon, Dr. Paul Nassif into their roster of specialist plastic surgeons.

IMF Regional Economic Outlook Report Calls For Accelerated Structural Reforms And Investment In Education And Technology
MENAP’s oil exporters are projected to grow at 0.4 percent in 2019, down from 0.6 percent last year, largely driven by a contraction in economic activity in Iran following the renewal of sanctions.

DFM Company Posts Net Profit Of AED 28.1 Million In Q1, 2019
The Company’s total revenue has decreased by 21 percent to AED77.9 million in Q1-2019 compared to AED99.1 million during Q1-2018.

Dubai Government Fees, Fines Collections Can Be Paid In Instalments
According to the Resolution, relevant government entities are tasked with preparing lists for fees and fines that can be paid in instalments and submitting them to Dubai’s Department of Finance for approval. The lists must comply with the Department of Finance’s policies and procedures.

Emirates NBD Offers Real-Time Cash Deposit Credit To Businesses
Emirates NBD has become the first bank in the UAE to offer real time credits on AED cash deposited across its network of more than 240 Smart Cash Deposit Machines (SCDMs).

Over 15 mn Passengers Through Dubai In Q1 2019
A total of 15,350,000 travellers passed through points of entry and exit in Dubai in the first quarter of 2019, according to the General Directorate of Residency and Foreigners Affair, GDRFA, Dubai.

Processing Half A Million Home-Delivery Services To Clients
Dubai’s Roads and Transport Authority (RTA) announced that it had processed 572,585 home or office-delivery services to clients. It had also received and processed 856 WhatsApp transactions; a service launched a few weeks ago.

Total Value Of Contracts Provided By Dubai SME For GPP Members Hits AED860 Million In 2018
The value was AED1.5 billion in 2017, 44.5% higher than the AED857.76 million recorded in 2016. For the first time, the value of the contracts exceeded the one-billion-dirham mark.

Emirates Islamic Announces First 5 Lucky Tesla Winners Of Kunooz Savings Account Campaign
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the first five lucky winners of Tesla cars in its Kunooz savings account promotion campaign. The campaign ends on 30th April, 2019.

Mohammed Bin Rashid Heads UAE Delegation To Roundtable Summit At Belt & Road Forum In Beijing
President Jinping also called on BRI partner countries to work together and broaden the scope of cooperation in developing the standards for sustainable development taking into consideration the environment and the welfare of humanity as per the United Nations Sustainable Development Goals 2030.

Announcing Services Timing During Ramadan
Roads and Transport Authority (RTA) announced changes to the business hours of all its services during the holy month of Ramadan.

Hamdan Bin Mohammed Issues Resolution On Sanctions, Grievances And Complaints For Dubai Government Employees
The regulation aims to create a strong framework for addressing the challenges facing employees and applying disciplinary measures in a neutral way.

Emirates Islamic’s Website Recognised At The 2018 Service Olympian Awards
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, won ’Most Improved Website’ at the 2018 Service Olympian Awards organised by Ethos Integrated Solutions.

Noor Dubai Foundation To Launch Comprehensive Eye Care Programme In Nigeria
The agreement was signed under the patronage and presence of the Wife of the President of Nigeria, Aisha Buhari who received the UAE delegation team in the presidential palace.

Dubai Duty Free Celebrates World Day For Safety And Health At Work Launched Three Health And Safety Initiatives
Aligning with the spirit of World Day for Safety and Health at Work, Dubai Duty Free employees gathered on 28th April to commemorate the event in the company’s auditorium.

Empower: Health And Safety At Work Is One Of Our Top Priorities
Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, highlighted on the occasion of World Day for Safety and Health at work.

Nasdaq Dubai Welcomes USD 1.5 Billion Sukuk Listing By Islamic Development Bank
Nasdaq Dubai welcomed the listing today of a 1.5 billion US dollar Sukuk by Islamic Development Bank (IDB). The listing underlines Dubai’s role as the largest centre globally for Sukuk listings by nominal value currently totaling 60.89 billion US dollars.

UAE’s Etihad Credit Insurance Announces Successful Association With The Berne Union, A Global Forum For The Export Credit And Investment Insurance Industry
Etihad Credit Insurance, the UAE Federal credit insurance company, was voted in as an observer member of the Berne Union, a renowned global association that represents the global export credit and investment insurance industry.

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