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DUBAI NEWS

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Third Cohort Of DIFC FinTech Hive Accelerator Programme Applications Opened
The DIFC FinTech Hive, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, announced it has begun accepting applications for the third cycle of its hugely successful accelerator programme.

Nasdaq Dubai Welcomes Listing Of US$1 Billion Sukuk By Sharjah
Nasdaq Dubai today welcomed the listing of a US$1 billion Sukuk issued by the Emirate of Sharjah.

World Intellectual Property Congress Among Major Bid Wins In Q1 For Dubai Business Events
In partnership with stakeholders across the city, Dubai Business Events (DBE) secured several bids for major meetings, conferences and incentive programmes over the course of the first quarter of the year, winning events that are set to make a significant economic impact on the city.

Schools Invited To Take Part In First Arab Emirati Astronaut Mission
The Mohammed bin Rashid Space Centre, MBRSC, has launched the ’Science in Space’ competition, where schools can participate in conducting scientific experiments to study the impact of microgravity.

Opening 9 New Bus Routes On April 7, 2019
The fourth is Route 310 from Rashidiya Metro and Bus Station to the International City with a frequency of 8 minutes during peak hours.

Emirates Islamic Announces Winner Of AED 1 Million Cash Prize For Award-Winning Kunooz Savings Account
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the lucky winner of its monthly Kunooz Savings Account draw.

Alpha Destination Management To Organise A High Profile Pre-ATM FAM Trip For Its Top Tour Operators From Europe
As part of its massive Arabian Travel Market (ATM) 2019 tourism drive, Alpha Destination Management will host over 25 of the top tour operators from the UK, Germany, France, Spain, The Netherlands, and other significant European markets for Dubai on the weekend leading up to the trade show.

Top Representatives From 140 Countries To Gather In Dubai For Annual Investment Meeting 2019
Top-level representatives from over 140 countries from Europe, Latin America, Africa, Middle East, and Asia will gather in Dubai next week to take part in this year’s edition of the world’s leading foreign direct investment (FDI) platform, the Annual Investment Meeting (AIM).

DIFC Receives Dubai Quality Award In Recognition Of Business Excellence
Dubai International Financial Centre, DIFC, announced today that it has received the Dubai Quality Award during the 25th annual Business Excellence Awards hosted by the Department of Economic Development, DED, in Dubai.

Syrian National Wins DDF Luxury Car
A Sharjah-based Syrian national, Jamil Alsadaka, became a proud owner of a Porsche 911 Carrera Coupe (Racing Yellow) in Dubai Duty Free Finest Surprise promotion in Series 1715 with ticket no. 0200

Changing Customer Behaviors Drive Mashreq’s Innovative New Branch Transformation Program
In response to the evolving customer needs, Mashreq Bank, one of the leading financial institution in the UAE, today announced details of the next phase of its digital transformation strategy.

Starts Installing Smart Gates At Metro Stations Of Route 2020
Rail Agency of Dubai’s Roads and Transport Authority (RTA) has recently started the installation of Smart Fare Gates at Metro Stations of Route 2020 Project.

Emirates NBD Adjudged Asian Trailblazer Of The Year By Retail Banker International
Emirates NBD, a leading bank in the region, has won industry recognition for its retail banking leadership at the Retail Banker International (RBI) Asia Trailblazer Awards.

Construction Cost Index Of Dubai Surges 0.16 Percent In Q4-2018
Construction costs rose during Q4 of 2018 by 0.16 percent, compared to the Q3 of 2018, with construction costs rising by 0.14 percent for residential buildings and by 0.23 percent for non-residential buildings, figures from the Dubai Statistics Centre (DSC) have revealed.

RTA Renews Dubai Metro Operation & Maintenance Contract With Serco Until 2021 At A Value Of 680 Million Dirhams
Roads and Transport Authority (RTA) has signed a contract extending the operation and maintenance of the Dubai Metro with the British Serco Group until September 2021.

Dubai Islamic Economy Development Centre Reviews Progress Of 2018 Initiatives, Approves Action Plan For 2019
The Dubai Islamic Economy Development Centre (DIEDC) held its first board meeting of 2019 that reviewed the progress of strategic initiatives made in 2018 and also examined the Centre’s action plan for 2019.

Mohammed Bin Rashid Visits Dubai Arena
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today visited Dubai Arena, the new multi-purpose arena developed by Meraas at City Walk.

MBR Solar Park Reaches News Infrastructure Completion Phase
The concrete base of the tower that is part of the Mohammed bin Rashid Al Maktoum, MBR, Solar Park, the largest single-site concentrated solar power, CSP, project in the world, has been completed.

DGCX Records Over 20% YOY Growth, Launches Two New Products
Average daily volumes throughout the same month also increased, registering 87,995 contracts.

Nakheel Applauds RTA For Phase Two Of AED400 Million International City Road Scheme
Master developer Nakheel today applauded the RTA for the second phase of the AED400 million International City road improvement scheme, which opened on Saturday.

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