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DUBAI NEWS

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Conducting A Training Course On Asset Management For Government Employees In The UAE
RTA’s Asset Management Department has recently conducted a pilot training course for one of Dubai Government employees on asset management. The objective of these courses is to enhance the cooperation with other government entities in the UAE and brief them on RTA’s expertise in this area.

Dubai Land Department seizes properties, land plots and escrow account registered under Schon Properties
The DLD calls on all investors to deposit their money in escrow accounts and transfer payments to developers as per the percentage of completion of the projects.

DX Regional Award For Using Nol Card In Paying Park Fees
Dubai’s Roads and Transport Authority (RTA) has won IDC Digital Transformation (DX) Award for using nol card in paying entry fees of public parks in Dubai through smart turnstiles, in cooperation with Dubai Municipality.

DWC Cargo Volume Rises 7.1% In The First Half
After a robust growth of nearly 9% in first quarter, cargo volumes at DWC reached 245,359 tonnes in the second quarter, up 5.4% compared to 232,691 tonnes during the same period last year.

MEBAA Show 2018 Introduces New Features
When the MEBAA Show returns to DWC, Airshow Site from 10-12 December this year, the show will incorporate the MEBAA Conference on the show floor.

Home Health Providers Witness 20 Percent Increase In Demand For Services During Summer
Demand for home health services increased by over 20 percent this summer as compared to 2017, according Americare Home Health Services, managed by NMC ProVita International Medical Center.

Zulekha Hospital Tackles The Effects Of The Summer Heat With Introduction Of Latest Treatments To Combat Excessive Sweating
As the heat continues to rise in the UAE, Zulekha Hospital has introduced the latest treatments to combat excessive sweating (Osmidrosis) in the armpits which results in staining of clothing and causes bad odour, which is often brought by soaring temperatures and other scenarios.

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.

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.

Indian National Wins Us$ 1Million In Dubai Duty Free’s Millennium Millionaire Promotion
First-time winner Sandeep Menon became the latest Indian national to win US$1 million in the Dubai Duty Free Millennium Millionaire Promotion in Series 277, which was drawn today in Concourse B-Terminal 3 of Dubai International Airport.

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).

DEWA And EmiratesGBC Emphasise The Importance Of Green Buildings At Solar Decathlon Middle East Seminar
Dubai Electricity and Water Authority (DEWA), in collaboration with the Emirates Green Building Council (EmiratesGBC), has organised the Solar Decathlon Middle East Seminar.

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.

Nasdaq Dubai Announces Names Of 12 Saudi Companies On Which It Will Launch Equity Futures In September
Nasdaq Dubai today announced the names of 12 Saudi Arabian companies on which the exchange will launch equity futures in September 2018.

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