News Archive
Microsoft OpenHack to supercharge UAE tech skillsets and solve industry challenges (29 November 2018)
The UAE’s Artificial Intelligence Strategy takes into account the estimated 250 million unnecessary paper transactions conducted by the federal government each year.

PLC System Partners With Dubai Carbon As Demand For Renewable Energy Increases (28 November 2018)
Dubai Carbon has enabled yet another key energy player to enter the UAE renewable energy market, following the signing of an agreement with energy experts PLC System S.r.l.

DP World, UAE Region Offers Integrated Hub Facilities For Petrochemical Industries (28 November 2018)
DP World, UAE Region is showcasing its growing strengths in the petrochemical sector at the 13th Annual GPCA Forum in Dubai started on the 26th November, organised by the Gulf Petrochemicals and Chemicals Association.

Dalma Capital Opens Islamic Window In The Dubai International Financial Centre (28 November 2018)
Dalma Capital Management Limited today announced that it has received approval from the Dubai Financial Services Authority (DFSA) to operate an Islamic Window.

Emaar Signs Definitive Documentation With ADNH To Divest Five Hospitality Assets In Dubai (27 November 2018)
The portfolio of five hotels consists of Address Dubai Mall, Address Boulevard, Address Dubai Marina, Vida Downtown and Manzil Downtown, together with about 1,000 hotel rooms.

Mohammed Bin Rashid Launches Jumeirah Project (27 November 2018)
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today launched the ’Jumeirah Project’, an initiative of Brand Dubai, the creative arm of the Government of Dubai Media Office (GDMO).

Daman Securities Joins Nasdaq Dubai As Member To Trade Equity Derivatives (27 November 2018)
Daman Securities, one of the UAE’s most prominent brokerages, has joined Nasdaq Dubai as a member to trade equity derivatives. The move enables clients of Daman Securities to make gains whether share prices rise or fall, by trading futures on the exchange.

Noor Bank Raises Record-Breaking Subscriptions For Arqaam Capital’s Fixed Maturity Fund (27 November 2018)
Noor Bank, a leading Shari’a-compliant bank in the UAE, today announced that its four-year Fixed Maturity Plan (FMP) managed by Arqaam Capital, has raised over US$125 million subscriptions within three weeks of its launch.

H.H. Hamdan Bin Rashid Issues Decision To Implement ’Marking Tobacco And Tobacco Products Scheme’ From January (27 November 2018)
The Decision states that the Person storing Marks shall be required to provide such information and data as requested by the Authority in order to confirm that he has stored Marks in accordance with the Decision.

DAE Increases Bond Repurchase Program By US$300 Million (27 November 2018)
Dubai Aerospace Enterprise (DAE) Ltd. announced today that its Board of Directors and Shareholders had authorized an additional US$300 million for bond repurchases to be conducted through open market transactions.

20 Innovative tech solution pilots emerge from second FinTech Hive accelerator programme (27 November 2018)
23 start-ups from across 14 countries present concepts and solutions to over 350 investors.

nol card now valid to pay for purchases at Lulu Outlets (27 November 2018)
nol cardholders can use their cards in payment for light and quick purchases at these outlets.

DHA To Establish Cardiac Centre Of Excellence (26 November 2018)
Dubai Health Authority, DHA, has begun the tendering process for the establishment of a state-of-the-art cardiac centre.

HITEC Dubai 2018 Announces Entrepreneur 20X Competition For Startups (26 November 2018)
Competitors will receive fabulous exposure and validation from top companies by presenting their ideas to a room full of HITEC attendees as well as a panel of expert judges including hospitality CIOs, investors, and industry insiders.

Japan Pays Homage To Arabic Themes & Culture With Expo 2020 Pavilion (26 November 2018)
The Japan External Trade Organisation (Jetro) has projected a detailed and dynamic space with reverence to Arabic design and culture through the unveiling of Japan’s pavilion concept and design for Expo 2020 Dubai.

ENOC Group Recognised At The Golden Peacock Awards (26 November 2018)
ENOC has won the 2018 Golden Peacock Global Award for Sustainability (GPGAS), for the second consecutive year in the global institutional award category, in recognition of its efforts towards raising sustainability standards within the Group.

Lowered Service Fees Of Co-Owned Properties Increase Attractiveness Of Dubai’s Real Estate (26 November 2018)
Dubai Land Department (DLD) confirmed that the lowered service fees for co-owned properties in Dubai’s freehold areas contributed to the attraction of real estate projects by encouraging buyers to invest in the short- and long-term, and those who want to buy residential units to live in.

Over 70 Per Cent Of All Searches Are For Properties Under AED 100,000 Annually (26 November 2018)
Dubai’s property sector has witnessed several cycles of ups and downs in the past. But backed by the strong economic fundamentals of the city, the sector has demonstrated its resilience and continues to offer value for investors.

Federal Tax Authority: Tax Refunds For Tourists Scheme A Great Success As 1st Phase Implemented (25 November 2018)
The Federal Tax Authority (FTA) asserted that the digital system for the Tax Refunds for Tourists Scheme has achieved notable success in the past few days since it came into effect on Sunday.

Dubai Chamber President And CEO Appointed Chairman Of World Chambers Federation (25 November 2018)
Dubai Chamber of Commerce and industry has announced that its President and CEO H.E. Hamad Buamim has been appointed to the coveted post of Chairman of the International Chamber of Commerce’s World Chambers Federation (WCF).


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