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Dubai Islamic Bank Rings Market-Opening Bell To Celebrate Listing USD 750 Million Sukuk On Nasdaq Dubai (6 February 2019)
Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, rang the market-opening bell today to celebrate the listing of a 750 million US dollar Sukuk on Nasdaq Dubai.

DEWA tops Happiness Index for second consecutive year (6 February 2019)
Dubai Electricity and Water Authority (DEWA) has maintained its top position in the Happiness Index in the large Dubai government entities category, for the second consecutive year with a 95% happiness level.

Syrian National Wins US$1 Million In Series 293 Of Dubai Duty Free Millennium Millionaire Promotion (5 February 2019)
Mr. Kathel, an Indian national based in Sharjah and working as cabin crew for Air Arabia, bought his first ever ticket in Series 292 from The Craft Shop at The Irish Village.

Emirates NBD UAE PMI (5 February 2019)
Today sees the release of January data from the Emirates NBD Purchasing Managers’ Index (PMI) for the UAE. The survey, compiled by IHS Markit, contains original data collected from a monthly survey of business conditions in the UAE non-oil private sector.

Al Tayer Briefs Singaporean Delegation About Smart Mobility Projects (5 February 2019)
HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has received in his office a visiting delegation from Singapore, headed by HE Lim Sim Seng, Chairman of Singapore Land Authority.

DLD launches its real estate promotion plan (5 February 2019)
Dubai Land Department (DLD) launched its real estate promotion plan for the Real Estate Investment Promotion Investment Management Sector during a press conference held today in the presence of HE Sultan Butti bin Mejren, Director General of DLD.

Federal Tax Authority: Donations, Grants and Sponsorships Exempt from VAT Only When Donor, Grantor or Sponsor Has Not Received Benefits in Return (5 February 2019)
The Federal Tax Authority (FTA) has outlined the principles that must be applied to ascertain the taxability of donations, grants, and sponsorships, noting that if the donor, grantor, or sponsor has received any benefit in return for such payments

DP World Handles 71 Million TEU and Reports 2.9% Volume Growth in 2018 (5 February 2019)
DP World handled 71.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the full year of 2018, with gross container volumes growing by 1.9% year-on-year on a reported basis and 2.9% on a like-for-like basis

flydubai’s Inaugural Flight Lands In Kozhikode (4 February 2019)
On the launch of operations, Ghaith Al Ghaith, Chief Executive Officer at flydubai, said: "as the first Dubai-based carrier to operate direct flights from Dubai to Kozhikode.

The Ukraine Pavilion Gets Smart (4 February 2019)
Smart life. Smart thinking. Smart feeling. These are the three zones that comprise the Ukraine Pavilion, as the Eastern European nation investigates solutions to humanity’s problems through collaboration, creativity and common sense.


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