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DAMAC Awards Infrastructure Works Contract At AKOYA Oxygen To CSCEC As Construction Spend Tops AED 5.6 Billion (10 June 2018)
DAMAC Properties has awarded China State Construction Engineering Corporation (CSCEC) with an AED 72 million construction contract for major road and infrastructure work at AKOYA Oxygen.

DED ’Issues 1,689 New Licenses And renews 26,184 During May 2018 (10 June 2018)
Dubai continued to be the destination of choice for businessmen and investors as the Department of Economic Department (DED) issued 1,689 new licenses and completed 26,184 transactions relating to business registration and licensing in the emirate during the month of May 2018.

New Economic Stimulus Package Will Boost Real Estate Investment In Dubai (10 June 2018)
This new economic incentives package includes the non-increase of government fees over the next three years in addition to the reduction of the ’market fee’ from 5% to 2.5%.

DWTC Events Drive AED 12.7bn In Economic Value For Dubai (9 June 2018)
The study estimates the total economic output of DWTC’s large-scale events at AED22.5 billion, an increase of eight percent since 2015, of which nearly 57 percent is retained within the local economy.

RTA Endorses Final Design Of Bus Stations Serving Expo 2020 (9 June 2018)
The Board of Executive Directors of the Roads and Transport Authority (RTA), chaired by HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors, has endorsed the final design of public bus stations that serves Expo 2020.

Emirates Celebrates Inaugural Flight To London Stansted (9 June 2018)
The Emirates Boeing 777-300ER touched down just before 1400hrs local UK time yesterday, and marked London Stansted as the 7th airport in the UK from which Emirates operates.

Final design of bus stations serving Expo 2020 (9 June 2018)
The Board of Executive Directors of the Roads and Transport Authority (RTA), chaired by HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors, has endorsed the final design of public bus stations that serves Expo2020.

DED Offers Temporary License Freeze And Installment Facility On Fees And Fines (9 June 2018)
The Department of Economic Development (DED) in Dubai has launched a package to make it further easier for businesses to clear fines and renew their licenses. The package will allow businesses to pay their fees and fines in easy installments.

DAFZA Announces Development Of Dubai Blink, The World’s First B2B Smart Commerce Platform for Free Zones (9 June 2018)
Dubai Airport Freezone Authority (DAFZA) has announced the development of Dubai Blink, the world’s first B2B smart commerce platform. It will utilize artificial intelligence (AI), blockchain technology and virtual business licenses.

DMCC Powers Islamic Bank Of Afghanistan With Shariah-Compliant Murabaha Transaction Capability To Expand Its Offerings (9 June 2018)
DMCC, the world’s flagship Free Zone and Dubai Government Authority on commodities trade and enterprise, is entering new markets and has welcomed the Islamic Bank of Afghanistan as the newest member of its DMCCTradeflow platform.


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