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Dubai Islamic Bank Closes Landmark $750 Million Sukuk (19 November 2019)
Dubai Islamic Bank PJSC, DIB, successfully closed a US$%750 million 5-year Sukuk with a profit rate of 2.950 percent per annum, which is equivalent to 140bps over the 5-year Mid Swap Rate.

49 Emirati Artists Begin Work On UAE Logo (19 November 2019)
Forty-nine artists yesterday began their mission to design the UAE Nation Brand logo that will represent the country and share its success story with the world.

Wethaq Launches First ’Fintech’ Sukuk On Its Market Infrastructure Using SWIFT GPI Link (19 November 2019)
Today, Wethaq announced that it has issued the first pilot Sukuk on its securities market infrastructure for the Islamic capital markets under the supervision of the Dubai Financial Services Authority.

Reportage Properties Unveils Villas In Dubai (19 November 2019)
Abu Dhabi-based " Reportage Properties" is set to begin construction on the first phase of "Rakan Lofts", which is being developed in Dubailand in collaboration with "Continental Investment", in the first quarter of next year.

Dubai Sports City Announces Launch Of New Athletics Track In Partnership With Local Fitness Identity Marcus Smith (19 November 2019)
Dubai Sports City has announced the launch of its new athletics track by hosting a unique event in partnership with celebrated Dubai athlete Marcus Smith.

HIPA Announces October Winners Of Its Instagram Photo Contest (19 November 2019)
The Hamdan bin Mohammed bin Rashid Al Maktoum International Photography Award, HIPA, has concluded the October edition of the Instagram Photo Contest themed ’Doors’.

Prominent Businessmen To Be Granted Golden Residency Visas Under ’Be Part Of Dubai’ Initiative (19 November 2019)
The Dubai Chamber of Commerce and Industry, Dubai Chamber, signed a Memorandum of Understanding, MoU, with the General Directorate of Residency and Foreigners Affairs.

World’s First Electric Race Plane Unveiled At Dubai Airshow (18 November 2019)
The world’s first electric race plane has been unveiled on day one at the Dubai Airshow, showcasing custom modified technology built by one of the racing teams set to take part in the inaugural Air Race E event next year.

Dubai Future Accelerators To Pick New Cohort Of Innovative Startups To Address Global Challenges (18 November 2019)
Dubai Future Accelerators (DFA), an initiative of Dubai Future Foundation (DFF) and the Government of Dubai, is once again scouting new talent from among the world’s most innovative start-ups and scale-ups to join its flagship program.

PepsiCo Launches Live On Platform In UAE To Reduce Use Of Plastic (18 November 2019)
Under the auspices of Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, PepsiCo, has announced the launch of Live On, its newly created sustainability platform for the UAE, and the Middle East and North Africa region, MENA.

RTA, Majid Al-Futtaim Renew ’Naming Rights’ Of Mall Of The Emirates And City Centre Deira Metro Stations (18 November 2019)
Roads and Transport Authority (RTA) and Majid Al-Futtaim (MAF) Group recently renewed their partnership for the naming rights of Mall of the Emirates and Deira City Centre Metro Stations.

Noor Bank Raises AED646 Million For Rasmala Long Income Fund (18 November 2019)
The Fund provides wide exposure to a portfolio of long-lease properties, aiming to generate regular income whilst preserving capital over time.

High-Performance Car Maker W Motors Joins Nasdaq Dubai To Accelerate Its Expansion (18 November 2019)
Dubai-based W Motors today teamed up with Nasdaq Dubai, as the first manufacturer of high-performance luxury Hypercars in the Middle East gears up for new expansion.

H.E. Al Ghurair: Dubai’s Non-Oil Trade With Africa To Exceed AED 1 Trillion By End Of 2019 (18 November 2019)
Dubai’s non-oil trade with Africa will exceed AED 1 trillion for the period extending from 2011 until the end of 2019, asserted His Excellency Majid Saif Al Ghurair.

One-Step Process, 5 Days To Complete New Connections For Commercial And Industrial Projects In Dubai (17 November 2019)
Dubai Electricity and Water Authority, DEWA, has reduced the time to complete the one-step process for new connections of up to 150kW for commercial and industrial customers from seven to five days.

Ahmed Bin Mohammed Welcomes International Sports Innovation Conference Participants (17 November 2019)
His Highness Sheikh Ahmed Bin Mohammed Bin Rashid Al Maktoum, President of the National Olympic Committee and Chairman of the Mohammed Bin Rashid Al Maktoum Creative Sports Award.

The Biggest Jeep Tough Mudder To Date Marks The Last Weekend Of Dubai Fitness Challenge (17 November 2019)
Thousands of people tested their toughness this weekend and took part in the UAE’s biggest Jeep Tough Mudder to date, which marked the final weekend of the Dubai Fitness Challenge.

Dar Al Ber And Dubai Taxi Work Together To Launch Three Humanitarian Initiatives (17 November 2019)
Dar Al Ber Society and Dubai Taxi Corporation have signed an agreement of understanding, that aims to strengthen the partnership between the two parties, to achieve the vision of Dubai government.

Jumbo Electronics Launches Complete Smart Home Solutions For Customers In The UAE (17 November 2019)
Jumbo Electronics, the leading OmniChannel retailer in the region, is promoting smart and automated home ecosystems for customers across the UAE through its dedicated Smart Home solutions delivered by the well trained and certified Jumbo Unwired Crew.

DFM Achieves 97% Compliance In Listed Companies’ Disclosure Of Q3-2019 Results (17 November 2019)
Dubai Financial Market (DFM) today announced that its listed companies have recorded a 97% compliance regarding the disclosure of Q3-2019 results within the deadline of 45 days from the end of the period.


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