Dubai Issues US$2b In Sukuk And Bonds With Lowest Interest Rate In Its History (3 September 2020)
The Government of Dubai officially announced today the successful completion of an issuance process consisting of ten-year Islamic Sukuk of US$1 billion at a profit rate of 2.763 percent and thirty-year government bonds of US$1 billion at an interest of 3.90 percent.
MoF Launches Next Phase Of Mohammed Bin Rashid Innovation Fund (2 September 2020)
The next phase will create an integrated work environment that supports innovation and will integrate all the services the fund provides in a way that benefits its innovative members.
Hamdan Bin Mohammed Issues Resolution Regulating Establishment Of Companies By Dubai Government Entities (31 August 2020)
Dubai Crown Prince and Chairman of The Executive Council of Dubai H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said the continuous development of the emirate’s legislative framework is crucial to the achievement of Dubai’s strategic objectives.
IACAD Announces Resumption Of Prayers In Mosques In Industrial Zones At 30 Percent Limit (30 August 2020)
The Islamic Affairs and Charitable Activities Department, IACAD, announced the resumption of prayers in mosques in industrial zones and workers’ cities, starting with today’s fajr prayers, but with a limit of 30 percent of capacity.
Dubai Municipality Opens Mushrif Park For Cycling Enthusiasts (30 August 2020)
Dubai Municipality has announced that it has opened Mushrif Park to cyclists every day from 6 am to 9 pm free of charge.
Emirates to resume flights to Lusaka from 4 September, expanding connections to Africa (28 August 2020)
Emirates announces the resumption of passenger services to Lusaka with two weekly flights to/from Dubai effective 4 September, which will boost the airline’s global network to 79 cities.
Nasdaq Dubai Signs Agreement To Attract Chinese Listings To Dubai (26 August 2020)
Nasdaq Dubai has announced the signing of a strategic cooperation agreement with Hong Kong-based Zhongtai Financial International and Beijing Tian Tai Law Firm Shanghai Branch, to support Chinese companies that wish to list on the Middle East’s international financial exchange.
Japanese Pharmaceutical ’Kyowa Kirin International’ Opens Regional Office In Dubai (22 August 2020)
The newly opened office, which is located in Dubai Healthcare City, brings the total number of scientific offices operating in the country to 78 amid expectations to reach 85 offices by the end of 2021, said a MoHAP press release.
DEWA Develops Future Shaping Framework To Keep Pace With Rapid Changes In Strategic Sectors (22 August 2020)
Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority, DEWA, has approved the Future Shaping Framework, developed by DEWA to anticipate and shape the future of the energy and water sectors.
Expo 2020 Dubai Unveils New Round Of Social Entrepreneurs Helping Communities Globally (20 August 2020)
Cycle Five grantees were selected from a pool of more than 4,000 applicants from 170 countries, proving that meaningful innovation to tackle some of the world’s greatest challenges can come from anywhere, to everyone.
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