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DUBAI NEWS

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Union Properties PJSC Successfully Completes Debt Restructuring With Emirates NBD
Union Properties PJSC announced today that it has successfully reached an agreement with Emirates NBD for the full restructuring of its outstanding AED 946 million debt with the bank along with payment of the initial amount as per the new terms.

CBUAE Includes The UAE Dirham As The First Settlement Currency In "Buna" Platform
This project is overseen by a committee chaired by His Excellency the Governor of the Central Bank of the UAE and with the membership of their Excellencies the Governors of certain Arab central banks.

Dubai Retains Its Leading Position As One Of The World’s Top Five Shipping Centers For The 3rd Consecutive Year
Dubai has successfully retained its leading position as the first city in the region to rank among the world’s top five destinations for maritime industry in the International Shipping Centre Development (ISCD) Index for the third consecutive year.

DGCX Maintains Momentum Into Second Half Of The Year With Strong G6 Currencies Volumes And Successful Launch Of New FX Products
The Dubai Gold and Commodities Exchange (DGCX) has maintained its momentum into the second half of the year, as it continues to provide investors with a wide range of derivative products that allow them to manage their risk effectively.

Dubai Asset Management Teams Up With Urban To Digitise Leasing
As its appeal to landlords in the UAE continues to grow, Urban, a leading proptech platform which takes the entire rental journey online, announces that it has entered into an agreement with Dubai Asset Management to digitise leasing.

DMCC Invites Diamond World To Dubai With Message On Iconic Burj Khalifa
Effective immediately and valid until 30th September 2020, DMCC has reduced its business set-up fees by 50 percent for all diamond-connected companies, said a DMCC statement issued on Friday.

Tourists To Dubai Assured Of Safe Visits And Smooth Travel
As travellers mull over their summer vacation plans, Emirates and Dubai is sending out the clear message that tourists are welcome to enjoy the city’s many attractions, with various measures put in place for safe visits and smooth travels.

DGW Ranks Among Top 10 In ’Employees Happiness Index 2019’
Dubai Government Workshop, DGW, has been ranked among the top ten in the ’Employee Happiness Index for 2019.’

noon.com Announces New Platform Developed To Support Local Food Businesses
noon.com, the region’s homegrown digital marketplace, has announced during an exclusive webinar with Mohamed Alabbar that it plans to launch a new platform dedicated to supporting local food and beverage businesses.

Emirates NBD Completes Customer Migration To Smart Pass
The roll out of Smart Pass is part of the bank’s long-term commitment to safe, secure banking and supports Emirates NBD’s ongoing initiatives to align with global best practices in banking security.

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