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DP World Volumes Down 3.9 Percent In 1H2020
DP World LTD handled 33.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2020, with gross container volumes decreasing by 5.3% year-on-year on a reported basis and down 3.9% on a like-for-like basis.
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UAE Travel Advisory Update: COVID-19 PCR Tests Mandatory For All Inbound Passengers
The UAE has announced that COVID-19 test will be mandatory for all inbound and transit passengers, including Emiratis, residents, and tourists, arriving via the country’s airports, irrespective of the countries they are coming from.
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Emirates NBD Rings Market-Opening Bell To Celebrate Listing Of $750 Million Bond On Nasdaq Dubai
Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, today rang the market-opening bell at Nasdaq Dubai to celebrate the listing of a US$750 million conventional bond.
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UAE Space Agency, Mohammed Bin Rashid Space Centre Announce Reception Of First Transmission From Hope Probe
The Hope Probe blasted off from Japan’s Tanegashima Space Centre at 01:58 Monday morning, the Probe then was successfully released from the rocket at 02:55, and its solar panels were turned on to ensure at 03:00, then the panels were set to face the sun properly.
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35 Innovative Projects Support UAE’s Pioneering Efforts In Space Research And Exploration
The Mohammed bin Rashid Space Settlement Challenge and the Dubai Future Research, Dubai Future Foundation’s research arm.
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Dubai Future Council For Transportation Reviews Post-COVID-19 Transportation Challenges
Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority, RTA, Chairman of the Dubai Future Council for Transportation, chaired a remote meeting of the Council.
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Nakheel Secures AED600 Million Worth Of Property Sales In Four Months
Master developer Nakheel has announced that it sold almost 250 properties with a total sales value of over AED600 million in the last four months, with ready-to-occupy villas most in demand.
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Dubai Announces New Economic Stimulus Package Worth AED1.5 Billion
Dubai has launched its third stimulus package to ease the impact of the COVID-19 crisis on businesses. Worth AED1.5 billion, the new package raises the valueof business incentivesintroduced by the emirate’s government in the past few months to AED6.3 billion.
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Maktoum Bin Mohammed Issues Decision Appointing DFSA Board
His Highness also appointed Fadel Al Ali as Deputy Chairman of the Board andAbdul Wahid Al Ulama, Andrew Spindler, Apurv Bagri, Charles Flint QC, Swee Lian Teo, Julie Dickson and Sabine Lautenschläger as Board members.
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Dubai Will Reopen to Tourists in July. How Will it Affect the Stock Market?
With the situation on a positive track, Dubai authorities had already announced tourists will be able to visit Dubai starting from July 7th.
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