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DUBAI NEWS

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Dubai Economy Starts Inspections In Livestock Market Ahead Of Eid Al Adha
The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economyhas started an inspection campaign in the livestock market in Al Qusais to protect consumers from exploitation and price manipulation in view of Eid AlAdha, when demand usually increases.

Nasdaq Dubai Welcomes Listing Of USD 1.5 Billion Sukuk By Islamic Development Bank To Support COVID-19 Interventions
Nasdaq Dubai welcomed the listing today of a 1.5 billion US dollar Sukuk issued by Islamic Development Bank, IsDB, to support COVID-19 relief initiatives.

Cabinet Approves National System For Sustainable Agriculture And Additional AED320 mn Budget For National Universities
In its meeting held remotely on Sunday, the Federal Cabinet approved a national system for sustainable agriculture and an additional AED320 million budget for national universities.

Innerfight State Of The Art Fitness Club To Open In Studio City
Just days after government officials announced that gyms may safely re-open in the region, one man has taken it a step further by opening a premium fitness club in Studio City, one of Dubai’s most desirable communities.

All economic sectors operating can return to normal working hours while adhering to precautionary measures
Announcement follows successful completion of National Disinfection Programme.

Dubai Chamber Launches CSR Programme To Help SMEs In Dubai Navigate COVID-19
Dubai Chamber of Commerce and Industry has launched its Business Mentoring and Support, BMS, Programme - a CSR initiative designed to help small and medium-sized enterprises, SMEs, in Dubai steer new challenges posed by the COVID-19 pandemic.

Grenada Opens Consulate In Dubai, United Arab Emirates
The Caribbean island of Grenada has opened a Consulate in Dubai, United Arab Emirates, to further develop economic, cultural and scientific ties between the two countries.

Nasdaq Dubai Welcomes Listing Of US$500 Million Sukuk By Sharjah Islamic Bank
Nasdaq Dubai today welcomed the listing of a US$500 million Sukuk by Sharjah Islamic Bank, SIB. The capital raised will support SIB’s activities and strategic development to cater to its customers in corporate, investment and retail banking.

UAE Proves Diversification Of The Economy In MENA Is Crucial
Middle Eastern economies are struggling to diversify. This is due to the fact that they have been over reliant on oil exports in the past decades, which has netted middle eastern countries huge revenues.

DFSA Publishes Cyber Thematic Review Report
The Dubai Financial Services Authority (DFSA) today publisheda thematic review report on cyber risks. The Report highlights a number ofimportant opportunities for operational risk management practices of Firms operating in the Dubai International Financial Centre (DIFC).

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