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DUBAI NEWS

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DFSA Imposes Restrictions On FFA Private Bank (Dubai) Limited
The Dubai Financial Services Authority (DFSA) announced that it has imposed restrictions on FFA Private Bank(Dubai)Limited(FFA)prohibiting it from receiving,arranging or executing orders from or on behalf of specific clients.

Deadline For Providing Beneficial Owner Data Extended To 30 June, Says Dubai Economy
The last day for all registered businesses in Dubai to add their Beneficial Owner data to the commercial registry has now been extended to the 30th of June 2021.

Pakistan Pavilion’s Theme And Logo Unveiled For Expo 2020 Dubai
Pakistan has unveiled its logo for Expo 2020 Dubai and the theme at a grand media unveiling event in the presence of ministers and top government officials.

DLD Adopts And Recommends WELL Health-Safety Rating Across Emirate’s JOPs
Dubai Land Department (DLD)has continued its tireless efforts to promote world-class health and safety standards in the emirate’s properties by officially adopting the WELL Health-Safety Rating,

DLD: May 2021 had 4,429 Transactions Worth AED 11.11 Billion
Dubai’s real estate market has achieved a new record, the highestover the pastfouryears in terms of the value of real estate sales transactions.

Summary Of Weekly Real Estate Transactions For The Week Ending 17 June 2021
The real estate and properties transactions valued at 5billion in total during the week ending 17 June 2021. The sum of transactions was 1,921.

SH Capital Ltd Secures DIFC Brokerage Licence To Empower SMEs
SH Capital, a leading provider of digital treasury services management, has been formally granted its Category 3A Dubai International Financial Centre (DIFC) licence, allowing them to begin trading imminently.

DLD’s ’Real Estate Updates’ Bulletin Highlightsreal Estate Sector’s Sustainable Investment Attractiveness
Dubai’s real estate sector has continuously proven its attractiveness to investment and its flexibility in adapting to various developments, thanks to the legislative environment and infrastructure created by the policies and directives of the wise leadership.

Nasdaq Dubai Welcomes Listing Of $750 Million Bond By Emirates Development Bank
Nasdaq Dubai today welcomed the listing of US$750 million bonds by Emirates Development Bank, a key financial enabler of the country’s economic diversification.

Smart Dubai Joins C40 Remote Global Roundtable To Discuss Use Of Data And Technology To Manage Future Waves
The session explored how advanced technology and data science was used to combat the COVID-19 pandemic in Dubai and how it can help cities better manage any potential future challenges.

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