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DUBAI NEWS

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DIFC Records A 45% Rise In Islamic Assets, Marking Significant Year-On-Year Growth
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, and the number eight global financial centre, has marked a significant rise in Islamic assets being managed in the Centre.

Saif Bin Zayed Launches ’Behavioural Reward Programme’ Strategy
Sheikh Saif launched the strategy while chairing the second meeting of the lead team of the Department of Behavioral Rewards at the Ministry of Possibilities in Dubai.

Two Million Users Registered On Madrasa In First Year
Madrasa e-learning platform has attracted over two million registered users and garnered over 45 million views since its launch last October.

Dubai External Trade With Russia Grows 25% To AED 9.21b In 2018
Dubai external trade with Russia has witnessed rapid growth in the past few years, from AED 5.5 billion in 2016 to AED 7.38 billion in 2017 (37 percent) and in 2018 it made AED 9.21 billion, a 25 percent increase compared to 2017.

’The Body Coach’ Joe Wicks Attempting Guinness World Record For The Largest HIIT Class During Dubai Fitness Challenge
Be part of an attempt to set a Guinness World Record during Dubai Fitness Challenge (DFC), as it teams up with ’The Body Coach’ Joe Wicks to host the world’s largest high-intensity interval training (HIIT) class on Saturday 26 October.

Dubai Offers Instant VAT Refunds For Chinese Tourists
Chinese tourists to Dubai can now benefit from instant VAT refund capabilities at Dubai Airports via the We Tax Refund on the WeChat Mini Program, launched by Chinese tech giant, Tencent, and international payments service provider.

DIFC Announces Enactment Of Financial Collateral And Security Regulations
Dubai International Financial Centre (DIFC), today announced that the Board of Directors of the DIFC Authority has issued the Financial Collateral Regulations and Security Regulations which came into force on 1 November 2019.

Dubai Islamic Bank Group 3rd Quarter 2019 Financial Results
Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE, today announced its results for the period ending September 30, 2019.

Mashreq Posts AED 1.8 Bn Net Profit For 9M 2019
Mashreq, one of the leading financial institutions in the UAE, today has reported its financial results for the nine months ending 30th September 2019.

HE. Abdul Aziz Al Ghurair Elected As The Chairman Of The Board Of Directors Ahmed Abdelaal Appointed As CEO
Mashreq today announced two major leadership appointments. Mr. Abdullah Ahmed Al-Ghurair after serving for 23 years has decided to step down from the position of Chairman of Mashreq Bank though he will continue to be a board member.

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