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DUBAI NEWS

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Leading UAE Authorities, Financial Exchanges Form Working Group To Advance Sustainable Finance Practices, Investments
In a bid to support positive economic, social and environmental impacts and advocate sustainable finance and investments for the long-term growth of the UAE economy.

Wethaq Launches First ’Fintech’ Sukuk On Its Market Infrastructure Using SWIFT gpi Link
Wethaq announced that it has issued the first pilot Sukuk on its securities market infrastructure for the Islamic capital markets under the supervision of the Dubai Financial Services Authority on Sunday, 17th November.

"Fujian Brands On The Maritime Silk Road" UAE Station Will Be Held From November 25th To 28th
The 2019 "Fujian Brands on the Maritime Silk Road" series (United Arab Emirates Station) hosted by the Fujian Provincial Department of Commerce will be held at the Dubai World Trade Center on November 25-28.

ADS Securities L.L.C. Strengthens Anti-Money Laundering Compliance Program With FinScan’s Automated Screening Technologies
FinScan will assist ADSS, which is based in the UAE capital Abu Dhabi with offices in Europe and Asia, with its financial and monetary brokerage business.

DFM Launches Guidance On Environmental, Social And Governance (ESG) Reporting
Dubai Financial Market (DFM) today launched its Guide on Environmental, Social and Governance (ESG) Reporting, as part of its endeavor to promote issuers’ expansion in embracing ESG best practices.

Mohammed Bin Rashid Attends Launch Of Smart Corporate Social Responsibility Platform
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, attended the launch of the Smart Corporate Social Responsibility Platform at the ongoing 3rd UAE Government Annual Meetings, which started in Abu Dhabi Monday.

flydubai Secures USD 500 Million Term Financing Facility
Dubai Aviation Corporation, (trading as "flydubai") successfully completed a USD 500 million 5-year Term Financing Facility on 14 November, 2019.

DP World Chairman Rings Nasdaq Dubai Market-Opening Bell Celebrating Sukuk, Bond Listings Totalling US$2.3 Billion
Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, rang the market-opening bell at Nasdaq Dubai today to celebrate the listings of two Sukuk and two conventional bonds with a total value of US$2.3 billion.

Abu Dhabi Securities Exchange (ADX) Allows Pattern Day Trader (Short-Term Trading) And Quadruples The Value Of Invested Capital And Returns
Abu Dhabi Securities Exchange (ADX) has given approval for Pattern Day Trader (short-term trading) earlier this week.

Oxford Business Group To Launch New Report On Dubai’s Economy
The global research and advisory firm Oxford Business Group (OBG) will launch The Report: Dubai 2020, its new analysis of the emirate’s economic development and investment opportunities, on Monday December 9 at Nasdaq Dubai, The Exchange Building, DIFC.

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