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DUBAI NEWS

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UAE, WEF sign agreement to develop, support skills for a billion people globally
The UAE is one of the first countries to support the declared strategic goal, along with several other countries such as the United States, Denmark, and numerous major companies and international organisations.

Dubai Islamic Bank Completes Acquisition Of Noor Bank
Dubai Islamic Bank, DIB, today announced the completion of the acquisition of Noor Bank in a transaction structured through a share swap. As part of this agreement, DIB has issued 651,159,198 new shares to take its issued share capital to 7,240,744,377 shares.

RTA Starts Regulating Road Transport, Car Rental Activities In Dubai
Dubai’s Roads and Transport Authority (RTA) has issued the Administrative Decision No. 706 of 2019 in implementation of the Executive Council’s Resolution No. 47 of 2017 for regulating road transport and car rental activities in Dubai.

Emirates NBD Boosts AED 1 Billion Digital Transformation With New Milestone In Core Banking System Upgrade
Emirates NBD, a leading banking group in the region, has completed the third phase of its international core banking system upgrade, as it forges ahead with its ongoing digital transformation efforts to boost innovation and efficiency across its domestic and international operations.

Starting Regulating Road Transport, Car Rental Activities In Dubai
Dubai’s Roads and Transport Authority (RTA) has issued the Administrative Decision No. 706 of 2019 in implementation of the Executive Council’s Resolution No. 47 of 2017 for regulating road transport and car rental activities in Dubai.

By Decision Of Hamdan Bin Mohammed To Motivate The Citizens Of The Country Reducing Fees For Real Estate Brokerage Activity For Members Of The "National Mediator" Program
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, issued Council Resolution No. 4 of 2020 regarding fees for practicing some real estate activities for members of the "National Mediator" program.

DXB Increasingly China Ready After Welcoming Record Passenger Numbers
Dubai Airports is preparing to welcome a surge of thousands of Chinese travellers at Dubai International (DXB) ahead of the Chinese Lunar New Year weekend.

Al Tayer Opens Vehicle Testing And Registration Centre At Al Mamzar
His Excellency Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Dubai’s Roads and Transport Authority (RTA) opened AG Cars Testing and Registration Centre at Al Mamzar, Dubai.

Dubai To Host Largest Meet Of Audit Professionals From Around The World In April
Dubai is hosting the largest conference of internal audit professionals in the region with an expected attendance of more than 1,500 delegates from around the world.

SHUAA Leads Issuance Of GFH Financial Group $300 Million Sukuk
SHUAA Capital today announced that along with other parties, it had successfully priced and issued GFH Financial Group’s five-year sukuk at $300 million.

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