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DUBAI NEWS

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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.

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.

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.

DIFC’s FinTech Hive Reveals ’Scale Up Programme’ For FinTech Startups
Through a series of collaborations with multiple partners, the programme provides start- ups with fast access to funding, access to partner resources, support services as well as connections to investor networks.

Emirates Islamic Contributes AED 5 Million To Erada Center For Treatment And Rehab
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has contributed AED 5 million to Erada Center for Treatment and Rehab, an organisation tasked with treating substance abuse and addiction.

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.

TRA Launches The National Cybersecurity Capacity Building Program
The Program also aims to develop the capabilities of youth in cybersecurity, whether professionals or those working in areas related to IT and Computing, or students and amateurs.

Dubai Healthcare City Announces Barraquer UAE Eye Hospital In Phase 2
Dubai Healthcare City today announces the first Barraquer UAE Eye Hospital in the Middle East, one of world’s leading eye clinics from Spain that will be located in the free zone’s Phase 2 expansion in Al Jaddaf.

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