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DUBAI NEWS

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Union Properties Reappoints Al Ramz Capital As Liquidity Provider
Union Properties, the leading property developer in the UAE and master developer of MotorCity, has reappointed Al Ramz Capital, a subsidiary of Al-Ramz Corporation Investments and Developments PJSC, as its liquidity provider following approval from Dubai Financial Market (DFM).

DEWA Organises Open Meeting For SME Suppliers
Dubai Electricity and Water Authority (DEWA) organised an open meeting with its suppliers from small and medium enterprises (SME), in line with its commitment to strengthen partnerships with its suppliers who contribute to the excellence of its operations.

DFM Achieves 97% Compliance In Listed Companies’ Disclosure Of Q1-2019 Results
Dubai Financial Market (DFM) today announced that its listed companies have recorded a 97% compliance regarding the disclosure of Q1-2019 results within the deadline of 45 days from the end of the period.

The TRA Celebrates The World Telecommunication & Information Society Day
The UAE Telecommunication Regulatory Authority (TRA) celebrated the World Telecommunication & Information Society Day under the theme "Bridging the Standardisation Gap".

Dubai Taxi Offers Umra Trips To Drivers
Dubai Taxi Corporation (DTC) is offering Umra trips to 25 taxi drivers during this Ramadan. The step, which coincides with the Year of Tolerance, reflects the keenness of DTC to bring happiness to drivers during the holy month of Ramadan.

Hosting Consumer Protection Seminar
Dubai’s Roads and Transport Authority (RTA) recently hosted an awareness-raising seminar focused on consumer protection. The Department of Economic Development (DED) in Dubai ran the event. The seminar mainly focused on RTA field inspectors.

Mohammed bin Rashid Space Centre Opens Registration For 22nd IAA Humans In Space Symposium
Mohammed bin Rashid Space Centre (MBRSC) announced opening early registration for the 22nd session of the International Academy of Astronautics (IAA) Humans in Space Symposium.

DFM Rebounds 3.5 Percent
Dubai Financial Market General Index rebounded in Tuesday’s trading session, closing up 3.5 percent to 2,613 points, underpinned by real estate and banking blue chips.

Majid Al Futtaim Lists World’s First Benchmark Corporate Green Sukuk On Nasdaq Dubai
Majid Al Futtaim today rang the market-opening bell at Nasdaq Dubai to mark the listing of the world’s first benchmark corporate Green Sukuk and the first Green Sukuk issued by a corporate in the region.

DMCC Tradeflow, TradeAssets To Mitigate Risk Of Online Transactions
DMCC, a Free Zone for commodities trade and enterprise, today announced its collaboration with TradeAssets, the first blockchain-powered trade finance e-marketplace of its kind for banks.

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