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DUBAI NEWS

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RSA Provides Exclusive Discounts To DEWA Customers For Home And Contents Insurance Through DEWA Store
RSA, a leading provider of insurance services in the region, announced its partnership with Dubai Electricity and Water Authority (DEWA) to provide discounted home insurance premiums to its customers on DEWA Store on its smart app.

Dubai Maritime Cluster Office And The Irish Maritime Development Office Boost Maritime Collaboration
Under the MoU, DMCO and IMDO will jointly promote trade across global infrastructure and maritime spectrum as well as identify mutually beneficial initiatives in key maritime areas. Both parties agreed as well to work together on open innovation-based initiatives and programs.

DEWA Launches Tender For 900MW 5th Phase Of Mohammed Bin Rashid Al Maktoum Solar Park
The Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site solar park of its kind in the world. It will have a capacity of 5,000 MW by 2030 with investments of AED 50 billion. Through its projects, the park will accelerate Dubai’s expansion of solar power.

Dubai International Financial Centre Announces Enactment Of Investment Cell Company Regulations
Dubai International Financial Centre Authority ("DIFC Authority") announced that the Board of Directors of the DIFC Authority has issued the Investment Cell Company ("ICC") Regulations, which came into force on 1 May 2019.

Dubai Duty Free Going ’Back To Where It All Began’ With The 2019 Dubai Duty Free Irish Open
The 2019 Dubai Duty Free Irish Open will be laced with nostalgia for the leading airport retailer’s Executive Vice Chairman and CEO Colm McLoughlin.

Emirates Islamic Observes World No Tobacco Day
In association with the Ministry of Health and Prevention in the UAE, Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today marked World No Tobacco Day by offering free medical consultations to its employees.

Emirates NBD’s New Virtual Reality Academy Bolsters Staff Training Capabilities
Emirates NBD, a leading banking group in the region has introduced a Virtual Reality (VR) Academy that enables the bank to provide a more intuitive and engaging learning experience for its employees.

Dubai International Financial Centre Enacts New Employment Law
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, enacted on 30 May a new DIFC Employment Law, Law No. 2 of 2019, the Dubai International Financial Centre (DIFC).

The UAE Participates In The ITU Council Session 2019
A UAE Delegation headed by H.E. Hamad Obaid Al Mansoori, the Director General of the Telecommunications Regulatory Authority (TRA), has participated in the International Telecommunication Union (ITU) Council Session for 2019.

Dubai International Financial Centre Enacts New Insolvency Law
The newly-enacted law compliments the DIFC’s commitment to international best practice, with the Insolvency Law aiming to balance the needs of all stakeholders in the context of distressed and bankruptcy related situations in DIFC.

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