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DUBAI NEWS

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DFM Company Posts Net Profit Of AED 28.1 Million In Q1, 2019
The Company’s total revenue has decreased by 21 percent to AED77.9 million in Q1-2019 compared to AED99.1 million during Q1-2018.

Dubai Government Fees, Fines Collections Can Be Paid In Instalments
According to the Resolution, relevant government entities are tasked with preparing lists for fees and fines that can be paid in instalments and submitting them to Dubai’s Department of Finance for approval. The lists must comply with the Department of Finance’s policies and procedures.

Dubai Duty Free Wins Business Traveller M.E. Award For Best Airport For Duty Free Shopping In The Middle East For The 18th Consecutive Years
Dubai Duty Free was named the Best Airport for Duty Free Shopping in the Middle East for the 18th consecutive year at the recently concluded Business Traveller Middle East (BTME) Awards held at the Grand Plaza Movenpick Media City in Dubai on 28th April.

Hosting International Conference Of Deep Foundations Institute
Dubai’s Roads and Transport Authority (RTA) hosted the International Conference of the US-based Deep Foundations Institute (DFI) at its Head Office on 24-25 April 2019.

Processing Half A Million Home-Delivery Services To Clients
Dubai’s Roads and Transport Authority (RTA) announced that it had processed 572,585 home or office-delivery services to clients. It had also received and processed 856 WhatsApp transactions; a service launched a few weeks ago.

Announcing Services Timing During Ramadan
Roads and Transport Authority (RTA) announced changes to the business hours of all its services during the holy month of Ramadan.

Nasdaq Dubai Welcomes USD 1.5 Billion Sukuk Listing By Islamic Development Bank
Nasdaq Dubai welcomed the listing today of a 1.5 billion US dollar Sukuk by Islamic Development Bank (IDB). The listing underlines Dubai’s role as the largest centre globally for Sukuk listings by nominal value currently totaling 60.89 billion US dollars.

Dubai Duty Free Celebrates World Day For Safety And Health At Work Launched Three Health And Safety Initiatives
Aligning with the spirit of World Day for Safety and Health at Work, Dubai Duty Free employees gathered on 28th April to commemorate the event in the company’s auditorium.

Over 15 mn Passengers Through Dubai In Q1 2019
A total of 15,350,000 travellers passed through points of entry and exit in Dubai in the first quarter of 2019, according to the General Directorate of Residency and Foreigners Affair, GDRFA, Dubai.

Total Value Of Contracts Provided By Dubai SME For GPP Members Hits AED860 Million In 2018
The value was AED1.5 billion in 2017, 44.5% higher than the AED857.76 million recorded in 2016. For the first time, the value of the contracts exceeded the one-billion-dirham mark.

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