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DUBAI NEWS

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Dubai Islamic Bank successfully closes AT1 Perpetual Sukuk
The landmark issuance was subscribed nearly 5 times with around 40% interest generated from Asian and European investors.

ENBD REIT Announces Changes To Board Of Directors
The appointment of Mr. Al Mazroei follows the departure of Mr. David Marshall, who resigned from ENBD REIT’s Board of Directors in December 2018, as he seeks to focus his attentions on new business ventures in the UAE.

Dubai Land Department Signs MoU With American University In The Emirates
Dubai Land Department (DLD) signed a memorandum of understanding (MoU) with the American University in the Emirates (AUE), Dubai.

Dubai Land Department Holds Ceremony To Honour Real Estate Brokers In The Emirate
Dubai Land Department (DLD) organised a ceremony to honour real estate brokers operating in Dubai for their outstanding performance during 2018, according to a number of select categories.

Unique Valentine’s Day Experience At Emirates Golf Club
Treat a loved one to the ultimate Valentine’s Day experience on the lush greens of the championship Majlis golf course at the iconic Emirates Golf Club.

Dubai Duty Free Celebrates Chinese New Year In Style Two Winners Of US$1 Million And Finest Surprise Promotions Announced
Dubai Duty Free officially launched its Chinese New Year celebration today in Terminal 3 - Concourse B and Concourse C (Control Tower) of Dubai International Airport.

Etisalat Sets New Record As First Middle East Brand Portfolio To Break $10bn Barrier
Etisalat today received ’The Most Valuable Portfolio Brand’ in Middle East and North Africa (MENA) by Brand Finance as a recognition for the company’s impressive portfolio of brands becoming the first Middle East group to break the $10 billion barrier in terms of wider portfolio value.

Partial Closure Of Al Yalayis Road Due To Water Accumulation
To the users of Al Yalayes Road between Emirates Road and Sheikh Zayed bin Hamdan Al Nahyan St., please be informed that the road is still closed, from Emirates Road in the direction of Dubai Investments Park, due to water accumulation.

Regional Award For Trials Of Self-Driving Vehicles
Roads and Transport Authority (RTA) has won the Best Public-Private Project Award during the recent Gulf Traffic Exhibition and Conference held recently in the Dubai World Trade Center. The winning project was the Dubai Code of Practice for Self-Driving Vehicles.

Nasdaq Dubai Welcomes Listing Of USD 750 Million Sukuk By Dubai Islamic Bank
Nasdaq Dubai welcomed the listing today of a 750 million US dollar Sukuk by Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE. It is Nasdaq Dubai’s first Sukuk listing of 2019 and DIB’s seventh altogether on the exchange.

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