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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.

DFSA Invites Applications For Its 2019 Regulatory Sandbox Summer Cohort
The Dubai Financial Services Authority (DFSA) invites applications from local and international firms to apply to join the 2019 Summer Cohort.

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.

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.

IMF Regional Economic Outlook Report Calls For Accelerated Structural Reforms And Investment In Education And Technology
MENAP’s oil exporters are projected to grow at 0.4 percent in 2019, down from 0.6 percent last year, largely driven by a contraction in economic activity in Iran following the renewal of sanctions.

Emirates NBD Offers Real-Time Cash Deposit Credit To Businesses
Emirates NBD has become the first bank in the UAE to offer real time credits on AED cash deposited across its network of more than 240 Smart Cash Deposit Machines (SCDMs).

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.

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.

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.

Emirates Islamic Announces First 5 Lucky Tesla Winners Of Kunooz Savings Account Campaign
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the first five lucky winners of Tesla cars in its Kunooz savings account promotion campaign. The campaign ends on 30th April, 2019.

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