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DUBAI NEWS

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Brokerage House Securities Executes First Margin Financing Liability Transfer On DFM
In line with the regulations introduced by the Securities and Commodities Authority of the UAE on margin financing, DFM has recently implemented a new service for brokerage companies undertaking margin financing to transfer margin financing facilities between different brokerage companies.

Indian Student Enrolment Figures Rise Across Dubai International Academic City Universities
Amidst the strengthening trade exchange between the UAE and India, Dubai’s higher education institutions have witnessed a continued rise in the number of Indian students.

Emaar Malls Accelerates Digital Transformatio; Acquires Full Stake Of Namshi, The Leading Fashion E-Commerce Retailer In The Middle East
This follows acquiring the remaining stake of Global Fashion Group (GFG) in Namshi, in an all-cash transaction of AED 475.5 million (Euro 114.3 million; US$ 129.5 million).

DMCC announces 2019 international roadshows
The roadshows events were designed to help foreign business discover how they can grow their business in Dubai and beyond, and setting up a company in DMCC.

DEWA and DED sign MoU to support youth entrepreneurs through DEWA Store
Dubai Electricity and Water Authority (DEWA) has signed a memorandum of understanding with the Dubai Department of Economic Development (Dubai Economy) to support members of Dubai SME.

DFM nurtures culture of innovation amongst employees and participants
The sessions underline DFM’s commitment to actively participate in the Innovation Month.

Etisalat Unveils Robotic Centre Of Excellence During UAE Innovation Month
Etisalat today announced the launch of its Robotic Centre of Excellence that delivers a wide variety of automated solutions to boost efficiency and improve productivity leading to greater customer satisfaction.

Ahmed Bin Saeed Visits RTA’s Stand At City Walk, Inspects Safety Bus Programme
During the tour, HH inspected the Smart Safety Bus Programme developed to enhance the traffic awareness of students in Dubai schools.

Simplified Services For SMS Payment Of Parking Fees For Vehicles Registered In Other Emirates And GCC Countries
Dubai’s Roads and Transport Authority (RTA) has simlified the services for the payment of the parking fees through text messages.

Emirates NBD Group Recognised At Gulf Customer Experience Awards
Emirates NBD, a leading bank in the region was recognised for its efforts towards enhancing customers’ banking experience at the recently held Gulf Customer Experience Awards.

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