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DUBAI NEWS

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Commercial Bank of Dubai approves distribution of 20.7 percent of the bank’s capital as cash dividends
Commercial Bank of Dubai announced that its board of directors approved the distribution of 20.7 percent of the bank’s capital as cash dividends.

Limo Bikes And Convertible Limos Launched By Dubai Taxi Prove To Be A Huge Success During Winter
Dubai Taxi Corporation (DTC) at Roads and Transport Authority (RTA) revealed that the recently launched Convertible Limo and Limo Bike services proved a hit with commuters during winter.

Young Coders Take On ’Last Mile’ Mobility Challenge With Miniature Robots
Young problem-solvers from across the UAE are developing skills that could help them secure future jobs - while exploring issues surrounding 21st century mobility - with the help of Expo 2020 Dubai and a fleet of miniature robots.

Emirates Islamic Offers Upfront Welcome Bonus Of 100,000 Skywards Miles To New Infinite And Signature Skywards Card Customers
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, is offering new customers of their Infinite and Signature Skywards credit cards programmes an upfront welcome bonus of 100,000 Skywards Miles. The welcome bonus promotion runs until 28 February 2019.

Chief Justice Of DIFC Courts Reviews DLD’s Processes
HE Justice Zaki bin Azmi, Chief Justice of Dubai International Financial Centre Courts (DIFC Courts), paid a visit to the Dubai Land Department (DLD) where he was welcomed by HE Sultan Butti bin Mejren, Director General of DLD.

TRA Plants A Ghaf Tree On Its Main Entrance
This initiative is an expression of TRA’s commitment to the values of tolerance, giving and generosity, in addition to motivating its employees to promote these noble values and propose ideas and suggestions that enhance the value of tolerance among all segments of the UAE society.

Novus Aviation Capital Completes US$423m Financing Deal For Four Boeing 777-300ERs
Novus Aviation Capital, the global aircraft leasing and financing company, announced today that it has secured a limited recourse facility of US$423 million with BNP Paribas and MUFG Bank to finance its order of four Boeing 777-300ERs (Extended Range).

Emirates Islamic Holds Its 43rd General Assembly Meeting
Emirates Islamic (DFM: EIB), a leading Islamic bank in the region, held its forty-third General Assembly Meeting at the Emirates NBD Bank Head Office in Deira.

Hala China Oversees Signing Of Three Agreements Between China’s Hainan Province And Dubai To Boost Tourism Industry
Three Memorandums of Understanding (MoU) were signed this week by key political and tourism entities from the Hainan Province in China and Dubai at the Special Symposium on Tourism Exchange and Cooperation.

Using Robots In Cleaning Metro Station
Dubai’s Roads and Transport Authority (RTA) has embarked on using robots in cleaning metro stations as part of efforts to introduce new techniques driven by artificial intelligence technology.

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