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DUBAI NEWS

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Deploying 368 Smart School Buses To Serve 17 Schools
RTA’s Dubai Taxi Corporation (DTC) is well prepared to run smarter and bigger school transport service for the new academic year 2018-2019.

DFSA And Monetary Authority Of Singapore Sign Fintech Agreement
The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) today entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.

Standard Chartered To Pilot Industry’s First Blockchain-Based Smart Guarantees In Trade Finance
Standard Chartered announced today a collaboration with Siemens Financial Services, the financing arm of Siemens, and TradeIX, a digital trade provider, to carry out an industry-first client pilot to create an end-to-end blockchain-based smart guarantees proposition in trade finance.

DEWA Store On DEWA Smart App Provides Specials Offers For Customers
Dubai Electricity and Water Authority (DEWA) has launched DEWAStore on its smart app to provide exclusive offers and discounts to DEWA’s customers, in cooperation with a number of public and private sector companies.

DFSA, Singapore’s Monetary Authority Sign FinTech Agreement
The Dubai Financial Services Authority, DFSA, and the Monetary Authority of Singapore, MAS, on Wednesday entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.

Emirates NBD Launches DirectRemit To The UK
Emirates NBD’s remittance service is the fastest in the UAE and enables GBP transfers to Lloyds Bank accounts in less than 60 seconds and transfers to other UK based banks within an hour, via Emirates NBD Online Banking.

The Central Bank Warns Consumers Against Disclosure Of Their Credit Information
The Central Bank of the UAE (CBUAE) reminds consumers of their responsibility to protect their credit information and credit/debit cards from fraud and unauthorized use.

The Dubai Health Authority Calls On Health Professionals And Facilities To Renew Their Licenses In Order To Avoid Penalties
The Dubai Health Authority (DHA) called on health professionals and facilities to renew their DHA licenses to avoid any penalties.

Sustained Growth For The DIFC Courts As Value Of Commercial Claims Surge
The Dubai International Financial Centre (DIFC) Courts today released its key figures for the first half of 2018, with total a volume of 368 cases across all divisions, revealing a 64% increase year-on-year.

DAFZA Announces Strong 2018 H1 Business Results
The positive figures have been delivered as a result of DAFZA’s strategic plan set in early 2017, which comes in line with the ambitious objectives of the Dubai Plan 2021.

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