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DUBAI NEWS

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Noor Bank Lists US$500 Million Sukuk On Nasdaq Dubai
The Dubai-based bank’s latest Sukuk issuance is a five-year instrument that was oversubscribed 2.1 times following an international roadshow.

Representing A 5% Increase YOY
Etisalat Group today announced its consolidated financial statements for the three months ending 31st March 2018.

Dubai South Launches A Variety Of Initiatives To Stimulate Economic Growth
Dubai South has announced that it launched a variety of diverse initiatives that aim to attract investment and provide incentives to the private sector.

DAMAC Targets 15,000 Hotel Units In Operation By 2021, Bolstering Its Hospitality Offering In Preparation For Expo 2020 Demand
DAMAC Hotels & Resorts, the hospitality arm of DAMAC, is looking to boost its current portfolio of around 1,700 hotel units over the next 3 years, with the aim of delivering 15,000 units by 2021.

Aster Pharmacy And Aster Hospital Win Dubai Business Excellence Awards
Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, The Department of Economic Development (DED) organised the 24th annual Dubai Business Excellence Awards.

Points Partners With Emirates Skywards To Offer Members More
Points(TSX:PTS) (Nasdaq:PCOM), the global leader in powering loyalty commerce, today announced that it has launched a long-term partnership with Emirates Skywards, the loyalty programme of Emirates Airline.

flydubai Receives Industry Recognition
Dubai-based flydubai was recognised by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of flydubai for the contribution and support it has given to the development of Dubai as a global hub for aviation. Hamad Obaidalla, Chief Commercial Officer at flydubai.

Dubai To Host The Annual Telecom Leaders’ Summit
The summit’s aim is to enable the framing of practicable ICT strategies, to help reap maximum, long-term socio-economic benefit through a well-defined digital agenda and adoption of national and sector-specific digitization policies.

Abdullah Al Nuaimi: We Aim To Be No (1) In All Competitive Infrastructural Standards
Events of the 3rd MENA Transport Congress & Exhibition 2018 continued for the second day running, where several main, subsidiary and parallel sessions were held.

Public Transport And Environmental Challenges
The session witnessed six working papers; Akash Passay delivered the first, Senior President of Volvo International, Sweden under the headline: Improving Driving in Smart Cities: 10 Key Enablers).

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