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DUBAI NEWS

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Indian Nationals invest Dhs 83.65 billion in Dubai’s real estate in 5 years
Indian nationals, who form the largest foreign investor group in Dubai’s real estate, have bought properties worth Dh83.65 billion in the last five years.

ENOC Group Hosts Forum For Young Adults In Partnership With Dubai Youth Council
ENOC Group yesterday hosted a youth forum in partnership with the Dubai Youth Council, which engaged young adults on career prospects and insights on the future of the energy market.

Etisalat Forms Consortium Of Global Technology Leaders To Introduce 2nd Generation SDN/NFV Cloud
Etisalat today announced its plans of working with a consortium of global technology leaders to introduce a new vendor agnostic platform that will aim to provide cloud telecom infrastructure to host emerging futuristic technologies and services.

Cityland Mall To Launch In Q4 2018 And Showcase The World’s First ’Nature-Inspired’ Shopping Destination In Dubai
Cityland Mall which will be the world’s first ’nature-inspired’ shopping destination remains on track for opening in Q4 2018 with construction of the mall continuing at a consistent pace.

MBRIF Evaluating AED22 Million Investments In Q2 2018
The Mohammed bin Rashid Innovation Fund, MBRIF, an AED2 billion operated by the Emirates Development Bank, EDB, today hosted its strategy meeting with partners from the Ministry of Finance and members of its Advisory Board.

Dar Al Ber Unveils Two Endowment Projects In Dubai
Dar Al Ber Society has unveiled two endowment projects in Dubai, one of which has been fully financed by an Emirati philanthropist woman with AED8,250,000.

DIFC Hosts Second Dubai World Insurance Congress
Dubai International Financial Centre, DIFC, co-hosted the second edition of the Dubai World Insurance Congress, DWIC, on 27th-28th February, under the theme "Emerging markets, emerging technologies, emerging customers".

DAMAC Awards AED 600 Million Construction Contract For One Tower At Its AYKON City Master Development
DAMAC Properties has awarded a construction contract worth approximately AED 600 million to China State Construction Engineering Corporation (CSCEC) for the construction of one of the towers at AYKON City, DAMAC’s premiere luxury master development on Sheikh Zayed Roadoverlooking Dubai Canal.

Dubai Science Park Marks Rare Disease Day 2018 And Reaffirms Commitment To Supporting Medical Advancement In The UAE
Dubai Science Park (DSP), the science-focused business communityand part of TECOM Group, marks Rare Disease Day 2018 on 28 February in acknowledgment of the importance of supporting medical advances in the healthcare sector.

FTA Approves First Batch Of Tax Agents
The Federal Tax Authority, FTA, has approved the first batch of registered Tax Agents, after meeting the required standards, conditions and qualifications, in addition to passing the Authority’s tests.

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