Dubai to host 5th Middle East dermatology conference ‘MEIDAM 2020’

Dubai will host the 5th Middle East International Dermatology & Aesthetic Medicine Conference & Exhibition “MEIDAM 2020”, under the patronage of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and President of the Dubai Health Authority. The event will be held at the InterContinental Hotel – Dubai Festival […]Read More

Downtown Dubai to celebrate New Year’s Eve with grand masterpiece

Emaar, the master developer of the Burj Khalifa, will celebrate New Year’s Eve with a grand masterpiece of fireworks and light & laser show on the world’s tallest building in Downtown Dubai. To ensure public health and safety for all visitors, Emaar will implement several preventative measures, including thermal cameras, social distancing, contactless payments and […]Read More

Abu Dhabi reports positive signs of tourism recovery

The Department of Culture and Tourism Abu Dhabi has announced significant increase in revenues from tourism activity in the capital in the third quarter of 2020. Findings from its quarterly industry development committee meeting revealed promising signs of sector recovery, as well as a glimpse into future projects and plans to boost tourism in the […]Read More

DIB rings market-opening bell to celebrate listing US$1 billion AT1

Dubai Islamic Bank, DIB, rang the market-opening bell today to celebrate the listing of a US$1 billion Sukuk on Nasdaq Dubai. The Sukuk achieved a strong 5.7 times subscription rate, attracting more than 150 high-quality investors from the Middle East and around the world. The profit rate of 4.625 percent per annum is the lowest […]Read More

Dubai Economy issues 32,158 new licences during first 10 months

The Business Registration and Licensing, BRL, sector in Dubai Economy issued 32,158 new licences during the first 10 months of 2020, an increase of 6% compared to the same period last year. Among the new licenses issued during the first 10 months, 57% were professional and 42% commercial. The numbers, recorded on the Business Map […]Read More

UAE President pardons 628 prisoners ahead of National Day

President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has ordered the release of 628 prisoners ahead of the UAE’s 49th National Day celebrations. The move comes as part of President Khalifa’s keenness to give pardoned inmates an opportunity to start a new life and ease the suffering of their families. The prisoners – sentenced […]Read More

Travel industry prepares to do business at WTM Virtual

Travel and tourism professionals from around the world will reconnect tomorrow (Monday, 9th November 2020) for the first day of WTM Virtual (9-11 November), a three-day virtual event for the international tourism community. Final preparations are being made for the online event which includes the Travel Forward Virtual and International Tourism & Investment Conference (ITIC). […]Read More

G20 concludes in Saudi Arabia; Italy takes over annual rotating

The leaders of the Group of Twenty (G20) concluded here today the 15th Virtual G20 Leaders’ Summit which was held on November 21-22, under the chairmanship of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud. Italy’s Prime Minister Giuseppe Conte delivered a speech, thanking Custodian of the Two Holy Mosques […]Read More

DGCX celebrates 15th anniversary, trades 154 million lots at value

Established in 2005, the Dubai Gold & Commodities Exchange, DGCX, today stands as the largest and most diversified derivatives exchange in the Middle East, providing guaranteed settlement and reduced counterparty risk through the Dubai Commodities Clearing Corporation, DCCC, a 100 percent owned subsidiary by DGCX. Over the last 15 years, the exchange has traded a […]Read More