Several Memoranda of Understanding were signed on the second day of the 19th Dubai International Humanitarian Aid and Development Conference and Exhibition (DIHAD) 2023. One of them was signed between the DIHAD Sustainable Humanitarian Foundation and the Malaysian Consultative Council of Islamic Organisations (MAPIM) to create a framework for cooperation in humanitarian projects. Another MOU […]
Emirates NBD Securities, the brokerage arm of Emirates NBD Group, has become the first securities brokerage in the region to offer seamless trading account opening through the Dubai Financial Market (DFM)’s digital onboarding application. This new application provides investors with an additional channel to open a trading account with Emirates NBD Securities, allowing them to […]
Deyaar Development, a Dubai-based real estate company, has launched a new seafront project called Mar Casa. The project, with a total value of AED1.1 billion, is a residential destination located in Dubai Maritime City, a place where heritage meets modernity. The project is connected to the old city, the financial center of Dubai, and the […]
The TECOM Group, a Dubai-based developer and operator of business communities, announced the approval of their financial statements for the year ending on December 31st, 2022. During the Annual General Assembly Meeting at Dubai Internet City, the Board of Directors approved a cash dividend of AED200 million for April 2023, bringing the total amount of […]
The Ministry of Human Resources and Emiratisation (MoHRE) and the General Pension and Social Security Authority (GPSSA) recently held a meeting to discuss the latest developments in the NAFIS programme. The NAFIS programme was established to support Emiratis who are currently employed in the private sector and jobseekers. The attendees emphasised the importance of protecting […]
Dubai Electricity and Water Authority (DEWA) has achieved impressive results in the latest Brand Finance rankings. DEWA’s brand value increased by 30% and the company was named as the second most valuable Middle Eastern utilities brand. The Brand Guardianship Index 2023 issued by Brand Finance also ranked Saeed Mohammed Al Tayer, MD and CEO of […]
The National Centre of Meteorology (NCM) in the UAE and the China Meteorological Administration (CMA) have signed a Memorandum of Cooperation (MoC) to enhance collaboration in meteorological science and technology and reduce the economic loss caused by meteorological disasters. The MoC was signed by Dr. Abdulla Al Mandous, Director-General of NCM, and President of the […]
The first youth-led event, “Road to COP28,” was launched under the auspices of H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and the Chairman of the Higher Committee for COP28 preparations, at Expo City Dubai. This event provides a significant opportunity for the youth of the country to gather […]
The Department of Municipalities and Transport (DMT) in Abu Dhabi has announced that it reduced service fees for real estate unit owners and investors in development projects by 6% in 2022. This reduction in service charges led to property owners and investors saving over AED37.2 million in 2022. Furthermore, DMT approved 319 of the total […]
Copenhagen Fashion Week is taking a bold step towards creating a more sustainable fashion industry. The organizers of the event have recently announced that they will be introducing new sustainability requirements for all participating designers starting in 2023. This move comes as part of the fashion industry’s growing efforts to address the environmental impact of […]
