Formerly isolated Eritrea is normalising foreign relations after signing a peace deal in July 2018 with neighbouring Ethiopia
Author: Varun Godinho
Video: Sheikh Mohammed receives Ivanka Trump at GWFD 2020
They discussed the W-GDP initiative launched by the White House as well as UAE’s role in the We-Fi initiative
DP World to delist from Nasdaq Dubai
Parent company Port and Free Zone World has offered to acquire DP World’s shares currently traded on Nasdaq Dubai
Why Chinese investors should set their sights on Dubai
As Chinese investors continue to look for lucrative real estate opportunities worldwide, Dubai could capture a larger slice of the pie
Healthcare group Aster gets approval for 100% ownership of its business in Dubai
The UAE has passed a new law granting complete ownership to foreign companies in approved sectors
No fee hike for private schools in Dubai next year – KHDA
A total of 295,148 students across 173 nationalities are receiving education in schools across Dubai
Dubai’s DWC posts 81.5% growth in passenger traffic in 2019
DWC welcomed 1.634 million customers during 2019, compared to 900,202 passengers in 2018
Dubai’s Deyaar reports 49% profit dip in 2019
The company posted net profit worth Dhs71.5m for 2019
Dubai’s Damac Properties posts net loss for 2019
The developer reported a net loss of Dhs36.9m for 2019
Malaysia’s largest Islamic bank Maybank launches first overseas branch in Dubai’s DIFC
The lender will focus on corporate financing, treasury and capital markets and trade finance
Dubai’s Operation Falalel to expand to New York, London, Paris
The restaurant brand expects to roll out its first unit in New York by Q2 2020
Dubai’s Emirates Investment Bank appoints new CEO
Former CEO Khaled Sifri, who joined the bank in 2008, resigned from his role in May 2019
Dubai’s Aramex posts flat 2019 net profit
The logistics and transportation service provider posted net profit of Dhs497.4m in 2019, compared to Dhs492.6m in 2018
Majority of UAE residents feel Expo 2020 will boost economy – survey
As many as 49 per cent feel that the Dubai Expo will enhance the country’s reputation as a business hub while 48 per cent feel it will lead to creation of more jobs
594 million use public and shared transport in Dubai in 2019
The share of public transport and shared mobility in people’s journeys scaled from 6 per cent in 2006 to 18.1 per cent in 2019
Dubai’s Emirates cancels flight to London due to Storm Ciara
Dozens of airlines have cancelled flights to London due to weather disruptions
Ivanka Trump to headline Dubai summit, meet Mideast leaders
Ivanka Trump will speak about opportunities for women in business at the Global Women’s Forum
Dubai waives certain government service fees to lower living costs
Some of the fees waived include those in the healthcare sector
Dubai airport retains title as world’s number one for international passengers
The airport welcomed over 86.3 million passengers in 2019, down 3.1 per cent compared to 2018
Dubai’s ENOC to open 22 new service stations across the UAE in 2020
ENOC plans to expand its retail network from its existing 136 service stations to 193 across the UAE by end of 2021
Affordable housing accounts for 41% residential sales in Dubai in 2019
The emirate registered 15,516 deals of residential properties valued below Dhs1m in 2019
Sheikh Mohammed allocates Dhs500m to improve quality of life in Dubai
Under new directives, 12 integrated residential councils will be formed as meeting points for UAE citizens
Dubai’s Al Jalila Children’s hospital launches genetic testing centre
The Genome centre will offer specialised genetic counselling to support patients, families, and other doctors
Dubai Aerospace secures $300m, five-year loan
The unsecured term facility will contain a conventional and an Islamic tranche, and can be upscaled to $600m