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China strengthens fintech cooperation with Dubai through new agreement with DIFC

Jiaozi Fintech Dreamworks and DIFC will collaborate on key sectors such as blockchain, artificial intelligence, big data and cloud computing

Dubai Customs furnished 452,000 insurance refund requests in H1 2020

The insurance refund requests were valued at Dhs3.2bn

Dubai

Dubai’s real estate sector records transactions worth Dhs72.5bn in H1 2020

In H1 2020, 4,536 women investors completed 5,112 investments worth Dhs6.6bn

Sheikh Mohammed

Sheikh Mohammed pardons 203 prisoners to mark Eid Al Adha

The prisoners will be released from Dubai’s correctional and punitive establishments ahead of the occasion

Smart city projects receive public stamp of approval

Majority of citizens of global cities support facial recognition to fight crime

Dubai’s Emirates to be first airline to offer free cover for Covid-19 medical costs for passengers

The cover for Covid-19 related medical expenses and quarantine costs is offered to all its customers regardless of class of travel or destination

dubai-international-airport-runway

Prior Covid-19 tests mandatory for all passengers arriving or transiting through UAE airports

Children under the age of 12 and those with severe or moderate disabilities will be exempted from the mandatory tests

Dubai’s Emirates to resume flights to Seychelles from August 1

Flights will operate to Seychelles five times a week with Boeing 777-300ER

Dubai Islamic Bank posts 23% dip in net profit for H1 2020

The bank’s total income worth Dhs6.8bn for the first half of 2020 also fell 2 per cent from Dhs6.98bn in H1 2019

Dubai’s Emirates NBD lists $750m bond on Nasdaq Dubai

The perpetual bond is callable after six years and pays a coupon of 6.125 per cent

Cebu Pacific issues guidelines for travel between Dubai and Manila

Non-adherence to these guidelines may result in passengers being denied check-in or boarding for the flight

Dubai skyline

Intelak Hub set up to support travel, tourism startups in Dubai

Intelak Hub merges Intelak Incubator, Idea Lab with the Futurism Accelerator programme

Chinese School Dubai

First Chinese national curriculum overseas school to open in Dubai this September

Located in Mirdif, the school will be the the first overseas Chinese school to receive financial support from the Chinese government

Dubai’s Emirates SkyCargo operates over 10,000 flights in 3 months

The flights facilitated the movement of essential commodities and other supplies for individual consumers and businesses worldwide

Dubai Food Security

Dubai’s external food trade valued at Dhs32bn in H1 2020

The emirate’s food imports reached Dhs22bn, while exports were recorded at Dhs5.5bn and re-exports amounted to Dhs4.5bn

Dubai’s Emaar removes all job titles, with Alabbar also dropping his title of chairman

Alabbar said new business cards issued to employees will simply state their name with the department

Dubai’s Emirates to resume flights to Stockholm from August 1

The airline’s passenger network will broaden to 63 destinations in August

Dubai’s Amanat agrees to sell Middlesex University Dubai

The value of the transaction remains undisclosed

Emirates Holidays introduces new measures to offer customers increased flexibility

Emirates Holidays has also introduced video appointments, to facilitate and personalise travel support

Emirates NBD posts 45% dip in net profit for H1 2020

Net interest income worth Dhs9.3bn improved 36 per cent year-on-year in H1 2020

Oman’s tourism arm ends deal with Damac for waterfront project

Damac International is a joint venture between Damac and DICO Group

Dubai Chamber announces task force to manage late payments issue

The task force will explore the causes of late payments, raise awareness and encourage the adoption of best payments practices

Sheikh Hamdan

Sheikh Hamdan reveals best and worst Dubai government entities to work at

The average employee happiness at Dubai government entities was found to be 85 per cent

New ‘DUBAI ASSURED’ stamp to confirm health protocols at hotels, restaurants and tourist establishments

The stamp is issued free of charge and is valid for 15 days

Dubai’s Emirates to resume flights to four more cities

The carrier’s passenger network will grow to 62 destinations in August

DP World

DP World lists $1.5bn sukuk on Nasdaq Dubai

The capital raised by the sukuk will be used for general corporate and growth purposes including refinancing debt

MEBAA aviation show

MEBAA business aviation airshow will be held this December in Dubai

It will take place from December 8-10, 2020, at the DWC, Airshow Site in Dubai

Property prices in Dubai ease out in H1 2020

According to the Dubai Land Department, 15,897 sales transactions were recorded in Dubai between January to June 2020

Dubai’s Emirates’ A380s take to the skies

The carrier resumes A380 flights to London and Paris, and announces A380 services to Amsterdam

IESF

UAE government signs agreement with IESF to promote tolerance in esports

An IESF Global Commission of Tolerance and Coexistence in Esports will be formed as a result of the agreement