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Emaar Q2 profit falls 7.4% as Dubai property market cools

The emirate’s residential real estate market is down by at least a quarter since the middle of 2014

Over 296 million use public transport in Dubai in the first half of the year

Dubai Metro accounted for the highest number of users at 101.68 million

Dubai retail group GMG says its outlets saw double-digit growth during DSS

The company’s retail outlets include brands such as Nike, Sun & Sand Sports, and Supercare Pharmacy

Flydubai to launch daily flights to Krabi via Yangon later this year

The new daily service will begin in December and is being codeshared with Emirates

Dubai lender Emirates NBD to support Denizbank if capital increase needed

Emirates NBD now owns 99.85 per cent of the Turkish lender

Dubai’s DP World slams Djibouti’s plan to disregard international adjudications

The case has seen five rulings by London courts over the last three years

Dubai’s DIFC Courts announces changes to will registration rules

Will registrations will now cover investor assets across the UAE and outside the country

Dubai’s DIFC adds 250 companies, 660 new jobs in first half of the year

The total number of active registered firms in the centre now stands at 2,289

Baby dies in Dubai villa fire

The baby was sleeping in her room when the blaze broke out in the house in Al Barsha 3 on Sunday

Dubai launches ferry service to Sharjah

The ferry will operate 42 journeys (21 in each direction) everyday

Building the court of the future in Dubai: Amna Al Owais on leading DIFC Courts

From tech developments to international relationships, DIFC Courts has grown significantly in recent years

First official house sales and rental price index set to launch in Dubai

The first edition of the index called ‘Mo’asher,’ will be unveiled during the third week of September

Dubai’s Emaar launches fifth phase of expo golf villas priced from Dhs1m onwards

The project is scheduled for completion in September 2022

Dubai stock market touches eight-month high

The Dubai index was boosted by Emaar, which saw strong gains following its China deal

New midscale Holiday Inn hotel in Dubai’s Deira Islands to open in 2023

Hotel operator IHG is looking to increase its midscale offering in the Middle East

DP World’s Dubai shipping container volumes fall for fifth consecutive quarter

DP World blamed the drop on the loss of lower margin cargo and challenging market conditions

Dubai regulator says Abraaj probe focused on senior management

Dubai’s DFSA has been investigating Abraaj Capital over a range of matters

Dubai’s Emaar, Beijing Daxing airport sign deal for $11bn project

The agreement was signed on the sidelines of a state visit by Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed

Dubai’s RTA installs 100 solar-powered Nol top-up machines

Over one million people used nol card recharging machines during the first half of this year

Dubai’s Deyaar says two districts in Midtown project to be handed over this year

The two districts – Afnan and Dania – are nearing completion

New taxi-hailing service from Dubai’s RTA and Careem to officially launch in September

Up to 50 per cent of RTA’s taxi fleet will be bookable on the Careem app

Dubai developer Emaar to build 3D printed home in Arabian Ranches III

The move is part of efforts to “build faster and at a lower cost”

Dubai-based GEMS hires banks for $800m dual-currency bond

It has hired a group of banks to arrange fixed income investor meetings in London, the UAE and the US

Dubai lender Emirates NBD allowed to open 20 more branches in Saudi

Currently the bank has four branches in Saudi – two in Riyadh, one in Jeddah and one in Khobar

Dubai court sentences British woman to 10 years in jail for drug smuggling

The 31-year-old was reportedly carrying e-cigarettes filled with cannabidiol (CBD) oil

Dubai’s Emirates NBD’s Q2 profit surges on asset sale, forex gains

Second-quarter net profit jumped 80 per cent to Dhs4.74bn

Emirates to launch daily services to Mexico City via Barcelona this year

The new route, which will begin in December, will mark the airline’s first service to Mexico

Emaar accounted for largest share of all property sales in Dubai in H1 – report

The developer recorded 4,756 transactions cumulatively worth Dhs13.1bn in the first half of the year

Dubai International airport hit by brief power cut

The outage lasted for half an hour on Monday morning

Dubai Parks and Resorts posts 4.2% drop in H1 visits

International visits accounted for 40 per cent of the total