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Careem in talks to raise new funds, according to sources

The ride hailing app is reportedly looking to raise $500m from investors

DXB Entertainments expects brighter 2018

The company reported a $305m loss for last year

Former Gulf News editor sentenced to 10 years for killing wife

The family of the deceased expressed disappointment at the verdict, and hope the sentence is changed on appeal

DP World wins 30-year Congo port concession

An initial $350m will be invested to construct a 600-metre quay and a 25-hectare yard extension at the Port of Banana

Crown Prince launches latest edition of Dubai Future Accelerators

The fourth edition of the initiative matches 12 Dubai government entities with innovative institutions from around the world

Dubai Police arrests international gang for stealing more than $3m

The gang stole about 100 million Thai Baht from bank accounts in Thailand and other Asian countries

Dubai saves 323MW in electricity consumption during Earth Hour

This year’s saving represents a 32 per cent increase compared to 2017

Dubai Holding appoints new CFO in management reshuffle

Sharjil Anwar, the group CFO at developer Nakheel, will take on the new role

Dubai ruler enacts new DIFC trust and foundation laws

The new laws are designed to help families with their wealth and succession planning

Dubai set to open two new road bridges to ease airport traffic congestion

The bridges are located at the intersection of Marrakech-Airport Roads

Dubai’s Azizi awards Dhs925m contract for Azizi Riviera project phase 3

Construction of the phase is expected to be completed in Q3, 2019

Emirates deploys special ‘Year of Zayed’ aircraft to new Muscat terminal

Emirates was the first international airline to operate a flight to the new passenger terminal in Muscat

Dubai property market will see upturn in 2017- KPMG

VAT to have ‘limited’ impact on Dubai’s property sector

Up to 85 per cent of the components in Dubai’s real estate sector are not subject to the 5 per cent VAT

Dubai’s ruler breaks ground on world’s biggest concentrated solar power project

The 700MW project forms the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park

New road project costing Dhs474m set to open in Dubai

Stretching 25km, the road is an extension of Sheikh Zayed bin Hamdan Al Nahyan Street

Azizi to begin work on Dhs3bn 122-storey skyscraper in Dubai in Q3

The tower will stand at approximately 570m tall on Sheikh Zayed Road

UK teacher wins $1m global prize in Dubai

Andria Zafirakou, an art and textiles teacher from Alperton Community School, Brent, won the award

Emirates warns of heavy passenger traffic this weekend

The heavy passenger traffic is anticipated ahead of the spring break holiday

Dubai airline Emirates set to close $600m sukuk

The proceeds from the issuance will be used for aircraft financing and working capital

Dubai airport hikes parking charges

Rates have been increased for the “first time in a decade”

Dubai ruler replaces long-standing Municipality head

Hussain Nasser Lootah first took on the role of acting director general of the municipality in February 2006

Dubai’s Al Ghurair Centre to open 18-screen Reel cinemas complex

The new cinema complex is set to open its doors in the fourth quarter of 2018

LA court dismisses all claims in Viceroy and Five Dubai hotel dispute case

The dispute relates to a $1.17bn property on Dubai’s Palm Jumeirah

Video: World record for largest aerial projection broken in Dubai

The previous record was set in New York city

Dubai developer Azizi announces four new projects worth Dhs750m

The company is building its first project in Sports City and three at Meydan Avenue

Dubai aims to remove police officers from streets

The ‘police without policemen’ project will see the emirate’s police force use cameras and a surveillance blimp to fight crime

Dubai’s Damac issues tender for construction of second tower at Aykon City

The construction contract is expected to be awarded by May 2018

Dubai Chamber creates new retail business group

The group aims to protect the interests of retailers in Dubai and promote transparency in the sector

Dubai Mall’s newly expanded Fashion Avenue now open

The expanded area now features an additional 150 luxury brands

Job losses noted in Dubai’s construction and travel firms in Feb

However, monthly survey finds “strong and robust expansion” in business activity in Dubai’s private sector