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Dubai economy grows 2.7% in 2016, faster growth expected in 2017

Sheikh Ahmed said the emirate would announce its economic outlook twice a year from now onwards

Work on phase 3 of Dubai’s mega solar park to begin this month

Construction of the 16 sqkm 800MW project will occur in three stages

New units to hit Dubai property market recovery in 2017

Around 70,000 new are units expected to be delivered in Dubai between 2017 and 2019

Emirates to launch daily A380 service to Brazil’s Sao Paolo

Emirates becomes the first ever to operate a scheduled commercial A380 flight to South America

Dubai’s DP World signs logistics agreement with Kazakhstan

They will develop a special economic zone in the Caspian Sea city of Aktau

Dubai Properties launches large villas in its Villanova project

The new villas – La Quinta – form the second phase of the Villanova project in Dubailand

Dubai hourly car rental service returns after suspension

Udrive first launched a pay-per-use car rental service in the city in March 2016

Expo 2020 Dubai begins roll-out of its $100m Expo Live programme

The programme will help “fund, accelerate and promote creative projects”

Emirates NBD Q4 net profit dips 13%

The bank reported a 2 per cent rise in annual net profit for 2016

Dubai Trump International Golf Club to open next month

Among the facilities at the site will be Trump themed restaurants

Dubai’s Nakheel invites construction proposals for $1.36bn Deira Islands Boulevard

The development includes 2,924 apartments and townhouses spread across four clusters

Dubai Taxi Corp, AAA partner for smart vehicle recovery app

The new system will offer roadside assistance via a smart app

Dubai named world’s best-selling Rolls-Royce dealership in 2016

Rolls-Royce Motor Cars announced its second highest ever annual sales results in 2016

Pictures: Royal Continental Hotel opens first Middle East property in Dubai

The four-star property is Shariah compliant and features 68 rooms and suites

Dubai property market will see upturn in 2017- KPMG

Real estate transactions in Dubai hit Dhs259bn in 2016

Dubai’s market recorded a total of 60,595 real estate transactions in 2016

Dubai’s Emirates introduces paid access to its lounges

Passengers can pay to access the carrier’s first and business class lounges in Dubai

Dubai issues over 26,700 new business licences in 2016

The number of licences renewed in 2016 stood at 107,043

French burger brand Big Fernand eyes Middle East expansion

Big Fernand opened its first Dubai outlet last year

Investment Corporation of Dubai invests in Swiss banking app Centralway Numbrs

Centralway Numbrs CEO Martin Saidler said the company planned to use the backing to roll out new features

Dubai’s Emirates to begin daily flights to Zagreb

The airline said it expected the new daily service to also benefit travellers in Slovenia and regions of Hungary and Austria

Trump turns down $2bn proposal from Dubai’s Damac

The US President-elect is seeking to distance himself from his business empire

Dubai’s RTA signs deal with Uber to explore cheaper transport options

The partnership could eventually see Uber’s pool service and driverless cars come to Dubai

DIFC, Accenture launch new fintech accelerator in Dubai

The new initiative, called FinTech Hive, will focus on providing mentorship to start-ups and entrepreneurs

Dubai reveals new public parking rates for commercial areas

December business conditions improve in Dubai but little job growth

Emirates NBD noted a jump in construction activity and sentiment during the month but relatively little job growth

Dubai’s JAFZA introduces more flexible regulation for free zone firms

The new rules reduce capital and other requirements for companies setting up in the zone

Dubai Business Events says 2016 was most successful year to date

The bureau said it won more than 100 bids and proposals for upcoming conferences, meetings and incentive trips

Calorie information to be introduced at Dubai restaurants

Food labelling is being introduced to encourage healthy eating, according to reports

Dubai finalising loans for airport expansion and Expo 2020

The government is due to get commitments from banks over the next two weeks for a $3bn loan

Nakheel signs deal with Centara for Dhs500m Deira Islands resort

The resort is anticipated to have a soft opening in 2019 and a grand opening in 2020

Investment Corporation of Dubai expected to issue dollar bond this month

The company holds stakes in Emirates Airline and Emirates NBD