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Dubai developer confirms work on huge man-made lagoon to begin next year

Schon Properties will complete the design of the 20,000sqm lagoon by end of the year

Emirates NBD approves 40% dividend

Dubai lender Emirates NBD posts flat Q3 net profit

The bank made a net profit of Dhs1.66bn in the three months to September 30

Emirates ID to soon replace insurance cards in Dubai

The move is expected to be implemented in the first quarter of 2017

Dubai reaches 100,000 hotel rooms

The emirate was previously expected to hit 100,000 rooms in May

Live: Updates from Gitex 2016

All the latest news from the 36th edition of the Gitex technology exhibition

Dubai introduces new rule for property advertisements

Real estate developers and agents are now required to get a permit for property advertisements

Dubai Safari opening pushed back

The park was originally intended to soft launch this month

Dubai bank Emirates NBD joins India’s ICICI on blockchain project

The technology will be used for global remittances and trade finance

Damac says it has handed over Dubai South’s first project

Damac’s Maison de Ville Tenora hotel apartments project is now complete

Dubai seeks licence for world’s first Islamic trade finance bank

Emirates Trade Bank will specialise in international trade and commodity financing

Nakheel opens Jumeirah Village Circle/Hessa Street road access

Around 25,000 people currently live in Jumeirah Village Circle

Dubai’s Emirates forges codeshare deal with Brazil’s GOL

The new deal comes following delays to a planned partnership with Panama’s Copa Airlines

Dubai launches international Islamic endowments body

The Awqaf International Organization aims to coordinate commercial efforts of sharia-compliant charitable foundations

Dubai startup HolidayME.com gets $7m funding

Investors include Silicon Valley based VC firm Accel Partners and Saudi-based F&C Overseas Investment

Dubai Taxi Corp to introduce free WiFi across its fleet

The service will initially be available to the firm’s limo passengers

Dubai Financial Market issues draft rules on sharia-compliant hedging

The rules aim to expand guidance on transactions that currently lack standardisation

Video: Sheikh Mohammed breaks ground on world’s new tallest tower in Dubai

The Tower at Dubai Creek Harbour is expected to be the world’s tallest tower in 2020

Pictures: Dubai’s Nakheel launches Club Vista Mare on Palm Jumeirah

The Dhs120m beachfront project includes seven cafes and restaurants as well as 33 studio units

Cargo boat sinks after Dubai Creek fire

Dubai Civil Defence said the fire broke out at 1:13pm

Dubai developer launches one-bedroom apartments for Dhs799,000

Shaikhani Group has launched the new units at Gardenia Residency in Jumeirah Village Circle

Dubai residential market has bottomed out – JLL

Stable prices and rents in Q3 suggest the market has reached the bottom of its cycle, according to the firm

Challenging conditions prompt Dubai shift to smaller office space

Landlords in the emirate are dividing up floors to attract firms concerned about staff and space requirements, says JLL

Dubai Municipality approves projects worth Dhs15.6m

The projects include a new municipal services office in Al Aweer and a women’s fitness club

Dubai builder Drake & Scull appoints new CEO

Khaldoun Tabari will continue to serve as a non-executive board member and vice-chairman

Nakheel opens first hotel at Ibn Battuta Mall

The 372-room Premier Inn is the first of two hotels at the mall

Video: Dubai businessman pays nearly $9m for a number plate

The D5 number plate attracted significant interest at an auction yesterday

Sheikh Mohammed launches new global tolerance initiative

The initiative will include an award to “honour champions of tolerance throughout the world”

Dubai Properties launches new ‘cluster home’ community in Dubailand

The Villanova project comprises a number of clusters, each featuring four different unit types within an enclosed court

RTA completes Dhs250m Dubai Parks and Resorts bridges project

The project included the construction of two bridges to connect the new theme park complex

Dubai airport aims for 90 million passengers in 2017

Dubai Airports’ CEO says DXB could meet its 2020 target next year