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Fire damages shops, cars in Dubai industrial area

A fire broke out in Dubai’s Umm Ramool industrial area this morning

Dubai Parks begins construction of Six Flags theme park

Six Flags Dubai will include at least three world record breaking rides

Dubai Properties confirms CEO departure, Lahej to replace

Abdulla Bin Lahej, the former CEO of Emaar Properties, will replace Abdullatif AlMulla

Dubai Properties Group CEO AlMulla resigns – sources

AlMulla joined Dubai Properties Group in August 2015

Commercial Bank of Dubai closes $450m loan

The transaction replaced a three-year facility of the same amount and duration

Dubai’s Emirates begins several capacity and service upgrades

The airline is boosting capacity to Bangkok and Los Angeles from July 1

Legoland Dubai ride lineup revealed

The park will include 60 rides, shows, water slides, attractions and building experiences

Dubai airport passenger traffic rises 7.2% in May

In the first five months of this year, traffic expanded 7 per cent to 34.65 million passengers

Dubai’s Al Ghurair Centre adds stores under wider expansion

The Deira-based shopping centre plans several more openings in the coming months

Nepali billionaire hits out at Dubai’s Limitless, Nakheel for unfinished projects

However, the Dubai developers say his claims are “misleading”

Flydubai boosts Kuwait capacity for holiday traffic

Flydubai makes Dubai, Bucharest service daily

The move follows year-on-year passenger traffic growth on the route

Dubai property market will see upturn in 2017- KPMG

Dubai real estate transparency improves but more needed

JLL report awards city ‘semi transparent’ status and the most in the Middle East

Dubai hotels see 86% occupancy in May, but RevPAR drops

Average daily rates in hotels were down last month, finds EY report

Dubai’s RTA awards $2.9bn Route 2020 metro expansion contract

The route will consist of 15km of overground and underground track

UAE-based Propertyfinder acquires Moroccan portal

This is the company’s first acquisition since its $20m fund raise

World’s tallest tower Burj Khalifa introduces new mascot

Mr. Burj, a replica of the Dubai tower Burj Khalifa, will provide entertainment for young visitors

Malaysia Airlines CEO linked with Emirates

Reports have linked Christoph Mueller with a position leading Emirates’ digital strategy

10,000 hotel rooms to open in Dubai this year

The number may raise concerns of oversupply in the market

Dubai Expo 2020 site infrastructure work to begin this summer

Major construction on the site is expected to be complete by October 2019

Fire breaks out at Dubai construction site

The cause of the blaze is unknown

Mashreq awards deal for new Downtown Dubai HQ

Arabian Construction Company will construct the new 35-storey tower

Diamond Developers plans launch of sustainable apartments in Dubai

The developer is behind the Sustainable City project in Dubailand

Dubai’s DEWA awards deal for 800MW solar park to Masdar-led group

The third phase of Sheikh Mohammed bin Rashid al-Maktoum Solar Park will be operational by 2020

Dubai’s Jumeirah Golf Estates says phase one of Redwood Park sold out

Construction of the development’s first phase is 70 per cent complete

Dubai’s Damac awards 25 contracts worth Dhs 3bn in Q1 2016

The developer said it has awarded contracts for its Akoya Oxygen and Akoya by Damac projects

New Dubai Industrial Strategy to help generate Dhs 160bn by 2030

The strategy will focus on six sub sectors such as aerospace, maritime and aluminum, among others

Dubai’s RTA to open Abu Dhabi-bound bridge on Sheikh Zayed Road

Six lanes of the eight-lane bridge will be opened on July 1

Commercial Bank of Dubai closes in on up to $500m loan

The three-year loan will be used to refinance existing debt

Australian firm cuts almost entire Dubai workforce

The cuts came as a surprise to staff, with several recently hired to develop new roles in the Middle East

Emirates to introduce A380 on daily Dubai-Auckland route

The added capacity will meet growing demand on the route – the world’s longest