Home UAE Dubai

Dubai

Dubai’s DEWA plans tender for 800 MW third phase of solar park

The tender for the project will be launched in the fourth quarter of 2015

Dubai ruler launches $3m Arab Reading Challenge project

The project will see over a million students committing to read 50 million extracurricular books during one academic year

Emirates NBD to offer banking services via Twitter

The service will allow customers to tweet the bank for enquiries about their current or savings account and credit cards

Dubai’s Juma Al Majid launches hospitality arm, takes over ex-Taj hotel

The former Taj Palace Hotel in Deira has now been renamed Jood Palace Hotel- Dubai

UAE car rental firm Massar launches pay as you drive app

New smart car app, available on Android and iOS, lets drivers pay only for the number of kilometres they use

Nakheel signs contracts worth Dhs 2.4bn for Nad Al Sheba project

The Nad Al Sheba project, which includes 1500 villas and serviced residences, is slated for completion in early 2018

New Filipino restaurant to open in Dubai

A survey found that less than 4 per cent of Filipino expats would pay up to Dhs 100 for a single meal

Commercial Bank of Dubai shareholders reject $750m Tier 1 bond plan

The bank said last month that its board had proposed the Basel III compliant bond, subject to shareholder and regulatory approval

Dubai’s IMG theme park installs 69 dinosaurs, set for 2016 opening

IMG Worlds of Adventure is set to become the world’s largest multi-brand indoor theme park when it opens

Dubai Mall store is Bebe’s best selling unit globally

Bebe’s Dubai outlets continue to be successful mainly due to the price points offered to customers, an official said

Dubai eyes China for lucrative incentive tourism market

The emirate hosted the International Dragon Awards in August, welcoming about 5,700 attendees

Dubai’s Union Properties seeks $123m loan to fund new project

The amount will be used to fund the 271-unit Oia residential project in the emirate

Nakheel inks deal with UK’s Premier Inn for new Dragon City hotel

This is the developer’s second hotel in Dubai that will be managed by Premier Inn

Jumeirah Golf Estates mulling the launch of second phase of AlAndalus residences

The second phase of the residential community will have larger townhouses, the chief executive of Jumeirah Golf Estates said

Dubai’s Nakheel says will complete most new projects in 3-5 years

The developer said property sales in Dubai were “as per expectations”

Revealed: Winners At The Gulf Business Industry Awards 2015

A total of 26 awards – judged by an independent panel and public voting – were handed to the winners

Dubai South unveils plans for Dhs 25bn village concept

The development forms part of The Villages concept, urban centres aiming to bring key amenities within walking distance

Burj2020 tower aims to be “diamond of Dubai” – Adrian Smith

Construction work on the tower is anticipated to begin next year

Prime Dubai property much cheaper than other cities – report

Factors including cheaper import costs for materials and a plentiful supply of land meant Dubai compared favourably to other locations

Tanmiyat Global launches twin tower development in Dubailand

The Skyline Towers comprise of 34 floors and will become Dubailand’s tallest structure when completed in 2018

Countdown begins for Gulf Business Industry Awards 2015

The awards ceremony will be held on Tuesday and the shortlists across all the categories have been revealed

What to expect at Cityscape 2015 in Dubai

Over 300 local and international exhibitors will be taking part of the three-day property extravaganza this year

Nakheel announces AVANI resort for Deira Islands project

Nakheel has partnered with the Minor Hotel group to develop the 500-room hotel, the first AVANI property in the UAE

Daman JV to invest Dhs 150m in GCC’s F&B sector

The joint venture, called ICON Arabia, is planning to bring 15 new food and beverage brands to the region

Dubai pay-TV firm OSN signs $400m five-year loan with 11 banks

The facility is split into two parts – a $255m term loan and a $145m revolving credit facility

Only 22% of housing units launched in Dubai in 2015 are ‘affordable’ – JLL

Significant efforts are needed to address the current imbalance in housing across the region, says JLL report

Emaar launches Creekside 18 residences at Dubai Creek Harbour

The project consists of 480 residential units with one, two and three bedroom apartments in two 37-storey towers

Dubai’s Damac launches Dhs36m luxury homes styled by Bugatti

The uber-luxurious limited edition villas will be located within Damac’s AKOYA Oxygen master development

Dubai Properties to launch new luxury residential tower 1/JBR

The project is scheduled to be completed by early 2019, the developer said

Troubled Atlas Jewellery seeks time to repay $136m debts

The Atlas default affects at least 15 banks, but sources say that reaching a deal would be tricky unless creditors can meet its founder, who remains in police custody