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Dubai World Central Signs Deals For Three New Hotels

The opening of Aloft, Studio M and Millennium will see the addition of around 1,300 new hotel rooms.

Dubai Among Top 5 ‘Most Improved Cities’ Since 2010 – JLL

The index identifies New York, London, Singapore, Paris and Hong Kong as the top five performing cities globally.

Dubai Falls In Global Luxury Property Price Rankings As Market Cools

Prime house prices in Dubai fell 1.1 per cent year-on-year in Q1 2015 while showing a 1.9 per quarter-on-quarter decline.

Emirates Airline 2014 Net Profit Jumps 40% On Lower Oil Price

The airline’s Chairman and CEO Sheikh Ahmed bin Saeed al-Maktoum said lower oil prices had saved Emirates around Dhs2 billion during the financial year.

Dubai’s Arabtec Names New Chairman

Abu Dhabi businessman Mohamed Thani Murshed Ghannam al-Rumaithi was elected as the new chairman.

Dubai’s DP World To Start Benchmark USD Bond Meetings Thursday

Sources told Reuters last month that the firm could raise between $750 million and $1 billion from the senior unsecured Reg S/Rule 144A issue.

Emirates: Working On “Point-By-Point” Rebuttal Of US Carriers Subsidy Report

The airline’s president Tim Clark states that its success is making Emirates a “scapegoat.”

Dubai Visitor Numbers Up 8.2% In 2014

New official report says a total of 13.2 million tourists visited Dubai last year.

Damac To Launch Mixed-Use Luxury Strip Vista Lux In Akoya

The project will house more than 2,000 hotel apartments and residences.

Nakheel To Build New Beachfront Resort In Deira Islands

The developer will partner with Spanish hotel operator RIU Hotels and Resorts to build an all-inclusive four-star resort in Dubai.

Dubai’s Emaar Properties Q1 Net Profit Rises 7%

The developer made a net profit of Dhs1.03 billion ($280.4 million) in the first quarter of 2015.

Dubai’s Damac Launches New Hotel Villa Concept Within Akoya Oxygen

Villas range from three to six bedroom units with prices starting at Dhs1.7 million.

Dubai’s Drake & Scull Wins $79m Engineering Contract

The mixed use project, in Dubai, is scheduled to be completed by 2016.

Dubai’s RTA Awards Dhs475m Contract For Mega Bluewaters Island Project

The contract has been awarded to build the bridges linking the project to the mainland.

Nakheel’s New Dragon City Project To Begin Leasing Retail Space

The developer is offering 1.3 million sq ft of new shop and showroom space in its mixed use development.

Bahrain-Dubai Joint Venture Closes Third Bombardier Deal

The deal for the leasing of three Bombardier Q400 NextGen planes is worth $94 million at list prices.

Nakheel’s Net Profit Rises 115% In Q1 2015

The company attributed the growth in profits to a strong performance by its development business.

Dubai Investments Posts 6.5% Q1 Net Profit Rise

The conglomerate said its net profit was Dhs282 million in the first quarter of 2015.

Dubai’s Emaar Malls Q1 Net Profit Rises 32%

The unit made a net profit of Dhs433 million in the first quarter of 2015.

Dubai’s ENBD Sets Pricing For $500m 5-yr Bond At Midswaps Plus 150 bps

The size of the issue was capped at $500 million and books exceeded $650 million with more accounts to respond.

Dubai’s Emirates NBD Sets IPTs For $500m, 5-Year Bond Issue

Rated Baa1/A+ by Moody’s and Fitch, ENBD has mandated HSBC, Morgan Stanley, Standard Chartered Bank and itself as bookrunners.

Dubai House Prices Down 2-3% In Q1 2015 – Asteco

Rents in the emirate, on average, remained flat during the first quarter of the year, the report found.

Dubai’s Nshama Launches ‘Safi’, Units From Dhs350,000 In Town Square

The new Safi community will feature studios and one, two and three bedroom apartments.

Dubai’s Ruler Approves Dhs500m Union Museum Project

The museum, located next to the Union House in Dubai, will showcase the events leading to the formation of the UAE.

UAE’s Dubal Holding Looks Into Buying Stakes In Energy Projects

The firm is looking for equity interests related to coal, solar, gas, and other alternative sources of energy.

Dubai’s DP World Says No Plans For Share Buyback

Earlier on Monday, shareholders approved a proposal to buy back a “limited number” of the company’s shares, according to a bourse filing.

Gloria Hotel To Embark On Dhs80 Million Revamp

Major four-star hotel to phase in room upgrades that reflect latest design trends.

Dubai’s DP World Says Shareholders Approve Limited Share Buyback

The approval was granted at the firm’s annual shareholder meeting, according to a bourse filing.

Dubai’s DP World Posts 4.4% Rise In Q1 Gross Container Volumes

Gross volumes totalled 15 million 20-foot equivalent units (TEU) in the opening three months of 2015.

Revealed: Top 10 Cities With The Highest Skyscraper Rents

Dubai is ranked 16th spot on the index, with prime office rents remaining flat since H2 2014.