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Dubai Q1 Real Estate Transactions Total Dhs64bn, Indians Top Foreign Investors

Indian nationals accounted for Dhs3.040 billion of the total.

Dubai Financial Market Q1 Net Profit Falls 69%

The firm made a net profit of Dhs67.7 million ($18.4 million) in the three months to March 31.

Dubai’s DP World Eyes Dollar Bond – Sources

The Dubai-based firm could raise between $750 million and $1 billion from the bond.

Dubai ‘Can Take A Canopy’ Says Hilton Brands Chief

Hilton’s new neighbourhood brand targets districts with strong local flavour

Bloom Launches Dubai Marina Residential Tower

Construction work on the project is set to begin in the first half of this year.

SKAI Rebrands Jumeirah Village Circle Property To Viceroy

The newly branded hotel is scheduled for operation in 2018.

Dubai Parks And Resorts Partners With UK’s Merlin Entertainment For Lego Water Park

The water park is an addition to the under construction Legoland Dubai theme park, set to open in October 2016.

Dubai’s Noor Bank Sets Price Thoughts For $500m 5-yr Debut Dollar Sukuk

Initial price thoughts were set in the 140 basis points area over midswaps for the sukuk, which have an agency-based structure known as wakala.

Dubai Courier Aramex Q1 Net Profit Rises 10%

The company made a net profit of Dhs86.6 million in the first quarter of 2015.

Taiwan CPC To Set Up Oil, LNG Trade Units In Dubai, Qatar

The company expects to set up offices by the end of this year.

Egypt Arm Of Dubai Developer Emaar Reports Big Profit Increase

The subsidiary of Dubai’s Emaar said profits reached $22.65 million in the first quarter of 2015.

Emaar Launches Maple Townhouses In Dubai Hills Estate

The newly launched Maple community will feature 118 townhouses with three, four and five bedroom units.

Dubai World Trade Centre To Build Massive 15,500sqm Extension

The extension will expand DWTC’s multipurpose indoor capacity to over 122,000 square metres and add a 300-vehicle car park.

Lloyd’s Of London Targets Islamic Insurance Market

Lloyd’s will target Saudi Arabia and the United Arab Emirates to gain a foothold in Islamic insurance market.

Exclusive Interview: Nakheel’s Turnaround Man, Ali Rashid Lootah

Nakheel’s chairman reveals how he revived the company’s fortunes, and why he is confident Dubai’s property market will not crash again.

Rolls-Royce Wins $9.2 bn Engine Order From Emirates For A380s

The contract includes a long-term “Totalcare” package, which means Rolls-Royce will also provide service and maintenance to Emirates for the Trent 900 engines.

Dubai’s Amlak Finance Says Targets May For Trading Restart

Amlak’s shares have been suspended since November 2008 after the global financial crisis helped trigger a local real estate crash.

Some Banks Win, Some Lose In Dubai’s “Islamic Economy”

Dubai is planning to be a centre for an “Islamic economy” with sharia-compliant businesses ranging from banking , trade, food preparation, fashion, education and tourism.

Dubai’s Ruler Issues New Law On Aviation Safety

The law regulates the usage of laser, fireworks, light beams and drones in Dubai’s airspace.

Dubai’s Nshama Awards Dhs22m Deal To Al Naboodah For Town Square

Al Naboodah will carry out the complete earthwork grading for the 31 million sq ft project.

Emirates Launches Second Daily A380 To London Gatwick

Capacity rise on key London route coincides with arrival of its 60th A380 aircraft

Dubai’s RTA Begins Work On Dhs32m Cycling Track

The new track will connect the existing cycling path at Seih Assalam to Mohammed bin Zayed Road and onwards to Nad Al Sheba.

Mohamed Alabbar to acquire stake in YNAP from Richemont

Dubai’s Emaar Reelects Mohammed Alabbar, Eyes Bumper 2015 Profit

The listed developer also projected a higher profit forecast for this year and approved a cash dividend worth Dhs1.07 billion.

Dubai’s Emaar Properties Forecasts 2015 Profit Above Market Estimates

Emaar Properties expects a 2015 net profit of Dhs3.695 billion, higher than the Dhs3.366 billion average forecast.

Dubai Bank DIB Happy With Capital Base – CEO

The bank sold a $1 billion capital-boosting sukuk issue in January.

Stock News: Dubai Posts Biggest Daily Gain In 10 Weeks On Strong Q1 Results

The Dubai index jumped three per cent, hitting a two-month closing high of 3,942 points.

Deutsche Bank Fined $8.4m By Dubai Regulator

The regulator penalised Deutsche Bank on finding “serious contraventions” in the lender’s Dubai operations.

Over 80% Of Dubai Residents Faced Rental Rise On Contract Renewal

Over 60 per cent of residents plan to move to a new home before their next lease renewal, finds new survey.

Dubai Islamic Bank Q1 Net Profit Rises 34%, Beats Estimates

The bank made a net profit attributable to shareholders of Dhs816.7 million in the first quarter of 2015.

Dubai’s Deyaar Q1 Net Profit Rises 6%

The developer made a quarterly profit of Dhs55.2 million in the three months to March 31.