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Stock News: Emaar Unit Listing Plan Lifts Dubai

Emaar said on Monday it would list up to 25 per cent of its malls business on the Dubai Financial Market.

Emaar To Sell 25% Of Malls Business On Dubai Bourse

The firm said it had received regulatory approval for the listing, which will take place on Dubai Financial Market (DFM).

Dubai Tops Global Travellers’ List For Shopping, Hotels – TripAdvisor

The emirate beat New York and London to emerge as the favourite destination in the world for shopping.

Jumeirah To Enter Mauritius

New resort will open in 2018 and complements its two properties in the Maldives

Investors Will Bear Brunt If Dubai’s Property Market Crashes – Analyst

New report finds banks and property developers in the UAE are more conservative and better prepared this time round.

Dubai Index In Biggest Gain In 8 Months, Property Leads Rebound

The measure is now up 43.9 per cent this year and has tripled since the start of 2013.

Emirates Could Buy More A380s If Airbus Revamps Jet – Executive

The carrier placed a surprise order for 50 more of the jumbo jets during the Dubai air show in November.

Emaar, Vogue Plan Second Dubai Fashion Event In October

The three-day Vogue Fashion Dubai Experience, to be held in Dubai Mall, will include a talent hunt for 20 emerging designers.

First Look: Motorola Moto X

You can tell the model to find directions, set an alarm or open YouTube

Stock News: Dubai Extends Drop In Volatile Trade

Dubai’s index fell 5.5 per cent on Monday, its biggest drop in eight months.

World Free Zones Organisation Launches In Dubai

The global NGO, headquartered in Dubai, aims to boost international awareness of free zones.

Dubai Stock Market Posts Biggest Drop In 8 Months

The decline trims its 2014 gains to 44.1 per cent as 18 stocks fell by more than five per cent.

Dubai Developer Emaar’s Villa Sales Drop In Q1

The decline was partly offset by an increase in revenue from its hospitality and rental portfolio.

Dubai’s ICD Launches Upsized Sukuk, Smaller Bond Issue – Leads

The fund will now raise $700 million from an Islamic bond with a six year lifespan, up from the $500 million it had previously said it would raise.

Dubai’s Ruler Approves Dhs2bn Creek Front Project

The project will include a floating market, hotels, restaurants, art galleries and shops for Emirati handicrafts.

Dubai’s ICD Tightens Price Guidance Ahead Of $1bn Debut Bond

Investor orders worth around $2 billion have been placed so far, a document from lead arrangers said.

Omniyat Unveils ‘ME by Melia’ Hotel Designed By Zaha Hadid In Dubai

The hotel is part of the developer’s Dhs2.5 billion Opus project, located in the Burj Khalifa district in Dubai.

Emirates Says Interested In Buying Lufthansa Catering Business

Lufthansa, Europe’s largest airline by revenue, had put LSG Sky Chefs up for sale in 2012 but then abandoned the plans.

Lady Gaga Dubai Concert Censored To Respect Culture

Lady Gaga’s concert in Dubai is set for September 10.

Dubai Municipality, Emaar Plan Mega Beachfront Project In Dubai’s Al Mamzar

The mixed-use development is being planned around the 53-hectare Al Mamzar Lake.

University Of Dubai, IBM Partner To Set Up Smarter Cities Institute In Dubai

The institute will focus on skills development and research capabilities as Dubai targets becoming a ‘Smart City’.

Dubai Fund ICD Plans Sukuk, Bond Offering As Early As Wednesday

The fund aims to issue an Islamic bond with a six year lifespan and a conventional bond offering of 10 years duration.

Dubai To Become ‘Open Air Gallery’ Under New Initiative

Dubai’s ruler Sheikh Mohammed launched the first project under the emirate’s Brand Dubai initiative.

Damac Real Estate Q1 Net Profit Up 79% On Dubai Growth

The developer said that booked sales more than doubled year-on-year to $864 million in the first quarter.

UAE Outperforms Emerging Markets Driven By Non-Oil Sector Growth

The country’s manufacturing and hospitality sector have seen immense growth

Dubai Hotel Chiefs Dismiss Over Supply Fears Post Expo 2020

Although over supply fears are uncalled for, average Dubai room rates need to decrease, industry experts say.

Emirates Launches Fifth Daily Flight To Singapore

The Asian country has become an important gateway hub for the Dubai-based carrier.

Slow Q1 Growth In Dubai’s Property Prices, But Rents Continue To Boom

Implementation of the federal mortgage cap seems to be most effective in cooling prices, real estate consultancy Cluttons says.

Dubai Agrees $1.7bn Sale Of German Packaging Firm Mauser

Mauser was put up for sale earlier this year, having been bought by DIC from JP Morgan’s buyout unit in 2007, in a deal which valued the firm at 850 million euros.

Dubai Bourse Changes Trading Session Structure Ahead Of MSCI Upgrade

The move is expected to make closing prices more predictable and eliminate large last-minute swings, the bourse said.