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Dubai To Sell 15-Yr Benchmark Sukuk

Initial price thoughts on the Islamic bond have been set between 5 and 5.125 per cent.

JW Marriott Marquis Hotel Dubai Looks Beyond ‘Finite’ GCC

Newly installed general manager wants a broader range of guests and seeks to capitalise on Emirates’ global network

Deyaar Launches Hotel Tower In Dubai’s Business Bay

The launch continues Deyaar’s move into the hospitality sector.

Dubai Real Estate Investment Up 57% In Q1 2014

Emiratis invested around Dhs7 billion in Dubai property while Indians continued to be the top foreign investors with transactions worth Dhs5.8 billion.

Nakheel Awards Dhs47m Contracts For Deira Islands Project

The developer has appointed AE7 for design, supervision, architectural and engineering services.

Emirates To Cut 41 Flights During Dubai Airport Runway Upgrade

The 80-day renovation programme at the airport will begin on May 1.

Expert Warns Dubai To Regulate Off-Plan Property Market

Rising volumes of cash transactions and off–plan sales could inflate prices to 2008 levels, an expert has said.

Dubai Restaurant Zuma Bans Cigar Smoking

Cigarettes are still allowed within the restaurant’s bar and lounge areas.

Exclusive: No Negative Feedback From Tourism Dirham: Dubai Tourism Chief

The new charge, varying between Dhs7 and Dhs20, was introduced on March 31 and is applicable per room per night across hotels in Dubai.

Dubai Rental Growth To Continue In 2014

Residential rental growth is expected to continue until there is adequate supply in the market.

Langham Plans Dubai Palm Jumeirah Hotel For 2015

Luxury Hong Kong-based hotel company makes its first foray into the Middle East and chooses Dubai as the first resort in its global collection.

Five Minutes With… Ammar Abulohom, CEO, Dar Al Aqar

Dubai’s real estate market still has plenty of growth opportunities, says the CEO of property brokerage service provider, Dar Al Aqar.

Fire Reported In Dubai’s Ravi Restaurant

The blaze was reportedly caused by a fault in the restaurant’s recently installed electric signage.

Dubai’s Takaful Emarat Expects To Post Q1 Profit

The company’s past financial statements show it last reported a quarterly profit in the first quarter of 2009.

Dubai’s IMG Theme Park Gets $327m Islamic Loan

Proceeds will be used to expand the $1 billion Worlds of Adventure theme park.

Exclusive: Dubai Not Building Any Hotels For The Expo – Tourism Chief

The current hotel supply pipeline is only linked to the emirate’s 2020 tourism strategy, says Helal Al Marri, the head of Dubai’s DTCM.

Swiss Chocolate Firm Lindt & Sprungli Opens Dubai Office

The move was facilitated by the emirate’s official foreign investment development agency Dubai FDI.

Emaar Launches 480 New Townhomes In Reem Community

The new collection of Mira Oasis townhomes follows strong investor interest, said the Dubai developer.

Emirates To Stay Put At Dubai International During Runway Maintenance

Move likely to be welcomed by resident and transfer passengers but both airports will be under scrutiny

Jobseekers On The Rise In The UAE As Hiring Increases

The number of job vacancies saw a two per cent year-on-year growth in March while jobseekers rose seven per cent, says a new survey.

Dubai Ranks Among World’s Top 25 Places To Visit On TripAdvisor List

The Dubai Fountain and the Creek were some of the attractions highlighted in the emirate.

New Six Flags Theme Park To Open In Dubai In 2017

The project, being developed in partnership with Meraas, will be located in the Dubai developer’s multi-themed park project in Jebel Ali.

Dubai’s Shuaa Capital Q1 Net Profit Dhs8.2m Vs Net Loss

The firm attributed higher revenues to a strong recovery in the capital markets and a pick-up in the local market for IPOs.

Dubai Real Estate Deal Values Up 38% In Q1 2014

The emirate recorded sales activities worth Dhs31.5 billion and mortgage transactions worth Dhs28 billion in Q1 2014, the land department says.

Customer Service “Biggest” Challenge For UAE Banks – Senior Official

Lenders hurting themselves by cold-calling customers, says head of Retail Banking at Emirates NBD.

Italian Court Bars Emirates From Flying Between Milan, New York

Emirates, which may appeal the decision, started to fly the Malpensa-New York route in October last year.

Nakheel Signs Deal With Accor For Dragon Mart Hotel

The 250-room hotel at Dragon Mart will be managed by Accor under the ibis Styles brand.

Oasis Centre May Include Cinemas In The Future – Director

The Landmark group hopes to have at least 10 Oasis Centre malls operational across the GCC by the end of 2015.

Damac Launches New Tower – Vantage, In Jumeirah Village

The project will include 388 serviced living units, with prices starting at Dhs625,100.

Dubai’s Residential Rent Pricing Unsustainable – Expert

Apartment and villa rents in the emirate grew by five and three per cent respectively in Q1 2014, a new report says.