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Dubai’s Marka Eyes Fashion, Retail Growth Across Gulf

Dubai-based Marka said it will introduce global franchises and brands to the Gulf, allowing it to build a customer base quickly.

Mohamed Alabbar to acquire stake in YNAP from Richemont

Alabbar-Chaired Firm Launches $1.2bn Project In Langkawi, Malaysia

Perdana Quay, launched by Tradewinds Corporation, is an integrated leisure, retail, residential and commercial development.

Nakheel’s Q1 Profit Up 28% To Dhs629m

The Dubai developer said it handed over 400 units during the first quarter of the year.

Emirates To Cut Three Kiev Flights

The reduction follows ongoing political unrest in Ukraine.

Can Dubai Become The Capital Of The Islamic Economy?

Marketing expert Prof Laurent Marliere considers challenges to make Dubai the hub of the emerging Islamic economy.

Dubai’s Limitless Asks Creditors For More Time To Repay $1.2bn Debt

Limitless, a former property arm of Dubai World, restructured the Islamic debt facility in October 2012.

Royal China: Business Lunch Review

A relaxing Chinese dining experience amid the hustle and bustle of DIFC.

Dubai’s DGCX To Launch Agricultural Contracts In Q1 2015

Large volumes of some agricultural goods such as wheat, rice and pulses are re-exported through Dubai.

Dubai Tells Global Bankers To Expect Another Boom

The emirate organised its first big investor roadshow since the crisis in London.

Emirates NBD May Write Back Dubai World Exposure

The Dubai lender provisioned five per cent of its total Dhs9 billion ($2.5 billion) exposure to Dubai World.

UAE Company Marka To Launch IPO In Dubai, Plans DFM Listing

The 12-day offer of 275 million shares at Dhs1 each, represents 55 per cent of the company’s capital.

Dubai House Rents Up 23% In Q1 2014

Sports City recorded the largest rise in rents as rates grew by 41 per cent, a report says.

Dubai’s Sheikh Ahmed Says Agreement In Principle On UAE Bourse Merger

Advisors had been appointed last year to help facilitate a merger of the exchanges, but the idea has been discussed sporadically for years without a deal.

Dubai Gold Exchange To Introduce Spot Gold Contract In June

The contract is expected to be for 1 kilogramme (32 troy ounces) of 0.995 purity gold, a spokesman said.

Dubai Gold Centre To Tighten Sourcing Supervision

The move comes after the British media alleged that the DMCC failed to follow international guidelines designed to govern sourcing of gold.

Milan To Dubai: Building The Expo Connection

As Expo 2015 host Milan prepares for the event, officials say they are pleased to hand the baton to Dubai in 2020.

Dubai’s Emirates REIT Expands IPO Due To Strong Demand

Emirates REIT will raise $175 million in the IPO, which was 3.5 times oversubscribed, by selling 128.68 million new shares.

Sheikh Zayed Road Traffic Diversion For Dubai Canal To Begin In October- RTA

Dubai’s Roads and Transport Authority (RTA) confirmed that the diversion of utility lines is almost complete.

Nakheel Awards Community Services Contracts Worth Dhs87m

The agreements cover 13 communities including Palm Jumeirah, The Gardens, Discovery Gardens, Al Furjan, and International City.

Dubai’s Deyaar Approves 25% Foreign Ownership

The company said the shareholders approved the allocation at a meeting on Thursday.

UAE’s Retail Sector Set For E-Commerce Explosion- Experts

Tech-savvy consumers will drive the growth of e-commerce in the country’s retail sector.

Emirates Launches App For iPad

The Emirates App will allow passengers to manage their booking, check in online and download their boarding pass.

New Dubai Sukuk Standards Seek To Clarify Liability, Rights

The Dubai Financial Market’s new rules are part of broader efforts to develop Islamic business in the emirate.

Dubai Buys Stake In Luxury Hotel Manager Kerzner

Dubai’s ICD has agreed to buy about 46 per cent of Kerzner International, sources say.

Dubai World Hires Blackstone To Look At Debt Options

The conglomerate ran into trouble after Dubai’s 2009 property market crash and had to restructure $25 billion of debt.

Dubai To Challenge London With Islamic Financing Platform

The NASDAQ Dubai bourse now hopes to grab some of that business with its own murabaha trading system.

Cebu Flights Will Divert To Sharjah During Dubai Airport Runway Closure

The low-cost airline said all flights to and from Dubai between May 1- July 20 will operate out of Sharjah.

Dubai’s DAMAC Launches Sukuk At Tight End Of Guidance

The size of the issue was expanded to $650 million from the originally planned $500 million.

Dubai’s DAMAC Tightens Guidance On Sukuk Issue

The sukuk is expected to launch and price on Wednesday.

UAE’s MAF Reports 11% Growth In Pre-Tax Profits

The company reported that its EBITDA grew 11 per cent to reach Dhs3.3 billion in 2013.