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Speed Limits: How Fast Can You Drive On Dubai’s Roads?

Speed limits on major Dubai roads remain largely unchanged, according to Dubai Police.

Emirates’ Long Haul Business Model Pushes Down Costs – CAPA

The Dubai-based airline sees lower unit costs compared to European carriers because of its business model, says a report from Centre for Aviation.

Dubai’s Coffee Shops Rated ‘Most Consumer Friendly’

Dubai’s retail units were assessed based on their efficiency in complaints resolution, fair pricing policies and customer opinions.

Dubai’s Deyaar To Allow Up To 25% Foreign Ownership

At present, nationals from GCC countries can own up to 49 per cent of Deyaar’s shares while foreigners from outside the GCC have been prohibited.

William ‘Bill’ Duff, Sheikh Rashid’s Financial Advisor, Dies

The British expatriate aged 92 died of natural causes in Dubai.

Dubai Remains Bullish; Global Mkts Support

Emaar Properties is expected to report its earnings in the coming days.

Empower

Dubai’s Empower $600m Acquisition Loan Starts Syndication -Sources

The loan, which was initially provided by four banks, is now being offered to other lenders interested in joining the deal, according to sources.

Dubai’s Drake And Scull Profit Rises 61% In 2013

The contractor said that its revenues reached Dhs4.9 billion last year, growing by 47 per cent from 2012.

Dubai Ruler Cleared By Report Into Horse Racing Doping Scandal

A report by Lord Stevens, the former Metropolitan Police chief commissioner, cleared Sheikh Mohammed of any wrongdoing.

Dubai’s DAE Leasing Firm Orders 20 Aircraft For Nearly $1bn

The order by DAE for 20 ATR 72-600s and options for 20 additional ones will see delivery between 2015 and 2018.

Richard Branson’s Advice To Governments: “Throw Staff Parties”

The Virgin Group founder was speaking at the Government Summit in Dubai.

Dubai’s Damac Says Work On Trump Golf Course Proceeding “On Track”

The course is being designed by international golf course architect Gil Hanse.

Dubai’s Emirates To Ground Planes During Runway Work In May

The airline will ground 19 or 20 planes, Emirates’ president Tim Clark said.

Dubai’s Crown Prince Sheikh Hamdan Launches New 2021 Initiative

Under the new initiative, the government will “compete with the private sector” in terms of the caliber of service it provides.

Dubai Appoints Consultant For Expo 2020 Transport Requirements

The emirate has also hired a consultant for crowd management, confirms RTA chairman.

Dubai House Prices To Reach Pre-Crisis Levels Next Year

The fast growth has raised concern about the potential of a property market bubble.

JP Morgan Cuts Banking Ties With Emirates NBD

The bank has severed relationships in its cash management business in the Middle East.

US Developer Reef Worlds Plans Underwater Project In Dubai

The new project, called Lost Cities, is expected to be unveiled in early March.

Dubai’s Official Property Site To Auction Units Worth Dhs190m

The third auction from eMart will feature five high-end commercial and residential properties.

Dubai’s DFSA Obtains Court Orders Against Deutsche Bank

The bank was found in material non-compliance with requirements to produce information to the financial regulator.

Dubai’s Arabtec Holding To Set Up Five New Subsidiaries

Two of the units will focus on infrastructure projects, one on water and energy projects and one on the Egyptian market.

Dubai’s RTA Reveals 2014 Budget Of Dhs7bn, Plans 50 New Projects

Around 36 per cent of funds in the budget will be allocated to the traffic and roads agency while 33 per will go to rail agency, according to the RTA.

Nakheel Awards Contracts Worth $11m For Al Furjan, Warsan Projects

The contracts cover infrastructure design and supervision work in the two communities.

Congo’s ECAir Launches New Dubai Flight Route

The flight signals the first direct link between Congo and the Middle East.

Emirates Launches First A380 Flights To Barcelona

Emirates will look to funnel Spaniards into Dubai and onto its global network – particularly Asian markets such as Hong Kong and Bangkok.

Dubai Business Licenses Up 12% In Q4 2013

Commercial licenses constituted the major share of total licenses issued in the last quarter of 2013, said Dubai’s Department of Economic Development.

Le Royal Méridien Dubai Undertakes Dhs55m Refurb

New decor, modern technology and two fresh F&B concepts among the changes at established beachfront hotel.

Emaar Regains Investment Grade Credit Rating As Dubai Booms

Without a government credit rating, Emaar’s rating is seen as an indicator of investor confidence in Dubai.

Flydubai To Launch Paid-For Meals

Passengers can order the meals – priced at around Dhs40 – through flydubai.com.

What Property Can You Buy In Dubai For $7m?

A villa in Palm Jumeirah and an apartment in Dubai Marina can be yours for $7 million, according to Knight Frank.