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Nakheel Awards Dhs375m Pointe Contract To Drake And Scull Unit

The Pointe, a new Dhs800 million mall on Palm Jumeirah, is scheduled for completion in 2016.

DP World Consolidated Volumes Slip 3.8% In 2013

DP World said terminals controlled by the company handled 26 million TEU compared to 27.1 million in 2012.

Dubai Start-Up Qordoba Raises $1.5m For Product Development

The online content creation company hopes to scale up its offering.

Deyaar’s Net Profit For 2013 Up 300%

The Dubai developer increased its gross profit for the year from Dhs199 million in 2012 to Dhs307.5 million.

Dubai Financial Centre Posts Double-Digit Growth For 2013

The number of active registered companies operating within the DIFC rose 14 per cent to 1,039 last year.

Hilton Garden Inn Arrives In UAE At The Double

The brace of hotels will meet the growing need for affordable accommodation in the run-up to Expo 2020

Trading On Dubai’s Main Stock Exchange Suspended

Trading on Dubai Financial Market (DFM) was suspended because of a system malfunction

Emirates Starting Daily Abuja-Kano Flights

Emirates will soon serve three cities in oil-rich Nigeria

Flydubai Signs Mobile Maintenance Agreement With Boeing

The applications give technicians real-time information to speed up maintenance repairs.

New Tourism Fee To Be Levied In Dubai From March 31

Visitors will face an additional charge of between Dhs7 to Dhs20 per room, per night.

ING Shuts Middle East Asset Management Operation In Dubai

The small Dubai team managed $425 million of assets at the end of 2013.

Dubai Apartment Rents Rise 50% In 2013

Residential sales prices also shot up by 60 per cent last year, says a new report.

Flydubai Plans Benchmark-Sized Bond Issue In 2015

The amount raised will be used for the company’s general operating expenses and to fund some of its aircraft deliveries.

Arabtec Plans To Hire 10,000 Across The Middle East

The Dubai-based construction company is targeting young recruits for the new roles.

Burj Khalifa’s ‘At The Top’ Dubai’s Biggest Attraction

Saudi Arabia provided the most visitors from another GCC country.

Drake & Scull Wins Dhs110m Contract for Mall of the Emirates’ Project

The contractor will provide MEP works for the mall’s redevelopment project.

Pearl Dubai Sells $1.9bn Assets To Hong Kong Property Group

The sale includes high-end residences and serviced apartments and two five-star hotels within the Dubai Pearl project.

Dubai’s Union Properties 2013 Profit Soars Eightfold

The company said it was recommending a five per cent bonus share dividend to shareholders for 2013.

Gallacher Retains Dubai Desert Classic Title

Gallacher began the day two shots clear of world number six Rory McIlroy.

Tiger Woods Vows To Work On Putter After Muted Dubai Showing

The 14-times major winner birdied the last three holes for a one-under-par final round of 71 on the Majlis course.

Dubai’s Aramex Q4 Net Profit Up 16% On International Revenues

The company made a net profit of Dhs76.4 million in the three months to December 31.

Emaar Launches Yasmin Villa Community In Dubai’s Arabian Ranches

Emaar’s latest launch brings in Arabesque-styled villas in the Arabian Ranches expansion.

Dubai Ranks 3rd Among World’s Top 20 Dynamic Cities

The ranking by Jones Lang LaSalle lists cities that have strong socio-economic and commercial real estate momentum.

IMF Hikes UAE 2014 Growth Forecast, Warns Against Property Bubble

The UAE is expected to see inflation-adjusted GDP expand 3.9 per cent in 2014 and four per cent in 2013.

Dubai Financial Market Issues Securities Lending Rules

Dubai was one of the best-performing stock markets in the world last year.

McIlroy Retains Dubai Lead, Woods Toils

Scoring on Friday proved tougher for most players as Thursday’s lush greens dried out.

Ruth’s Chris Steakhouse: Business Lunch Review

The Ruth’s Chris business lunch offers three courses at a competitive price, for those willing to stick to a set menu.

Nakheel Executive Appointed As Limitless CEO

Mohammed Rashed Bin Dhabeah will become the CEO of Limitless while retaining his position at Nakheel.

McIlroy Sizzling In Opening Round Of Dubai Desert Classic

The Northern Irishman sinked a quintet of birdies from the 12th to the 18th.

Exclusive: First Hyatt Place In Middle East Opening In Dubai In April

Hyatt will target corporate travellers seeking casual hospitality in a hi-tech environment