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Omega Dubai Ladies Masters Deemed A Success

The Omega Dubai Ladies Masters golfing tournament continues to raise Dubai’s sporting profile.

DEWA Plans No Bond Issues In 2014 – CEO

DEWA has a $1 billion bond maturing in April 2015.

Arab Health 2014: What To Expect

Arab Health expects to receive around 85, 000 visitors this year with 3,900 exhibitors from across 64 countries worldwide.

Dubizzle Co-founder: 5 Tips For Budding Entrepreneurs

JC Butler is leaving Dubai-based classified website dubizzle to return to the US.

Dubai’s Palm Jumeirah Sees Growing Demand For Luxury Property

New report by Deloitte suggests that the Palm will remain a prime luxury beach resort destination in the emirate.

CEO Predictions 2014: Tim Clark, President, Emirates

2014 will see the launch of more new routes and further aircraft delivery for Dubai airline Emirates, writes Tim Clark.

Dubai’s Ruler Announces New Directives To Boost Hotel Investment

The new rules aim to reduce red tape for businesses and cut short approval time.

Dubai Starts Work On Huge Resort On The World Islands

The “Heart of Europe” project, a complex of luxury hotels and villas, is expected to be completed by the end of 2016.

New Upscale Project Launched In Dubai’s Motor City

The project will be developed by Dubai’s Union Properties, along with National Properties, a unit of National Bonds Corporation.

Nakheel Chairman: No Increase In Sales Prices In 2014

The Dubai developer is maintaining sales prices at the same level as last year, confirms chairman Ali Rashid Lootah.

Empower

Empower Buys Cooling Firm For $500m From Dubai World Unit

Acquiring Palm Utilities will give Empower about 70 per cent of the UAE’s district cooling market.

Nakheel 2013 Profit Up 27%; Plans Dhs6-8bn New Projects In 2014

The developer attributed the profit rise to the timely completion of projects and the handing over of finished units to customers.

Dubai’s Real Estate Deals Hit Dhs236bn In 2013

The number of deals in Dubai rose 53 per cent from 2012, reaching a total of 63,652, according to the land department.

Dubai Launches Entrepreneurship Academy

The academy aims to equip entrepreneurs with practical skills and knowledge they need to become future businesspeople.

Dubai Group Signs $10bn Debt Restructuring Deal

Ahmed al-Qassim was appointed chief executive of Dubai Group last week.

Nakheel Appoints Halcrow To Design New Palm Attraction

The new project, called The Boardwalk, will run across the whole of the existing crescent with a pier at either end.

Nakheel Launches New Plots For Sale At Jumeirah Village Circle

Prices start at Dhs10 million and the plots can be used for residential, hotel or commercial development.

Dubai Ruler: Private Sector Emiratisation To Increase 10-Fold By 2021

Sheikh Mohammed launched the UAE National Agenda for the next seven years on Tuesday.

Dubai Duty Free To Launch Online Shopping

Executive vice chairman Colm McLoughlin said the company will focus on the new Al Maktoum International airport.

Godolphin Door Permanently Shut For Tainted Trainer, Zarooni

The British Horseracing Authority (BHA) banned Zarooni for eight years after finding him guilty of administering anabolic steroids.

Dubai’s Drydocks World Signs $730m North Sea Rig Deal

The order was part of a package of contracts which could be worth a total of $1.4 billion to Drydocks by the third quarter, its chairman said.

Dubai Ruler Calls For Easing Of Iran Sanctions

Sheikh Mohammed urged the international community to ease sanctions against Iran, in an interview broadcast by the BBC.

Dubai Debt Deal Imminent – Bankers

The emirate was one of the first issuers from the Gulf in 2013 with a dual tranche 10-year sukuk and 30-year conventional note.

Dubai’s Shuaa Swings To 2013 Net Profit Of Dhs2.8m

The investment bank’s annual net profit increased by Dhs62 million from a net loss of Dhs59 million in 2012.

DME Targets Asia Sales Growth In 2014

Dubai Mercantile Exchange CEO, Christopher Fix, is looking to establish DME Oman as the price benchmark for Middle East crude heading East

Dubai Group Appoints Former Emirates NBD Banker As CEO

Ahmed al-Qassim was a director of investment banking at Emirates NBD.

4DX Cinema Launches In The UAE

VOX Cinemas has launched 4DX enabled sensory cinemas at Mirdif City Centre and Deira City Centre.

Qantas Credit Rating Slashed By Moody’s

Dubai-linked airline recently announced the loss of 1,000 jobs.

Dubai’s Victory Heights Project Completed

Victory Heights handed over 75 per cent of its phase one villas in 2010 as Dubai recovered from a property crash.

First Look: Dubai Marriott Hotel Al Jaddaf

Marriott’s latest Dubai property has short-stay executives and long-stay contract workers firmly in its sights