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Damac Launches Tenora Serviced Apartments In Dubai World Central

The 10-storey, 270-unit tower aims to serve professionals working to build the Expo 2020 venue.

Expo 2020 Win Will Boost Dubai’s Property Market In 2014 – Developer

Mahdi Amjad, CEO of real estate company Omniyat says impact of the win was felt “from the first minute the results were announced.”

Dubai Has Strong Potential To Be Global Media Hub

Dubai has the required production infrastructure and services to become a global media hub, says study.

Dubai’s Nakheel Makes Dhs218m Sukuk Profit Payment

The developer said it has instructed Deutsche Bank, the registrar and paying agent for the sukuk, to pay the amount to trade creditors.

Dubai’s Model Ambitions

Will Dubai’s massive fashion industry investment propel it to the big league?

Grand Cinemas Appoints New CEO Ahead Of Expansion

The Middle East’s largest cinema group has aggressive plans to expand into Qatar and Bahrain in the coming year.

Dubai World Central, Emaar Launch Mega Project Ahead Of Expo 2020

The lifestyle development, located within DWC, will include a golf course, hotels, retail outlets and a business hub.

Marriott Targets Four-Fold Dubai Growth On Expo 2020 Win

Global operator plans to have 10,000 rooms in the city by 2020

Expo 2020 Helps JAFZA Sukuk Outpace Gulf

Dubai will spend $8.1 billion on roads, an airport, hotels and an extension to its rail network in preparation for the 2020 world fair.

Viceroy Dubai Palm Jumeirah Begins Construction

The $1 billion project will offer 479 rooms and suites and 222 Viceroy Residences with sea views.

Cathay Pacific Moves Dubai Freighter Operations To DWC

The carrier said its 14 weekly passenger services will continue to operate through Dubai International.

Dubai Expo 2020 Needs $100m Solar Spending

Dubai has set itself a target to generate half the additional power needed to run the Expo from renewable resources.

Dubai’s Non-Oil Foreign Trade Crosses Dhs1 Trillion In 2013

Dubai’s third quarter imports touched Dhs610 billion and have been instrumental in boosting the emirate’s trade.

Gulf Air Starts Al Maktoum International Flights

DWC greets its first full service carrier as Gulf Air marks its first flight to the new airport

Abu Dhabi Awards Contract For New Road Project

The 62 kilometres-long project is expected to be completed within 30 months and will be built in phases.

Dubai Index Climbs To Five-Year High On Real Estate

The DFM General Index advanced 0.6 per cent to 3,031.80, the highest since November 2008.

Dubai’s Holiday Homes Market To Impact Tourism, Real Estate

Holiday homes market will allow property owners to lease out on a periodic basis while broadening visitor accommodations.

Dubai’s Arabtec Wins $1bn Hospital Contract

The New Al Ain Hospital will be built by 2018 under a Dhs3.3 billion ($900 million) contract.

DEWA Increases 2014 Budget By $1.8bn

DEWA’s 2014 budget has been set at Dhs20.56 billion compared with 13.835 billion in 2013.

Dubai’s Healing Property Market

The emirate still offers higher rental yields than many global cities.

Australian Boutique Oroton Launches In Dubai

The luxury accessories retailer is selling the concept of ‘affordable luxury’ to Middle East’s shoppers.

Dubai Stock Market Ends Above 3,000 For First Time In 5 Years

The index climbed 0.9 per cent to 3,013 points, its highest close since October 2008.

Al Noor Hospitals Eyes Dubai Acquisitions After Insurance Law

Under the law, Dubai will require its residents and visitors to have compulsory health insurance.

Qantas Issues Profit Warning; To Cut 1,000 Jobs

Surprise announcement shows Qantas continues to wrestle with fuel costs and competition

Dubai State Fund ICD Acquires Atlantis Hotel

The firm acquired the hotel from a unit of Dubai World for an undisclosed sum.

Dubai Has No Immediate Plans For An Olympic Bid – Official

But the UAE is prepared and capable of hosting the Olympics, says senior UAE National Olympic Committee member.

Nakheel Awards Dhs174m Contracts For Palm Jumeirah Projects

The construction contracts have been awarded for Azure Residences and Club Vista Mare.

Emirates Starts Kabul Flights

Global carrier identifies premium demand and raises competition with Safi Airways.

Hyatt Eyes Eight Dubai Projects After Expo 2020 Win

New brands such as Andaz and Hyatt Place are being lined up in next development phase.

Dubai Mercantile Exchange Sets New Trading Records

Almost 7.5 million barrels of crude oil per day were recorded in November this year.