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Fairmont The Palm Penthouses Target Second Homers

Repeat holidaymakers and executives can now buy a slice of Penthouse luxury living.

Veteran Gulf Banker Plans Investment Bank In Dubai

Emad Mansour was recently the chief executive of Doha-based Qatar First Bank.

Wizz Air Offers Dubai Passengers Priority Boarding

The service costs an additional €10 per flight on services to Kiev, Sofia, Budapest and Bucharest.

Etisalat In $400m Loan Tussle With Stan Chart, Citigroup

Standard Chartered has around $300 million exposure on the loan, while Citi has the rest.

Dubai Receives 7.9 Million Visitors In 9 Months

Saudi Arabia continued to be Dubai’s primary source market, recording a 31.6 per cent rise in visitor numbers.

Accor Opens Fifth Novotel In UAE

The 466-room property will target ‘new Dubai’ businesses as well as value-seeking business travelers.

Dubai Airshow Preview

Set in the new Al Maktoum International Airport, Dubai’s Airshow is set to be bigger than ever.

Flydubai Secures $228m Loan To Finance Six Jets

The financing is for six Boeing 737-800 aircraft three of which are scheduled to be delivered in the second half of 2014.

Arabtec Wins Dhs1.8bn Tower Contract In Dubai

The new tower, rising 369.1 metres, will be one of Dubai’s top ten tallest buildings.

Dubai’s The Entertainer Launches Mobile App

The Entertainer has been on a major expansion drive following investment by Abraaj Capital.

Dubai H1 GDP Growth Accelerates To 4.9%

Dubai’s real estate market has been rebounding from its crash while the hotel and restaurants sector grew 13.7 per cent in the first half of the year.

Drake & Scull’s Q3 Profit Misses Forecasts

The Dubai company reported a net profit of Dhs23.8 million for Q3, compared with a profit of Dhs3.9 million in the corresponding quarter in 2012.

Emirates Starts Sialkot Services

Dubai carrier is eyeing a wide range of export opportunities.

Mövenpick Hotel Jumeirah Lakes Towers Opens

Swiss operator’s sixth Dubai property is an “unpretentious” addition to the New Dubai scene.

Fairmont The Palm Opens Art Suite

Rotated on a quarterly basis, the suite will be home to works selected by Showcase Gallery.

Dubai Motor Show Begins – New Supercars Unveiled

More than 600 vehicles will be on show with an expected attendance of over 100,000 visitors.

Dubai Financial Market Swings To Q3 Profit

DFM made a net profit of Dhs82.8 million in the three months to September 30, compared with a net loss of Dhs1.7 million in the same period in 2012.

Dubai’s Online Real Estate Portal To Increase Transparency

The new portal will provide information on real estate and support stakeholders across the industry.

Damac Announces $500m London Share Listing

Citigroup and Deutsche Bank are joint bookrunners for the offering.

Dubai’s Arabtec Forms New South Korean Joint Venture

The partnership will pursue and perform large scale infrastructure projects like metro, railway, bridge, port and tunnel projects.

Rolls-Royce ME To Unveil World Exclusive ‘Chicane’ Edition

The luxury car maker will unveil the one-of-a-kind Phantom Coupe at the Dubai Motor Show this week.

IDB To Launch $10bn Islamic Bond Programme In Dubai

Dubai’s exchanges have so far listed $12.5 billion of sukuk and the total is expected to reach $16 billion by year-end.

Dubai Land Department Chief: “I Don’t Believe There’s A Bubble Forming”

Dubai’s housing market is rebounding strongly, with prices up over 20 per cent in the last 12 months.

Dubai Named Global Property Investment Hotspot

Dubai’s property investors have been seeing a net yield of six per cent in just Q3 2013.

Mashreq Posts 34% Profit Rise

The lender reported profit of Dhs1.3 billion for the first three quarters compared to Dhs970 million in the same period last year.

Property Mortgage Caps Encourage ‘Responsible Lending’

The government’s latest regulation highlights the importance of responsible financing and purges the overactive mortgage providers.

Dubai Expo 2020: The Rivals

In the run up to the announcement for the World Expo 2020 host city, Mary Sophia sizes up Dubai’s competition.

Dubai Airshow Gears Up For Take Off

Delegates can expect plenty of space, inside and out, when they visit the dedicated Dubai World Central site in November.

Dubai Holding Says Unit To Repay 750m Euro Bond

Dubai Holding was hit hard by Dubai’s property market crash and corporate debt troubles of 2008-2010.

GEMS Education Plans $500m Hybrid Sukuk Sale

GEMS plans to begin roadshows in the United Arab Emirates this Thursday with investor meetings scheduled in Asia and Europe next week.