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Sharjah Rents Soar By 16%, As Dubai Residents Migrate

Apartments in areas like Al Nahda and Al Majaz recorded a rental hike, while villa price hikes varied depending on location.

Dubai’s Unshakeable Confidence

The emirate’s will to succeed will always cancel out the naysayers, writes leadership expert Tommy Weir.

China’s Sky City Not An Immediate Threat To Burj Khalifa

Sky City, China’s most ambitious development, has faced criticism over its nine-month deadline.

Fee Income Helps Dubai’s Mashreq Post 25% Profit Leap

The profit increase came despite a 20.9 per cent jump in impairments.

Nakheel Has “Cheapest Service Charges In Dubai”- Chairman

The Dubai developer says it has slashed service charges across many of its properties in Dubai.

Work On Nakheel’s World Could Start By 2014 – Chairman

The Dubai developer says it has started receiving fresh interest from investors for the stalled development.

Toyota SUV Sales Record Strong Gulf Growth

Land Cruiser leads the sales in the SUV category while Prado and Rav4 also has recorded considerable growth in H1 2013.

Dubai’s Debt Wall Still Looming?

As Dubai inspires growing investor confidence, its debt problems remain a cause for concern.

Dubai Pardons Norwegian Woman Convicted After Reporting Rape

Marte Deborah Dalelv, 24, had been awaiting an appeal hearing of her 16-month sentence.

Dubai’s Emirates NBD Beats Forecasts As Q2 Profits Surge 50%

The lender made a net profit of Dhs972 million in the three months to June 30.

Dubai’s Aramex Q2 Net Profit Rises 12%

The performance of the logistics firm was boosted by growth in core Gulf and African markets.

Dubai Islamic Bank Reshuffles Management, Appoints New CEO

Adnan Chilwan, who was previously deputy CEO at the bank, replaces Abdullah Al Hamli as the new chief executive.

Nasdaq Dubai Appoints Hamed Ali As CEO

Ali has held the role of acting CEO since August 2012 following the departure of previous CEO Jeff Singer.

Dubai Consumer Complaints Rise Sharply In H1 2013

The services sector, along with the electronics sector, accounted for over half the increases in consumer complaints this year.

Dubai Financial Market Q2 Profit Soars On Higher Trading

The firm made a net profit of Dhs69.5 million in the three months to June 30, compared with Dhs10.2 million in the same period of 2012.

Dubai’s Retail Sector Drives Growth During Q1

Industry, finance, transportation, real estate and construction are some of the other key sectors driving economic growth in the emirate.

Dubai Significantly Fuels Your Personal Creativity

Nicolai Tillisch explains how a place like Dubai can make you substantially more creative – and the shortcuts you should avoid.

Dubai Land Deals Hit Dhs108bn In H1 2013

The value of real estate transactions rose 30 per cent on the same period last year.

Dubai Mall, MOE To Keep Major Market Share Despite Mall Boom

Secondary malls, like Discovery Gardens Centre, will come as a relief as retail space at the major malls faces high demand.

Emirates Skycargo Terminal At Dubai World Central Opening May 2014

Work is underway on 700,000sqm facility which will be supported by dedicated road feeder services to Dubai International.

Minor Hotel Group Buys 50% Stake In Per AQUUM

Partnership with Universal Enterprises Maldives will see more Per AQUUM hotels across Middle East, Asia, Indian Ocean and Africa.

Dubai School To Close After Hiking Fees

The Dubai American Scientific School had been rated as ‘unacceptable’ by the KHDA since the 2008-2009 educational year.

Dubai Banks Sign Dhs900m Loan For Burj Al Saram Towers

The new development will consist of commercial and residential towers as well as the Sheraton Dubai Tower Hotel.

Dubai Exchange Volumes Grow 101% In H1 2013

The sharp increase in first-half trading stems from a rise in currency volumes.

Sheikh Ahmed: Aviation Strategy Will Drive Growth

Dubai’s aviation sector is expected to account for 32 per cent of GDP by 2020, while the sector employs over five per cent of the workforce.

Emirates Starting Daily A380 Barcelona Services In February

The 517-seat A380 will be the first permanent superjumbo service to fly into Barcelona and replaces the Boeing B777-300ER.

Soft Opening For Sofitel Dubai The Palm Resort And Spa

Luxury brand’s second hotel in the city combines business and leisure.

Dubai Commands 30% Of ME Luxury Market Share

The affinity towards luxurious brands and intra-region tourism has helped boost the luxury goods market in the emirate.

Mashreq’s Retail Banking Profit To Double

The Dubai lender’s retail arm made a net profit of Dhs240 million last year.

The Galleries’ Business Lounge Targets Jebel Ali Corporates

The 700sqm facility accommodates up to 80 people and features boardrooms, conference and meeting rooms and internet stations.