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Emaar Launches Serviced Apartments In Downtown Dubai

The 55-level development includes 280 residences and is part of the Dubai Mall expansion project.

Flydubai Flies On CIS Growth

More than 40 per cent of flydubai’s new routes last year concentrated on CIS and Central and Eastern Europe destinations.

QE2 To Be Converted Into Asia-Based Floating Hotel

The Dubai-based cruise liner will be renovated into a 500-room luxury hotel.

Gulf Airports Warned Over Security Threats

Regional airports were warned today to remain vigilant from ever-present security threats.

Dubai’s Amlak In $1.9bn Debt Talks

The mortgage lender is in talks with a creditor committee and Dubai’s largest banks.

Emaar Says No Plans To Spin Off Malls

The Dubai developer has denied reports it is planning to list its malls business.

Palm Jumeirah Dubai’s Preferred Place To Live

Emirates Hills comes joint top with the Palm in poll by local property portal.

Dubai Airport Freezone Sees Revenues Rise 26%

A new AED300 million project underway includes seven floors of new offices for international organisations

Emirates Airline President – “Oil Prices Spiked By Greed”

Tim Clark tells Gulf Business the airline industry will continue to face problems in 2013.

Morgan Stanley To Trim Dubai Staff Amid Global Cuts

The bank plans to slash 1,600 jobs globally to reduce costs.

Dubai Airport’s Terminal 1 To Receive Upgrade

Once the refurbishment of Terminal 1 is complete next year, it will be linked via a new elevated train system to Concourse D, which is currently under construction.

Dubai Economy Bets On Superjumbo Air Travel Boom

The emirate has just opened the world’s first airport terminal purpose-built to handle Airbus A380 planes.

Jumeirah Ends Relationship With Rory McIlroy

The world’s number one golfer parts ways with the Dubai hotel group as Nike beckons.

Emirates NBD Islamic Unit In Rights Issue

Dubai’s biggest bank will offer 1.5 billion shares at Dhs1 each between January 25 and February 3.

Dubai Announces Drive To Develop Islamic Business

The emirate plans to form a committee to work on six major initiatives under the project.

Dubai’s Property Market Ranked World’s Strongest

The emirate’s residential property index jumped 13.46 per cent in 2012.

Dubai’s Just Falafel Plans 20 New UK Stores In 2013

The company has launched it’s first store outside the Middle East in London.

Dubai’s DEWA Plans $1bn Islamic Bond Issue

The proceeds of the sukuk will be used to refinance existing debt and to invest in company projects.

Rotana Kick-Starts Dhs2bn Al Ghurair Expansion

The number of stores at the adjacent shopping centre is set to rise from 200 to 350 this year.

Nakheel Issues $33m Sukuk As Part Of Debt Deal

The proceeds will be used to settle trade creditor claims against the Dubai developer.

Dubai’s Cautious Property Comeback

The emirate’s real estate sector edged backed to life in 2012.

Dubai Rents Up 7% In 2012, To Rise Further In 2013

Apartment rents in Dubai rose seven per cent year-on-year, while villa rents increased six per cent year-on-year in 2012, says new report.

Le Méridien Mina Seyahi Reopens After Refurb

Well-known hotel sports ‘chic new look’ and aims to serve as a contemporary city escape for business and leisure travellers

Fashion TV Announces New ‘Studio F’ Venture In Dubai

The French broadcasting station’s new venue will act as a fashion studio, a restaurant and a VIP night lounge.

Exclusive: Dubai World Central Airport May Open Early For Passengers

The passenger complex at the new Dubai World Central Al Maktoum International Airport could open as soon as Q1 2013.

Dubai’s BurJuman Shopping Mall Begins Expansion

A new Carrefour hypermarket and a 14-screen Vox Cinemas multiplex are part of the mall’s renovation plan.

Dubai Islamic Bank To Fully Acquire Mortgage Firm Tamweel

The Dubai-based lender already owns a 58.2 per cent stake in Tamweel.

Dubai Telco Du Signs $100m Financing Deal

The telecoms operator plans to use the funds for the future growth of its business.

UAE’s New Mortgage Rule Will Deter Property Investors – Experts

The UAE central bank recently issued a ruling to limit home loans to foreigners at 50 per cent of the property’s value.

Concourse A Opens At Dubai International

EK003, which took off at 1439 from Dubai to London Heathrow, became Concourse A’s first flight.