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UAE, Bahrain follow US move to raise interest rates

The US Federal Reserve Board decided to hike rates by 25 basis points

Chalhoub Group co-CEO Anthony Chalhoub dies at 63

Chalhoub was battling cancer for some years

Abu Dhabi’s Etihad to introduce Boeing 787 Dreamliner on Barcelona route

The Dreamliner will replace the two-class Airbus A330-200 that operates the route

Emirates seeks to cut delays at Dubai airport with new application

The application, Hub Monitor, will reduce aircraft turnaround time by providing real time information

Dubai’s property market slump hits construction sector

While 865 developers were registered with the Dubai Land Department in 2018, one in four had projects currently active

Dubai editor case: Court overturns 15-year jail term, orders retrial

Dubai’s highest court rules that Francis Matthew’s case will be heard by a new panel of judges

UAE soldier killed in Saudi accident

UAE supports Saudi’s rejection of US Senate resolutions on Khashoggi, Yemen

The US Senate voted last week to end military support for the Saudi coalition in Yemen and blamed the kingdom’s crown prince for the murder of journalist Jamal Khashoggi

Emirati man fined Dhs300,00 for insulting social media influencer

The UAE’s cyber and hate crime laws are among the strictest in the world

Abu Dhabi’s ADNOC, Cepsa award engineering contract for Ruwais plant

The contract has been awarded to Spanish engineering company Tecnicas Reunidas

Flydubai to expand European network with flights to Budapest, Naples

Both the routes will begin in June 2019

Emirates expands code sharing deal with South African Airways

The agreement will see the two airlines leverage each other’s route networks, cargo services and flight schedules

UAE’s Mubadala, Dubal sign Dhs1bn deal with Emirates Global Aluminium

A new power and water desalination plant will be set up in Jebel Ali

UAE sets up new fund accelerator for start-ups

A total of 25 local and international companies will be selected by the fund

UAE sets up committee for tolerance

The committee will work towards achieving the goals of the ‘Year of Tolerance’ in the UAE in 2019

UAE tops MENA for wage equality, Arab region remains world’s least gender-equal

It will take the MENA economies “153 years to close the gender gap at the current rate of change”

UAE lenders unaffected by troubles at Sharjah’s Invest Bank

The loss-making Sharjah bank has been hit by exposure to the UAE’s troubled real estate and construction markets.

Dubai’s DP World seeks to quash India antitrust probe over Mumbai port-court filing

Last month, the Competition Commission of India said it suspected alleged antitrust violations by DP World and Denmark’s A.P. Moller-Maersk

Dubai’s Burj Khalifa ranked among world’s top 10 most popular destinations

World’s tallest tower has been ranked higher than Buckingham Palace in new Uber report

Ras Al Khaimah to attempt fireworks world record on NYE

The emirate intends to hold a 12-minute fireworks display at Al Marjan Island

Dubai’s Marka CEO resigns after less than two years in the role

Benoit Lamonerie was appointed to the role in late May last year

Dubai issues 1,748 new business licences in November

The DED has issued a total of 27,609 new licences between January and November this year

Dubai judge calls for ‘tolerance’ sections to handle minor crimes

Small offences like beating, cursing, written or verbal offence and breach of trust could be handled by the sections, he said

Anwar Gargash, Minister of State of Foreign Affairs

UAE minister dismisses Qatar’s statements on GCC crisis

Anwar Gargash accuses Doha of interfering in the internal affairs of its neighbours

New SME district launched in Dubai’s Al Seef

The hub will focus on SMEs in sectors including design, fashion, F&B and information technology

UAE President orders reshuffle of central bank’s board

Central bank governor Mubarak Rashed Khamis Al Mansoori has been reappointed for the next four years

UAE nuclear power plant over 90% complete

Crucial testing now complete at Unit 3 of the power plant

Abu dhabi uae capital flag

UAE President declares 2019 as ‘Year of Tolerance’

The ‘Year of Tolerance’ will be an extension of the ‘Year of Zayed’ in 2018

Top 10 things for thrillseekers to do in Dubai

While Dubai offers a variety of shopping experiences and good food, it also has some of the best thrills in the UAE

UAE hit by earthquake

The quake was recorded around 4:00pm

UAE emirate Ajman plans debut international bond

Ajman would be the fifth emirate to issue debt internationally