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UAE

Emirates could restore US capacity within six to nine months

The Dubai airline started cutting frequencies on five US routes from May

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UAE’s tax authority prepares for excise tax, VAT implementation

Excise tax takes effect next month, while VAT will be implemented in January 2018

Dubai construction firm UNEC plans to raise Dhs1bn loan

The company is building the Dhs6.1bn Deira Mall in Dubai for Nakheel

UAE’s Arada announces $6.5bn real estate project in Sharjah

Aljada is planned to accommodate 70,000 residents

Dubai property market sentiment worse than last year – survey

Core Savills said there were misconceptions about oversupply in the emirate but rents could continue to soften

Abu Dhabi’s Etihad appoints new CEO for engineering division

Abdul Khaliq Saeed replaces Jeff Wilkinson, who is leaving the post after 11 years with the company

Dubai developer Emaar not participating in Cityscape this year

Cityscape, Dubai’s biggest property exhibition, will be held next week

Louvre Abu Dhabi museum to open in November

The museum was originally scheduled to open in 2012 but has been repeatedly delayed

UAE startup Now Money closes $1.46m bridge funding round

The round included $700,000 from Dubai-based venture capital firm Myrisoph Capital

New $325m Dubai project allows investors to buy property via bitcoin

One-bedroom apartments will be priced at about 54 bitcoins, or $250,000

Virgin Mobile brand officially launches in the UAE

Virgin Mobile will offer all its services via an app

Air India flight from Abu Dhabi veers off the taxiway in Kochi

All the 102 passengers on board were safely evacuated

Dubai’s ENOC launches new green fuel

The product will mainly be used by companies in the commercial and industrial segment

UAE’s NMC Health becomes first Middle East firm on UK’s FTSE 100 index

NMC listed on the exchange in 2012 and has seen its share price rise 22 per cent over the last quarter

Abu Dhabi’s Aldar launches $653m waterfront development

Water’s Edge is located on Yas Island’s eastern shores

UAE plans memorial to founder Sheikh Zayed in Abu Dhabi

The memorial will span an area of 3.3 hectares and feature a “monumental public artwork”

Dubai developer Nakheel to announce $871m of projects

Among the new announcements will be a project on the Palm Jumeirah

Dubai Police study finds 95% of residents feel secure

The study also recorded high levels of trust in the police force

UAE prepares to standardise government schools

The plans aim to consolidate systems, policies and courses across the UAE’s public school sector

Legacy plans for Dubai Expo 2020 site to be revealed at Cityscape

The six-month long event will take place on a 4.38 square kilometre site

School bus occupancy in Dubai stands at 53% – RTA

About 88 per cent of students in Dubai use private vehicles to travel to their schools

Video: Dubai’s new tallest tower takes shape

The $1bn mixed-use building will form the centerpiece of the 6 sqkm Dubai Creek Harbour

Dubai’s DEWA says on track to complete Dhs260m water project by 2018

The project involves the supply, extension and commissioning of major water transmission networks

Dubai’s DP World begins construction of $1bn Ecuador port

The Ecuadorian government awarded a 50-year concession to the company last year

Abu Dhabi police arrest two after seizing 4.2 million pills in drug bust

The 4.2 million captagon tablets were seized from a farm in the country

Etihad deploys Boeing 787 Dreamliner on daily Amsterdam route

The airline is rapidly expanding its Dreamliner network

Emirates and Qantas extend partnership for five more years

Some changes have been made to the partnership

Dubai’s Nakheel opens revamped Jebel Ali Club

The club now also features dining and entertainment

Sharjah government plans to issue yuan bond in China

The size of the planned issue is not known

Emirates cancels Houston flights due to heavy floods

Flights EK211 and EK212 have been cancelled