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UAE

Dubai property brokers earn Dhs820m in H1 this year

There are now 5,856 active brokers in DLD’s database

Kurdistan pays $1bn to Dana Gas, partners to settle London case

Dana Gas, its parent Crescent Petroleum and its partners filed a case against the KRG in October 2013

Dubai Municipality distributes ‘cool collars’ to labourers

As hot temperatures linger, Dubai Municipality hands workers a novel accessory

Dubai’s RTA partners with Siemens for 3D-printed metro parts

the new agreement forms part of Dubai’s strategy to become a leader in 3D printing

Developer Damac acquires Dhs 1.26bn of land near Dubai Canal

Dubai developer Damac says property market ‘not going down’

Damac booked sales of Dhs4bn worth of properties in the first half of this year

Dubai’s DP World completes phase 2 north expansion of Canada terminal

The terminal’s capacity has been increased from 750,000 TEU to an approximate 1.35 million TEU annually

Abu Dhabi property developers Eshraq and Reem in ‘advanced talks’ for merger

The merger will create the second largest listed real estate developer in Abu Dhabi

Dubai’s ruler approves new projects for roads, cycling lanes

The RTA plans to extend the internal roads for 320km with work beginning in 2018 and finishing in 2024

Dubai police reveal cause for Torch Tower fire

The 86-storey tower suffered a major fire on August 4 this year

First Abu Dhabi Bank to get role in Emaar’s UAE real estate unit IPO

Emaar is considering an initial public offering of up to 30 per cent of its UAE real estate business

Etisalat announces free wifi in the UAE during Eid Al Adha

The free offer will be available from August 30 until September 9

Video: World’s longest and highest zip line to open in UAE this Dec

The zip line at Jebel Jais will be longer than 28 soccer fields in length

Fuel prices again hiked for September in the UAE

Petrol prices have been hiked by around 6.6 per cent on average

Dubai airport offers free movie streaming with ICFLIX

The video-on-demand service is complimentary for all DXB passengers for a trial period of two months

Emaar launches new residential project at Dubai Creek Harbour

The 43-storey tower will feature 300 apartments

Eid Al Adha: Free parking in Dubai, Metro timings revealed

Public parking in Dubai will be free from Thursday to Sunday

Last-minute staycation, getaway deals for Eid Al Adha from the UAE

There’s still time to book a holiday – near or far – for the long weekend

Top 10 nationalities of property investors in Dubai

Emiratis made the most number of transactions between January 2016 and June 2017

Flydubai widens H1 loss as fuel costs weigh on earnings

The airline’s revenues during the first half of 2017 rose 9.9 per cent to Dhs2.5bn

UAE President orders release of 800 prisoners for Eid Al Adha

Rulers across the Gulf Cooperation Council typically release prisoners in the build-up to key dates on the Islamic calendar

New VAT law issued by UAE President outlines exemptions

Education and healthcare will be subject to a zero rate

Almost 70% of UAE employers plan to hire in the next year – survey

Among employers who were polled, 75 per cent claimed that their company has recruited new staff in the past 12 months

Marriott to open two hotels in Dubai’s Jumeirah Village Circle

The two properties will share facilities including restaurants and swimming pools

Mega Al Zorah project in Ajman to soon offer kayaking tours

The tours will be conducted through natural mangroves and lagoons

Abu Dhabi’s Bloom Properties begins work on JVC project

The developer has awarded the contract for the enabling works of its mid-income residential project, Bloom Towers

Dubai’s Emirates introduces new seat selection fees

The new charges come on top of advanced seat selection fees for some economy fares introduced last year

UAE tax authority launches website with details about VAT, excise taxes

From mid-September, businesses will be able to register with the tax authority through the website

Dubai’s RTA awards contract for 554 hybrid taxis

The RTA plans to convert 50 per cent of all Dubai taxicabs into hybrid vehicles by 2021

What digital payment regulation means for the UAE

The UAE Central Bank is introducing a new initiative in line with global movement on digital payments

Navigating financial market fluctuations in the UAE and worldwide

Here’s how brokers should deal with market volatility