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Abu Dhabi’s Dana Gas sees shares soar after announcing $700m Sukuk restructuring

Dana proposed exchanging the Sukuk with new enforceable Shariah complaint instruments

Dubai taxi hailing app Careem expands into Palestine

The company said the launch was designed to support Palestine’s tech ecosystem

UAE’s Majid Al Futtaim signs franchise deal with homeware brand Maisons du Monde

The deal marks MAF’s further entry into the homeware category after signing a franchise deal with US brand Crate and Barrel

UAE midday work ban to begin this week

Violating companies will be fined Dhs5,000 ($1,361) per worker

UAE President orders early payment of salaries for Eid

All federal government workers, retirees and social welfare beneficaries will receive their salaries early for the Islamic holiday

DEWA awards Dhs58m deal for hydroelectric power station at Hatta Dam

The consultancy contract has been awarded to France’s EDF

‘Fake website’ claims to be UAE Arabic daily, publishes ‘false quotes’ – report

A website claiming to be Al Ittihad published quotes attributed to the Abu Dhabi Crown Prince

Dubai developer SKAI rebrands, launches Dhs2.1bn hospitality focused REIT

The real estate investment fund will initially will include Five Holdings’ Dhs4.3bn Viceroy Dubai Palm Jumeirah

Dubai’s private sector growth eases to seven-month low

Construction companies experienced the fastest improvement in business conditions

Dubai’s RTA paints roads red to indicate speed limit change

The move is being carried out on an experimental basis on the Oud Metha Street

UAE blacklist likely to squeeze liquidity of Qatari banks

Qatari banks have around QAR60bn in funding in the form of customer and interbank deposits from other GCC states

uae flag, UAE appoints Abu Dhabi Crown Prince’s son as chairman of State Security

New directive issued for Emiratis married to Qataris

Saudi, UAE and Bahrain ordered all Qataris to leave their countries within 14 days

Dubai’s new self driving strategy approved

The plan will see 25 per cent of all journeys in Dubai become self-driving journeys by 2030

Global leaders express concern as GCC dispute shows no let-up

Mixed messages from US officials have appeared to complicate the diplomacy

Dubai’s Emaar Hospitality CEO on why global expansion is the way ahead

The company is setting its sights on global markets using the strength of its Dubai base

Tips to keep health insurance costs down in the UAE

Health insurance premiums are rising strongly in the country

Emirati director Nayla Al Khaja calls for film fund to boost UAE cinema

Al Khaja says its important to generate support for the business side of the UAE’s film industry

UAE closes its airspace to planes from Doha, blocks Qatari websites

The website of Qatar Airways has now been blocked in the UAE

UAE re-imposes port ban on Qatari-linked oil tankers

The Abu Dhabi port authorities had eased the restrictions just a day earlier

Abu Dhabi’s Etihad Aviation Group ends JV talks with TUI AG

The potential joint venture involved the leisure operations of Air Berlin Group and TUIfly

Dubai’s RTA reveals new diversions on Jebel Ali-Lehbab road

The diversions have been announced as part of construction works for the Route 2020 project

Dubai’s new smart scheme will allow travellers to use smartphones as passports

The initiative, called Emirates Smart Wallet, is meant to further streamline travel movement at the Dubai airport

UAE-Qatar gas pipeline remains open due to energy needs – report

There are no indications the pipeline will be shut, according to reports

Kuwait emir arrives in Doha after Dubai visit to mediate GCC rift

Sheikh Sabah also visited Saudi Arabia on Tuesday to try to mend fences

Emirates has no current plans to buy additional A380s

An earlier report claimed that the airline was in talks over a deal for 20 A380s

Trump offers to help resolve Gulf crisis as UAE tightens squeeze on Qatar

The US President offered to help the parties resolve their differences, according to a White House statement

Expats residing in Qatar will not be eligible for visa on arrival in UAE

All travellers holding Qatari passports are currently prohibited from travelling to or transiting through the UAE

Qatar Airways ordered to shut down its UAE offices

The move follows a similar order issued by Saudi Arabia and Bahrain on Wednesday

More curbs on Qatar possible – UAE official

Qatar must make an iron-clad commitment to change its policies, says minister

Emirates considers flydubai tie-up, order deferrals as profit woes continue – report

President Sir Tim Clark said a convergence of operations with flydubai made sense