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UAE

Dubai bans disposable phone chargers

Companies have been given a month to halt the sale of disposable chargers

Nearly two thirds of Dubai schools can increase fees by 3.6% or more

The schools regulator announced in February that outstanding schools would be able to increase fees by 4.8 per cent

Five UAE football clubs to merge

The mergers will see the formation of two new clubs, Sharjah Sports and Cultural Club and Shabab Al Ahli Dubai Club

Dubai’s Alabbar says Noon ‘on track’ to launch in 2017, will move base to Riyadh

The $1bn e-commerce site was slated to launch in the UAE in January

Dubai’s two airports likely to welcome 100 million passengers in 2017

Dubai International welcomed 83.6 million passengers last year

Al Maha Nestle 1

Nestle officially opens Dhs530m Nescafe, Maggi factory in Dubai South

The Al Maha facility is Nestle’s 18th factory in the Middle East

New shopping centre opens in Dubai’s Jumeirah

The Mall spans two floors and houses more than 65 stores.

Dubai’s most expensive penthouse sold for $16.3m – report

Branded residential developments are known to command a premium

UAE businesses found unprepared for VAT introduction

Survey reveals most UAE businesses have no VAT strategy or budget in place

UAE Crown Prince meets with Trump at the White House

The meeting saw the signing of a defence cooperation deal

UAE ministry denies plans to tow icebergs for drinking water

Abdullah Mohammad Sulaiman Al Shehi, managing director of National Advisor Bureau Limited, was reported to have confirmed the plans earlier this month

Dubai’s Nakheel starts leasing at Nad Al Sheba Mall

The 1.2 million sq ft mall will have 200 shops, restaurants and entertainment outlets

Hilton Garden Inn hotel opens in RAK

The hotel is the result of a multi-million-dirham refurbishment project at the former Hilton Ras Al Khaimah

Emirati cuisine now mandatory for upscale hotels in Abu Dhabi

The new initiative will apply to restaurants and room-service offerings at four and five star hotels

Abu Dhabi’s Mubadala to invest up to $15bn in SoftBank fund

Saudi Arabia’s Public Investment Fund has also committed as much as $45bn to the fund

Dubai sees over 126% rise in new businesses launched during Q1

New businesses launched in Dubai during Q1 reached 308, compared to 136 in Q1 2016

Dubai firm GGICO aims to complete debt restructuring by June

The firms is expected to complete a restructuring of around Dhs2.36bn in loans

Food import ban will not affect UAE market during Ramadan

The UAE announced a ban on the imports of specific vegetables and fruits from five Middle Eastern countries

Abu Dhabi to cancel black points issued to motorists ahead of new regulation

Black points handed for major traffic violations will not be cancelled

Dubai launches mega Dhs6.3bn tourism project featuring two islands next to Burj Al Arab

As part of the Marsa Al Arab project, Wild Wadi Waterpark will be relocated closer to the beach

Dubai’s Emaar Properties Q1 profit rises 15%

Recurring revenues contributed to 39 per cent of the group’s revenue

Dubai closes $3bn of financing for airports expansion

The funds will be used to expand the Dubai International and Dubai World Central airports

Dubai developer Nshama launches more affordable homes in Town Square

The new Rawda Apartments feature one, two and three bedroom units

Human

UAE not hit by global cyberattack

A massive cyberattack hit almost 100 countries on Saturday

Dubai’s Emirates to launch third daily service to Brisbane

The direct service will be operated by a Boeing 777-200LR

Parts of the UAE hit by heavy rain

In Khorfakkan, the rains led to waterlogging on the streets

Dubai’s Nakheel awards Dhs1.5bn contract for the Palm Gateway project

The three-tower residential, retail and beach club complex will take two and a half years to complete

New four-star hotel announced for Dubai’s Sheikh Zayed Road

The hotel has been launched by UAE group RSG International in partnership with Rotana

UAE website JadoPado acquired by Dubai billionaire Alabbar-led tech fund

The $1bn tech fund was launched in August by a consortium of investors led by Alabbar

UAE’s TAQA swings to first profit in two years in Q1

Revenues rose to Dhs4.1bn, up 6 per cent, mainly due to higher oil and gas prices