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UAE

Dubai’s new standard tenancy contract: Points to consider

The new standard contract became mandatory from March 1, 2017

Virgin Mobile MEA appoints new Dubai-based group CEO

Alan Gow’s appointment comes even as the brand prepares to launch operations in the UAE

Revealed: Top 10 airlines in the world – TripAdvisor

Dubai’s Emirates has been named the world’s best airline

Dubai’s ENOC awards contract for Jebel Ali refinery expansion

Rotary Engineering Fujairah will construct 12 new storage tanks

Damac’s $1.35bn luxury project in Dubai’s Burj area now 85% complete

Damac Towers by Paramount Hotels and Resorts features four towers

World’s largest Mercure hotel to open in Dubai

Accorhotels aims to complete the renovation of all 1,015 units by the end of 2018

Saudi’s STC beats Emirates to rank as Middle East’s most valuable brand

Emirates had led the Brand Finance top 50 list since 2010

Over 42% of Dubai residents saw rents rise in the past year – report

Only 10.3 per cent of tenants in the emirate registered a drop in rents over the past year

Dubai reveals new holiday home regulation

Dubai’s private sector sees strongest growth in two years

The growth was driven by an expansion in output and new orders

Dubai hotel rates slide in March

The month saw significant growth in supply and demand

UAE’s Federal National Council to call for limits on school fee increases

Rising school fees have been a common complaint of parents in the country

Expo 2020 Dubai opens tender for perfume producers

One producer may also be selected to create a distinctive scent for the event

UAE declares Isra’a Wal Miraaj holiday for public and private sectors

Public and private sector workers will get one day holiday

Dubai property market will see upturn in 2017- KPMG

Dubai sees rise in off-plan property sales

Transactional activity for residential property rose by 25 per cent quarter on quarter in Q1

Dubai Islamic Bank wins $2bn land dispute

Plantation Holdings had alleged DIB breached its duties as mortgagee

Dubai’s DEWA to build three new substations worth Dhs1bn

The 400 kilovolt (kV) substations will be built over the next three years

Dubai exchange may launch gold contract for retail investors

The contract could be smaller in size than the existing DGCX Spot Gold contract

Dubai’s P&O Ports wins 30-year concession in Somalia’s Puntland

The project includes a 450m quay and 5 hectare back up area

Dubai’s Damac awards Dhs58.4m contract for villas at Akoya Oxygen

The contract has been awarded to Towers Technology Contracting

Dubai’s Drake and Scull to talk with banks about existing debt

The company has reported worsening earnings in nine of its last 11 quarters

Hyperloop One begins hiring as it prepares to open Dubai office in September

Hyperloop One is developing a system that will transport people between Abu Dhabi and Dubai in 12 minutes

UAE pledges $68m to support Syrian refugees

The UAE provided a total for $832m in aid for Syria by the end of 2016

Dubai residential rents won’t recover in 2017 – Core Savills

The company said a smaller tenant base and trend of owner occupiers would continue to impact demand this year

Dubai’s Nakheel awards $37m contract for Dragon City hotel

Work on the 304-room Premier Inn is set to begin in Q2

Dubai’s Emirates offers Surface tablets to passengers on US flights

Etihad and Qatar also introduced similar services last week

Dubai Police denies arresting hackers targeting White House

A report on Monday claimed the men were arrested in Ajman

Al Hilal Bank appoints new CEO

Former chief executive Khaled AlKhoori stepped down in late January

Hilton to open $43m DoubleTree hotel in Sharjah

The hotel, set to open in 2020, will offer 254 suites and serviced apartments

Apple reveals plans for new store in Dubai Mall

Apple currently has two stores in the UAE including one in Mall of the Emirates

Business activity growth in UAE’s private sector touches 25-month high

Business activity was led by new projects, a further general improvement in economic conditions and market demand