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Dubai’s Damac says $380m of contracts awarded in Jan, Feb

Among the main contracts awarded were for various services at its Akoya Oxygen, Damac Hills, Aykon City and Avanti and Merano Tower projects

Emirates bookings to US dropped 35% overnight after Jan travel ban

“The effect it had was instantaneous” said president Tim Clark

Dubai introduces fines of up to $5,445 for illegal drone use

New rules will fine those using drones, fireworks and other aerial equipment without permission

Abu Dhabi’s Aldar set to soon open 2.4km canal in its Shams project

Final testing and commissioning work is underway

UAE’s NMC Health appoints new CEO

Prasanth Manghat will replace founder B R Shetty as the new CEO

Revealed: Top companies to work for in the UAE

DHL tops the annual list for the fourth consecutive year

Dubai sets up new court to resolve cases in ‘one-day’

The initiative will reduce the process of resolving minor cases to two steps

In pictures: What a hyperloop station in Dubai will look like

Hyperloop One is developing a system that will reduce the travel time between Abu Dhabi and Dubai to 12 minutes

Hyperloop One to hire dozens of UAE staff

The plans follow cooperation deals with Dubai’s Roads and Transport Authority and DP World last year

Dubai’s ENOC-owned Dragon Oil appoints new CEO

Dragon Oil’s new board of directors was appointed in January this year

UAE economy expected to grow 4% in 2017 – minister

The growth will be aided by the UAE’s increasing attractiveness as an investment destination

Etihad tells travellers to check with US missions after new Trump order

US President Donald Trump signed a revised executive order banning visits by nationals of six Muslim-majority nations

Dubai opens new St. Regis polo resort

The Andalusian-style resort is the first St Regis-branded polo resort globally

Two killed, eight injured in accident on Dubai’s Al Wasl Road

The crash happened on Monday evening

Abu Dhabi’s new Midfield terminal opening delayed to 2019

The terminal had been due to open in September 2017

Dubai’s RTA reveals traffic diversions on Sheikh Zayed Road until July 2018

The diversions, between Interchanges 2 and 3, begin from March 10

Abu Dhabi Islamic Bank considering dollar sukuk issue

The lender could potentially issue in May this year

Dubai airline Emirates says it employs over 29,0000 women

Women make up close to 44 per cent of the airline’s workforce

UAE’s Al Futtaim launches new 100-store mall with IKEA, ACE in Dubai

The mall, located in Jebel Ali area, is set to be completed by Q1, 2019

Emaar chairman hopes for better year after ‘tough’ 2016

Alabbar said he was “cautiously optimistic” about Dubai’s property market

UAE launches year of giving strategy, seeks private sector contribution

The strategy aims to see private sector firms contribute to national development

Dubai Financial Market launches ETF trading platform

The platform launched with one ETF from Afkar Capital

Abu Dhabi aims to soon close financing for ‘world’s largest’ solar power plant

A consortium of Japan’s Marubeni and China’s JinkoSolar Holding won the bid to build and operate the 1,177MW plant

Dubai to introduce further regulations for desert tour, camp operators

Dubai Tourism said it has created a more “manageable and cohesive” set of rules

Profit at Abu Dhabi's Mubadala climbs 12.4%

Abu Dhabi’s Mubadala sells part stake in Advanced Micro Devices

Mubadala sold 45 million shares in AMD for around $613m

UAE non-oil private sector growth highest since Sept 2015

New business inflows rose sharply and at the fastest rate since September 2015

Dubai’s Audacia Capital buys 25% stake in car rental firm Ekar

The company launched its pay per hour car rental service in Dubai in January

Emirates NBD to list Islamic REIT fund on Nasdaq Dubai

The firm will use its proceeds to fund acquisitions of real estate assets

Pictures: Dubai reveals plans to develop city’s largest public park

The construction of the first phase of the park, covering 318,000 sqm, is scheduled to commence later this year

Demand for oil is “healthy” – UAE energy minister

The global forecast for oil demand stands at 1.5 million barrels per day in 2017