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Abu Dhabi awards China’s CEFC 4% of oil concession for $900m

The stake is the last to be awarded in the concession

Dubai’s DIFC could have more than 1,000 firms by 2024

The state-owned financial free zone reached 447 financial firms in 2016

Dubai’s Jumeirah Golf Estates says new townhouses ‘sold out in three hours’

The townhouses, priced from Dhs1.3m onwards, were launched for sale in Dubai last week

Dubai Holding launches new investment firm to support start-ups

The company will enable new businesses in the region to access capital

Top Dubai schools can hike their fees by up to 4.8%

Schools will be permitted to increase their fees depending on their KHDA inspection rating

UAE to explore deeper defence ties with Australia

The two agreed to consider a 10-year defence plan that could include more than $767m in sales to the UAE

UAE expects to award Dhs20bn deals at IDEX

Over 1,200 companies are participating at IDEX, the region’s largest defence expo

In pics: World’s biggest night market takes shape at Dubai’s Deira Islands

The Dhs1.57bn Deira Night Souk project is slated to open before the end of 2018

Dubai’s Gulf Navigation reaches settlement over oil tankers

“Our primary objective to seek fair and amicable settlements in respect of legacy disputes,” said group CEO Khamis Juma Buamim

Oil prices rise as Iran backs output cap; UAE expects positive impact

UAE’s ADNOC awards China’s CNPC 8% stake in onshore concession

The onshore concession is operated by the Abu Dhabi Company for Onshore Petroleum Operations

UAE climbs 17 places on economic freedom index

The country entered the top 10 of the list while Bahrain and Oman dropped dozens of places

Dubai Airports expects 143 million passengers in 2020

The airports operator is targeting a $53bn share of the aviation sector

Trump’s defense chief Jim Mattis visits UAE in first Middle East trip

Mattis, a retired Marine general, is reviewing US war plans against ISIL in Syria and Iraq

Cayan condemns model filmed hanging off Dubai tower

Cayan said Viki Odintcova carried out the stunt without its permission

Emaar launches new waterfront project at Dubai Creek Harbour

Harbour Gate will offer 491 one, two and three bedroom apartments

Donald Trump Jr, Eric Trump open Dubai golf course, praise the UAE

The Trump International Golf Club Dubai has been developed by Damac Properties

GCC States to maintain defence spending despite oil price slump

Saudi Arabia and the UAE’s defence spend as a share of their GDP is the highest in the world

Sheikh Mohammed names new Dubai World board

Dubai World holds some of the state’s key port and free zone assets.

Abu Dhabi’s new $125bn fund to start operating in May

The new firm has been formed by merging Mubadala and IPIC

Dubai expected to issue dollar bond this quarter

The size of the deal is likely to be larger than a benchmark issue

UAE telecom operator du targets $272m in savings by 2019

The company started a restructuring process in Q2 2016 that included some job cuts

Dubai reveals new holiday home regulation

Dubai house prices and rents to fall another 10% in 2017 – S&P

The company said the UAE real estate sector faced another tough year

Flydubai to launch three new summer destinations

The airline will operate to Batumi in Georgia, Qabala in Azerbaijan and Tivat in Montenegro from June to September 2017

Abu Dhabi growth “under pressure” as low oil prices hit spending – Moody's

Talks by UAE fund IPIC seeking $6.5bn from Malaysia’s 1MDB deadlocked

IPIC took its case to the London Court of International Arbitration last June

UAE court upholds life sentence for Emirati found guilty of joining terrorist group

A woman was also sentenced to 10 years in prison for pledging allegiance to Daesh

Video: UAE’s first nanosatellite successfully launched into space

Nayif-1 is the first 1U nanosatellite programmed to transfer messages in Arabic

UAE’s ambassador to Afghanistan dies of bomb attack wounds

The bomb attack in Kandahar last month also killed five Emirati aid workers

Dubai’s Nakheel unveils Dhs850m new phase of Ibn Battuta expansion

The expansion will include a new residential tower, retail, cinema and car park complex

Abu Dhabi rents to dip in 2017 due to mergers, new supply

Thousands of new apartments and potentially decreased housing allowances are expected to weigh on the market

New Dubai unified rental contract to become mandatory in March

The new contract aims to guarantee the rights of landlords and tenants