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UAE

Dubai Expo 2020 to allocate $1.36bn of contracts to SMEs

Opportunities for SME participation extend beyond the physical expo site and six-month duration of the event, according to Expo 2020

Dubai Properties launches new set of affordable townhouses in Serena

The Casa Dora community will be located within the developer’s Serena project in Dubailand

Abu Dhabi wealth fund ADIA appoints new global operations head

Garry Beaton joins the fund from Ashmore Group

Uber, Careem services down as drivers detained in Abu Dhabi

Some drivers had reportedly been detained over violations of regulations

Sheikh Mohammed makes surprise visit to Dubai government offices

A video of Sheikh Mohammed walking into an empty office has now gone viral

Over 50% of Redwood Park phase 2 at Dubai’s Jumeirah Golf Estates sold out

The developer launched the project for sale a month ago

UAE fuel prices to increase again in September

Minor price increases to come following the recent surge in the oil market

UAE energy minister: OPEC’s market share at a good level

Suhail al-Mazroui asserted that the market would “achieve stability soon”

Rasmala, Ajman Bank acquire 72 warehouses in Dubai Investments Park

Rasmala’s CEO has said the company will invest Dhs1bn in real estate over the next 12 months

Uber, Careem suspend Abu Dhabi services

The companies have not given any reason as to why their services were halted

Habtoor Leighton Group CEO released in Dubai without charge

Jose Antonio Lopez-Monis was detained by Dubai police on August 17

Woman dies in explosion at Dubai’s Al Khail Gate

A suspected gas cylinder explosion destroyed an apartment at the community on Wednesday

Landmark Group signs deal with Abu Dhabi’s Reem Mall for 23 stores

Landmark will occupy a total retail area close to 200,000 square feet within the mall

Dubai municipality inspecting 25,000 buildings under construction

Officials are undertaking the engineering supervision of the buildings

UAE professionals believe Dubai’s competitiveness not impacted by Brexit

Dubai’s status as a financial centre will not be impacted by Brexit, according to a CFA survey

Emirates NBD’s Islamic arm cuts over 100 jobs

Earlier this year, Emirates Islamic cut around 200 jobs

Azizi unveils Dhs750m apartment complex on Dubai’s Palm Jumeirah

Project follows the launch of Azizi’s Royal Bay Palm Jumeirah earlier this year

Explosion destroys apartment in Dubai’s Al Khail Gate

Two women were seriously injured and a baby also suffered minor injuries in the accident

Dubai’s Drake & Scull says it has not hired adviser to seek investment

An earlier report claimed the contractor had asked advisers for proposals to find strategic investors

Six Flags plans world’s biggest roller coaster in Dubai

The Six Flags theme park is coming up within Dubai Parks and Resorts

Video: Inside the world’s largest indoor theme park in Dubai

IMG Worlds of Adventure will open its door later this month

Majid Al Futtaim reveals Dhs600m expansion of City Centre Ajman

The renovated mall will feature 150 retail and dining outlets and an expanded VOX Cinemas

RAKBANK CEO expects challenging second half

Peter England said it would be a tough year for the bank despite some signs of improvement

Dubai resident detained for ‘illegally’ promoting charity released on bail

Australian-British national Scott Richards was arrested in late July

Video: Work progressing on Saadiyat Lagoons project in Abu Dhabi

The main construction contract is expected to be awarded before year-end

UAE offers Egyptian Central Bank $1bn deposit

Offer comes as the country continues to suffer from a dollar shortage

Dubai’s RTA to reopen Dubai Marina intersection adjacent to tram

The left and U-turns at the intersection of Al Sufouh-Al Gharbi Streets will open in early September

Dubai contractor Drake & Scull seeks new investors

The firm has been hit hard by an economic slowdown in the region due to low oil prices

Mild earthquake recorded in the UAE

The tremor at Dibba Al-Fujairah did not cause any damage

First half passenger traffic at Dubai World Central surges 95%

New flights from low cost carrier flydubai contributed significantly to the increase