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Work begins on $1bn ICD Brookfield project in Dubai’s DIFC

The 1.5 million square feet mixed-use development is expected to be completed in 2018

Electrical short circuit caused Address hotel fire – Dubai police

The blaze on New Year’s eve gutted the 63-storey luxury hotel

Dubai’s Burj Al Arab to unveil new luxury leisure attraction shipped from Finland

The 10,000 sqm deck will extend 100 metres out into the Arabian Gulf and feature cabanas, sun loungers, a restaurant and a bar

Inequality rising: Richest 62 own as much as half of the world, finds Oxfam

Report finds that the wealthiest 1 per cent owns more than the rest of the world’s population

Aldar acquires Abu Dhabi office building, plans to boost income

Developer plans to generate Dhs 2.2bn in annual net operating income by 2020

Indians invested Dhs 20bn in Dubai’s property market in 2015

The overall value of property investment in Dubai grew 24 per cent to reach Dhs 135bn last year

Dubai Parks and Resorts – a new chapter begins

Chief executive officer Raed Kajoor al Nuaimi talks to Dean Carroll about Dubai Parks and Resorts’ flagship Dhs 10.5bn project and the company’s future plans

Shell exits $10bn Abu Dhabi gas project, UAE says not worried

The oil giant was jointly developing the Bab sour gas project with ADNOC

Meraas reveals rainforest bio-dome attraction

Concept is claimed to be the first of its kind in the Middle East

Filipino fast food chain Jollibee to open 100 stores across the GCC by 2020

The company’s Dubai Mall outlet is its most financially successful restaurant worldwide

UAE may exceed 24% renewables target

Minister of environment and water suggests the target was ‘conservative’

Revealed: Top 10 most popular brands in the UAE

Dubai airline Emirates tops the list as brand ambassador Jennifer Aniston creates a marketing buzz

Abu Dhabi bank NBAD to invest $10bn in sustainable businesses

The amount will be used to finance environmentally sustainable projects over the next 10 years

Dubai on track to beat Co2 emissions target

Emirate had set a goal of cutting carbon emissions prior to the COP 21 agreement

World Economic Forum 2016: Who will be attending from the GCC?

The annual gathering of world leaders will take place later this week in Davos

Emirates NBD posts 39% rise in 2015 net profit on low impairment charges

The Dubai-based lender posted a 32 per cent drop in impairment charges

UN chief launches humanitarian financing report in Dubai

Ban Ki-moon unveils landmark report in presence of HH Sheikh Mohammed bin Rashid Al Maktoum

UAE’s RAKBANK eyeing 250 job cuts – report

Cuts follow the 350 reported in November at FGB, HSBC and Standard Chartered

UAE, Saudi markets tumble as Iran nuclear accord takes effect

Iran is expected to raise oil supply in the market, which in turn is slated to further dampen prices

Value of GCC project contract awards to drop 15% in 2016 – report

GCC governments have slashed spending as oil prices continue to plummet

Iran to buy 114 Airbus aircraft following sanctions removal

Iran to buy 114 Airbus aircraft following sanctions removal

Mindshare MENA CEO Samir Ayoub quits after 17 years

Chief client officer Ravi Rao will replace him next month

Dubai developer Damac launches Dhs 850m project within Akoya Oxygen

Units at the Navitas Hotel and Residences project are priced from Dhs 440,000 onwards

More than half of UAE residents say their salary is too low to save money

Another third of cash-strapped employees cannot save a single dirham a month

German court overturns ruling on Etihad- Airberlin codeshare dispute

The UAE carrier has now been allowed to continue operating 26 of the 31 airberlin codeshare flights for the winter schedule

Banking on money centre lenders in 2016

US money centre banks will outperform as interest rates rise in 2016, writes Matein Khalid

Exclusive Interview: OSN CEO on the new golden age of television

From competition with YouTube and censorship in the Middle East, OSN CEO David Butorac talks candidly across a broad range of issues

Predictions 2016: Lulu Group chairman and MD Yusuffali M.A.

The retailer has aggressive expansion plans for the GCC this year, confirms Yusuffali

A week in the life of Kivanc Eralp

La Serre Bistro and Boulangerie’s procurement manager spends much of his week eating and meeting

Iconic hotels: Emirates Palace

Robert Anderson discovers what makes the world’s second most expensive hotel the crown jewel of Abu Dhabi hospitality