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GE opens new aviation tech centre in Dubai as part of industrial internet push

The new centre began operations three weeks ago and will work on developing localised digital solutions for airlines

Standard Chartered appoints Wynter as UAE head

Julian Wynter was group head of internal audit for the lender and has also held country head roles in Malaysia and Japan.

UAE private sector holidays for Martyrs’ Day, National Day revealed

Private sector workers will get Wednesday, December 2 and Thursday December 3 as paid holidays

Dubai’s Al Habtoor to sell stake in CIMIC construction joint venture

Habtoor Group is planning to focus on its 100-per cent-owned assets including hotels, real estate and schools as part of its strategy

Dubai’s Al Habtoor to sell stake in CIMIC construction joint venture

Habtoor Group is planning to focus on its 100-per cent-owned assets including hotels, real estate and schools as part of its strategy

Top 10 areas in Dubai seeing the highest inflow of residents

Dubai Marina, Jumeirah Village and Downtown Dubai were among the most popular areas for residents

Emaar’s Jan-Sept net profit up 16%, Dubai sales drop 28.5%

The government-owned builder’s net profit rose 31 per cent during the third quarter of this year despite the sales slump in its home market

Dubai’s property deal values reach Dhs 186bn in nine months of 2015

There were around 33, 907 transactions within the first nine months of 2015, a new report shows

Etihad expands Saudi network through codeshare partner flynas

Saudi carrier flynas will begin a new five-times-per-week service between Riyadh and Abu Dhabi from December 16

Emirates, flydubai stop flying over Sinai peninsula after Russian plane crash

The crash on Saturday killed all the 224 people on board

Nakheel to build new beachfront resort in Deira Islands

The company is building a 550-room resort and a water park in partnership with Thailand-based Centara Hotels and Resorts

Exclusive: Dubai Duty Free’s Colm McLoughlin on building a successful business

Having been in his post since 1984, executive vice chairman Colm McLoughlin talks about the leadership and innovation necessary to create an efficient business

Iranian visitor numbers to Dubai up by 41% in 2014

Dubai also saw a growth in visitors from China while tourists from Russia and Germany slumped last year, a report says

Auditors, HR professionals in UAE to see highest salary rises in 2016

Average salaries for professional occupations are set to rise by 1.7 per cent next year, finds Robert Half report

Abu Dhabi airport passenger traffic up 18% in nine months of 2015

The airport saw the steepest growth in passenger traffic from the US routes, with a 44 per cent surge in travellers

Delta cancels Dubai-Atlanta flights as subsidy row heats up

The cancellation of the service will be effective from February 11, 2016, the airline said

Dubai’s Aramex targets acquisitions in range of $150m

Acquisitions are expected to help increase the firm’s presence in growth markets

Emirates Global Aluminium in talks for $5bn loan to refinance debt – sources

The company is seeking funds to refinance loans taken for the Emal projects, sources said

Etihad Rail awaiting regulatory nod to start operations on Stage 1

Authorities are also in the final stage of tender evaluation process for the second phase of Etihad Rail, an official said

Tight liquidity may force UAE bank NBAD to raise borrowing rates -CEO

Rising rates might also impact the bank’s third quarter earnings, the lender’s chief executive said

Dubai’s Emaar Malls Q3 net profit rises 17%

Emaar Malls made a net profit of Dhs 376m in the three months to Sept. 30

Abu Dhabi’s Reem Mall plans world’s largest indoor snow-play park

The 125,000 sq ft attraction will include family-oriented activities and experiences such as sledging, zorbing and luge

Nakheel’s Golden Mile Galleria opens on Dubai’s Palm Jumeirah

New development has 70 shops, restaurants and cafes

Dubai airport passenger traffic up 8.2% in September

The airport’s traffic during the first nine months of 2015 rose 12 per cent to around 58.7 million passengers

UAE lowers petrol, diesel prices for November

The price of a litre of octane 95 gasoline will drop 5 per cent to Dhs 1.7 from Dhs 1.79 in October

UAE’s Etisalat Q3 net profit falls 8.6%

The telecom operator made a net profit of Dhs 1.95bn in the three months to September 30

RAKBank launches Elite tier

The new premium banking offering will provide customers with a dedicated relationship manager available 24/7

UAE ranked first in MENA for ease of doing business – World Bank

The UAE increased its global ranking by one spot to reach 31 among 189 countries

Michael Dell: ‘I am just on a really big adventure’

Dell CEO says he is ‘tremendously excited’ about pending $67bn acquisition of EMC

Etihad Airways CEO sees more legal action in Air Berlin code-share dispute

The German government has said it will revoke approval for code-sharing by Etihad and Air Berlin on a number of routes which it says are not covered by the current bilateral air services deal