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Dubai’s DP World H1 profit jumps 22%, acquisition helps

DP World’s revenue for the six months to June 30 was $1.90bn, up from $1.66bn a year earlier

Dubai needs stricter rules to govern private developers, says builder

The current slowdown will be beneficial for the real estate market by weeding out weaker developers, says RSG International chairman

Etihad CEO: “Nobody else wanted to invest in Alitalia”

James Hogan says global investment is not a threat but a lifeline for the aviation industry

UAE popular among female expats globally – survey

The country, however, did not make it to the top 10 most popular cities for expats globally due to its high cost of living and long working hours for foreigners

Domestic business lifts UAE’s NMC Health H1 profit 14.7%

NMC made an adjusted net profit of $46.9m in the first six months of this year up from $40.9m a year earlier

Abu Dhabi crown prince, Putin discuss stronger ties, Syria woes

Sheikh Mohamed Bin Zayed met with Russian President Vladimir Putin on Tuesday in Moscow

Freed UK hostage says ‘grateful’ to the UAE for the rescue mission

Bob Semple, a petroleum engineer, was working in the Hadramaut area in Yemen when he was kidnapped in February 2014

Dubai property slowdown due to tighter rules, not oil slump

Dubai has a low reliance on oil despite hydrocarbons providing three-quarters of the UAE’ consolidated revenue in 2014, according to credit agency Moody’

Abu Dhabi crown prince begins two-day Russia visit

Sheikh Mohamed Bin Zayed will meet Russian President Vladimir Putin to discuss bilateral relations and regional issues

Abraaj sells stake in Condor Travels to Abu Dhabi-backed Carlyle Group

The company did not disclose the size of the stake that was sold or the value of the deal

Air Astana resumes Astana-Dubai route after five years

The Kazakh airline resumed operations between Dubai and Almaty in September last year

UAE’s Al Noor plans to double capacity after steady H1 -CEO

Al Noor made a net profit of $44.9m in the first six months of 2015 versus $45.6m a year earlier

New rules authorise Dubai police to impound vehicles for racing on roads

Police can seize a vehicle if the owner has unpaid fines worth Dhs 6,000 or is found to be racing

Russia’s Rosneft in talks with UAE’s Mubadala on east Siberian fields – Kremlin

Rosneft, the world’s top listed oil company by output, is in talks with Mubadala to jointly develop two projects

Developer Omniyat launches Dhs 1bn luxury hotel in Dubai

The Langham Place Downtown Dubai, featuring a five-star hotel and serviced apartments, is expected to be completed in 2018

UAE among top 5 ‘at risk’ countries for mobile security

The Emirates ranked at the bottom of a list of countries that have high levels of mobile security, a new survey showed

UAE Exchange names new CEO, makes changes to board

Deputy chief executive Promoth Manghat has been promoted to chief executive, the Abu Dhabi-based company said

Dubai stock index rebounds into positive territory

Real estate shares led the recovery with leading developer Emaar Properties gaining 1.8 per cent and DAMAC Properties rising 3.3 per cent

Over half of Dubai residents don’t have home insurance – survey

Up to 67 per cent of apartment buildings and 50 per cent of villas in Dubai are uninsured, says survey by MoveSouq.com and RSA

Dubai’s Nshama awards construction contract for Town Square projects

The contract for the Zahra and Hayat Townhouse communities in Town Square has been awarded to Beaver Gulf Group

Dubai to have 27 new private schools by September 2016

Increased supply is expected to ease the financial burden of high school fees on parents and provide them with more choices, officials said

Dubai contractor Drake and Scull appoints Deeb as CFO

Deeb was formally CFO of Abu Dhabi-based family conglomerate Al Jaber Group, whose core business is construction

Dubai stock market suffers biggest one-day fall since December 2014

Dubai’s stocks closed down 7 per cent as oil prices weakened

UAE Armed Forces rescue British hostage in Yemen

The hostage Douglas Robert Semple, a 64-year old petroleum engineer, was working in the Hadramaut area when he was kidnapped

Introduction of VAT in UAE unlikely to deter foreign investors – analyst

The UAE is currently in the process of drafting out laws for the implementation of value added tax

Emirates and Etihad among the world’s top 10 safest airlines

Hong Kong’s Cathay Pacific tops the list, as compiled by the Jet Airliner Crash Data Evaluation Centre

Dubai continues push to become global design hub by 2020

The recently developed Dubai Creative Clusters Authority is investing heavily in the design sector

UAE stocks sink on oil’s slide, Saudi worries

The main stock index in Dubai, the region’s most volatile market, tumbled 4.0 per cent to 3,563 points, hitting a four-month low

Exclusive: Gerald Lawless on Jumeirah Group’s ambitions

Jumeirah Group CEO Gerald Lawless opens up on everything from building a global brand and avoiding Disneyfication in hotels to disruptive technology, the Qatar World Cup and much more besides


RTA inks deals with seven Dubai schools to provide transport services

The deal will see RTA’s unit Dubai Taxi Corporation’s buses transport 2,500 students from these schools during the new academic year