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Indian PM Modi begins two-day UAE visit

Narendra Modi is the first Indian Prime Minister to visit the UAE in 34 years

UAE launches online visa service for GCC residents

The service is available on the Fawri portal on the interior ministry’s website

Dubai’s Arabtec swings to Q2 loss as costs rise

Arabtec made a net loss attributable of Dhs 718.3m in the three months to June 30

To tax or not : How VAT will impact the UAE

The UAE is moving closer to implementing value-added tax. But will it impact the country’s competitiveness?

Emirates plans world’s longest non-stop flight with Panama service

The flight to Panama on a Boeing 777-200 LR jet will have a flight time of 17 hours and 35 minutes

US fashion brand Bebe plots Gulf expansion with new stores

The fashion brand is planning to open more stores in the UAE, Saudi Arabia and Qatar over the next few years

UAE’s Dana Gas extends earnings slump; Q2 profit plunges 85%

The company made a net profit of Dhs 25m ($6.8m) for the three months to June 30

Nakheel awards Dhs38m contract for retail centre, mosque in Al Furjan

The company said that it is developing a second retail centre within its Al Furjan community

Aster DM Healthcare expands to Bahrain, invests $2m

Aster will open four more outlets in the country over the next two years – including both medical centres and pharmacies

Dubai Aquarium introduces shark breeding programme, new visitor experiences

Two new educational experiences have been introduced to provide visitors with insights into the project.

Property prices in Dubai Marina drop 18%, Abu Dhabi rents increase

The dip came despite the community being the most commonly searched on Dubizzle

UAE attracts highest percentage of professional talent globally in 2014

India was the leading source market for migrating talent to the UAE, attracting 28 per cent of professionals last year

Starwood, Dubai Properties sign deal for four new hotels

Under the deal, Starwood will open three Aloft hotels and one Element hotel in Dubai

Emirates to launch more A380 services on Singapore-Australia route

The airline said that it will upgrade its Dubai-Melbourne route via Singapore to an A380 from March 1, 2016

Abu Dhabi sees 17% rise in visitors in H1 2015

Revenues for hotel establishments rose 8 per cent to reach Dhs 3.346bn in H1 2015, the latest figures reveal

Nakheel inks retail deal with Al Tayer Group for Al Khail Avenue

Al Tayer Group will bring brands including Gap, Mamas & Papas, Armani Exchange, Banana Republic, Areej, Caffe Nero, and Ocean Basket to Al Khail Avenue

UAE says 30 companies violated midday work ban

The ban prohibits companies from making their workers carry out any tasks under direct sunlight from 12.30pm to 3pm

Dubai’s July non-oil business growth slowest since 2012

The index fell to 53.1 in July from 55.5 in June, recording the slowest growth rate since March 2012

AW Rostamani Group’s car rental unit to invest Dhs 400m in expansion

The company aims to double its fleet to 10,000 vehicles by 2020

Indian Prime Minister Narendra Modi to visit UAE in August

Modi, who is likely to visit on August 16 and 17, will be the first Indian prime minister to visit the United Arab Emirates in 34 years

Dubai introduces innovation fee to develop Museum of Future

A fee of Dhs10 will be levied by some government institutions on certain transactions to support innovation

Emirates to upgrade all its London flights to A380

Following the upgrade, the airline will offer 70 A380 flights per week into the UK, more than any other country on the Emirates network

Moody’s sees UAE property firms’ adoption of IFRS 15 as positive

The new accounting policy will help in appropriately reflecting the companies’ financial performance and increase transparency, a new report says

Sheikh Mohammed launches UAE Innovation Week

The innovation week will see the UAE’s education, health, energy, environment, space, economy and service sectors present their innovations

RAK Ceramics acquires its Iranian subsidiary RAK Iran

The firm, whose Iran unit booked losses last year, did not specify if it is planning to expand its operations once sanctions are lifted

Air Arabia Q2 net profit falls 14%, beats forecasts

The Sharjah-based airline made a net profit of Dhs 146.2m in the three months to June 30

Dubai mall firm Majid Al Futtaim H1 revenue rises 7%

The privately-owned firm said in a statement revenue for the six months to June 30 was Dhs 13.7bn

UAE telecom sector opens to fixed-line competition

The liberalisation, which started in July, follows about five years of negotiations in which du has been seeking access to larger rival Etisalat’s networks

UAE hands over 4 major development projects in Egypt

The projects include 100 schools, 78 health clinics, four bridges and 600 public city buses

Emirates inks codeshare deal with Bangkok Airways, expands Southeast Asian network

The deal will add 14 more cities to Emirates’ network, allowing it to connect passengers to new tourist destinations in Thailand, Cambodia and Myanmar