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Dubai’s Ruler Issues New Law On Aviation Safety

The law regulates the usage of laser, fireworks, light beams and drones in Dubai’s airspace.

Dubai’s Nshama Awards Dhs22m Deal To Al Naboodah For Town Square

Al Naboodah will carry out the complete earthwork grading for the 31 million sq ft project.

Emirates Launches Second Daily A380 To London Gatwick

Capacity rise on key London route coincides with arrival of its 60th A380 aircraft

ADNOC To Start Monthly Oil Product Deliveries To Egypt Next Week

The Egyptian government had said state-owned EGPC will buy 65 per cent of its oil product import needs from ADNOC in 2015.

Dubai’s Landmark Aims To Double Online Sales, Plans Major Expansion

LandmarkShops.com recorded a 200 per cent year-on-year growth in revenue for the fiscal year 2014-2015.

Almost 75% Of GCC Women Say Not Treated Equally At Work- Survey

A new study reveals that majority of women in the GCC feel disadvantaged at work due to prevalent gender inequality.

Dubai’s RTA Begins Work On Dhs32m Cycling Track

The new track will connect the existing cycling path at Seih Assalam to Mohammed bin Zayed Road and onwards to Nad Al Sheba.

Mohamed Alabbar to acquire stake in YNAP from Richemont

Dubai’s Emaar Reelects Mohammed Alabbar, Eyes Bumper 2015 Profit

The listed developer also projected a higher profit forecast for this year and approved a cash dividend worth Dhs1.07 billion.

Dubai’s Emaar Properties Forecasts 2015 Profit Above Market Estimates

Emaar Properties expects a 2015 net profit of Dhs3.695 billion, higher than the Dhs3.366 billion average forecast.

Etihad Airways Added $1bn To Europe’s Economy In 2014

The airline’s capital spending on aircraft and other aviation equipment pumped in $2.6 billion to the European economy last year while supporting 28,100 jobs.

Dubai Bank DIB Happy With Capital Base – CEO

The bank sold a $1 billion capital-boosting sukuk issue in January.

Stock News: Dubai Posts Biggest Daily Gain In 10 Weeks On Strong Q1 Results

The Dubai index jumped three per cent, hitting a two-month closing high of 3,942 points.

Deutsche Bank Fined $8.4m By Dubai Regulator

The regulator penalised Deutsche Bank on finding “serious contraventions” in the lender’s Dubai operations.

Over 80% Of Dubai Residents Faced Rental Rise On Contract Renewal

Over 60 per cent of residents plan to move to a new home before their next lease renewal, finds new survey.

Private Equity Firm Abraaj Appoints MENA Investment Head

Huda al-Lawati was previously a managing director at Abraaj, having joined the firm in 2004 as an analyst.

Dubai Islamic Bank Q1 Net Profit Rises 34%, Beats Estimates

The bank made a net profit attributable to shareholders of Dhs816.7 million in the first quarter of 2015.

UAE Employment Rate Up By Record 10% In 2014

The total number of workers in the country reached over 4.4 million, according to data from the Ministry of Labour.

UAE Court: Reem Island Suspect’s Mental Health To Be Examined

The ruling comes as the accused Alaa Bader Abdullah told the court in a previous hearing that she was not mentally stable and had suffered from hallucinations.

Dubai’s Deyaar Q1 Net Profit Rises 6%

The developer made a quarterly profit of Dhs55.2 million in the three months to March 31.

Dubai’s TECOM Investments Says Completes $1.1bn Loan Upsizing

The firm said in January that the cash would be used to fund the company’s general corporate needs, new developments and growth plans.

Abu Dhabi Crown Prince To Meet Obama At White House Next Week

The National Security Council said the meeting is scheduled for next Monday.

Dubai Metro Expansion To Push Up Nearby Property Prices by 10-15%

Properties in close proximity to the new stations may receive stronger interest, even in the short term, Valustrat said.

Sheikh Mohammed Asks UAE Residents To Name Country’s Mars Probe

Dubai’s ruler asked residents to share their suggestions on Twitter via the hashtag Mars_Probe.

Dubai’s Noor Bank May Sell Debut Sukuk After Setting Up $3bn Programme

Noor Bank said its sukuk programme had been arranged by itself as well as Citigroup and Standard Chartered.

Dubai Issues New Law On Lost/Abandoned Property In Emirate

Those finding abandoned plots of land in Dubai are required to report the property to the police within 48 hours.

Cyber Attacks Targeted At UAE Increase – Report

Symantec also reported a slight increase in cyber criminals exploiting online IT vulnerabilities in the country.

Video: ‘Spiderman’ Climbs World’s Tallest Twisted Tower In Dubai

Alain Robert, 52, climbed the 75-storey tower in Dubai Marina in 65 minutes.

Majority Of UAE Residents Use Funds From Bonus To Pay Debts, Bills

Emiratis are the most likely to spend their bonus amounts while Indian expats are most likely to invest their bonus payments in a savings scheme, a new survey says.

Miami-Based Delano Hotel To Open In Dubai

Delano Dubai, 110-key deluxe hotel apartments, will be a part of a mixed-use resort development The8 in Pam Jumeirah.

Dubai’s DGCX To Set Date In Two Weeks For Launch Of Spot Gold

The exchange is still in talks with a local bank about the contract.