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Dubai Developer Omniyat Says 81% Of Units Sold Off In New ANWA Project

The Dhs600 million seafront project registered Dhs432 million in sales during the first phase of launch.

Exclusive: Flydubai CEO On The Low Cost Airline’s Meteoric Rise

Ghaith Al Ghaith describes how flydubai became the Middle East’s largest short-haul airline in just five years.

Exclusive: New York University President On The Move To Abu Dhabi

John Sexton, the president of one the world’s top universities, explains why he decided to expand to Abu Dhabi.

UAE Says Oil Price Drop Won’t Last, Market To Return To Balance

UAE Oil Minister Suhail Bin Mohammed al-Mazroui said that all players must shoulder their responsibilities to reach market balance.

BlackBerry To Launch New Classic In UAE Before Year-End

The phone, priced at Dhs1799, is modeled around BlackBerry’s popular Bold 9900.

Dubai’s DP World Says Shareholders Back EZW Buy, London Delisting

The assent was granted at a meeting on Thursday, with the proposals receiving near-unanimous support from independent shareholders, DP World said.

Stock News: Gulf Markets Surge As Oil Rebounds; Dubai Up 13%

Stock markets in Saudi Arabia and the UAE soared on Thursday as the price of oil rebounded.

Dubai’s ENOC Slashes Retail Diesel Charges As Oil Price Plummets

The fuel retailer said that the price reduction is in line with the international crude oil price trends.

Stock News: UAE Markets Soar On Stronger Oil; Dubai Up 7.7%

The price of brent crude for February delivery settled up two per cent at $61.18 a barrel on Wednesday.

UAE Regulator Urges Brokerages To Obey Margin Trading Rules

The SCA also stressed that brokerages must inform clients of any shortages in their margin accounts on a daily basis.

Dubai’s Drake And Scull Mulls Share Buyback

The company’s shares have plunged 42 per cent since the end of October as part of a panic sell-off in the Gulf.

Sheikh Mohammed Launches New Strategy, Dubai Plan 2021

The plan outlines the emirate’s development framework over the next seven years.

Two UAE And Two Egyptian Military Officers Die In Plane Crash

The officers were killed on Wednesday when their plane crashed during a joint exercise in Egypt.

Dubai, Bahrain Bourses To Simplify Share Transfer

Shares of three Bahraini companies are listed on DFM and accounted for one tenth of the bourse’s traded value this year.

Dubai’s Off Plan Property Sales On Rise – Cluttons

The emirate’s off-plan sales market has been attracting strong investor interest despite a fall in house price growth, a new report says.

UAE Economy Minister Reassures Investors After Stock Market Plunge

The minister urged investors to base their decisions on careful analysis and act rationally.

Over 80,000 People To Travel On 240 Emirates Flights On Dec 19

The Dubai-based carrier is preparing for its ‘busiest’ week of 2014.

Serbia’s Central Bank Issues Licence To UAE’s Mirabank

The bank is expected to start its regular operations by the end of March 2015.

Revealed: Top 2014 Google Search Queries In The UAE

World Cup 2014, iPhone 6 and Malaysian Airlines top Google 2014 trending searches in the UAE.

Stock News: Gulf Markets Tumble, Lose $49bn, As Oil Slides Below $60

Dubai’s index closed 7.3 per cent lower at 3,084 points, a one-year low, while Abu Dhabi’s benchmark ended 6.9 per cent lower on Tuesday.

Posh New York Nightclub Provocateur Dubai To Launch On Dec 18

Located at the newly opened Four Seasons Resort Dubai, Provocateur Dubai aims to be the first electronic music venue in the city.

Dubai House Rents Stabilise But Still Far From Affordable –CBRE

Residential rents in Dubai grew just seven per cent in 2014 while sales prices rose 18 per cent, a new report says.

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UAE’s Abraaj Sells 21% Stake In Integrated Diagnostics Holdings

The company did not disclose the value of the deal or the size of its remaining stake in Integrated Diagnostics Holdings.

Gulf Can Cope With Cheaper Oil, IMF Says As Bourses Plunge

GCC states should rein in state spending, but in a gradual way to avoid hurting economic growth.

UAE Economy Minister Says Can Keep Spending Despite Oil

The country’s large fiscal reserves will allow it to keep spending on development projects.

Dubai’s Economy Coping Well With Global Difficulties – Sheikh Ahmed

Sheikh Ahmed also said the government would seek to control inflation to keep the emirate competitive in business terms.

Former British Regulator Sants To Advise Abu Dhabi Financial Zone

Hector Sants will advise the Abu Dhabi Global Market (ADGM) on the creation of its regulatory framework and its strategy.

Emirates To Start A380 Flights To Perth

Emirates set to be first airline to fly the A380 to Perth next summer

Stock News: Dubai Tumbles To One-Year Low On Weak Oil

The Dubai equities benchmark tumbled 7.7 per cent to 3,068 points, a one-year low.

UAE Says No Need For Emergency OPEC Meeting, Market Will Fix Itself

UAE Oil Minister Suhail Bin al-Mazroui’s came as brent prices neared $60 a barrel.