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French Affordable Smartphone Player Wiko Launches In UAE

Wiko, which claims to be Europe’s fastest growing smartphone brand, has launched eight models in the UAE.

Germany Examines Etihad, Air Berlin Codeshare Plans

Air Berlin said that the authorities were trying to put a new spin on the provisions of an air transport deal between Germany and the UAE during the review of the airlines’ winter schedules.

UAE Firm Signs Deal To Build Egypt’s First Coal-Fired Power Plant

Al Nowais Investments, an Abu Dhabi-based private firm is leading a consortium to build Egypt’s first coal-fired power plant in the Suez area.

Dana Gas Signs Deal To Recover $280m Owed By Egypt

The company has had problems recovering payments in Egypt because of political turmoil and said in August that it was working with the Egyptian government to agree a new deal.

UAE’s TRA Warns Against Fake iPhone 6 Units

The regulators warnings come after a number of fake iPhone 6 handsets were confiscated from various locations across the UAE.

Etihad Rail Set To Launch Next Phase Of UAE Railway Network

The second phase of the UAE railway project, which at 628 kilometres is the longest of the three planned stages, is expected to be funded by the UAE federal government.

Emirates Signs 10-Year Management Deal With Angola Flag Carrier

Dubai carrier appoints senior managers but will provide no equity.

Mohammed Bin Rashid Foundation JV Launches Lifestyle Project In Dubai

As per the deal, MBRF will extend part of its land bank to newly launched developer Nshama to build an integrated community project at a central Dubai location.

State-Owned Dubai Development Seeks Merger, Acquisition Options

Listed on the DFM in 2007, the Dubai-based company was formed in 1975 to support the city’s residential development.

UAE’s Amanat Holdings To Open Dhs1.4bn Dubai Share Sale On Oct 20

Amanat will use the funds raised from the offering to establish companies in the healthcare and education sectors.

UAE Urged To Have More Home-Grown F&B Operators

Up to 80 per cent of the UAE’s food sector is currently franchise-operated, according to Salem bin Dasmal, founder of Silver Spoon Investments.

Le Méridien Al Aqah Renovations Near Completion

Emirates Group’s east coast resort to unveil new rooms and improved connectivity

Dubai’s Emaar Properties’ Malls Unit IPO Priced At Top Of Range

Shares in the Emaar Malls Group IPO were priced at Dhs2.90 per share, giving an overall sale value of Dhs5.8 billion.

Pictures: Nakheel’s Upcoming Dhs150m Palm Jumeirah Boardwalk

The developer has awarded a contract for the project to Overseas AST Company.

Dubai’s DMCC Launches Health Insurance For Member Firms

The free zone said that its health insurance solution has been tailored to suit its members so that smaller firms can experience the benefits that are usually available to large corporates.

Dubai Tops List Of Billionaire Cities In The Middle East

The city has 34 billionaires with a combined wealth of $79 billion, says new report by Wealth-X and UBS.

UAE’s TRA Records Surge In National Domain Registrations

The rise in registrations on the UAE’s national domain also indicates an increase in the amount of Arabic content online, the telecoms regulator said.

Real Madrid And AC Milan To Play In Dubai On December 30

Football fans set to flock to Sevens Stadium to see two giants compete in Dubai Football Challenge

Dubai’s Emirates NBD To Price NZ Dollar Bond On Monday

The bank has set initial price thoughts for the $77.6 million issue of five years duration at 165 basis points over New Zealand midswaps, the document showed.

UAE’s Dana Gas Says Wins Gas Concessions In Egypt

The company will operate the North El Salhiya onshore area on a 100 per cent basis, and will partner with British major BP to explore El Matariya on a 50:50 ownership basis.

ISIL Threat Requires “Globalised Response” – Sheikh Mohammed

The extremist organisation “can and will” be defeated militarily, the UAE Vice-President and Prime Minister wrote in a column.

PepsiCo Opens Food And Beverage Innovation Centre In Dubai

The new innovation centre will help develop products that will cater to the tastes of the local market and boost regional sales, the company said.

Dubai Amlak’s Shareholders Back Debt Restructuring

The shareholders agreed to the issuance of a sharia-compliant instrument worth up to Dhs2.1 billion ($571.8 million) and convertible into company stock, the company said.

UAE Ministry Of Health Cuts Prices Of 422 Drugs

The price reduction, the fifth in the UAE since 2011, will be carried out in cooperation with international pharma firms, the official news agency said.

Abu Dhabi Grants Licenses For Solar Power Generation

Abu Dhabi Judiciary and Al Ain Zoo are among the institutions granted licenses to generate electricity through solar power.

Etihad Launches Its First Boeing 787-9 Dreamliner Aircraft

The Abu Dhabi carrier’s first Boeing 787-9 Dreamliner will be delivered in December this year, the company said.

U.S. Approves $2.5bn To Upgrade Used Military Vehicles For UAE

The Defense Security Cooperation Agency agency said the deal would help UAE protect its troops, better provide humanitarian assistance, and protect vital commercial trade routes.

Interview: Damas CEO On The Jeweller’s Re-Rise In The UAE

Exclusive: Anan Fakhreddin reveals how the company is rebuilding itself after hitting rock bottom in one of Dubai’s largest business scandals.

Etihad Launches First A380 And New Corporate Look

New-look UAE National Airline unveils the first of 10 A380s which aims to fly from December

Transport App Uber Launches Two New Services In Dubai

A new affordable option, uberX and a corporate account service, Uber for Business, will now be available in Dubai.