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Mubadala GE Capital Considers Bond Issue

The company is casting its eye over potential arrangers of the bond, though no banks have been mandated yet for the trade, sources say.

UAE Announces Eid Al Adha Holidays For Private, Public Sectors

Public sector workers will be off from Oct 3-6, while private sector employees will receive holidays from Oct 3-5.

Majid Al Futtaim To Partner With British Firm AllSaints For Regional Stores

MAF-Fashion will begin the roll out of the AllSaints stores across the GCC in 2015, a statement said.

Emirates NBD Says 50% Of Emaar Malls IPO Subscribers Opt For Digital Channels

The bank said 2,900 applications for shares in the Emaar Malls IPO came via its ATM and newly launched eIPO platform.

RTA To Launch 35 New Mega Projects In Dubai

Dubai’s public transport agency will work on projects such as extension of the Dubai Metro’s red line, a major upgrade of roads leading to the expo site and a wider bus network.

UBS Shifts Dubai Representative Office To Abu Dhabi, Retains DIFC advisory

The move was part of the Swiss bank’s plan to “optimise its local operations” in the UAE, it said.

Dubai’s Marka Jumps 59% In First DFM Flotation Since 2009

The firm raised $75 million, 55 per cent of its capital, in April via an offer that was 36 times subscribed.

Nakheel Opens New Community Mall In Discovery Gardens

Discovery Gardens Pavilion has nearly 30 shops, a medical centre, a nursery, restaurants and cafes along with a Geant Easy supermarket.

Pictures: BlackBerry Launches New Smartphone ‘Passport’ In Dubai

The square-shaped smartphone targets business professionals and will retail for Dhs2,699 in the UAE.

Etihad Rail Signs MoU With Logistics Firm Agility

The agreement will enable Agility to use Etihad Rail’s service for distribution in the UAE and the GCC while improving the country’s logistics sector.

Dubai’s DMCC Awards Tender For Upcoming Burj 2020 District

Turner won the project management tender for the district, which will house the world’s tallest commercial tower, Burj 2020.

Dubai’s Skyscrapers Rank Among World’s Top 20 Most Expensive

The average prime capital value for a skyscraper in Dubai stands at $620 per sq ft, according to a new index.

Dubai’s Gulf Extrusions To Double Output

The firm, part of the Al Ghurair Group and one of the largest aluminium product makers in the Gulf, will lift annual output to 100,000 tonnes in the next three to four years.

Etihad Inks $14m Deal For Crew Training Equipment

As per the deal, Spatial Composite Solutions will provide Etihad with 14 cabin crew-training devices and will also refurbish the existing training equipment.

Stock News: Dubai Pulls Back, Qatar Starts To Recover

Wednesday is the last day when retail investors, who dominate Dubai’s market, can subscribe for shares in Emaar’s malls unit.

Masdar Buys 35% Stake In British Offshore Wind Farm Project

Masdar bought the stake in a $2.5 billion 402 MW offshore wind project from Norway’s Statoil.

Dubai’s Emaar Malls Listing Likely To Price At Top Of Range

The Dhs2.90 a share price would give the unit a value of Dhs37.7 billion, one of the sources said.

BlackBerry Set To Launch New Smartphone, Passport

The Passport boasts a big square screen and a unique touch-sensitive tactile keyboard.

UAE, Saudi, Bahrain Confirm Role In Strikes Against Islamic State In Syria

A sources said said the Saudis had sent four F-16 fighter jets, the UAE contributed four warplanes, Bahrain two and Qatar a Mirage jet.

UAE To Launch New Market For Trading Private Firm Shares

The new market targeting secondary listings from private joint stock companies will be operational within a few months, official news agency WAM said.

Dubai Properties Launches New Luxury Hotel In Culture Village

The new luxury hotel, which is scheduled to open by 2018, will be operated by Anantara Spa and Resorts, the developer said.

Dubai Aluminium Plans $600m Smelter Upgrade

The Dubai entity currently produces 1.1 million tonnes of aluminium per year, with the planned upgrade set to enhance output by 100,000 tonnes when completed.

Lenovo Launches First “Layered” Smartphone, VIBE X2 In UAE

The company also announced the launch of the VIBE Z2, and its flagship VIBE Z2 Pro, which is priced at Dhs2,499 in the UAE.

Pictures: Mega Launches And Displays From Cityscape Dubai

New project launches were announced by Dubai-based developers Nakheel, Damac, Deyaar and Meraas.

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Unit Of Dubai’s Emirates Group Wins Contracts Worth Dhs140m

Transguard said that it has won contracts with major firms such as TAV and Australian firm James L Williams.

UAE To Build $3bn Alumina Refinery By End-2017

Feasibility studies for the project have been completed, confirmed Emirates Global Aluminium CEO Abdulla Kalban.

Stock News: Emaar Lifts Dubai As Malls Unit IPO Pricing Nears

Emaar plans to sell 15 per cent of its subsidiary Emaar Malls Group (EMG) in an initial public offer launched this month.

Almost 57% Of UAE Residents To Invest In Dubai’s Property Sector

UAE residents more inclined to invest in property rather than gold, finds new survey.

UAE Oil Minister Says Premature To Decide On OPEC Output Target

Brent crude prices have fallen below OPEC’s preferred level of $100 a barrel.

Dubai Housing Costs Soar To Manhattan Peaks – Dubizzle

Several residents are being forced to move to the cheaper outskirts of Dubai or are also considering returning home abroad.