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Dubai Airport Plans Major Cargo Expansion

The airport’s cargo capacity is set to increase to 3.1 million tonnes by 2018.

Emaar Launches New Address Hotel In Downtown Dubai

The Dubai-based developer has announced the launch of The Address The BLVD, its first luxury hotel since the property crash.

Dubai Is Most Expensive City In ME

UBS’s annual cost of living study ranked the city 22nd globally.

UAE’s First Gulf Hires Banks For $800m Loan

The loan facility will be used to fund the Abu Dhabi-based bank’s growth and expansion.

Dubai Group Eyes Stake Sale In Lafarge Venture

Debt-ridden Dubai Group is reportedly in talks to sell its 45 per cent stake in a joint venture firm with cement maker Lafarge.

RBS, Other Banks Sue Dubai Group Over $10bn Debt

The three banks failed to reach a restructuring deal with Dubai Group, the investment vehicle of Dubai Holding.

Etisalat Raises $510m From Axiata Stake Sale

UAE telecommunications operator Etisalat sold 775 millions of its shares in Axiata.

The UAE’s Nuclear Energy Efforts Are Full Steam Ahead

Following the Fukushima disaster last year, how can the country learn from those mistakes and ensure it gets its $20 billion project right?

Price Of Apple iPhone 5 On UAE Grey Market Will Soar

Retailers warn UAE customers to wait and buy Apple’s new iPhone from official outlets as grey market prices are higher.

World’s Tallest Residential Tower Launches In Dubai

The Dhs1.5 billion Princess Tower is 98 per cent sold, says developer Tameer.

Daman Puts IPO On Hold Until 2014

The Dubai-based investment company blamed a lack of liquidity in the market for postponing its IPO and preventing Dubai’s full recovery.

Emirates NBD Expands Into China

The lender opens Beijing office to tap rising financial ties between the UAE and China.

Arab Spring Boosts Dubai Retail Sales

Majid Al Futtaim-owened malls have seen a 15 per cent rise in footfall for the first half of the year.

UAE’s New Reality Show To Debut In October

The winner of ‘The Entrepreneur’ show will receive a Dhs1million cash reward.

UAE’s Masdar Eyes Saudi Investments

The green energy firm is proactively seeking partnerships in the Kingdom, according to its chief executive.

UAE-China Trade Up 10% In 2011

Trade ties between the countries have risen over 395 per cent from 2002 to reach $15.6 billion last year.

UAE Central Bank Plans Discount Window, Says Outlook Positive

The discount window will improve liquidity management practices in the country, the central bank said.

Gulf OPEC Big Three Raise Aug Oil Output By 400,000 bpd

Combined oil output from Saudi Arabia, Kuwait and the UAE rose sharply in August.

Dubai-EU Trade Volumes Flat In H1 2012

While imports remained constant, exports to the EU rose 15 per cent year-on-year during the first six months.

Dubai’s Al Habtoor To Raise $1.6bn In IPO

The family-owned business plans to issue new shares as it prepares to float on the stock market.

Dubai’s DIFC Sees 6% Rise In Registered Firms

The Dubai International Financial Centre had 899 active registered companies as of H1 2012.

Restaurant review: Vôi

With chandeliers that sparkle as much as the food, Vôi is a Vietnamese restaurant with an elegant French influence in the über glamorous Jumeirah Zabeel Saray.

UAE’s Al Habtoor Eyes Potential IPO In Dubai

The family conglomerate said that it was financially prepared to go public.

Emirates Enters 10-Year Alliance With Qantas

The agreement does not include a global revenue-sharing deal or equity injection from either side.

Banks Raise Costs For UAE’s Emal

The Abu Dhabi-based Emirates Aluminium will encounter higher loan rates due to the Eurozone crisis.

Dubai Airport Passenger Traffic up 6% In July

Monthly traffic surpassed five million passengers for the first time.

Abu Dhabi Power Project Eyes Bond By End Sept

The Shuweihat 2 plant project may launch a bond as part of a $2.2 billion refinancing plan.

Emirates Pumps $596m Into Indian Economy

The Dubai-based airline also supports over 72,000 jobs in India through its operations, says study.

Dubai’s Limitless To Sign $1.2bn Debt Deal In Sept

The state-owned property firm has rolled over the Islamic debt facility, owed to a syndicate of banks, several times.

Survey: UAE Bankers Earn Dhs100,000 A Month

Bankers and CEOs earn the highest wages, but overall UAE salaries remain muted says new survey.