Dubai’s DMCC registered 1,969 new companies in 2019

The free zone marked a year-on-year registration growth rate of 5.4 per cent

World’s biggest IPO just got bigger: Saudi Aramco IPO at $29.4bn

Goldman Sachs Group, one of the underwriters of the deal, exercised the over-allotment option and increased the offering

Music streaming app Anghami mulls potential stake sale

Besides a potential sale, the company is also considering to raise fresh capital as another option to fund its expansion

Dubai’s DIFC legislates new leasing law to protect property owners, tenants

The new laws will offer a regulatory environment in line with common legislations and onshore Dubai practices

Hotel operator Rotana appoints new CEO, president

Guy Hutchinson has held the position of acting CEO since January 2019

Dubai Festival City Mall hosts region’s largest LEGO festival

The festival is on until March 14 with over one million LEGO bricks set up in the mall

Saudi Arabia’s ACWA Power plans $10bn worth of investments

Saudi Arabia’s Public Investment Fund reportedly plans to boost its stake to 40 per cent from 25 per cent in ACWA Power

GCC healthcare market to be worth $70bn by 2020

Dubai’s Amanat weighs acquiring VPS Healthcare stake

Amanat expects the healthcare sector in the Middle East to expand at a compound annual growth rate of 6.7 per cent by 2022

Iran admits it accidentally shot down Boeing jet that killed 176 people

Ukraine International Airlines Flight 752 was flying close to a “sensitive” military site when it was downed because of “human error,” the army said

Power Letters 2020: Sir Tim Clark, President, Emirates Airline

While 2019 has been a successful year for Emirates, the airline is determined to keep growing and investing in its business

Why Dubai focuses on creating more green spaces

Urban developments need to have green spaces not just from an environmental perspective, but also from a profitability outlook

Pics: Huawei launches flagship Mate 30 Pro 5G in the UAE, prices revealed

The device features enhanced 5G capabilities, four rear cameras and a curved edge display

DAFZA’s foreign trade totaled Dhs120bn for first nine months of 2019

It contributed 12 per cent to Dubai’s Dhs1.02 trillion foreign trade during that period

Gold steadies with US, Iran stepping back from the brink

Spot gold fell 1 per cent to $1,540.33 an ounce, only $11 higher than the closing price the day before the US strike

Dubai’s Danube Properties completes Dhs300m ‘Resortz’ project

The luxury, resort-type residential project, will add 444 units to the developer’s portfolio of delivered units

Emaar launches Burj Crown, new 44-storey luxury tower in Downtown Dubai

The 440-unit tower will offer one, two and three-bedroom apartments

Iran may seek US help in jet crash probe through UN treaty

The 737-800 Ukraine International Airlines jet crashed on Wednesday morning, killing all 176 people onboard

TikTok security flaws may have exposed user videos to hackers

A series of vulnerabilities have been identified in the social media phenomenon that cyber-attackers could exploit to manipulate user accounts and information

New UAE brand logo for the next 50 years revealed

The Emirates will plant 10 million trees in line with every vote cast to decide the winning logo

Ex-Nissan boss Ghosn speaks out for the first time since arrest, carmaker responds

Carlos Ghosn, ex-CEO of Nissan, was arrested in November 2018 on suspicion of financial crimes, and was facing trial in Japan when he fled the country for Lebanon

Profit at Abu Dhabi's Mubadala climbs 12.4%

Abu Dhabi’s Mubadala sells UniCredit stake worth $947m

The fund’s stake declined to about 2.02 per cent as of December, down from a 4.99 per cent stake in June

Emirates launches discounted fares for 2020

The offer is valid for bookings from January 8-23, for travel until November 30, 2020

Oman Air cancels over 700 flights in January 2020

The move ensued the Public Authority of Civil Aviation’s directive to suspend activities of the Boeing 737 Max airliner

Emirates, flydubai cancel Baghdad flights

Iran fired dozens of missiles at US bases in Iraq on Tuesday night

UBS to cut 500 jobs as part of wealth management restructuring

The revamp will break apart the EMEA private banking business

UAE approves Air Arabia Abu Dhabi as national carrier

The launch of the new low-cost airline was announced last year

Abu Dhabi’s Etihad waives flight change fee for Australian residents as bushfires rage

The waivers will apply for travel to or from Australia

UAE to issue multiple-entry five-year visas for tourists, offers visa waiver for Mexicans

The new tourist visa scheme will be implemented in the first quarter of this year

mark dickinson sell like a rockstar

How to sell the right way in Dubai

Mark Dickinson, a hospitality industry veteran, will be conducting a day-long seminar in Dubai to show managers how to transform selling from a process into a customer experience

UAE’s telco Etisalat launches business unified communication service

Etisalat’s CloudTalk offers users an integrated solution to meet their internal and external communication and collaboration needs