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Abu Dhabi Islamic Bank appoints new CEO

Mazin Khairy Shaker Manna will take on the role from the first week of March

Dubai-bound plane from Dhaka faces hijacking attempt, suspect dies

The gunman was “mentally unstable” and asked to speak to the PM, officials said

Burj Khalifa[2] dubai

Dubai receives 15.92 million international visitors in 2018

Tourist numbers from China rose 12 per cent last year

Worker dies after crane collapses in Abu Dhabi construction site

The incident took place on Sunday at the Al Raha beach area

UAE’s ADNOC seals $4bn pipeline infrastructure deal with KKR, BlackRock

A new entity called ADNOC Oil Pipelines will lease the oil firm’s interest in 18 pipelines

Pakistan’s PIA begins flights between Peshawar and Al Ain

The route will be operated on Fridays and Sundays

Dubai Crown Prince meets the first Emirati astronauts

Hazza Al Mansouri and Sultan Al Neyadi underwent extensive training in Russia

Dubai-based Careem has Egypt ban lifted by court

The ride hailing platform has faced opposition from Egyptian taxi drivers who claimed the app was operating illegally

Why the GCC’s fitness industry is working up a sweat

As the regional fitness market continues to take strides, we look at some of the players disrupting the industry

Indian sailors rescued by Dubai police after their ship capsizes

The ship broke down due to engine failure combined with poor weather conditions

UAE signs $5.45bn worth of defence contracts this week

The contracts were signed at the IDEX military exhibition in Abu Dhabi

UAE denies change in policy regarding access to Qatar at ports

A news report had claimed that the UAE had eased a ban on shipping to and from Qatar

In pics: Dubai’s Meraas unveils New York-style ‘Central Park’ project

In its first phase, the residential complex will comprise 187 one- to four-bedroom units

Flydubai receives first B737 MAX 9 with larger business class

Four single ‘throne’ seats provide premium travellers with more comfort and privacy

New four-star hotel with 258 rooms opens in Dubai’s Al Barsha

The S Hotel Al Barsha is located at the Dubai Science Park

Dubai’s RTA to use robots for cleaning metro stations

The move is in line with the UAE’s artificial intelligence (AI) strategy

Flydubai swings to loss on rising fuel costs and interest rates

The Dubai airline reported a loss of almost Dhs160m for 2018

Up to 486 property firms in Dubai did not renew their licences for 2018 – report

On average, firms in the real estate industry have reduced by 8 per cent year-on-year for the past two years

Dubai’s DP World acquires UK-based P&O Ferries for $421m

The pan-European company operates a fleet of 21 vessels across 11 ports

Dubai’s DIFC Courts sees value of claims rise sharply in 2018

The total volume of cases increased by 29 per cent year-on-year to 670 across all divisions

Regional e-commerce site noon launches in Egypt

The site is currently in beta testing mode in Egypt – its third regional country after the UAE and Saudi

Abu Dhabi’s Khalifa Port to be connected to the national railway network

The rail terminal capacity at Khalifa Port is expected to be the largest of its kind within the UAE

Abu Dhabi’s ADNOC rated ‘AA’ by Fitch, the highest in the GCC region

The rating is the first assigned to ADNOC and is in line with the rating of the Abu Dhabi government

New underwater training centre for countering hostile submarines to open in UAE

The centre will be developed by France’s Thales Group along with Atlas Elektroniks in Abu Dhabi

Dubai’s Emirates to launch new service to Portugal’s Porto

The four times weekly service will be launched in July

Dubai’s Drake & Scull replaces three senior execs including CFO

DSI, hit hard by the construction slowdown in the region, has seen several leadership changes

S&P says Dubai home prices to fall further in 2019

A gradual stabilisation is expected in the market in 2020

Jumeirah opens luxury Al Wathba desert resort and spa in Abu Dhabi

Spread across over 22,000 sq m, the property features 103 guest rooms and villas

Dubai’s DMCC opens new coffee centre, in talks with major coffee traders

The centre can handle up to 20,000 tonnes annually of coffee, equivalent to $100m

Raytheon wins $1.5bn UAE air force contract

The UAE armed forces signed a total of Dhs7.2bn in contracts on Monday