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Dubai skyline

Dubai’s non-oil sector growth eases, with job cuts in construction, travel and tourism

The Emirates NBD Dubai economy tracker index fell to its second-lowest reading in over two years in December

First Abu Dhabi Bank plans to raise $750m in sukuk

FAB is the first issuer in the Gulf to tap the international sukuk market this year

UAE telco du reveals plans for health blockchain solution

The solution will help verify if blood bags and pharmaceutical products are authentic across the medical supply chain

Revealed: The biggest hotels on Dubai’s Palm Jumeirah

At present, the Palm has 18 hotels and hotel apartments that are operational with several more in the pipeline

Dubai radio presenter James Aramouni dies at 28

James Aramouni joined Shock Middle East in October 2017 as the Dance 97.8 Drive Time presenter

Abu Dhabi’s Masdar to buy wind farm stakes from John Laing Group

Masdar said it was buying stakes in the Rocksprings wind farm in Texas and the Sterling wind farm in New Mexico

Abu Dhabi-bound Etihad plane returns to Manchester after reports of ‘loud bang’

Abu Dhabi airline says there was a “technical issue” with the aircraft

Abu Dhabi’s ADNH signs Dhs1.6bn loan to fund acquisition of Dubai hotels

Abu Dhabi National Hotels announced in November that it would acquire five hotels from Emaar

Abu Dhabi’s investment into renewable energy reaches $2.2bn

Among the emirate’s big investments are the Dhs2.2bn Shams 1 project, and Dhs3.2bn Noor Abu Dhabi

RTA taxi bookings in Dubai hit record 12m in 2018

The number of bookings was up 17 per cent from 2017’s 10.5m

Abu Dhabi’s Taqa says investments in 2018 reached $30bn

The company said it had coped with declining oil prices by reducing expenditures in 2018 by $750m

Revealed: World’s best and worst passports for travel in 2019

The UAE, which has risen by five spots, ranks highest in the region

Dubai Parks and Resorts records almost 2.8 million visits in 2018

Average occupancy at the Lapita hotel rose to 60 per cent in 2018, compared to 35 per cent in 2017

Dubai has now become more of an ‘affordable buyers’ market’ – report

Residential capital values in the emirate fell 11.1 per cent in 2018

Indian politician Rahul Gandhi meets leaders, workers and supporters in the UAE

The president of the Indian National Congress came to the UAE on a two-day visit

DMCC awards contract for 78-storey tower in Uptown Dubai district

The contract for Uptown Tower has been awarded to BESIX’s Dubai-based entity Belhasa Six Construct

Dubai’s DP World signs acquisition agreement for Chile port operator

The Dubai port operator said it would offer $502m for 100 per cent equity ownership

Sheikh Mohammed reviews progress of Dubai’s Museum of the Future

The structure is slated to open in 2020

Emirates says many flights will be cancelled, rescheduled during runway closure

Up to 48 of Emirates’ aircraft will not be utilised during the 45-day period this year

UAE’s ADNOC awards Eni-led consortium offshore exploration blocks

ADNOC plans to boost its oil production capacity to 5 million barrels per day by 2030

Power letters 2019: Saleh Abdullah Al Abdooli, Etisalat CEO

With its implementation, 5G will provide opportunities for economic growth and massive development

Sharjah’s bailout of Invest Bank signals more restructuring, mergers among UAE lenders

Analysts expect more mergers given a slowing economy, slide in house prices, robust accounting standards and tougher competition

Aramco to set up refinery in Pakistan under investment pact with Saudi – report

Pakistan expects to sign investment agreements with Saudi and the UAE

Dubai skyline

Areas in Dubai that saw the biggest rental drops in Q4

With rents continuing to fall, landlords are now eyeing holiday rentals, finds report

UAE and Oman to be ‘fastest growing economies in GCC’ – report

A report by the IIF predicts real GDP growth of 3.1 per cent for both countries in 2019

Two zookeepers injured after facing jaguar attack in Al Ain zoo

The incident reportedly took place after the jaguar’s cage door was accidentally left open

Four Points by Sheraton Sharjah opening this month

The mid-market property complements the Sheraton Sharjah Beach Resort & Spa

RTA to operate ferry between Dubai Mall and Dubai Marina Mall

The ferry service will take about 1 hour 20 minutes one-way

Different Arab money

Startup funding up by 31% in MENA region to reach $893m in 2018

A total of 366 investments were made in regional startups by 156 institutions last year

UAE energy minister says nuclear power project slightly delayed

The UAE’s nuclear project was initially set to open in 2017