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Abu Dhabi Bourse Suspends Three Stocks Over Technical Issue

The bourse said the issue had to do with ownership proportions.

Etihad Airways Launches First B787 Dreamliner Flight

CEO claims new widebody aircraft provides clear reduction in operating costs and carbon emissions

Dubai Investments Says Approves 60% Purchase Of Al Mal Capital

Dubai Investments previously said that it was close to two acquisitions, worth a combined value of Dhs400 million ($109 million).

DWC To Build Dhs120m Aerospace Supply Chain Facility

The facility will cater to the small and medium companies in the global maintenance, repair and overhaul (MRO) sector.

Abu Dhabi’s Waha Capital Q4 Profit Nearly Doubles

Waha made a net profit of Dhs142.1 million in the last quarter of 2014 compared to Dhs75.6 million in the same period a year ago.

CEO Predictions 2015: Shayne Nelson, Group CEO, Emirates NBD

The outlook for UAE banks in the near to medium term remains favourable, writes Nelson.

Brick By Brick: Lego Takes Shape In The Middle East

As Lego opens its first Middle Eastern store, regional director Simon Bast explains where the toymaker is placing its bricks.

Dubai Shares Post Fifth Monthly Drop As Oil Curbs Risk Appetite

The DFM General Index retreated 2.6 per cent in January.

Revealed: World’s Top 10 Safest Cities

Abu Dhabi grabbed the top spot in the region, ranking 25 among the top 50 safest cities in the world.

Swiss IT Firm Nexthink Gets $14.5m Funding From Qatar’s Al Mannai

The company is looking to expand its presence in Saudi Arabia and the UAE.

Total Wins 10% Stake In Abu Dhabi’s Largest Onshore Oil Fields

ADNOC awarded Total a 10 per cent stake in the main land-based concession for 40 years starting Jan. 1, 2015.

UAE Bank FGB Q4 Net Profit Rises 13%, Beats Analyst Forecasts

The bank made a net profit of Dhs1.55 billion ($422 million) for the last quarter of 2014.

Aster DM Healthcare Group To Invest Dhs500m In GCC By 2017

The group is planning to open 40 new medical centres as part of its expansion in the region, a senior company official said.

Dubai’s Tecom Investments Launches Phase Two Of Villa Lantana For Sale

Construction of the villa project has already begun and it is due for completion at the end of 2015.

UAE’s NBAD CEO Declines Comment On Citigroup’s Egypt Consumer Unit

The lender was one of 10 bidders for the business put up for sale by the U.S. bank in October, a source told Reuters earlier this month.

Emirates To Fly A380s To Dusseldorf And Madrid

Emirates’ superjumbo network in European grows to 13 points

Abu Dhabi Launches New Water Taxi Service To Eastern Mangroves

The weekend Abra service will run from Souk Qaryat Al Beri to Eastern Mangroves, with stops at three five-star hotels.

UAE Lender NBAD Beats Forecasts With 28% Q4 Net Profit Rise

NBAD made a net profit of Dhs1.372 billion ($373 million) in the last quarter of 2014.

Henkel Named Dubai Lynx Advertiser Of The Year For 2015

The company won five golds and a grand prix during the Dubai Lynx awards last year.

Sharjah Ruler Approves Largest Budget, Hikes Spending By 12%

The 2015 budget will also provide job opportunities to 1,000 Emiratis, a finance department official said.

Dubai’s Drake & Scull Wins $54m Engineering Contract

Drake & Scull Engineering will provide MEP services for an under-construction hotel and apartment complex.

UAE Summons Iraqi Ambassador Over Flydubai Shooting In Baghdad

Gunshots were fired at the flydubai flight when it was landing at Baghdad airport on Monday evening.

UAE To Issue New Rules To Regulate Drones

New regulations being planned by the UAE will ban the use of UAVs near airports, residential areas and other public properties.

UAE Fund ADFG Targets $100m Finance Buyout By June – CEO

It would be the third purchase by the privately-owned investment firm in the non-banking financial services sector in recent months.

Etihad Cancels New York Flight As Winter Storm Hits Northeast US

The Abu Dhabi airline is offering passengers travelling on January 27 and 28 the option to postpone their tickets.

Emirates Warns Of Currency Shifts Eating Into Fuel-Cost Benefits

The Dubai carrier is one of the few major airlines that does not hedge its fuel bill by buying future stocks of jet fuel to minimise the effect of price spikes.

Rents In Dubai May Fall Up To 10% In 2015; Rent Index Changes Mulled

The Dubai residential bubble has “deflated,” with transaction prices expected to fall up to 10 per cent this year, says JLL.

Dubai International Secures Spot Of World’s Busiest Airport In 2014

Authorities have forecast that 79 million passengers will travel through Dubai International Airport in 2015.

Abu Dhabi Bank UNB Posts 42% Q4 Net Profit Gain; Hikes Dividend

The bank reported a net profit of Dhs436 million ($118.7 million) in the last quarter of 2014.

UAE’s Majid Al Futtaim Reports Pre-Tax Profit Growth Of 10% In 2014

The retail group said that it aims to double the size of its business within the next five years.