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Dubai’s Deyaar reports 49% profit dip in 2019

The company posted net profit worth Dhs71.5m for 2019

Dubai’s Damac Properties posts net loss for 2019

The developer reported a net loss of Dhs36.9m for 2019

Malaysia’s largest Islamic bank Maybank launches first overseas branch in Dubai’s DIFC

The lender will focus on corporate financing, treasury and capital markets and trade finance

Dubai’s Operation Falafel to expand to New York, London, Paris

The restaurant brand expects to roll out its first unit in New York by Q2 2020

Dubai’s Emirates Investment Bank appoints new CEO

Former CEO Khaled Sifri, who joined the bank in 2008, resigned from his role in May 2019

Dubai’s Aramex posts flat 2019 net profit

The logistics and transportation service provider posted net profit of Dhs497.4m in 2019, compared to Dhs492.6m in 2018

Majority of UAE residents feel Expo 2020 will boost economy – survey

As many as 49 per cent feel that the Dubai Expo will enhance the country’s reputation as a business hub while 48 per cent feel it will lead to creation of more jobs

594 million use public and shared transport in Dubai in 2019

The share of public transport and shared mobility in people’s journeys scaled from 6 per cent in 2006 to 18.1 per cent in 2019

Dubai’s Emirates cancels flight to London due to Storm Ciara

Dozens of airlines have cancelled flights to London due to weather disruptions

Ivanka Trump to headline Dubai summit, meet Mideast leaders

Ivanka Trump will speak about opportunities for women in business at the Global Women’s Forum

Dubai waives certain government service fees to lower living costs

Some of the fees waived include those in the healthcare sector

Dubai airport retains title as world’s number one for international passengers

The airport welcomed over 86.3 million passengers in 2019, down 3.1 per cent compared to 2018

Dubai’s ENOC to open 22 new service stations across the UAE in 2020

ENOC plans to expand its retail network from its existing 136 service stations to 193 across the UAE by end of 2021

Affordable housing accounts for 41% residential sales in Dubai in 2019

The emirate registered 15,516 deals of residential properties valued below Dhs1m in 2019

Sheikh Mohammed allocates Dhs500m to improve quality of life in Dubai

Under new directives, 12 integrated residential councils will be formed as meeting points for UAE citizens

Dubai’s Al Jalila Children’s hospital launches genetic testing centre

The Genome centre will offer specialised genetic counselling to support patients, families, and other doctors

Dubai Aerospace secures $300m, five-year loan

The unsecured term facility will contain a conventional and an Islamic tranche, and can be upscaled to $600m

Shallow gas reserves discovered between Abu Dhabi, Dubai

The discovery of the reserves was made within an area of 5,000 square kilometers between Saih Al Sidirah and Jebel Ali in Abu Dhabi and Dubai respectively

Uber, Dubai Culture partner to promote Dubai’s heritage

The second edition of Hidden Cities: Dubai will leverage the experiences of Dubai’s cultural leaders and storytellers, and encourage people to discover hidden places within the emirate

Dubai posted 34% rise in registered trademarks in 2019

A total of 5,157 trademark files were registered at Dubai Economy in 2019 compared to 3,844 in 2018

Dubai’s RTA to change Metro Red Line timings on seven Fridays

The change is primarily driven by the need to carry out operational tests for systems’ integration of Route 2020, and to ensure optimal operation of the network

Dubai Customs launches e-commerce platform

The blockchain-based platform will encourage e-commerce companies to set up their businesses in the emirate

Dubai Shopping Festival: lineup revealed for closing weekend

Rashed Al Majid and Majid Al Mohandis will perform at the Coca Cola Arena on Thursday, January 30

Dubai’s RTA to launch eParking ticket

The project will be implemented with upgraded parking metres being installed starting Q1 2020

Dubai’s Emirates to launch new service to Malaysia’s Penang via Singapore

The new service will begin in April this year

Everything you need to know about schools in Dubai

A total of 295,148 students across 173 nationalities are receiving education in schools across Dubai

Dubai, Riyadh among top 20 ‘most dynamic cities’ – JLL

Dubai continues to be a key regional business hub, while infrastructure and tourism initiatives in Riyadh will further fuel the economy and real estate market

Dubai to thermal screen all passengers coming from China

About 3.7 million passengers from China traveled to Dubai’s airport last year

Dubai welcomes 16.73 million tourists in 2019

India, Saudi Arabia and the UK remained the emirate’s top source markets

Dubai reveals new holiday home regulation

Dubai Tourism Authority issues new guidelines for holiday homes sector

The new resolution, outlining rules for operators, homeowners and authorised tenants, has been developed to diversify the tourism sector in the emirate