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Yacht catches fire in Dubai’s Port Rashid

Police confirmed the incident on Thursday morning

UAE developer Aurora completes Dhs168m Hyati Residence in Dubai’s JVC

The project includes 122 apartments and 20 townhouses

Dubai Metro transports over 103 million in the first half of the year

Metro users during H1 are up 2.7 per cent compared to the same period last year

Dubai tourist yet to pay Dhs170,000 in traffic fines as Lamborghini remains outside hotel

The 25-year-old was caught overspeeding in the car by 33 radars on the road

Dubai’s Emaar says Creek Marina, with ‘gravity-defying fountain’, will open this year

The marina, offering over 81 berths for yachts and superyachts, is located in the Dubai Creek Harbour development

Dubai’s Danube Properties says 350 units in Lawnz project sold out in four hours

The Dhs550m project in International City is slated for completion in 2020

Dubai’s DP World acquires Danish logistics firm Unifeeder

DP World acquired the company from Nordic Capital Fund VIII and certain minority shareholders for $762.6m

Tourist driving Lamborghini in Dubai racks ups Dhs170,000 fine in three hours

The tourist, driving a Lamborghini Huracan, reportedly touched speeds of 240km/hr on Sheikh Zayed Road

Indian pharma Wockhardt opens $40m manufacturing unit in Dubai

The $40m facility is located in Jebel Ali Free Zone

Dubai closes down 4,879 social media accounts, 30 websites

They were shut down for selling counterfeit products

Nakheel invests Dhs15m in new marinas at Dubai’s Palm Jumeirah

The two new marinas will accommodate a total of 44 boats and yachts up to 30 metres long

Dubai launches new taxi system to reduce waiting time at events, conferences

The RTA will use real time data on numbers of visitors to deploy taxis to the venue

Average order value at Dubai online marketplace The Luxury Closet is $700

The company closed another funding round valued at $8.7m last week

Video: UAE authorities unite to rescue whale shark stuck in Dubai Creek

The creature was spotted in the Jadaf area

London court rules DP World Djibouti contract ‘valid and binding’

The government of Djibouti seized the Doraleh Container Terminal from DP World in February

Saudi singer Mohammed Abdo’s Dubai concert pushed back

The event marks the close of the Dubai Summer Surprises promotional season

Off-duty Emirati ‘pilot’ threatened to blow up Dubai-bound plane

The man is facing multiple charges and a hefty bill for damages

New co-working space for fitness companies opens in Dubai’s JLT

The 10,000 square foot workspace is located in the One JLT tower

Emirates’ A380 planes carry over 105 million passengers in 10 years

Emirates is the world’ largest operator of the jumbo A380 aircraft

Nasdaq Dubai to launch futures trading of 12 Saudi firms from September

The 12 Saudi companies have a combined market capitalisation of SAR859bn

Emirates SkyCargo flies two Alfa Romeos from Dubai to London for motor rally

The Stelvio Quadrifoglio and Giulia Quadrifoglio were transported for the Gumball 3000 motor rally

Flydubai flight delayed for over 10 hours after pilot fails alcohol test

Passengers on the Dubai-bound flight were stranded in Kathmandu, Nepal on Sunday

Dubai orders freeze on rents of educational institutions for a year

The move comes after Dubai ordered a freeze on fee increases at private schools for 2018-2019

Dubai Municipality says new initiative cuts construction costs by 12%

Under the initiative, contractors can design and supervise metal structures for industrial projects without appointing consultants

Over 1.535m use public transport everyday in Dubai

Over 277 million used public transport in Dubai during the first half of the year

Dubai Airport Free Zone cuts business setup costs by 65%

Dubai’s ruler has urged government departments to improve the economy’s competitiveness by cutting fees

Emirates NBD in talks to roll over $1.7bn loan

The 2016 loan, due in June 2019, saw the participation of 19 banks

Nakheel, Centara award construction contract for Deira Islands hotel in Dubai

The 601-room beachfront Centara Deira Islands Beach Resort Dubai is expected to open in 2020

Video: Dubai police recover stolen diamond worth $20m

The rare 9.33-carat blue diamond was smuggled out of the UAE in a shoe box

Dubai ruler increases cash prize for horse racing World Cup

Dubai has lost its title as ‘the world’s richest horse race’ to international rivals in recent years