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Nakheel signs deal with Landmark Group for 25 outlets in Al Khail Avenue

Construction on the Al Khail Avenue mall will begin this year, with expected opening in 2018.

Dubai’s Marka Buys Reem Al Bawadi Restaurant Chain For Dhs315m

The acquisition is being funded by a blend of the company’s own funds and bank facilities, Marka said.

Revealed: Top 10 Medical Tourism Destinations In The World

Canada was ranked as the world’s best medical tourism destination worldwide in 2014, according to a new index.

Dubai’s Drake & Scull Q1 Net Profit Falls 38%

DSI’s first-quarter revenue was Dhs1.11 billion, down from Dhs1.25 billion a year earlier.

Emirates Airline Could Use European Hubs To Expand In Americas

The move could further anger US carriers, which accuse Emirates of competing unfairly through state subsidies.

Dubai Builder Arabtec Swings To Net Loss In Q1

The builder reported a loss attributable to equity holders of Dhs279.82 million in the first quarter.

Alibaba’s Cloud Computing Unit To Establish Base In Dubai

Alibaba’s subsidiary Aliyun will set up a venture with Dubai-based Meraas.

Dubai’s DP World Launches $500m, Five Year Bond

The transaction has received orders of seven times its size, an earlier document showed.

Emirates Adds Third Daily Flight To Beirut

The additional service will increase Emirates’ total number of weekly flights serving Lebanon to 21.

New Dubai Expo 2020 Logo To Be Unveiled On October 20

The new logo design will be selected from 18,000 entries received during a public competition.

Dubai Properties Launches Arabella Townhouses In Mudon Project

Sales of the three and four bedroom townhouses will begin on May 16.

Dubai’s DP World Expected To Issue $500m Five-Year Bond

Barclays, Citigroup, Deutsche Bank, Emirates NBD Capital, HSBC, National Bank of Abu Dhabi and Societe Generale are arrangers for the bond issue.

Dubai Parks And Resorts Says 42% Of Project Infrastructure Completed

The theme park operator also said that it spent almost Dhs3 billion on the project in Q1 2015.

Dubai Metro Red Line Construction To Begin By Q1 2016

The contract for the project will be awarded on January 28, 2016, a senior RTA official said.

Dubai World Central Signs Deals For Three New Hotels

The opening of Aloft, Studio M and Millennium will see the addition of around 1,300 new hotel rooms.

Dubai Among Top 5 ‘Most Improved Cities’ Since 2010 – JLL

The index identifies New York, London, Singapore, Paris and Hong Kong as the top five performing cities globally.

Dubai Falls In Global Luxury Property Price Rankings As Market Cools

Prime house prices in Dubai fell 1.1 per cent year-on-year in Q1 2015 while showing a 1.9 per quarter-on-quarter decline.

Emirates Airline 2014 Net Profit Jumps 40% On Lower Oil Price

The airline’s Chairman and CEO Sheikh Ahmed bin Saeed al-Maktoum said lower oil prices had saved Emirates around Dhs2 billion during the financial year.

Dubai’s Arabtec Names New Chairman

Abu Dhabi businessman Mohamed Thani Murshed Ghannam al-Rumaithi was elected as the new chairman.

Dubai’s DP World To Start Benchmark USD Bond Meetings Thursday

Sources told Reuters last month that the firm could raise between $750 million and $1 billion from the senior unsecured Reg S/Rule 144A issue.

Emirates: Working On “Point-By-Point” Rebuttal Of US Carriers Subsidy Report

The airline’s president Tim Clark states that its success is making Emirates a “scapegoat.”

Dubai Visitor Numbers Up 8.2% In 2014

New official report says a total of 13.2 million tourists visited Dubai last year.

Damac To Launch Mixed-Use Luxury Strip Vista Lux In Akoya

The project will house more than 2,000 hotel apartments and residences.

Nakheel To Build New Beachfront Resort In Deira Islands

The developer will partner with Spanish hotel operator RIU Hotels and Resorts to build an all-inclusive four-star resort in Dubai.

Dubai’s Emaar Properties Q1 Net Profit Rises 7%

The developer made a net profit of Dhs1.03 billion ($280.4 million) in the first quarter of 2015.

Dubai’s Damac Launches New Hotel Villa Concept Within Akoya Oxygen

Villas range from three to six bedroom units with prices starting at Dhs1.7 million.

Dubai’s Drake & Scull Wins $79m Engineering Contract

The mixed use project, in Dubai, is scheduled to be completed by 2016.

Dubai’s RTA Awards Dhs475m Contract For Mega Bluewaters Island Project

The contract has been awarded to build the bridges linking the project to the mainland.

Nakheel’s New Dragon City Project To Begin Leasing Retail Space

The developer is offering 1.3 million sq ft of new shop and showroom space in its mixed use development.

Bahrain-Dubai Joint Venture Closes Third Bombardier Deal

The deal for the leasing of three Bombardier Q400 NextGen planes is worth $94 million at list prices.