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Emirates obtains naming rights for UK’s Spinnaker Tower

The structure, situated in Portsmouth, will be renamed Emirates Spinnaker Tower and rebranded in red.

Growing regional turmoil challenges UAE’s safe haven status

The UAE was a safe haven for both Arab and foreign investors during the Arab Spring. But as regional tensions loom bigger, will the country be able to uphold that title?

Emirates inks air-rail codeshare with France’s SNCF, adds 19 new destinations

The deal will help boost Emirates network in France and ease connectivity for passengers.

Dubai Parks and Resorts begins leasing retail, dining units in Riverland

The entrance plaza will feature about 50 dedicated outlets along with various street dining options.

Dubai named fourth most popular city among international visitors

The emirate is expected to receive about 14.3 million international visitors this year, up by 8 per cent from 2014, a new study says.

Dubai Emaar Properties beachfront project to cost $2.7 bn

The project will have 4,000 residential units, 300 hotel rooms, and 250,000 square metres of retail outlets.

Emirates NBD expects 12-15% growth in retail business in 2015

Oil price volatility is not expected to impact Emirates NBD’s retail growth estimates, a senior official said.

UAE issues law against doping in horse races

The new rule prohibits the administration of banned substances to horses and lays out strict penalties to offenders.

Majid Saif Al Ghurair appointed new chairman of Dubai Chamber

The chamber also elected two new vice chairmen and other executive committee members.

UAE’s R Holding launches retail projects worth Dhs700m

The company is currently building five retail projects in Ajman and two in Dubai, a statement said.

Emirates to sponsor FA Cup for the next three years

The FA, which will rebrand the competition as The Emirates FA Cup, did not release any financial details.

Emirates to launch daily service to Bologna in Italy

The service is scheduled to begin on November 3, 2015 and will increase Emirates’ weekly flights serving Italy to 56.

Phase 1 of Meydan Sobha’s District One project on track for 2016 completion

The developer said it has recorded strong investor interest in the project and has sold out all villas in the first phase.

Nakheel to launch retail space for lease at Ibn Battuta Mall extension

The developer will launch 766,000 sq ft of additional shop and restaurant space for lease at the mall on June 1.

Nakheel says work on The Pointe mall at Palm Jumeirah 30% complete

The developer says Dhs800 million mall on track for opening in 2016.

Dubai’s Marka acquires stake in UK-based e-commerce site Icons

The company purchased a 65 per cent stake in sports merchandise retailer Icons for a value of Dhs15.3 million.

Dubai Aerospace sells US aircraft maintenance firm StandardAero

The terms of the transaction were not disclosed but earlier reports hinted that the sale was worth at least $1.8 billion.

Dubai’s Marka to invest Dhs250m in 2015, eyes two deals

The company is looking to close deals in the UAE’s hospitality and retail sectors, officials said.

Dubai’s bourse to add trading-at-last session

The new trading-at-last session will start 20 seconds after 1355, allowing investors to place orders based on the already calculated closing prices of securities.

Why the DIFC’s new wills registry can bring more capital flows into Dubai

The new registry gives non-Muslim expatriates the option to decide on their inheritance policy.

Egypt denies Arabtec project to build a million homes has stalled

Egyptian officials have said the entire project will cost about 280 billion Egyptian pounds ($36.7 billion).

RTA mulls car rental scheme for metro users

The scheme, when implemented, is expected to lessen carbon emissions, increase the use of public transport and reduce car ownership.

Dubai’s Amlak Finance shares to resume trade on June 2 after 6-year suspension

Trading in Amlak was halted as credit markets dried up and the emirate’s real estate prices began a near-50 per cent tumble from their peak.

Dubai’s Amanat buys 4.14% stake in Al Noor Hospitals

Amanat was set up to invest in education and healthcare businesses in the UAE and other Gulf states.

DFSA fines United Investment Bank Limited $56,000

The financial freezone regulator said the bank was guilty of flouting anti-money laundering rules.

Dubai property rents drop, unlikely to rise sharply in the short-term – report

Average rents across the emirate are down 1.5 per cent compared to the same time last year, says Cluttons’ latest report.

Dubai house prices to fall further this year – Cluttons

Home values slipped 0.8 per cent in the first quarter, leaving average prices 0.5 per cent lower than a year earlier and 19.4 per cent below the 2008 peak, a new report says.

Emaar says IPO for hospitality unit remains on hold

The Dubai-based company has said that the IPO for EHG will be dependent on the right market conditions.

Dubai’s Emaar announces intention to float Egypt unit on Cairo bourse

Emaar said it would use some of share sale proceeds to fund new developments in Egypt and grow its land bank in the country.

Despite rumours, Apple remains mum about Dubai store’s launch in August

The tech giant will open its biggest store worldwide in Dubai this summer, say reports.