Home UAE Dubai

Dubai

Emirates, DTCM Launch $20m Campaign To Attract Visitors To Dubai

The ‘See you in Dubai’ campaign will focus on attracting tourists from markets in Europe, Asia, Africa, Latin America and the Middle East.

Dubai’s Jumbo Electronics Launches Online Shopping Portal

Jumbo.ae has been developed in collaboration with Build-a-Bazaar, a subsidiary of Indian e-commerce firm Infibeam.

Emaar Properties Gets Shareholder Nod For Dhs9bn Special Dividend

EMG listed 15.4 per cent on the Dubai Financial Market, raising $1.58 billion from the sale, which was well covered by investor bids.

Sony Mobile Reveals Details About Underwater Store In Dubai

Located at The World Islands, the store will be at a depth of four meters underwater.

Dubai’s RTA Reveals Hike In Taximeter Starting Rate From Dec 1

The new flag-down rate will increase from Dhs3 to Dhs5 during the peak hour timings of 7-10 am and 4-8 pm.

Pictures: Dubai’s Mega Theme Park Project Starts Taking Shape

Upto 35 per cent of overall infrastructure work on the Dubai Parks and Resorts complex is completed, confirm officials.

Emirates Adds Seven New Flights A Week To Maldives

The service, which is scheduled to begin on December 1, will boost cargo and passenger capacity by a third on the route.

Winter Months An Opportunity For Dubai Hotels To Boost In-House Spending – Study

Hotels can boost in-house guest spending by 37 per cent during pleasant weather conditions by personalising communication to guests, a new study says.

Stock News: UAE, Qatar Rise On Positive Backdrop, MSCI Adjustments

Qatar’s index rose 0.3 per cent while Abu Dhabi’s benchmark edged up 0.1 per cent.

Golf-Stenson Overcomes Nerves To Retain Dubai Title

Henrik Stenson’s win also put him second on Europe’s money list and he will earn a further $800,000 from a $5 million bonus pool shared among the European Tour’s top 15 players.

Dubai Asks Artists To Choose Display Locations For Open Air Gallery Plan

The new initiative is part of a programme that aims to transform the emirate into an open air gallery, with various art exhibits across different points of the city.

Emaar To Approve $2.45bn Special Cash Dividend For Shareholders

The company said it would pay the special cash dividend following the recent IPO of Emaar Malls Group.

Dubai-Based App Travall To Launch Video Reviews Of Hotels, F&B Outlets

The smart app aims to create a comprehensive Dubai video guide for travellers, relocating executives and residents.

KBW Investments, Owned By Prince Alwaleed’s Son, Buys 50% Of Arcadia

Engineering firm Arcadia will now seek to expand into Saudi Arabia, Qatar and the UAE.

Dubai Parks And Resorts Says Institutional Tranche Of $689m IPO Covered

It aims to sell 2.53 billion shares, or 40 per cent of its outstanding shares, between Nov. 17 and Nov. 30.

The Property Correction In Dubai Is Coming

The mounting oversupply of property means a price correction could be coming, writes Peter Cooper, editor of Arabianmoney.net.

UAE Focus: Taking The Smart Route

The UAE has lofty ambitions to soon transform itself into a smart and mobile government. Are things proceeding on track?

Golf-Sublime McIlroy In Tie For Dubai Lead

McIlroy was playing for the first time since early October after taking a break to fight a still unresolved legal case with his former agents.

Dubai Festival City Said To Seek $1.1bn From Loan

The company owned by Dubai’s Al-Futtaim Group plans to raise a 10-year, amortising facility.

Egypt Says It Resolves Land Dispute With Dubai’s Al-Futtaim

A government source had previously said the negotiators were considering a payment of around 235 million Egyptian pounds ($33 million).

Emirates Targets 8-10% Profit Growth On New Aircraft, Routes

Emirates’ bottom line was hit by runway upgrades in the first six months of the 2014, resulting in modest growth of eight per cent.

Gulf Airlines Close Financing Deals For 16 Boeing, Airbus Aircraft

Emirates and Qatar Airways have signed financing facilities with banks to purchase new planes.

Dubai Ranked World’s Top City To Work In – INSEAD Alumni Survey

The emirate beat cities such as New York and London in the survey.

Developer SKAI Says 30% of Viceroy Dubai Palm Jumeirah Completed

The $1 billion luxury residential and hospitality project is on track to open its doors in 2016, says developer.

Flydubai Narrows Price Guidance For $500m Sukuk

Credit Agricole, Dubai Islamic Bank, Emirates NBD, HSBC, National Bank of Abu Dhabi, Noor Bank and Standard Chartered are the arrangers for the sukuk sale.

VOX Cinemas Signed For Nakheel Mall On Dubai’s Palm Jumeirah

VOX Cinemas will occupy two-storeys in the upcoming mall and feature 15 theatres.

Dubai Golf Championship: McIlroy Ready To Take Advantage Of Jaded Rivals

The 25-year-old Northern Irishman believes a six-week break from golf has put him in the ideal shape.

Dubai Carrier flydubai Sets Initial Price Thoughts For Sukuk – Leads

Pricing guidance for the five-year sukuk is in the area of 225 basis points over midswaps, a document showed.

Dubai’s Aviation Sector To Support Over One Million Jobs By 2030

The aviation sector supported a total of 416,500 jobs and accounted for 21 per cent of the emirate’s total employment in 2013, a new report said.

Etihad Starts San Francisco Flights

Abu Dhabi carrier launches fifth US route and now serves two key Californian cities directly