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Jumbo To Launch World’s First Gold Gaming Consoles In Dubai

The Xbox and PS4 consoles feature a rose gold case created by Italian jeweller, Gatti, and will be available for sale at the GAMES14 exhibition.

New 5-Star Hotel Planned Near Dubai Healthcare City

The 277-room hotel, targeting medical tourists will open in 2016, the hospitality firm said.

Dubai’s House Prices Up 20% Y-O-Y In Q2 2014

The growth in house prices however slowed to three per cent quarter-on-quarter in Q2.

Stock News: Dubai Investors Cash Out For Emaar Malls IPO

The company plans to float its unit Emaar Malls Group (EMG) this month and subscriptions for the shares will open on Sept. 14.

Emirates NBD Sets Guidance On Tier 1 Bond; Orders Top $1bn

The offer is rated Baa1 by Moody’s and A-plus by Fitch, and is expected to price on Wednesday.

Jumeirah Group To Relaunch VENU Hotel Brand

Dubai-based hotelier says it is in talks with developer Meraas to operate the first VENU hotel in the Bluewaters Island development.

Dubai Airport To See 45 Aircraft Arrivals An Hour By 2016

The revamped runways at Dubai International Airport are equipped with better technology that will help push up the number of arrivals an hour, an official said.

Emirates NBD Sets Initial Price Thoughts On Tier 1 Perpetual Bond

The U.S. dollar transaction, will be of benchmark size – traditionally understood to mean worth upwards of $500 million.

Emaar Launches Residential Project, BLVD Heights, In Downtown Dubai

The project features two residential towers connected by a podium and includes 280 units.

Sheikh Mohammed Launches New Centre For Government Innovation

The new centre will coordinate innovation in government entities, the Dubai ruler said.

Deyaar Sells Out Units In First Tower At Newly-Launched Montrose Project

The recently launched Montrose project incudes two residential towers and one hotel tower.

Omani Fund, Others Invest $53m In Maker Of Solar Steam Generators

Oman’s State General Reserve Fund, Royal Dutch Shell and existing investors in GlassPoint will inject the money, which will be used to accelerate the deployment of solar steam generators.

Google-Partnered Entrepreneur Tech Hub To Open In Dubai

AstroLabs Dubai, which will be situated in Dubai Multi Commodities Centre Free Zone, is scheduled to open in 2015.

Dubai To Spend $32bn On Airport Expansion Amid Aviation Push

The expansion is expected to be the biggest airport project in the world and would take place in two phases over six to eight years.

Dubai’s ICD Buying $300m Stake In Nigeria’s Dangote Cement

Dangote’s current market capitalisation is about $23.7 billion, meaning ICD is taking a stake of about 1.3 per cent.

Dubai Holding To Begin Work On Mall Of The World In Q1 2015

The mega project, announced earlier this year, will house the world’s largest shopping mall.

Dubai Shortlists 8 Firms For Clean Coal Plant

The cost of the Hassyan power plant, which is expected to come online by 2021, is anticipated to be more than $2 billion.

Meraas Plans Three Theme Parks For Phase 1 Of Dubai Parks & Resorts

The first phase of the five theme park Dhs10 billion mega project is slated to open in 2016.

Dubai Holding Says H1 Net Profit Dhs2.1bn

The company’s net profit amount for the whole of last year was Dhs3.3 billion.

Dubai’s Limitless Awards Dhs19.5m Contract For Downtown Jebel Ali

The contract for infrastructure design and supervision services was given to Dar Al-Handasah.

Dubai’s Dnata To Buy Britain’s Stella Travel Services

Chester-based Stella operates five brands that provide travel services ranging from retail operations to call centres.

Dubai’s Emaar Says Malls Unit Public Share Offer To Open Sept. 14

The malls unit’s IPO will be divided into two tranches, one for retail investors and one for institutions.

Dubai Planning New Measures to Reduce Travel Time At Airport

The emirate is looking to expand its smart gates programme and introduce new software systems at the airport.

US-Chartered Flydubai Plane Reaches Dubai After Being Diverted To Iran

The aircraft, carrying about 100 Americans from Afghanistan, was diverted to Iran because of issues with its flight plan.

Interview: Lady Gaga On Music And Critics Ahead Of Dubai Concert

Lady Gaga will perform in Dubai on September 10 as part of her artRAVE: The ARTPOP Ball show.

Top Dubai Refiner Kaloti Obeying Conflict Gold Rules, Audit Finds

Reports by UK media in February alleged the group had failed to examine suspicious deals.

Dubai’s Population To Grow 5% In 2014

Males constitute 75 per cent of Dubai’s current population, indicating a gender imbalance in the emirate, a new report says.

Dubai Holding Unit In Talks To Raise Up To $1.1bn Loan -Sources

The unit, TECOM Investments, is expected to use the proceeds for its growth plans, while some of the cash would also be diverted to its parent company.

Dubai’s Amlak Shareholders To Meet Sept 21 On Restructuring Plan

Creditors of the company approved a plan to restructure debts worth around $2.7 billion last month.

Dubai’s Emaar Says Shareholders As of Sept. 10 To Have Priority In Unit IPO

Emaar plans to float at least 15 per cent of its shopping malls and retailing unit on Dubai’s main stock market and will list the shares in October.