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Dubai Emaar’s Malls Unit Eyes Potential Debut Sukuk Issue

The meetings will be held in Asia, Europe and the Middle East and the sukuk will be sold afterwards, subject to market conditions, Emaar said.

Top 10 Real Estate Projects In Dubai

The 10 highest-valued mega-developments in the emirate, according to a report by MEED.

Dubai Islamic Bank Buys 25% Of Indonesia’s Bank Panin

The agreement with DIB was made official about two weeks ago, a senior official from the Indonesian bank has said.

Nakheel Partners German Firm To Launch New Dubai Real Estate Company

The Dubai developer has joined hands with Germany-based real estate brokerage company Engel and Völkers (E&V).

Dubai Festival City Mall In Major Refurbishment Programme

The first phase of the redevelopment has been completed, and includes new stores and an upcoming leisured component.

Emirates To Start A380 Frankfurt Services

One of the airline’s three daily services to be upgraded to A380s from September, complementing double-decker A380 flights into Munich

Dubai Police Adds Luxury Motorcycle To Fleet

A Can Am Spyder joins the police’s fleet of luxury supercars.

Drake & Scull Engineering Awarded Two Deals Worth Dhs259m

The deals were awarded by a consortium consisting of UAE contractors Arabtec, CCC and Drake & Scull Construction.

Dubai’s Tourism Authority Starts Process To Issue Holiday Homes Licenses

The first phase of applications is restricted to entities that intend to operate a portfolio of at least 20 properties in Dubai.

Dubai’s Design District On Track For Q1 2015 Launch

The development has received a positive reaction from international brands, confirms senior official.

Dubai Property Agents Fined Dhs50,000 For Breaching RERA Rules

Dubai’s real estate authority has also issued an official notice to all registered brokers warning them to refrain from cold calling property owners who do not wish to sell.

Dubai’s Arabtec Says To Float Unit’s Shares In Egypt

Arabtec is also planning to invest about $60 billion in Egypt over the next three years in sectors such as real estate development, infrastructure, trains, airports, and oil and gas.

Emirates Airline Sees Progress Soon On A380 Engine Upgrade

Emirates has expressed interest in applying the lessons of other Airbus re-engining projects to the four-engined superjumbo.

Dubai’s Al Futtaim Group Signs Deal To Build $1.6bn Saudi Mall

The super regional mall will be anchored by an IKEA store and will have a gross leasable area of 250,000 square metres.

Dubai’s Damac Plans Mega Shopping Strip In AKOYA Development

The 1.3km AKOYA Drive, resembling Rodeo Drive in Beverly Hills and Champs Elysees in Paris, will include F&B options and retail outlets.

Emaar Launches Second Phase Of BLVD Crescent Project

The second phase of the project will have over 70 one to three bedroom apartments within a 20-storey tower, Emaar said in a statement.

Dubai’s Ruler Issues Decree To Establish Six New Wildlife Sanctuaries

The legislation aims to protect natural habitats in Dubai and develop and promote ecotourism.

Dubai To Have Region’s Largest Entrepreneurship Centre

The centre, which will be launched in Q1 2015, will be within free zone technology park, Dubai Silicon Oasis.

Dubai’s Emaar Properties Says Malls Unit Raises $1.5bn Islamic Loan

Emaar said the loan is repayable in seven years and carries a profit rate of 1.75 per cent over the London interbank offered rate (Libor).

Dubai’s RTA Awards Dhs802m Contract For Phase III Of Water Canal Project

The work on the third phase of the project will start in June and is scheduled to be completed by 2016, RTA said.

Dubai Ranks As World’s Second Biggest Retail Destination – Report

The emirate came closely behind London, and significantly ahead of New York, Moscow and Shanghai

Arabtec CEO Invests $1bn In Company, Increases Stake To 21.46%

Hasan Ismaik, who took charge early last year, previous held an 8.03 per cent stake in Arabtec.

Dubai’s Emaar Properties Secures $1.5bn Islamic Loan – Sources

The new loan replaces an existing facility worth $980 million which was raised in 2011 and was secured against Dubai Mall.

Emirates To Start A380 Mumbai Services In July

The Dubai carrier will also deploy larger Boeing 777 aircraft to Delhi and Hyderabad

Dubai’s DIFC Sets Up Dispute Settlement Authority

The move is in line with the UAE’s Vision 2021, which calls for an effective dispute settlement mechanism to attract more business to the region.

Nakheel Awards Dhs160m Construction Contract For Ibn Battuta Hotel

The 372-room hotel is part of the developer’s 28,000 square metre expansion of the Ibn Battuta mall complex.

Luxury Hotel Chain Bulgari Partners With Meraas To Debut In Dubai

The Bulgari Hotel, located off the coast of Jumeirah Beach Road, will comprise 100 rooms and suites.

DEWA Starts Work On Dhs170m Water Project

The project is intended to increase the quantity of water flow and ensure continuity of supply for current and future projects in Dubai.

Nakheel Awards Dhs1.2bn Construction Contract For Nakheel Mall

UAE contractors United Engineering Construction and Actco General Contracting Company win contract to build the new complex, located in Palm Jumeirah.

Dubai Airports: Passenger Traffic Up, Runway Upgrade “Ahead Of Schedule”

Passenger traffic through Dubai’s main airport reached 6.16 million in April, the airport operator said.