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Emaar Launches ‘Skip The Line’ Scheme For Long Term Investors

The scheme allows long term investors and end users to purchase properties without pre-registration even on the launch day.

Dubai Expo 2020 Site Works To Be Completed By 2019- Committee

Dubai’s Expo 2020 Preparatory Committee will submit the mandatory registration dossier for the event in 2015, it was confirmed.

Dubai’s DP World Q1 Consolidated Container Volume Up 9.1%

The company handled 6.76 million twenty-foot equivalent units in the quarter, compared with 6.19 million TEU in the corresponding period of 2013.

UAE Cooling Firm Tabreed’s Q1 Net Profit Rises 22%

The Dubai-listed firm made a first-quarter net profit of Dhs58.24 million ($15.86 million) compared with Dhs47.84 million a year earlier.

High Costs Holding Back UAE E-Commerce Purchases

Around 31 per cent of the UAE’s online shoppers said that they had stopped online purchases due to extra costs.

Two More Dubai Hotels For Viceroy

Brace of city hotels to complement upcoming Palm Jumeirah resort

Tommy Weir: Playing With Economic Bubbles

Bubbles are a natural part of Dubai’s growth cycle, writes the author of ’10 Tips For Leadership In The Middle East’.

First Dubai IPO In Five Years Sees Surge Of Interest As Economy Booms

Investors subscribed Dhs10 billion ($2.7 billion) to the fixed offer of 275 million shares in Marka , which were priced at Dhs1 each.

ENBD Needs To See More Dubai World Progress To Reclassify Exposure

Emirates NBD is Dubai World’s biggest creditor with an exposure of more than Dhs9 billion($2.5 billion), against which it has set aside provisions of five per cent

Dubai’s Emaar Properties Says Profits To Quadruple By 2018

Much of Emaar’s growth is expected to come from projects worth billions of dollars within Dubai.

Dubai Holding’s DHCOG Will Repay $319.3m Debt 19 Months Early

The company will use available funds to repay the amount, which is the remainder due on a $555 million facility maturing in December 2015.

Dubai Financial Market Q1 Net Profit Jumps Significantly

The exchange made Dhs215.1 million ($58.6 million) in the opening three months of 2014, compared to Dhs27 million in the same period last year.

Dubai’s Drake And Scull Wins $40m Algeria Contract

The firm will undertake the civil construction portion of the mixed use development in Algiers, it said in a statement.

Dubai Investments Expects Q1 Net Profit To Rise 26%

The company said its profit for the three months to March 31 would likely be Dhs265 million ($72.2 million).

Dubai To Sell 15-Yr Benchmark Sukuk

Initial price thoughts on the Islamic bond have been set between 5 and 5.125 per cent.

JW Marriott Marquis Hotel Dubai Looks Beyond ‘Finite’ GCC

Newly installed general manager wants a broader range of guests and seeks to capitalise on Emirates’ global network

Deyaar Launches Hotel Tower In Dubai’s Business Bay

The launch continues Deyaar’s move into the hospitality sector.

Dubai Real Estate Investment Up 57% In Q1 2014

Emiratis invested around Dhs7 billion in Dubai property while Indians continued to be the top foreign investors with transactions worth Dhs5.8 billion.

Nakheel Awards Dhs47m Contracts For Deira Islands Project

The developer has appointed AE7 for design, supervision, architectural and engineering services.

Emirates To Cut 41 Flights During Dubai Airport Runway Upgrade

The 80-day renovation programme at the airport will begin on May 1.

Expert Warns Dubai To Regulate Off-Plan Property Market

Rising volumes of cash transactions and off–plan sales could inflate prices to 2008 levels, an expert has said.

Dubai Restaurant Zuma Bans Cigar Smoking

Cigarettes are still allowed within the restaurant’s bar and lounge areas.

Exclusive: No Negative Feedback From Tourism Dirham: Dubai Tourism Chief

The new charge, varying between Dhs7 and Dhs20, was introduced on March 31 and is applicable per room per night across hotels in Dubai.

Dubai Rental Growth To Continue In 2014

Residential rental growth is expected to continue until there is adequate supply in the market.

Langham Plans Dubai Palm Jumeirah Hotel For 2015

Luxury Hong Kong-based hotel company makes its first foray into the Middle East and chooses Dubai as the first resort in its global collection.

Five Minutes With… Ammar Abulohom, CEO, Dar Al Aqar

Dubai’s real estate market still has plenty of growth opportunities, says the CEO of property brokerage service provider, Dar Al Aqar.

Fire Reported In Dubai’s Ravi Restaurant

The blaze was reportedly caused by a fault in the restaurant’s recently installed electric signage.

Dubai’s Takaful Emarat Expects To Post Q1 Profit

The company’s past financial statements show it last reported a quarterly profit in the first quarter of 2009.

Dubai’s IMG Theme Park Gets $327m Islamic Loan

Proceeds will be used to expand the $1 billion Worlds of Adventure theme park.

Exclusive: Dubai Not Building Any Hotels For The Expo – Tourism Chief

The current hotel supply pipeline is only linked to the emirate’s 2020 tourism strategy, says Helal Al Marri, the head of Dubai’s DTCM.