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Dubai Among Top Three Destinations For Wealthy Chinese Travellers

A new study shows that the emirate rose to the third position this year, up from the eighth position in 2013 in the list of most popular destinations for China’s rich travellers

Middle East Luxury Good Market Steady Despite Regional Worries

The GCC luxury goods market has continued to grow fast, at a rate of five to eight per cent.

Emaar Introduces Giant Crocodile To Dubai Mall Aquarium

The 750kg reptile, brought in from Australia, becomes latest attraction in Dubai Mall, as Emaar seeks to boost visitor footfall.

Dubai Developer Nakheel Seeks Tenders For Phase One Of Deira Islands Project

Bids for phase one are due by August 14.

Dubai Mulls New Fees To Curb Off-Plan Property Sales

Experts, including the IMF, have called for more regulations to govern transactions in Dubai’s off-plan property market.

Dubai’s Arabtec CEO Says No Rift With Major Shareholder Aabar

Shares in Arabtec, one of the most heavily traded stocks in Dubai, have plunged 48 per cent from their May peak.

DEWA Says All Services Now Available On Smart Devices

DEWA’s customers conducted around 3.3 million transactions in 2013 through its website and smart app, its chief executive said.

Iraq Ends Recovery In Dubai, Arabtec Shares

Dubai’s index drops 2.3 per cent while Abu Dhabi’s benchmark slides 1.4 per cent.

Dubai Bourse Amends Ownership Data After Arabtec Shares Plunge

The level of Aabar’s stake in Arabtec is important because the deep-pocketed fund has backed the construction firm’s expansion to become one of the region’s largest builders.

Aabar’s Stake In Arabtec Stabilises – Dubai Bourse

In a brief statement on Sunday, Dubai Financial Market said the stake had now risen slightly to 18.94 per cent.

Italian Property Developer Preatoni Acquires Dubai Star Tower

The move reflects a rebound in investor confidence in the JLT development, says chairman.

Is Another Property Bubble Looming Over Dubai?

Dubai house prices posted the fastest year-on-year rise of any of the world’s major markets in January-March, soaring 27.7 per cent.

Stock News: Arabtec Slide Slows, DP World Down On Convertible Issue

Arabtec shares dropped 2.4 per cent, a much smaller fall than the 7.8 per cent drop on Tuesday.

Dubai’s DP World To Price $1bn Convertible Bond Issue Thursday

JP Morgan is acting as the global coordinator for the bond sale.

UAE’s Arabtec Repeats Position Strong, To Maintain Listing

Arabtec shares have plunged 30 per cent in the last four days as a major shareholder, Aabar, cut its stake in the company.

World’s First Real Madrid Café Launches In Dubai

The café, themed around Spanish club Real Madrid, is located in The Beach Mall in JBR.

Dubai’s Emaar Malls Attracts Strong Demand For Debut Sukuk

The 10-year sukuk received orders worth more than $5.4 billion.

Emirates’ Decision To Cancel A350 Order Will Be A “Blow” For Airbus

The Dubai carrier cancelled its entire order of 70 A350 XWB aircraft following a “fleet requirement review”.

Nakheel Makes Dhs220m Sukuk Profit Payment

The developer said it has instructed Deutsche Bank to make the payment on the due date of June 15, 2014.

Emaar Malls Sukuk Launched At Tight End Of Guidance

The $750 million Islamic bond received orders worth more than $5.5 billion from investors.

Stock News: Dubai Volatile, Arabtec Extends Losses

Share prices in Dubai builder Arabtec fell 24 per cent in the previous three sessions.

Airbus Says Emirates Cancels Order For 70 A350 Planes

Emirates placed the order for 50 A350-900 and 20 A350-1000 jets in 2007.

Revealed: Dubai’s Top 5 Stalled Projects That Are Back On Track

Stalled during the global financial crisis of 2009 and afterwards, here are five marquee construction projects that are now up and running again.

Dubai’s Arabtec Seeks To Calm Down Investors After Share Price Drop

Arabtec, which had more than tripled in value this year, saw share prices dropping 24 per cent this week.

Dubai Is A Perfect Venue For Global Artists – Rahat Fateh Ali Khan

The popular Pakistani singer launched his new album in the city on Monday.

Dubai World Central To Offer New Office Spaces At World Expo 2020 Site

The offices, located at the Business Park Free Zone, will include small, medium and large units.

Dubai Says Property Market Driven By Fundamentals, Not Speculators

The UAE’s central bank warned that the emirate’s property market might be overheating.

Living Legend Villas To Be Handed Over By 2014 Year End

Villas from the Dhs7 billion residential project will be handed over to buyers in December 2014.

Dubai’s Emaar Malls Seen Selling 10-Year Sukuk This Week

The potential benchmark sukuk comes ahead of plans by Emaar Properties to sell a quarter of its unit to the public.

Nakheel Signs On Shangri-La For Luxury Hotel on Palm Jumeirah

Shangri-La will manage the 52-level luxury hotel in Nakheel’s Palm Tower development.