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Dubai’s Arabtec Holding To Set Up Five New Subsidiaries

Two of the units will focus on infrastructure projects, one on water and energy projects and one on the Egyptian market.

Dubai’s RTA Reveals 2014 Budget Of Dhs7bn, Plans 50 New Projects

Around 36 per cent of funds in the budget will be allocated to the traffic and roads agency while 33 per will go to rail agency, according to the RTA.

Nakheel Awards Contracts Worth $11m For Al Furjan, Warsan Projects

The contracts cover infrastructure design and supervision work in the two communities.

Congo’s ECAir Launches New Dubai Flight Route

The flight signals the first direct link between Congo and the Middle East.

Emirates Launches First A380 Flights To Barcelona

Emirates will look to funnel Spaniards into Dubai and onto its global network – particularly Asian markets such as Hong Kong and Bangkok.

Dubai Business Licenses Up 12% In Q4 2013

Commercial licenses constituted the major share of total licenses issued in the last quarter of 2013, said Dubai’s Department of Economic Development.

Le Royal Méridien Dubai Undertakes Dhs55m Refurb

New decor, modern technology and two fresh F&B concepts among the changes at established beachfront hotel.

Emaar Regains Investment Grade Credit Rating As Dubai Booms

Without a government credit rating, Emaar’s rating is seen as an indicator of investor confidence in Dubai.

Flydubai To Launch Paid-For Meals

Passengers can order the meals – priced at around Dhs40 – through flydubai.com.

What Property Can You Buy In Dubai For $7m?

A villa in Palm Jumeirah and an apartment in Dubai Marina can be yours for $7 million, according to Knight Frank.

Nakheel Awards Dhs375m Pointe Contract To Drake And Scull Unit

The Pointe, a new Dhs800 million mall on Palm Jumeirah, is scheduled for completion in 2016.

DP World Consolidated Volumes Slip 3.8% In 2013

DP World said terminals controlled by the company handled 26 million TEU compared to 27.1 million in 2012.

Dubai Start-Up Qordoba Raises $1.5m For Product Development

The online content creation company hopes to scale up its offering.

Deyaar’s Net Profit For 2013 Up 300%

The Dubai developer increased its gross profit for the year from Dhs199 million in 2012 to Dhs307.5 million.

Dubai Financial Centre Posts Double-Digit Growth For 2013

The number of active registered companies operating within the DIFC rose 14 per cent to 1,039 last year.

Hilton Garden Inn Arrives In UAE At The Double

The brace of hotels will meet the growing need for affordable accommodation in the run-up to Expo 2020

Trading On Dubai’s Main Stock Exchange Suspended

Trading on Dubai Financial Market (DFM) was suspended because of a system malfunction

Emirates Starting Daily Abuja-Kano Flights

Emirates will soon serve three cities in oil-rich Nigeria

Flydubai Signs Mobile Maintenance Agreement With Boeing

The applications give technicians real-time information to speed up maintenance repairs.

New Tourism Fee To Be Levied In Dubai From March 31

Visitors will face an additional charge of between Dhs7 to Dhs20 per room, per night.

ING Shuts Middle East Asset Management Operation In Dubai

The small Dubai team managed $425 million of assets at the end of 2013.

Dubai Apartment Rents Rise 50% In 2013

Residential sales prices also shot up by 60 per cent last year, says a new report.

Flydubai Plans Benchmark-Sized Bond Issue In 2015

The amount raised will be used for the company’s general operating expenses and to fund some of its aircraft deliveries.

Arabtec Plans To Hire 10,000 Across The Middle East

The Dubai-based construction company is targeting young recruits for the new roles.

Burj Khalifa’s ‘At The Top’ Dubai’s Biggest Attraction

Saudi Arabia provided the most visitors from another GCC country.

Drake & Scull Wins Dhs110m Contract for Mall of the Emirates’ Project

The contractor will provide MEP works for the mall’s redevelopment project.

Pearl Dubai Sells $1.9bn Assets To Hong Kong Property Group

The sale includes high-end residences and serviced apartments and two five-star hotels within the Dubai Pearl project.

Dubai’s Union Properties 2013 Profit Soars Eightfold

The company said it was recommending a five per cent bonus share dividend to shareholders for 2013.

Gallacher Retains Dubai Desert Classic Title

Gallacher began the day two shots clear of world number six Rory McIlroy.

Tiger Woods Vows To Work On Putter After Muted Dubai Showing

The 14-times major winner birdied the last three holes for a one-under-par final round of 71 on the Majlis course.