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Dubai Rents Up 10% In Q1 2013, Set To Rise Higher

Residential rents have shot up in areas such as Burj Downtown, Dubai Marina and Palm Jumeirah, says report.

Global Hotel Alliance Relocates Head Office To Dubai

Relocation provides 18-brand alliance with tax benefits and signals city’s growing commercial allure

Union Properties Shareholders’ Approve $109m Debt Extension

The Dubai-based property developer’s loan has been extended until August 20, 2017.

Arabtec Shareholders Approve Capital Raise

Arabtec replaced its chief executive last month in a management shake-up led by Aabar, its largest shareholder.

UK Property Developers Woo ME Buyers

New exhibition in Dubai to feature luxury London properties that are not yet marketed even in the UK.

Dubai Police Unveil Lamborghini Aventador Patrol Car

The $500,000 vehicle will ‘help to facilitate policing on highways’ as it’s capable of a top speed of 350 km/h.

Emirates Starting Stockholm Flights

Emirates targets growing bilateral trade links and outbound Swedish leisure traffic

Bill Clinton: Dubai In “Strong Position” To Win Expo 2020 Bid

The former US President says the emirate’s model of “shared prosperity” is an inspiration for the Middle East.

Mashreq Sues ING Over Losses Tied To ‘Roach Motel’ Debt

The Dubai-based lender is accusing Netherlands-based ING of losing 40 per cent of a $108 million investment.

Spring GITEX Shopper Offers Glimpse Of Main Event

The shorter GITEX technology event in March indicated 2013 will be dominated by tablet computers, mobiles and accessories.

Damac Announces Launch Of New Project, Lincoln Park, In Dubai

This is the developer’s fourth project launch so far this year.

Emaar Boss Will Not Take Write-Downs On Amlak Investment

Mohammed Alabbar was speaking at Emaar’s AGM where shareholders approved a 10 per cent cash dividend.

Earthquake In Iran Felt Across Dubai, GCC

An earthquake measuring a magnitude of 6.3 struck on Tuesday 60 miles south of the city of Bushehr in Iran.

Emaar Launches First Project Within Mega-Development Reem

The developer will launch the sale of 188 townhouses in Mira this month.

Emirates Flying Milan-New York From October 1

Italian Civil Aviation Authority has authorised the services, an extension to one of Emirates’ existing triple daily flights, on an extra-bilateral basis.

Sir Maurice Flanagan Retires From Emirates

Executive Vice Chairman who has been pivotal in managing Emirates’ growth in the last 28 years stepped down from his position on Sunday

Dubai Islamic Bank Repays Dhs3.7bn To UAE Finance Ministry

The bank received the deposit in 2008 to boost its financial strength during the financial crisis.

Exclusive Interview: Colm McLoughlin, Executive Vice Chairman, Dubai Duty Free

With $16 million sales per day, is Dubai Duty Free’s success about being in the right place at the right time or a shrewd business strategy?

Dubai Duty Free Sales Up 12% In Q1

The airport retailer recorded sales of Dhs1.6 billion in the first three months of the year.

Dubai World Central To Open For Passengers In October

Dubai’s second airport will operate five runways and have a capacity of 160 million passengers a year.

Dubai Developer Damac Plans IPO – Sources

The IPO plan is reportedly at an initial stage and it is not clear whether the listing will be in Dubai.

Dubai ‘Central’ To Emirates-Qantas Partnership Success

Emirates President Tim Clark highlighted the importance of Dubai as a trading hub at last night’s gala dinner.

Dubai Has Highest Fire Safety Standards In The World – Official

Despite official safety claims, 43 per cent of the UAE’s residents still say they have never taken part in a fire drill, finds new survey by Honeywell.

Emirates On The Lookout For Asia’s Qantas

The Dubai airline’s long-term strategy “embraces opportunity,” states Emirates president Tim Clark.

VIDEO: Emirates, Qantas A380s In Sydney Flyover

The tandem flight is believed to be the first time two commercial A380s have flown together in formation.

Emaar’s Alabbar Eyes New World’s Tallest Building

Emaar’s chief has located Asia as a possible location for a skyscraper to outreach the expected height of Kingdom Tower.

Dubai Holding Unit’s 2012 Profit Surges On Lower Impairments

DHCOG posted a net profit of Dhs1.2 billion ($326.71 million) for 2012, compared with profit of Dhs204 million in 2011.

Emirates NBD Lists $750 Bond On Nasdaq Dubai

The issue was three and a half times oversubscribed with more than 160 orders received from regional and international investors.

Stocks: Kuwait Recovers Intraday Losses; Dubai At Two Month Low

Dubai’s bourse fell 0.9 per cent to a fresh two-month low of 1,829 points.

Animal Kingdom Wins $10 Million Dubai World Cup

Last year’s winner Monterosso, from the Dubai Godolphin stable, was pulled out of the race earlier in the day.