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Dubai Group Unit Sells 41.1% ONIC Stake To Oman Fund

The asset sale is part of the Dubai Group’s $6 billion restructuring process, said officials.

Arabtec Tumbles After Massive Capital Raising Plans

The contractor also replaced its chief executive as part of a shakeup driven by investment fund Aabar, its largest shareholder.

Federer And Djokovic Power Through In Dubai

Federer dismissed Spain’s Marcel Granollers while Djokovic overcame a late stumble to beat another Spaniard Roberto Bautista.

Dubai Plans Central Islamic Finance Regulatory Board

The emirate is hoping to become a global hub for Islamic finance and other businesses based on Islamic principles.

Dubai’s Arabtec CEO Riad Kamal Resigns

Managing director Hasan Ismaik will replace Kamal as the new chief executive of the construction company.

Abercrombie & Fitch To Launch In Middle East With MAF

American fashion house will open a Hollister store in Mall of the Emirates in Q3 of this year.

Kingfisher Airlines Loses Rights To Fly To Dubai

The carrier has lost its traffic rights allowing it to fly 21 times a week into the UAE.

Tennis – Djokovic And Del Potro Go Through In Dubai

Novak Djokovic extends his unbeaten run to 14 matches.

“Being Global Doesn’t Matter” – Frost & Sullivan

The GIL 2013 event in Dubai highlighted the importance of visionary innovation and megatrends in business.

Dubai’s DEWA To Print Sukuk This Week, Sets Price Talk

DEWA CEO Saeed Mohammed al-Tayer indicated last week that the sukuk would be $1 billion.

Dubai Airport Passenger Traffic Up 15% In January

Traffic rose to 5.56 million passengers from 4.85 million a year ago with freight volume also up.

Dubai Fund ICD In Talks For Islamic Bond

Investment Corporation of Dubai, which controls some of Dubai’s top companies, expects to complete a deal this year.

Emaar Shares Hit 51-Month High Ahead Of Dividends

The Dubai developer’s shares jumped 4.6 per cent to hit Dhs5.15, its highest close since November 2008.

Kvitova Wins Dubai Duty Free Tennis Championships

The Czech claimed her 10th tour victory with the win over Sara Errani on Saturday.

Hamptons MENA Reports 19% Growth In Dubai Property

The real estate firm recorded improved sales in established communities such as Downtown Dubai and Dubai Marina.

Dubai International Boat Show Welcomes Superyacht Builders

Dubai opens its boat show as survey reveals 60 per cent of world’s top 100 superyachts are in the Middle East.

Emaar Says India Roadshow Gets “Strong Response”

The developer is showcasing its Dubai-based properties to Indian investors.

Dubai’s Arabtec Wins $272m Fairmont Abu Dhabi Contract

The contract covers building the hotel as well as maintaining its development for one year.

Emirates Expands In The Philippines

Move provides Emirates with an avenue for growth beyond Manila and travellers with more flying options

Sony Launches Xperia Z Smartphone

A sharp camera and enhanced connectivity are among the model’s attributes

Emirates A380 Scare Was Just ‘Door Noise’

Airline says no upper deck doors opened mid-flight, nor was there any loss in cabin pressure

Dubai’s Nakheel In Talks To Extend $2.2bn Loan

Ali Rashid Lootah dismissed concerns over Nakheel’s ability to repay its debts, which include a Dhs3.8 billion sukuk.

Male Grooming Goes Back To 1847

Negin Fattahi-Dasmal, founder and CEO of The Grooming Company, explains the success behind the region’s first male-only grooming parlour.

Geopolitical Sanctions Weigh On Dubai Consumer Banking

The emirate is sensitive to the issue given its geographical positioning to countries targeted by sanctions.

Dubai’s New Island Project Will Boost Property Market

The emirate has announced plans to build a Dhs6 billion island project that will include the world’ largest ferris wheel.

Dubai Approves $1.6bn Island Plan

Bluewaters Island development will include the world’s largest ferris wheel.

Flydubai Announces First Net Profit Since Launch

HH Sheikh Ahmed reveals Dubai’s new Al Maktoum International airport is to be inaugurated in October this year.

Mashreq Sees 10-15% Profit Rise In 2013

Chief executive Abdulaziz Al Ghurairis optimistic about the bank’s performance this year.

Damac Launches Partnership With Fendi

The announcement marked a rare public appearance from the chairman of DAMAC, Hussain Sajwani.

Sheikh Mohammed Says Employment For Emiratis Is Top Priority

Dubai’s ruler Sheikh Mohammed addressed a range of topics during the inauguration of the government summit in Dubai.