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DIFC Courts judgments to be enforced in RAK

The move aims to improve RAK’s standing as an investment destination

Abu Dhabi plans hyperloop facility to Al Ain

A hyperloop route could connect Abu Dhabi and Al Ain in eight to 12 minutes

Two new hotel openings confirmed in UAE’s RAK

The Hilton and Mövenpick properties will open in 2017 and 2019 respectively

Hyperloop One to move its HQ to Dubai

The LA-based company has been selected to participate in the Dubai Future Accelerators Programme

Dubai’s RTA to open $40.8m Deira Islands bridge

The project will create a new temporary entrance to Deira Islands

Abu Dhabi Police travel to US following shooting of Emirati student

Saif Nasser Mubarak Ali Alameri, 26, was killed by a gunshot to the head last Sunday

Sultan Bin Khalifa Foundation to establish $60m Abu Dhabi cancer treatment centre

The cancer centre in Al Shahamh will offer therapeutic services to nearly 1,300 patients annually

Dubai Hassyan clean coal plant secures $2.47bn of financing

The first phase of the Hassyan clean coal project comprises four units of 600MW net power

Dubai Investments to close $300m loan by year-end

CEO Bin Kalban said there are also plans to list 30 per cent of Dubai-based Emirates District Cooling (Emicool)

London’s King’s College plans to reduce Gulf medical tourism with Dubai hospital

The hospital is planned to be one of the first in the region to provide liver transplants

Dubai’s Emirates plans premium economy within 18 months

The airline’s president said premium economy was an option to reduce declining yields

Dubai’s Drake & Scull appoints PwC as adviser for turnaround

DSI’s board approved the choice of the consultancy firm as strategic and financial adviser

Theme parks operator DXB says some Motiongate rides may not be ready for opening

The opening of the park was delayed previously

NBAD, FGB shareholders approve merger

The combined banks will create the UAE’s largest lender

Contractors appointed for The World Islands Heart of Europe project

The project is hoped to be completed before Dubai Expo 2020

UAE national holiday confirmed for Sunday

The holiday will celebrate the birthday of Prophet Mohammad

Emirati student shot dead by police in the US

Saif Nasser Mubarak Ali Alameri’s death occurred after a car crash

Dubai launches new health insurance payment system

The new system will be implemented in the next three years

UAE ranks fourth in the Arab region for reading

Region-wide, the index found that Arabs read 35 hours per year on average

Abu Dhabi-based GI Aviation to begin commercial flights

The company plans to offer a more affordable private air charter service

Dubai’s IMG unveils plans for second theme park

The new park will be located opposite IMG Worlds of Adventure

Abu Dhabi’s Marina Mall to undergo $817m extension

The expansion will add new leasing space, parking and a food court

UAE Armed Forces pens $208m of F&B deals

The contracts were signed at an exhibition in Abu Dhabi

Dubai’s Emirates Islamic launches Dhs1.5bn rights issue

The allocation of the new shares will be made on December 29

UAE aviation authority says drone disruption minimised in recent incident

A GCAA official said the regulator is exploring a number of means to limit the impact of drone activity within its airspace

Etihad board approves plans to create new European airline with TUI

Headquartered in Vienna, the new airline group is scheduled to begin operations in April 2017

Construction begins on new Address Jumeirah project in Dubai Marina

The Address Residences Jumeirah Resort and Spa is located at the end of the Jumeirah Beach Walk

Abu Dhabi’s Strata expects to break even in 2018

In July, Strata won two contracts from Airbus valued at $1bn to manufacture parts

Dubai reveals new property marketing rule for brokers

Brokers now require written authorisation from real estate owners before they can market any properties

UAE private sector job growth hits four-month high

The UAE’s non-oil private sector regained growth in November for the first time in four months