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Dubai property market transactions drop in Q3 – report

Sales prices in both villa and apartment sectors fell by around 1 per cent

Dubai firms remain ‘cautious’ on hiring despite strong growth

Dubai’s private sector economy registered an improvement in business conditions in October

Sheikh Mohammed, Saudi king congratulate Trump

Donald Trump beat rival Hillary Clinton to win the US election

Dubai Canal to be inaugurated tonight

The 3.2km waterway stretches through key areas including Business Bay, Safa Park, Al Wasl Road, Jumeirah 2, Jumeirah Road

Dubai airline Emirates H1 net profit slumps 75%

The world’s largest carrier of international passengers reported a profit of Dhs786m

More consolidation in the UAE energy sector – minister

Lots of consolidation has been announced in the ADNOC group

UAE to have new framework for public-private partnerships

The documentation will be used instead of drafting a new PPP law

Dubai’s Emaar Properties Q3 profit up 36%

Chairman Mohamed Alabbar said the company had focussed on efficiency to drive profitability this year

Danube launches $109m Dubai residential tower

Handover of the firm’s first property is expected soon

London’s King’s College Hospital appoints Dubai CEO, plans liver transplant procedures

The 100-bed hospital, first announced last year, is due to open in Q4 2018

Commercial Bank of Dubai names Saudi Hollandi’s Linder as CEO

Van Linder will replace Peter Baltussen, whose retirement was confirmed by the bank last month

UAE’s ADNOC, Occidental to expand Al Hosn capacity by 50%

ADNOC holds a 60 per cent share in the Al Hosn joint venture

Hyperloop maker eyes 2020 Dubai launch

Hyperloop One’s CEO has said the company hopes to begin construction of its first system in 2018

UAE and UK royals launch year-long cultural programme

Prince Charles joined Sheikh Mohammed bin Zayed at Al Jahili Fort to launch the UK-UAE Year of Cultural Collaboration

Sheikh Mohammed announces Dhs1.3bn Hatta tourism plan

The mountain city of Hatta will be transformed into a leading sports, environmental and cultural destination

DEWA receives 30 expressions of interest for Dubai concentrated solar plant

The plants marks the fourth stage of the Mohammed bin Rashid Al Maktoum Solar Park

Dubai’s Meraas announces plans for new multi-purpose arena

Dubai Arena will span more than half a million square feet and have the capacity to host 20,000 people

In pictures: Somewhere opens four-star hotel in Dubai’s Barsha Heights

The new property is located towards the Greens entrance to Barsha Heights (TECOM)

In pictures: Britain’s Prince Charles arrives in the UAE

Charles and his wife Camilla, Duchess of Cornwall, are on a three-nation Gulf tour

Dubai’s Damac Properties Q3 profit slips 11.7%

The developer reported a net profit of Dhs902.0m

Dubai’s Emaar Malls Q3 net profit rises 16%

Emaar Malls reported a net profit of Dhs435m ($118.4m) in the three months to September 30

DEWA’s new HQ to be world’s ‘largest and smartest net zero energy building’

The building will power itself and features robots, a dedicated app and other smart technologies

RTA to launch nine new marine stations at Dubai Canal, Business Bay

Ferry services to the new stations will launch the day after the opening of the Dubai Canal

Eureeca obtains DIFC’s first equity crowdfunding licence

The company said it was the region’s first licensed equity crowdfunding platform

Economic slowdown continues to hit Abu Dhabi rents in Q3

Businesses and residents are shifting towards more affordable options, CBRE said

VAT in the UAE: Who will feel the biggest pinch?

Value added tax is coming to the UAE. Is the country prepared for it?

Sotheby’s set to launch its first UAE store in Dubai this year

Sotheby’s, which has offices in Doha, Istanbul, Egypt and Mumbai, has begun hiring staff for its office in Dubai

Dubai reveals new public parking rates for commercial areas

UAE non-oil business activity slows for third straight month

PMI points to little new work and near stagnation in employment in October

Dubai businessman Abdul Wahid Al Rostamani passes away

AW Rostamani Group said its offices and showrooms would remain closed today

Dubai testing drone detectors after several airport incursions

Operations at Dubai’s main airport were halted for an hour on October 29