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UK general election: What will it mean for trade with the GCC?

UK PM Theresa May has called for a snap general election on June 8

Dubai’s Emaar to reopen burned out Address hotel in Q4

The building was damaged in a New Year’s Eve fire in 2015

Abu Dhabi’s Eagle Hills launches new mixed-use project in Fujairah

Called Fujairah Beach, the development will feature a luxury five-star hotel and a gated residential community

Dubai TV channel City7 shutting down – report

The English language television channel is owned by BinHendi Enterprises

Dubai’s Arabtec shareholders approve Dhs1.5bn rights issue

They also approved plans to reduce the company’s capital and wipe out accumulated losses

Dubai airline Emirates says travel flows from US to Iran have dropped

In March, US President Donald Trump signed an order keeping a 90-day ban on travel to the US by citizens of Iran

Former boxing champion Mike Tyson to launch new business venture in Dubai

The boxer will launch the Mike Tyson Academy in the emirate next week

Dubai Holding appoints new CEO, denies any merger plans

Edris Alrafi, the chief commercial officer at Meraas, has been appointed as the new CEO of Dubai Holding

Ras Al Khaimah launches economic zone to oversee its two main free zones

The new authority will oversee Ras Al Khaimah Free Trade Zone and RAK Investment Authority

Abu Dhabi’s The National newspaper cuts jobs as part of restructuring

New owner IMI did not confirm the number of job losses

Dubai contractor Arabtec asks banks to waive debt terms

The building company reported accumulated losses of Dhs4.6bn last year

Uber launches trial of affordable service uberX in Dubai

The trial of uberX will start with a limited number of vehicles in Dubai

Abu Dhabi’s Aldar launches Dhs1.3bn affordable project

Prices for the units begin from Dhs450,000

Emirates Global Aluminium opens new China office

The Shanghai office will source raw materials and other supplies in China

UAE to develop three projects worth Dhs171m in Sharjah, Umm Al Quwain

The projects include two projects for the Ministry of Interior and one for the Ministry of Justice

Dubai contractor Arabtec appoints new group CFO

Peter Pollard will succeed acting group CFO Ravi Murthy

Abu Dhabi’s Mubadala, Eshraq Properties mull real estate JV

The joint venture will look to develop plots owned by Mubadala on Al Maryah Island and by Eshraq Properties on Al Reem Island

Top 10 cars in Dubai: How insured are they?

Expats in UAE will have to renew driving licences once in five years

Currently, expats in the UAE renew their licences once in 10 years

Abu Dhabi’s $1bn Reem Mall with indoor snow park delayed until 2020

Reem Mall will feature 450 stores and an indoor snow park

Dubai’s DP World, Port of Fujairah end concession agreement

DP World entered into the agreement in 2005

Dubai government to end paper transactions in 2021 – Crown Prince

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum also launches new digital platform to host all government data

Work progresses on Dubai Metro extension to Expo 2020 site

The completion rate of the project is now at 7 per cent

Dubai Municipality completes first phase of Hatta Hiking project

Covering 9km, the first phase of the project includes an ‘eco-friendly’ hiking trail

Majid Al Futtaim to open Carrefour hypermarket at Dubai Festival City

The new store will replace the UAE’s only Hyperpanda market

Nakheel opens retail pavilion at Jumeirah Islands, to launch new clubs, F&B outlets

Nakheel has also started the handover of units at its Dhs450m Jumeirah Islands Townhouses community

Dubai’s Shuaa plans HQ move to Abu Dhabi

The move comes as major shareholder Abu Dhabi Financial Group (ADFG) seeks to reduce costs

First Emirati astronaut to be in space in ‘few years’ – Sheikh Mohammed

Sheikh Mohammed launched the UAE National Space Programme

Dubai Mall Apple store opening date revealed

The store will be opened on Thursday, April 27

Dubai’s Meraas launches four hotel brands, to open two resorts in Bluewaters

The first of the new hotels to be opened will be Re Vera and Vivus branded resorts

Siemens to set up global logistics headquarters in Dubai

The new global HQ will include bases for Siemens’ airports, cargo infrastructure and ports teams