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Eagle Hills awards grading works contract for Fujairah Address resort

The Address Fujairah Resort + Spa hotel and residences project is located in Sharm in Fujairah

Abu Dhabi bourse to introduce short-selling in Q1 2017 – CEO

The move is hoped to help ADX boost liquidity and attract more foreign investors

Abu Dhabi airport sees 4.4% rise in Nov passenger traffic

The airport received over 1.86 million passengers last month

Saudi carrier flynas begins flights between Dammam and Abu Dhabi

An Airbus A320 aircraft with business and economy seats will operate the route

Dubai developer Damac offers buyers free BMW cars this DSF

Customers buying properties starting from Dhs599,000 will win a free luxury car

Dubai Municipality to invest Dhs2.5bn on projects

The civic body is working on the construction of new markets and the expansion of existing ones

Up to 98% of Dubai residents now have health insurance

Those who are not covered by the mandatory health cover will face monthly fines

Dubai’s Shuaa buys 14% of Bahrain’s Khaleeji Commercial Bank

The stake will be used to support the bank’s expansion, said Shuaa

Dubai’s DEWA confirms that solar park’s phase 2 is 80% complete

The second phase of the park will eventually generate 200 megawatts

Etisalat, Saudi’s Mobily discuss new alliance after ending management deal

UAE telecom operator Etisalat owns 27.4 per cent of Mobily

Aldar says work progressing on mid-market project Shams Meera

The project is expected to be handed over in the second quarter of 2018

Saudi telecom operator Mobily says agreement with Etisalat has ended

Mobily said its management agreement with Etisalat had expired on Friday

UAE President declares 2017 as the ‘Year of Giving’

Programmes and initiatives will target the private sector in the UAE

Abu Dhabi’s Etihad signs codeshare with Montenegro Airlines

The deal will begin next year, subject to government approval

Unilever opens Dhs1bn factory in Dubai Industrial Park

The facility is the largest of its type in the region and will produce personal care products

Dubai to post $680.7m deficit in 2017 as infrastructure spending ramps up

The new budget will see a 2.6 per cent increase in spending

UAE eyes stricter regulation of infamous 25-year savings plans

The country is seeking to clamp down on commission-led products, according to Globaleye

Dubai Airports signs deal for new 3,000-space car park

Under the agreement Mawgif will design and build the new facility

Dubai’s Marka confirms resignation of CEO

The company did not disclose a reason for the CEO’s departure

Abu Dhabi’s Etihad pens codeshare with Tanzania’s Precision Air

Under the deal, Etihad will place its EY code on Precision Air flights

VAT to generate $3.26bn for UAE in first year

The new tax will be implemented from 2018

Abu Dhabi’s Etihad to dismiss group CEO James Hogan?

German business paper Handelsblatt Global cited multiple independent sources as confirming Hogan’s departure

Dubai developer Azizi plans 50 new projects in 2017

The 50 new projects will be developed in various parts of Dubai

UAE Embassy urges Emiratis to avoid crowds after Berlin attack

The attack on Berlin’s Christmas market killed at least 12 people

New Year’s Day holiday confirmed for UAE workers

A national holiday has been confirmed for public and private sector workers

Exclusive: Dubai Parks mulls fifth new theme park – CEO

Three theme parks in the complex are now open with work on the fourth park – Six Flags – now underway

Dubai Taxi partners with Cartrawler for overseas bookings

Prepaid bookings can now be made through the Cartrawler system

Mubadala to hold Abu Dhabi’s 2% stake in BP

In exchange, BP has got a 10 per cent stake in Abu Dhabi Company for Onshore Petroleum Operations

Meraas launches new F&B business unit – Dubai Gourmet

Dubai Gourmet will introduce new ‘experiential dining’ concepts

Dubai South VIP Terminal officially opens

The new facility is being marketed for its bespoke retail offering