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Dubai-India trade hits Dhs48bn in H1 2016

Trade with India accounted for 7 per cent of Dubai’s total non-oil foreign trade in H1

Abu Dhabi Financial Group, GFH appoint CEO for $100m Islamic finance firm

ADCorp has been established with $100m of authorised capital

Abu Dhabi Number 1 car plate sells for Dhs31m

The plate was bought by an Emirati businessman

Landing gear failure on Emirates A380 under investigation

The airliner was arriving in Dubai from London last week when the crew received an error message

Counting the cost of type 2 diabetes on the UAE’s medical system

Individuals, employers and insurers have to work together to change the situation

Video: Exploring Dubai’s new Water Canal

The 3.2km waterway will feature the UAE’s longest promenade

UAE announces holidays for National Day and Commemoration Day

Public and private sector holidays revealed

Abu Dhabi to host 2019 Special Olympics World Games

The World Games happen once in two years

Dubai issues new ruling on land mortgages

The law pertains to lands owned by the government and granted to beneficiaries

Abu Dhabi’s Etihad to suspend flights to Sao Paulo

The airline said the performance of the route had fallen short of expectations

Dubai’s RTA launches free wifi on buses to Sharjah, Abu Dhabi

The high-speed wifi service will be provided by Etisalat

China’s ICBC becomes Dubai commodities exchange settlement bank

The move will allow more investors to clear transactions in yuan

Indians cannot exchange demonetised currency notes in the UAE

NRIs in the UAE will only be able to exchange their 1,000 and 500 rupee notes in India

Starz Play Arabia receives multi-million dollar funding

The investment will be used to finance its expansion and for further content acquisition

Mercedes-Benz completes autonomous Dubai-Abu Dhabi car journey

The journey was complicated by “speeding and aggressive driving” the company said

Emirates NBD expects sharp drop in retail loan growth in 2017

The bank expects retail lending growth to halve to around 5 per cent as the market slows

Three jailed in the UAE for terror links

One of the accused, an Emirati, was sentenced to 10 years in prison

UAE-Singapore JV plan aluminium products plant in Abu Dhabi

The plant will produce 65,000 tonnes of aluminium coils annually

GCC banks could lose access to dollar clearing- official

U.S. and European banks are continuing to scale back their relationships with Gulf banks

Fire breaks out in Dubai building

All the residents were evacuated from the building – which is located in Bur Dubai

Dubai’s DWC posts 161% growth in passenger traffic

The growth in passenger traffic was mainly driven by flydubai

Dubai investment firm GGICO to restructure $643m of debt

It is the second time in recent years that the company has been forced to renegotiate its financial commitments

Zara, Promod to open at Abu Dhabi’s $1bn Reem Mall

Construction on the mall began in 2015 and it is expected to open in 2018

Dubai construction firms Arabtec and Drake & Scull reduce Q3 losses

Construction companies have been struggling with a difficult industry environment

UAE government extends maternity leave

Female employees of the federal government will now be granted a three-month paid maternity leave

Abu Dhabi’s Image Nation, Chinese media firm create $300m film fund

The fund will invest in films and TV programmes from Hollywood, China and other countries

UAE low cost carrier Air Arabia posts 26% rise in Q3 net profit

Air Arabia had reported declining profits in four of the preceding five quarters

UAE’s GEMS Education seeking $500m loan – sources

The loan will be used partly to refinance existing US dollar-denominated debt

InterContinental Hotels pens deal for UAE’s largest Holiday Inn

The property aims to appeal to the UAE’s growing mid-market segment

Two Audi R8 supercars join Dubai Police fleet

Police will use the cars to raise road safety awareness among young drivers