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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

China’s CEFC in talks for stake at Abu Dhabi oil concessions

ADNOC struck a $2.2bn deal with BP for a 10 per cent stake in the ADCO concession on Saturday

Emirates to launch A380 on daily route to Morocco’s Casablanca

The airline will be the first to operate a commercial Airbus A380 flight to Morocco

Expo 2020 Dubai to target SMEs in major tender offering for retail products

Around a third of the contracts are expected to be awarded to small or medium sized enterprises

Careem closes first part of $500m funding round

Careem said the cash would be used to help with its expansion plans

Abu Dhabi’s Etihad confirms job cuts to reduce costs

The airline said it was operating in an “increasingly competitive landscape”

Nakheel opens Dhs110m new retail centre Al Furjan Pavilion

The new centre has 24 shops, restaurants and services and a car park for more than 300 vehicles

UAE warns motorists of low visibility and strong winds

Temperatures are expected to drop across the country

Bollywood park, Dubai parks and resorts

Pictures, video: Inside Dubai Parks and Resorts as it officially opens

Set across 30.6 million sqft, Dubai Parks features a total of 100 rides and attractions

Dubai’s RTA and Etisalat introduce smart malls at metro stations

The malls are initially available at four stations

Saudi Telecom board approves $100m investment in Dubai’s Careem

STC will acquire a 10 per cent stake in ride-hailing app Careem

ADNOC awards 10% onshore oil concession to BP

Under the agreement BP will manage the Bab oilfield

Dubai to build region’s first nanometric satellite

The satellite, called DM SAT1, is designed to collect and analyse environmental data using space technology

Etihad and Lufthansa announce code-share deal

Under the deal, Lufthansa will place its LH code on Etihad’s flights between Abu Dhabi and Frankfurt and Munich

Alibaba eyes GCC to expand business

The Chinese e-commerce giant aims to grow its business-to-business presence in the region

UAE banking sector could see more mergers – Al Ghurair

Mashreq CEO Abdulaziz al-Ghurair said the banking sector was open to mergers such as the NBAD and FGB deal

Dubai’s Al Tayer group launches online luxury retail platform

Ounass.com will cater to customers in the UAE, Saudi Arabia and Qatar