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Dubai’s ICD Acquires Stakes In Three Hotels

The fund’s latest acquisitions include the W Hotel in Washington D.C., a majority stake in New York’s Mandarin Oriental and minority stake in One&Only Cape Town.

Dubai Rent Growth Slows To 3% In Q1 2015

Apartment rates in Dubai saw a drop or gain between one and three per cent, while villa rates were largely unchanged.

Dubai’s Ruler Endorses Dhs14bn Nakheel Projects

The projects include a 12 million sq ft mixed used development in Deira Islands that will feature a massive mall with a glass dome.

No UAE Government Bond Law Before Year End -Official

A formal law could help develop the country’s bond market and cover any future budget deficits due to low oil prices.

Standard Chartered UAE CEO Becomes Latest Executive To Depart

Nathani will remain at the bank during his notice period and ensure a smooth transition to a successor, the lender said.

UAE’s Banking And Finance Jobs Up Despite Oil Price Drop

Overall the job listings in the Middle East rose 14 per cent year-on-year in March, the index showed.

Dubai’s Pacific Control Systems Raises Dhs1bn In 72-Month Loans

The syndication was a mix of conventional and Islamic financing structures, a bourse filing said.

Etihad, Jet Confirm Sponsorship Of IPL Cricket Team, Mumbai Indians

The airlines’ logos will feature on the team’s shirts, and their branding will also be advertised in the Wankhede Stadium.

Reem Island Murder Accused Pleads Not-Guilty; Case Adjourned To April 14

The accused denied all charges by the public prosecution against her, saying that she had a mental illness.

Revealed: Top 10 Richest Arabs In The World

Saudi billionaire Prince Alwaleed tops the 2015 of the top 100 richest Arabs in the world as compiled by Forbes Middle East.

Emaar’s Egypt Unit Signals Chairman Role Change Ahead Of Float

There has been increased speculation that Mohamed Alabbar may leave Emaar due to his other commitments in the real estate sector.

Nshama Launches Apartments For Less Than Dhs350,000 In Town Square

The developer has launched 306 apartments including a mix of studio, one, two and three bedroom units in the initial phase.

Taj Dubai Set For April Launch

Located in the Downtown district,Taj Dubai is the Indian luxury operator’s second Dubai hotel.

UAE Joins Asian Infrastructure Investment Bank

The UAE follows a number of other Gulf countries such as Saudi Arabia, Kuwait, Oman and Qatar that have flocked to join the new Asian bank.

UAE Space Agency Visits NASA, Seeks US Partnership

The UAE is seeking to send the Arab region’s first unmanned mission to Mars by 2021.

Abu Dhabi Airports Names Board Member Al-Mazrouei As CEO

He replaces Tony Douglas, who joined Britain’s defence ministry (MoD).

Despite Gallery Delays, UAE Cements Status As Regional Art Hub

The UAE has been on an art-investing binge for three decades.

Luxury Developer Damac Opens Two New Hotel Apartments In Dubai

DAMAC Maison The Vogue and NAIA Breeze have a joint capacity of more than 500 suites.

Stock News: Dubai Leads Gulf Markets Up After Iran Nuclear Deal

The main Dubai stock index climbed 1.6 per cent in early trade on Sunday.

Dubai Developer Damac Considers London Tower Investment

The project in central London comprises 450 residential units as well as Grade A offices and retail space.

UAE March Non-Oil Business Growth Slows To 17-Month Low

Output growth dropped, while new order growth also slowed, found the HSBC UAE Purchasing Managers’ Index.

UAE Fighter Jets Launch Airstrikes In Yemen Following Death Of Saudi Soldier

UAE fighter jets struck a surface-to-air missile base and a radar site in Marib.

Abu Dhabi Industrial Group Senaat Posts 5% Profit Rise In 2014

Senaat’s revenue increased by 16 per cent to Dhs13.4 billion in 2014.

Arabtec Profit On Egypt Project Won’t Exceed 7.5%

The company agreed terms last week with Egypt for the first phase of a $36.7 billion plan to construct one million homes across the country.

UAE Banks Apply Lending Brakes

With oil prices down sharply from June 2014 levels, and economic growth lagging, lending in the UAE is anticipated to slow in 2015.

Is Dubai The Gulf’s New Creative Hub?

With swelling advertising budgets and projects such as the Dubai Design District, the emirate is pitching its creative credentials.

GCC Rail Project: Less Chug, More Sputter

Uncomfortably close to the 2018 completion date, the GCC rail project is swamped by delays and challenges.

Mohamed Alabbar to acquire stake in YNAP from Richemont

Emaar Chairman’s Outside Deals Stir Investor Unrest

Speculation persists that Mohamed Alabbar and Emaar could soon part ways despite a categorical denial from the firm last month.

Etihad Purchase Of Darwin Stake Gets Swiss Approval

The Abu Dhabi carrier agreed to buy a 33.3 per cent stake in Lugano, Switzerland-based Darwin at the start of 2014.

Arabtec, Egypt Agree Terms On First Phase Of One Million Homes Project

The first phase will consist of 100,000 units to be built in Egypt’s El Obour and Badr districts.