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Swiss-Belhotel International takes over operations of Sharjah Rotana

Post the deal, Sharjah Rotana will be renamed Swiss-Belhotel International Sharjah

Etihad to launch daily A380 services to Melbourne from 2016

Deploying the A380 will increase the total number of two-way seats on the route by 26 per cent to over 11,500 per week

UAE cabinet approves slightly smaller federal budget for 2016

Next year’s budget has been set at Dhs 48.56bn with a zero deficit

Flydubai begins operations from Dubai World Central

The carrier will offer flights to destinations such as Amman, Beirut, Chittagong, Doha, Kathmandu, Kuwait and Muscat from DWC

Oil at $80 seen as ideal in next phase -UAE economy minister

The minister said the world could not afford to let oil stay at its current level, which is roughly $50 a barrel for Brent crude

UAE SMEs lower growth outlook as economy slows

Small and medium enterprises have reported difficulties in collecting payments and raising finance, both signs of tightening liquidity

Up to 78% of Filipinos in the UAE plan Philippines property buy

New survey finds majority of the respondents plan to buy properties within a price ceiling of around Dhs 167,000

Marka signs deal to open fashion brand Carven in the GCC

Following the deal, the Dubai-listed firm plans to open seven new Carven stores in the Gulf Cooperation Council countries by 2018

Egypt’s Sisi to visit UAE, India and Bahrain

The Egyptian President will begin his trip on October 27 with a visit to Abu Dhabi, state news agency WAM said

Timeline: Dubai’s Emirates completes 30 years

The fast growing Dubai airline began with a capital of $10m and two leased aircraft

Germany approves Etihad-Air Berlin code shares until Jan 15

Etihad owns 29.2 per cent of loss-making Air Berlin, which is currently working on a new restructuring plan

Sharjah woos property investors with mega projects

Sharjah’s property developers are booking to attract expat investors with billions of dirhams of mixed-use projects

Dubai’s retail sector stabilising after high growth – Majid Al Futtaim

Michael Cesarz said that the company will continue to expand in Dubai while pursuing opportunities in Abu Dhabi and Sharjah

Review: Charisma coach Danish Sheikh

Indian charisma coach Danish Sheikh is now in Dubai to prove that charm is a quality that can be taught and bought

Abu Dhabi’s residential rents up 8% in Q3 2015

Rents for poor quality housing stock in Abu Dhabi have declined but rates for new units remained unchanged, a new report says

Sharjah launches new 14 million sq ft industrial zone

Al Saja’a Industrial Oasis will comprise of 353 plots, all of which will be offered to investors on either a freehold or a leasehold basis

Apple Watch launches in the UAE – should you buy it?

The smart watch is priced from Dhs 1,399 upwards in the UAE

Revealed: Worst countries for expats to live and work in

Kuwait was ranked the worst country for expats to live and work in, a new survey showed

UAE’s National Food Products Co eyes $1.5bn stake sale – sources

The company markets brands including Milco, Lacnor and Oasis bottled water

Emaar launches second phase of Maple townhouses in Dubai

Maple 2 will consist of 666 contemporary-styled townhouses ranging from three to five bedrooms

Dubai’s Mashreq Q3 net profit slips 7.6% as fee incomes fall

A rise in expenses meant net fee and commission income dropped by 4 per cent in the third quarter

Nakheel reports 39% net profit rise for first nine months of 2015

The developer said property handovers and strong performance by its retail, leasing and leisure businesses boosted profit

Abu Dhabi’s new financial freezone begins operations

Abu Dhabi Global Market will initially focus on sectors such as wealth management, asset management and private banking

Dell to hire extensively in Dubai as it expands Middle East presence

The company is increasing manpower within its healthcare, security and IoT businesses

Abu Dhabi court delivers final verdict on school bus death case

Three-year old Nizaha Ala’a suffocated to death after she fell asleep and remained locked inside a school bus in October 2014

Dubai Medical District inks deal with du to develop smart services

Du will create and establish infrastructure made of optical fiber in Dubai Medical District, in addition to improving the signal’s range

Marka to launch French jewellery brand dinh van in Dubai

House of dinh van is expected to open its first Dubai outlet in November at City Walk

Damac chief slams reports of oversupply in Dubai’s property market

False reports of oversupply are damaging market sentiment, says Damac managing director Ziad El Chaar

Almost 70% of UAE customers trust their banks

The UAE’s banking customers are five times more likely to say that their view of their banks has improved rather than worsened in the last six months

Dubai’s Drake and Scull wins Dhs 224m deal for hotel, mall expansion

The contractor did not specify the name of the mall or the hotel it is building