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Dubai’s Dnata Buys Majority Stake In UK-Based Holiday Firm

The company did not disclose the value of the deal or the exact size of the stake it purchased.

UAE Beat Iran To Win 2019 Asian Cup Hosting Rights

The UAE has staged events such as the 2009 and 2010 FIFA Club World Cups and the FIFA under-17 World Cup in 2013.

Show Us Proof: UAE Minister Hits Back In Airlines Subsidy Row

Sultan bin Saeed al-Mansouri said that the word subsidy is often misused and warned that it should not be used without sufficient proof.

Damac Launches Limited Edition Of Trump Luxury Villas In Akoya

Prices for Trump PRVT mansions will start at Dhs6.5 million.

UAE To Try Kuwaiti Ex-MP For Insulting Leaders

Mubarak Fahad Ali Fahad Al Duwailah is charged with accusing the UAE of being against the Sunni Islam school and for insulting the Gulf country’s leader.

Egypt’s Orascom Construction Shares Rise In NASDAQ Dubai Listing

Trading on the Cairo stock market is expected to begin on Wednesday, the company’s chief executive said.

Solar Impulse 2 Begins Round-The-World Flight From Abu Dhabi

The zero-fuel airplane is flying from the UAE capital to Oman in the first leg of its journey.

UAE Airlines Suspend Flights To Erbil On Security Woes

Emirates, flydubai and Etihad Airways have suspended flights to Erbil as ISIL destroys ancient cities in Iraq’s north.

Dubai’s Drydocks World Floats Second Debt Restructuring

The firm will ask creditors to amend the terms of its $2.3 billion restructuring deal originally signed in 2012, sources said.

Revealed: Western Publishing Editors In UAE Earn 82% More Than Asian Peers

Overall, salaries in the UAE have risen by 9.97 per cent year-on-year to around $11,224 per month, finds 2015 Gulf Business salary survey.

Saudi Arabia, UAE Among Top Five Defence Importers In 2014 – IHS

The Kingdom overtook India to become the world’s biggest weapons importer in 2014, research company IHS said.

Dubai’s Plans For Affordable Housing Will Help Market Mature – Cluttons

Rents in the emirate have surged more than 50 per cent in the last two years, prompting calls for affordable units in the market.

Chinese Firm Wins Dhs150m Contract For Falcon Island Project In RAK

China Harbour Engineering Company will carry out the marine and infrastructure works for the luxury project.

Louis Dreyfus Ships Big US Ethanol Cargo To Middle East

Dreyfus is sending about 280,000 barrels of ethanol from the Port of New York to Jebel Ali in the UAE.

Oil No More: The UAE Diversifies

The UAE is weaning itself away from oil and could be almost independent of it by 2021, say senior government officials.

Egypt Aims For Final Arabtec Housing Deal By Mid-March

Arabtec said last March that it had reached agreement with Egypt’s army to build a million homes at 13 locations around the country.

Fujairah Oil Storage Capacity May Rise 75% By 2020

The Fujairah port, which lies outside the Strait of Hormuz, a vital Gulf oil export route, has seen a boom in storage facility building since late 2009.

Etihad To Launch Daily Flights To Tehran From April

The carrier currently operates three flights a week between Abu Dhabi and the Iranian capital.

UAE Ranked Third In Global Muslim Travel Index

The Emirates was the top destination for Muslim tourists in the Middle East, which had five countries among the top 10 in the global list.

Emirates Airline President Plans Talks In Washington Over Subsidy Row

US carriers accuse Gulf airlines of receiving more than $40 billion in government subsidies since 2004.

Croatia Mulls Loan From UAE To Refinance Costly Debts

The loan could be worth around $2 billion and enable the EU member to refinance debt.

Sheikh Mohammed Launches Museum Of The Future In Dubai

The museum will produce futuristic inventions and support the UAE’s goals to be the most innovative country in the world.

Dubai’s Nakheel Says 90 Villa Units Delivered At Jumeirah Village Circle

The Jumeirah Village Circle villas project, launched in December 2013, sold for a combined value of Dhs275 million.

Emirates Says Has Had Extensive A380neo Discussions

Emirates has said it would look at placing an order for up to 200 A380neo jets to replace its current fleet and drive further expansion.

Analysis: Eurowings To Start Low-Cost Dubai Flights

How will Eurowings’ new low-cost Dubai services fare next winter?

UAE Warns Citizens Against Travel To India Over Swine Flu Fears

The ministry has urged Emiratis who are currently in India to avoid swine flu –affected areas.

Dubai’s Emaar Properties Proposes 15% Cash Dividend For 2014

The board recommended Dhs0.15 per share to shareholders, the same as the cash payout proposed for 2013.

Falcon Private Bank Eyes Acquisitions As Industry Consolidates

Abu Dhabi-owned Falcon said that it will be open to deals in core markets such as the Gulf, Eastern Europe, Africa and South East Asia.

Etihad To Start Daily A380 Service To New York From December 1

The Abu Dhabi carrier currently flies the jumbo jet to London, and will soon begin A380 services to Sydney.

Dubai’s Deyaar Awards Construction Contract For Atria Project

The contract was awarded to construction firm Al Rostamani Pegel.