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UAE car rental firm Massar launches pay as you drive app

New smart car app, available on Android and iOS, lets drivers pay only for the number of kilometres they use

Etihad Airways Partners to raise at least $500m via bond

Price guidance for the five-year bond was maintained in the area of 7 per cent

Buffet-backed fast food chain Dairy Queen in major UAE expansion

Over 20 outlets are planned across the UAE over the next four years

UAE retail chain LuLu expands into Indonesia, plans 15 outlets

The group plans to invest $300m in the first phase of expansion

Saudi-led coalition in Yemen sees victory “no matter what”

Yemeni forces and their Arab allies are fighting to oust the Houthis in a six-month war that has killed over 4,500 people

Nakheel signs contracts worth Dhs 2.4bn for Nad Al Sheba project

The Nad Al Sheba project, which includes 1500 villas and serviced residences, is slated for completion in early 2018

Different Arab money

GCC economies hit by oil price drop, to grow 3.4% in 2015

The UAE and Saudi Arabia have fared better than their GCC counterparts because of economic diversification, says report

UAE Armed Forces launch ground offensive in Yemen

An Emirati serviceman was killed during the operation, state news agency WAM reported

UAE bank FGB raises $1bn loan for general purposes

The three-year facility is structured as a bullet loan which means the principal will be repaid at the end of the term

New Filipino restaurant to open in Dubai

A survey found that less than 4 per cent of Filipino expats would pay up to Dhs 100 for a single meal

Abu Dhabi Ports sees 41% growth between Jan-July 2015

More than 772,000 TEUs containers were handled in the first seven months of 2015

Commercial Bank of Dubai shareholders reject $750m Tier 1 bond plan

The bank said last month that its board had proposed the Basel III compliant bond, subject to shareholder and regulatory approval

PR agency Edelman acquires Dubai-based DABO & Co

The transaction sees the launch of a new co-branded entity – Edelman DABO – with a combined client base of 50 entities

Dubai’s IMG theme park installs 69 dinosaurs, set for 2016 opening

IMG Worlds of Adventure is set to become the world’s largest multi-brand indoor theme park when it opens

Dubai Mall store is Bebe’s best selling unit globally

Bebe’s Dubai outlets continue to be successful mainly due to the price points offered to customers, an official said

Dubai eyes China for lucrative incentive tourism market

The emirate hosted the International Dragon Awards in August, welcoming about 5,700 attendees

Apple’s iPhone 6S, 6S Plus expected in UAE within a month

The prices are expected to be similar to that of the iPhone 6 and 6 Plus when they were launched last year

Dubai’s Union Properties seeks $123m loan to fund new project

The amount will be used to fund the 271-unit Oia residential project in the emirate

Nakheel inks deal with UK’s Premier Inn for new Dragon City hotel

This is the developer’s second hotel in Dubai that will be managed by Premier Inn

UAE says over 100,000 Syrians given visas since 2011

More than 242,000 Syrian nationals currently live in the country

Etihad announces new baggage policy, cuts excess luggage fares

Under the new rules, customers are entitled to one, two, or three bags, depending on their fare choice and route

Jumeirah Golf Estates mulling the launch of second phase of AlAndalus residences

The second phase of the residential community will have larger townhouses, the chief executive of Jumeirah Golf Estates said

Dubai’s Nakheel says will complete most new projects in 3-5 years

The developer said property sales in Dubai were “as per expectations”

Sharjah Waterfront City to offer 100 freehold residential units

The project is the latest to offer freehold options in an effort to entice investors

Revealed: Winners At The Gulf Business Industry Awards 2015

A total of 26 awards – judged by an independent panel and public voting – were handed to the winners

UAE to begin restructuring crowded air space

Like road networks, air space is divided into corridors with only some space open for use by civilian traffic

Dubai South unveils plans for Dhs 25bn village concept

The development forms part of The Villages concept, urban centres aiming to bring key amenities within walking distance

Minor Hotel Group announces RAK Anantara resort

The resort is scheduled to open in 2018 with 225 keys planned

Al Zorah announces two new communities for Ajman development

The two communities will be part of the 5.4 million square feet Al Zorah master development

Burj2020 tower aims to be “diamond of Dubai” – Adrian Smith

Construction work on the tower is anticipated to begin next year