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Dubai Duty Free Named World’s Largest Airport Retailer

Dubai’s airport retailer accounted for 5.19 per cent of global airport duty free business and almost three per cent of the wider duty free and global travel retail business.

Chinese Solar Firm To Set Up Dhs110m Facility In Dubai Silicon Oasis

Chang Zhou Almaden, which produces photovoltaic glass, will set up a 15,000 sqm manufacturing facility at the free zone.

UAE Says Isolates Passenger From Liberia For Ebola Checks

The passenger arrived in Dubai on a plane from Liberia, the ministry said.

Legoland Dubai To Feature 15,000 Lego Structures In Six Themed Areas

The new theme park, to be operated by Merlin, is coming up in Dubai Parks & Resorts.

Dubai’s Marka To Launch Four New Retail Brands At Meraas’ City Walk

The group will bring European brands such as Sonia by Sonia Rykiel, Berenice and Essential Antwerp to Dubai.

UAE Lender First Gulf Bank Sells 45% Stake In Brokerage

FGB, majority-owned by Abu Dhabi’s ruling family, signed an agreement with Integrated Financial Group.

Blackstone, Gulf Investors Buy Stake In UAE’s GEMS Education

Under the transaction, GEMS will be split into two entities, with the investing group buying a stake in the part of the business focussed on MENA and Asia.

Samsung Launches Flagship Galaxy Note 4, Note Edge And Gear S In UAE

The Note 4, priced at Dhs2,799, will be available from October 16, while the Note Edge will be launched later as a limited edition product.

UAE’s Amanat To Invest In Six Firms Post IPO

The company is looking to invest in the GCC’s healthcare and education sector, with a focus on the UAE and Saudi markets.

Flydubai Hires Seven Banks For Debut Sukuk – Sources

In February, a Flydubai official said that the firm is looking to raise funds through a bond issue and was considering a sukuk option.

Dubai’s Damac Expands Hotels Deal With Paramount

The new hotels and serviced residences will be launched over the next five years across Dubai, Abu Dhabi, Jeddah and Istanbul.

UAE’s Amanat Holdings Dubai Share Sale To Open Oct. 20

The offer period for the flotation, in which shares will be priced at Dhs1 each, will run until November 4, the company said in a statement.

Stock News: UAE Markets Rebound, Qatar Weakens

Dubai’s index added 1.2 per cent in a broad rally while Abu Dhabi edged up 0.2 per cent.

Al Noor Hospitals To Spend Up To $200m On Acquisitions In 2015

Al Noor has made three acquisitions in the UAE this year, including a cancer centre, and hopes to add further buys in the coming year, vice-chairman Kassem Alom said.

Swiss Airline Darwin Waters Down Etihad Deal To Get Green Light

Etihad has agreed to relinquish a role in the appointment of top executives at Darwin.

Swarovski, Tebyan Officially Launch Crystal-Themed Towers In Dubai

The project is expected to be completed by December 2016, the developer said in a statement.

Etihad Partners Air Berlin, Alitalia Sign Codeshare Deal

The airlines, both battling to return to profitability, said the codeshare deal would cover 412 flights between Italy, Germany, Austria and Switzerland.

Middle East’s Mega Refineries Up Diesel Output Just As Demand Fades

The IEA forecast that the Middle East’s net oil product exports will reach nearly one million barrels per day in 2015.

Dubai’s Godolphin Mourns Loss Of 2012 St Leger Winner Encke

The five-year old horse died after sustaining a hind limb injury during a routine exercise.

Etihad’s Revenues Grow 29% In Q3 2014

The boost in third quarter revenues was mainly due to rising passenger demand and cargo growth during the summer, the airline said in a statement.

Pictures: Dubai’s Burj Khalifa Opens World’s Highest Observation Deck

Called At the Top, Burj Khalifa SKY, the deck will be located at Level 148 and will include an outdoor terrace and a premium lounge.

Stock News: Gulf Markets Pull Back Again On Weak Global Lead

Dubai’s bourse dropped 1.2 per cent as most stocks pulled back while heavyweights such as Emaar Properties and Arabtec Holding fell slightly.

UAE Economy Ministry Says Falling Oil Prices Won’t Hurt 2014 GDP

The official said that the fall in oil prices will not deeply impact UAE’s GDP growth since the country is economically diversified with oil accounting for less than 30 per cent of the GDP.

Majority Of UAE Workers Say IT Security Policies Hinder Productivity

Around 20 per cent of the employees polled in the UAE said that IT security policies made it harder for them to do their job, a new survey shows.

Dubai’s Emaar Says Looks To Sell Land Plot, No Deal Yet

Emaar said the sale of the land, which is yet to be concluded, was in the “normal course of business”.

CDC Sees Low Ebola Risk In Passengers Pulled From Dubai Flight

Five passengers with flu-like symptoms were removed from the Emirates flight that arrived at Boston Airport on Monday.

Abu Dhabi Plans Single Mobile Platform For E-Govt Services By 2015

Currently around 30 public entities are offering their services on mobiles, a senior official confirmed.

Dubai To Offer Free WiFi At Its Public Parks And Beaches

The move is expected improve the ratings on the happiness index that was launched by Sheikh Mohammed earlier this week.

UAE Govt Approves Higher Federal Spending For 2015

The projected federal spending of Dhs49.1 billion is up from Dhs46 billion in the original budget for 2014.

Stock News: Saudi Arabia Shares Tumble, Dubai Extends Drop

Dubai plunged 6.7 per cent, Abu Dhabi slid 2.1 per cent and Qatar dropped 2.7 per cent.