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Pictures: Sneak Peek Into Abu Dhabi’s Upcoming Yas Mall

Yas Mall, developed by Aldar, is set to open in November and will feature over 370 retail and F&B brands.

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UAE’s Waha Capital Sees Asset Growth With $500m Investment – CEO

Waha, which has a stake in New York-listed AerCap Holdings, had assets totalling Dhs6.5 billion ($1.8 billion) in June this year.

Dubai Islamic Bank May Boost Capital After Strong Loan Growth – CEO

The bank’s chief executive said there were a number of options available to boost its capital reserves but it would choose the cheapest way to boost the ratio at the time it chose to act.

Pictures: Dubai’s Upcoming Bollywood Theme Park

The Bollywood theme park, featuring five movie themed areas, is part of the upcoming Dubai Parks & Resorts project.

UAE Ranked 15th Top Expat Destination Globally, 10 Spots Below Bahrain, In New HSBC Survey

Switzerland, Singapore and China were ranked as the top three expat destinations worldwide.

Dubai Islamic Bank Q3 Net Profit Rises 55.7%

The bank made Dhs676.8 million of net profit attributable to the owners of the bank in the three months to September 30.

Abu Dhabi’s Aldar To Launch New Projects In Next 3-4 Months

The company’s new projects will mostly target mid-income buyers and tenants, CFO Greg Fewer said.

Stock News: UAE, Qatar Markets Rise On Earnings

Emirates NBD and Abu Dhabi Commercial Bank posted strong third quarter results.

Abu Dhabi Education Council Orders School Closure By 2015 After Girl’s Death

Al Worood Academy Private School will be shut down for grave negligence after a four-year pupil died after being left in a school bus.

Abu Dhabi Commercial Bank Posts 16.4% Q3 Net Profit Gain

The lender made a net profit attributable to equity holders of Dhs1.02 billion.

Emirates NBD Q3 Net Profit Doubles, Beats Forecasts

ENBD’s earnings have been given a lift in recent quarters by a resurgence in the Dubai economy.

EU Targets Ministers, UAE Firm In Latest Syria Sanctions

The moves were part of a gradual tightening of EU sanctions against the government of Syrian President Bashar al-Assad.

IKEA To Open Middle East’s Largest Distribution Centre In Dubai

The distribution centre is also IKEA Group’s first direct investment in the region and is scheduled for completion in September 2015.

Abu Dhabi Reports Progress In Louvre Museum Construction

A huge dome structure weighing 7,000 tonnes has been installed as part of the museum project.

Stock News: Qatar Edges Up On Q3 Results, UAE Bourses Mixed

Dubai’s benchmark edged down 0.4 per cent as shares in builder Arabtec Holding fell 2.6 per cent and Emaar Properties lost 0.6 per cent.

Etihad, Alitalia Unveil New Aircraft For Expo 2015

The airlines will fly two Airbus A330-200 aircraft with the Expo livery starting from October 21 between Rome and Abu Dhabi.

Abu Dhabi’s Waha Capital Gets Regulatory Nod For Share Buyback

Waha Capital has secured regulatory approval to buy back up to 10 per cent of its outstanding shares.

UAE Starts Process Of Building Arab Region’s First Mars Probe

The UAE Space Agency and the Emirates Institution for Advanced Science and Technology, EIAST, will develop the probe.

UAE Declares Islamic New Year Holiday For Private Sector

Islamic New Year is likely to fall on Friday, October 24 or Saturday, October 25.

Dubai’s Aramex Aiming For Two Acquisitions In 2015

Aramex founder Fadi Ghandour said plans are under way to acquire firms in the emerging markets of Africa, Asia and Turkey.

Cobone’s Recent Spin-Off, UAE Travel Site Triperna, Rebrands As Safarna

CEO Paul Kenny says the new name, which means ‘our travel’ in Arabic, better reflects the site’s offering and reach.

Dubai’s Mega Theme Park Complex To Include Sony Pictures Studio, Smurfs Zone

The new areas will be located in Motiongate Dubai, the Hollywood inspired theme park within the Dubai Parks & Resorts project.

Majid Al Futtaim Launches New Carrefour City Stores In Dubai

Carrefour City stores will cater to smaller neighbourhoods across Dubai and will offer convenient shopping options, Majid Al Futtaim said.

UAE’s First Gulf Bank Plans Bond Issue, To Establish China Office

The bank expects to post double-digit loan growth in the next 12 months, its CEO says.

UAE Launches Strategy To Become Most Innovative Country In Seven Years

The strategy will focus on bringing innovation into seven sectors namely renewable energy, transport, education, health, technology, water and space.

StanChart Readies To Close Thousands Of UAE Accounts

As part of a US settlement in August, the bank was given 90 days to end high-risk relationships with SMEs in the UAE.

Abu Dhabi’s Gulf Capital $750m Fund To Invest In 10-12 Firms

The company’s chief executive said that the fund is looking to invest in sectors such as power and water, oil and gas, healthcare and education.

Stock News: Markets Rebound As Global Bourses Rally On Earnings, Sentiment

Worries about weak earnings report on growth and business had sent Middle East bourses tumbling, with Dubai’s index down 13.6 per cent last week

Christie’s Launches Dubai Real Estate Unit – Targets Property Starting at $3 Million

Christie’s will not be taking an equity stake in the new affiliate but will provide marketing and PR support.

Dubai’s Marka Partners With Chef Heinz Beck To Launch New Restaurant

The restaurant is among the first of five food and beverage outlets that Marka is planning to open by next year.