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Etisalat’s Tanzania Telecoms Business Defaults On $96m Loan

Zanzibar Telecom, which uses the brand name Zantel, has struggled against larger rivals Vodacom and Bharti Airtel.

UAE Regulator Approves Samena’s Acquisition Of RAK Ceramics Stake

The regulator also granted Samena a waiver in relation to the price it was paying for the RAK Ceramics shares.

Drake & Scull Wins Dhs110m Contract For Abu Dhabi’s Plaza View

The Dubai-based contractor will provide MEP services for the Plaza View project, a mixed-use development.

Dubai’s DIFC Sets Up Dispute Settlement Authority

The move is in line with the UAE’s Vision 2021, which calls for an effective dispute settlement mechanism to attract more business to the region.

Nakheel Awards Dhs160m Construction Contract For Ibn Battuta Hotel

The 372-room hotel is part of the developer’s 28,000 square metre expansion of the Ibn Battuta mall complex.

Luxury Hotel Chain Bulgari Partners With Meraas To Debut In Dubai

The Bulgari Hotel, located off the coast of Jumeirah Beach Road, will comprise 100 rooms and suites.

DEWA Starts Work On Dhs170m Water Project

The project is intended to increase the quantity of water flow and ensure continuity of supply for current and future projects in Dubai.

Nakheel Awards Dhs1.2bn Construction Contract For Nakheel Mall

UAE contractors United Engineering Construction and Actco General Contracting Company win contract to build the new complex, located in Palm Jumeirah.

UAE Etisalat Picks Banks Ahead Of Potential Bond Issue – Statement

A separate document from lead arrangers showed Etisalat chose Deutsche Bank, Goldman Sachs, HSBC and Royal Bank of Scotland to arrange the offering.

Dubai Airports: Passenger Traffic Up, Runway Upgrade “Ahead Of Schedule”

Passenger traffic through Dubai’s main airport reached 6.16 million in April, the airport operator said.

Officials Declare UAE Hospitals As MERS Free

Most of MERS cases in the UAE were found in Abu Dhabi and Al Ain, according to official reports.

UAE’s Etisalat Sees Fixed-Line Telecom Competition By Year-End -Document

Etisalat and rival du have been unable to reach an agreement over network-sharing in the UAE despite beginning talks in 2009.

Dubai Sees Reduced Energy And Water Demand In 2013

Dubai’s annual per capita consumption of electricity and water fell to 15,346 KW and 40,777 gallons respectively in 2013.

Dubai Residents Feel Tremors, Officials Confirm Earthquake In Iran

Earthquake measuring 5.2 took place in Iran, tremors felt in the UAE.

Exclusive Interview: HE Helal Saeed Al Marri, Dubai’s Tourism Chief

The director general of DTCM reveals how he plans to make Dubai the world’s number one holiday spot.

Ex-Leeds Official Accused Of $6.45m Embezzlement In Dubai

Dubai-based GFH Capital, where David Haigh was previously the deputy CEO, said his arrest was not related to the Leeds sale.

Emirates Eyes A380 Vienna Services

If previous ‘one offs’ are an indicator, it may not be long before Austrian travellers fly on the airline’s A380s regularly.

Etisalat Given $500m By Abu Dhabi For Maroc Telecom Deal

Etisalat is 60 per cent owned by the United Arab Emirates.

Mumbai Tops List For UAE NRI Property Investors – Survey

Bangalore is also emerging as a property investment hotspot for Indian residents in the UAE, finds new survey.

UAE, Egypt Award Deals To Build Two Wheat Silos

The silos project is part of the UAE’s $4.9 billion aid package announced in October.

Abraaj Buys Stake In Thai Education Firm Amid Political Turmoil

Abraaj said it had bought a stake in out-of-school education provider KPN Academy, without disclosing the purchase price.

Kuwait’s NREC Appoints RTKL As Designer For Abu Dhabi’s Stalled Reem Mall

The $1 billion mall will consist of 450 stores and 85 restaurants.

Stock News: Emaar Unit Listing Plan Lifts Dubai

Emaar said on Monday it would list up to 25 per cent of its malls business on the Dubai Financial Market.

UK Firm To Build $505m Sharjah Faciliity

The project is set to become the world’s largest advanced thermal energy-from-waste facility.

Emaar To Sell 25% Of Malls Business On Dubai Bourse

The firm said it had received regulatory approval for the listing, which will take place on Dubai Financial Market (DFM).

Dubai Tops Global Travellers’ List For Shopping, Hotels – TripAdvisor

The emirate beat New York and London to emerge as the favourite destination in the world for shopping.

Etihad Launches Freighter Operations To Uganda’s Entebbe

The service is expected to carry large quantities of electronics and textiles to the Ugandan city.

Etisalat Scraps Buyout Offer To Maroc Telecom Minority Shareholders

Etisalat paid 4.14 billion euros ($5.7 billion) for Paris-listed Vivendi’s stake in Maroc Telecom.

UAE Businessman BR Shetty Buys Forex Firm Travelex

Dr. Shetty is the owner of money transfer service UAE Exchange, which has over six million customers in 30 countries.

UAE To Continue Political, Economic Support To Egypt After Poll

The UAE has welcomed Sisi’s rise and the army’s crackdown on the Muslim Brotherhood.