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Sharjah Islamic Bank Picks Banks For Sukuk Sale

The lender chose Abu Dhabi-based Al Hilal Bank, HSBC, Kuwait’s Liquidity Management House and Standard Chartered.

Leeds United’s Dubai-Based Owner Says Studying Investor Offers

GFH Capital is bringing in additional investors to develop the English soccer club.

Dubai Has Highest Fire Safety Standards In The World – Official

Despite official safety claims, 43 per cent of the UAE’s residents still say they have never taken part in a fire drill, finds new survey by Honeywell.

Emirates On The Lookout For Asia’s Qantas

The Dubai airline’s long-term strategy “embraces opportunity,” states Emirates president Tim Clark.

UAE’s Gulf Capital Sees Assets Doubling In Five Years

Gulf Capital owns stake in firms such as healthcare chain Techno Scan and water engineering firm Metito Holdings.

VIDEO: Emirates, Qantas A380s In Sydney Flyover

The tandem flight is believed to be the first time two commercial A380s have flown together in formation.

Emaar’s Alabbar Eyes New World’s Tallest Building

Emaar’s chief has located Asia as a possible location for a skyscraper to outreach the expected height of Kingdom Tower.

Dubai Holding Unit’s 2012 Profit Surges On Lower Impairments

DHCOG posted a net profit of Dhs1.2 billion ($326.71 million) for 2012, compared with profit of Dhs204 million in 2011.

Emirates NBD Lists $750 Bond On Nasdaq Dubai

The issue was three and a half times oversubscribed with more than 160 orders received from regional and international investors.

Stocks: Kuwait Recovers Intraday Losses; Dubai At Two Month Low

Dubai’s bourse fell 0.9 per cent to a fresh two-month low of 1,829 points.

UAE’s Dana Gas Receives $73.7m From Iraq And Egypt This Year

The company also said that it’s on track to complete its sukuk refinancing in the second quarter of the year.

Animal Kingdom Wins $10 Million Dubai World Cup

Last year’s winner Monterosso, from the Dubai Godolphin stable, was pulled out of the race earlier in the day.

10 UAE Start-Ups To Watch

Start-ups are sprouting up across the country and speedily gaining access to investor support.

Dubai Gears Up For Next, More Modest Boom

Authorities expect a 50 per cent population growth by 2020 but financing issues are likely to moderate the boom.

Dubai Airport Now Ranks As World’s Second Busiest

Dubai International Airport is now second only to London Heathrow after passenger traffic rose 13 per cent to 10.6 million in the first two months of 2013.

Damac’s Paramount Pictures Development Sells Out

Phase one of the serviced apartments are all gone with phase two to go on sale in April.

UAE Central Bank Agrees On Mortgage Caps

The bank has given initial approval to a proposal by the country’s commercial banks on setting limits for residential mortgage loans.

UAE President Sheikh Khalifa To Visit The UK Next Month

This is the UAE’s first state visit to the United Kingdom since 1989.

UAE Approves $400m Loan To Serbia, Eyes Airline Deal

Etihad airline may become a strategic partner of Belgrade’s loss-making JAT Airways.

UAE Man 11th Victim Of New Virus, Says WHO

Seventeen cases have been announced since the WHO issued an alert for the “novel Coronavirus” in September last year.

Dubai’s Deira City Centre Announces Dhs22m Redevelopment

New developments planned at the mall include easier Metro access and improved food court facilities.

Emirates-Qantas Deal Proves Dubai Airline Is “Big Power Broker”

The deal has just received conditional approval from Australia’s regulatory body.

Australian Regulator Gives Qantas-Emirates Alliance Conditional Approval

The Australian Competition and Consumer Commission said the airlines had to maintain at least their pre-alliance capacity on routes between Australia and New Zealand

Abercrombie & Fitch Joins Hollister In Dubai

The American fashion label will launch its first Middle East store in the emirate in 2014.

10 Facts About Dubai World Cup 2013

The world’s richest horse race will take place in Dubai on Saturday, March 30.

Former Deyaar CEO Shahin Sentenced To 15 Years In Dubai Prison

Zack Shahin has been convicted of embezzling Dhs30 million along with the three other men.

UAE’s Mulk Holdings To Build $10m Aluminium Plant In India

The facility is part of the company’s expansion strategy and is expected to generate over 2,000 jobs in India.

Dubai’s Atlantis Operator Kerzner Signs $145m Loan Refinancing

Kerzner sold its stake in Dubai’s Atlantis resort to state-owned Istithmar World for $250 million.

UK’s Taylor Woodrow JV Wins Dhs84m Abu Dhabi Airport Contract

A joint venture between Taylor Woodrow and Abu Dhabi contractor Fibrex will work on the airport’s expansion.

Dubai Airport Passenger Numbers Up 11.4% In February

The emirate’s airport handled 5.1 million passengers in February.