Dubai Developer Sobha To Hire 2,000 As Mega Project Takes Shape

Sobha, in a joint venture with Dubai’s Meydan, is currently developing the Dhs25 billion Mohammed Bin Rashid City – District One project.

Qatar National Bank Posts 14.3% Profit Jump

QNB posted a net profit of QAR2.4 billion for the three months to September 30

Dubai Lists First New Stock In Four Years, But No Trading

Bank of London and The Middle East, Britain’s largest stand-alone Islamic bank, was listed on Nasdaq Dubai

Abu Dhabi’s NBAD Plans Asia Push For Debt Markets Business

The bank arranged 20 debt issuances worth around $16.3 billion in 2012

Dubai’s Financial District Plans $4bn Expansion

DIFC Properties is looking for investors to develop about 10 million sq ft of property through joint ventures

Exclusive: Emaar’s Mohamed Alabbar Dismisses Property Bubble Fears

Emaar boss says the market is better regulated and current growth is sustainable.

Dubai Property Demand Creating A Seller’s Market

Driven by growth in Dubai’s property market, Middle East investors are looking to invest in real estate both globally and regionally.

Dubai’s Nakheel To Restart Work On Palm-Shaped Island – Sources

Palm Deira is likely to be renamed, one of the sources said.

Nakheel Announces Trio Of Waterfront Projects

A mixed-use development in Deira, a Boardwalk and a new beach at Palm Jumeirah will add to Nakheel’s portfolio.

First Picture: The Lagoons Masterplan

The mega-development will be spread over an area of six million square metres.

Meydan Releases 444 Serviced Apartments In Entisar Tower

New design details for 100-plus storey skyscraper revealed by real estate group at Cityscape Global.

Dubai Properties Group Proceeds With Creekside Culture Village

Dubai Properties Group will complete the Palazzo Versace Hotel and the D1 Residential Tower in 2014.

Flydubai Launches Business Class Services

Low-cost carrier charts new commercial flight path with launch of premium services today.

Dubai Apartment Rents Up 4.5% In Q3

The first half of the year saw Dubai’s residential market sustain positive growth across both the rental and sales sectors.

LIVE: Updates From Cityscape 2013 – Day One

Gulf Business brings you all the news from the region’s biggest property event.

Al Ain Rotana Opens Falaj Wing

Four buildings provide guests with more spacious accommodation and a spa.

Etihad Launching Los Angeles Flights Next Summer

Abu Dhabi carrier will compete with Emirates for origin and destination and transfer traffic

Saudi Hollandi Beats Forecasts With 37% Profit Jump

The Kingdom’s banks are benefiting from a robust economic backdrop.

Five Minutes With…Saygin Yalcin, founder, SellAnyCar.com

The used car market in the UAE is a $2 billion business and is growing by 15 per cent year on year, says Saygin Yalcin.

Dubai’s Nakheel World Agrees To Refund $24.3m To Developer

Nakheel World, part of Dubai World and separate to Nakheel, will repay the money to Saudi-owned Al Falak International.

Gulf States Ready To Invest In Egypt State Projects – Minister

Egypt’s cabinet has flagged a 120 billion Egyptian pound investment programme for this fiscal year.

Dubai’s Al Habtoor Group Launches $3bn Mega Development

The massive mixed-use project, called Al Habtoor City, will include three hotels and three residential blocks.

What Does $250 Million Buy? One Of Al Habtoor’s Uber-Luxe Penthouses

Eleven penthouses, including two VIP penthouses on levels 72 to 74, will offer the height of luxury living at the newly announced Al Habtoor City.

Dubai Holding, Emaar JV To Develop New Business District

‘The Lagoons’ will have a central business district, an entrepreneurial zone and retail units.

First Look Pictures: Al Habtoor City

The $3 billion development will offer more than 3,000 hotel and residential units on one plot, set to be completed by 2017.

Nakheel Posts 58% Nine Month Profit Hike

Nakheel made a net profit of Dhs1.77 billion in the nine months to September 30, versus Dhs1.12 billion in the corresponding period of 2012.

Logistics Tariffs Stifling E-Commerce In The Middle East

Aramex warns high tariffs are holding back online retail business in the region.

Hilton Opening DoubleTree Hotel In Masdar City

The 316-room DoubleTree by Hilton Abu Dhabi Masdar City will comply with the environmental ethos of Masdar and seek to secure the prestigious ‘Estidama 3-pearl’ rating

Gulf Capital To Launch $550m GCC Equity Fund

The fund will focus on investing in companies across the Gulf, mainly in the UAE and Saudi Arabia.

Al Habtoor Chairman Backs Dubai Expo Win

Real estate veteran Khalaf Al Habtoor says Dubai will quash rivals in November.