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If hit by data breach, UAE firms not compliant with GDPR could face fines of $23m

Ransomeware was found to be the biggest single threat, followed by phishing, data leakage and hacking

Upcoming mega mall Dubai Square ‘will not compete’ with Dubai Mall – CEO

The new shopping hub will have nearly double the gross leasable area of Dubai Mall

UAE’s new FDI law: What compensation will foreign investors get in dispute resolution?

The new law provides for alternative dispute resolution (ADR) and/or expedited local court process in the UAE

Up to 77% of UAE, Saudi Twitter users find the platform ‘trustworthy’

Users from the two countries depend extensively on Twitter for news, finds study

British woman dies after suffering heart attack in Dubai taxi

The woman is understood to have first fallen ill on her flight to Dubai

UAE announces Covid protocols for Eid Al Adha

UAE ministry announces private sector holiday for Prophet’s birthday

Workers will receive a three-day weekend later this month

Dubai Parks and Resorts may push back opening of Dhs2.6bn Six Flags theme park

The attraction has seen a surge in visitors this year but is undertaking a review of its expansion plans

UAE Central Bank foreign assets down $12bn in January

UAE Central Bank governor expects 4.2% GDP growth next year

“Things are starting to materialise, growth is there, liquidity is there,” he said

UAE announces public sector holiday for Prophet’s birthday

Government workers are set to get a three-day weekend

Dubai Fitness Challenge activities continue across five themed villages

The month-long event aims to get residents and citizens to commit to half an hour of physical activity each day

Emaar launches its ‘last’ residential project in Downtown Dubai

Burj Royale will offer views of the Burj Khalifa and Dubai Fountain

Dubai bank Emirates NBD launches API sandbox for fintechs

The platform consists of over 200 APIs and 900 end points covering retail, corporate and SMEs

Abu Dhabi’s Imkan says luxury villa project in Saadiyat on track for 2019 completion

The development is now 20 per cent complete

Video: Dubai police recover stolen Dhs300,000 diamond in less than a day

The precious gem was recovered in India

Abu Dhabi’s Etihad launches premium economy seats

By December 2018, Etihad will retrofit all its 10 Airbus A380s with the new ‘economy space’ seats

Dubai contractor Arabtec says refinancing process underway

The company has appointed Moelis & Co to advice and assist with debt financial modelling and structuring options

UAE private sector employment flat in October after declining for two months

Staff costs, linked to wages, were also largely unchanged

UAE law allowing 100% foreign ownership now in force

The law establishes ‘positive’ and ‘negative’ lists of sectors open to more than 49 per cent foreign investment

Oman reveals design of Dubai Expo 2020 pavilion

Many countries have revealed the designs of their pavilions for the six-month long event

Abu Dhabi’s ADNOC plans to increase oil production under $132bn plan

The emirate has approved Dhs486bn in capex to support ADNOC’s 2019-2023 growth plan

Dubai Arena facade work finished as venue prepares for 2019 opening

Dubai Arena will compete with existing events spaces including Dubai World Trade Centre and the Autism Rocks Arena

Ras Al Khaimah to reopen Jebel Jais Via Ferrata attraction this month

The 470 metre-long Jebel Jais Via Ferrata allows visitors to climb and trek almost 120 metres above sea level

UAE salaries increase 4.5% in 2018, 50% of companies planning to hire

Mercer said there was positive momentum in the market as most firms looked to hire or keep current staffing levels

The UAE’s next public holiday to fall later this month

Prophet Mohammad’s birthday is expected to fall on November 19 this year

RTA to build ‘unique’ four-sided footbridge at key junction in Dubai Marina

The bridge expected to be completed in December 2019

Anwar Gargash, Minister of State of Foreign Affairs

UAE blames Iran’s ‘aggressive policies’ for US sanctions

The US will reintroduce far-reaching sanctions on Iran’s oil sales and banking sectors on Monday

Dubai’s DEWA raises investment in mega solar park to reach Dhs16bn

The first stage of the project is due to be commissioned in late 2020

Abu Dhabi National Hotels in talks to buy Emaar’s hotel assets

Emaar is seeking to sell non-core assets, including its hotel portfolio

Abu Dhabi’s Al Maryah Central mall adds 40 brands, Macy’s and Bloomingdale’s pull out

The mall is scheduled to open in August next year

Residential property prices in Abu Dhabi down 8.3% in Q3

Rents were also down across the emirate in the third quarter, finds report