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Masdar consortium closes financing for 800MW third phase of Dubai solar park

The 800MW project is being financed under a sophisticated structure with seven different institutions

Saudi billionaire Prince Alwaleed, Daimler take part in $500m Careem funding round

Alwaleed’s Kingdom Holding will get a seat on Careem’s board

UAE’s Al Ghurair appoints former Dubai Holding executive as new group CEO

Alhaj is tasked with driving new levels of profitability

Abu Dhabi investigators foil attempt to steal $173m from UAE bank account

Nearly 40 Asian and European individuals have been arrested in connection with the crime

Abu Dhabi’s Etihad Airways to drop San Francisco route from October

The flight was already reduced from a daily service to three times a week

UAE announces Covid protocols for Eid Al Adha

UAE government says Eid Al Fitr holiday to begin on June 24

Government workers could receive as much as a week off for the Islamic holiday

Dubai’s Nakheel releases construction tender for Nad Al Sheba Mall

The mall is the centrepiece of the developer’s under-construction Nad Al Sheba community

Dubai’s Emirates considers equipping staff with AR goggles to improve service

“We could enhance customer service tremendously,” the airline’s chief digital officer said

Abu Dhabi’s Dana Gas gets injunction blocking claims on $700m sukuk

Dana announced on Tuesday that it had recently received legal advice that its Sukuk were not sharia-compliant

UAE says ‘no military component’ to actions against Qatar

Otaiba said the four nations are seeking a shift in Qatar’s behaviour through economic and political pressure

UAE envoy says Qatar should not be able to own Western landmarks while funding terror

Yousef Al Otaiba said Qatar should take “decisive action” to deal with its terror problem

Dubai tenants now required to attest Ejari for water and electricity activation

From July 1, tenants will have to visit one of 800 approved real estate offices across the emirate for Ejari attestation

Abu Dhabi’s Dana Gas sees shares soar after announcing $700m Sukuk restructuring

Dana proposed exchanging the Sukuk with new enforceable Shariah complaint instruments

Dubai taxi hailing app Careem expands into Palestine

The company said the launch was designed to support Palestine’s tech ecosystem

UAE’s Majid Al Futtaim signs franchise deal with homeware brand Maisons du Monde

The deal marks MAF’s further entry into the homeware category after signing a franchise deal with US brand Crate and Barrel

UAE midday work ban to begin this week

Violating companies will be fined Dhs5,000 ($1,361) per worker

UAE President orders early payment of salaries for Eid

All federal government workers, retirees and social welfare beneficaries will receive their salaries early for the Islamic holiday

DEWA awards Dhs58m deal for hydroelectric power station at Hatta Dam

The consultancy contract has been awarded to France’s EDF

‘Fake website’ claims to be UAE Arabic daily, publishes ‘false quotes’ – report

A website claiming to be Al Ittihad published quotes attributed to the Abu Dhabi Crown Prince

Dubai developer SKAI rebrands, launches Dhs2.1bn hospitality focused REIT

The real estate investment fund will initially will include Five Holdings’ Dhs4.3bn Viceroy Dubai Palm Jumeirah

Dubai’s private sector growth eases to seven-month low

Construction companies experienced the fastest improvement in business conditions

Dubai’s RTA paints roads red to indicate speed limit change

The move is being carried out on an experimental basis on the Oud Metha Street

UAE blacklist likely to squeeze liquidity of Qatari banks

Qatari banks have around QAR60bn in funding in the form of customer and interbank deposits from other GCC states

uae flag, UAE appoints Abu Dhabi Crown Prince’s son as chairman of State Security

New directive issued for Emiratis married to Qataris

Saudi, UAE and Bahrain ordered all Qataris to leave their countries within 14 days

Dubai’s new self driving strategy approved

The plan will see 25 per cent of all journeys in Dubai become self-driving journeys by 2030

Global leaders express concern as GCC dispute shows no let-up

Mixed messages from US officials have appeared to complicate the diplomacy

Dubai’s Emaar Hospitality CEO on why global expansion is the way ahead

The company is setting its sights on global markets using the strength of its Dubai base

Tips to keep health insurance costs down in the UAE

Health insurance premiums are rising strongly in the country

Emirati director Nayla Al Khaja calls for film fund to boost UAE cinema

Al Khaja says its important to generate support for the business side of the UAE’s film industry

UAE closes its airspace to planes from Doha, blocks Qatari websites

The website of Qatar Airways has now been blocked in the UAE