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UAE

DEWA’s new HQ to be world’s ‘largest and smartest net zero energy building’

The building will power itself and features robots, a dedicated app and other smart technologies

RTA to launch nine new marine stations at Dubai Canal, Business Bay

Ferry services to the new stations will launch the day after the opening of the Dubai Canal

Eureeca obtains DIFC’s first equity crowdfunding licence

The company said it was the region’s first licensed equity crowdfunding platform

Economic slowdown continues to hit Abu Dhabi rents in Q3

Businesses and residents are shifting towards more affordable options, CBRE said

VAT in the UAE: Who will feel the biggest pinch?

Value added tax is coming to the UAE. Is the country prepared for it?

Sotheby’s set to launch its first UAE store in Dubai this year

Sotheby’s, which has offices in Doha, Istanbul, Egypt and Mumbai, has begun hiring staff for its office in Dubai

Dubai reveals new public parking rates for commercial areas

UAE non-oil business activity slows for third straight month

PMI points to little new work and near stagnation in employment in October

Dubai businessman Abdul Wahid Al Rostamani passes away

AW Rostamani Group said its offices and showrooms would remain closed today

Dubai testing drone detectors after several airport incursions

Operations at Dubai’s main airport were halted for an hour on October 29

Abu Dhabi’s Supreme Petroleum Council approves ADNOC strategy

The strategy includes a 400,000 bpd oil production increase by 2018

UAE begins manufacturing of Mars probe prototypes

The country is planning to send a probe to the red planet in 2020 to coincide with its 50th anniversary

Damac awards $150.8m Paramount residences contract to China Construction

The deal will cover 27 floors of luxury residences

Nearly half of Dubai outlets to stop selling shawarmas

Municipality inspections revealed many outlets were not abiding by new preparation rules

Jumeirah to shut down Dubai’s Tokyo@theTowers restaurant

The company said the new project was part of an innovation plan for Emirates Towers Boulevard

Emirates calls for action after “millions of dirhams” lost due to Dubai drone disruption

Airspace around Dubai International has been closed in three separate incidents since June

Dubai selects HSBC to advise on $3bn airport financing

The financing is designed the enable Dubai International and Al Maktoum International to serve up to 146 million passengers by 2025

UAE has ‘no plans’ to introduce income tax, says ministry

Projects in latest budget will not rely on new taxes or additional fees, finance ministry says

Classical music festival the BBC Proms announces Dubai dates

The festival will mark the first visit of the BBC Symphony Orchestra and BBC Singers to the UAE

UAE telco du’s profit falls again in Q3

The firm reported declining profits in the preceding seven quarters

Sharjah Chamber buys ruler’s wife’s jacket for $120,000 in charity auction

The jacket raised the largest sum of money for a single item at the Jeans for Refugees auction

Dubai’s Nakheel adds rooftop pool club to upcoming Circle Mall

The mall is one of two Nakheel is developing in Jumeirah Village Circle and Triangle

Dubai’s Aramex Q3 net profit down 3%, Australia Post CEO becomes board member

CEO Hussein Hachem said the company was cautious in its outlook “due to global economic uncertainties”

Saudi police foil ISIL plot to bomb UAE football match

ISIL leader Abu Bakr Al Baghdadi has called for attacks against Saudi Arabia

UAE Cabinet confirms 2017 and five-year budget

The budget includes Dhs2bn to support government innovation through the establishment of the Sheikh Mohammed bin Rashid Al Maktoum Fund to Finance Innovation

Dubai’s Emirates to start world’s shortest A380 flight

Double-decker aircraft services to Doha from December 1 will mark a new brevity record

UAE fuel prices up again in November

Drivers can expect price increases of roughly 5 per cent of more next month

Dubai Taxi announces Ladies Limo service with Careem

Announcement follows RTA and Careem booking deal

Iraqi MP arrested in Dubai over Dhs7m bounced cheque

Prosecutors are still deciding whether to press charges against Arab TV owner and Basra MP

Dubai and Sharjah International disrupted by drone activity

Dubai International was also forced to close for roughly half an hour last month due to drone activity

Pure Harvest plans UAE tomato farm after $1.1m Shorooq investment

The company said its climate-controlled growing system can be used to grow fruit and veg year-round in the Gulf