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New Dubai Expo 2020 Logo To Be Unveiled On October 20

The new logo design will be selected from 18,000 entries received during a public competition.

Dubai Properties Launches Arabella Townhouses In Mudon Project

Sales of the three and four bedroom townhouses will begin on May 16.

UAE Announces Holiday For Isra’a Wal Miraj On May 16

Private sector employees who have a holiday on Saturday will not be given a compensatory day-off.

Dubai’s DP World Expected To Issue $500m Five-Year Bond

Barclays, Citigroup, Deutsche Bank, Emirates NBD Capital, HSBC, National Bank of Abu Dhabi and Societe Generale are arrangers for the bond issue.

UAE Passport Moves Up In Global Index Ranking After EU Visa Waiver

UAE nationals can now travel to 104 countries, pushing the country’s ranking on Arton Capital’s Passport Index to 31.

UAE’s Air Arabia Q1 Net Profit Up 9%, Misses Estimates

The airline carried 1.8 million passengers in the first quarter of 2015, up 10 per cent year-on-year.

Etihad Flight From Cairo To Abu Dhabi Diverted To Dubai For Security Reasons

Flight EY650, an Airbus A321, was carrying 128 passengers and seven crew from Cairo to Abu Dhabi.

Dubai Parks And Resorts Says 42% Of Project Infrastructure Completed

The theme park operator also said that it spent almost Dhs3 billion on the project in Q1 2015.

Abu Dhabi’s Aldar Launches Plots For Sale At Nareel Island

The Nareel development, designed for Emiratis, consists of two islands comprising 148 villa plots.

Dubai Metro Red Line Construction To Begin By Q1 2016

The contract for the project will be awarded on January 28, 2016, a senior RTA official said.

Will Gulf Carriers Triumph Over US Airlines In The Subsidy Row?

Dto Gulf airlines really get unfair assistance from their governments, or are US carriers looking to stifle the competition?

Abu Dhabi’s Property Market: Stable And Slowing

The emirate’s real estate is expected to stabilise this year, but the negative impact of lower oil prices could be felt in the longer term.

EFS Facilities Services Plans Dubai Listing For UAE Unit – CEO

Capital raised from the IPO will be used to expand the company’s waste management and mass accommodation services for workers on construction projects.

EU Visa Waiver Agreement For Emiratis Takes Effect

Officials from the European Union and the UAE signed the final agreement, validating visa free travel for Emiratis to the EU region.

Dubai World Central Signs Deals For Three New Hotels

The opening of Aloft, Studio M and Millennium will see the addition of around 1,300 new hotel rooms.

Dubai Among Top 5 ‘Most Improved Cities’ Since 2010 – JLL

The index identifies New York, London, Singapore, Paris and Hong Kong as the top five performing cities globally.

Dubai Falls In Global Luxury Property Price Rankings As Market Cools

Prime house prices in Dubai fell 1.1 per cent year-on-year in Q1 2015 while showing a 1.9 per quarter-on-quarter decline.

Emirates Airline 2014 Net Profit Jumps 40% On Lower Oil Price

The airline’s Chairman and CEO Sheikh Ahmed bin Saeed al-Maktoum said lower oil prices had saved Emirates around Dhs2 billion during the financial year.

UAE’s Tabreed Seeks Shareholder Nod for Dhs1bn Bond Buyback

Tabreed said the bond buyback will be financed through a new loan it secured during a debt refinancing last year.

UAE Reveals Details About Its Mars Mission

The unmanned probe, named Hope, will collect data that will help scientists learn about the atmosphere in Mars.

Dubai’s Arabtec Names New Chairman

Abu Dhabi businessman Mohamed Thani Murshed Ghannam al-Rumaithi was elected as the new chairman.

Sharjah Launches Dhs80m Leisure Island Project To Attract Tourists

The island will consist of a Butterfly House, a literature pavilion and art sculptures, the emirate’s agency said in a statement.

Dubai’s DP World To Start Benchmark USD Bond Meetings Thursday

Sources told Reuters last month that the firm could raise between $750 million and $1 billion from the senior unsecured Reg S/Rule 144A issue.

UAE Non-oil Business Growth Picks Up In April

Output, new orders and employment all rose more quickly during the month, with the output index climbing to 62.0 points from 60.7.

Rotana Plans Expansion Into Europe, London In Focus

The group is looking to open a hotel in London in order to attract GCC tourists travelling to the UK.

Gulf Countries To Create More Jobs In 2015 Despite Oil Price Fall

Qatar is expected to create the most number of jobs in the Gulf this year as it readies for the World Cup in 2022.

Hyatt To Launch New Brands In GCC, Expand Presence

At least nine new Hyatt-branded hotels are expected to open across the GCC by 2017A

Emirates: Working On “Point-By-Point” Rebuttal Of US Carriers Subsidy Report

The airline’s president Tim Clark states that its success is making Emirates a “scapegoat.”

Dubai Visitor Numbers Up 8.2% In 2014

New official report says a total of 13.2 million tourists visited Dubai last year.

UAE’s ADIB Q1 Profit Up 10.1% On Higher Revenues

ADIB made a net profit of Dhs450.8 million ($122.8 million) in the first quarter of 2015.