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Revealed: Top 10 Richest Arabs In The World

Saudi billionaire Prince Alwaleed tops the 2015 of the top 100 richest Arabs in the world as compiled by Forbes Middle East.

Emaar’s Egypt Unit Signals Chairman Role Change Ahead Of Float

There has been increased speculation that Mohamed Alabbar may leave Emaar due to his other commitments in the real estate sector.

Nshama Launches Apartments For Less Than Dhs350,000 In Town Square

The developer has launched 306 apartments including a mix of studio, one, two and three bedroom units in the initial phase.

Taj Dubai Set For April Launch

Located in the Downtown district,Taj Dubai is the Indian luxury operator’s second Dubai hotel.

UAE Joins Asian Infrastructure Investment Bank

The UAE follows a number of other Gulf countries such as Saudi Arabia, Kuwait, Oman and Qatar that have flocked to join the new Asian bank.

UAE Space Agency Visits NASA, Seeks US Partnership

The UAE is seeking to send the Arab region’s first unmanned mission to Mars by 2021.

Abu Dhabi Airports Names Board Member Al-Mazrouei As CEO

He replaces Tony Douglas, who joined Britain’s defence ministry (MoD).

Despite Gallery Delays, UAE Cements Status As Regional Art Hub

The UAE has been on an art-investing binge for three decades.

Luxury Developer Damac Opens Two New Hotel Apartments In Dubai

DAMAC Maison The Vogue and NAIA Breeze have a joint capacity of more than 500 suites.

Stock News: Dubai Leads Gulf Markets Up After Iran Nuclear Deal

The main Dubai stock index climbed 1.6 per cent in early trade on Sunday.

Dubai Developer Damac Considers London Tower Investment

The project in central London comprises 450 residential units as well as Grade A offices and retail space.

UAE March Non-Oil Business Growth Slows To 17-Month Low

Output growth dropped, while new order growth also slowed, found the HSBC UAE Purchasing Managers’ Index.

UAE Fighter Jets Launch Airstrikes In Yemen Following Death Of Saudi Soldier

UAE fighter jets struck a surface-to-air missile base and a radar site in Marib.

Abu Dhabi Industrial Group Senaat Posts 5% Profit Rise In 2014

Senaat’s revenue increased by 16 per cent to Dhs13.4 billion in 2014.

Arabtec Profit On Egypt Project Won’t Exceed 7.5%

The company agreed terms last week with Egypt for the first phase of a $36.7 billion plan to construct one million homes across the country.

UAE Banks Apply Lending Brakes

With oil prices down sharply from June 2014 levels, and economic growth lagging, lending in the UAE is anticipated to slow in 2015.

Is Dubai The Gulf’s New Creative Hub?

With swelling advertising budgets and projects such as the Dubai Design District, the emirate is pitching its creative credentials.

GCC Rail Project: Less Chug, More Sputter

Uncomfortably close to the 2018 completion date, the GCC rail project is swamped by delays and challenges.

Mohamed Alabbar to acquire stake in YNAP from Richemont

Emaar Chairman’s Outside Deals Stir Investor Unrest

Speculation persists that Mohamed Alabbar and Emaar could soon part ways despite a categorical denial from the firm last month.

Etihad Purchase Of Darwin Stake Gets Swiss Approval

The Abu Dhabi carrier agreed to buy a 33.3 per cent stake in Lugano, Switzerland-based Darwin at the start of 2014.

Arabtec, Egypt Agree Terms On First Phase Of One Million Homes Project

The first phase will consist of 100,000 units to be built in Egypt’s El Obour and Badr districts.

Emaar Launches Dubai Mall-Linked Apartments In Downtown

Downtown Views will have 418 residences and will feature one, two and three-bedroom apartments as well as a collection of duplexes.

UAE’s Mubadala 2014 Profit Drops On Investment Income, Provisions

The fund said in a statement it made a net profit of Dhs1.04 billion in 2014, down from Dhs1.45 billion in the previous year.

Video, Pictures: Sandstorm In UAE, Saudi Arabia

Air traffic disruptions have been confirmed in Dubai and parts of Saudi Arabia.

UAE Sandstorm Disrupts Air Traffic In Dubai, Abu Dhabi

Many flights coming into Dubai from South Asia, Iran and the GCC region have been delayed or cancelled.

Carrefour Signs Up As First Retailer For Upcoming Legends Mall In Dubailand

The 300,000 sqft mall, located within the Living Legends development, is set for completion by the end of 2016.

Dubai’s Budget Airline Flydubai Begins Chennai Flights

The carrier will operate three flights per week to Chennai.

Dubai’s DP World To Buy Canada’s Fairview Container Terminal For $457m

The terminal, in Prince Rupert, British Columbia, has a capacity of 850,000 twenty-foot equivalent unit (TEU).

UAE Companies Law Eases Flotations, Seeks More Investment

The law reduces the minimum “free float” of shares in company flotations on the UAE’s two main stock markets to 30 per cent from 55 per cent.

Stock News: Stronger Oil Supports Saudi; Hollywood Deal Lifts Dubai

Brent crude oil futures reversed early losses to rally to $55.50 barrel.