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UAE

Popular New York restaurant Serendipity 3 to open in Dubai

Two outlets will be opened at Dubai Festival City and The City Walk in December 2015

Exclusive interview: Science lead on the UAE’s Mission to Mars Sarah Amiri

Amiri discusses everything from the complexities of space and tourism beyond the earth to artificial intelligence and black holes

Harley Davidson opens fourth UAE store in Dubai Investment Park

The new 1,481 square metres facility is the second Harley Davidson outlet in Dubai

Dubai’s DEWA plans tender for 800 MW third phase of solar park

The tender for the project will be launched in the fourth quarter of 2015

Dubai ruler’s eldest son Sheikh Rashid dies of heart attack

Dubai ruler’s court has declared a three-day mourning and flags in all government institutions will be flown at half-mast

Arab solidarity, fear of Iran bring hi-tech Gulf troops to Yemen desert

Marib has become a key battlefield between Iranian-allied Houthi militia and a coalition of Yemenis and Emirati, Saudi and Bahraini troops

UAE financial officers fear skills shortage

Financiers are concerned their talent will be lured away by the “attractiveness” of Western markets, survey finds

UAE’s ENEC says first unit of nuclear plant 75% complete

The second unit at the Barakah plant is also 53 per cent complete following the installation of steam generators

Abu Dhabi state fund Mubadala reports 53.4% drop in first half net profit

Gains from financial investments failed to offset lower income from disposals and higher costs

Dubai ruler launches $3m Arab Reading Challenge project

The project will see over a million students committing to read 50 million extracurricular books during one academic year

Emirates NBD to offer banking services via Twitter

The service will allow customers to tweet the bank for enquiries about their current or savings account and credit cards

Dubai’s Juma Al Majid launches hospitality arm, takes over ex-Taj hotel

The former Taj Palace Hotel in Deira has now been renamed Jood Palace Hotel- Dubai

UAE car rental firm Massar launches pay as you drive app

New smart car app, available on Android and iOS, lets drivers pay only for the number of kilometres they use

Etihad Airways Partners to raise at least $500m via bond

Price guidance for the five-year bond was maintained in the area of 7 per cent

Buffet-backed fast food chain Dairy Queen in major UAE expansion

Over 20 outlets are planned across the UAE over the next four years

UAE retail chain LuLu expands into Indonesia, plans 15 outlets

The group plans to invest $300m in the first phase of expansion

Saudi-led coalition in Yemen sees victory “no matter what”

Yemeni forces and their Arab allies are fighting to oust the Houthis in a six-month war that has killed over 4,500 people

Nakheel signs contracts worth Dhs 2.4bn for Nad Al Sheba project

The Nad Al Sheba project, which includes 1500 villas and serviced residences, is slated for completion in early 2018

Different Arab money

GCC economies hit by oil price drop, to grow 3.4% in 2015

The UAE and Saudi Arabia have fared better than their GCC counterparts because of economic diversification, says report

UAE Armed Forces launch ground offensive in Yemen

An Emirati serviceman was killed during the operation, state news agency WAM reported

UAE bank FGB raises $1bn loan for general purposes

The three-year facility is structured as a bullet loan which means the principal will be repaid at the end of the term

New Filipino restaurant to open in Dubai

A survey found that less than 4 per cent of Filipino expats would pay up to Dhs 100 for a single meal

Abu Dhabi Ports sees 41% growth between Jan-July 2015

More than 772,000 TEUs containers were handled in the first seven months of 2015

Commercial Bank of Dubai shareholders reject $750m Tier 1 bond plan

The bank said last month that its board had proposed the Basel III compliant bond, subject to shareholder and regulatory approval

PR agency Edelman acquires Dubai-based DABO & Co

The transaction sees the launch of a new co-branded entity – Edelman DABO – with a combined client base of 50 entities

Dubai’s IMG theme park installs 69 dinosaurs, set for 2016 opening

IMG Worlds of Adventure is set to become the world’s largest multi-brand indoor theme park when it opens

Dubai Mall store is Bebe’s best selling unit globally

Bebe’s Dubai outlets continue to be successful mainly due to the price points offered to customers, an official said

Dubai eyes China for lucrative incentive tourism market

The emirate hosted the International Dragon Awards in August, welcoming about 5,700 attendees

Apple’s iPhone 6S, 6S Plus expected in UAE within a month

The prices are expected to be similar to that of the iPhone 6 and 6 Plus when they were launched last year

Dubai’s Union Properties seeks $123m loan to fund new project

The amount will be used to fund the 271-unit Oia residential project in the emirate