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UAE Central Bank Studying New Rules For Bank Lending Against Shares

The UAE has been looking to tighten regulations of its bourses ever since a steep fall in stock market earlier this year.

Stock News: Dubai Plunges 4.2% As Oil Hits New Low

The main Dubai index drop almost neared its July low as panicky retail investors began selling off.

UAE’s Bank of Sharjah Plans To Refinance $200m Loan In Q1 2015

The bank is yet to decide whether to raise the amount to $250 million and whether to extend the tenor on the new facility to three or four years.

Abu Dhabi-Based Falcon Aviation Begins Work On $80m VIP Completion Centre

The facility, situated in Dubai World Central, is scheduled to be completed by 2015, the company said.

Stock News: Dubai Leads Losses As Oil Drags Gulf Down

Brent crude oil fell more than $2 a barrel on Monday to a new five-year low.

UAE Aircraft Parts Maker Strata Predicts Revenue Jump, Plans Expansion

The company aims to create at least 600 jobs when it opens a second plant in 2017.

Pictures: Waldorf Astoria Dubai Unveils Luxurious Royal Suite

Waldorf Astoria Palm Jumeirah reveals the details of its royal suite, the largest in Dubai.

Chocolate Maker Mars Invests $60m To Expand Dubai Factory

The facility will now have a new production line for Snickers, and employ 50 additional people.

Abu Dhabi Sees Rental Growth Slowdown In First Nine Months Of 2014

Freehold residential rents rose by 2.7 per cent between Jan-Sept, compared to nine per cent during the same time in 2013.

Dubai Parks And Resorts says Dhs2.5bn IPO Many Times Oversubscribed

Dubai Parks and Resorts will list its shares on the Dubai Financial Market on Wednesday.

First Reactor Of UAE Nuclear Power Plant On Track For 2017 Start

The $20 billion Barakah project, funded by the Abu Dhabi government, is expected to provide 24 per cent of the UAE’s energy by 2020.

Qantas Flight From Dubai To Sydney Diverted To Perth After AC Fault

The aircraft descended from 39,000 to 10,000 feet in five minutes before landing safely in Perth.

Stock News: Gulf Markets Mixed, Oman Steadies

Dubai’s stock index edged down 0.5 per cent as most stocks declined in low-volume trading and heavyweight Emaar Properties fell 1.1 per cent.

Swiss Firm Comlux Orders Two Boeing BBJ Max 8s At MEBA In Dubai

Around 30 per cent of all BBJs in service are operated by Middle East customers.

UAE Extends Grace Period To Settle Labour Card Fines

All private firms in the UAE will now have an additional six months to settle their unpaid dues, which will be reduced to Dhs1,000 each for a card, a senior official said.

Woman Who Stabbed U.S. Teacher In UAE Was “Lone Terrorist” – Agency

WAM, quoting a security source, said that investigation of the woman showed that the “crimes she had committed are the result of a personal instigation and a lone terrorist act.”

US Defence Firm Lockheed Martin Opens New Innovation Centre In The UAE

The new innovation centre will help the industry to develop solutions that address challenges ranging from climate change to resource scarcity, and also help advance scientific discovery.

Dubai’s Shuaa Says Chairman Sheikh Maktoum To Step Down In Feb 2015

Sheikh Maktoum led the financial services firm for the last three years and helped turn it profitable again.

UAE’s Money Exchange Industry Faces Shake Out As Costs Rise

A total of $18 billion was remitted abroad from the UAE in 2013, mostly through the estimated 120 exchange firms.

Pictures: Sony’s Xperia Aquatech Store In Dubai

Gulf Business takes a tour of Sony’s submerged Xperia Aquatech store in Dubai, diving four metres underwater to see the ‘waterproof’ phones.

Dubai Urged To Focus On Sustainable Mobility Ahead Of Expo 2020

The city should provide innovative public transport options to residents and tourists, say experts.

Abu Dhabi-based Cristal Group Expands In Erbil And Saudi Arabia

The group is opening three new hotels in the Iraqi city of Erbil and a new hotel in Saudi Arabia, its chief executive said.

Dubai Confident Of Project Funding Despite Oil Plunge -Finance Chief

The government has enough headroom to fund its developmental projects through a healthy debt-equity mix, director-general of Dubai’s department of finance said.

Abu Dhabi Mall Murder Victim’s Ex-Husband Praises UAE’s Efforts

Paul Ryan says he is satisfied with the way the case was handled and is grateful for all the support offered.

UAE-Egypt Alliance Expands To Desert Wheat Venture

Within a couple of years, UAE companies plan to grow and sell several hundred thousand tonnes of wheat to the Cairo government.

Dubai Tram: Game Changer?

Will the Dubai Tram persuade more residents to switch to public transport and have a wider impact on the economy?

Will The Credit Bureau Ease UAE’s Personal Debt Troubles?

Credit reform is well underway in the UAE with the Al Etihad Credit Bureau becoming fully operational.

Video: Abu Dhabi Police Detain Suspect In Mall Murder

The suspect has been identified as a 38-year-old Emirati woman.

Nikki Beach Resort And Spa Dubai Targets Autumn 2015 Launch

Luxury lifestyle brand ends 10-year search and teams up with Meraas Holding

UAE Business Activity Growth In Nov Slows Sharply From Record High

The HSBC UAE Purchasing Managers’ Index fell to 58.3 points in November from 61.2 in October.