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Mohamed Alabbar to acquire stake in YNAP from Richemont

Emaar Plans Dubai, London Listing For Retail Unit

Dubai’s largest listed property developer has said it would list 25 per cent of its shopping malls and retail unit.

UAE To Assist In Search For Missing Malaysia Airlines Flight

Two search and rescue aircraft from the UAE’s Armed Forces will join the search for MH370, which vanished on March 8 with 239 people on board.

Jumeirah Group Signs Deal To Manage Luxury Apartments In China

Situated in an upscale hotel district in Guangzhou, the project is scheduled to open in 2015.

Etisalat’s Egyptian Unit Considers Stock Market Listing

The company said previous preparations for an IPO had been put on hold because of the political climate.

Emaar Launches BLVD Crescent, New Project In Downtown Dubai

The development features two towers and includes 300 residential units.

Coutts Exec Dugan Resigns To Join NBAD As CIO -Sources

Prior to joining Coutts, Dugan was CIO of Dubai’s Emirates NBD.

Dubai Emaar’s Retail Spin-Off Plan Won’t Affect Rating – S&P

Emaar’s strong reputation with investors for delivering projects, plus the fact it has collected healthy deposits on the off-plan developments, meant it was very cash-rich.

Dubai World Trade Centre Awards Dhs375m Deal To Al Futtaim Carillion

Under the contract, Al Futtaim Carillion will carry out the first phase delivery of the Dubai Trade Centre District project.

Majid Al Futtaim To Invest Dhs750m In VOX Cinemas Expansion

VOX plans to open five new cinemas in addition to its existing project pipeline.

UAE Sets Up New Medical Institute To Boost Healthcare Sector

The cabinet endorsed the establishment of the UAE National Institute for Medical Specialisations to improve training facilities in the country.

Dubai’s DME Signs Pact With Japan’s TOCOM To Develop Energy Contracts

The collaboration will help the bourses offer energy products such as liquefied natural gas and electricity.

Deyaar’s Newly Launched Atria Project Sold Out ‘Within Hours’

The project registered Dhs500 million in sales during the opening hours of the launch.

UAE, Abu Dhabi Extend $20bn Of Dubai Debt

The debt is being rolled over for five years at a one per cent annual interest rate, WAM said in an official statement.

Majority Of UAE Firms To Hire 10 Staff Over Next Three Months

Receptionists, accountants and human resource professionals are the most sought after groups among the employers in the UAE.

Damac Announces Sale Of Trump Estates In AKOYA Project

The project includes over 100 luxury villas, conceptualised by Donald Trump and his daughter Ivanka Trump.

Dubai’s Emaar Expects Listing Of Retail Unit Within Months -Chairman

Emaar is in the final stages of discussions with banks on the best way to conduct the listing, according to its chairman Mohammed Alabbar.

Abu Dhabi Executive Council Appoints First Female Member

Amal Al Qubaisi was also the first woman to be elected to the UAE’s Federal National Council in 2006.

Sotheby’s To Auction $1.5m Damien Hirst Artwork In Doha

The artwork, Tranquility, is also part of the auction house’s public exhibition in Dubai.

Dubai Approves Bridge To Link Mega Tourist Island Project

The Dh6 billion Bluewaters Island project will also be connected to the mainland via a monorail system and a footbridge.

Emaar Plans $2.5bn Listing Of Shopping Mall Unit

The proceeds “will be primarily distributed as dividend” to Emaar shareholders, the firm said.

Huge Housing Deal May Signal Gulf Investment Push Into Egypt

Dubai firm Arabtec has signed a $40 billion deal to build one million homes in Egypt.

GQ Bar Bosses: Promoting Gentlemen’s Culture In Dubai

The newly launched GQ Bar in Dubai is calling all gentlemen to experience a night they won’t forget, its owners tell Aarti Nagraj.

Building Bridges Between Japan And The UAE

Trade, energy and industry ties are dominating business and bilateral relations between the two countries, say experts.

RAK Properties Adds More Units To Flamingo Villa Community

Flamingo Villas, the flagship development of RAK Properties, was launched during Cityscape last year.

UAE’s ADCB To Buy Back Further Shares In 2014 – CEO

Abu Dhabi Commercial Bank bought back seven per cent of its shares last year after it secured approval for a 10 per cent buyback.

Pictures: Waldorf Astoria Hotel In Dubai’s Palm Jumeirah

The 319-room hotel marks the Hilton luxury brand’s first entry into Dubai.

Abu Dhabi Airports Signs Fuel Services Deal With ADNOC

Both the companies will jointly invest in a new fuel farm and a hydrant system that will enhance the fuel storage capacity of the airport.

UAE To Host 16 IPL Matches – BCCI

The UAE will host the first phase of the popular cricket tournament from April 16 to April 30.

Dubai Lynx Awards 2014 Winners Announced

Memac Ogilvy Dubai claimed agency of the year, while Ogilvy & Mather bagged network of the year award.

Dubai Islamic Bank Eyes Kenya, Indonesia For Expansion

The emirate’s largest sharia-compliant lender says it is entering a growth phase domestically and internationally.