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Emaar Properties Mulls Listing Hotels Unit – Chairman

Emaar sold a 15.4 per cent stake in Emaar Malls Group (EMG) in an initial public offer last month, raising $1.6 billion.

Dubai Detectives To Get Google Glass Face-Recognition Technology

Software developed by Dubai police will enable a connection between the wearer of the glass and a database of wanted people.

Up to 40% Of UAE YouTube Users Come From Mobile

A study by Google found that 80 per cent of smartphone users in the UAE watch online videos on their devices.

Emirates President Says Asian Demand For Africa Flights Hit By Ebola

Emirates suspended flights to Guinea in August, but has continued flying to other affected destinations.

Dubai Bourse To See Further Listings By Year-End – Chairman

DFM chairman Essa Kazim said that the bourse expects to receive one more listing before the year-end.

Dubai’s Emaar Malls Group Jumps 20% On Listing

Emaar’s shares, which were sold at Dhs2.90 in the heavily oversubscribed IPO, rose to Dhs3.49 on the market.

Budget Airline AirAsia Considers Flying Into Dubai -Group CEO

The group’s chief executive said that he was not currently looking to set up an affiliate in Dubai, but it could be a possibility in the future.

Abu Dhabi Bourse Aims For Debt Trading Market With Govt Bond Listing

The introduction of debt listing and trading is expected to expand the exchange’s activities and make it easier for local companies to sell debt instruments.

Dubai Financial Regulator Seeks To Wind-Up Local Arm Of Espirito Santo

The Portuguese financial group’s problems have been escalating since accounting irregularities were identified at one of its holdings earlier this year.

Dubai Lender ENBD Raises Debut New Zealand Dollar Bond

The bond represents the cheapest five-year funding raised by Emirates NBD in the last six years.

UAE Consumers Not Concerned With iPhone 6 Plus Bending Issues

While ‘Bendgate’ may not have an impact, concerns that the phone does not have a “premium” feel may hamper UAE sales, says expert.

UAE Residents Prefer Luxury Experiences Over Goods-Study

The study noted that 33 per cent of the UAE residents expect to step up their luxury spending over the next few months.

Nakheel Awards Dhs120m Infrastructure Contract For Al Furjan To Dubai Firm

The contract is for work in Al Furjan Phase 2 and covers the construction of 16km of roads at the community.

National Bank Of Fujairah Launches New Islamic Unit

NBF Islamic will offer a series of retail banking products in the initial stage but the bank plans to diversify Islamic offerings.

Dubai Chamber Of Commerce Opens Ghana Office

The office adds to DCCI’s presence in the Ethiopian capital Addis Ababa.

Dubai World Agrees Restructuring With Largest Creditors

Under the new deal, the repayment date of the biggest chunk of debt under Dubai World’s $25 billion restructuring would be extended.

Revealed: Top Five Affordable Areas To Rent In Dubai

The areas that command the least residential rental rates in Dubai, as compiled by propertyfinder.ae.

Abu Dhabi’s TDIC Sells Out Phase 1 Of New Beachfront Project, Mamsha Al Saadiyat

The new mixed-use development is located in the Saadiyat Cultural District.

Emirates Starts A380 Dallas Flights

New daily A380 service to Texas city dovetails with Qantas’ new superjumbo flight from Sydney

dirhams

Dubai’s ICD Exploring Investment Opps With Africa’s Dangote

The statement follows the Investment Corporation of Dubai’s stake purchase in Dangote Cement in September for $300 million.

French Affordable Smartphone Player Wiko Launches In UAE

Wiko, which claims to be Europe’s fastest growing smartphone brand, has launched eight models in the UAE.

Germany Examines Etihad, Air Berlin Codeshare Plans

Air Berlin said that the authorities were trying to put a new spin on the provisions of an air transport deal between Germany and the UAE during the review of the airlines’ winter schedules.

UAE Firm Signs Deal To Build Egypt’s First Coal-Fired Power Plant

Al Nowais Investments, an Abu Dhabi-based private firm is leading a consortium to build Egypt’s first coal-fired power plant in the Suez area.

Dana Gas Signs Deal To Recover $280m Owed By Egypt

The company has had problems recovering payments in Egypt because of political turmoil and said in August that it was working with the Egyptian government to agree a new deal.

UAE’s TRA Warns Against Fake iPhone 6 Units

The regulators warnings come after a number of fake iPhone 6 handsets were confiscated from various locations across the UAE.

Etihad Rail Set To Launch Next Phase Of UAE Railway Network

The second phase of the UAE railway project, which at 628 kilometres is the longest of the three planned stages, is expected to be funded by the UAE federal government.

Emirates Signs 10-Year Management Deal With Angola Flag Carrier

Dubai carrier appoints senior managers but will provide no equity.

Mohammed Bin Rashid Foundation JV Launches Lifestyle Project In Dubai

As per the deal, MBRF will extend part of its land bank to newly launched developer Nshama to build an integrated community project at a central Dubai location.

State-Owned Dubai Development Seeks Merger, Acquisition Options

Listed on the DFM in 2007, the Dubai-based company was formed in 1975 to support the city’s residential development.

UAE’s Amanat Holdings To Open Dhs1.4bn Dubai Share Sale On Oct 20

Amanat will use the funds raised from the offering to establish companies in the healthcare and education sectors.