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Dubai Unlikely To Introduce Fees On Off Plan Sales – Expert

The government might not introduce any fees on off-plan property sales if the property market self corrects, an expert says.

Dubai’s Meraas Launches New Mixed-Use Project in Jumeirah

Spread across 9.5 million square feet, La Mer will feature commercial, leisure, residential and hospitality components.

LIVE: Updates From Cityscape 2014

All the latest news from the region’s biggest property event taking place in Dubai.

Dubai Bourse To Rise on Drake & Scull Contract Win

Stock markets around the world closed nearly flat on Friday but a major source of uncertainty is now gone after Scotland voted ‘No’.

Damac, Trump Plan New Golf Course In Dubai Within AKOYA Oxygen

The 18-hole championship-standard course, ‘Trump World Golf Club Dubai’, will include a club house, restaurants and pro shop.

Exclusive Interview: Emirates NBD CEO Shayne Nelson On Dubai’s Boom

Shayne Nelson says he is confident that the lender’s legacy problems are now finally over.

Dubai, The World’s Hospital?

The UAE’s amended visa policy is a step forward in Dubai’s goal of attracting 500,000 medical tourists per year by 2020.

Flexing For Success: Nitesh Seebran, COO, Gold’s Gym

Ever keen for a workout, COO Nitesh Seebran explains how he hopes to lift the Gold’s Gym brand to the top of the GCC fitness market.

UAE’s Ithmar Capital Picks Credit Suisse, Deutsche Bank For $436m Dubai IPO

The proceeds will be used to invest in healthcare and education assets, according to sources.

Etihad Airways To Raise $2bn In 2014 To Fund Stake Buys, Aircraft

The funds would be raised through loans, the airline’s chief financial officer confirmed.

Jet Airways Launches Fifth Daily Service Between Dubai And Mumbai

The airline will deploy a Boeing 737-800 aircraft to operate the new service, which will begin from October 14.

Property Developer Damac Buys Naming Rights For Dubai Metro Station

The agreement is a part of RTA’s naming rights project, which aims to raise revenue for the Dubai Metro through branding.

Abu Dhabi’s Mubadala Posts 23% Profit Rise On Higher JV Income

Income from Mubadala’s joint venture businesses doubled to Dhs2.12 billion, thanks to Emirates Global Aluminium and Dolphin Energy.

What To Expect From Cityscape Global 2014 In Dubai

This year’s edition of the property event promises huge stands and mega launches, and expects over 35,000 attendees.

Dubai Regulator Imposes Curbs On Local Espirito Santo Bank

ES Bankers (Dubai), part of Espirito Santo group, has been restricted from taking or paying deposits, and is required to maintain and preserve its assets, the DFSA said.

Indigo Properties To Launch Villa Project, Zen, In Dubai Golf City

The project will include retail areas, parks, jogging tracks, streams, meditation nooks and sunken pavilions.

Abu Dhabi’s Waha Capital To Buy Back Up To 10% Of Stock

Waha said the programme, approved by its board on Wednesday, would allow it to repurchase up to 194 million shares.

Emirates To Fly ‘One Off’ A380 To Tehran

Dubai carrier ponders regular double-decker services to Iranian capital

Dubai’s Seven Tides Launches Luxury Penthouses In Palm Jumeirah

The prices for the penthouse apartments range from Dhs20.5 million to Dhs40 million, the company said.

Emaar Says Shareholders To Get One Share In Malls IPO For Every 36 Held

Emaar is aiming to sell two billion shares in EMG, representing 15.4 per cent of the unit’s share capital.

Dubai Lender Mashreq Sets Sights On Egypt And Turkey, Says CEO

Mashreq also has no interest in any of Standard Chartered’s UAE operations, CEO Abdul Aziz al-Ghurair said on the sidelines of a company event in Dubai.

ENEC Says UAE’s First Nuclear Reactor Is 57% Complete

The first nuclear reactor is scheduled to enter commercial operations by 2017, the UAE’s nuclear agency said.

New Online Real Estate Auction Platform Launches In Dubai

Called eZayed, the platform allows for physical and online bidding on real estate.

Almost 17% Of UAE SMEs Increase Staff In Last 12 Months

Around 18 per cent of SMEs in the UAE have stepped up their exports to overseas markets while 26 per cent of them have expanded their domestic operations, a new survey says.

Etihad CEO Says Model Of Global Airline Alliances Is ‘Fractured’

The Gulf carrier plans to instead invest in equity stakes and codeshare deals to grow, said James Hogan.

Mall Of The World, Dubai Design District To Be Showcased At Cityscape

Major projects being developed by Dubai Holding and its units, Dubai Properties and Tecom Investment will be displayed during the upcoming property show.

New iPhone 6, iPhone 6 Plus Get Rave Reviews, Called “Excellent”, “Beautiful”

Apple launched the new phones on September 9, and they go on sale from September 19 onwards.

Stock News: Emaar Malls IPO May Temporarily Take Away More Money From Dubai

Emaar Properties said that institutional investors had fully subscribed to their tranche of the $1.58 billion IPO of EMG.

New UAE Rules Aim To Develop Local Currency Bond, Sukuk Markets

The Securities and Commodities Authority (SCA) has outlined rules to make it faster and cheaper for firms to issue conventional and Islamic bonds.

Abu Dhabi’s TDIC Launches Mega Residential Project In Saadiyat Island

The development will feature nine low-rise residential buildings including apartments and townhouses positioned in five clusters that are 250 metres long each.