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Nakheel Awards Dhs59m Infrastructure Contract For Al Furjan

Dubai-based Ghantoot Road Contracting has won the contract to undertake infrastructure work in Al Furjan Phase 2.

Omani Hotel Guests in Dubai Rise 12% in H1 2014

Up to 163,000 visitors from Oman stayed in Dubai’s hotels during the first half of this year.

Nigerian Who Died In UAE May Have Shown Signs Consistent With Ebola

The 35-year-old woman was travelling to India from Nigeria via Abu Dhabi to seek treatment for advanced cancer.

Infertility Tops Treatment Procedures For Medical Tourists in Dubai

Other popular medical tourism procedures included cosmetic, dental, cardiac, and orthopaedic procedures, treatments or tests.

HTC Launches Affordable Models – Desire 516, Desire 616 In UAE

The 516 is priced at Dhs799, while the 616 retails for Dhs949.

Over 99% Of UAE Firms Comply With Midday Work Ban – Labour Ministry

Inspection by the ministry found that only 56 out of 44,835 establishments violated the ban.

MAF Says Phase 1 Of City Centre Me’aisem In Dubai To Open By 2015

The first phase of the new shopping mall – located in IMPZ – will feature 60 international outlets.

On The Fast Lane With The Boss Of Ferrari World Abu Dhabi

Jesse Vargas discusses how he is fast-tracking the growth of the world’s only Ferrari –branded theme park.

Fire Destroys Dubai Marina Restaurant Boat

Authorities are still investigating the cause of the blaze.

Emaar Says No Decision Yet On Timing Of Malls Unit IPO

The listing is expected to raise Dhs8-Dhs9 billion, making it one of the region’s largest equity offers since 2008.

New UAE Visa Rules Will Boost Cruise Tourism In Dubai – Official

Under the new ruling, cruise tourists can get a multiple entry tourism permit for Dhs200.

DIFC Investments Plans Sukuk Issue

Sources suggested that the new sukuk, if successful, would be used to refinance a $1 billion syndicated loan taken in May 2012.

UAE’s Air Traffic Slows Down In July

The decline in traffic was mainly due to the upgrade work at Dubai International Airport that lasted for 80 days, the UAE’s aviation authority said.

Abu Dhabi Airport’s Passenger Traffic grows 19% In H1

Passenger traffic at Abu Dhabi International airport is expected to be higher still in the second half of this year, an official said.

Etihad Cargo Launches Bespoke Services To Transport Horses

The new equine service, called SkyStables, is being rolled-out across Etihad Cargo’s network of 44 freighter destinations.

Gulf Investors Pour Dhs19bn Into Dubai’s Property Market In H1 2014

Emiratis accounted for the largest share of investment in Dubai’s real estate market- almost double the amount invested by other GCC nationals.

TAQA Ends Talks To Buy 50% Stake In Iraqi Kurdistan Power Plant

The Abu Dhabi-owned oil explorer and power supplier said that the project does not match the company’s growth strategy.

Ras Al Khaimah Sounds Out Banks For Syndicated Loan

The emirate also sent out requests for proposals for an Islamic bond deal in June.

Abu Dhabi’s TAQA Swings To Q2 Profit On Record Oil Production

TAQA reported a net profit of Dhs239 million ($65.1 million) for the second quarter compared with a loss of Dhs172 million a year earlier.

Abu Dhabi’s TAQA Says No Bond Issue Until 2017 At Earliest

The company said that it expects to pay 2016 maturities from improved operational cash flow and asset sales.

UAE’s Al Etihad Credit Bureau To Launch First Phase In September

The much-awaited bureau will begin to issue consumer credit reports to financial institutions next month, it said.

Dubai’s Damac Q2 Profit Up 18% As Property Sales Rise

The developer booked sales of $1.68 billion in the first half of 2014, up 75 per cent from a year earlier.

Emirates Signs $425m Loan For Two A380 Jumbo Jets

The Dubai-based carrier is the world’s largest operator of Airbus’ A380 jets.

Gulf’s International Schools Whip Up $6bn In Fees

The UAE had 439 international schools in the second quarter of 2014- the highest number of international schools in the region- up from 433 in the first quarter.

UAE’s Al Noor Profit Jumps On Outpatient Treatments

Net profit rose to $44.5 million on revenue up 25 per cent to $224.8 million, the company said.

UAE Warns Citizens To Avoid Travel To Afghanistan, South Sudan, Somalia

The ministry of foreign affairs issued the warning citing security concerns in the three countries.

UAE’s RAK Ceramics Posts Dhs150m H1 Net Profit

Total revenues generated during the first half of this year declined by 4.4 per cent to reach Dhs1.66 billion compared to the same period last year, the company said.

Dubai Tram Launches Trial Operations

The tramway project is slated to officially launch in November this year.

Etihad Cargo To Launch Services To Moscow

The freighter business of Abu Dhabi carrier Etihad will operate twice weekly services to the Russian capital from August 13.

UAE Online Job Postings Surge 26% Annually In July

The banking and finance sector saw the largest year-on-year growth in online job postings in July, according to Monster.com.