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Al Habtoor Chairman Backs Dubai Expo Win

Real estate veteran Khalaf Al Habtoor says Dubai will quash rivals in November.

Low-Cost Filipino Carrier Begins Dubai-Manila Services

The new service will offer the 500,000 Filipino expats in Dubai more travel options during peak periods.

Dubai’s Damac Launches Trump Estates For Akoya

The new scheme will house over 100 mansions and sit alongside an 18-hole PGA Championship golf course.

Different Arab money

GCC Markets Grow Due To Economic Diversification

The UAE is expected to grow strongly owing to the recovery of sectors like financial services and construction.

UAE’s Taqa Gets Approval For Kurdistan Oilfield Development

The TAQA-operated block is expected to initially produce around 30,000 barrels of oil per day.

Rents Rise 20% In Abu Dhabi As Relocation Takes Effect

Average sales prices have also gone up, but there’s no bubble in sight, says Asteco report.

UAE Announces Eid Al Adha Holidays

Private sector employees get three days off from October 14-16.

Abu Dhabi vs. DIFC: Battle Of The Freezones?

Will Abu Dhabi’s new financial zone look to rival its Dubai neighbour? Or will collaboration between the two be a wiser move for the region?

Cityscape Global 2013: What To Expect

This year’s event will cover more than 25,000 sq metres, an increase of 50 per cent on last year and Cityscape’s largest size in four years.

UAE Financial Heads Woo London’s City Bankers

Despite a lack of local knowledge, UAE financial heads are increasingly looking to recruit top tier talent from the UK.

Zaha Hadid To Design ME by Meliá Dubai

Strikingly designed hotel aims to open in the Burj Khalifa district in 2016.

Dubai To Build World’s Largest Man-Made Lagoon

The lagoon will be situated in Mohammed bin Rashid City’s District One community and will cover 40 hectares of land.

UAE’s Ajman Bank Sacks Chief Executive

Ajman Bank, one of the smaller lenders in UAE, announced it had hired Mohammed Zaqout as chief executive on April 8.

Eid Al Adha Confirmed To Start October 15

The Ministry of Labour is yet to announce how many days off private sector workers will be given.

Etihad Wins India Cabinet Approval For $330m Jet Stake

The deal had been delayed due to scrutiny by Indian regulators and also due to opposition from some politicians.

Dubai Aims To Be World Centre For Islamic Business

Dubai wants to become a top centre for the issuance and trading of Islamic bonds, aiming to rival the main hubs of Kuala Lumpur and London.

UAE Start-Up GlamBox Secures $1.36m Funding

The new financing will be used to speed up plans for regional expansion, with GlamBox hoping to deliver its first products to Saudi before the end of the year.

UAE Records Highest M&A Deal Value In The Region

Deal value in the third quarter touched $19.1billion, up 99 per cent compared to the same period last year.

Acer Launches Liquid Smartphones Range

Liquid S1 is deemed most corporate friendly phone as the 5.7-inch HD screen model has dual sim and wireless office features.

Dubai House Prices Heading For Correction

House prices in the emirate have climbed more than 22 per cent over the past year.

Dubai Unveils Dhs2bn Canal Project For Business Bay

The scheme will include a new shopping centre, four hotels and 450 restaurants as well as luxury housing and cycling paths.

Dubai Financial Market Soars 15% On Merger Hopes

Retail traders dumped some of their recent favourite shares in order to shift to DFM.

ME Funds Bullish On Saudi But Cautious On UAE

Investors have become less bullish on Dubai’s markets as they believe most of the stocks are now fully valued.

Dubai Property Transaction Fee Could Balance Market

The newly doubled fee will help level the balance between genuine buyers and speculators, experts say.

Dubai Knowledge Village Celebrates 10-Year Anniversary

Earlier this year DKV reported growth figures of 24 per cent thanks to the arrival of businesses from the education, human resources and recruitment sectors.

Nokia Lumia 1020 Skydives Into Dubai

The smart phone will go on sale to the Middle East public at Gitex Shopper in Dubai on October 5.

UAE Bucks Trend In Cost Of Global Cybercrime

A report by Symantec has revealed the average cost of cybercrime per person has risen 50 per cent in the rest of the world.

UAE Bourse Merger Gathers Steam As Advisers Hired

Talks on a tie-up between the Dubai Financial Market and the Abu Dhabi Securities Exchange have occurred on and off since 2010.

Dubai’s Property Prices Soar But Still Lower Than 2008

Dubai’s villa and apartment sale prices have recorded year-on-year growth of 26 per cent and 42 per respectively.

Rera Warns Real Estate Brokers Against Telemarketing

Real estate brokers found flouting the rule will be fined after Rera received repeated complaints from property owners and developers.