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Strong Demand Spurs Emaar To Launch Second Phase Of MBR City Project

The Dubai developer will launch for sale the second phase of luxury residences at Mulberry at Park Heights.

Dubai Silicon Oasis Authority Launches Dhs1.1bn Smart City Project

The project in Dubai will span an area of 150,000 square metres.

Emirates Starts Daily Boston Flights

The east coast city becomes the eighth destination in the carrier’s US network

UAE’s Arabtec Agrees $40 billion Housing Project With Egypt Army

The project will cover 160 million square meters across 13 sites in Egypt for lower income individuals, a statement said.

Dubai 2013 Trade Growth Slows But Iran Business Stabilises

The non-oil foreign trade of Dubai rose to Dhs1.329 trillion ($362 billion) in 2013, data from Dubai Customs revealed.

Apple’s iPhone 5, Samsung Galaxy S3 Remain UAE’s Popular Smartphones

The number of smartphones registered on the UAE’s networks rose by 10 per cent last year, according to official figures.

IFA Launches Dhs1bn Miami-Style Resort In Dubai’s Palm Jumeirah

The development will add around 300 units to Palm Jumeirah’s property inventory.

Dubai’s Competitive Advantage Will Not Last Forever – Experts

Dubai needs to diversify its sectors to weather future economic risks, according to experts.

Dubai’s Deyaar Plans $245m Residential, Hotel Complex

The project will comprise one residential tower and one tower of serviced apartments.

Dubai’s Rising House Prices Pose Economic Risk- Expert

Rising house prices could affect Dubai’s regional competitiveness, an expert has said.

Dubai’s Eco-friendly Mosque 85% Complete

The mosque will use LED lights, solar panels and energy saving taps to save energy.

CAPM Says Plans First IPO On Main Dubai Exchange In 5 Years

Around 55 percent of the company’s equity, or 275 million shares, will be offered to the public in the IPO at Dhs1 per share on the Dubai Financial Market, CAPM said.

Smoke Detected As Emirates Flight Lands In Dubai

Emirates confirmed a hydraulic brake fluid leak on the flight, which was travelling from Kuwait.

Dubai’s DMCC To Boost Islamic Commodity Trade With Tie-Ups

The DMCC partnered with global brokerage firm BGC Partners this week to promote the platform to a wider international trading community.

Drake & Scull’s German Unit Wins Two Indian Deals Worth Dhs50m

Passavant-Roediger, a German subsidiary of UAE-based Drake & Scull International, will undertake one project in Gujarat and one in Rajasthan.

First Gulf Bank To Set Up $1.07bn Sukuk In Malaysia

Funds from the programme will go toward expanding the bank’s day-to-day business.

Abu Dhabi Airport Reopens After Technical Problem

Etihad Airways said all flights into Abu Dhabi were temporarily diverted to other airports in the region.

UAE’s Telecom Regulator Warns Users Against Selling Telephone Numbers

The warning comes as Etisalat and Khalifa Foundation plan to auction VIP packages that would provide certain privileges to customers.

Fog Forces Abu Dhabi Flight Diversions

Technical failure forces Abu Dhabi flights to other regional airports

Dubai’s Ruler Unveils Strategy For ‘Smart City’ Initiative

The strategy includes 100 initiatives in transport, communications, infrastructure, electricity and urban planning.

Kuwait’s Emir Could Heal Gulf Rift With Qatar – Speaker

Saudi Arabia, Bahrain and the UAE said on Wednesday they were withdrawing their ambassadors from Qatar.

All EU Citizens To Get UAE Visa On Arrival From March 22

The UAE has passed a new ruling exempting citizens from 13 European member states from requiring a pre-entry visa.

Emaar To Open New Reel Cinemas Complex In Dubai Marina

The new cinema complex is located at ‘The Beach’, a retail destination being developed by Meraas Holding in Dubai Marina.

EFG-Hermes Sells Damas Stake To Mannai For $150m – Source

Mannai and EFG-Hermes took control of the jeweller in April 2012, with Mannai holding 66 per cent of Damas.

REVEALED: Top 10 Fastest Growing Luxury Property Markets

Dubai and Abu Dhabi feature among the top 10 global cities seeing a rise in luxury residential property prices, according to Knight Frank.

Saudi, UAE, Bahrain Withdraw Envoys From Qatar In Security Row

They accused Doha of not implementing an agreement among GCC countries not to interfere in each others’ internal affairs.

Dubai World Prepays $284.5m To Creditors – Sources

The conglomerate obtained money for the prepayment from asset sales.

Arabtec Unit Wins Dhs1.03bn Emaar Contract In Dubai

Under the deal, Arabtec Construction will build over 1,500 townhouses in Emaar’s Reem community.

Dubai Hotels’ Occupancy Rates Rise To 83% In January

New survey attributed the higher than average rates during the start of the year to the holiday season.

Sofitel Dubai Downtown To Open May 1

The city’s third Sofitel will have a strong artistic flavour