Dubai (AFP) - Dubai on Monday completed a solar plant big enough to power 50,000 homes as part of a plan to generate three-quarters of its energy from renewables by 2050. The 200 megawatt plant sprawls over 4.5 square kilometres (1.73 square miles) of ... ( read original story ...)
Emirates president: 'Amazing' to suggest Dubai airport is not safe
Emirates President Tim Clark said Wednesday he believed the airline's home airport in Dubai was as safe as any other in Asia, Europe or the Americas. Speaking to CNNMoney a day after the U.S. banned passengers from bringing laptops and other large ... ( read original story ...)
Dubai Police rescue trapped motorists
Dubai: Dubai Police Search and Rescue teams rescued three motorists who were trapped in their vehicles in major accidents, Police said on Wednesday. Lt Col Ahmad Atiq Burqibah, deputy director of the Search and Rescue Department at the General Directorate ... ( read original story ...)
UAE will hold workshops to prepare businesses for the new tax system.
The UAE Ministry of Finance has launched the first phase of its awareness and education workshops that will prepare businesses for the new tax system that will be introduced by the end of this year, in the case of excise tax, and early next year for value ... ( read original story ...)
Value of UAE’s margin trading finance on bourses hits all-time high
ABU DHABI: The value of margin trading finance on UAE bourses hit Dh31 billion in January and February, an all-time-high since the inception of margin trading in 2008. The growth in the service’s financial value during the two months account for 37.3 per ... ( read original story ...)
Aldar Properties : to increase operational income to Dh2.2 billion by 2020
Abu Dhabi: Aldar Properties is planning to increase net operational income from Dh1.6 billion in 2016 to Dh2.2 billion in 2020, chairman of the company Abu Bakr Seddiq Al Khouri said at the company's annual general meeting in Abu Dhabi on Monday. ( read original story ...)
Aldar Properties : to further develop Yas, Reem
ABU DHABI - Aldar Properties PJSC, Abu Dhabi›s leading listed property development, investment and management company, announced Monday further details of its current investment program. This program will expand Aldar’s asset management portfolio ... ( read original story ...)
Aldar to invest $517m on Yas, Reem islands
The Abu Dhabi-listed Aldar Properties says it is to invest AED 1.9 billion ($517 million) in four new projects on Yas and Reem islands. The allocation of the recurring revenue on the projects completes a AED 3 billion investment programme, the developer said. ( read original story ...)
Mohammad launches UAE Centennial Plan 2071 to make UAE best in the world
Abu Dhabi: The UAE Centennial Plan 2071, which aims to make the UAE the best country in the world, was launched yesterday (Wednesday) by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. ( read original story ...)
Current slowdown good for banking sector: Al Ghurair
Dubai: The current slowdown in business is good for the banking sector and UAE banks would emerge strong from these challenges, said Abdul Aziz Al Ghurair, Chairman of UAE Banks Federation (UBF) at the meeting of the CEOs Advisory Council of UBF on Wednesday. ( read original story ...)