Dubai harvests desert sun at vast solar plant

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 ...)

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 ...)

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 ...)

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 ...)