The pilot project is aimed at illuminating the beach areas after sunset so that authorities can consider allowing night swimming, Viktor Nelepa, the founder and CEO of the company, told Gulf News. Currently, Dubai Municipality and Dubai Police, the two …
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Dubai’s Next Huge Tourist Project: Artificial Islands
Dubai is pulling out all the stops to achieve its goal of hosting 20 million annual visitors by 2020. Citing state news agency WAM, Reuters reports the United Arab Emirates’ largest city is set to break ground on a $1.7 billion tourist project known as …
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Aldar Properties : Academies set to manage Adnoc schools
Under the terms of the agreement, Aldar Academies, a unit of Abu Dhabi-based developer Aldar Properties, will operate Adnoc’s schools in Sas Al Nakhl, Ruwais, Madinat Zayed and Ghayathi, beginning in September. The financial value of the agreement was …
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UAE says it sent military recruits to Yemen island for drill
UAE’s state-run WAM news agency on Monday night described the training on Socotra Island as “intensive,” saying it included battle skills, weapons training and first aid. UAE forces and aid organizations have been on Socotra Island, which sits near the …
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UAE A Model For New Oil Market Realities
The United Arab Emirates’ fiscal machine has adapted to the status quo of global oil markets, according to a new report by the International Monetary Fund (IMF) on Monday. The Gulf country is “adjusting well to the new oil market realities,” the IMF …
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Trump meets with crown prince of Abu Dhabi as he looks to Muslim world
WASHINGTON — President Trump greeted the crown prince of Abu Dhabi at the White House Monday, beginning a week that will mark a dramatic overture to the Muslim world. Trump meets with Turkish President Recep Tayyip Erdogan on Tuesday, and he departs …
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Abu Dhabi Investment group Mubadala to invest upto $15 billion in SoftBank Tech fund
Abu Dhabi’s Mubadala Investment Co. plans to invest as much as $15 billion in SoftBank Group Corp.’s Vision Fund and start two new venture capital funds to build its technology holdings. The SoftBank fund will be “wrapped up” in two to three weeks …
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The Dubai Property Market: An Overview Of Rental Opportunities
The Dubai property market is one of the most reliable in the world. According to the Dubai Land Department, the volume of investment in local real estate during the first half of 2016 reached $7.6bn. The great attractions for investors are economic …
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Global property bubble is ready to pop
Ever since interest rates were slashed to near zero in the wake of the financial crisis, the world has gone property mad. Residential house prices from Abu Dhabi to Zurich have spiralled as hot money travelled the world looking for a home. For those who …
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DAMAC predicts Dubai property supply rise as market turns corner
DUBAI May 15 DAMAC Properties expects around 11,000 to 12,000 residential properties to hit the Dubai market in 2017, a steady increase compared to the average over the last two years, the group’s chief finance officer said. Supply of such properties in …
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How to become a Muslim in UAE? Here are the guidelines
The Abu Dhabi eGovernment portal has listed out some guidelines as to how to become a Muslim. It is targeted at those considering Islam. Visitors and residents can easily embrace the Islamic faith in the UAE, and new Muslims are supported in a variety of ways.
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RPT-Dubai plans $1.7 bln tourist project on new artificial islands
Spanning 4 million square feet, Marsa Al Arab will be made up of two islands, one dedicated to entertainment and family tourism and the other featuring luxury villas and a private marina, state news agency WAM reported on Monday. Dubai is already one of …
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Dubai plans $1.7 billion tourist resort on new man-made islands
Spanning 4 million square feet, Marsa Al Arab will be made up of two islands, one dedicated to entertainment and family tourism and the other featuring luxury villas and a private marina, state news agency WAM reported on Monday. Dubai is already one of …
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DHCC, Swiss Property to develop wellness residences
Dubai Healthcare City (DHCC) said it has signed a partnership agreement with Swiss Property, a boutique real estate developer, to increase wellness residential capacity in the free zone’s Phase Two expansion at Al Jaddaf in Dubai, UAE. As per the …
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Dubai plans $1.7 billion tourist project on new artificial islands
Spanning 4 million square feet, Marsa Al Arab will be made up of two islands, one dedicated to entertainment and family tourism and the other featuring luxury villas and a private marina, state news agency WAM reported on Monday. Dubai is already one of …
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National Pavilion UAE exhibition opens at the 57th International Art Exhibition of the Venice Bien
The National Pavilion United Arab Emirates exhibition Rock, Paper, Scissors: Positions in Play opened yesterday at the 57 th International Art Exhibition la Biennale di Venezia. Curated by Hammad Nasar, the exhibition explores the concept of ‘playfulness …
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UAE Non-Oil Growth to Rebound This Year as Austerity Slows: IMF
DUBAI (Reuters) – Non-oil economic growth in the United Arab Emirates is set to rebound this year as austerity slows after a couple of years of tough belt-tightening due to low oil prices, a senior official of the International Monetary Fund said on Sunday …
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