We were pushing very hard to figure out the problem all along, and to finish in fourth place was really such a huge achievement for us,” Salim Al Rumaithi, Chairman, Team Abu Dhabi, told Gulf News. “This was a good race for us and an entirely different …
( read original story …)
Malaysia reaches $1.7b deal with Abu Dhabi over 1MDB debt
KUALA LUMPUR – Malaysia has reached agreement to pay Abu Dhabi about US$1.2 billion (S$1.7 billion … the Malaysian fund said in a separate statement quoted by Bloomberg News. “This arbitration settlement and monetisation of investment fund units …
( read original story …)
Malaysia’s 1MDB Reaches Settlement Deal With Abu Dhabi’s IPIC
KUALA LUMPUR (Reuters) – Malaysia’s state fund 1Malaysia Development Berhad (1MDB) said on Monday it had reached an agreement with Abu Dhabi state fund IPIC on the settlement of arbitration proceedings at the London Court of International Arbitration.
( read original story …)
UAE bans import of vegetables, fruits from select countries
Dubai: Fruits and vegetables exceeding maximum residue limits (MRL) of pesticides will be banned from importation into the UAE by May 15 to protect human health, officials said on Monday. The Ministry of Climate Change and Environment (MOCCAE) issued an …
( read original story …)
Damac Properties Dubai PSC : Mum and dad investors can buy rooms in new mega-hotel on Trump golf course
DUBAI, UAE – A 2,000 room hotel is to be built on the 55-million square foot estate which has as its focal point the Trump International Golf Club Dubai. The Dubai property market has been sliding for about 3 years now and developers are finding it hard to …
( read original story …)
Power failure plunges Dubai Mall into darkness for 90 minutes
Gulf News reader Klaudia Isabella described the scene inside the sprawling shopping complex: “Very calm, people are walking towards exits, shops are closed to enter. Mall starts getting empty. The power is still off.” Dubai mall blackout pic.twitter.com …
( read original story …)
Power failure plunges Dubai Mall into darkness
Gulf News reader Klaudia Isabella described the scene inside the sprawling shopping complex: “Very calm, people are walking towards exits, shops are closed to enter. Mall starts getting empty. The power is still off.” Dubai mall blackout pic.twitter.com …
( read original story …)
Holidays for the filthy rich: The villas in Dubai that might clean you out… they come with bathtubs worth $1MILLION
The much-anticipated XXII Carat villa complex on the celebrity-peppered Palm Jumeriah in Dubai boasts some of the most expensive bathrooms in the world. Set to open later in the year, each of the 22 properties comes complete with deep tubs carved out of …
( read original story …)
Dubai rents to continue dropping, but not for long
There has been talk of rents falling in Dubai for a while now, but many tenants say that they haven’t felt the benefit of the decline. According to CBRE (the world’s leading commercial property and real estate services adviser) the average rent in Dubai …
( read original story …)
Dubai state-backed DAE buys aircraft leasing firm AWAS
Aircraft leasing company Dubai Aerospace Enterprise has agreed to buy rival AWAS, more than tripling the size of its fleet. DAE said Monday it agreed to buy the Dublin-based company from funds managed by its shareholders, Terra Firma Capital Partners and …
( read original story …)
Travel News: Dubai is Booming
Dubai’s tourism sector sustained momentum in its strong start to 2017 with the emirate’s Department of Tourism and Commerce Marketing, known as Dubai Tourism, reporting a stellar 11 percent increase in overnight visitation in the first three months of …
( read original story …)
VIDEO: Dubai Police to launch crime prediction programme
Dubai’s Police force is ready for the future, as they announce plans for a special crime prediction programme. Over the weekend a video was uploaded to Dubai Police’s official Twitter and Instagram explaining that the General Head Quarters of Dubai …
( read original story …)
Does the Dubai Frame depict an ugly picture?
Blink and you’ll miss the next superlative project. One of its latest rising towers is the Dubai Frame — which quite literally looks like a giant, gold-plated picture frame. Located in Zabeel Park, it is expected to open later this year and attract nearly …
( read original story …)
Power failure reported at Dubai Mall
Dubai mall blackout pic.twitter.com/FsfFy8Czjl— Hussam (@_Hussam_ … It was not immediately clear what caused the power failure. Gulf News has contacted Emaar, the mall owner, but there’s no immediate reaction from the mall operator.
( read original story …)
Travel News: Travel Abu Dhabi: Arabian Travel Market
Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) is leading its largest ever delegation to the Arabian Travel Market (ATM) later this month to capitalise and increase on the record numbers of guest arrivals into the emirate. While there has been a …
( read original story …)
A holiday for the filthy rich: The villas in Dubai that might clean you out… they come with bathtubs worth $1MILLION
The much-anticipated XXII Carat villa complex on the celebrity-peppered Palm Jumeriah in Dubai boasts some of the most expensive bathrooms in the world. Set to open later in the year, each of the 22 properties comes complete with deep tubs carved out of …
( read original story …)
UAE most efficient in plugging water leaks
Dubai: The UAE has some of the most efficient freshwater infrastructure networks among Gulf countries to guard against costly leaks, according to a new white paper by global consulting firm Frost & Sullivan. Stopping leaks from underground water mains that …
( read original story …)