The total real estate investments last year reached AED 91 billion from 55,928 investors. Indian nationals ranked highest in terms of both volume and value among foreign investors with AED 12 billion worth of property transactions from 6,263 buyers.
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Dubai Aquarium’s otter pups make a splash
Dubai: Cuddlesome to the extreme, four baby otters, or pups as they are called, are the latest additions to Dubai Aquarium & Underwater Zoo’s happy flock. Spring time, which usually heralds the arrival of the little ones in the animal kingdom has …
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Dubai alerts children on home safety
Dubai: You may think your house is safe but with Dubai Municipality’s latest campaign, you will think twice. Authorities are targeting children in their latest campaign to alert them against the dangers hidden in their homes. The video shows how a …
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SRK must pay tax on notional rent from Dubai villa, rules ITAT
MUMBAI: Actor Shah Rukh Khan has to include notional rent from his Dubai villa in his income-tax return filed in India, the Income-tax Appellate Tribunal (ITAT) has ruled. Khan had submitted to the ITAT that under the India-UAE tax treaty, income from …
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Dubai Duty Free expects US$2 million sales hit from electronics ban
DUBAI: Dubai International Airport’s duty free operator estimates that it will lose about US$2 million (1.60 million pounds) in sales this year from the ban on carrying most electronic devices on United States-bound flights, a senior executive said on …
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Dubai Silicon Oasis opens electric vehicle charging stations for free
Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, today announced the launch of its new initiative that allows electric vehicle owners to use the charging stations on its …
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Dubai World Cup: Post 9 for Arrogate just fine with Baffert
Enjoy news and analysis from DRF? Get handicapping analysis, real-time coverage, special reports, and charts. Unlock access with DRF Plus. The post position draw for the five Group 1 races on the Dubai World Cup program was conducted midday Thursday at Meydan.
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Restaurant shocks Abu Dhabi inspectors
The Abu Dhabi Food Control Authority carried out a routine inspection in Chic Chicken Restaurant, and found that it failed to comply with the emirate’s health and safety code. The restaurant is located in the commercial area of Mussaffah in Abu Dhabi.
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Dubai Culture launches reading worker initiative
Dubai: Dubai Culture and Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has announced the launch of ‘Reading Worker’ — a new Dubai Public Library awareness initiative that highlights the importance of …
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World's most expensive burger sells for $10,000 in Dubai
Burger lovers lucky enough to attend the Eat Pink event at the Dubai Mall on March 14 certainly weren’t disappointed with the culinary creations. Known for its over-the-top dining and nightlife, Dubai is now also the home of a record-breaking burger that …
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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 …
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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 …
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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 …
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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.
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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 …
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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.
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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.
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