DUBAI, Sept 17 (Reuters) – Dubai-based Emaar Properties obtained a $1.5 billion corporate finance loan from First Abu Dhabi Bank, sources familiar with the matter said on Sunday. Emaar, which develops residential properties, hotels, entertainment and …
( read original story …)
Abu Dhabi proves a haven for humpback dolphins
Abu Dhabi: A survey has found that Abu Dhabi has the largest population of the Indian Ocean humpback dolphin. ‘Dolphin Survey’ conducted by the Environment Agency – Abu Dhabi (EAD) estimated that 701 Indian Ocean humpback dolphins and 1,834 Indo …
( read original story …)
Dubai opens world’s best youth centre
Dubai: Dubai has just added a new feather to its cap by opening the world’s best youth centre. His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai and His Highness Shaikh Mohammad Bin Zayed …
( read original story …)
Abu Dhabi has world’s largest population of humpback dolphins
Abu Dhabi has world’s largest population of Indian Ocean humpback dolphins. The Environment Agency – Abu Dhabi, EAD, through its ‘Dolphin Survey’, has estimated that 701 Indian Ocean humpback dolphins and 1,834 Indo-Pacific bottlenose dolphins …
( read original story …)
President loyalists clash with UAE-backed forces in Yemen
Yemeni security and medical officials say clashes between forces loyal to the country’s internationally recognized president and others backed by the United Arab Emirates have killed at least one and wounded four others, including civilians. Saturday’s …
( read original story …)
Dubai unveils plans for a FLOATING replica of Venice complete with gondolas, underwater rooms, opera and even the Piazza San Marco
However, developers in the Middle East beg to differ as they unveil plans to recreate the Italian city famous for its complex canals and gondolas with a replica version of itself in Dubai. The Floating Venice will be the world’s first five-star floating …
( read original story …)
Sharjah ruler on five-day visit to Kerala from Sept 24
Thiruvananthapuram: Sharjah’s Ruler and member of UAE’s Supreme Council, Dr. Sheikh Sultan bin Muhammad Al Qasimi, will arrive in Kerala on a five-day official visit starting September 24, an official statement here said. He will take part in meetings …
( read original story …)
Dubai property investors look to Expo 2020 as job losses detract from Cityscape buzz
:: The buzz that surrounded the three-day Cityscape Global property exhibition in Dubai this week belied a market still suffering from expat job losses and investor uncertainty. While property investors hope for an Expo 2020-related rebound, prices remain …
( read original story …)
Emirati legal drama ‘Justice’ premieres in the UAE
which depicts real-life court cases from the Abu Dhabi judiciary. Fatima Al Taei, who plays the ambitious lead character, Farah, a lawyer who is trying to make it on her own without her well-known lawyer father’s name, told Gulf News tabloid! that she …
( read original story …)
Schools must teach children how to swim, UAE parents feel
Dubai: It’s time to make swimming lessons or water safety a mandatory part of the school curriculum to prevent child deaths due to drowning, some parents and advocates said. Their reaction came following the death of four boys who drowned in a big water …
( read original story …)
Property buyers in Dubai need to do ‘due diligence’ on payment plans, says Damac
‘Loose’ payment plans offered by developers could end up hurting the Dubai real estate market, according to Damac Properties’ senior spokesperson, Niall McLoughlin. Speaking to Arabian Business at real estate show Cityscape Global, McLoughlin, senior …
( read original story …)
Faith and facts: You need both to buy UAE property
Investors weighing up their options in Dubai real estate are advised to focus on under-supplied properties offering the best real value rather than those made to stand out by the most creative marketing initiatives. Firas Al Msaddi, CEO of fäm Properties …
( read original story …)
Dubai property investors look to Expo as job losses detract from Cityscape buzz
DUBAI: The buzz that surrounded the three-day Cityscape Global property exhibition in Dubai this week belied a market still suffering from expat job losses and investor uncertainty. While property investors hope for an Expo 2020-related rebound, prices …
( read original story …)
Dubai Holding business manoeuvre will not affect SmartCity
Kochi: The major organizational restructuring at Dubai Holding amid speculation that the investment conglomerate would disassociate itself from all international projects would not have an adverse impact on SmartCity Kochi; a joint venture between Dubai …
( read original story …)
Dubai bets on Expo 2020 to boost property sector
DUBAI — Dubai’s glitzy property market, hit by a three-year downturn, is regaining momentum as the emirate prepares for its Expo 2020 trade fair, analysts and developers say. The six-month event, the first World Expo to be staged in the Middle East, is …
( read original story …)
Yemeni rebel leader threatens attacks on UAE territory
The leader of Yemen’s Shiite rebels threatened on Thursday to attack territory in the United Arab Emirates, a key member of a Saudi-led coalition fighting to defeat his Iranian-backed forces and restore an internationally recognized government. In a speech …
( read original story …)
Dubai to build world’s first underwater luxury resort in the image of Venice
Dubai, the glittering city of superlatives, has announced plans to build the world’s first underwater luxury resort, modeled after the mystical city of Venice. To be located 4km offshore from Dubai’s mainland, the US$680 million Floating Venice will …
( read original story …)