Homeowners in Dubai need more incentives and fewer obstacles to encourage them to install solar rooftop panels, say experts. “We have to make it a lot easier,” said Simon Brennan of the solar contracting company SES Solar, speaking at an IHC sustainability …
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Dubai issues ban on disposable mobile chargers
The small and wireless portable chargers for both Android and iOS phones are branded as “Power Patch” and sold online through a website. Hussain Nasser Lootah, director general of Dubai Municipality has issued a decree banning these chargers that pose …
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Donald Trump Jr., Dubai business partner discuss ‘new ideas’
Donald Trump Jr. traveled to Dubai and met a billionaire business partner in the city-state, discussing “new ideas” as the Emirati’s real estate firm still lists possible plans for future joint projects while Trump’s father is in the White House.
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Evicted tenant is refusing to vacate Dubai property
My husband and I bought a property with a tenant living in it in July 2015. He is on a five-month rolling contract, as that was his time remaining from the previous owner. After a lot of backwards and forwards and underhanded tactics from his side, we …
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Dubai Real Estate Report
Damac Properties, a pioneering property developer in the Mideast has recorded a net profit of USD240mn for the first quarter of this year, marking net margins of 45 percent. Additionally, the developer posted profits of Dh1.95bn, with gross profit margins …
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Dubai property: returns on the up
The property market in Dubai is on the up due to an increase in projects throughout the sector. The Dubai Land Department has revealed that the volume of investment in local real estate during the first half of 2016 reached $7.6 billion. As well as …
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How family businesses helped build the UAE
In 1942, when 18-year-old Maghanmal Jethanand Pancholia landed in Sharjah, he was already the third generation to join his family business in what would later become the UAE. Now 94, he recalls that his grandfather arrived in the Trucial States in 1860 in …
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UAEJJF Announces Abu Dhabi Grand Slam Jiu-Jitsu World Tour Season 3
Abu Dhabi, UAE, 17th May, 2017: The UAE Jiu-jitsu Federation® (UAEJJF), the official authority for the sport of jiu-jitsu in the United Arab Emirates, announces the return of the most prestigious jiu-jitsu world tour: Abu Dhabi Grand Slam® Jiu-Jitsu …
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UAE dirham celebrates 44 years in circulation
Dubai: As the UAE dirham marks its 44th birthday on May 19, the currency continues to celebrate the seven emirates after undergoing several transformations. First released in 1973, the banknotes began their journey in denominations of 1, 5, 10, 50 and 100 …
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UAE successfully teaching tolerance: Al Zaabi
Geneva: The UAE has been instrumental in integrating values of tolerance and cohesion in its educational system, said Obaid Salem Al Zaabi, UAE’s Permanent Representative to the UN and other international organisations in Geneva. Ambassador Al Zaabi said …
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DUBAI NEWS: 4 of our top stories this week
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has just announced the launch of a new project, Marsa Al Arab. The mega-project will consist of two islands – one of which will be …
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Dubai firm dreams of harvesting icebergs for water
A Dubai firm’s dream of towing icebergs from the Antarctic to the Arabian Peninsula could face some titanic obstacles. Where many see the crumbling polar ice caps as a distressing sign of global warming, the National Advisor Bureau Limited sees it as a …
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Dubai is building two new man-made islands worth $2.3 billion to attract families and rich tourists
when Dubai will host the World Expo 2020 exhibition. Spanning four 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 …
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Now, ‘smart poles’ to light up Dubai beaches at night
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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Second UAE REIT launches with Apex as Administrator
It is only the second ever REIT to be listed in the UAE and was the first IPO in the UAE this year. Tim Rose, Head of Real Estate at Emirates NBD Asset Management, said, “Following the successful IPO of ENBD REIT on Nasdaq Dubai, we are pleased to have …
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Saudi Aramco IPO part of Kingdom’s diversification plan
and Dubai (UAE), which established itself as a trade, banking and media hub. At the center of Saudi Arabia’s economic transformation is the IPO (Initial Public Offering) of Saudi Aramco, the state owned oil company and its crown jewel. The Saudi …
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