May 23, 2008
The administrative capital is Abu Dhabi; the commercial capital is Dubai. In China, there is Beijing and then there is Shanghai. In Germany, Frankfurt and Berlin. America, Washington DC and New York City. This “separation of powers” between cities is not a unique phenomenon.Investment in infrastructure is high onboth Abu Dhabi and Dubai’s to-do lists with new regulatory and executive authorities announced almost weekly, it seems. While it is Dubai’s local art scene that is thriving, it is Abu Dhabi’s Saadiyat Island ... Read More
May 18, 2008
WAM Abu Dhabi, May 18th, 2008 (WAM)– Tourism Development and Investment Company (TDIC), Abu Dhabi's leading tourism asset developer, is to build a 'Grade A' Accommodation village, complete with a wide range of recreation facilities at cost AED700 million.
"By building this village, TDIC is fulfilling its commitment to ensuring best practice delivery across every element of its operations," said Lee Tabler CEO of TDIC. "The company is also delivering on the promise of respect which ... Read More
May 15, 2008
Al Zorah, the master-planned AED220 billion coastal development launched in Ajman earlier this month announced pre-sales of around AED10 billion at Cityscape Abu Dhabi, representing the first wave of sales for Phase One of the project.The overwhelming interest in the project from the Al Zorah Development Company, a joint venture between the government of Ajman and Solidere International Limited,came during the two week pre-launch sales process which ended May 7th. Investment has been secured from regions including Asia, Europe, the Indian subcontinent ... Read More
May 12, 2008
The UAE real estate market is facing a massive shortage in residential units - and it will only get worse in the coming years, a property executive has warned.
Read more @ the Source: ArabianBusiness.com – UAE facing 300,000 housing shortfall by 2017 Read More
May 12, 2008
Roads and Transport Authority officials kept a tight lid on testing of its first Dubai Metro train amid one of its first mechanical trips Monday.Splashed in blue and silver paint, a five-car metro train set pulled out of the Jebel Ali Station this morning and made a cruising-speed run southward to the JAFZA Station. The Dubai Metro is set to officially open Sept. 9, 2009
SOURCE: Xpress: News - Track test starts for Dubai Metro. Read More
May 11, 2008
Bonyan International Investment Group on Saturday announced the launch of its ‘Eye of Ajman’ project, a 3.5 billion-dirham ($953 million) community development comprising residential, office, hospitality and retail plots within 20 minutes of Dubai.The development, located over 6.27 million square feet along Emirates Road in the Al-Hamidiyah area, is the Dubai firm’s first project in Ajman.With a number of plots designed to take the shape of a human eye, it will also house schools, hotels, a mosque, a clinic, health club and ... Read More
May 9, 2008
The National reported that a light rail network will be up and running in Abu Dhabi within 7 years, supported by a fast rail link between the capital and Dubai.Mr Falah Al Ahbabi GM of Urban Planning Council said that a predicted growth of population in the capital to more than 3 million meant could not be sustained on private cars alone, and that the city would have its own metro by 2015. He added that "We know the urgency of this ... Read More
Apr 23, 2008
With more than 30,000 square metres of exhibition space and over 300 exhibitors, organisers IIR Middle East say there is now a waiting list of potential exhibitors hoping for last-minute cancellations.
For the second successive year Cityscape Abu Dhabi is being held under the patronage of His Highness General Sheikh Mohammed bin Zayed Al Nahyan Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.
Cityscape Abu Dhabi, launched last year with the support of prominent government ministers ... Read More
Apr 5, 2008
The Crown Prince and Deputy Ruler of Ras Al Khaimah, has approved the list of 6,000 new names for the streets in Ras Al Khaimah .The renaming of streets is to replace the difficult names of many streets with easy ones and the new street numbering system would make it easier for people to reach their destinations. In the new system, the names of well-known streets would remain unchanged but others would get new names. Every building would have a number, along ... Read More
Apr 5, 2008
Some critics claim that the Gulf's property boom is nothing more than a mad, headlong race of one state trying to outdo another in extravagance. In the case of Doha, the capital of Qatar - until recently viewed as dull and dusty - that may well be true. Doha is now attempting to turn itself into the business and tourist heart of the Middle East, with enough glamour and glitz to rival neighbouring Dubai.Flush with money generated by the North Field, said ... Read More