June 11, 2013 · Leave a Comment.........
Here are the top stories on Dubai Chronicle on June 11, 2013. To read the complete articles, click on the bolded headlines.
Apple unveiled a new version of Mac OS X operating system that will be called Mavericks and released later this year. [...]
June 10, 2013 · 1 Comment
Construction works on Dubai Creek Harbour, previously known as The Lagoon, will be soon restarted. The ambitious project will include seven islands, residential units and office buildings, as well as many attractions. However, the highlight of Dubai Creek Harbour is expected to be a tower with a height of over 1,000 meters.
After about three years of a standstill, the Dubai Creek Harbour is finally showing signs of life. Emaar Properties shared that it is now into the final stages of its talks with Dubai Holding for the construction of the project. Formerly referred to as The Lagoon, the development will occupy an area of around 6.5 million square meters. In addition, the urban district will be located at Ras Al Khor near Dubai Creek.
Dubai Creek Harbour is said to include seven islands consisting of shopping centres, marinas, office buildings, residential units, as well as educational, sporting, technology, healthcare, entertainment and commercial attractions.
A major part of the project is reported to be a record-breaking tower. With its height of more than 1,000 meters, the tower will not only be taller than Dubai’s Burj Khalifa, but it will also challenge Saudi Arabia’s Kingdom Tower which is currently under construction. Once completed, the Kingdom Tower will be a little taller than 1,000 meters.
The estimated cost of Dubai Creek Harbour amounts to AED64 billion or nearly $17.5 billion. In addition, the buildings in the project will be constructed around a number of green boulevards and lagoons.
The Dubai Creek Harbour project was frozen around three years ago. The reason was the global financial crisis which, at that that time, was reaching its peak. However, the developers behind the project are now keen to see it through since it will further strengthen Dubai’s reputation as a hub for culture, art, family entertainment, tourism and luxurious lifestyle.
June 10, 2013 · Leave a Comment.........
Middle Eastern Fashion Industry Needs to Go Back to Its Roots, Experts Say
There is no doubt that the Middle East is a unique region that has its own traditions, culture and charm. The originality of the people who inhabit this part of the world shines in everything they do, as well as in everything they are. The same goes for the fashion industry in the Middle East. It has its own characteristics and trademarks that can be imitated but never replicated. However, lately, the region is commonly linked to clichéd in design and style, such as the heavy makeup look.
This was the topic of one of the panel discussions during the first edition of Dubai’s Fashion Forward this year. During the four-day event spoke many well-known personalities in the fashion world, like designer Rabih Kayrouz and fashion editor Lousie Nichol.
According to Louise Nichol, Editor-In-Chief for Harper’s Bazaar Arabia, the truth is that the Middle East and Dubai, in particular, is no longer what it used to be a decade ago. Nichols believes that there is a new generation of fashion followers in the region who are more open to mix and combine a variety of styles. Nevertheless, she adds that glamour and beauty are always present in Middle East’s fashion: “Glamour defines the Middle Eastern fashion, together with beauty. For a magazine editor it is a joy to work in this market.”
June 10, 2013 · Leave a Comment.........
Here are the top stories on Dubai Chronicle on June 10, 2013. To read the complete articles, click on the bolded headlines.
TECOM Investments, the developers of Dubai Design District, today said that it aims to complete phase one of this dedicated industry community by January 2015, with construction of 10 [...]
Following the announcement made on Saturday by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President and Prime Minister and Ruler of Dubai, TECOM Investments, the developers of Dubai Design District, today said that it aims to complete phase one of this dedicated industry community by January 2015, with construction of 10 buildings already underway.
The Region’s Leading Derivatives Marketplace
- Exchange registers monthly volume record of 1.4 million contracts, valued at $ 48.47 billion
- Year to Date Volumes rise by 107 percent
- Mini INR Futures register record growth of 248 percent
The Dubai Gold and Commodities Exchange registered yet another monthly volume record of 1,448,242 contracts, valued at $ 48.47 billion, in May. Monthly trading volumes on the Exchange leapt 70% from the same month last year. Read more
The Knowledge and Human Development Authority (KHDA) has signed a cooperation agreement with the New England Association of Schools and Colleges (NEASC). The agreement is believed to ensure the improvement of the quality of education in various private US curriculum schools in Dubai.
For the 16th time, Dubai Summer Surprises (DSS) will lure both Dubai residents and visitors with various entertainment activities for families, as well as many shopping promotions. The festival will continue for one month starting this Friday.
DSS will feature different events like mall shows, concerts, Kids Fashion Week, theatrical presentations and many more. In addition, the biggest entertainment indoor theme park Modhesh World will reopen and welcome new guests on June 20th.
Among the main events will be performances by ‘Bananas in Pyjamas’ at the Mall of the Emirates. Garfield, popular cartoon character will be seen in a musical celebration which will start at the Mirdif City Centre (June 7-13) and then move to Deira City Centre (June 18 – 24). Another big event at this year’s DSS will be the Jungle Circus which will perform three shows every day from June 14 to June 19.
Dubai Summer Surprises is the first phase of the Summer is Dubai campaign and it is organized by DFRE (Dubai Festivals and Retail Establishment). The campaign itself will continue for three months and it will also feature Ramadan in Dubai and Eid in Dubai. Read more
The massive expansion of The Dubai Mall, the world’s largest shopping and entertainment destination has commenced in preparation to welcome over 100 million annual visitors to the mall. With the first phase expansion by 1 million sq ft, the fashion portfolio of the mall will be further strengthened, enhancing the city’s high-end retail offerings.
Mohamed Alabbar, Chairman of Emaar Properties, in a press release, said: “The Dubai Mall expansion project builds on Dubai’s new Tourism Vision 2020 announced by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, and the city’s focus on offering high-end retail and leisure attractions for residents and visitors from around the world. Read more
Dubai strengthens position as a Centre for Fashion, Design and Luxury
The Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, today announced that a new district will be created in Dubai dedicated to developing the Emirate’s fashion, design and luxury sectors, a statement from the Government of Dubai Media Office said. Read more