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Monthly Archives: September 2008

Al-Jaber pays AED1.5 million to Zakat Fund

The Zakat fund received Tuesday an amount of AED1.5 million paid by UAE philanthropist and businessman, Obaid Al-Jaber and his family. The kind gesture...

Better day for DFM

The Dubai Financial Market General Index rose 0.9 per cent to 4,511.25 at 12:55 pm, rebounding from its lowest close since October 8. Dubai shares...

New features and improved members area on real estate Web portal

Visitors and registered members of the aim168realestate.com portal can now take advantage of three new features added to the site's services. The ‘Classified Properties’...

Dubai World Central

Dubai World Central (DWC) is a 140 square kilometre urban aviation community centred around the world's largest international airport. Currently being built 40...

Dubai World Central to unveil Commercial City early next year

Project will feature smart technology and modern infrastructure Dubai World Central is aiming for an early 2009 first airing of Commercial City , which...

Crossing two toll gates in an hour will be charged once

Motorists crossing Al Barsha and Al Safa toll gates in a span of one hour will be paying Salik just once. Salah Al Marzouqi, Director...

Current commercial space supply oriented towards smaller tenants

Dubai's office market could be headed for a high season with several projects entering their final phases, but for many prospective tenants that's still...

Nakheel reports threefold increase in sales

Nakheel, a Dubai World company and one of the world's largest and most innovative real estate developers, announced that its 2008 sales are already...

RTA Buses lift 47m passengers in the first half of this...

The Statistics compiled by Roads & Transport Authority (RTA) revealed that public buses operated by RTA Public Transport Agency have lifted in the first...

RAK Free Trade Zone offers excellent customer service

Authorities from the Ras Al Khaimah (RAK) Transport Authority paid a visit to Ras Al Khaimah Free Trade Zone (RAK FTZ) to get a...

Three in bid for DEWA’s seawater contract

Dubai Electricity & Water Authority (Dewa) said it has received bids from three groups for the $1.5bn contract to build the Hassyan sea-water cooling...

Foreigners bought $281.1m shares on DFM last week

Dubai Financial Market said on Friday that the value of shares bought by foreign investors, or non-UAE nationals, during the week  August 31 to...

UAE strengthens bilateral ties with Turkey

High-level UAE delegation attends Izmir International Fair Dubai Export Development Corporation (DEDC), the Dubai government body charged with promoting exports from the emirate, along with...

The construction of large aquatic sports centre awarded to Binladin Group

Saudi Binladin Group, a multinational construction conglomerate and holding company, has been awarded a contract worth Dh1.1 billion ($300 million) to design and build...

Emirates Airline to operate 269 flights daily from Terminal 3

With the announcement of the phased opening of Terminal Three from 14th October, the spotlight has now turned firmly on Emirates' much-anticipated move...

Interior Ministry calls all “stateless” persons to get applications on Sunday

The Ministry of Interior has enacted flexible procedures to receive streamline registration at the centres recently set up for receiving stateless persons as of...

Nakheel launches syndicated loan

Nakheel Properties said on Thursday it was launching a 4.4 billion dirham ($1.2 billion) syndicated loan. The facility, which matures in January 2011, includes a...

Tourism Development & Investment Company (TDIC)

Tourism Development & Investment Company (TDIC) is Abu Dhabi's leading tourism asset developer and the name behind some of the world's most significant tourism...