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Monthly Archives: April 2009

Municipality plans new projects to improve infrastructure

The Dubai Municipality plans to complete several landscaping projects over 283.6 hectares in the city. The projects will improve the city's infrastructure through cultivation...

U-turn in car parking legislation

The Dubai Land Department has revised legislation that was to force residents to pay for a car parking space with newly acquired property following...

Construction costs have dropped to 2003 levels

Should property prices be decreased in line with the reducing costs of building materials? A softening in prices of building materials is expected to kick...

Istithmar World Investment Management (Dubai) Limited to operate from DIFC as...

To focus on private equity and alternative investment opportunities Istithmar World, the investment arm of Dubai World,  today announced that its investment management entity, Istithmar...

Foreign investors net DFM buyers by AED 16.29 mln

Non-Arab foreign investors bought shares at a net value of approx. AED 58.69 million on Dubai Financial Market (DFM) today, while their sell transactions...

IMF to have expanded role after G20 summit

The G20 has decided to spend more than a $1 trillion to stimulate the world economy, and its members said they would expand the...

RTA to open phase IV of Jumeirah Lakes Towers

Dubai's Roads '&' Transport Authority (RTA) opens today (Saturday 04/04/2009) Phase IV of Jumeirah Lakes Towers Interchange (Interchange 5.5) on Sheikh Zayed Road. The Project...

Infrastructure Breakthrough – iCrete introduces revolutionary new material for precast concrete...

• New iCrete product family will feature speed in application, exceptional reliability and workability, less cement, lower cost, and sections that are thinner and...

Emaar Misr launches sale of fully-finished Mivida townhomes in Views District

•Starting price at EGP1.2 million with only 5% down payment •Two- and three-bedroom units of size 158 to 190 sq m; delivery scheduled for 2012 •Located...

What now for the Arab League?

For how long will the Arab peace initiative remain on the table and can the Arab League in its current form cope with growing...