Business

Dh700 million MAG 5 Boulevard launched

19 May 2015

19 May 2015

The project is planned to break ground in fourth quarter 2015 and is destined to become a 24-hour living, walkable community spread over 800,000 sqft of land.

Dubai: MAG 5 Property Development on Monday launched a new integrated and affordable residential community, ‘MAG 5 Boulevard’ at Dubai World Central (DWC).

With an estimated construction value of Dh700 million, MAG 5 Boulevard will be strategically located within DWC’s Residential Area and will... Read More

Exciting times ahead for retail market

19 May 2015

19 May 2015

Dubai retains 2nd position for international retailer representation for 4th consecutive year.

Dubai: The UAE’s retail market is vibrant and has promising outlook as major retail groups are expanding their footprints across the emirate, according to a top official of Dubai Chamber of Commerce and Industry.

President and chief executive of the chamber Hamad Buamim said the retail sector is contributing around one third to the country’s gross domestic product... Read More

Danube launches Dh400 million Glitz 3

19 May 2015

Danube has launched realty projects Dreamz by Danube, Glitz 1, 2 and 3 -- worth Dh1.2 billion within a year.

Dubai: Danube Properties on Monday launched its fourth project ‘Glitz 3’ and its chairman claimed that the apartments, priced at Dh475,000, are for the middle-income resident.

The launch of all Danube Properties’ projects so far have been in keeping with the government’s ideology of introducing more affordable housing in the residential development market, Danube Group... Read More

Ferrari World Abu Dhabi named Middle East’s leading tourist attraction

19 May 2015

The park is currently undergoing expansion plans

May 18, 2015

WAM

ABU DHABI: Abu Dhabi’s multiple award-winning tourist destination, Ferrari World Abu Dhabi, has been named the Middle East’s Leading Tourist Attraction at the World Travel Awards Gala event at the Four Seasons Resort Dubai.

Commenting on the win, Jesse Vargas, General Manager at Ferrari World Abu Dhabi, said, “We are delighted to receive this prestigious award and would like to thank World Travel... Read More

Dubai World Trade Centre becomes a free zone

19 May 2015

Move is part of a new law and series of decrees issued by Shaikh Mohammad

Dubai: Dubai World Trade Centre (DWTC) was established as a free zone on Monday as part of a new law and series of decrees issued by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, in his capacity as Ruler of Dubai.

Law No (9) of 2015 establishes DWTC “as a free zone subject to supervision” of the Dubai World Trade Centre Authority (DWTC), which was also... Read More

Dubai Parks and Resorts starts receiving rides and attractions components

18 May 2015

Over 100 rides and attractions are on their way to Dubai to provide thrills and entertainment for all

Dubai, UAE –18 May 2015:  The industry’s top designers and consultants are hard at work on a range of attractions at Dubai Parks and Resorts, which is set to be the region’s largest multi-themed leisure and entertainment destination. Following the unveiling of a scale model of the resort earlier this month at Dubai’s Arabian Travel Market, Dubai Parks and Resorts has announced further... Read More

New water taxi station opens in Palm Jumeirah

18 May 2015

RTA opens 34th marine station near Waldorf Astoria Hotel

May 18, 2015

Dubai: Expanding its reach in Gulf waters, the Roads and Transport Authority (RTA) has opened the 34th marine station in Dubai.

The newest station that caters only to water taxis is located near Waldorf Astoria Hotel at Palm Jumeirah.

Marine stations are lined up all along the shore of Dubai as well as Deira Creek and other water bodies in the city.

Some of the stations cater to all... Read More

Emirates expands its mobile footprint, launches an Android app

18 May 2015

May 18, 2015 — • The Emirates App now available on the world’s largest mobile platform

• Key milestone for Emirates as it continues its charge in the mobile app space

• Gives passengers more control over their travel experience

DUBAI, UAE, 18th May, 2015 – On the heels of the successful launch of its Apple Watch app, Emirates announced today the debut of the Emirates App for Android, the world’s largest mobile platform. With more than one hundred thousand monthly users... Read More

Gulf security is an essential part of the global stability: Mohammed bin Zayed

18 May 2015

 

(Wam) / 15 May 2015

Shaikh Mohammed bin Zayed said that the international community, led by the United States, must realise that the security and stability of the Arabian Gulf is closely linked to the global security.

His Highness Shaikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has stressed that the security of the Gulf region is an essential part of the global stability, given the region’s economic,... Read More

Public comments sought on nuclear regulatory guide

18 May 2015

(Wam) / 18 May 2015

The FANR drafted a revision to Regulatory Guide 001 for Content of Nuclear Facility Construction and Operating Licence Applications.

Abu Dhabi - The UAE Federal Authority for Nuclear Regulation (FANR) released a draft nuclear safety regulatory guide on Sunday and invited the public to review it and submit their feedback.

The FANR drafted a revision to Regulatory Guide 001 for Content of Nuclear Facility Construction and Operating Licence Applications... Read More

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