Lifetime Achievement award for Sheikh Mohammed
The Arabian Hotel Investment Conference has conferred its 2006 Lifetime Achievement Award on His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE vice president and prime minister and ruler of Dubai, in recognition of the realisation of his vision for the emirate.
The award will be presented by the conference’s patron, HH Sheikh Ahmed bin Saeed [...]
UAE offers 'significant' potential for investors
DUBAI — The future potential of the Middle East, and the UAE in particular, remains significant, according to a report from the US-based Stanford Group Company, and is encouraging its clients to invest here.
The report says: “It is clear that the GCC is in the midst of an economic boom as they reaped $300 billion [...]
Aviation Investment to Hit AED132 Billion
Dubai’s total investment in the aviation sector is poised to reach AED132 billion.
The Dubai Department of Civil Aviation (DCA) authorities says Dubai International Airport would be capable of handling 70 million passengers when the current $4.1 billion expansion involving the construction of Concourse 2 and 3, along with the new underground Terminal 3 is complete.
In [...]
Making Dubai More Green
An ambitious landscape project worth AED 843 million has been launched by Dubai.
The ‘2006 Landscape Project’ involves as many as 29 parks,45 community parks, and 27 other facilities on Dubai road network (green islands) that would add a further 670 hectares of green area to Dubai’s urban landscape.
The civic body intends to cover as much [...]
Property law strengthens Dubai real estate boom
It has been reported today that the property boom in Dubai has received a boost from last month’s legalisation of freehold property ownership for foreigners.
AME Info indicates that available property is currently in short supply in Dubai and so the influx of foreign investors after the change to the property law is likely to send [...]