Month: February 2009

Dubai’s property market sales reach AED 451bn

Dubai’s Land Department recently released statistics indicating that from 1963 till 2008 the Emirate had made sales transactions worth AED451 billion. Dubai’s property market success began in 2002, when His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Emirate’s ruler, decided to allow foreigners to own property. The freedom for foreigners to own property boosted… Read more »

Ras Al Khaimah manufacturer to launch in March

Ras Al Khaimah Engineering and Design (RED), a manufacturer based in the Emirate aiming to match exclusive European imported furniture, is scheduled to be launched in March. The manufacturer will begin operation from its new 7,000 metre squared facility to produce high-end furniture in the coming months. Ras Al Khaimah Engineering and Design (RED) will… Read more »

UK demand for Turkish holiday is strong

One of Europe’s biggest travel businesses has reported that UK resident’s demand for summer holidays is strong, with determined sun-seekers looking for destinations abroad. This research by TUI Travel has suggested that approximately 87 percent of their UK customers aim to take an overseas vacation this year. This will be similar to the amount of… Read more »

Britons top apartment owners in Dubai

Dubai Lands Department has recently revealed statistics, which show Britons topping the list of apartment owners in Dubai. The Lands Department’s statistics also revealed that the majority of the owners of villas in Dubai are Indian citizens. Dubai Lands Department also reported that a total of 13,774 apartments had been registered with them between 1963… Read more »

Ras Al Khaimah to get Swiss campus

Ras Al Khaimah has been recently chosen by the Federal Institute of Technology in Lausanne, Switzerland, as the best location for their campus in the United Arab Emirates. This project will bring research opportunities for the development of alternative energy sources for Ras Al Khaimah. A spokesman for the university, Jernome Grosse, also stated that… Read more »

Turkey, Syria in cooperation to increase tourism

Turkey and Syria are scheduled to sign a cooperation agreement between the two countries in order to increase tourism over the next three years. Syrian Minister of Tourism, Saadallah Aghaa Al Kala, and his Turkish counterpart, Ertugrul Gunay, will finalise the agreement at the opening of the Eastern Mediterranean International Travel & Tourism Exhibition, EMITT,… Read more »

Dubai bags two tourism awards at UK events

Dubai once again demonstrated its popularity as a destination for business and leisure tourists from around the world by bagging two influential awards in the United Kingdom. Dubai, with its widely expanding tourism industry, remains one of the leading source markets for tourists globally. At the Irish Travel Trade News Awards, Dubai was voted as… Read more »

Ras Al Khaimah Public Works Ministry to spend AED 7.6mn on renovation

Ras Al Khaimah’s Ministry of Public Works has allocated a fund of AED 7.6 million, which it will use to renovate property of various citizens in the Emirate. The Khalifa bin Zayed Al Nahyan Charity Foundation, which donated the funds to the Public Works Ministry in Ras Al Khaimah , will sponsor the total cost… Read more »