Author: houseman (Page 2 of 5)

Emirates to increase number of flights to Turkey

10 October 2008

Emirates Airlines is set to increase the number of its flights from Dubai to Istanbul to 11 a week. The Arab air carrier will schedule two more additional flights every Tuesday, Friday, Saturday and Sunday, said Bahar Ahmet Birinci, Emirates regional director for Turkey, Romania and Bulgaria. Birinci said the Dubai-Istanbul was the most lucrative route among European destinations with a 87 per cent occupancy rate.

“We are targeting to carry 90,000 people on this route and a EUR 27 million turnover,” Birinci said.…

World’s biggest shopping mall to open in Dubai

11 July 2008

The world’s biggest shopping mall will open in Dubai next month amid predictions that it will create new investment in the high growth retail sector.

Dubai Mall expects to attract 30 million shoppers in its first year. With its 1,200 retail units, two anchor department stores and over 120 food and beverage outlets, even more visitors are likely to be attracted by access to the Burj Dubai observatory tower.

It is a classic example of a prime location being good for business according to Jim Badour, CEO …

Abu Dhabi aims to attract Australians

08 July 2008

Tourism officials in Abu Dhabi have outlined their plans to attract more Australian holidaymakers to the region.

The Abu Dhabi Tourism Authority (ADTA) has just opened an office in Sydney as part of its strategy to open up the market to people in Australia.

Mubarak Al Muhairi, director general of ADTA, said this has come about as a result of growing air traffic between the two locations.

As a result, the organisation is keen to tap into this market further and encourage even more Australians to visit …

Dubai will keep attracting visitors

07 July 2008

Dubai is likely to remain a popular holiday destination over the next few years, despite various economic problems across the world.

This is the conclusion of Deloitte, which has estimated that the number of foreign nationals visiting the Middle East could go up by as much as ten per cent this year.

Indeed, visitor numbers in the region in 2007 were 13 per cent up on those recorded 12 months earlier, reports AMEInfo.

Dubai was flagged up as one major hotspot of activity – a development which …

Value of property for sale in Dubai set to keep rising

03 July 2008

A developer which sells property for sale in Dubai is predicting further increases in house prices over the next few years.

According to MAG Group Property Development, values across the emirate have risen at an unprecedented rate in recent times, reports Homes Overseas.

Mohammed Nimer, chief executive of the organisation, described the growth as “frenetic”, adding that it has easily outpaced the rest of the Arabian Gulf states combined.

However, he believes the boom could peak in two year’s time before shifting to a more sustainable rate …

Yachting facilities boost Abu Dhabi’s marine credentials

15 June 2008

Yachting and marina facilities are set to boost Abu Dhabi’s global marketing platform and attract even more visitors and investors, it is claimed.

The inaugural Abu Dhabi Yacht Show in March 2009 and the construction of various waterside developments that include marinas will put it firmly on the yachting and cruising map, according to the tourism authority.

“Abu Dhabi has a strong maritime heritage and unrivalled opportunities for marine leisure with over 200 islands off its mainland shores,” said Mubarak Al Muhairi, Director General of the Abu …

Construction tender for Palm Island’s Trump Tower awarded

13 June 2008

The joint venture between Al Habtoor and Murray & Roberts has successfully secured the prestigious tender for the construction of the iconic Trump Tower on the renowned Palm Island. This significant achievement comes following a competitive bidding process initiated by Nakheel, a leading real estate developer in Dubai and a cornerstone entity owned by the government of Dubai. The contract for this monumental project is valued at a substantial USD 789 million.

Trump Tower is poised to be a towering symbol of luxury and sophistication, standing impressively …

Abu Dhabi to build first free zone near airport

11 June 2008

Abu Dhabi Airports Company is embarking on a groundbreaking venture with the development of the first free zone near the international airport, spanning an expansive area of 4 million square meters. The strategic initiative is a pivotal component of the comprehensive development plan for the capital’s airport, with an overall investment of USD 6.8 billion. This visionary project is poised to transform the landscape, reinforcing the airport’s status as a major global aviation hub.

The first stage of this ambitious venture is scheduled for completion by 2010, …

Dubai government to build 100 trade centres

10 June 2008

Nakheel, a prominent company under the direct control of the Dubai government, is set to embark on an ambitious venture that encompasses the construction of a hundred trade centers over the next two decades. This visionary initiative reflects the emirate’s commitment to sustained economic growth, diversification, and the creation of dynamic commercial hubs.

Among the notable projects on Nakheel’s ambitious agenda are two Palm Malls, strategically positioned on Palm Jumeirah and Palm Deira. These developments are poised to enhance the vibrant and luxurious atmosphere of these iconic …

Burj Dubai opening delayed until September next year

10 June 2008

At least nine months more than expected will be needed to be able to admire the world’s tallest skyscraper, Burj Dubai, which already stands out in the heart of the Business Bay. Meanwhile, Emaar, the United Arab Emirates construction giant involved in the building of the skyscraper, announced the construction of a spectacular fountain, among the largest in the world, which will present rhythmic water plays in the lake in front of the imposing building. The opening of the building initially scheduled for December will be postponed …

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