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DUBAI NEWS

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Dubai Land Department Reports AED158 Billion Real Estate Transactions for Eight Months of 2016
The report revealed that the three summer months (June, July and August 2016) were very active, with more than 15,493 transactions comprising of a total combined value of AED 60.5 billion.

RTA: ’Al Raqeeb’ system results in 88% drop of bus drivers’ exhaustion cases
Adel Shakri, Director of Transportation Systems, RTA’s Public Transport Agency, said, "RTA is the first government entity responsible for public transport to adopt this drivers’ monitoring system.

Meraas Brings La Dolce Vita to Dubai with Opening of The Outlet Village
Meraas, the Dubai-based holding company behind innovative destinations CITY WALK, THE BEACH, BOXPARK and Last Exit, has announced the opening of The Outlet Village, a picturesque retail enclave offering visitors a unique shopping experience.

DP World signs MOU with Summa Group in Russia
Global trade enabler DP World and the Summa Group, a diversified business with significant infrastructure investments in Russia, have signed a Memorandum of Understanding (MoU) to explore investment opportunities in ports.

DEWA is the first government organisation in the UAE to measure the happiness of children
Dubai Electricity and Water Authority (DEWA) has measured the happiness of children who participated in the Reading is Positive Energy exhibition at Zabeel Park, Dubai.

Nakheel continues AED16 billion retail expansion with new mall at Nad Al Sheba
Dubai master developer Nakheel is adding yet another mall to its AED16 billion retail project portfolio, with a new, 1.2 million square foot shopping, dining and entertainment hub at Nad Al Sheba.

Dubai launches the largest inflatable waterpark in the Middle East
Dubai Aqua Park is designed and created by Aqua Fun LLC’s founder Ahmed Ben Chaibah, the new park is a 77 meters by 33 meters inflatable park located at THE BEACH, opposite JBR.

Mohammed bin Rashid visits IMG Worlds of Adventure
Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum today said that the public and private sectors are key partners in the UAE’s economic growth and realising the country’s ambitious vision for development.

IMG Worlds of Adventure, Worlds Largest Indoor Theme Park, Opens Today
Today, IMG Worlds of Adventure, the world’s largest indoor theme park, opened its doors for the very first time. Wholly owned by the Ilyas and Mustafa Galadari Group and managed by IMG Worlds.

Nakheel to partner with Hilton Worldwide for new hotel at Dubai’s Jumeirah Village
Dubai master developer Nakheel today signed a Letter of Intent with Hilton Worldwide to manage a new, 256-room hotel at Jumeirah Village Triangle.

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