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LATEST NEWS

UAE plans to invest US$163 billion in green energy

12/01/2017
The new energy strategy of UAE is unveiled, which is an ambitious plan to boost clean energy and slash dependence on natural gas to generate power, that will save Dh700 billion by 2050. The integration of renewable, nuclear and clean fossil energy will be funded with investment of Dh600 billion over the next 33 years, equating to an annual spend of more than Dh17 billion.

Damac confirms a US$2 billion deal rejected by Trump

12/01/2017
US President-Elect Donald Trump said, he’s rejected a Dh7.3 billion (US$2 billion) deal with Damac Properties, at a press conference on Wednesday, just nine days before his inauguration as the 45th President of the United States.

Abu Dhabi implements 3 percent municipality fee on tenants

08/01/2017
The municipality fee equivalent to three percent on tenants in Abu Dhabi will increase the cost of living in the emirates following hikes in water and electricity tariffs.

New Attraction: Dubai Harbour

03/01/2017
His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, unveiled the new waterfront destination Monday, in the presence of the Crown Prince of Dubai Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum and Group Chairman of Meraas Abdulla Al Habbai.

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Azizi project value to hit Dh13.3 billion in 2017
Azizi Developments, a major property developer will launch 20 new projects in 2017, with a development value exceeding Dh6 billion in 2017. Read More...
Nakheel calls for construction proposals for Deira Islands
Master developer Nakheel is inviting construction proposals for Deira Islands Boulevard, its new, Dh5 billion community for 10,000 people, to be built at Deira Islands in Dubai. Read More...
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