Property Report

UAE cement crisis
A crisis over soaring cement prices in the UAE has now led to fears of oversupply and a price crash. When prices leapt 200% in May even as supplies fell short, contractors began importing, helped by a government tariff waiver. Now suppliers are rapidly offloading stocks, fearing a glut in the market.
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United Arab Emirates: Sunday, August 22 - 2004 at 09:44

Nakheel imports cement
Nakheel's first shipment of cement has arrived at Jebel Ali Port: a reaction to spiralling local prices. Both Nakheel and the Dubai Ports Authority have welcomed a recent Government initiative to drop tariffs on cement. Sultan Bin Sulayem, Executive Chairman of Nakheel and the Dubai Ports Authority, says he hopes the imports will help stabilise the market.
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United Arab Emirates: Thursday, August 19 - 2004 at 09:54

The biggest souq in the world
Emaar Properties is developing the world's biggest ever shopping mall at the same site that the world's tallest tower, Burj Dubai, will be built. Dubai Mall features 5.6 million square feet of retail space, and is an amalgamation of approximately ten to fifteen individual malls or niche product markets. Emaar Chairman Mohamed Al Alabbar says he expects to award a construction contract for the Dh2.6 billion mall in a few weeks.
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United Arab Emirates: Wednesday, June 16 - 2004 at 09:11

Fantasy Island becomes reality
Desert island dreams are coming true for wealthy investors, with multi-million dollar islands on Nakheel's US$3 billion The World development now available for purchase. But those hoping to build their own private golf course or mansion will have to wait a little longer - so far only one of the 300 islands - the 'UAE' - has been fully reclaimed.
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United Arab Emirates: Wednesday, May 05 - 2004 at 23:43

Switching the light fantastic
Dubai's construction and tourism boom is leading to dramatic growth in affiliated industries, such as interiors. Dutch company Desert River is the new distributor of a range of high end European lighting systems. Managing Director Michiel Schroeder explains how research carried out by the company suggests rapid growth in the sector.
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United Arab Emirates: Wednesday, March 03 - 2004 at 12:55

Interview: Ernie Els
International golfing superstar Ernie Els is designing a golf course at the new Dubai Sports City. Speaking exclusively to AME Info, Els gives his verdict on Dubai's prospects as an international sporting hub.
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United Arab Emirates: Tuesday, March 02 - 2004 at 18:07

A sporting chance for Dubai
The cream of international tennis, football and golf will be a permanent fixture in Dubai, with the new Sports City attracting leading international brands to set up in the development. Supporters include Manchester United Soccer School as well as the David Lloyd Tennis Academy.
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United Arab Emirates: Tuesday, March 02 - 2004 at 11:59

Cool solution for Pearl
Omnix Group has signed a 20 year deal with Tabreed, the National Central Cooling company, to providing cooling services to the new three billion dirham Pearl development in Dubai. District cooling has benefits for both landlords and tenants, and is also considered to be environmentally friendly.
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United Arab Emirates: Wednesday, January 07 - 2004 at 10:51