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  <description>2004 news and features</description>
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    <title>Dubaipropertyauctions.com launch</title>
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    <pubDate>Thu, 30 Dec 2004 12:30:45 +0400</pubDate>
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        Nakheel's North American agent Atlantis Group is launching a real-time, online trading platform for Dubai property, www.dubaipropertyauctions.com on January 1. The website offers users a simple to use, auction-style trading system, although the legal status of properties is verified before they go online. 
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    <title>JLT, 14 or 78 towers approved</title>
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    <pubDate>Thu, 30 Dec 2004 08:20:46 +0400</pubDate>
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        Nakheel has given approval to the concept designs of 14 out of 78 towers planned for the Jumeirah Lake Towers project opposite the Dubai Marina. Thus far 41 concept designs have been submitted by purchasers, said Chairman Sultan Ahmad bin Sulayem. The JLT overlooks a 2.5m sqft artificial lake.
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    <title>Bin Laden, Sharjah airport job</title>
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    <pubDate>Wed, 29 Dec 2004 08:43:00 +0400</pubDate>
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        The Bin Laden Group has signed an agreement with Sharjah Department of Civil Aviation for a USD62m expansion of Sharjah International Airport to handle 8m passengers a year. GHD is designer, consultant and project manager, while Abu Dhabi Commercial Bank is to handle finance. Work is to be finished in 18 months, reported Gulf News.
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    <title>Damac opens Kuwait company</title>
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    <pubDate>Tue, 28 Dec 2004 08:43:47 +0400</pubDate>
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        Dubai's Damac Group has set up a company to target opportunities in Kuwait. The company will have a USD49m capital base and look at real estate and equity investments, said a statement. Having started 13 real estate projects in Dubai this is Damac's first step into the wider region.
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    <title>Arabtec, 560 villas for DSO</title>
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    <pubDate>Tue, 28 Dec 2004 08:24:05 +0400</pubDate>
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        Arabtec is to build 560 residential villas in the 700 hectare Dubai Silicon Oasis complex near Nad Al Sheba outside Dubai. Completion is slated for the first half of 2006. The villas are part of the infrastructure of phase one of the DSO, according to Gulf News.
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