Guinness Record for 'World's Largest Acrylic Panel' Clinched by Dubai Aquarium & Discovery Centre

Dubai Aquarium & Discovery Centre sets Guinness Record for 'World's Largest Acrylic Panel'
AME Info

Dubai Aquarium & Discovery Centre in The Dubai Mall, which will open its doors on November 4, 2008, has clinched the Guinness World Record for the 'World's Largest Acrylic Panel'. The record-breaking achievement bears testimony to the sheer magnificence of Dubai Aquarium & Discovery Centre, a key opening day attraction in The Dubai Mall. The aquarium itself is free to view for mall visitors. ...

Dubai is the New Headquarters for Philips Consumer Lifestyle International

Philips Consumer Lifestyle International Cluster chooses Dubai for its new headquarters
AME Info

Philips Consumer Lifestyle International Cluster moves its headquarters from Vienna to Dubai. The Cluster organization employs approximately 815 employees operating currently in 33 locations and serves 98 countries across 3 sub-clusters: Central & Eastern Europe, Asia-Pacific and Middle East & Africa. ...

Abu Dhabi Commercial Bank Offers Attractive Finances for Tameer Towers and The Gate Towers

Tameer teams up with ADCB to provide financing for Abu Dhabi projects
AME Info (press release) - United Arab Emirates
Leading regional developer Tameer Holding Investment has today announced its strategic partnership with Abu Dhabi Commercial Bank (ADCB) to offer attractive mortgage schemes for purchasers of the Tameer Towers and The Gate Towers projects in Abu Dhabi. ...

Dubai to Become World's Most Popular Destinations

Raising cities from the sea: trouble-shooting the world's mega-projects
Zawya - United Arab Emirates
A lack of imagination - or funds - has never hampered development in the UAE. There are now US$536 billion of marine works and projects planned or underway in the region as the GCC remodels its coastline in its bid to become one of the world's most popular destinations for tourism and commerce. The Middle East Coastal Projects Conference 2008 is being launched by MEED, the business intelligence experts, to explore this exciting and ever-expanding area of construction and development. ...

Mohammed Bin Zayed City to Reduce Housing Shortage

New Madinat Mohammed bin Zayed City Projects to Reduce Housing Shortage
Khaleej Times - Dubai, United Arab Emirates
ABU DHABI — The residential project in Madinat Mohammed bin Zayed city, due to be fully completed by 2012, will help ease the acute shortage faced in the Capital, officials say. Ali Al Mahdi of the engineering firm which is executing the project said around 349 residential towers are expected to come up in the township. ...

Huge Budget and Large Trade Surpluses Protects GCC Economies from Global Financial Crisis

Global Mkts Lurch Unsteadily To End Of Mad Oct
Zawya - United Arab Emirates

Huge budget surpluses and large trade surpluses are likely to protect GCC economies from the negative effects of the global financial crisis according to Marios Maratheftis, Regional Head of Research at Standard Chartered Bank. ...

Zabeel is Keen to Invest in the United States

Zabeel Eyes US
Zawya - United Arab Emirates

... In an exclusive interview, he tells Gulf News that Zabeel is keen to invest in the US, but not willing to "overpay" for deals. He expects real estate prices there to fall further even though some US institutions are "trying to convince themselves that they are not going through a problem."

Projects Worth $120B Across the Arabian Gulf

Gulf Seeks Bidders For Projects Worth $120B

Zawya - United Arab Emirates
In spite of fears that the global credit crunch and economic slowdown could impact the Arabian Gulf, latest analysis shows there are still more than 250 major civil construction projects in the bidding phase across the region worth nearly $120 billion. ...

Contractors Invited to Submit Plans for Tall Tower in Dubai

Nakheel invites contractors to submit plans for Tall Tower in Dubai
MEED - Dubai, United Arab Emirates
The Tall Tower was originally called the Pinnacle and was to be located on the Palm Jumeirah, before becoming part of the Dubai Waterfront scheme, ...

Phoenix Hopes to Increase Foreign Investments from Dubai

Dubai 'bullish' on Phoenix, city tries to build ties
Arizona Republic - Phoenix, AZ, USA
The economy is slow, but Phoenix is pushing ahead with its efforts to increase foreign investment.

Next week, a small delegation will lead a scouting mission to Dubai. Phoenix will send Don Maxwell, its director of economic development, along with a handful of other officials from the state and the private sector.

UAE Sees Good Opportunities for Investing in the United States

UAE sees good investment opportunity in US
Reuters - USA
The United Arab Emirates is eager to boost investment in the United States and sees good opportunities as the global financial crisis has cut the price of many companies, a senior UAE official said on Friday. ...