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Mixed day for UAE markets

Posted on Mar 31, 2010 in ALDAR | 0 comments

Abu Dhabi Securities Exchange (ADX) shed 0.21 per cent to close at 2,925. The index dropped slightly from its four-month high t on Monday, its peak since mid-November, before Dubai World sought a debt standstill from its creditors and regional markets slumped.

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Nick’s garden: Towards a more natural landscape

Posted on Mar 30, 2010 in Abu Dhabi 2030, Featured, The National | 0 comments

Happily, the last few years have also seen a quiet revolution take place in Abu Dhabi’s corridors of power with the introduction of Plan Abu Dhabi 2030, Estidama and new guidelines for the design of Abu Dhabi’s streets and public spaces and it shouldn’t be long before we see the city’s characteristic greenness take a decidedly environmental turn.

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Landmark Advisory: New Rental Law Unlikely to Significantly Impact Rent Levels in the Capital

Posted on Mar 30, 2010 in Business & jobs, Featured, Press | 0 comments

We expect an adjustment phase while landlords bring their expectations in line with market fundamentals,” explained Ms. Downs. “This phase will start in Q4-10 and Q1-11 when the new law will take effect. At this time more of the newly developed supply will be readily available throughout Abu Dhabi and specifically in the freehold areas like Al Reem Island and Al Raha Beach.”

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Burooj Properties boat trip offers executives a close look at Abu Dhabi landmarks

Posted on Mar 30, 2010 in Business & jobs, Featured, Press | 0 comments

Property markets in Abu Dhabi and the UAE are recovering from the impact of the global downturn, and the next couple of years are expected to see the delivery of numerous commercial and residential projects in the capital, which will increase the supply to demand ratio significantly, especially with the completion of the numerous projects on Al Reem Island, Al Raha Beach, Mohammed bin Zayed City, and many others.

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Staying close to customers a winning recipe for Teka

Posted on Mar 30, 2010 in Business & jobs, Featured, Press | 0 comments

Kitchen appliances literally took centre stage at the Jumeirah Beach Hotel on Thursday night at a gala dinner hosted by the German kitchen appliance and sink manufacturer Teka Kϋchentechnik. With a new office recently opened in Abu Dhabi, Teka has already taken on new projects worth more than $8 million, including Aldar’s Al Muneera development at Al Raha Beach and Emaar’s Burj Khalifa precinct in Dubai.

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Abu Dhabi raises its profile with new skyline

Posted on Mar 30, 2010 in Construction and technology, Featured, The National | 0 comments

Abu Dhabi’s skyline has begun sprouting the type of towers that help put a city on the world map. Not only is this new generation of buildings taller and slicker than the glass edifices of yesteryear, they include features that would make them stand out in any metropolis.

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