His Highness Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister and Vice President of the UAE and Ruler of Dubai, examined the plans for Empower's new district cooling plant in Business Bay during his tour of DEWA's 15th annual Water, Energy, Technology, and Environment Exhibition (WETEX).
The International Air Transport Association (IATA) forecasts a fall in profitability for carriers in the Mena region as capacity expansion outstrips demand while planes are fighting for airspace. The region's carriers are doing well financially with IATA expecting $400 million (Dh1.4 billion) profits this year opposed to losses last year.
The global downturn and increasing supply has also given commercial property tenants across the three emirates firmer territory to renegotiate terms. The report states that while rents remained reasonably stable in Dubai’s Jumeirah Lake Towers, Business Bay and TECOM Area C, all three areas suffer the highest vacancy levels.
Rezidor is set to open its fourth Radisson Blu hotel in Dubai in early 2011, the Belgian hotel group announced on Monday. The Radisson Blu Hotel, Dubai Downtown, will include 220 rooms and will be located close to the Dubai Mall, the Burj Khalifa, the Dubai Fountains and Souk Al Bahar.
Salwan LLC, the Dubai-based real estate brokerage service company that specialises in leasing, sales, property management and advisory services has announced the opening of its new office in Business Bay. The office is located in the Mezzanine level of Bay Avenue, and is now fully operational, catering to the growing demand from customers for properties in this growing district of Dubai.
With somewhere approaching 80 per cent of its completed office space lying empty, Dubai’s Business Bay area is still struggling to attract the scores of companies it was hoped would be enticed. Just a couple of kilometres down Sheikh Zayed Road, commercial buildings in Dubai’s central business district (CBD) boast vacancy rates of below 15 per cent.
Under the patronage of Vice President and Prime Minister of UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum, the ceremony to honour the winners of the Dubai Government Excellence Program will be held in Dubai on 13th this month.
The newly-opened Dubai Water Canal project will change how boating is perceived in the UAE, according to the boss of a UAE-based superyacht builder. Erwin...
A permanent memorial to the late Zaha Hadid, the award-winning Iraqi-British architect, is being planned at a structure she designed in the Business Bay...
An iconic office tower has become one of the first completed projects at Dubai's Business Bay since the financial crisis. The O14 development took over four years to build and is one of few projects to be formally opened at the site.
There is excitement in the air in anticipation of the opening of the iconic Dubai Water Canal next month. This means the Dubai Water...
Dubai Properties Group (DPG), master developer of world class destinations in Dubai including Business Bay, DUBAILAND, JBR and Culture Village, celebrated the UAE’s Flag Day at its Business Bay Office yesterday.