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Morning round-up: Cirrus changes the game

Bradley Hope   |  March 26, 2009

Faced with difficulty in finishing its projects because of the financial crisis, Cirrus Developments is offering investors the chance to become shareholders in a new company to run its Aquarius Gate project, Angela Giuffrida reports this morning. With developers across the country struggling to continue operations,... Read more

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Morning round-up: The sinking building

Bradley Hope   |  August 18, 2009

Preliminary reports from the scene of the collapsed building in Deira show that a portion of the building had sunk or settled before falling in on itself, The National reports. Essa al Maidour, the municipality's assistant director general for general projects affairs, said his team was trying to reach the basement to ... Read more

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Building collapse in Deira

Bradley Hope   |  August 16, 2009

UPDATE: More photos after the jump. A building has completely collapsed in the Deira section of Dubai, The National and Khaleej Times are reporting. No casualties have been reported yet, though 10 cars were said to be destroyed. The building was under construction. Photo caption: All photos by Stephen Lock / The... Read more

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Qatari property company targets Londoners

The National Staff  |  July 1, 2009

Qatari Diar Real Estate Investment Company (Qatari Diar) is targeting "elite" Londoners this summer with an advertising campaign that will, among other things, slap the Qatari Diar brand on 200 black cabs. Qatari Diar is also sponsoring the Harrod's Sale, which runs through July 19, as a way of introducing the... Read more

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Morning round-up: Emaar to build Saudi's 1.1km tower

Bradley Hope   |  June 14, 2009

Emaar Properties, which is finishing the interior of the more than 800m Burj Dubai, has been awarded a contract to build an even taller tower in Jeddah. This could be an extraordinary piece of luck for the company, which along with its peers in Dubai has seen hard times because of the global financial crisis and... Read more

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Comics for construction workers

Bradley Hope   |  April 27, 2009

BuildSafeUAE, a nonprofit organisation geared toward just issued its latest safety-conscious comic strip for construction workers, featuring its regular cast of characters: Raoul, Ahmet and Farik. Here is the actual comic: These things come out regularly and are quite impressive. Besides English, they are printed... Read more

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Morning round-up: Deyaar emerges as "market leader"

Bradley Hope   |  April 27, 2009

Deyaar Development posted profits of Dh54.4m in the first quarter, which was about 73 per cent less than the same period in 2008. On the positive side, analysts are calling Deyaar an example to other companies in the sector. Since the market turned last autumn, Deyaar has been the first company to do things like cut... Read more

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Emaar and Nakheel deny issuing "credit notes"

Bradley Hope   |  April 26, 2009

For the past few weeks, a property broker called Salim Bandeali has been sending out e-mails to people across Dubai asking to buy up their "credit notes". He explained, and I quote, that " Nakheel & Emaar are issuing Credit Notes for their delayed projects" and that he had "few ready customers who are interested... Read more

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Yas Circuit at 300 kph

The National Staff  |  April 26, 2009

For all of you out there with F1 fever, here's the latest look at Abu Dhabi's Yas Marina Circuit, compete with adrenalin pumping dance music and a don't-blink-you-might-miss-it look at the hotel draped over the track. For a more stationary look at the flagship (or should we say spaceship?) hotel, here's the... Read more

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Morning round-up: High rents still cause trouble

Bradley Hope   |  April 26, 2009

Rent plays a big part in the establishment of a company, as Tala al Ramahi reports in The National. Some 30 business proposals that were approved by the Government "have not yet materialised as the owners struggle to find somewhere suitable within their budgets in Abu Dhabi", she writes. This is a problem for foreign... Read more

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