Tag Archives: dubai
Cargo volumes up at Dubai World Central
Dubai's status as a global trading hub continued to grow in the first quarter of 2013, as cargo volumes increased significantly.New figures released by Dubai Airports highlighted a 7.8 per cent upturn in air freight deliveries at Dubai World Central when compared to the first three months of 2012.The facility – which is the city's second airport – handled 53,974 tonnes of goods during the quarter, as traders from all over the world transported cargo to the Middle East.Air traffic movements at the airport rose by 16.8 per cent year-on-year, which underlines just how much the airport has grown in its short lifetime.It first opened in 2010 and is now served by 36 airlines. Last year, the airport handled 219,092 tonnes of air freight and this figure is widely forecast to be surpassed in 2013.Dubai World Central is also expected to accommodate passengers for the first time in October 2013 and this will take some of the strain off Dubai International Airport.The latter is the second busiest aviation hub on the planet, with 66 million people expected to pass through the complex this year – up from 57.6 million in 2012.Wizz Air and nasair are both lining up new services from Dubai World Central, making it easier for travellers to fly into the UAE from Europe and Saudi Arabia.Chief executive officer at Dubai Airports Paul Griffiths insisted that maintaining high levels of cargo growth is far from easy in the current climate, even for Dubai.”The next step in the evolution of the airport will see continued cargo traffic growth, the commencement of passenger operations slated for October 27th with launch carriers Wizz Air and nasair, and the hosting of its first ever Dubai Airshow from November 17th,” he remarked.”All will play a role in building our new airport's growing brand reputation.”If current trends persist, aviation experts predict Dubai Airports' total cargo volumes to reach three million tonnes a year by 2015. Continue reading
DLD underlines commitment to sustainable building
The Dubai Land Department (DLD) has reiterated just how important it is for developers to embrace green building techniques.Dubai is one of the fastest growing cities on the planet and its rapid expansion over the years has caused concerns among environmentalists.However, the government has been keen to address the situation and it has introduced a number of regulations to ensure construction companies do all they can to build in a sustainable way.Director general of the DLD Sultan Butti Bin Mejren delivered a speech during the launch of the Sustainable Real Estate Conference at the Dubai International Convention and Exhibition Centre, in which he focused on just how crucial it is that Dubai's natural resources are preserved.In order to do this, Mr Bin Mejren insisted that firms need to be mindful of how much water and power they are consuming and how they can make better use of the land. He also underlined the importance of meeting international green standards.”Under wise leadership, the UAE has created a thriving real estate environment, one that has brought on confidence and increased the magnitude of investment in the country,” he remarked.”[This] has all the ingredients for success in terms of advanced infrastructure and legislation, and an environment of security and stability – all of which have transformed it into an investment capital.”Dubai's real estate market has really bounced back from the economic downturn and sales have risen sharply in the last 12 months.Last month, Mr Bin Mejren predicted that prices would continue to rise, as the demand for luxurious properties in the most exclusive parts of town soars.Figures released by the DLD showed the value of property sales in Dubai increased by 63 per cent in the first quarter of 2013, as 32 transactions were completed every single hour.Developers are responding to this incredible demand by erecting a plethora of new buildings and this means investors will be spoilt for choice when looking for exciting plots in the coming years.Looking for property investments in Dubai? Make The First Group your first port of call Continue reading
Mohammed receives Saudi Prince, Ministers and officials from ATM
Mohammed receives Saudi Prince, Ministers and officials from ATM (WAM) / 7 May 2013 His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, received at Zabeel Palace today HRH Prince Sultan Bin Salman Bin Abdul Aziz, President of the Saudi Commission for Tourism and Antiques (SCTA). In attendance at the meeting were Shaikh Hamdan Bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Shaikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman of Emirates Group and more than 20 Arab and foreign Ministers of Tourism participating in The Arabian Travel Market (ATM) in Dubai and the joint forum, held today on the sidelines of the ATM. Shaikh Mohammed welcomed the ministers and officials, stressing the importance of tourism and the tourist industry sector in Arab countries and developing countries in particular, since the sector constitutes a main source of national income for a number of countries and peoples. The UAE Vice-President hosted a lunch banquet for the guests. Among those who attended the banquet were Mohammed Ahmed Al-Murr, Speaker of the Federal National Council, Shaikh Mansoor bin Mohammed bin Rashid Al Maktoum, a number of Shaikhs, dignitaries, Ministers, Directors of Government Departments, and other economic figures in the country. Continue reading
