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[ Dubai, UAE ] Taj Arabia project in Dubai’s FalconCity of Wonder will be opened to public in 2015, according to its developer. According to the Project’s website, A replica of the Taj Mahal, one of the modern day seven wonders of the world, the Taj Arabia project is a development that includes a...
[ Dubai, UAE ] The “Worlds of Adventure” family entertainment center is expected to open in December 2013 in the United Arab Emirates with superhero-themed attractions, restaurants and shops. Developer IMG Group’s states the entertainment facility will be the world’s largest indoor theme park. The City of Arabia’s “IMG...
[ Dubai, UAE ] Dubai gave the go ahead on Wednesday to plans for a new $1.6 billion island project featuring the world’s largest observation wheel at its center. Dubai’s ruler approved the Dhs6 billion Bluewaters Island development on Wednesday, which includes a 210 metre (688 foot) high observation wheel,...
[ Dubai, UAE ] The F1 (Formula One) Theme Park once proposed as part of the troubled Dubailand project in Dubai, was aborted in 2010. At the time of its cancellation, site construction work was actually underway at the theme park site but with a scheduled opening date in...
[ Dubai, UAE ] In a statement releasted by His Highness Sheikh Mohammed bin Rashid al-Maktoum, a complex of 5 theme parks is now back on the planning boards for Dubai. The first components of the mega complex are scheduled for completion in 2014, although the scope of items for...
[ Dubai, UAE ] Dubai’s ruler, His Excellency Sheikh Mohammed Bin Rashid Al Maktoum, has announced a major initiative to develop Mohammed Bin Rashid City. The multi-billion dollar project will be developed to include several components. The project will be located between Emirates Road, Al Khail Road and Shaikh Zayed...
[ Dubai, UAE ] A Vogue-branded cafe is scheduled to open at The Dubai Mall thus year. It will be the first such Vogue Café in the Middle East. Situated within level Shoe District at The Dubai Mall, a 96,000 sq ft luxury retail space dedicated to the world’s most coveted...
[ Dubai, UAE ] Falconcity of Wonders will feature huge replicas of the “Seven Wonders of the World” along with replicas of other famous monuments from around the world. The project budget has recently been reported to the press at an estimated USD $12 billion. The Great Wall of China...
[ Dubai, UAE ] Meraas Holding (UAE) indicates it is ready to begin design work on a kilometer-long mall to be built in the Jumeirah Beach Residence area of Dubai, along the beach from the Hilton Hotel at one end to the Sheraton Hotel at the other. The project will change the...
[ Dubai, UAE ] In August 2012, Alshaya Trading Co., WLL opened the The Cheesecake Factory at The Dubai Mall. The location is the first Cheesecake Factory to open outside the U.S.. Alshaya Trading is operating the restaurant under license agreement with the well-known restaurant company. The 300-seat...
Liwa Trading Enterprises is a retail brand licensing firm operating within the MENA Region. Liwa has substantial experience in retailing in the GCC area and has established itself in all the GCC countries – UAE, Saudi Arabia, Bahrain, Kuwait, Oman and Qatar. In each of these countries Liwa has franchise/sub-franchise...
[ Dubai, UAE ] The Dubai Safari project has been approved by Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and Chairman of Dubai Municipality. The overall Dubai Safari project will encompass 400 hectares of land and include the 60-hectare Dubai Safari park, as well...
[ Abu Dhabi, UAE ] Aabar Investments PJS, a sovereign wealth fund of Abu Dhabi, and Industrial and Commercial Bank of China Ltd. (“ICBC”) have entered into an agreement that includes 2 billion USD in initial construction commitments. Aabar Investments has a diversified investment strategy including real estate. The company...
[ Abu Dhabi, UAE ] Sovereign wealth fund “Invest AD” has signed a memorandum of understanding with South Korea’s Ministry of Land, Transport and Maritime Affairs. Invest AD is a sovereign wealth fund worth 520 million U.S. dollars that is owned by the Abu Dhabi government with a mission to invest...
[ Dubai, UAE ] In a week that saw Istithmar cede controle of Barneys New York to Perry Capital, Istithmar World purchased the remaining 50 percent ownership of Atlantis The Palm for aboug $250 million, from resort operator Kerzner International Holdings. Kerzner International will continue as resort manager. Istithmar World...
