Investment Prospects In Dubai
Dubai is the new hub of globalization, industrialization and growth. This opens new doors to investments in this soaring city. The investment prospects here are bright, alluring and advantageous. The main reasons for this are the growth of the nation in all spheres-economically, politically and culturally. As compared to the other Arab nations, this city is astronomically different. This is mainly because it is more modern and cosmopolitan in its outlook. The other reasons for the bright investment prospects here are • The exchange rate is highly favorable • The weather conditions are sunny and pleasant throughout the year • The nation is the epitome of industrialization and globalization • The culture is very easy, modern and suits everyone • The nation has a tax-free policy that is very pleasant for investors • There is no Income tax or sales tax and this suits the lifestyle of everybody...
Posted : November 23, 2009 | 
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Property in Dubai, Abu Dhabi - Guide to Buying Property in the United Arab Emirates
Overview In recent years, the government of Dubai has reformed the property laws in that country. Through this reformation process, more and more people have found that buying residential real estate and investment real estate in that country is ever more attractive. Historically, many foreign nationals were reluctant to invest in real estate in Dubai because there was a great deal of uncertainty as to exactly what type of real estate interest a person could actually obtain by investing in real estate in that country. Specifically, the most desired type of interest in real estate is what is known as a freehold estate. Legally speaking, in Dubai and in other countries the world over, a freehold estate is one in which a person has an absolute interest in a piece of real estate and can convey that real estate to any other person or entity without any encumbrances to such a conveyance. It is the state in which a person has an absolute ownership interest ...
Posted : November 23, 2009 | Comments : 0 | Dubai and Abu Dhabi's Common Meltdown Woes
As the world awakens to its first recession in the 21st century, the two main business hubs of the Persian Gulf region, namely Abu Dhabi and Dubai, have also awakened to its repercussions in their own backyard. The two cities, which saw remarkable growth post-1990, do realize today, they will have to work for a common stake in the years to come. Neither Abu Dhabi nor Dubai could think of bracing through these testing periods without calling the other to join in. The two cities, with their commerce and landmarks, which include Abu Dhabi hotels and hotels in Dubai, are like two veins running the development through the whole of the UAE and Middle East. None of these could be separated or made to survive without the other. These two cities have galvanized the ethnic Arabs and the expatriates alike into unitedly working for a common dream, thus paving a way for immense economic and urban development in the region, in the past two decades. Nothing could be predic...
Posted : November 23, 2009 | Comments : 0 | The Most Popular Tourist Attractions of Abu Dhabi
Dubai is not the only United Arab Emirate which is a fast growing travel destination as more and more travelers are now visiting Abu Dhabi as well. This wonderful tourist destination has a lot to offer its visitors and you certainly won't get bored during your stay. If you are planning a visit then there are a number of tourist attractions which you should definitely see whilst in Abu Dhabi. Heritage Village The Heritage Village should definitely be on your list of places to visit during your vacation. You can learn more about the local culture and the way of life of the Bedouin. There are also a number of interesting shops at the Heritage Village where you can purchase unique local products. White Fort One of the most popular tourist attractions of Abu Dhabi is the White Fort which is also known as the Al Hosn Fort. It is one of the oldest buildings in the entire region. A wide range of activ...
Posted : November 23, 2009 | Comments : 0 | Dubai & Abu Dhabi Look Forward to Booming Real Estate
he property market market in the United Arab Emirates, one of the hottest in the world, is set to continue until 2015 and beyond, according to new reports. Real estate and construction markets in the UAE are primarily focused on Dubai, which has been booming for several years, and the newer market of Abu Dhabi. Two recent studies by HSBC and Damac Capital International of Dubai both indicate that supply will not catch up to demand for a number of years, keeping the markets strong. Traditionally the most popular locations with second-home buyers and British investors are Spain and France but Dubai is beginning to rival them. Dubai investment property is attractive due to its tax-free status, excellent facilities and low crime rate. International investors buying property in Dubai need to concentrate their search for properties in Dubai to the many Freehold Areas in Dubai. Properties that are suitable for foreign buyers include the following freehold zones: Dub...
Posted : November 23, 2009 | Comments : 0 | Abu Dhabi Sovereign Wealth Fund Invests in US Electric Car Company Tesla Motors
It is amazingly interesting where all the money goes when the US Government provides money to businesses, bailouts, spends money in Research and Development, or provides stimulus funding. Sometimes if you follow the flow of that money you have to ask yourself who on earth are we stimulating, and rather than making a really bad joke about the human scrotum here, let's just say, our stimulus promises to the American people leave a lot to be desired. The Tesla American electric car company has been given a tremendous amount of money to help fund its startup. Apparently, the move to electric cars makes a lot of sense because it helps us remove ourselves from the dependence on foreign oil. But maybe those nations that are in the Middle East are hedging their bets, as the Abu Dhabi Sovereign Wealth Fund invested heavily in its US car company Tesla electric motors. In this case, we are stimulating wealthy Arabs, yet at the same time we claim that we are rem...
Posted : November 23, 2009 | Comments : 0 | Introduction to the Abu Dhabi Property Market
Abu Dhabi is the capital of the United Arab Emirates and is the largest of the countries' seven cities located less than 200kilometres from Dubai. While Dubai has become a symbol of wealth and prosperity, Abu Dhabi is actually richer and more powerful, boasting 10% of the world's petroleum reserves and extremely rich Sovereign Wealth Funds. Abu Dhabi is following in Dubai's footsteps with plans to diversify the economy and move away from reliance on the energy sector. In September 2007 the government published Plan Abu Dhabi 2030 which outlines the city's evolution over the next 20 years or so, with emphasis on developing the tourism, industrial and real estate sectores. The city has already announced over US$270 billion in real estate projects, and in 2006 the doors were finally opened to international investors. Future development is divided in a similar way to Dubai with distinct areas serving well defined residential and commercial purpos...
Posted : November 23, 2009 | Comments : 0 | Abu Dhabi Real Estate - Can They Catch Up With Dubai?
There's good news for the investors who thought they were a bit too late in entering Dubai real estate market. Another "Dubai" is in making and this time the stakes are even higher. So far, Abu Dhabi has been quietly observing the growth of Dubai in terms of real estate like a sleeping giant. Government of Abu Dhabi has now started to take initiatives towards transformation into becoming or ever surpassing Dubai. Right now real estate market has everything working in its favor. Rising Economy:
The biggest Emirate by size, Abu Dhabi is one of the world richest cities in terms of Gross Domestic Product (GDP) and Per Capita Income. With crude oil & gas reserves projected to last another century, it is the 4th largest supplier of oil and also contributes to the United Arab Emirates economy more than 60%. All of these indicators prove that Abu Dhabi's economy can withstand the demands of upcoming boom in real estate industry. Real Estate Project...
Posted : November 23, 2009 | Comments : 0 | More Articles
Investment Prospects In Dubai...Property in Dubai, Abu Dhabi - Guide to Buying Proper...Dubai and Abu Dhabi's Common Meltdown Woes...The Most Popular Tourist Attractions of Abu Dhabi ...Dubai & Abu Dhabi Look Forward to Booming Real Estate...Abu Dhabi Sovereign Wealth Fund Invests in US Electri...Introduction to the Abu Dhabi Property Market...Abu Dhabi Real Estate - Can They Catch Up With Dubai?...News Headlines
Abu Dhabi Fund Appoints Arnold as Head o...
Published: 2009/11/23
Nov. 23 (Bloomberg) -- Abu Dhabi Investment Authority, the world’s largest sovereign wealth fund, appointed Tom Arnold as head its real estate unit in Americas.......
National Marine Dredging Wins $408 Milli...
Published: 2009/11/23
Nov. 23 (Bloomberg) -- National Marine Dredging Co., the United Arab Emirates-based company that deepens waterways, won an order worth 1.5 billion dirhams ($408 million) in Abu Dha......
Class 1 Fa il Suo Debutto Ad Abu Dhabi...
Published: 2009/11/23
Giovedì, 19 Novembre, ABU DHABI (E.A.U.): Class 1 testa le acque di Abu Dhabi per la prima volta con la sessione di prove ufficiali per il Abu Dhabi Grand Prix di questo fine sett......
Trade activity in Abu Dhabi bucks trend...
Published: 2009/11/23
The Abu Dhabi Department of Economic Development yesterday said trade in the emirate has increased during the global financial crisis.......
Abu Dhabi Islamic Bank appoints Amir Ria...
Published: 2009/11/23
Abu Dhabi, 22 November 2009 - Abu Dhabi Islamic Bank Abu Dhabi Islamic Bank ( ADIB ADIB ), one of the leading Islamic banks in the region, has announced the appointment of Amir Ria......
Abu Dhabi University strategic goals...
Published: 2009/11/22
Dr Nabil Ibrahim, Chancellor, Abu Dhabi University talks to Phil Blizzard about their contribution to the development of the emirate, diversification in funding and the opportuniti......
Published: 2009/11/23
Nov. 23 (Bloomberg) -- Abu Dhabi Investment Authority, the world’s largest sovereign wealth fund, appointed Tom Arnold as head its real estate unit in Americas.......
National Marine Dredging Wins $408 Milli...
Published: 2009/11/23
Nov. 23 (Bloomberg) -- National Marine Dredging Co., the United Arab Emirates-based company that deepens waterways, won an order worth 1.5 billion dirhams ($408 million) in Abu Dha......
Class 1 Fa il Suo Debutto Ad Abu Dhabi...
Published: 2009/11/23
Giovedì, 19 Novembre, ABU DHABI (E.A.U.): Class 1 testa le acque di Abu Dhabi per la prima volta con la sessione di prove ufficiali per il Abu Dhabi Grand Prix di questo fine sett......
Trade activity in Abu Dhabi bucks trend...
Published: 2009/11/23
The Abu Dhabi Department of Economic Development yesterday said trade in the emirate has increased during the global financial crisis.......
Abu Dhabi Islamic Bank appoints Amir Ria...
Published: 2009/11/23
Abu Dhabi, 22 November 2009 - Abu Dhabi Islamic Bank Abu Dhabi Islamic Bank ( ADIB ADIB ), one of the leading Islamic banks in the region, has announced the appointment of Amir Ria......
Abu Dhabi University strategic goals...
Published: 2009/11/22
Dr Nabil Ibrahim, Chancellor, Abu Dhabi University talks to Phil Blizzard about their contribution to the development of the emirate, diversification in funding and the opportuniti......
