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Aldar Properties sold all 223 off-plan apartments and town houses at its new Al Hadeel scheme in Al Raha Beach as more than 600 people came to the Crowne Plaza hotel on Yas Island yesterday in the hope of purchasing a flat. The project is Aldar’s first to come to the market since April 2010.
Abu Dhabi, capital of the United Arab Emirates and home to 7 per cent of the world’s oil supply, unveiled a 20-year urban development plan that it says is flexible enough to respond to global economic changes.
A new set of standards intended to modernise grocery stores across the capital was introduced yesterday by the Abu Dhabi Food Control Authority (ADFCA). The rules, which include uniforms for staff, security systems, wider aisles and bicycles for delivering food, will be mandatory for all stores before the end of the year.
Some 40 public schools will be closed down and merged with bigger schools in their respective localities starting next academic year 2011-2012. Students, teachers and administrative staff of the affected schools will be relocated to other institutions.
Abu Dhabi’s Insurance House expects to achieve breakeven in less than two years, its chairman Mohammed Abdullah Alqubaisi said. Speaking to reporters on the sidelines of the listing of Insurance House shares in the Abu Dhabi Securities Exchange, Alqubaisi was optimistic that his company’s share prices opened with a premium of 15 per cent at Dh1.15.
Interiors UAE 2011 was formally inaugurated in Abu Dhabi by Shaikh Dr Hazaa bin Sultan Al Nahyan as the UAE capital's only design-led, luxury interiors event. Now on its fourth year, Interiors UAE 2011 has been at the forefront of introducing global design innovations and trends to the UAE and the bigger GCC region
The Abu Dhabi Food Control Authority (ADFCA) has announced the launch of an agricultural campaign in line with the strategic plans of the emirate for the year 2030. Winning the trust of the consumers for local farming products and attaining higher levels of food security are among the main motives behind ADFCA's reform drive in the farming sector.
Ferries and water taxis are planned to transport more than 1.5 per cent of the total 3.8 million commuters per day in Abu Dhabi by 2030, transport officials said yesterday. The service is meant to link the capital with some of the 200 islands of Abu Dhabi in the coming two decades.
Emirates Aluminium (Emal) expects to produce at full capacity of 1.5 million metric tonnes by 2014, said a top company official during the Aluminium Dubai trade show on Monday. Phase two of its smelter in Al Taweelah, which will produce an additional 750,000 tonnes, should be completed by the end of 2013