News tagged "Uae"

Dubai Silicon Oasis to get new US$ 533 mn college hospital

Dubai Silicon Oasis to get new US$ 533 mn college hospital

12th June 2014

Soliman Fakeeh Hospital, a Saudi Arabian hospital has decided to build a US$ 533 million college hospital in the Silicon Oasis, Dubai. An Italian firm has been appointed to design the 300 bed hospital cum medical college project and it is scheduled to be completed by the last quarter of 2017. soliman fakeeh

 “The SAR 2bn medical academic project that the Soliman Fakeeh Hospital plans to establish in collaboration with the UAE at Dubai’s Silicon (Oasis)  is part of the hospital’s expansion plan,”  stated the chairman of the Board of Directors and CEO of the Soliman Fakeeh Hospital Mazen Fakeih in a statement to Arab News.[..]

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Abu Dhabi launches hi-tech Science Center to be constructed at Masdar City

Abu Dhabi launches hi-tech Science Center to be constructed at Masdar City

11th June 2014

The Technology Development Committee (TDC) of Abu Dhabi has launched a new state- of- the- art science center dedicated to informal science education in Abu Dhabi named Abu Dhabi Science Center (ADSC) spread over an area of 6500 square metres in Masdar City.abu-dhabi-science-centre-masdar-city-373001 The design phase of the new centre is now complete, and the construction stage is set to begin, with the centre due to officially open in the second half of 2016. The initiative is part of TDC's efforts to establish a vibrant science, technology, and innovation (STI) base in the Emirate following global practices in science popularsation, aimed at inspiring youth towards STI education and careers. Seven themed galleries featuring over 200 interactive exhibits and 120 educational programs have been designed for children ages 6-11, and developed to support and enhance the ADSC visitor experience. Opportunities for participating in gallery walks, taking part in hands-on laboratory experiments, and spending a school holiday week in science day camp or a Saturday in a science club are all part of an extensive program menu that will be available to children. Featuring a 12 metre domed, 75 seat planetarium and space exploration simulator, the Universe and Planetarium Gallery links today s space and planetary sciences to the history of the region. Sponsored by Mubadala, as part of its commitment to prepare today's youth for the vital role they will play in the UAE's economic and social development, this gallery showcases 20 exhibits that help visitors understand our solar system, the lunar calendar, the changing of seasons as well as the physical properties of asteroids, comets and stars including our own sun.[..]

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Mandarin Oriental Hotel to debut in UAE through Wasl Properties in Dubai

11th June 2014

Luxury Asian hotel operator, Mandarin Oriental Hotel is likely to enter the UAE market as Wasl Properties today revealed its intent to build the first Mandarin Oriental hotel in Dubai. An earlier project plan to build a Mandarin Oriental Hotel on Saadiyat Island in Abu Dhabi was put on hold in 2012. According to Wasl Properties, 235-key Dubai hotel will be built on a site at Jumeirah Beach Road. Enabling works on the site are already around 80 percent complete and a tender for the main contract to build the property is likely to be floated towards the end of the year.[..]

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UAE Central Bank Hints at Dubai Real Estate Markets Likely Overheating-Land Department Denies Likelihood

UAE Central Bank Hints at Dubai Real Estate Markets Likely Overheating-Land Department Denies Likelihood

10th June 2014

On Sunday the UAE Central Bank came out with a warning that the real estate markets in Dubai were possibly overheating, stating in its financial stability report that, "Current average rental yields in Dubai and Abu Dhabi are approximately 70 and 130 basis points below historical averages, which could indicate growing imbalances - overheating real estate market. "[..]

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