DUBAI, 16 November 2006 — The Worldwide Property Show, leading exhibition for international real estate offerings, will open tomorrow in Dubai at the Grand Hyatt, with over 35 international exhibitors from 15 plus countries showcasing an array of international real estate investment options. The Worldwide Property Show, organized by real estate exhibition specialists DSL Exhibitions, will offer a one-stop platform for international real estate acquisition and related ancillary services by collating investors, sellers, landlords and finance providers under one roof. “
Deyaar Launches 35-Floor Tower
DUBAI, 16 November 2006 — Deyaar, real estate developer and wholly owned subsidiary of Dubai Islamic Bank, announced yesterday, the launch of The Burlington, a 35-floor commercial tower to be built in the Business Bay. The strategic location of The Burlington opposite the Icon Tower of Business Bay and facing the Dancing Towers, adds to the prominence of the tower. Zack Shahin, CEO of Deyaar, said, “The launch of The Burlington comes in line with our strategy of developing a series of commercial towers to address the need for increased office space in Dubai.”
DHL Completes Part of Jebel Ali Project
DUBAI, 16 November 2006 — DHL yesterday announced the initial stage of its $3.5 million expansion in Jebel Ali has been completed two years ahead of schedule. The culmination of DHL’s initial expansion was necessary to meet an unprecedented 40 percent increase in shipments. The expanded facility, situated on a 6000 square meters site in Jebel Ali Free Zone (JAFZ), not only bolsters DHL’s traditional express delivery capabilities, but also provides a solid platform to capitalize on the growing demand for tailored express logistics solutions and road freight.