tag:blogger.com,1999:blog-76376513110872826612024-12-19T08:12:19.572+04:00Dubai is a city and emirate in the United Arab Emirates (UAE).The Maktoum Family, Sheikh Mohammed, rules Dubai.Tourism is an important part of Dubai.The Burj Al Arab is a luxury hotel in Dubai. Dubai debt crisis. Real Estate,property developer stop the construction of skycrapers Prominent Dubai construction companies Nakheel, Emaar, Al Fajer Properties are in trouble with investors. Rera Dubai and Dubai Courts regulate Real Estate disputes.Unknownnoreply@blogger.comBlogger959125tag:blogger.com,1999:blog-7637651311087282661.post-7461140669986920342011-12-14T21:11:00.000+04:002011-12-14T21:12:18.691+04:00

Criminal Complaint filed in Germany against Sheikh Maktoum Hasher Maktoum Juma Al Maktoum CEO of Dubai Developer Al Fajer Properties The Dubai Sheikh who mislead and extort a German Couple  Germany – Dubai 2011 A German elderly couple , today 80 + 50 years old who have been Dubai Tourists since a decade, bought in 2005 an apartment at Nakheel´s Dubai Residential Falcon Tower located

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-13008630335826118762011-06-17T04:02:00.001+04:002011-12-14T20:56:21.333+04:00

source Human Rights Watch www.hrw.org (Beirut) - The United Arab Emirates attorney general should immediately drop all charges against five pro-democracy activists to halt their trial, Human Rights Watch said today. The charges of "humiliating" top officials relate solely to the defendants' peaceful use of speech to criticize the UAE government and therefore violate their freedom of

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-7332724683159839762011-06-09T04:28:00.001+04:002011-06-28T20:01:13.296+04:00

June 5, 2011After 21 hearings, Chris O'Donnell, the Australian chief executive of Dubai's major developer, Nakheel, came to the defence of his former colleagues Matthew Joyce and Marcus Lee. Mr Joyce and Mr Lee are accused of profiting from the sale of land that had been earmarked for a colossal high-rise development, which was to include the futuristic construction known as the

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-82189687708241422582011-06-09T03:19:00.002+04:002011-06-28T20:01:13.301+04:00

Dubai June 7, 2011 Nakheel said on Wednesday that its CEO Chris O'Donnell had left the company "after completing his contract terms". O'Donnell, an Australian who joined the developer in 2006, said he had decided to leave Nakheel following five years spent with the company, the statement added. O'Donnell has overseen a traumatic time in Nakheel's history during which the developer behind Dubai’s

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-34042948829581412152011-05-18T03:15:00.001+04:002011-12-14T20:56:21.602+04:00

Dubai property developer Damac said on Tuesday it had filed an international arbitration case against Egypt over a land dispute and the conviction of its chairman and owner, Hussain Sajwani.A Cairo court last week sentenced Sajwani in his absence to jail and ordered him to pay a $40.5 million fine in connection with his 2006 purchase of land at Egypt's Red Sea resort of Gamsha Bay near Hurghada.

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-66458282191828268372011-05-16T01:54:00.001+04:002011-12-14T20:56:21.919+04:00

Investors in Dubai Palm Jumeirah’s Golden Mile complex will this week serve the developer behind the project with a legal ultimatum to hand over their units or issue them with a refund.Up to ten investors in the luxury complex plan to issue Souq Residences with legal notice in a bid to force a resolution to a dispute that has been ongoing for more than a year. “Most of us purchased these

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-54251144424426666392011-05-16T01:41:00.001+04:002011-12-14T20:56:21.713+04:00

source Arabian Business  The number of real estate developments in Dubai facing cancellation this year has risen from 300 to 500, the emirate’s property watchdog Rera Dubai said.Marwan bin Ghalaita from RERA Dubai told Arabian Business: “We have finished the technical review, site visits have already been done, so we know what stage the projects are at and the strength of the contractor. Now

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-38676409698561144092011-05-10T01:49:00.001+04:002011-12-14T20:56:21.624+04:00

Lee died under suspicious circumstances in Bur Dubai Police Station just weeks ago.The family are determined that Lee's death should not be in vain.His family currently fighting for justice for Lee and the truth about his final days amid many many obstacles.They will continue in the hope that highlighting the tragic death of such a kind and generous man will have a more far reaching impact on

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-24801280066912898822011-05-10T01:30:00.001+04:002011-12-14T20:56:21.466+04:00

Independent investigation urged into death of British detainee in UAE16 April 2011]The authorities in the United Arab Emirates (UAE) must ensure that the investigation into the death of a British citizen who died while in police custody is impartial and independent, Amnesty International said today.Lee Bradley Brown, 39, died on Tuesday in Dubai, six days after he was arrested by police and amid

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-63032772537153498892011-05-10T01:19:00.001+04:002011-12-14T20:56:21.882+04:00

Duba April 9, 2011 - Ahmed Mansoor, Human Rights Activist and Blogger from the United Arab Emirates , was taken from his apartment in Dubai on Friday April 8, 2011 afternoon,  he has not been heard from since he was taken from his Dubai apartment Friday, his wife said.CNN report that Lt. General Dhahi Khalfan Tamim, the commander-in-chief of Dubai police, said he was not aware whether Mansoor had

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-41756851731462050402011-03-31T22:06:00.001+04:002011-12-14T20:56:21.631+04:00

Jumeirah boss slams Brit poll branding Dubai ‘unsafeDubai 31 Mrach 2011 source Arabian BusinessThe chairman of Jumeirah Group, the state-backed hotel firm thatoperates Dubai’s Burj Al Arab, has spoken out against a poll branding Dubai oneof the least safe tourism destinations.A poll of British holidaymakers published last week placedDubai alongside Mexico, South Africa and Jamaica as countries

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-21872458988241106442011-03-31T19:19:00.001+04:002011-12-14T20:56:21.432+04:00

UAE - Egypt March 2011  source ahramonline EgyptSix prominent businessmen facing corruption charges in Egypt have offered to make financial reparations totalling some LE2.375bn, with one pledging to return five million square metres of land on the country's northern coast he is alleged to have gained illegally.The men - Ahmed Ezz, Mounir Ghabbour, Hisham Al-Hathek, Hussein Sajwani, Mohamed

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-67489116234376235962011-03-31T19:15:00.001+04:002011-12-14T20:56:21.933+04:00

ABU DHABI March 26, 2011  source The NationalThe UAE send six Mirage and six F-16 fighter jets to the country, according to a statement released yesterday by Sheikh Abdullah bin Zayed, the Minister of Foreign Affairs.The move isthe biggest military contribution yet by an Arab country to the operation, which is the most serious challenge to Col Qaddafi's four-decade rule.Sheikh Abdullah said the

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-12222236474704997962011-03-31T19:11:00.001+04:002011-12-14T20:56:21.320+04:00

DUBAI // Investors in one of Palm Jumeirah's biggest developments say they have been left out in the cold by a Dh1 billion (US$272.3 million) legal dispute between Souq Residences, the company behind the project and Nakheel, which built the group of islands.The investors in the Golden Mile who recently formed a group to advocate for their interests say they have yet to move in six years after the

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-82295876808582864032011-02-17T06:38:00.002+04:002011-12-14T20:56:22.068+04:00

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-32171216673331524092011-02-17T05:31:00.000+04:002011-12-14T20:56:21.553+04:00

Bahrain protesters hold ground - Middle East - Al Jazeera EnglishAnti-government protesters are continuing to occupy a roundabout in Manama, Bahrain's capital, after two days of violent clashes left at least two demonstrators dead. The protesters, pressing for a host of demands including political reforms and better human rights in the kingdom, are refusing to disperse, despite a rare apology

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-77377000900844419002011-01-19T20:56:00.001+04:002011-12-14T20:56:21.999+04:00

Dubai Property buyers who purchases units from the Dubai based developer Alternative Capital Invest (ACI) have received notices from the the liquidator in Germany. The letter said that investors who purchases units at ACI should file claims as part of the liquidation of several funds in Germany. Several funds of ACI filed bankruptcy in mid 2010 in Germany. The bankruptcy proceedings of those

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-61637763150883863182010-12-19T06:59:00.001+04:002011-12-14T20:56:21.739+04:00

The letter below is from Safi Qurashi where hehas beatifully explained who actually has broken the law and who hasbeen labelled a criminal.Safi Qurashi in the letter below has given a clear analogy of how inhis case the victim has become the criminal and the criminal has becomethe victim!source Justiceformydad.comImagine the following scenario: A thief breaks into your house, tries to steal your

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-86605206808478191892010-12-19T04:14:00.000+04:002011-12-14T20:56:22.087+04:00

A judge has ruled part of an investor's lawsuit filed against the Dubai developer Damac Properties may be heard by the Dubai International Financial Centre (DIFC) Courts.Lothar Hardt's closely watched suit against the developer is believed to be the largest filed against a developer in the emirate."I think this is very important for Dubai &" Mr Hardt said yesterday. "So far everything has

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-45783631509632227192010-12-17T02:58:00.003+04:002011-12-14T20:56:21.659+04:00

Arabian Business EXCLUSIVE: Poor Dubai building quality will damage market – Bin GhalaitaArabian Business EXCLUSIVE: Master developers ‘damaging’ Dubai property sector – RERA Arabian Business EXCLUSIVE: Homeowners’ charges ‘should be reduced’ for poor service – RERA CEO Bin GhalaitaArabian Business EXCLUSIVE: Investors should use force majeure to withhold payments – RERAArabian Business

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-81376203546560698752010-12-08T06:38:00.001+04:002011-12-14T20:56:22.058+04:00

Dubai’s Real Estate Regulatory Agency has only 5 Billion dirhams ($1.36 billion) remaining out of 7 billion dirhams originally deposited in escrow account it manages on behalf of buyers of yet-to-be-built properties, Arabian Business reported, citing Marwan bin Ghalaita, head of the regulatory bodyRERA, which oversees the account and disburses money to developers during construction, has barred

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-54482200555882944252010-11-25T06:39:00.001+04:002011-12-14T20:56:21.719+04:00

Al-Murjan Real Estate LLC, United Arab Emirates company equally owned by Umm Al-Quwain’s deputy ruler, Sheikh Abdullah bin Rashid Al Mualla, and Al KhalijiaInvestments LLC, cited failure to get government approval for the project and defaults by “nearly 50 percent of the buyers.Al Murjan Real Estate the owner of White Bay, an 8,000-home community in theemirate of Umm Al-Quwain, filed for

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-10571528870902632202010-11-25T06:19:00.002+04:002011-12-14T20:56:21.306+04:00

Safi Qurashi was a successful property developer.Until he was convicted of bouncing $80 million in checks by a court in Dubai and was sentenced to seven years in jail recently. Now he's begging Queen Elizabeth to save him, the Evening Standard reports. Queen Elizabeth arrived in the UAE yesterday on a state visit, and Qurashi wants her to save him, since she happens to be in town. So he wrote

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-25650690719674291602010-11-19T23:26:00.001+04:002011-12-14T20:56:21.489+04:00

Page III Aci Story Page IVPage 5 Page 6original source Spectator Business Issue October 2010

Unknownnoreply@blogger.comtag:blogger.com,1999:blog-7637651311087282661.post-32468688801302797122010-10-15T03:05:00.003+04:002011-12-14T20:56:21.560+04:00

Ironically, Ghalita’s comments come amidst reports source Kippreport - Its all our Fault- by Eva Fermandes It seems everyone’s favourite scapegoat has yet another cross to bear. A recent statement from a RERA official has blamed irresponsible reporting by the media for the “damage” suffered by Dubai’s real estate industry. Speaking at a conference, RERA (Real Estate Regulatory Agency) official

Unknownnoreply@blogger.com