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Second date added for Justin Bieber concert in Dubai
Justin Bieber is set to perform twice in Dubai next month due to overwhelming demand from fans of the teenage pop megastar.A second concert at the Dubai Sevens Stadium has been announced for Sunday May 5th, with Bieber already due to appear at the venue for his first ever performance in the Middle East on Saturday May 4th. Tickets for the first date sold out rapidly when they went on sale in September 2012.Promoter Done Events confirmed that the huge level of interest from fans in Dubai had made the second show a necessity.”We are very excited that Justin Bieber has agreed to extend his Dubai stay by another day to help fulfil the dreams of more regional fans,” said Thomas Ovesen, chief operating officer of Done Events.”Adding a second show to his first ever Middle East visit gives Justin Bieber and our team another great opportunity to accommodate the huge demand from Middle East fans,” he added.Tickets for the concert are now on sale, priced at AED 350 (£62). The 19-year-old Canadian singer is currently on the European leg of his Believe world tour, which is also due to reach venues in South Africa, China and North America.Confirmation of Bieber's second Dubai appearance in May was welcomed by Laila Suhail, chief executive of the Dubai Events and Promotions Establishment, who suggested the city's status as a major international concert venue is growing.”2013 has begun with a series of high-profile acts performing in Dubai. Adding a second Justin Bieber concert is further demonstration of our reputation as a leading events destination,” she said.Other music stars who have played live at venues in Dubai so far this year include legendary Guns N' Roses guitarist Slash, reformed British band the Stone Roses and Band Aid founder Bob Geldof. Continue reading
Office rent upturn highlights strength of Dubai’s property sector
The demand for office space in Dubai has risen so sharply in recent months that landlords have been able to bump up their rent.A new study by Jones Lang LaSalle (JLL) has shown that the tricky commercial real estate market finally showed signs of life in the first quarter of the year.While the residential property sector has been going from strength to strength in the past year, the clamour for office space has not been anywhere near as intense, but this appears to be changing.For the first time since mid-2008, all sectors of the emirate's property industry are well positioned and the future seems to be bright.Chief executive of JLL Alan Robertson is hoping to see a period of slower and more manageable growth than in previous years.”For some months now, we have seen sustained confidence in the Dubai real estate market, although it remains selective with the best performance focused on high quality assets in prime locations,” he remarked.According to the REIDIN general Residential Sale Index residential property sales increased by 18 per cent in the first quarter of 2013 when compared with the corresponding period in 2012.As ever, it is the higher end of Dubai's property market that is attracting the most attention. The demand for villas and luxurious apartments in areas like Burj Downtown, Dubai Marina and Palm Jumeirah soared between January and March.Craig Plumb, head of research for JLL in the Middle East and North Africa region, believes Dubai's economy will continue to expand and foreign investors will see the city as an increasingly appealing place to secure new assets.”Dubai could even benefit from the continued uncertainties in the eurozone which may lead to a transfer of capital into the Dubai real estate market, given its safe haven status and attractiveness to offshore investors,” he commented.Around 28,000 new properties are expected to be built by the end of this year, which means investors will have plenty of excellent buildings to choose from when they scour the UAE market.Click here for your free property investment guide Continue reading
Bill Clinton: Dubai In “Strong Position” To Win Expo 2020 Bid
The former US President says the emirate’s model of “shared prosperity” is an inspiration for the Middle East. Former US President Bill Clinton has said that Dubai is in a “strong position” to win the bid for Expo 2020 thanks to the UAE’s achievements and its cultural diversity. Clinton, who visited the UAE to address the World Travel and Tourism Council (WTTC) in Abu Dhabi, told students at the American University in Dubai: “Places that have come back from the tough economic crisis the best and the quickest are the ones which have an operative model which creates cooperation across all sectors of society, races, religions, and ethnic groups, where people find a way to celebrate and are proud of their differences and they work together in shared responsibility. “That’s what Dubai and the UAE represent and I think you are in a strong position to win the bid for Expo 2020 because Dubai’s model of shared prosperity is more important today than ever and an inspiration to many countries in the Middle East.” Dubai is competing against four other candidate cities including Ayutthaya (Thailand), Ekaterinburg (Russia), Izmir (Turkey) and Sao Paulo (Brazil) to host the mega event. Staged one in five years and last held in Shanghai, the event provides a major economic boost as it attracts millions of visitors from around the world. If the emirate succeeds in its bid, this will be the first time the World Expo is held in the Middle East. The winning city will be announced in November 2013 following a vote by the 161 member nations of the Paris-based Bureau International des Expositions (BIE). Continue reading