Tag Archives: horoscope
Dubai tramway trial run begins smoothly
Dubai tramway trial run begins smoothly 26 January 2014 The trial run of the Dubai tram began today, with the RTA carrying out a technical run of the tram in the depot’s rails, before carrying out a test run along a distance of about 2km. Photo by Rahul Gajjar/Khaleej Times Each tram consists of seven coaches, with 11 trams due in the first phase of the tramway operation and a further 14 to be added later on. The 14.6km Dubai Tramway extends along Al Sufouh Road in Jumeirah Beach Residence, and the initial phase of the project envisages the construction of a 10.6km long track starting from the Dubai Marina and stretching up to the Tram Depot near the Dubai Police Academy. There will be 17 passenger stations, of which 11 will open in the first phase. Al Tayer said he expected the tram will carry about 27,000 riders per day at the start of operations in 2014 and the ridership is “bound to hit 66,000 riders per day by 2020”. For more news from Khaleej Times, follow us on Facebook at facebook.com/khaleejtimes , and on Twitter at @khaleejtimes Continue reading
Dubai real estate brokers earn Dh1.8b in commission
Dubai real estate brokers earn Dh1.8b in commission Staff Report / 26 January 2014 Total real estate sales for 2013 accounted for Dh93.2 billion Buoyant property sector helped earned Dubai real estate brokers Dh1.8 billion in commission last year, the Dubai Land Department (DLD) revealed in a statement on Saturday. The figure encompasses the amount of commission earned by property brokers registered in the Real Estate Regulatory Agency (Rera), DLD’s regulatory arm, with the sum representing two per cent of the total value of recorded deals. “We have seen these high commissions because of the increased activity in the real estate market and in other economic sectors across Dubai,” said Yousif Al Hashimi, deputy chief executive officer of Rera. “The impressive figure is mainly due to the optimistic atmosphere among investors, particularly over the past few months period ….. that saw many regulatory initiatives launched by DLD and also witnessed Dubai’s winning bid to host Expo 2020,” he added. A recent report issued by DLD revealed that the total real estate sales for 2013 reached Dh93.2 billion, with transactions comprising all sales operations, such as selling usufruct, registering deferred sales and registering land addition by sale. The figure was calculated from the recorded buying and selling of different types of real estate units, including apartments, hotels and commercial offices in freehold areas. “We are keen to follow the highest standards of quality in order to guarantee the rights of all dealers in the market, as well as ensuring the implementation of transactions in an easy, smooth and accurate way,” said Al Hashimi. “We are able to achieve this by tracking all activities through our comprehensive database, which records all real estate activities across the emirate,” he added. Al Hashimi reiterated that no individual or company is permitted to work in real estate brokerage unless they are officially registered with Rera, pursuant to Regulation No 85 issued in 2006. This mandatory requirement identifies the names of individuals and companies engaged in property brokerage and records the rights and responsibilities of all stakeholders in the market. This stipulation, he said, is essential to ensure maximum transparency and competitiveness within Dubai’s property sector, as well contributing significantly to DLD’s efforts to be the first choice global real estate environment for attracting investment. — abdulbasit@khaleejtimes.com For more news from Khaleej Times, follow us on Facebook at facebook.com/khaleejtimes , and on Twitter at @khaleejtimes Continue reading
From one father of an ailing son to another
From one father of an ailing son to another Nivriti Butalia / 23 January 2014 Ali’s father gives the money he had after paying hospital bill to another needy father for treating his son. On Tuesday, Sayed Bawazeer’s three-month-old son Mohamad was released from ICU after spending three months at Al Baraha hospital. Sayed, whose salary is just Dh4,000, couldn’t pay the hospital bill of nearly Dh2,000,00, and he had to seek donations in order to get his son home. Readers came forward and the amount was secured. On Tuesday, the bill was finally paid. There was even some extra money. What Sayed decided to do with that money is a story and lesson in rare magnanimity – he gave the excess Dh30,000 to another needy father, Mohamed Altaf. By Wednesday afternoon, Sayed was on his way to visit Dubai Hospital where Altaf’s eight-year-old son, who is also named Ali, has been admitted in Dubai Hospital since August. Ali, ailing from bone marrow cancer has just had his 9 th round of Chemotherapy. Doctors want a bone marrow transplant to take place in February and Altaf is worried about the expense. Sayed visited Ali at 3.45pm on Wednesday. Ali’s father first refused the money, telling Sayeed that his son still had a hole in his heart, you will need this money for treatment. But Sayed stuck to his guns, spent time with Ali. “He’s such a sweet loving boy. We made a plan to eat pizza and home food once he’s out of hospital.” To read Ali’s full story, click here http://www.khaleejtimes.com/kt-article-display-1.asp?section=nationhealth&xfile=data/nationhealth/2013/December/nationhealth_December23.xml For more news from Khaleej Times, follow us on Facebook at facebook.com/khaleejtimes , and on Twitter at @khaleejtimes Continue reading
