Free zones are to be set up in Abu Dhabi to attract local and foreign investment and diversify the economy away from dependence on oil.
The zones will serve a number of industrial sectors, said Jaber Hareb Al Khaili, Chief Executive Officer of the Higher Corporation for Specialised Economic Zones.
“The government is studying the possibility of setting up free zones in the emirate,” he told Emirates Business. “The first will be announced very soon.
SOURCE: Emirates Business 24/7 – Abu Dhabi plans free zones.
Israel has reached a tipping point where, if plans for higher-density cities are not created within the next two to five years, cities throughout the country will face financial problems in social and municipal services and there will be a loss of open agricultural lands, Irit Solzi, chairwoman of the board and founder of the Movement for Israeli Urbanism said Monday.
The State of Israel currently has 7.3 million people and is predicted to naturally grow to 11.5 million by 2030, Solzi said. It is currently listed as the ninth-densest country in the world – between India and Belgium – with the highest densities found in the central cities of Bnei Brak, Bat Yam and Givatayim, according to the Central Bureau of Statistics.
read more @ the SOURCE: Jerusalem Post – Rethink urban planning to build wisely, save open spaces, group says
PA to invest $2b in urban projects
Some 1,400 businessmen attend Palestinian Authority’s financial conference in Bethlehem, pledge investments, discuss future of Palestinian economy.
The Palestinian Authority held a financial investors conference last week in Bethlehem. The conference, hailed a great success was led by Tarik Abbas – Palestinian President Mahmoud Abbas’ son.
The goal: To show the world the Palestinians have rehabilitated their economy and that the West Bank should not be considered a safe bet for overseas investors.
Read more @ the SOURCE: Ynetnews.com – PA to invest $2b in urban projects – Israel Money, .
In an unprecedented decision in the history of Cityscape exhibitions, the government of Abu Dhabi has requested that the premier real estate development and investment event be extended by one day. Cityscape Abu Dhabi will remain open for an extra day, now concluding on the evening of Friday 16 May.
SOURCE: Business Intelligence Middle East – News.
When you talk green in the Dubai, it’s can be assumed you mean golf courses. Conservation and ecotourism are not common parlance in the United Arab Emirates.
In four days at the Arabian Travel Market this week, I heard a slew of figures and superlatives to illustrate the UAE’s headlong goldrush to embrace tourism.
There’s the world’s tallest building still rising in Dubai, the biggest Guggenheim to open in Abu Dhabi and the world’s biggest stable of theme parks planned back in Dubai.
Green Spaces: April’s nominations
But only very rarely did sustainability arise – unless it concerned oil. Dubai’s runs out in 2016, hence the stridency to diversify now and consider the ramifications later.
At a “Going Green” seminar, David can der Meulen of Arabian Traveller magazine pointed out that US hotel chains operating in the Middle East, like Fairmont, have inhouse policies to cover energy efficient lightbulbs, paper and water usage. None of the UAE hotel companies have, he said.
Read more @ the SOURCE: Times Online – Can the Middle East ever be green?