Al Wasl Overhaul to Prepare for Next Season
Dubai – UAE, 12July 2011 – In keeping with recent developments that have been made by Al WaslFootball Company to prepare for a monumental up and coming season, Al Wasl hasannounced a complete overhaul of its facilities in order to anticipateincreased attention from the media, sporting enthusiasts and fans alike.
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Rapid Growth Prompts Office Move For OW Bunker Middle East
OW Bunker, one of the world’s leading suppliers and traders of marine fuel, today announced that OW Bunker Middle East is relocated to a new, larger office in Dubai on the back of rapid growth in its trading business and strong prospects for the year ahead.
Read more on Zawya

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Crowds jostle for ‘fire sale’ property – and spend €16m
A LARGE period house on Ailesbury Road and a smaller redbrick on one of the most sought-after roads on Dublin’s northside were the two biggest sellers at the second Allsop/Space distressed property auction which took place in the Shelbourne Hotel yesterday.
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Graffiti leaves its imprint on UAE
Graffiti leaves its imprint on UAE
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3-year property visa to open doors to driving licence, schools for holders
The new three-year property visa announced by the UAE Federal government is likely to make life easier for those who opt for it.
Read more on Zawya

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Asian Activities Report for June 30, 2011 includes: Axiom Mining (ASX:AVQ) Granted Gold and Copper Exploration Licence …
Asian Activities Report for June 30, 2011 includes: Axiom Mining (ASX:AVQ) Granted Gold and Copper Exploration Licence in Vietnam
Read more on MENAFN

Liz Taylor’s jewels, fashion set for December auctions
Actress Elizabeth Taylor’s renowned collection of jewelry, works of art, fashion and memorabilia will be sold in a series of auctions. In keeping with Taylor’s humanitarian work, a portion of the proceeds will be donated to The Elizabeth Taylor AIDS Foundation.
Read more on MSNBC

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Kabul Bank fraud claims probed
Afghanistan’s biggest privately owned bank is being investigated following allegations of mismanagement.
Read more on Al Jazeera

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Easing of bank loans urged
DUBAI – Dubai businessmen recommended to the UAE Central Bank UAE Central Bank to address pressing issues of restricted bank lending to businesses, new auto loan financing system and to clarify the mechanism of doing business with Iranian companies.
Read more on Zawya

American International Industries Appoints S. Scott Gaille as President
HOUSTON and KEMAH, Texas — American International Industries, Inc. (OTCBB:AMIN) (OTCQB:AMIN) today …
Read more on citybizlist Houston

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Located in the massive Dubai Mall, the Dubai Aquarium is arguably one of the most popular attractions in the city. This breathtaking aquarium is home to a wide variety of sea dwellers which swims around freely in the 10 million litre water tank. Known as one of the largest of its kind in the world, the aquarium even features colourful corals and different varieties of plants that grow on the seabed. Home to over 30,000 sea creatures this amazing facility is a structural masterpiece and is definitely a must see attraction in Dubai. The exceptionally large acrylic panel which is also one of the largest in the world offers a peak into the aquarium for the thousands of visitors who frequent the mall.

The impressive list of animals showcased in the aquarium consists of 140 fish species among other animals. Those who would like to get a closer view of the 400 sharks of the aquarium can always book a caged dive and watch these gifted predators cruise by. Meet the adorable Gentoo Penguins at the Dubai Aquarium and observe their curious behaviour. Watch them trot along the replicated ice covered environment and dive in and out of the water as they please. Anyone with a thirst for knowledge on sea creatures has a chance to learn all about these wonders of the deep by going through the informative educational programmes conducted at the facility itself.

Looking for a hotel in Dubai? Raffles Dubai, UAE comes to mind as a favourable choice. This flagship Dubai hotel is located in the heart of the city offering convenient access to many of the city’s key tourist attractions.

There is no place like Dubai Marina. The ultimate in urban lifestyle blends perfectly with the splendour of a true marina. Dubai Marina is at the centre of Dubais new, fast paced business hub. The marinas neighbours include Dubai Internet City where the worlds leading corporations explore the new frontiers of cyberspace, Dubai Media City, where the regions news and other communication professionals have made their home, the renowned American University in Dubai, as well as, the forward-thinking Knowledge Village. Dubai Marina is also conveniently close to Emaar Business Park and Jebel Ali Free Zone. Journalists, students and captains of industry can often be found soaking up the unique atmosphere at the Marina or meeting for lunch at one of the waterfront restaurants.

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Europe’s Highest Apartments Pierce the Clouds in London’s Shard Skyscraper
No one moves to London for the weather, which is just as well if you buy an apartment at the top of London’s Shard skyscraper, the highest in Western Europe. Residents may sit in or above the clouds on about one in four days a year, obscuring the spectacular views.
Read more on Bloomberg

Deputy Director General of DHA inspects Hatta Hospital
United Arab Emirates, Dubai, 20 June, 2011: His Excellency Khalid Al Shaikh Mubarak, Deputy Director General of the DHA and Dr Mohammad Al Olama, CEO of Hospital Services Sector accompanied by Directors from various sections of the DHA, recently visited the Hatta Hospital to get an overview of the services provided at the hospital.
Read more on Zawya

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Thanks mostly to new laws regarding the foreign ownership of land in Australia, there are more offshore investors in Queensland property than ever before. The Foreign Investment Review Board changed laws concerning foreign ownership in late 2008. Before that, offshore investors could only own up to 50% of any Australian property. Under the new laws, full foreign ownership in brand new residential construction is now permitted.

The Allure of Australian Real Estate:

Although the pace has picked up significantly in recent years, foreign investors have long been enamoured of the Australian real estate market. Indeed, buyers agents Brisbane are regularly hired by investors from Russia, China, Malaysia, South Africa and other far-flung places. With the help of a buyers agent Brisbane, such investors seek to make exceptional money through well-placed real estate investments in Queensland – especially in Brisbane and the Gold Coast. With full ownership now possible, it’s clear that foreign investments in Australian property are only going to escalate.

Who’s Doing the Investing?

There are two main players when it comes to offshore investing in Australian property: Russia and China. The Chinese invested approximately .76 million in the last year alone; Russians invested approximately .7m themselves. Since it’s only been a little more than a year since the new laws went into effect, it is quite likely that these numbers are only going to grow going forward. What’s clear is that the Russian, the Chinese and many others are achieving very great success with their Australian property investments.

The Chinese have been investing in Australian property for quite some time. and continue to be the biggest foreign buyers of property in the country. A country that is catching up quickly though is Russia, due to its economy as its fast changing demographic points are prompting many citizens to buy into the real estate market. Success in the mining and oil industries has armed many Russians with the means to invest seriously in real estate – and Australia is a natural choice. Furthermore, a growing middle class in Russia means that there are more people with expendable income than ever in that country.

The Dubai Connection:

Not only due to the fact that the laws in Australia have changed, but developments in Dubai have had substantial impact on the broadening popularity of offshore investment in Australia. The real estate market in Dubai collapsed, leaving many investors high and dry – and scrambling for new, more reliable opportunities. For many of them, Australia was a natural choice. Close on the heels of the Dubai real estate market crash, Australian rules and laws changed, opening up the playing field to more foreign investors. All of these converging factors have created key opportunities for offshore investors in the Australian real estate market.

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Business : RAK Properties begins delivery of Julphar Towers
DUBAI — RAK Properties, on Sunday said it began delivery of freehold commercial and residential units at Julphar Towers.
Read more on Khaleej Times

Deals galore at Cityscape Jeddah
JEDDAH: Cityscape Jeddah 2011 ended on Monday on a high note with a significant number of major projects launched and strategic agreements signed.
Read more on Zawya

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