Dubai Creek to get US$163 million development
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Mon May 14, 2012 12:23 pm

UAE. Dubai Creek, the waterway that divides the emirate, is to be developed at a cost of AED600 million (US$163 million), enabling almost 400 large dhows and ships to anchor, The National reported, citing Hussain Lootah, the municipality’s director general.

The waterway will be deepened, a three-kilometer wharf will be built and the stalled Business Bay canal project will also be revived, according to the newspaper.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 23, 2018
UAE. Transformational reform is playing its part in stimulating the deal market across the region according to PwC Middle East's new report "TransAct ME - Deals trends and outlook for the Middle East" published today.
date:Posted: May 22, 2018
UAE. Cyber-criminals are turning their attention to the supply chain as a new means to exploit business data.
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UAE. A new defence is being developed that will allow companies to tackle the latest threats as soon as they appear on the network; Machine learning enables AI to detect patterns in all sorts of data sources and create behaviours based on recognized patterns.
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