Flash Opnion

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Top Picks

Flash Opnion

MERKEL DEFEATS DWARFS

German Chancellor Angela Merkel secured a historic third win...

ARAB SPRING COUNTRIES ABOUT TO GET OUT FROM BOTTLE’S NECK

Things are now getting more clearer in the global...

Flash

Owing to recent developments in the Middle East and...

Satanic plans for Strategic purposes

International economic and political currents seem to be conflicting...

Bold Steps Are the Only Route to Recovery

by Ahmed Fouda Jim Yong, World Bank chair person said...

Adieu to a Prince who will continue to inspire and guide us

Ahmed Fouda: Prince Saud Al-Faisal, a veteran Arab and...

Greeks our Loyal Friends in Sickness and in Health

  Ahmed Fouda We have close loyal friends whom we always...

5 Tips to Getting a Good Night’s Sleep with Quality Rest

In our fast-paced world, achieving a restful night’s sleep...

Egypt is transforming Sinai into a natural extension of the Nile Valley

In March 2016 president Abdel Fattah El-Sisi said to...

The Drums of War bang in Riyadh

No one will win if the world goes into...

How bad is the Equifax cyber breach and is there a sustainable solution?

Sounds like this breach that started out from 2011...

Ahmed Fouda: An engraved story of success that speaks for itself

“MEO is dedicated to provide credible & sound analysis...

Sephora: Years of Succsses

By Alaa Magdy Sephora is a French brand of cosmetics;...

Court is in session!

One of the most vital approaches to end corruption...

Who will pay for cheaper vehicles?

The EU-Egypt Association Agreement will gradually reduce tariffs on...

New partners in trade

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Dar Al-Ifta (Fatwa House) has set an integrated plan...

Must we spend more in Ramadan?

As the markets see its annual increase in food...

Electricity and metro on full alert during Ramadan

The Ministry of Electricity and Renewable Energy, Muhammad Shaker,...

Honouring Quraan reciters

The Ministry of Awqaf (Religious Endowments) organised last Sunday...

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The Drums of War bang in Riyadh

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Things are now getting more clearer in the global...

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Satanic plans for Strategic purposes

International economic and political currents seem to be conflicting...

The Ball is in Our Court

by Ahmed Fouda Now we are in the process of...

Sephora: Years of Succsses

By Alaa Magdy Sephora is a French brand of cosmetics;...

How bad is the Equifax cyber breach and is there a sustainable solution?

Sounds like this breach that started out from 2011...

How bad is the Equifax cyber breach and is there a sustainable solution?

Sounds like this breach that started out from 2011...

The sun determined to shine on the land of the Pharaohs

by Ahmed Fouda It has become quite normal that ambitions...

Sephora: Years of Succsses

By Alaa Magdy Sephora is a French brand of cosmetics;...

Egypt is transforming Sinai into a natural extension of the Nile Valley

In March 2016 president Abdel Fattah El-Sisi said to...

Choose , Move, or Lose

by Ahmed Fouda Now is high time to get right...

Court is in session!

One of the most vital approaches to end corruption...

Ahmed Fouda: An engraved story of success that speaks for itself

“MEO is dedicated to provide credible & sound analysis...

Top Picks

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Middle East Observer

Sunday, February 23, 2025

Vertix towers project in Dubai

Must read

Dubai-based developer Union Properties (UP) is planning to tender the construction works for its AED1.2 billion ($326.7 million) Vertex Towers project in January 2016. “Next month, we are going to launch the enabling tender for the project. We will be floating the main construction works tender, most probably, in January next year,” said Ahmad Khalaf Al Marri, general manager of UP. The project is in its final design stage, he said. Designed by Agostine & Raphael Group, The Vertex will consist of five high-rise towers ranging 20 and 45 storeys located at the entrance of the Motor City, UP’s master development on Sheikh Mohammad Bin Zayed Road.

The freehold buildings will house 700 units and 66,000 square feet of retail space. The project is scheduled for completion in 2019, with the first two towers likely to be delivered in early 2018. The Motor City is an automobile and motor sport theme park by the developer comprising five components: Dubai Autodrome, F1-X, Business Park Motor City, Uptown Motor City and Green Community Motor City.In February 2015, UP had sold its AED200 million ($54.5 million) Auto Mall, Motor City project, which it was planning to convert into a shopping mall, to Texture Global Investment for AED525 million ($142.9 million).

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