New homes ready for police families soon



DUBAI // A group of police officers and their families who had to move home five years ago to make way for the Dubai Metro are preparing to move into new houses by the end of the year.

A Dh390 million housing project was undertaken by the Roads and Transport Authority (RTA) to compensate families who were moved from Al Qusais to accommodate the construction of the Green Line there in 2007.

"As part of the functionality of the rail system, it is required to have a depot on either end of the line," explained Mr Abdullah Ali Al Madani, chief executive of RTA's Corporate technical support services division.

"One end of the Green Line happened the be in Al Qusais, where a Dubai Police residential neighbourhood was situated. We had no choice but to acquire the location to build our depot."

In 2007, the RTA demolished 322 homes to make way for the Green Line depot.

"The families have all been receiving compensation in the form of housing or rental coverage," Mr Al Madani said.

Annual compensation will stop when the keys to the new homes in Oud Al Muteena 2 are handed over to the officers at the end of the year.

The RTA began to build homes for the families in 2008 on a 180,000-square-metre plot, next to the Sheikh Mohammed Bin Rashid Housing Programme project.

Each house cost the RTA about Dh700,000 and will be built on 288 sq metres, with a built-up area of 350 sq metres.

The homes have five bedrooms, three bathrooms, two living rooms, a kitchen, maid's room, a majlis, and covered parking.

"We wanted to ensure that these homes were constructed to a very high standard, from central air conditioning to marble stairs and imported bathroom fixtures," said Mr Al Madani.

"We didn't just build houses, we took a desert and built a neighbourhood.

"We made sure they had complete infrastructure, including sewerage and stormwater network, and a fibre-optic data link."

The RTA has also built mosques, a social club, and a central park in the neighbourhood.

And to ensure the neighbourhood meets green building standards, all windows are tinted with double glazing, and thermal blocks were used in construction to improve heat insulation by 30 per cent.

TWISTERS

Director: Lee Isaac Chung

Starring: Glenn Powell, Daisy Edgar-Jones, Anthony Ramos

Rating: 2.5/5

Like a Fading Shadow

Antonio Muñoz Molina

Translated from the Spanish by Camilo A. Ramirez

Tuskar Rock Press (pp. 310)

RESULT

Arsenal 2

Sokratis Papastathopoulos 45+4'

Eddie Ntkeiah 51'

Portsmouth 0

 

COMPANY PROFILE

Company name: The Cloud

Started: 2018

Founders: George Karam and Kamil Rogalinski

Based: Hub71, Abu Dhabi, UAE

Industry: Food technology

Funding size: $10m+

Investors: Middle East Venture Partners, Olayan Financing, Rua Growth Fund

The specs: 2018 Mercedes-Benz E 300 Cabriolet

Price, base / as tested: Dh275,250 / Dh328,465

Engine: 2.0-litre four-cylinder

Power: 245hp @ 5,500rpm

Torque: 370Nm @ 1,300rpm

Transmission: Nine-speed automatic

Fuel consumption, combined: 7.0L / 100km

'Jurassic World Dominion'

Director: Colin Trevorrow

Stars: Sam Neill, Laura Dern, Jeff Goldblum, Bryce Dallas Howard, Chris Pratt

Rating: 4/5

Company profile

Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices

KEY DATES IN AMAZON'S HISTORY

July 5, 1994: Jeff Bezos founds Cadabra Inc, which would later be renamed to Amazon.com, because his lawyer misheard the name as 'cadaver'. In its earliest days, the bookstore operated out of a rented garage in Bellevue, Washington

July 16, 1995: Amazon formally opens as an online bookseller. Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought becomes the first item sold on Amazon

1997: Amazon goes public at $18 a share, which has grown about 1,000 per cent at present. Its highest closing price was $197.85 on June 27, 2024

1998: Amazon acquires IMDb, its first major acquisition. It also starts selling CDs and DVDs

2000: Amazon Marketplace opens, allowing people to sell items on the website

2002: Amazon forms what would become Amazon Web Services, opening the Amazon.com platform to all developers. The cloud unit would follow in 2006

2003: Amazon turns in an annual profit of $75 million, the first time it ended a year in the black

2005: Amazon Prime is introduced, its first-ever subscription service that offered US customers free two-day shipping for $79 a year

2006: Amazon Unbox is unveiled, the company's video service that would later morph into Amazon Instant Video and, ultimately, Amazon Video

2007: Amazon's first hardware product, the Kindle e-reader, is introduced; the Fire TV and Fire Phone would come in 2014. Grocery service Amazon Fresh is also started

2009: Amazon introduces Amazon Basics, its in-house label for a variety of products

2010: The foundations for Amazon Studios were laid. Its first original streaming content debuted in 2013

2011: The Amazon Appstore for Google's Android is launched. It is still unavailable on Apple's iOS

2014: The Amazon Echo is launched, a speaker that acts as a personal digital assistant powered by Alexa

2017: Amazon acquires Whole Foods for $13.7 billion, its biggest acquisition

2018: Amazon's market cap briefly crosses the $1 trillion mark, making it, at the time, only the third company to achieve that milestone

Dhadak

Director: Shashank Khaitan

Starring: Janhvi Kapoor, Ishaan Khattar, Ashutosh Rana

Stars: 3

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now

The specs

Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)

SPECS: Polestar 3

Engine: Long-range dual motor with 400V battery
Power: 360kW / 483bhp
Torque: 840Nm
Transmission: Single-speed automatic
Max touring range: 628km
0-100km/h: 4.7sec
Top speed: 210kph
Price: From Dh360,000
On sale: September

COMPANY PROFILE

Company name: Klipit

Started: 2022

Founders: Venkat Reddy, Mohammed Al Bulooki, Bilal Merchant, Asif Ahmed, Ovais Merchant

Based: Dubai, UAE

Industry: Digital receipts, finance, blockchain

Funding: $4 million

Investors: Privately/self-funded

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