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Sheikh Hamdan forms Supreme Committee for Urban Planning in Dubai


Sheikh Hamdan forms Supreme Committee for Urban Planning in Dubai
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Sheikh Hamdan forms Supreme Committee for Urban Planning in Dubai
It will be chaired by Mattar Mohammed Al Tayer and is tasked with implementing the deliverables of the Dubai 2040 Urban Master Plan
May 31, 2021
A new Supreme Committee for Urban Planning has been formed in Dubai to regulate and govern of urban planning in the emirate, as well as implement the deliverables of the Dubai 2040 Urban Master Plan.
The committee was formed by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, via a Council’s Resolution No. (18) for 2021. ....

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Dubai forms urban planning committee for grand masterplan


DUBAI: The Dubai crown prince has created a new government committee to ensure urban planning aligns with the city’s 2040 master plan.
Sheikh Hamdan bin Rashid Al-Maktoum said the committee would be chaired by Mattar Al-Tayer, who will ensure projects are aligned with the emirate’s goal of becoming one of the most livable cities in the world.
“The committee is tasked with overseeing the urban planning sector and the Dubai 2040 Urban Master Plan’s aims to enhance quality of life,” the crown price said in a tweet.
The emirate’s rulers earlier announced the Dubai 2040 Urban Master Plan, that includes a major expansion of residential, recreational, and commercial spaces. ....

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Dubai sets up new panel to oversee 2040 Urban Master Plan


Dubai sets up new panel to oversee 2040 Urban Master Plan
DUBAI, 4 hours, 1 minutes
ago
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, has issued a resolution, forming the Supreme Committee for Urban Planning in Dubai. 
 
It is aimed at regulating and ensuring the governance of urban planning in Dubai as well as implementing the deliverables of the Dubai 2040 Urban Master Plan.
 
As per the resolution, the Supreme Committee for Urban Planning will be formed under the chairmanship of Mattar Mohammed Al Tayer, the General Commissioner of the Infrastructure, Urban Planning and Wellbeing Pillar with the Managing Director and CEO of Dewa; the Director General of Dubai Municipality; the Director General of Dubai Development Authority among its key members. ....

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Dubai Islamic posts $232m net profit for Q1


Dubai Islamic posts $232m net profit for Q1
DUBAI, 4 hours, 20 minutes
ago
Dubai Islamic Bank, the largest Islamic bank in the UAE and the second largest Islamic bank in the world, has posted a net profit of AED853 million ($232.2 million) for the first quarter (Q1) of the year, rebounding strongly from last quarter.
Q1 highlights:
•    Total income reached AED2.8 billion as the bank continued to display resilience in the given economic scenario.
•    Profit before impairments rose to AED1,614 million compared to AED1,592 million in the same period last year.
•    Operating expenses of AED612 million were lower by 27% year on year vs AED839 million, driven by stringent cost discipline and materializing of substantial integration cost synergies. ....

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