Damac to deliver Oceanscape apartments four years late

Damac Properties has begun handing over apartments in its long-awaited Oceanscape project in Abu Dhabi. Most investors bought apartments off-the-plan in 2006, paying 30% of their purchase price in the first 120 days of reserving their property. After seven years Damac has finally finished the project, one of its first and probably last Abu Dhabi ventures. Despite being four years late, ...

Property owners feeling the squeeze from taxing bodies

FREEPORT — The Rock City Fire Protection District took advantage of low interest rates to give taxpayers a break this year. ';We owed about $500,000 on a new firehouse that we built several years ago,'; said Fritz Kuhlmeier, president of Citizens State Bank in Lena and a trustee for the fire district. ';We refinanced it last year and our principal and interest payments ...

French soldier stabbed in busy shopping area

View Photo Associated Press/Remy de la Mauviniere - Police officers stand near the cordoned off spot where a French soldier was stabbed in the throat in the busy commercial district of La Defense, outside Paris, ...

Hangover stars before they were famous

Before they were big and famous comedy franchise stars, the cast of "The Hangover" series sported weird dye jobs, took lesser-known drunken film roles, and sweated it out on open mic nights. Captions by Bryan ...

Indias Essar secures 3 contracts in Abu Dhabi

Indian EPC contractor Essar Projects (EPL) has secured three new orders totalling $80m in Abu Dhabi, Gulf Today has reported. EPL has been selected by Takreer for engineering, procurement, construction works, commissioning and start-up for a Spent Caustic Treatment Plant at Abu Dhabi Refinery. Samsung Engineering also awarded a contract to EPL for Civil Works for the Carbon Black & Delayed ...