Finance Ministry English news | Finance Ministry, Latest News & Live Updates in English | English News (Latest English News) at Lokmattimes.com

India PR DistributionNew Delhi [India], June 23: HH Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister, and Ruler of Dubai, announced one of his most ambitious futuristic development master plans for Palm Jebel Ali on May 31, 2023.Projected to be twice the size of Palm Jumeirah, Palm Jebel Ali is a mega project and a part of the Dubai 2040 Urban Master Plan.Spearheaded by leading developer Nakheel from the UAE, Palm Jebel Ali is a series of visionary projects incorporating 80 hotels and resorts, green landscaping, and other leisure and retail amenities across 13.4 square kilometers.The development project will raise the global benchmark in waterfront, adding about 110 km of coastline to Dubai and offering beachside living to 3500 families. Palm Jebel Ali will offer a luxury lifestyle and world-class amenities for residents and tourists, thereby boosting tourism in Dubai.Besides, the project will endorse the objective of the Dubai Economic Agenda D33 to consolidate Dubai's status as the world's top city for business and tourism. The visionary scheme aims to become an aspirational destination for the elite to live and explore. This groundbreaking project also marks the beginning of a new growth corridor in Jebel Ali.We have vast ambitions for the future and are confident that we can transform our grand vision for development into reality, said Sheikh Mohammed while unveiling the master plan. He added: Palm Jebel Ali will boost our urban infrastructure and crystalize the city's emergence as one of the world's metropolises.Furthermore, the project reflects the Emirate's strategic development plan focused on quality of life and happiness. With the announcement of the Palm Jebel Ali, Dubai has entered a new phase of development driven by innovation.This ambitious project represents Dubai's reputation as a thriving global business and tourism hub. Sheikh Mohammed stated that Dubai would remain committed to shaping a brighter future for our people and the world.Palm Jebel Ali will contribute to Dubai's sustainable development, offering endless growth opportunities for several sectors, including real estate and tourism. Sprawling across an area (13.4 sq km) twice the size of Palm Jumeirah, the project will feature lush-green spaces and unique waterfront experiences and attract families and visitors from every nook and corner of the world.The project will add about 110 km of coastline to Dubai and house around 3500 families, giving them unrivaled luxury beachside living, as reported by Wam. Additionally, it will feature 80+hotels and resorts and an extensive choice of sports and leisure facilities, contributing to Dubai's tourism sector, as per the reports.Sheikh Maktoum bin Mohammed, Deputy Prime Minister, First Deputy Ruler of Dubai, and Minister of Finance; Sheikh Ahmed bin Mohammed, Second Deputy Ruler of Dubai; and Mohammed Ali Shaibani, director general of the Ruler Court of Dubai, Managing Director of the Investment Corporation of Dubai, and Chairman of Nakheel, attended the unveiling ceremony.In line with the Dubai Urban Master Plan 2040, Palm Jebel will endorse the UAE's vision of providing the highest standards of urban infrastructure and facilities, boosting sustainable development, and facilitating the expansion of the population, which is expected to reach about 5.8 million by 2040.Dubai, the main metropolis in the United Arab Emirates, is unlike any other city on earth, thanks to its unparalleled socio-infrastructural development. With the expansion of one of Dubai's most ambitious projects, Palm Jebel Ali, Dubai is set to become the world's most beautiful tourist destination.The project will support tourism in Dubai, giving travel agencies opportunities to thrive and grow. These agencies will continue to cater to the needs of travelers requiring a Dubai Visa. With a fully digitalised visa application system, Individuals, families, and couples planning to explore the beauty of Dubai can obtain a Dubai visa online within just 24 hours of applying.Although each travel agency promises to offer the best services and packages at the best prices, here is a catch. Those seeking all-inclusive yet affordable Dubai packages from India must be selective about the agency, as not all are the same. Whether you're planning a leisurely vacation or a business trip, choosing the right agency will ensure a seamless flight to Dubai and a memorable stay in this captivating destination.(Disclaimer: The above press release has been provided by India PR Distribution.will not be responsible in any way for the content of the same)Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Finance MinistryFOLLOW

Finance ministry, Latest News

Abu Dhabi [UAE], July 2 (ANI/WAM): The UAE has expressed its full solidarity with the French Republic, stressing the ... ...

New Delhi, June 30 The government has authorised all public sector banks and eligible private sector lending institutions ... ...

New Delhi, June 30 The government has kept the interest rates for popular small savings schemes like national ... ...

Riyadh, June 20 The number of heat exhaustion and heatstroke injuries during the Haj pilgrimage this year in ... ...

New Delhi, June 28 The Finance Ministry on Wednesday said that there will be no change in tax ... ...

Dubai [UAE], June 26 (ANI/WAM): The Ministry of Health and Prevention (MoHAP), in collaboration with its partners in the ... ...

Bengaluru (Karnataka) [India], June 23 : Karnataka Chief Minister Siddaramaiah refuted claims that the burden of the 'Griha Jyoti' ... ...

India PR Distribution New Delhi [India], June 23: HH Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime ... ...