Dubai Silicon Oasis Organizes Green Campaign to Mark World Environment Day

Dubai Silicon Oasis (DSO), the region’s premier integrated innovations hub for high tech industry, organized today a green campaign at its premises to mark the World Environment Day on 5 June.Assigned by the United Nations as a worldwide pledge to renew commitments for protecting and developing the environment, the World Environment Day has "Climate Change and Implications" as the central theme for the year 2009. Over 100 countries are anticipated to join this crusade on spreading awareness for combating climate change and preserving the ecosystems.As part of the day’s agenda, employees of the Dubai Silicon Oasis Authority volunteered to clean and plant trees at the property, demonstrating a strong sense of commitment towards the corporate social responsibility (CSR) agenda outlined by the management.Dr. Juma Al Matrooshi, Senior Chief Officer – Corporate Excellence & Support at DSOA from DSOA said: "Preserving our environment is a global priority nowadays, which needs to be highlighted in order to be understood by all our employees and partners. Our involvement in the world environment will reinforce the message."DSOA has been actively involved in global environment related initiatives, including the Earth Day 2009 that saw a network of more than 17,000 partners and organizations in over 174 countries drawing attention to the importance of resource conservation and environmental protection.

Pearl Dubai Breaks Ground for US$4-Billion Dubai Pearl Project

Pearl Dubai FZ LLC, a consortium of investors led by Al Fahim Group, today broke ground for Dubai Pearl, the world class US$4- billion mixed-use development, located in the heart of Dubai Technology and Media Free Zone (TECOM Investments).

Senior officials from Dubai Pearl and TECOM Investments were present at the ground breaking ceremony, including Mr. Abdullatif Al Mulla (Group CEO, TECOM) Mr. Ali BuRuhaima (Chief Officer Asset Development Zoning
Authority, TECOM) and (Mr. Abdul Majeed Al Fahim (Pearl Dubai).

Pearl Dubai FZLLC recently received the mobilization and excavation permits for the works. Dubai Pearl’s 1.7 million square feet of plot size will have a built up area of 17 million square feet. The anticipated concrete quantity is 1.2 cubic meters with an aluminum façade spanning 200,000 square meters.

The preliminary piling test has already begun in mid May, while the main contract is in the tendering stage. Dubai Pearl will combine an active business district with quality urban lifestyle, offering easy access to premium commercial and residential areas such as Dubai Media City and Dubai Internet City, as well as Jumeirah.