Dh8 billion SRK Boulevard project revival on cards

August 6, 2014

SRK BoulevardAbu Dhabi, Aug 6: As the UAE’s real estate stages a strong rebound from historic lows after the global financial crisis, Bollywood superstar Shah Rukh Khan is seen to be an active player in the emirate’s fast-growing industry.

The legendary film star, entertainment mogul, sports magnate and the business-savvy actor is going to be back in the emirate’s property business with a bang by launching a Dh2.4 billion The Royal Estates by SRK project in Dubai today.

The superstar, also known as “King Khan” and owns Red Chillies Entertainment and the Kolkata Knight Riders, is also expected to be part of another landmark development in coming days by announcing a revival of seven-year old mega project in Ras Al Khaimah.

In an exclusive interview with Khaleej Times, Khan expressed his desire to revive Dh8 billion SRK Boulevard project “very soon”. The mega development was launched in 2007 but put on hold later in the wake of the global financial crisis. It was not the only development that was halted as several other projects across the UAE were also put on hold because of the financial crisis that badly hit the property business in Dubai.

“I’m not well versed with the real estate business. I did participate in a wonderful venture called SRK Boulevard and I hope I can restart the project soon,” Khan said.

Khan, who also owns a villa on Palm Jumeirah, didn’t rule out a property business venture in the future and said if there is an “exciting proposal” like SRK Boulevard, he might consider it positively.

“SRK Boulevard was really very exciting because I was designing the project and hopefully, maybe, we will be able to revive it again very soon,” Khan said. SRK Boulevard, comprising multiple residential towers on Dana Island off Ras Al Khaimah, was to house several hotels, a shopping centre and commercial complexes spread across 6.3 million sqm. King Khan, who was actively involved in from start to finish of SRK Boulevard, contributes extensively to the conceptualisation and design of the residential complex that bears his name and is expected to have a home in it.

According to industry sources, the project is likely to be re-launched under a new developer and its design concept is being currently reworked to add or remove certain components from the original plan.

Los Angeles-based architect Tony Ashai of Ashai Design Corporation, who was previously engaged to design SRK Boulevard, is now involved in The Real Estate by SRK to execute the Bollywood star’s dreams features in affordable housing project in Dubai’s booming market.

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Agencies
July 23,2020

Abu Dhabi, Jul 23: Muslims in the United Arab Emirates have been asked to perform Eid Al-Adha prayers at home even as mosques will be allowed to operate at an increased capacity of 50 percent from Aug. 3.

Mosques in the UAE have been operating at 30 percent capacity after they reopened on July 1.

Announcing the move, Dr. Saif Al Dhaheri, the official spokesman for the National Emergency, Crisis and Disasters Management Authority, stated that after assessing the situation and coordinating with the concerned authorities, it was decided that Eid Al-Adha prayers would be conducted in homes and takbeers broadcast through visual and audio means.

He also announced that the Emirates Fatwa Council has recommended that donations and sacrifices should be to official charitable causes in the country only.

Al Dhaheri advised the public to donate during this time to the official charitable bodies in the country with sacrifices and donations, through smart applications concerned with sacrifices or through slaughterhouses outlined by the local authorities that guarantee the application of precautionary and preventive measures and provide remote services without the need to enter livestock markets or slaughterhouses.

Al Dhaheri stressed the need to avoid family visits and gatherings, and replace them using electronic means of communication or phone contact, as well as refraining from distributing Eid gifts and money to children and individuals during this occasion recommending to instead use of electronic alternatives.

Al Dhaheri pointed out that it is necessary to avoid visiting pregnant women, children and those with chronic diseases who are most vulnerable to COVID-19 and not to allow them to leave the home and avoid going out to public places to preserve their health and safety.

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News Network
April 10,2020

Dubai, Apr 10: Saudi Arabia reported 364 new coronavirus cases and three new virus-related deaths, the Ministry of Health announced on Friday.

The total number of confirmed cases in the Kingdom is 3,651, out of which 2,919 are currently active, the ministry added.

Out of the new cases, 90 were recorded in Mecca, 78 in Medina, 69 in Riyadh, and 54 in Jeddah, the ministry said.

Meanwhile, the number of fatalities rose to 47, while th number of recoveries reached 685.

The daily number of confirmed cases in Saudi Arabia has not peaked yet, and has been rapidly accelerating.

Saudi Arabia’s Minister of Health had said earlier this week that four different studies showed that the number of coronavirus cases in the Kingdom could reach between 10,000 to 200,000 within weeks.

The ministry spokesman emphasized the urgent need for citizens and residents to remain at home and maintain social distancing practices to ensure that the virus does not spread further.

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News Network
May 18,2020

Abu Dhabi, May 18: Bollywood superstar Salman Khan has recorded a special message for Indian expats in the UAE as the country fights the coronavirus pandemic.

Khan - one of the biggest stars of Bollywood for decades - enjoys a large fan following in the Gulf, which is why Abu Dhabi roped in the actor to record a special video message for expats, urging them to cooperate with authorities in the capital and the country as they carry out sanitisation and testing programmes.

In the video, tweeted by the Abu Dhabi Media Office on Sunday night, the superstar appeals to Indians in Abu Dhabi to become heroes by staying home (stepping out for essential work/errands only), following precautionary measures and simply 'do the right thing' by getting tested if they have any Covid-19-related symptoms.

Khan, who has shot his recent super hit films (Race 3) in the capital, assured expats that Abu Dhabi authorities will not leave the community in these challenging times as it is a hospitable city who takes care of all residents.

"Following preventive measures also protects your family from the virus - so do the right thing as heroes do," Khan concludes.

The second phase of Abu Dhabi's sanitisation and testing in labour areas is underway, which started on May 16. Special testing facilities have been set up in the city for this purpose that test thousands of workers everyday.

As of May 17, UAE has confirmed over 23,000 cases along with over 8,000 recoveries and 220 deaths.

The country recently made a breakthrough in treating Covid-19 by using stem cells to help with the recovery.

The UAE leadership has thanked citizens and residents for their cooperation and assured that the country will take care of everyone in the country - with food and medicines being the red line, and that there will be no shortage of either during the crisis. Stimulus packages have been announced to help businesses stay afloat.

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