Wednesday, 13 March 2019

Burj Khalifa Shines in Colours of Croatian Flag

Burj Khalifa, the tallest building in the world, was dressed in colours of the Croatian flag. This is how Dubai welcomed Mayor of Zagreb Milan Bandić, who is visiting the largest city of the United Arab Emirates, reports Večernji List on March 13, 2019.

Bandić is supposed to meet there with Mayor Dawood Abdul Rahman al-Hajiri, and Mohamed Alabbar, owner of Eagle Hills, who will realise the City in the City project in Zagreb, also known as the so-called Zagreb Manhattan. The delegation travelled to Dubai upon receiving an invitation from al-Hajiri.

Bandić posted a photo of the Burj Khalifa in the colours of the Croatian flag on Facebook. “When Dubai is lit in Croatian colours... Greetings to my beloved Zagreb and all of Croatia!” Bandić wrote.

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The city authorities opted for Alabbar's offer last week, deciding it was better than the one sent by the concessionaire of Zagreb Airport, which also wanted to develop the area. Although the mayor said that the decision was not final, according to unofficial information he is in Dubai to negotiate and sign a memorandum of interest.

The new project will be developed at a one million square metres area bounded by the Sava river, Većeslav Holjevac Avenue, Dubrovnik Avenue and Cimermanova Street. Mayor Bandić supposedly likes the type of project that Mohamed Alabbar’s Eagle Hills is already developing as part of the Belgrade Waterfront.

There is no detailed information about the Zagreb project, since there are a number of steps which need to be done before the construction can begin, and the main one is amendments to the city urban planning documents. What could be agreed in Dubai is how the partnership between the city authorities and Eagle Hills will work, who will invest how much in the project and how the potential profits will be split. Mohammed Alabbar has already talked with Bandić in Zagreb, and they will now meet again in Dubai.

“Everything we have done in these 19 years pales in comparison with what will happen there”, said the mayor in mid-February talking about the "Zagreb Manhattan". The project is expected to be worth between a billion and a billion and a half kuna and more information should be known in a month to two.

This is just one of Mayor Bandić’s major projects which he has announced during 19 years of his rule, but many of them have never moved beyond the initial phase.

More news about the Zagreb mayor can be found in the Politics section.

Translated from Večernji List (reported by Mateja Šobak).

Wednesday, 6 March 2019

UAE Company Eagle Hills Selected for Zagreb Development Project

ZAGREB, March 6, 2019 - Eagle Hills, a company based in the United Arab Emirates (UAE), has been selected as a possible partner for the "City within the City" development project in Zagreb, the Zagreb mayor's office said in a press release on Wednesday.

The commission responsible for examining letters of intent found that this company has the best references for future cooperation because of the way its projects treat urban zones.

The commission received three offers, two of which met the requirements of the public call, these being Bouygues Batiment International from France and Eagle Hills from the United Arab Emirates. References provided by the latter company prove its extraordinary experience in development projects relating to urban regeneration in fast-growing cities, the press release said.

The next step should be agreeing the wording of a memorandum of understanding and its signature.

Jutarnji List daily said on Tuesday that Eagle Hills includes a group of investors from Abu Dhabi who are behind the "Belgrade Waterfront" project. The company is run by Mohamed Alabbar, the founder of Emaar Properties, which among other things owns the Burj Khalifa skyscraper and the Dubai Mall, and its representatives have attended municipal government meetings in Zagreb.

The purpose of the "City within the City" project is to transform the area of 1.1 million square metres covering the Zagreb Trade Fair complex and the Hippodrome horse racing venue "into a new innovative mixed-use urban zone for various complementary purposes".

The call for expression of interest said that Novi Zagreb, the part of Zagreb south of the River Sava, does not have sufficient public, social, cultural, entertainment, commercial, sports and recreational facilities to meet the needs of its 120,000 residents, and that the planned project would improve the overall quality of life in the city.

More Zagreb news can be found in the dedicated section.

Monday, 18 February 2019

Croatian Companies Exhibiting at Largest Defence Industry Show in Abu Dhabi

ZAGREB, February 18, 2019 - Several Croatian companies are presenting their products at the IDEX defence industry exhibition in Abu Dhabi from February 17 to 21, the Croatian Chamber of Commerce (HGK) said on Monday. The Croatian companies exhibiting at the world's largest defence industry show are Šestan Busch, Galeb, Agencija Alan, DOK-ING, Odjeća and Čateks.

One of the novelties of the exhibition is that it includes more and more dual-purpose products, or those that can be used for both civilian and military purposes, the HGK said.

The HGK vice-president for industry and energy, Tomislav Radoš, said that Croatian defence companies are known as reliable suppliers of high quality products and that their exports exceed 100 million euro.

"Imports of goods designed for military use and non-military ordnance were reduced from 70 million euro in 2016 to 27 million euro in 2017. Recently, 34 domestic producers signed 314 million kuna (42.4 million euro) worth of military equipment procurement agreements for the Croatian armed forces. This speaks enough of the quality and standards that our producers have reached," Radoš said.

The IDEX show is expected to attract 1,200 exhibitors, 170 official delegations and over 100,000 visitors from some 60 countries.

More news on defence issues in Croatia can be found in the Politics section.

Monday, 30 July 2018

Croatia to Take Part in Dubai EXPO 2020

ZAGREB, July 30, 2018 - Croatia has selected and signed a rental agreement for a pavilion at the EXPO 2020 fair in Dubai which will be held between 1 October 2020 and 10 April 2021, the Tourism Ministry said in a press release on Monday.

Tuesday, 24 April 2018

Croatia's Tourism Presented in Dubai

ZAGREB, April 24, 2018 - The Croatian National Tourism Board (HTZ) has been presenting Croatia's tourism services at the Arabian Travel Market which, this year is celebrating 25 years as the leading global event for the Middle East travel industry.

Monday, 23 April 2018

EXPO 2020 in Dubai to Help Croatian Companies Do Business in UAE

ZAGREB, April 23, 2018 - Potential for economic cooperation between Croatia and the United Arab Emirates (UAE) is great, and the EXPO 2020 which will be held in Dubai will serve as a good opportunity for the promotion of Croatian companies in the country, Ivan Barbarić of the Croatian Chamber of Commerce (HGK) said at a Croatia-UAE forum in Zagreb.

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