1--------------------Nasa has developed a new high-tech material that uses electricity to significantly promote healing of injured wounds.
The material, called polyvinylidene fluoride (PVDF) has numerous possible applications, including wound healing
2---------------India’s first international arbitration centre
The Mumbai Centre for International Arbitration (MCIA), India’s first international arbitration centre, was recently inaugurated in Mumbai.
The material, called polyvinylidene fluoride (PVDF) has numerous possible applications, including wound healing
2---------------India’s first international arbitration centre
The Mumbai Centre for International Arbitration (MCIA), India’s first international arbitration centre, was recently inaugurated in Mumbai.
This is being seen as a major step towards making Mumbai an
International Financial Services Centre (IFSC) and providing an
arbitration platform for Indian business houses to negotiate commercial
disputes.
Key facts:
The MCIA will be an independent, not-for-profit organisation governed by a council comprising eminent national and international legal luminaries.
It can resolve disputes between different companies or individual.
It will have a 12-month timeline to complete arbitration seated in India and a prescribed fee structure as per the size of the disputed contract amount, which will enable both parties to know the cost of arbitral proceedings before they approach MCIA.
3---------------
Construction of world’s tallest building begins in Dubai
The tower, which will be the world’s tallest building by 2020, is part of the 6 sq-km Dubai Creek Harbour real estate project
Construction on what will be the world’s tallest building by 2020 has officially started in Dubai, home to Burj Khalifa, currently world’s tallest man-made structure.
Key facts:
The MCIA will be an independent, not-for-profit organisation governed by a council comprising eminent national and international legal luminaries.
It can resolve disputes between different companies or individual.
It will have a 12-month timeline to complete arbitration seated in India and a prescribed fee structure as per the size of the disputed contract amount, which will enable both parties to know the cost of arbitral proceedings before they approach MCIA.
3---------------
Construction of world’s tallest building begins in Dubai
The tower, which will be the world’s tallest building by 2020, is part of the 6 sq-km Dubai Creek Harbour real estate project
Construction on what will be the world’s tallest building by 2020 has officially started in Dubai, home to Burj Khalifa, currently world’s tallest man-made structure.
Dubai’s ruler, Sheikh Mohammed bin Rashid Al Maktoum, laid the
foundation stone on 10 October for the Tower at Dubai Creek Harbour,
according to a statement by the Dubai government’s media office.
“Years ago, we launched Burj Khalifa, the tallest skyscraper in the world,” Sheikh Mohammed said in the statement. “Today, we are celebrating the foundation of a new structure that represents another phase in our journey to be at the forefront of growth in various sectors.”
The project comes even as economic growth in the United Arab Emirates, which includes Dubai, is expected to be the slowest since 2010 after crude oil prices fell by more than half. Home prices may drop by 10% in 2017 after a decline of about 7% this year, according to Jesse Downs, managing director at real estate consultant Phidar Advisory.
The tower is part of the 6 square-kilometer (3.7 square-miles) Dubai Creek Harbour real estate project, a joint venture between Emaar Properties PJSC and Dubai Holding LLC. It is designed by Spanish architect Santiago Calatrava, who also designed New York City’s new transportation hub at the World Trade Center.
The tower will be “a notch taller” than the 828-meter Burj Khalifa, also developed by Emaar, the company’s chairman Mohamed Alabbar, said when the project was first announced in April. Bloomberg
“Years ago, we launched Burj Khalifa, the tallest skyscraper in the world,” Sheikh Mohammed said in the statement. “Today, we are celebrating the foundation of a new structure that represents another phase in our journey to be at the forefront of growth in various sectors.”
The project comes even as economic growth in the United Arab Emirates, which includes Dubai, is expected to be the slowest since 2010 after crude oil prices fell by more than half. Home prices may drop by 10% in 2017 after a decline of about 7% this year, according to Jesse Downs, managing director at real estate consultant Phidar Advisory.
The tower is part of the 6 square-kilometer (3.7 square-miles) Dubai Creek Harbour real estate project, a joint venture between Emaar Properties PJSC and Dubai Holding LLC. It is designed by Spanish architect Santiago Calatrava, who also designed New York City’s new transportation hub at the World Trade Center.
The tower will be “a notch taller” than the 828-meter Burj Khalifa, also developed by Emaar, the company’s chairman Mohamed Alabbar, said when the project was first announced in April. Bloomberg
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