Waste Water Plants Signed for Abu Dhabi & Al-Ain (Besix Group)

Besix to develop two waste water plants
Zawya Dubai - United Arab Emirates
Abu Dhabi - The Besix Group of Belgium has signed a joint venture agreement with ADWEA to build two waste water treatment plants in the emirate on build, own, operate, and transfer (BOOT) basis at a cost of Dh3 billion. ...The plants have a capacity of 300,000 cubic metres per day for Abu Dhabi and 130,000 cubic meters per day for Al Ain. ...Over forty years the Besix Group has built up an excellent reputation in the Gulf region. In the UAE, Besix has already done projects...

New Projects in Dubai and Abu Dhabi

Fairmont Hotels & Resorts announces new project in Abu Dhabi
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
Fairmont Hotels & Resorts announces a second project in the capital of the United Arab Emirates (UAE) on Abu Dhabi Creek. Positioned at the mainland gateway ...

Work Commences on $1.3B Universal Studios Project in Dubai
Commercial Property News - USA
Universal Studios will consist of five segments, two of which will center on renowned US destinations Hollywood and New York City. ...

GE Receives $500 Million Contract to Supply Power Equipment for ...
MarketWatch - USA
The company also has opened power plant offices in the region to oversee local projects. Emirates Aluminum is a joint venture between Dubai Aluminum Company ...

Dubai seeks expressions of interests for key role within new Health ...
Business Intelligence Middle East (press release) - United Arab Emirates
The new Dubai Health Authority (DHA) structure will ensure that health services are better positioned to meet the demand for better healthcare services in ...

Aldar Property Project Reports Sales Profits in Billions

UAE' Aldar Q2 profit soars on land, property sales
Reuters - USA
DUBAI (Reuters) - Abu Dhabi-based Aldar Properties ALDAR posted its second-biggest quarterly profit on the sale of land and property expects profit growth to be as much as 15 percent in 2008. ...

ALDAR Properties clocks a net profit of Dh2,602.7 in 2nd quarter ...
Gowealthy.com - Dubai,United Arab Emirates
ALDAR Properties, a leading real estate development firm in the UAE announced that the company has clocked a net profit of Dh 2602.7 in the second quarter ...

Aukett's shifts staff to focus on Middle East projects
Building Design - UK
The company's first major project in the region since the 1980s is a 600-bed hotel project for developer Aldar Properties on Abu Dhabi's 2500ha Formula One ...

UAE's Aldar H1 profits up 186%
Middle East North Africa Financial Network - Amman,Jordan
(MENAFN - Khaleej Times) The largest reality company by market value, Aldar Properties earned a net profit of Dh2.602 billion in the first half of 2008, ...

UAE Ajman Real Estate Contract Award

Escape real estate development to open by 2010 end in Ajman
Gowealthy.com - Dubai,United Arab Emirates
Escape equestrian community site in Ajman, initiates earth moving work, marking the real estate development's official ground breaking. The contract was given to Kazarooni Contracting Company of Ajman and after the earthwork villa construction will start on the 8.2 square million feet area in the UAE emirate ...

Twenty Five Top New Hotels Planned in Bahrain.

Top hotels on way
Gulf Daily News - Manama,Bahrain
TWELVE top new hotels are already under construction in Bahrain, with 25 more in the pipeline, it was revealed yesterday...The 12 hotels under construction are: Five star - Bahrain Rotana Hotel, Manama; Zallaq Resort Company, Kempinski Hotel, Salam Resort Bahrain, Desert Rose Ramada, Juffair and Ritz-Carlton 2, Seef.

Four star - Ibis Accor Hotels, Seef; Park Plaza, Juffair; Park Plaza, Seef; Relais and Chateaux, International Islamic Hotel, Seef and Kempinski Hotel. ...An assessor committee with members from Tourism Affairs and the hotel sector will assess the classification of each hotel and apartment and advise them.

Damac Awards $218m Contract for Lakeside Project.

Damac awards $219m IMPZ contract
Trade Arabia - Manama,Bahrain
Luxury lifestyle provider Damac Properties has awarded a Dh805 million ($219 million) contract to Intermass Engineering and Contracting Company for its Lakeside project at International Media production Zone (IMPZ). ...The company's previous two projects - the Crescent and Lago Vista in IMPZ... Lakeside will have studio and one-bedroom apartments with state-of-the-art accessories...

Also Damac Properties currently has five projects under development in under development in Egypt
Damac Properties, the luxury lifestyle provider and Middle East's largest private sector master developer, announced that it currently has five projects... Progress on all projects is ongoing, and Damac has upgraded the Park Avenue project at the Cairo/Alex Desert Road with an extra cost of LE170m whilst retaining the original unit prices. ...Nine Damac offices have been opened in Marghani, New Cairo, Orouba, Maadi, Nile City, Cairo/Alex Desert Road, Heliopolis, Sharm El Sheikh and Hurghada with an additional four to come.

Northern Emirates Infrastructure Project Dhs 16 Billion

Committee to manage Dh16bn for northern infrastructure
The National - Abu Dhabi,United Arab Emirates
A special committee is being formed to manage Dh16 billion (US$4.35bn) worth of new infrastructure projects in the northern emirates... The ministry was preparing to nominate a consultant who would conduct a study listing the importance of projects under a "master plan", which would be used... Dr Humaid expressed concern that the multibillion-dirham initiative might be at odds with the Umm al Qaiwain Municipality's own development plans ...

Amlak Finance Sells Apertment Developed by Dubai Properties

Amlak Finance sells 235 apartments at SkyCourts
AME Info (press release) - United Arab Emirates

Amlak Finance PJSC, one of the largest real estate financiers in the Middle East, announced that it managed to sell 235 apartments at SkyCourts, a freehold residential project in Dubai... This prime 235 unit complex is adjacent to 'The Villa', a luxurious community developed by Dubai Properties and is opposite to Academic City and Dubai ...'We offered similar competitive financing on the 128 units within the Remraam project and have seen a great demand for all the properties launched including Mogul 202 located in Discovery Gardens.

Global Launches Mushaa Real Estate Company.

KD30 Million Capital and Sharia'a Compliant
Al-Bawaba - Amman,Jordan
Global Investment House (Global) announced today the launch of Mushaa Real Estate Company (Mushaa) with a capital of KD30 million. ...Mr. Omar El-Quqa, Executive Vice President at Global said "The real estate sector is growing at an unprecedented level in the region, and is expected to continue growing. The real estate sector is... He mentioned that Mushaa's strategic plan for the first five years targets ownership and development of five to seven five star equivalent real estate properties in the GCC   ...

Ajman's New Dhs 1.4 Billion Infrastructure Project.

Ajman launched Dhs1.4bn infrastructure projects
AME Info (press release) - United Arab Emirates
'Ajman is claiming a prominent position on the UAE's architectural map following the ongoing infrastructure development projects in the emirate"... Additionally, projects in Dubai and Abu Dhabi accounted for 50% and 30% of the UAE's total construction activities, respectively. ...'A solid infrastructure is being implemented in Ajman with a total investment of about Dhs1.4bn in a bid to attract world-class real estate developers.  ...

Dubai Pearl Development AED 2.5 Billion Hotel Project

Dubai Pearl Unveils AED2.5B Baccarat Hotel Project

Zawya, Dubai - UAE

Dubai: 28th July, 2008: Pearl Dubai FZ LLC, a consortium of investors led by Al Fahim Group rolled out a lavish trip to Paris for 150 investors, offering an exclusive preview of the design and décor of the AED2.5 billion Baccarat Hotel and Residences project that will be completed at the Dubai Pearl development in 2011.... the Baccarat Hotel and Residences at Dubai Pearl will reflect the ingenious handcrafted work of Baccarat...

Another AED 2 Billion Project at Mirdiff Hills

Dubai Investments launches AED 2 billion Mirdiff Hills project
Al-Bawaba - Amman,Jordan
Mirdiff Hills is envisioned as a self-contained community comprising residential apartments, corporate offices and retail outlets. The project, which will have a total built-up area of 2.7 million square feet ...Obaid Al Salami, General Manager of Dubai Investments Real Estate Company, said, "Mirdiff Hills is a landmark project that is poised to become one of the most sought-after mixed-use destinations in Dubai. ...

Venture Capital Bank Awards D51 Nakheel's Island to dxb-lab

Venture Capital Bank awards D51 Island architecture and development to dxb-lab.
Al-Bawaba - Amman,Jordan
...Venture Capital Bank has granted the architecture and development of D51 Island in The World project by Nakheel to dxb-lab Architecture. Nakheel has approved the preliminary designs. ... "Island D51 may well become the boutique resort in Nakheel's World Development", notes Khalid Al Najjar, Partner and Founder of dxb-lab Architecture, ...

 

Arabian Canal Project Starts at Dubai Waterfront

Companies vie to kick off Arabian Canal project
The National - Abu Dhabi,United Arab Emirates
...the 75km Arabian Canal, a US$11 billion (Dh40.37bn) project that will produce one of the world's longest man-made waterways... The 75km Arabian Canal will flow from Dubai Waterfront, pass east of the planned Dubai World Central project's Al Maktoum International Airport and rejoin... The first package involves the excavation of an eight-kilometre stretch of the waterway at the northern end of the inland section of the canal. ...

 

Hill International Holding Talks for JV

Hill International seeks ties with GCC developers
Zawya - Dubai,Dubai,United Arab Emirates
Hill International is holding talks about creating joint ventures with developers in the GCC, a senior official has told Emirates Business. ... We are currently working on Shams Abu Dhabi. It is another very complex project – it is like building a new city. It has marine issues since it is also a ... Hill supports public and private clients on large mixed-use developments, healthcare projects, specialised buildings, infrastructure rehabilitation, transportation and environmental schemes ...

About Hill International: Since its inception in 1976, the company has serviced clients in virtually every construction market sector. No matter how large or small a project, Hill International offers a full range of services across the spectrum of construction markets.

Dxb-Lab Awarded D51 Island of World Island

Venture Capital Bank awards D51 Island architecture and ...
Zawya - United Arab Emirates
Dubai, UAE: Venture Capital Bank has granted the architecture and development of D51 Island in The World project by Nakheel to dxb-lab Architecture. Nakheel has approved the preliminary designs. ... Shahab Lutfi leads the development team with his vast experience as the Development Director of Business Bay at Dubai Properties. He has initiated signature ...

Dubai Real Estate Transparency Report

Jones Lang LaSalle Releases Real Estate Transparency Report, MENA ...
Al-Bawaba - Amman,Jordan
Findings of the report showed that Dubai registered the greatest improvement in real estate transparency globally over the last two years, and is also the ...

'Dubai is most transparent real estate market in Middle East'
Thaindian.com - Bangkok,Bangkok,Thailand
According to the report, Dubai's real estate market is more transparent than the BRIC (Brazil, Russia, India and China) markets. ... 

Dubai tops in realty transparency
AME Info - United Arab Emirates
Dubai is the region's most transparent market and the most improved in real estate transparency globally over the last two years, according to a Real Estate ...

Biggest Excavations: Arabian Canal Project

limitless to award canal contracts within weeks
Al-Bawaba - Amman,Jordan
Ian Raine, Project Director for the Arabian Canal said: "Construction of the canal involves one of the biggest excavations ever undertaken in the region.... It will run 2.5km to the west of the Dubai bypass and 5.5km to the east." Earlier this month, Limitless announced that pilot excavation work on the 75km ...

Longest Tunnel in Middle East Contracted to Saif-Samsung

Saif-Samsung JV bag US $815 million tunnel
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
A joint venture of South Korea-based Samsung Engineering and Abu Dhabi-based Saif Bin Darwish has won the contract for main construction works. ... Under a separate contract, the project also includes the construction of a 500m flyover that will link the city to Al Reem Island, which is currently under ...

MAG 218 Show Apartment at Dubai Marina

Show apartments at MAG 218 property at Dubai Marina ready
Gowealthy.com - Dubai,United Arab Emirates
The show apartments at MAG 218 Tower in Dubai Marina, built by MAG Group Property Development, leading real estate developer in Dubai, are complete. ... The MAG 218 residential tower consists of 555 apartments spread over 66 floors. ...

• MAG 218 Project Location at Dubai Marina
• Apartment Floor Plans
• Project External View
• Internal Property View

Dubai Real Estate Property Value up 1000%

Dubai land values have surged by 1000%
AME Info (press release) - United Arab Emirates
The value of property units in the Dubai real estate market are maintaining an upward trajectory, according to the Government of Dubai Land Department, ... The total value of land transactions in Dubai has been increase constantly since 2006, reaching Dhs111.41bn by the end of 2007, a 70% increase

Deyaar Development to Develop and Manage One Za'abeel

Deyaar to develop and manage One Za'abeel real estate development ...
Vista Dubai - Leeds,England,UK
Deyaar Development PJSC, the region's fastest growing real estate company, has signed an agreement with the Investment Corporation of Dubai (ICD), ...

Emaar Development Properties Writes Down $45 Million in USA

Emaar writes down $45m linked to US property

DUBAI - Emaar Properties PJSC, the Middle East's largest real-estate developer, wrote down Dh165 million ($45 million) related to its U.S. unit in the second quarter, Al Mal Capital PSC said, citing an analyst call.

...Emaar is building the Burj Dubai, the world's tallest tower, and plans to construct six hotels, a theme park and 1200 apartments as part of the Las Vegas-style Bawadi project ...

Sorouh Real Estate Profits Dhs Dhs 977 Millions

Sorouh Real Estate registers Dh977 million net profit in first ...
Gowealthy.com - Dubai,United Arab Emirates
... of Shams Abu Dhabi and other projects and acquisition of a strategic shareholding in LLJ Property LLC, the major Abu Dhabi-based real estate agency. ...

Sharaf Foundation: $21.7 Million for Five Projects (Two at Business Bay)

Dheeraj taps Sharaf Foundations for Culture Village & Business Bay ...
GulfNews - Dubai,United Arab Emirates
Dubai: Dheeraj East Coast LLC (DEC), a Dubai-based real estate company, on Monday awarded a Dh80 million piling and shoring contract to Sharaf Foundations ...

DEC awards $21.7m contract to Sharaf
Trade Arabia - Manama,Bahrain
The contract is for projects in its Culture Village and Business Bay. The three projects in the Cultural Village include the purely residential property ...

Awali Contracts Adnan Saffarini's Consultant Dhs 65 Millions

UAE- Awali awards Saffarini Dh65m contract for Awali City‎
Middle East North Africa Financial Network - Amman,Jordan
(MENAFN Press) Awali Real Estate Investments, one of the region's most reputed investment firms, has ‎awarded Adnan Saffarini Engineering Consultants the ...

New and Ongoing Projects In Dubai

$164mn road project nears completion
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
by Andy Sambidge on Sunday, 27 July 2008 TRAFFIC BOOST: The Financial Center Road Project will help ease congestion around the new Dubai Mall. ...

Limitless ready to award Arabian Canal projects
Business Intelligence Middle East (press release) - United Arab Emirates
It will run 2.5 kilometres to the West of the Dubai bypass and 5.5 kilometres to the East." Earlier this month, Limitless announced that pilot excavation ...

ACW Holdings provides UAE property market's best investment ...
AME Info (press release) - United Arab Emirates
Three exclusive freehold residential and serviced apartment developments located in the upcoming district of Jumeirah Village, New Dubai were successfully ...

 

ongoing

Fwd: Google Alert - Deyaar

Deyaar wins One Za'abeel
AME Info - United Arab Emirates
Deyaar Development will assume the development and management rights for One Za'abeel in agreement with the Investment Corporation of Dubai. ...

Mohammed Al-Abbar: Dubai Mall to Open with 30 Million Visitors

Dubai Mall to launch in August
Middle East North Africa Financial Network - Amman,Jordan
Commenting on the new lifestyle destination, Mohammed Ali Alabbar, Chairman, Emaar Properties PJSC said, "Business growth is about seizing the right ...Jim Badour, CEO of Emaar Malls Group, says: "The Dubai Mall is located in the heart of the Downtown ...

World's Largest and Most Presitgious Golfing Club Project - Dubai Golf City

Dubai Golf City boosts design and development team
AME Info
Sat, 26 Jul 2008 1:39 AM PDT
Dubai Golf City has appointed two world class industry professionals to deliver what will be
one of the largest and most prestigious residential and golfing leisure communities in the
world, located in Dubailand between the Dubai Polo Club and the Dubai Bypass Road.
Project Details for: Dubai Golf City.

MBI Assigns Consultants for Deerfields Town Square Project Abu Dhabi

MBI hires consultants for Abu Dhabi project
Trade Arabia - Manama,Bahrain
MBI, a venture capital firm with interests in real estate, has assigned a consortium of consultants for its 'Deerfields Town Square' project in Abu Dhabi... The Deerfields Town Square is a Dh1 billion ($272 million) mixed-use project located in Al Bahia area amidst new developments in Abu Dhabi such as Al Raha ...

Dubai Contracting Company DCC Awarded AED 244 Million Tower Contract

Dubai Contracting Company awarded contract for new residential ...
Al-Bawaba - Amman,Jordan
Dubai Contracting Company (DCC) was recently awarded the main contract to build a new residential tower in Dubai Marina valued at AED 244,000,000. ...

DAMAC Properties Awards AED 805 Million Contract

DAMAC Properties awards AED 805 million contract to 'Intermass ...
Zawya - United Arab Emirates
DAMAC Properties has awarded an AED 805 million contract to M/s Intermass Engineering and Contracting Co. LLC., for its Lakeside project at International Media... The accolades included awards for Best High-Rise Architecture for their Marina Bay Project in Abu Dhabi, Best Development for their Hyde Park project in ...

Abu Dhabi Begins the Longest Tunnel in The Middle East

Abu Dhabi begins construction on longest Tunnel in Middle East
SteelGuru - Gurgaon,Haryana,India
It is part of an AED 3 billion infrastructure project that also includes construction of a 500 meter flyover connecting the city to Reem Island, ...

Rwais's Aluminium Smelter May Hault $8.6 Billion Project

Ruwais smelter 'dead' for lack of gas
The National - Abu Dhabi,United Arab Emirates
A large aluminium smelter planned for Ruwais is "dead", after being denied access to cheap energy supplies generated by natural gas, the chief executive of Rio Tinto, a partner in the project, said yesterday...

...and Abu Dhabi Basic Industries Corporation (Adbic), had planned for the smelter to begin production of 700,000 tonnes of aluminium per year by 2010....

...Adbic officials declined to comment on Mr Evans's remarks....

...The delay in plant meant that Tameer, a Dubai developer, could not proceed with Al Salam city, an $8.6bn project. A 700000 tonne-per-year smelter being..

Sorouh Sets Securitisation Prices

UPDATE 1-UAE's Sorouh sets securitisation price guidance
Reuters - USA
By John Irish DUBAI, July 24 (Reuters) - United Arab Emirates developer Sorouh Real Estate has set initial price guidance for the sale of 4 billion ...
...Securitisation allows companies to package assets -- such as loans, rental properties or infrastructure projects -- and sell them to investors to transfer risk from their balance sheets, freeing up funds for expansion...

ALNO Supplies Kitchens to Cube Building UAE

ALNO lands contract to supply The Cube in Dubai with high-quality kitchens...
Al-Bawaba - Amman,Jordan
The total value of the project is AED 800m (EUR 138m). The BMG Group is currently planning a series of new projects in the Middle East, which may also be ...

...The Cube is an architecturally innovative building that takes account of the latest developments in environmentally sound building techniques. It is being built the Dubai-based BMG Group in Dubai's Sports City...

...The total value of the project is AED 800m (EUR 138m). The BMG Group is currently planning a series of new projects in the Middle East...

Cayan Investment and Development Awards Silverene Tower to Arabtec

Cayan Investment & Development awards Dhs638m contract to Arabtec ...
AME Info (press release) - United Arab Emirates
... the contract to construct the prominent Silverene Towers, located in world's most exclusive waterfront development at the Dubai Marina. The Silverene Towers will be constructed over a two year period and will be one of the most prestigious residential developments of...

...The company's Chairman, Mr. Ahmed Alhatti, said: 'The Silverene Towers will be one of the highest quality buildings in the region...

...'Silverene Towers will add to Arabtec's diversified portfolio of projects around the region and confirms Arabtec's commitment to working on...

Arabtec Holding PJSC is building the world's tallest skyscraper Burj Dubai and a listed company in the Stock Exchange Market.

Cayan Investment & Development : Cayan projects covers residential properties and commercial projects across the Middle East including Dubai and The Kingdom of Saudi Arabia. The company is also involved in studying projects in other countries in the region.

Snow Skiing in the Desert. Eighth Wonder of the World - Abu Dhabi - UAE

Jebel Hafeet at night, looking down and from Mercure Grand Jabel Hafeet

Engineers readying Jebel Hafeet for skiing
The National - Abu Dhabi,United Arab Emirates
ABU DHABI // A team of 114 German engineers have been laying the groundwork for a 2.6km indoor ski slope at Jebel Hafeet, the most well known of Abu Dhabi's mountains...

...The ski slope and much of the rest of the development will derive a portion of its power from solar panels...

...The development needs to be finished within five years so it is ready to host the International Ski Federation championship...

...The next year will see Tamouh focusing on its major projects on Reem Island and exploring the possibility of international expansions, in addition to...

...Tamouh's first project scheduled for completion, by next year, will be Marina Square....

Wikipedia Jebel Hafeet

Tunisia Real Estate to The Headlines

Tunisia Real Estate: At the Cusp of a Boom?
NuWire Investor - Bellevue,WA,USA
Tunisia is beginning to grab headlines as an international tourism destination...

...Tunisia's main economic sectors are tourism, agriculture, energy and mining. The country has benefited significantly from its 1998 trade agreement with the European Union.

...In 2007, Sama Dubai inaugurated a $14 billion development known as the Century City and Mediterranean Gate, according to ArabianBusiness...

...Real estate in Tunisia is a growing market that is beginning to attract international investment. Financiers of big property projects come mainly from Gulf countries such as The United Arab Emirat ... Tunisia from wikipedia

Dubai - Hatta Border Project: A New Vehicle Crossing

New border crossing at Hatta in Dubai
GulfNews - Dubai,United Arab Emirates
Dubai: A new border crossing at Hatta will be constructed at a cost of Dh15.5 million and will be ready within 12 months, a senior naturalisation department...

...Temporary offices and detours will be set up during the construction of this project in cooperation with the RTA to facilitate the flow of traffic and avoid congestion, Al Merri said ...

Al-Bandar Residence at Al Raha Beach To Get Their Units Sooner

Al Bandar scaling to new heights
Al-Bawaba - Amman,Jordan
Tenants of Al Bandar, the waterfront precinct in Al Raha Beach, can expect to move into their units starting from the fourth quarter of 2009...
...ALDAR Properties, Abu Dhabi's leading integrated property, investment, and management company, today reported landmark progress on the precinct...

Al-Raha Beach: The Gulfs most spectacular new address. A water front city, spread lavishly over 5.2 million square metres, creating the new gateway to Abu Dhabi, see the location of Al Bandar at Al-Raha Beach and many more developments.

Mixed News About Dubai Real Estate

Mazaya Real Estate Index expands to include major GCC cities ...
Zawya - United Arab Emirates
Dubai, 23 July 2008: Mazaya Real Estate Index, the first of its kind in the region, recently announced that substantial progress has been made in the ...

Sanaya Amman, the tallest real estate development in Jordan is ...
Gowealthy.com - Dubai,United Arab Emirates
Limitless, the global real estate arm of Dubai World, has broken ground on its $300 million real estate project, Sanaya Amman that will become the tallest ...

New Asset Management Executive Director for Sorouh Real Estate
AME Info (press release) - United Arab Emirates
In another sign of its significant growth, Sorouh Real Estate PJSC,one of the leading Abu Dhabi-based real estate developers, today announced the ...

DGAP-News: MCC Global NV Announces Expanded Hospitality Group ...
Ad-Hoc-News (Pressemitteilung) - Germany
... mixed-use development opportunities provided by the residential real estate crisis, MCCHLG is currently in negotiations with potential clients in Dubai, ...

Tameer Holding Expanding Business

Tameer planning to diversify business

Gulf Daily News of Bahrain was quoted

"MANAMA: Bahrain-based real estate developer Al Khaleej Development Company (Tameer) is considering transforming itself into an international investment...

..the company would become a publicly-listed investment firm that could practice investment in different business lines such as agriculture, industry, tourism, and energy..."

Ajman’s New Power Plant $2 bln 1000 MW

BSEL hails Ajman's $ 2 bln 1000 MW new power plant
Al-Bawaba - Amman,Jordan
Last Friday, (July 18, 2008) sections of media had reported that the Ajman government had announced a new power plant to be set up in the booming Emirate. ...The facility will provide adequate electricity to all the real estate projects in the city. BSEL Infrastructure Realty FZE, UAE, has high exposure in Ajman ...Investors and property buyers can now be rest assured that the decision made by the Emirate of Ajman will provide necessary support & infrastructure in the future...

Amlak Jordan Lunched

UAE real estate finance provider launches Amlak Jordan
Gowealthy.com - Dubai,United Arab Emirates
Amlak Finance, UAE's one of the largest real estate finance provider, has announced the launch of Amlak (Jordan PLC), previously Inwan Investment PLC during ... The Extraordinary General Meeting (EGM) decided to increase the company's capital by 8 million shares -from 55 million shares to 63 million shares-, of which 5 million shares will be allotted to Amlak Jordan Limited see Amlak Finance

Mixed Use High Rise Tower at Dubai Waterfront By Ajit Bhuta

Ajit Bhuta and Associates to showcase unique architecture at ...
AME Info (press release) - United Arab Emirates
Indian architecture and master planning firm Ajit Bhuta and Associates, also known as ABA amongst Gulf real estate developers will showcase its works at Cityscape 2008 in Dubai. ...A mixed-use high-rise tower of 80 floors having hotel, residence, offices and mall at Dubai Waterfront. ABA participated at Cityscape 2005 in Dubai where it ...ABA finds a different type of opportunity and exposures, Architecture, real estate trends and investment opportunities are explored in the benefit of clients by Ajit Bhuta and Associates

Dubai Master Plan - Public Transport

Dubai Public Transport Bus Master Plan
After lengthy international competition, the Roads & Transport Authority (RTA) of the Emirate of Dubai has chosen a German consortium to prepare a forward-looking master plan to cover public bus transport for the period until 2020. ...Client: Government of Dubai, Roads & Transport Authority. Project: Dubai Public Transport Bus Master Plan. Project duration: August 2006 – May 2007 ...

ZSML Secures New Project in Dubai

ZSML secures new projects worth AED 250 million
Zawya - United Arab Emirates
Dubai, July 22, 2008: Dubai-based construction company ZSML is celebrating the completion of its first year of business by signing two key contracts worth AED 250 million - Seven Tides' Ibn Battuta Gate Spa and the... Nakheel is the uniquely focused property development company behind a variety of new landmark developments in Dubai. NakheelNakheel aims to redefine ...

Limitless Plans Six New Projects

Limitless plans six projects in the Levant
Zawya - United Arab Emirates
Limitless, the real estate arm of Dubai World, will announce six real estate projects across the Levant region by end of 2009, a top company executive said. ... "The company will develop these projects through a series of joint ventures which it will announce in the next two years. Currently Limitless has nine global projects, worth around $100 billion (Dh367bn) in seven countries including the UAE. ...

Arabtec Receives Two Letter of Acceptance

Arabtec Engineering Services receives two Letters of Acceptance ...
Zawya - United Arab Emirates
The first contract, which covers the provision of irrigation for Al Aweer Farms... The second contract provides sewerage and storm water drainage networks, including sewerage connections for the existing plots, for Dubai Academic City ...Arabian Construction LLC, the company behind the world renowned and iconic Burj Dubai are widely recognised as one of the top construction companies in the ...

Master Plan of Abu Dhabi Airport $6.8 Billion Expansion

Abu Dhabi to inject $6.8b into airport expansion
Cargonews Asia - Hong Kong
With all the airports in the Middle East region aggressively pursuing expansion and modernisation plans, Abu Dhabi Airport does not want to be left behind in the race and is profiling itself as the "airport of the future". Abu Dhabi Airports Company (ADAC)... Al Mulla said that the current multi-billion dollar master plan - an outlay of US$6.8 billion has been allocated for the project - aspires to elevate the... "Interested industries range from the aviation sector, technology, logistics, as well as energy and car manufacturers, each expressing confidence that the planned investment and infrastructure would surely provide a key regional and forwarding transportation and business hub," he claimed. ...

Emaar Signs MoU With Mars GCC

Emaar, The Economic City signs MoU with Mars GCC to establish ...
Zawya - United Arab Emirates
EC)Emaar, The Economic City (Emaar.EC), the Tadawul-listed company developing King Abdullah Economic City (KAEC), has signed a Memorandum of Understanding (MoU) with Mars GCC FZE, the Middle East subsidiary of Mars Inc, to open a full-fledged manufacturing plant of Mars in the Industrial Zone of KAEC. ...Launched to strong investor response, the Industrial Zone in KAEC spreads over 63 million sq metres and features 4,400 net hectares of land dedicated to industries and light manufacturing facilities....

Chapal awards Ranya Group Dhs367 Million for Dubai Sports City Project

Chapal awards Dhs367m contract to Ranya Group for the Dubai Sports City project
AME Info 12, July 2008
Chapal is one of the leading real-estate developers with numerous prestigious landmark properties in Dubai and Ajman worth Dhs20bn. The company has selected Ranya Group which is the company with an extensive profile in the construction and architecture fields... Rasheed M. Tabari, of Ranya Group said: 'We are honored to undertake the flagship project of Chapal, and we are confident we will be able to complete the construction work within the stipulated schedule'...

Al Nujoom Islands - Sharjah Initiated

Stage II of the real estate project in the UAE emirate includes ...
Gowealthy.com - Dubai,United Arab Emirates
...to initiate phase II of the Al Nujoom Islands' project in Sharjah, UAE ...Phase II of the real estate project includes infrastructure, as well as phase I of construction works. Al Hanoo Holding's Chairman Sheik Abdullah Al-Shakrah... Workshops are also being organized to discuss the latest developments of the infrastructure in Al Nujoom Islands' realty project, which  ...

Kuwaiti Investment Company Buys Towers on Al Reem Island

Kuwaiti investors pay $926m to enter Reem development
The National - Abu Dhabi,United Arab Emirates
...A Kuwaiti investment company has paid Dh3.4 billion (US$926 million) for four towers on Reem Island in Abu Dhabi, a sign of heightened international appetite for the development despite high prices... Brokers reported recently that Al Reem prices on the primary market hit Dh2,600 per sq ft, versus Dh1,950 on the secondary market. ...

Abu Dhabi Island Projects

Island projects taking shape in Abu Dhabi
The National - Abu Dhabi,United Arab Emirates
...Coconut Island, behind the Intercontinental Hotel, was nothing more than "sea water" at one point, said Mr Hellyer. Now Aldar Properties is reshaping what was originally built in the location to house a 160-room Ritz Carlton resort and about 80 villas for nationals and GCC citizens... Another two are reportedly underway, near the Burj Al Arab hotel, and Nakheel is still finishing number of its announced reclamation projects including Palm ...

AlـMadina Real Estate - Kuwait - Bought Three Towers DHS2.9 Billion

Biz Briefs
Al Watan Daily - Kuwait
KUWAIT: Kuwaiti Islamic investment firm AlÜMadina for Finance and Investment has agreed to buy real estate projects through its units worth 3.4 billion UAE ...AlـMadina Real Estate Development Co purchased three towers for 2.9 billion dirhams, while Sarh AlـMadina Real Estate Co, in which AlـMadina has a 50 percent stake, bought a property for 508 million dirhams...

Emaar's Hotels, Project Award, IPO and Townhouses; Millions & Billions

The Address Hotels & Resorts unveils first property in Emaar Misr ...
Al-Bawaba - Amman,Jordan
The Address Hotels & Resorts, the newly launched 5 star premium hotel brand of Emaar Hospitality Group LLC, has unveiled its first hotel property in Egypt ...

The Address Hotels & Resorts unveils first property in Emaar ...
Business Intelligence Middle East (press release) - United Arab Emirates
The Address Hotels & Resorts, the newly-launched 5 star premium hotel brand of Emaar Hospitality Group, has unveiled its first hotel property in Egypt, ...

Arabtec to build Emaar's Warsan
AME Info - United Arab Emirates
Arabtec Construction LLC has received a letter of acceptance amounting to Dhs599m from Emaar to design and construct 550 villas at Warsan development in ...

Arabtec wins $163m building deal from Emaar
Trade Arabia - Manama,Bahrain
Construction of the villas will take place over 30 months, it added. Emaar is the largest Arab developer by market value. - Reuters.

1.8 Billion IPO as Stocks Collapse Starts By Emaar MGF
PR-USA.net (press release) - Varna,Bulgaria
Emaar MGF Land Ltd., controlled by the Middle East's biggest real estate developer by market value, started its initial public offering in India today amid ...

Emaar unveils new Dubai townhomes
Gulf Daily News - Manama,Bahrain
DUBAI: Emaar Properties has expanded its property portfolio in Dubai with the unveiling of Warsan Estate, an exclusive residential community located on Al ...

Dubai & Abu Dhabi Mega Project Summary

Follow the money as it builds the future
Times Online - UK
In the searing Gulf sunshine, hotelier Sol Kerzner's soft-pink Atlantis Hotel sits atop the Palm Jumeirah island like a crown. ...There's Aviation City, Cargo Village, Aid City, Exhibition City, Silicon Oasis, Festival City and Health-care City. Sports City... Inland, Dubailand, a £50 billion enclave of 24 theme parks, villages, and shopping malls.. At Al Raha Beach, a £7 billion, 11km-long development of high- and low-rise waterfront apartment blocks, townhouses and marinas, the architecture is world ... Dubai and Abu Dhabi will eventually become one giant "Strip city"...

Sorouh, Orascom, Hydra and Capital Investment JV

Sorouh, Orascom, Hydra and Capital Investment set up new ...
CPI Financial - Dubai,United Arab Emirates
Orascom Construction Industries (OCI), Hydra Commercial Investments and Sorouh Real Estate said (OCI) said they are setting up a new ...Hydra Commercial Investments is one of the subsidiaries of Royal Group Company which is comprised of 60 medium to large enterprises which specialise in... real estate, infrastructure and utilities, manufacturing, technology and media. Royal Group's real estate developments include the $35 billion Reem Island Project in Abu Dhabi. A press release issued by all three companies said the ...

More Than 20 Hotel at Saadiyat Island

The fine art of distinctive development
Times Online - UK
More than $190 billion is budgeted across 10 civil construction projects planned or under way in Abu Dhabi... the $40 billion Khalifa City... Work has started on the $39 billion Yas Island Development... In addition to the $22 billion Masdar project, a similar budget is planned for development at Saadiyat Island, which will feature more than 20 hotels, marinas and thousands of apartments and villas. The project also includes a museum, concert hall, maritime history centre, three harbours, a park, golf course and sailing club ...

Tallest Tower: Burj Dubai, Al Burj Tower or Mile-High Tower

Contest for tallest tower in the Gulf hots up
GulfNews - Dubai,United Arab Emirates
Dubai: Competition to build the world's tallest tower is hotting up in the Gulf as developers continue to ... of its Al Burj project to 1.4 kilometres, making it almost double the height of Emaar's Burj Dubai, which is said to be around 750 to 815 metres long. ... the proposed Saudi Arabian mile-high tower will... The project is being overseen by Saudi Prince Al Walid Bin Talal Bin Abdul Aziz Al Saud, under his company, Kingdom Holdings... 

UAE - AED 190 Billion Culture & Heritage Projects Planned

Culture & heritage projects in the UAE top AED 190 Billion
Zawya - United Arab Emirates
The UAE has a planned investment outlay of AED 190 billion in the cultural arena to spearhead positive cultural development and heritage  ...Abu Dhabi's Sheikh Zayed National Museum will be a key asset in Saadiyat Island's Cultural District proposition, which also includes the Guggenheim Abu Dhabi...

Award of phase II and III contract of Al Khail Road Dhs 1.9 Billion

Endorsing awarding Al Khail Road upgrading project phase II and ...
AME Info - United Arab Emirates
...the award of phase II and III contract of Al Khail Road upgrading project at a cost of Dhs1.29bn... It also comprises construction of a new road extending 9 km, thereby extending the existing Al Khail Road up to the interchange of Dubai Bypass Road, ...

Construction of New Pedestrian Bridges Including Al-Raha Beach

Speeding takes a heavy toll on capital's roads
Khaleej Times - Dubai,United Arab Emirates
Al Shamsi said the Abu Dhabi Municipality would build 12 pedestrian overbridges this year on the new Corniche and Al Raha beach, Al Semaha, Al Shahama, ...

USD 680 million Baccarat Hotel and Residences at Dubai Pearl.

Baccarat Hotel and Residences to Blend Classic French Chic with ...
MarketWatch - USA
...a consortium of investors led by Al Fahim Group, today announced it has signed an agreement with US-based Starwood Capital Group to develop... of world-class real estate projects that focus on offering a rich experience to our patrons. Dubai Pearl represents a landmark destination incorporating ...

M Holding: DHS 615 Million Investment In Mirdif - Dubai

M Holding, the property development arm of the Mundia Group, has ...
AME Info (press release) - United Arab Emirates
Senior company officials have further revealed plans to develop an Dhs3bn freehold community on the 421,657 sq. ft plot, located within Mirdiff and facing Mushriff Park. ...We are glad to announce our entry into the highly competitive Dubai real estate market, and we look forward to the successful realization of this project,' ...

Abu Dhabi Tunnel to Reem Island

The 3km tunnel to capital
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
Abu Dhabi Traffic Police and the municipality have joined hands in the construction of... The tunnel will run just under Al Salam Street while a causeway will connect the new junction at the entrance of the tunnel with the 900-hectare Reem Island ... It includes the construction of 36 bridges and more than 20 tunnels in the capital and the new part of the city, which will house government offices, another town centre, houses, shopping malls and other facilities.

Dubai's New Projects: "Burj Al Fara’a" Lunched by Al-Fara'a Properties Group

Al Fara'a Properties launches AED 1 billion 'Burj Al Fara'a'
Dubai City Guide - Dubai,United Arab Emirates
Al Fara'a Properties, the flagship subsidiary of the Al Fara'a Construction, Industrial and Property Group, has announced the launch of the AED 1 billion 'Burj Al Fara'a', a state-of-the-art commercial tower located in the commercial business district of Jumeirah Village... The developer is poised to enter several high profile community developments, including Dubai Maritime City, Al Reem Island and Dubai Waterfront with plans ...

Indian Tycoon Sahara to Invest into UAE Real Estate Industry

Sahara India eyes UAE investment
GulfNews - Dubai,United Arab Emirates
Dubai: Indian conglomerate Sahara India Group said it will explore business opportunities in the UAE. ...Sahara India Group, which puts the market value of its assets at more than $50 billion, has diversified business interests  ...Sahara is a prominent player in the real estate industry of India and owns a huge land bank. It is developing 217 townships across India ranging from 100 ...

$9m Dubai Metro Project

Amana bags $9m Dubai Metro project

Trade Arabia, Bahrain
Amana Contracting and Steel Buildings has been awarded a $9 million project to be constructed by SNC-Lavalin Gulf Contractors for the Tabreed Cooling Plant  at Dubai Metro's Project at Al Rigga in Dubai. ...Mohammed Al-Qarout, general manager at Amana Special Projects, said the civil architecture building for Dubai Metro Plant in Dubai was a prestigious project...

Emaar Malls Group: SEGA Indoor Theme Park

Emaar, Sega to develop indoor theme park
InterGame - Oldham,England,UK
By Helen Fletcher Emaar Malls Group, the developer of The Dubai Mall, has teamed up with Sega Japan for a project that will see the mall incorporate an ...Sega Republic will be a two-level, 76,000sq.ft indoor theme park, featuring a diverse line up of rides and amusements, all in a controlled environment designed from the concept stage to entertain all age groups, at all levels  ...

New Power Plant Project in Ajman

MMC Wins UAE Power Plant Deal
istockAnalyst.com - Salem,OR,USA
MMC Corp Bhd has won exclusive rights to build a power plant with a potential capacity of up to 1,000 megawatts in Ajman, the United Arab Emirates (UAE). ..."I'm optimistic that our cross-border investments, such as this power plant project in the UAE, will go a long way towards ensuring sustainable earnings for ...

Dubai Towards New Waveyard Project

Interest grows in Waveyard type projects
Arizona Republic - Phoenix,AZ,USA
...they will travel to the United Arab Emirates in a few weeks to pursue a project... "The project is exactly what they (Dubai's rulers) are looking for," said Dominique Terral, a Dubai-based managing partner with Swiss Private Capital Group, ...Dubai ventures. "We do not anticipate any problem whatsoever" with the Dubai project, Terral said. "Waveyard is something that does not exist any place on the world. ...

Mubadala Real Estate Awards Sowwah Contract to Al-Naboodah Construction

Al Naboodah wins deal for Sowwah infrastructure
GulfNews - Dubai,United Arab Emirates
Dubai: Al Naboodah Construction Group on Thursday said, that it has been awarded the contract for Phase 1 of Sowwah Island infrastructure by Mubadala Real Estate & Hospitality ... the heart of the new central business district, and Reem Island, the company said in a statement, without giving the value of the contract. ...

Abu Dhabi New Property 53% Increase

New property attracts new brokers
The National - Abu Dhabi,United Arab Emirates
...Agents are thriving on a healthy supply of new property, and for the first time in decades Abu Dhabi is building plenty of it. ...Then Sherwoods sent an SMS alert to a database of its customers, informing them that 10 floors of Soho Commercial Tower on Reem Island will be sold before ... Sherwoods was selling each floor for Dh28.5 million upwards...

Gulf Countries to Invest $200 bn into Energy Sector

The GCC countries are prepared to invest in the energy sector as there is a global trend to raise investment to cover the $40 billion required in the sector.... Dr Abdullah Al Amiri, chairman of the Emirates Energy Award, told Gulf News that this amount would be invested "in the next 10-12 years to meet the increase in the Gulf energy consumption." ...While solar energy accounts to only one per cent of world's energy sources at the moment, investments are expected to increase in the sector by almost 50 per cent in two years.

.Trailing the international trend towards renewable energy, the GCC countries are also heading in the greener direction. Read more about: Gulf countries will invest about $200b to boost energy output.

World’s Largest Bridge for Dubai

FXFOWLE Designs World's Largest Spanning Arch Bridge for Dubai
Architectural Record - USA
FXFOWLE can add a bridge to the list of structures it currently is developing in Dubai. The firm's exuberant design for the Sheikh Rashid bin Saeed Crossing was the winner of an international competition sponsored by the emirate's Roads and Transport Authority. ...FXFOWLE is working with the structural engineering firm Parson Transportation on the project. Visually, the Dubai bridge will frame an opera house—a project ...

Dubai Cable Company Plans New Venture

Ducab plans new venture by year-end
Zawya - United Arab Emirates
UAE-based cable manufacturer Ducab will use rising revenues to finance its expansion plans over the next two years and is looking to add another venture to its portfolio by year-end, according to its chairman. ...Ducab has three facilties one in Dubai and two in Abu Dhabi. Last month, Ducab inaugurated two new plants in Abu Dhabi for copper rod production and new ...

Michael Cassel Sorouh's New Director

Sorouh Appoints New Director - Michael Cassel to help steer mixed ...
Al-Bawaba - Amman,Jordan
Michael Cassel joins Sorouh as its new Director of Development and will lead the team delivering mixed use developments, whilst also working to define and shape Sorouh's expanding property development division ... including Abu Dhabi's Lulu Island, SHAMS Abu Dhabi, The Gate District at SHAMS Abu Dhabi, Alghadeer, Saraya and Golf Gardens, all developed in close ...

Robodh to Develop Dheeraj Real Estate

Robodh Contracting to develop Dheeraj Eat Coast' real estate projects
Gowealthy.com - Dubai,United Arab Emirates
Dheeraj East Coast (DEC), one of Dubai's leading real estate companies and Robodh Contracting, one of the renowned contracting companies in the Middle East, ...

Trump and Hydra Skyscraper Plans.

Donald Trump, Hydra plan Abu Dhabi skyscraper
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
... Hydra Properties has revealed the firm is in talks with property tycoon Donald Trump for the construction of a skyscraper on Abu Dhabi's Reem Island. ...

Hydra Properties Abu Dhabi Talking to Trump Re: New Al-Reem Island Hotel

Hydra Properties in talks with Trump
The National - Abu Dhabi,United Arab Emirates
Hydra Properties, a developer based in Abu Dhabi, is in talks with the New York-based property behemoth Trump Organisation to build a mixed-use residential and hotel tower on Reem Island, says Hydra's chief executive. ..."We are finalising the last touches and we hope that we can sign an agreement," said Dr Sulaiman al Fahim, the chief executive of Hydra Properties. ...

Four (4) Towers Lunched in Awali City By Awali Real Estate Investment

Awali Real Estate investments launches 4 towers in Awali City
AME Info (press release) - United Arab Emirates
Awali Real Estate Investments, one of the region's most reputed investment firms, has announced the launch of 2 residential towers and 2 commercial towers in the 33 million square-feet Awali City on the Emirates Road... Mr. Abdullatif Mohammed Ali, Dubai Branch Manager , and a group of elite businessmen, real estate investors and media representatives. ...

Aldar: Work Progress at Yas Island and Al-Raha Beach HQ

Aldar reports milestone progress on Yas Island infrastructure
AME Info (press release) - United Arab Emirates
Aldar Properties, the leading integrated property development company said today it was on schedule for completion of phase 1 infrastructure work on its ...

Aldar HQ building work on track
Trade Arabia - Manama,Bahrain
Aldar Properties said the construction work on its headquarters building was "on track for timely completion' next year. To date the key milestones achieved ...

Emirates Foundation a New JV Real Estate Firm in Abu Dhabi

OCI Establishes New Construction JV in Abu Dhabi
MarketWatch - USA
Orascom Construction Industries (OCI) announced today the establishment of a new construction joint venture, "Emirates Foundation" in Abu Dhabi, UAE. ...Royal Group's real estate developments include the USUSD 35 billion Reem Island Project in Abu Dhabi. (For additional information on Royal Group, ...

Nakheel Awarded Project to ZAS Architects Inc

Even Small Firms Get a Slice of the Dubai Pie
Architectural Record - USA
By Albert Warson ZAS Architects Inc., a 50-person firm in Toronto, recently won a commission from Nakheel, one of Dubai's largest developers, to design a $1.25 billion waterfront complex that will encompass 7.2 million square feet. The project, dubbed Marina and Beach Towers, is part of a larger development called Dubai Promenade, which is ...

Deyaar Real Estate Development to Manage National Bonds

Deyaar to develop & manage National Bonds' real estate projects in ...
Gowealthy.com - Dubai,United Arab Emirates
National Bonds, the national saving scheme of the UAE, has announced the signing of an agreement with Deyaar, the region's fastest growing real estate ...

Deyaar to manage National Bonds' realty projects
Zawya - United Arab Emirates
National Bonds, the national savings scheme of the UAE, has signed an agreement with Deyaar Development, the property development arm of Dubai Islamic Bank, ...

National Bonds signs deal with
AME Info - United Arab Emirates
UAE-based National Bonds has signed an agreement with Deyaar Development to transfer the development and management rights of National Bonds' real estate ...

National Bonds inks deal with Deyaar
GulfNews - Dubai,United Arab Emirates
Dubai: National Bonds announced yesterday the signing of an agreement with Deyaar Development to transfer the development and management rights of National ...

Dubai CityScape - Platinum Sponsers

Stage set for 'biggest-ever' Cityscape
Trade Arabia - Manama,Bahrain
More than 1,000 exhibitors and 60,000 industry professionals are expected to take part in the 'biggest-ever' Cityscape Dubai later this year. ...Regional heavyweights, Nakheel, Aldar Properties, Qatari Diar and Dar Al Arkan, Saraya Holdings and Tanmiyat Group have signed up as platinum sponsors. ...

Emaar Pumps $150 m Into Projects

Emaar to infuse $150 m into specific projects
Moneycontrol.com - Mumbai,India
Emaar Properties PJSC of Dubai has decided to pump in $150 million into specific projects of Emaar MGF Land Ltd, the Indian joint venture between MGF ...

Emaar to invest $150m in JV
The Statesman - Kolkata,India
PTI NEW DELHI, July 14: Real estate developer Emaar MGF has got a commitment of fund infusion to the tune of $150 million from Dubai-based Emaar by selling ...

Deccan Plateau EmaarMGF New Project

Dubai to the Deccan plateau
The National - Abu Dhabi,United Arab Emirates
EmaarMGF, the Dubai developer's Indian joint venture, is investing US$1.4 billion (Dh5.1bn) in this development, set on 212 hectares centred on a golf course and sprinkled with 105 villas in three styles – Spanish, Mediterranean and Tuscan ... EmaarMGF is spending $12bn in India in the next four years, developing 55 million square feet of residential projects, 18m sq ft of retail, and 30,000 hotel rooms ...The rocky Deccan plateau provides another key reason why Hyderabad is one of the few cities in India that could conceivably become like a new Dubai. ...

Al-Raha Beach Project $20bn Snatches Laing O'Rouke

Profit jumps at Laing O'Rourke
Building.co.uk - UK
Tony Douglas, chief operating officer, said that the company was continuing with its strategy of 20% growth year on year, with much of this much of this likely to come from the Middle East market where the firm's schemes currently include work on the $20bn Al Raha Beach project in Abu Dhabi. ...

Laing O'Rourke turns to Gulf in the slump
This is Money - UK
O'Rourke said the group's reputation for delivering projects on time and on budget in the UK and bedding down construction businesses in the Middle East, India and Australia had enabled it to increase its order book to £10bn up 12% year on year. ... But it is the world's most vibrant construction market that is fuelling the growth with the group involved in the $20bn (£10bn) Al Raha Beach development and new gateway into Abu Dhabi as well as the new build of shops and apartments in Dubai's Old Town.

DAMAC Properties Awards Zetas ATS 48m Contract for DAMAC Heights

DAMAC Properties Awards Zetas ATS Foundation Technology The ...
Middle East Events (press release) - Dubai,United Arab Emirates
DAMAC has awarded nine contracts in 2008 till date worth over AED 1.14 billion, with many more to follow...DAMAC Heights is a 98 storey residential tower located in Dubai Marina, and was DAMAC's first self branded tower. Overlooking the Palm Jumeirah, ... Through agreements with Zetas and Aedas, DAMAC Properties is working towards satisfying client needs and will continue to reiterate its commitment and focus on completion of projects.