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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Tuesday, July 15, 2008

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.

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