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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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Thursday, August 7, 2008

Eyes on Dubai's Projects

Gas shortages threaten Mideast aluminium projects
guardian.co.uk - UK
Middle Eastern gas supply cannot keep pace with the region's rapid expansion and fierce competition between industries could force some energy-intensive projects, such as aluminium, to be delayed or even shelved. ...Khaled Buhumaid, a general manager at state-owned Dubai Aluminium Co (DUBAL), said the firm's Emirates Aluminium project was on track, having secured power ...

Palm monorail to start from April 1, 2009
Zawya - United Arab Emirates
The monorail on The Palm Jumeirah will start operations on April 1, 2009, Nakheel's director of investments told Emirates Business yesterday. ..."However, due to the Cirque du Soleil's Allegria happening on Palm Jumeirah on March 5 next year, we are trying to bring the date forward with the help of the Roads and Transport Authorities (RTA) and everyone else involved with the project," he said. ...Construction work for the $381 million monorail began in March 2006 and was scheduled for completion by end 2008. "The whole element of monorail is very new to Dubai. In fact, the whole aspect of rail transportation itself is new in Dubai and Nakheel is working closely with RTA to make sure that all the certification elements are being put in place," said Lee. ...

NYC's Curtis eyes Dubai launch
The Lawyer - London,UK
New York firm Curtis Mallet-Prevost Colt & Mosle has revamped its management team ahead of its expansion into the Middle East. ...In Muscat, the firm focuses on infrastructure, project finance and privatisation. Under the new management structure Pizzurro and Vega will have ...

Tiger Woods Dubai Bidding on Land
Homesgofast.com - London,UK
The first golf course resort to be designed by Tiger Woods is currently allowing bidding on five pieces of pre-selected premium land. These special lots will allow for the largest and most extravagant buildings around the golf course, with two luxury lake views, two mansions and one palace. ...The project is part of Tatweer, a Dubai holding company, and is aiming for completion by late 2009. It is located in Dubailand, an ambitious tourism and ...
 

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