Dubai Group To Invest Rs.1,500 Cr. In Float Glass Manufacturing/Heavy Engg. Industrial Facilities In TN
Nasdaq Tue, 30 Sep 2008 5:01 AM PDT
A memorandum of understanding was inked on Monday between the Tamil Nadu State government and a Dubai-based industrial group, Harsha, to set up a float glass manufacturing facility and a heavy engineering industrial unit near Chennai at a cost of Rs.1,500 crores to cater for oil and gas, energy and power sectors, according to media reports. ...
Tuesday, September 30, 2008
MOU to Set up Glass Manufacturing Facility Near Chennai
Colliers International Real Estate Dedicate Capital Investment Division to UAE
Colliers International UAE launches Capital Investment Division
Middle East North Africa Financial Network - Amman,Jordan
Colliers International, one of the world's largest real estate consultancies, adds investment services to its UAE business operations with the launch of its dedicated Capital Investment Division. The new business unit has been established to satisfy growing demand for high quality investment opportunities in the booming Middle East region. ...
Middle East North Africa Financial Network - Amman,Jordan
Colliers International, one of the world's largest real estate consultancies, adds investment services to its UAE business operations with the launch of its dedicated Capital Investment Division. The new business unit has been established to satisfy growing demand for high quality investment opportunities in the booming Middle East region. ...
Al Benaa and KCMCC Forms Al-Shoula Properties
Al Benaa Real Estate has announced a joint venture agreement with Kuwait Commercial Markets Complex Co. (KCMCC) for setting up a real estate company.The new company, called Al Shoula Properties, will be based in Abu Dhabi.
Initially targeting the UAE's property sector and related markets, Al Shoula's plans for the medium term include expansion, where opportunities arise, into global markets. …
Arabtec Targeting Dhs 2.94 Billion Projects in Saudi Arabia
Firms Diversify Outside UAE on Liquidity Constraints
Khaleej Times - Dubai, United Arab Emirates
It quoted Riad Kamal, chief executive of the Dubai-based construction firm, saying Arabtec expects to clinch three contracts valued at Dh2.94 billion (three billion riyals) in Saudi Arabia by next year. "Saudi Arabia has a very big and solid market and there are a limited number of contractors there but huge projects are being developed, ...
Bay Terrace, H Tower and Rubix Residential at Cityscape 2008
Mada'in Properties to showcase multi-billion dollar projects at Cityscape 2008
Al-Bawaba - Amman, Jordan
Al-Bawaba - Amman, Jordan
Bay Terrace in Business Bay, H Tower in Al Meydan City and the Rubix residential buildings in Dubai World Central expected to be top attractions of high-profile exhibition. ..."Cityscape Dubai will serve as the perfect platform to generate market exposure for these exciting, new projects because of the event's excellent reputation ...
Dubai Real Estate at International Property Show Moscow 2008
Dubai to Put Properties on Show at Crocus City
The Moscow Times - Russia
The International Property Show Moscow 2008, a high-profile exhibition aimed at showcasing Dubai real estate, is set to run at the Crocus Expo from Nov. 12 to 15.
"The high potential of Russian-based investors to make large-scale investments into the booming Dubai real estate market has prompted us to bring the 'International Property Show' to their market ...
Monday, September 29, 2008
Dubai's Water & Power Capacity Expansion
Dubai to Spend $20 Billion on Expanding Water, Power Capacity
Bloomberg
Dubai, the second-biggest sheikhdom in the United Arab Emirates after Abu Dhabi, plans to spend 72 billion dirhams ($20 billion) on expanding its power and water capacity to meet soaring demand in the emirate. ...
United Arab Emirates to Quadruple Electricity Supply by 2017
Dubai commits $19.6bn to utility projects
Arabian Business - UAE
Dubai has committed $19.6 billion to finance utility projects either implemented this year or under construction. Dubai has grown rapidly as a popular location for international companies increasing operations in the Gulf to participate in the region's economic boom. ...The emirate plans to quadruple electricity capacity to around 22,000 megawatts by 2017 from just under 5,500 MW last year to feed ambitious plans to grow the economy by 11 percent per year until 2015. ...
Google in Dubai's Middle East Exhibition GITEX 2008
 |
Zawya (press release) - United Arab Emirates
Dubai Internet City (DIC), one of the world's largest managed ICT clusters and a member of TECOM Investments, today announced it will host Google at its stand in concourse 2 during GITEX Technology Week 2008, the region's foremost ICT event. The event celebrates Google's debut presence in one of the largest IT exhibitions ...
Dubai's Anti-Aging and Aesthetic Medicine
 |
Al-Bawaba - Amman,Jordan
With the unprecedented growth of the spa industry, the first Dubai Congress on Anti-Aging and Aesthetic Medicine (DCAAAM) – to be held at the Dubai World Trade Centre from 7-9 November... The global spa economy is estimated to be worth over $250 billion, according to a recent report unveiled at the 2008 Global Spa Summit in New York. ...
Mall of the Emirates Expansion
Dubai's Mall Of The Emirates Plans Huge Expansion
Mall of the Emirates, the UAE's favourite shopping landmark, will undergo its largest ever expansion programme with just under half a billion dirham's to be invested in new space, it was announced today.
Mall of the Emirates, the UAE's favourite shopping landmark, will undergo its largest ever expansion programme with just under half a billion dirham's to be invested in new space, it was announced today.
The project will see the addition of increased facilities for shopping, dining and parking and, will be completed by the first quarter of 2010. The expansion was announced today by Majid Al-Futtaim (MAF) Group which operates the popular mall. …
Al-Tafany Tower Reveiled
Zawya -United Arab Emirates
Dubai - Al Barakah, a leading Dubai based real estate group with a strong presence in all the segments of the real estate value-chain today announced the creation of Al Tafany Properties-a special property development joint venture with American real estate investors. Al Tafany Properties unveiled Al Tafany Tower-the AED 1.25 billion development in the City of Arabia. …
Dubai - Al Barakah, a leading Dubai based real estate group with a strong presence in all the segments of the real estate value-chain today announced the creation of Al Tafany Properties-a special property development joint venture with American real estate investors. Al Tafany Properties unveiled Al Tafany Tower-the AED 1.25 billion development in the City of Arabia. …
Deyaar's Project at Cityscape 2008
Deyaar to unveil mid-size projects
Zawya - United Arab Emirates
Deyaar Development, the region's fastest growing real estate company, will unveil new mid-size community developments at the upcoming Cityscape Dubai 2008. ...
Ajman Uptown: Dhs 600 million Hotel and Serviced Apartments
 |
Gowealthy.com - Dubai,United Arab Emirates
Dubai's renowned property service provider, Sweet Homes will build a Dh 600 million Hotel and Serviced Apartments property within 'Ajman Uptown', a Dh 3 billion real estate development currently under construction in Ajman. ...
Bawabat Al-Sharq Phase II at Cityscape 2008
AMS targets sales of over AED 1 billion at Cityscape Dubai '08
Al-Bawaba - Amman, Jordan
Bawabat Al Sharq Phase II to be main attraction at iconic show Cityscape is key sales platform for off plan projects: AMS chief Aswaq Management & Services (AMS) – the Abu Dhabi-based mixed-use property consultancy, sales and leasing company – targets sales in excess of AED 1 billion at Cityscape Dubai 2008. ...
Abu Dhabi Investment House to Invest in China
Abu Dhabi Investment House eyes $1.5 bn China fund
Economic Times - Gurgaon,Haryana,India
Abu Dhabi Investment House, a Gulf Arab bank, is planning a $1.5 billion private equity fund to invest in real estate and manufacturing in China with a Chinese partner, a senior executive said on Sunday.
An agreement to launch the fund will be signed within two months, said Rashad Janahi, ADIH's managing director. ...
Economic Times - Gurgaon,Haryana,India
Abu Dhabi Investment House, a Gulf Arab bank, is planning a $1.5 billion private equity fund to invest in real estate and manufacturing in China with a Chinese partner, a senior executive said on Sunday.
An agreement to launch the fund will be signed within two months, said Rashad Janahi, ADIH's managing director. ...
Burj Al-Alam for the Grab
Arabtec quits Burj Al Alam talks
The National - Abu Dhabi, United Arab Emirates
Arabtec has pulled out of contract negotiations to build the 500 metre high Burj Al Alam, which is slated to be the emirate's second tallest building.
Arabtec had been in talks with Fortune Group, the developers, about the deal estimated to be worth Dh2.9bn (US $800mn) since the beginning of this year and was tipped to win the contract. ...
Aqaba Development Corporation in Expo Real Estate Germany 2008
ADC Participates in Expo Real 2008 in Germany to Promote Real Estate Sector in ASEZ
Newswire Today (press release) - London,UK
The Aqaba Development Corporation (ADC) will participate in Expo Real 2008, as part of a delegation representing Jordan that includes the Aqaba Special Economic Zone Authority (ASEZA) and the Greater Amman Municipality. The exhibition will take place in Munich, Germany between the 6th- 8th of October.
Jal Aashwa, AED 1 Billion Island Project by Opulence Holdings
Opulence to sculpt dream island
The National - Abu Dhabi, United Arab Emirates
Speculators have drawn ire from economists lately for driving up the prices of homes, but the founders of Opulence Holdings represent another side to the story.
The three Indian investors are taking the millions of dirhams they have earned in the high-speed UAE resale market and using it to sculpt an island in the shape of a seahorse off the shores of Dubai. The Dh1 billion (US$272 million) project, called Jal Aashwa, will be located on the African "continent" of The World, an archipelago artificially created by Nakheel. ...
The Wings Towers on Najmat Marina on Al Reem Island.
Dar Al Dhabi Real Estate participates at Cityscape Dubai 2008
AME Info (press release) - United Arab Emirates
Dar Al-Dhabi Real Estate, a Kuwaiti shareholding closed company and a subsidiary of Dar Al-Dhabi Holding, will be exhibiting the landmark Dar Al-Dhabi Project and 300m towers The Wings at Cityscape Dubai on the 6th - 9th of October. ...
The Atrium at Waterfront. AED 2.4Bn LOI Issued to Arabtec
The Sunland Group (Dubai) has issued a Letter Of Intent (LOI) to Arabtec Construction LLC, a subsidiary of Arabtec Holding PJSC, for the construction of its latest project The Atrium at Waterfront, which is in the new Madinat Al Arab precinct of Nakheel's Dubai Waterfront development at Jebel Ali.
Four Key Projects at Cityscape Dubai 2008 by Khuyool Investments
Khuyool Investments to showcase four key projects worth Dhs1.3bn at Cityscape Dubai 2008
AME Info
Khuyool Investments, one of the fastest growing property development firms in the region, will highlight four of its major developments during the seventh edition of Cityscape Dubai, the largest business-to-business real estate investment and development event in the world to be held from October 6 to 9, 2008, at the Dubai International Exhibition Centre. ...
AME Info
Khuyool Investments, one of the fastest growing property development firms in the region, will highlight four of its major developments during the seventh edition of Cityscape Dubai, the largest business-to-business real estate investment and development event in the world to be held from October 6 to 9, 2008, at the Dubai International Exhibition Centre. ...
Sunday, September 28, 2008
Simsari Partnership with Real Estate Regulatory Agency (RERA)
Simsari announces strategic partnership with Real Estate Regulatory Agency (RERA) in Dubai
Business Intelligence Middle East (press release) - United Arab Emirates
UAE. Simsari.com, the Middle East's largest and smartest online marketplace that specialises in property and real estate transactions, has announced a strategic joint venture with Real Estate Regulatory Agency (RERA), the authority that formulates, regulates, manages and licences real estate activities in Dubai. ...
Iran's 7 Power Plant Units
Zawya - United Arab Emirates
During the current Iranian calendar year (started March 20, 2008) about $2.1 billion has been allocated to thermal power plant construction, the Iran Power Develpoment Company (IPDC) managing director said here on Thursday.
Heathrow on Sea: New Airport in the Thames
Emirates boss backs 'Heathrow on Sea' airport
Times Online - UK
THE boss of one of the world's largest and fastest-growing airlines has backed plans for a new airport in the Thames estuary so Britain can compete with foreign rivals threatening to eclipse Heathrow.
Times Online - UK
THE boss of one of the world's largest and fastest-growing airlines has backed plans for a new airport in the Thames estuary so Britain can compete with foreign rivals threatening to eclipse Heathrow.
Tim Clark, president of Emirates, Dubai's national airline, said building the new international hub at sea would enable both Heathrow and Gatwick to close, providing land for development and bringing environmental benefits across southeast England....
TSA International Investments to Build Shah Rukh Khan’s Boulevard Project in Ras Al-Khaimah
 |
Bollywood News & Gossips
After intense speculation over Shah Rukh Khan's role in the UAE property market, the Bollywood superstar has finally broken his silence – but only just. The actor confirmed to Emirates Business his involvement by replying 'yes' when questioned about the rumours he is teaming up with UAE-based construction firm TSA international investments to build the Shah Rukh Khan Boulevard project in Ras Al Khaimah. ...
Merass Holding Launched in Dubai
Merass Holding real estate firm launched in Dubai
GulfNews - Dubai, United Arab Emirates
Merass Holding, a Dubai-based investment real estate company with operations and assets in the UAE and abroad, was launched on Saturday with a mission to create integrated master-planned communities that embody global standards of sustainability and quality. ...
GulfNews - Dubai, United Arab Emirates
Merass Holding, a Dubai-based investment real estate company with operations and assets in the UAE and abroad, was launched on Saturday with a mission to create integrated master-planned communities that embody global standards of sustainability and quality. ...
Cityscape Dubai 2008: Central Market Place Launch
abdali's "central market place" project to be launched during cityscape dubai 2008
Al-Bawaba - Amman,Jordan
Jordan; With a vision coming to life and a promise of a better future, Abdali Psc through its sister company the Abdali Mall Company, is making waves once again at Cityscape 2008 by announcing a new project within the New Downtown: Central Market Place. ...
Simplex Infrastructures Bagged G-Emporium "Second Tower"
Simplex Infra bags Dubai order
Economic Times - Gurgaon,Haryana,India
Simplex Infrastructures, one of India's leading infrastructure solutions providers, has bagged a Rs 630-crore order for construction of the second tower of the G-Emporium in Arabia, Dubai....
Saturday, September 27, 2008
Megaproject Details to be Released by Dubai Properties at Cityscape 2008
 |
Zawya (press release) - United Arab Emirates
Dubai Properties, leading master developer and a subsidiary of Dubai Properties Group (DPG), today announced it will release details on its new projects and showcase existing developments at Cityscape Dubai 2008, one of the largest business-to-business real estate investment and development events in the world. ...
Dubai Properties Released Space for Sale
Dubai Properties Releases Space for Sale at Dh6 Billion Bay Square
Middle East North Africa Financial Network - Amman, Jordan
Dubai Properties, a subsidiary of Dubai Properties Group, has announced it has released a fresh set of residential and commercial space for sale, the third among 13 buildings to be offered to investors at the Dh6 billion Bay Square, the trendy community development within Business Bay. ...
Middle East North Africa Financial Network - Amman, Jordan
Dubai Properties, a subsidiary of Dubai Properties Group, has announced it has released a fresh set of residential and commercial space for sale, the third among 13 buildings to be offered to investors at the Dh6 billion Bay Square, the trendy community development within Business Bay. ...
Chris O'Donnell of Nakheel: Dubai Property 'Not a Crash Risk'
Property News - London,England,UK Chief executive of real estate development firm Nakheel Chris O'Donnell said that the market in the emirate will see some change, but the best developments ... | ||
Overseas Property and Investment News - London,UK Chris O'Donnell, the chief executive of real estate development firm Nakheel, has said that while the market in the emirate will see some change, ... |
Minerva Plc Bid Abandoned by Dubai Government
Minerva Plunges After Dubai Drops Bid for Developer (Update2)
Bloomberg
Sept. 26 (Bloomberg) -- Minerva Plc , the unprofitable developer of two of London's largest office projects, fell by a record after the Dubai government's property-investment unit withdrew a 258 million-pound ($474 million) offer.
Dubai Withdraws Bid for Minerva After Failing to Get Backers
Bloomberg
Sept. 26 (Bloomberg) -- The Dubai government's property- investment unit abandoned a bid of 258 million pounds ($456 million) for Minerva Plc after failing to get its backers to support the offer. Minerva shares fell as much as 33 percent.
Bloomberg
Sept. 26 (Bloomberg) -- Minerva Plc , the unprofitable developer of two of London's largest office projects, fell by a record after the Dubai government's property-investment unit withdrew a 258 million-pound ($474 million) offer.
Dubai Withdraws Bid for Minerva After Failing to Get Backers
Bloomberg
Sept. 26 (Bloomberg) -- The Dubai government's property- investment unit abandoned a bid of 258 million pounds ($456 million) for Minerva Plc after failing to get its backers to support the offer. Minerva shares fell as much as 33 percent.
New Phase of Business Bay & Ras Al-Khor Crossings Project - 1.5 Billion Dirhams
RTA Dubai Opens a New Phase of Ras Al-Khor & Business Bay Crossings
Dubai City Guide - Dubai, United Arab Emirates
Roads & Transport Authority (RTA) is opening a new phase of Business Bay & Ras Al-Khor Crossings Project. The Project is part of Ras Al-Khor & Business Bay Improvement Project undertaken under four separate contracts at an aggregate cost exceeding 1.5 billion Dirham. ...
60 New Hotels Under Development in Dubai by 2012
Dubai's Jumeirah says to have 60 hotels by 2012
Khaleej Times - UAE
Dubai-based hotel operator Jumeirah Group said on Friday global financial turmoil had so far had little impact on investment sentiment in the luxury market, adding it expects to have 60 hotels in operation or under development by 2012....
Khaleej Times - UAE
Dubai-based hotel operator Jumeirah Group said on Friday global financial turmoil had so far had little impact on investment sentiment in the luxury market, adding it expects to have 60 hotels in operation or under development by 2012....
Friday, September 26, 2008
Salwan Hotel Apartments Launched
_2008_09_25.jpg) |
Salwan Launches Exclusive Hotel Apartments at Jumeirah Beach Residence
Zawya (press release) - United Arab Emirates
Salwan LLC, a property management company and a subsidiary of Dubai Properties Group (DPG), today announced the launch of a 204-roomed hotel apartment building - 'SALWAN HOTEL APARTMENTS', targeting corporate and leisure travelers at the Jumeirah Beach Residence (JBR).
Zawya (press release) - United Arab Emirates
Salwan LLC, a property management company and a subsidiary of Dubai Properties Group (DPG), today announced the launch of a 204-roomed hotel apartment building - 'SALWAN HOTEL APARTMENTS', targeting corporate and leisure travelers at the Jumeirah Beach Residence (JBR).
Located in Shams 1 Tower, the JBR Hotel Apartments is poised to offer top class accommodations and lifestyle experiences. ...
AED 185 Million Replacement Project of Sha'biyat at Al-Gouz District Dubai
Mohammed bin Rashid Housing Est. endorses replacement project in Al Gouz district
UAE Daily News - Orleans, Ontario, Canada
Board of the Mohammed bin Rashid Al Maktoum Housing Establishment, chaired by Mohammed Al Shaiban, has endorsed replacement project of Sha'biyat in second district of Al Gouz, in which new buildings will be constructed for UAE nationals....
Limitless launches Another Multi-Billion Dollar Project in Indonesia
Limitless in new Indonesian venture
The National - Abu Dhabi,United Arab Emirates
The global financial crisis has done nothing to deter the UAE property developer Limitless from launching yet another multibillion dollar project abroad.
The company yesterday announced a Dh6.2bn (US$1.7bn) venture in the Indonesian capital of Jakarta to its portfolio of 11 developments overseas, which together are worth more than Dh367bn. ...
Thursday, September 25, 2008
Al-Habtoor Leighton Group Deal on Tameer Towers Development
| Habtoor Leighton Group enters deal for Tameer Towers development in Abu Dhabi RTT News - Williamsville,NY,USA Habtoor Leighton Group announced that it has entered into alliance deal of about AED 6.4 billion through AbuDhabi division of AI Habtoor Engineering. Habtoor Leighton specified that this deal is for Tameer Towers development in Abu Dhabi. Out of AED 6.4 billion deal, the Habtoor Leighton Group's investment is about AED 2.1 billion. Habtoor Leighton Group expects to commence the work on this project this month. ... |
UAE's Power & Desalination Industry - Future Projects Report
A Detailed Overview of the United Arab Emirates (UAE) Power & Desalination Industry - Examine Future Projects, Key Players and Major Happenings
Business Wire (press release) - San Francisco, CA, USA
Research and Markets has announced the addition of the "United Arab Emirates (UAE) Power & Desalination Industry Overview" report to their offering.
The 74-page report, United Arab Emirates (UAE) Power and Desalination Industry Overview has been compiled in order to provide an in depth overview of the water desalination and electricity sectors in UAE. This report aims at assessing the prospects for water desalination and electricity sectors by providing detailed quantitative and qualitative analysis of the historical developments of each sector, supply and demand analysis, supply and demand factors, future projects and prospects and assist in the analysis and decision making process of the readers. ...
Saudi Arabia Energy Sector $318 Billion Investment
The Kingdom of Saudi Arabia is forecast to invest around $318 billion in energy over the next few years as massive infrastructural developments are in full swing brought about by economic reforms and huge oil revenues amid high crude prices in the global markets. …
Al Hanoo Holding Marketing Plan for Sajaa District - Sharjah
Al Hanoo Holding, one the biggest active real estate companies in the region and the lead developer of the Emirates Industrial City project, has revealed part of its marketing plan for the warehouses project located in Sajaa district in the emirate of Sharjah. …
Kuwait's Mega-Project Plans
Kuwait plans to spend its bumper petro-dollar earnings on an array of mega projects over the next five years including a new business hub dubbed Silk City, a newspaper reported Wednesday. …
Makkah-Jeddah-Madinah Railway Project
The first phase of Makkah-Jeddah-Madinah railway project will be implemented shortly as the Saudi Railway Organization (SRO) has asked the four qualified consortia to present their technical and financial offers for the project in three months …
F Towers Project in Downtown Jebel Ali
 |
AME Info (press release) - United Arab Emirates
Fakhruddin Properties, one of the leading real estate developers in the UAE, is set to introduce F Towers, a state-of-the-art tower project that will be highlighted at Cityscape Dubai 2008, which is scheduled to take place from 6 to 9 October at the Dubai International Exhibition Centre. ...
Iskandar Financial District Revealed at Cityscape Dubai
The new multi-billion dollar Iskandar Financial District is revealed in the heart of Medini Iskandar during Cityscape Dubai
Zawya - United Arab Emirates
ALDAR Properties and Millennium Development International announced that they will be leading the development of a new multi-billion dollar Iskandar Financial District (IFD), located in southernmost tip of Malaysia adjacent to Singapore, on behalf of Global Capital, an investment entity representing prominent GCC and Malaysian Investors. ...
Zawya - United Arab Emirates
ALDAR Properties and Millennium Development International announced that they will be leading the development of a new multi-billion dollar Iskandar Financial District (IFD), located in southernmost tip of Malaysia adjacent to Singapore, on behalf of Global Capital, an investment entity representing prominent GCC and Malaysian Investors. ...
Sovereign Wealth Funds Real Estate Investment
SWFs to invest $725 billion in real estate by 2015
Economic Times - Gurgaon, Haryana, India
Economic Times - Gurgaon, Haryana, India
The much-maligned Sovereign Wealth Funds (SWFs) are now expected to become one of the most significant investors in the world's commercial property markets, potentially investing as much as USD 725 billion over the next seven years, a new report has revealed.
According to a report released by CB Richard Ellis Group, although more than half of the SWFs are believed to already hold direct commercial real estate investments, allocations to the sector are expected to rise substantially. ...
According to a report released by CB Richard Ellis Group, although more than half of the SWFs are believed to already hold direct commercial real estate investments, allocations to the sector are expected to rise substantially. ...
Wednesday, September 24, 2008
Solidere's Downtown Beirut. Plus Tower 1 and Plus Towers 2
 |
Zawya - United Arab Emirates
Plus Properties, an upcoming real estate developer in the Middle East, has announced its foray into the Lebanon Real Estate Market with the launch of two luxury residential properties in Solidere's Downtown Beirut. Plus Tower 1 and Plus Towers 2 will be located within the Beirut Gate project.
The pre-launch offer for Plus Towers - the first time such an offer was introduced in Lebanon - received an overwhelming response from Lebanese and expatriate international investors at a two-day event held recently at Al Habtoor Grand Hotel. ...
The Vantage at Waterfront Launched by: Cirrus Developments LLC
Cirrus reveals The Vantage at Waterfront AME Info (press release) - United Arab Emirates Cirrus Developments LLC, one of the fastest growing developers in the region, has launched a landmark tower, The Vantage, to great acclaim. Investor response to this new building has been emphatic. The Vantage is located on a prestigious plot in Waterfront which has been deemed 'iconic' by the master developer, Nakheel. ... |
Simplex Infrastructures Ltd to Construct Second Tower in Dubai
Simplex Infra bags Rs 630 cr Dubai order
Business Standard - Mumbai,Maharashtra,India
Simplex Infrastructures Ltd today announced that it has bagged an order Rs 630 crore for construction of the second tower of the Twin-Tower Complex in Dubai. The project is scheduled to be executed over the next 30 months. ...
First Dubai Real Estate Development Company to Take Over First Waterfront Company
 |
First Dubai prepares to execute large development plan
Zawya (press release) - United Arab Emirates
First Dubai Real Estate Development Company, a subsidiary owned by Al Mazaya Holding, has successfully increased its capital assets from KD 22 million to KD 94 million in a two weeks period, thus enabling the company to proceed with its plan to take over First Waterfront Company. First Dubai intends to raise its capital even further, to KD 100 million, within the first week of October. ...
Sunway Holdings Bhd’s Awarded Contract in Arzanah, Abu Dhabi
SunCon wins RM1.8bil Abu Dhabi housing job
Malaysia Star - Malaysia
Sunway Holdings Bhd's unit has been awarded a RM1.8bil contract for construction works at the Rihan Heights in the United Arab Emirates. The mixed housing project is located in Arzanah, Abu Dhabi.
Malaysia Star - Malaysia
Sunway Holdings Bhd's unit has been awarded a RM1.8bil contract for construction works at the Rihan Heights in the United Arab Emirates. The mixed housing project is located in Arzanah, Abu Dhabi.
SunCon senior managing director Datuk Tan Kia Loke said the latest contract would boost SunCon's order book to about RM3.3bil, of which more than 60% were from overseas. ...
Emirates Thermostone: 4 Major New Projects in UAE
Emirates Thermostone secures AAC contracts for 4 major projects in UAE
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
Emirates Thermostone, a wholly owned subsidiary of M'Sharie, the private equity arm of Dubai Investments PJSC, has secured contracts worth AED 9.4 million to supply AAC (Autoclaved Aerated Concrete) construction materials for four major projects in the UAE – a 5-star hotel in Abu Dhabi, mixed-use developments in Ras Al Khaimah and Al Nahda, and the Dubai Silicon Oasis project. ...
Aqaar Properties Ajman: Two Major New Developments
 |
Aqaar seeks to raise portfolio to Dh7b with two new projects
GulfNews - Dubai,United Arab Emirates
Ajman-based developer, Aqaar Properties, is hoping to raise its portfolio to around Dh7 billion by the end of this year, following two major new developments in Ajman to be announced next month.
GulfNews - Dubai,United Arab Emirates
Ajman-based developer, Aqaar Properties, is hoping to raise its portfolio to around Dh7 billion by the end of this year, following two major new developments in Ajman to be announced next month.
Aqaar will launch phase two of its first project, the Dh2.7 billion Ajman One, a mixed-use development which covers over 775,001 square feet. ...
Tuesday, September 23, 2008
Al-Reem Island Towers by Rakaa Properties at Cityscape Dubai 2008
Zawya (press release) - United Arab Emirates Rakaa Properties, the real estate arm of the Saudi owned Rakaa Properties and Holdings, and one of the leading real estate developers in the Gulf, is showcasing the Dynasty and Falcon Crest Towers recently developed on Al Reem Island, Abu Dhabi, at a cost of AED 1.5 billion, using smart building technology. ... |
Abu Dhabi’s Mubadala Partner with Kor Hotel Group
Kor Hotel Group and Abu Dhabi's Mubadala Partner to Grow Elite Brands Internationally Business Wire (press release) - San Francisco,CA,USA California-based Kor Hotel Group and Mubadala Development Company (Mubadala), a business development and investment company headquartered in Abu Dhabi, United Arab Emirates, announce the formation of a strategic partnership through Mubadala's acquisition of fifty-percent of Kor Hotel Group. The agreement will focus on aggressive global expansion of The Tides and Viceroy brands in key gateway cities and top resort destinations. ... |
Resort on Saadiyat Island to be Managed by Hyatt International
Hyatt to manage new resort on Saadiyat
Trade Arabia - Manama,Bahrain
Hyatt International will manage the luxurious five-star resort being developed by Abu Dhabi National Hotels (ADNH) on Saadiyat Island.
An agreement was signed today in this respect. Under the terms of the agreement, Hyatt will handle all operational and management aspects of the Park Hyatt that will be developed by ADNH on Saadiyat Island at the northern part. ...
Middle East Electricity Exhibition & Conferences Dubai 2009
 | ||||||||||||||||||||||
 | ||||||||||||||||||||||
| Middle East Electricity Exhibition & Conferences Dubai 2008 | ||||||||||||||||||||||
| ||||||||||||||||||||||
| ||||||||||||||||||||||
| ||||||||||||||||||||||
| ||||||||||||||||||||||
Russian to Pump USD 1.5 Billion into the Dubai Property Market in 2008
 |
International Property Show Moscow 2008 to attract major Russian into the region
Eye of Dubai (press release) - Dubai, United Arab Emirates
Russian investors are expected to pump USD 1.5 billion into the Dubai property market in 2008, as studies reveal their eagerness to find more investor-friendly markets outside their country.
With the outpouring of global real estate investments coming from Moscow-based multinational corporations, Strategic Marketing & Exhibitions (SME), organisers of the 'International Property Show' in Dubai, is set to launch the 'International Property Show Moscow 2008', with the aim of attracting major Russian investors into the emirate. ...
Monday, September 22, 2008
PURE International to launch Taheima Wellness Resort
 |
PURE International offers unique investment opportunity in Puerto Vallarta, Mexico
Gowealthy.com - Dubai,United Arab Emirates
International luxury property agent PURE International is launching one of the most impressive investment opportunities on Mexico's west coast to the Middle Eastern market.
Frankfurt Sports Tower I Launched by Menon
Memon Investments launches Dh338 million 'Frankfurt Sports Tower I' in Dubai Sports City
GulfNews - Dubai,United Arab Emirates
GulfNews - Dubai,United Arab Emirates
Memon Investments, Dubai-based property developer, has launched the Dh338 million Frankfurt Sports Tower I in Dubai Sports City (DSC).
The announcement is in line with the developer's plans to launch over 10 projects collectively valued at over Dh3 billion in various parts of the UAE. ...
Sunday, September 21, 2008
Skipton Wins £20 Million Contract for Dubai International Airport
Firm seals big Dubai deal
Bradford Telegraph Argus - Bradford, England, UK
Bradford Telegraph Argus - Bradford, England, UK
A water treatment company in Skipton is playing a key role in massive construction projects in the United Arab Emirates.
A subsidiary of ACWA Services has already completed the first phase of a £65 million contract to bring high-quality drinking water to Palm Island, a spectacular man-made island off the coast of Dubai.
Now ACWA Emirates LLC has won a £20 million contract to provide the sewage treatment plant for Dubai's Al-Maktoum International Airport, which aims to become the world's biggest airport. ...
Saturday, September 20, 2008
Shah Rukh Khan's Boulevard on Al-Dana in Ras AL Khaimah.
King Khan Becomes Property Builder in UAE
TopNews - Noida, Uttar Pradesh, India
SRK, the bollywood king, is trying his hands in property development in UAE. His first Project is called Shah Rukh Khan's Boulevard and is situated on the island of Al Dana in Ras AL Khaimah.
The island covers an area of 1700 sq km and is among the seven Emirates that form the UAE along the border of Oman. The development will consist of one and two bedroom apartments, designed by well-known architect Toni Ashai.
New Real Estate Projects to be Unveiled at MIPIM Horizons
New projects draw international investors to MIPIM Horizons
AME Info - United Arab Emirates
With hundreds of real estate projects set to be unveiled at MIPIM Horizons, the first edition of the world's property market dedicated to fast-growing regions is drawing unprecedented interest from the international investment community.
Among the 3,000 real estate professionals expected for the inaugural edition of MIPIM Horizons, some 500 investors, end-users and representatives of major international hotel groups will be attending the event which takes place from 2-4 December at the Palais des Festivals in Cannes, France....
AME Info - United Arab Emirates
With hundreds of real estate projects set to be unveiled at MIPIM Horizons, the first edition of the world's property market dedicated to fast-growing regions is drawing unprecedented interest from the international investment community.
Among the 3,000 real estate professionals expected for the inaugural edition of MIPIM Horizons, some 500 investors, end-users and representatives of major international hotel groups will be attending the event which takes place from 2-4 December at the Palais des Festivals in Cannes, France....
Solidere's Al-Zorah Project in London for the First Time
Solidere International showcases AED 220 billion Al Zorah Project in London
Eye of Dubai (press release) - Dubai, United Arab Emirates
Solidere International, one of the Mediterranean region's largest and most successful master-plan developers is displaying its ambitious AED 220 billion mixed use development, Al Zorah, in London for the first time at the Property Investor Show, held at ExCel, 19-21 September 2008.
The landmark development brings the city building skills of Solidere International, famous for its reconstruction of Beirut City Centre, to Ajman, the newest real estate and investor destination in the Arabian Gulf. ...
Eye of Dubai (press release) - Dubai, United Arab Emirates
Solidere International, one of the Mediterranean region's largest and most successful master-plan developers is displaying its ambitious AED 220 billion mixed use development, Al Zorah, in London for the first time at the Property Investor Show, held at ExCel, 19-21 September 2008.
The landmark development brings the city building skills of Solidere International, famous for its reconstruction of Beirut City Centre, to Ajman, the newest real estate and investor destination in the Arabian Gulf. ...
Abyaar's New Developments - Cityscape Dubai 2008
Abyaar to unveil landmark luxury developments at Cityscape Dubai
ArabianBusiness.com (press release) - Dubai, Umm al Qaiwain, United Arab Emirates
Abyaar Real Estate Development, the luxury boutique property developer, is showcasing three new developments - set to become Dubai landmarks - at the seventh annual Cityscape Dubai Exhibition 2008 to be held at the Dubai International Exhibition Centre from October 6th to 9th. ...
Real Estate Investors Heading from UAE to Austrailia
Global real estate investors turn their attention to Australia
International Herald Tribune - France
With $12 billion of commercial buildings up for grabs and its currency weakening, Australia is becoming a prime target for global funds interested in snapping up the bargains being offered by the country's troubled real estate trusts. ...
International Herald Tribune - France
With $12 billion of commercial buildings up for grabs and its currency weakening, Australia is becoming a prime target for global funds interested in snapping up the bargains being offered by the country's troubled real estate trusts. ...
Friday, September 19, 2008
Riyadh Road Projects
Thirty three new road projects in the capital have either been launched or are in their initial stages. The Higher Commission of Development of Riyadh City, at its fourth meeting here on Tuesday, informed its members about the commission's development projects in the financial year 1428-29 Hijra. ...
Dubai City Tower 3 Times Taller Than Burj Dubai
Meraas dreams of a city in the sky
The National - Abu Dhabi, United Arab Emirates
The National - Abu Dhabi, United Arab Emirates
It may seem like a tall order, but a Dubai developer is considering building a tower three times the height of the Burj Dubai.
Three designs have been drawn up for the planned Jumeirah Garden City project, with the most breathtaking being a 2.4km-high edifice called the Dubai City Tower. ...
Three designs have been drawn up for the planned Jumeirah Garden City project, with the most breathtaking being a 2.4km-high edifice called the Dubai City Tower. ...
KOP Capital Acquired 50% in Stein Group International
Singaporean Based Real Estate Investor Acquires Fifty Percent of Luxury Hotel Group
MarketWatch - USA
KOP Capital Pte Ltd recently acquired a 50% stake in Stein Group International, parent company for one of the fastest growing portfolios of integrated companies in the luxury travel and leisure sector. This investment, worth US$250 million, marks the local real estate company's foray into the global property arena, reaching across Europe and North America. ...
MarketWatch - USA
KOP Capital Pte Ltd recently acquired a 50% stake in Stein Group International, parent company for one of the fastest growing portfolios of integrated companies in the luxury travel and leisure sector. This investment, worth US$250 million, marks the local real estate company's foray into the global property arena, reaching across Europe and North America. ...
Balli Group Real Estate $3 Billion Expansion
Balli Group to unveil $3 billion real estate portfolio at Cityscape Dubai
Uk-re United Kingdom
Investor-developer, Balli Real Estate Holdings Ltd (BREHL), the property development and investment division of the Balli Group, is sending a senior team to Cityscape Dubai 2008 (6th-9th October). The team will be there to unveil details of BREHL's $3 billion (€1.94 bln.) property development and investment portfolio, as part of its global expansion plans. ...
Uk-re United Kingdom
Investor-developer, Balli Real Estate Holdings Ltd (BREHL), the property development and investment division of the Balli Group, is sending a senior team to Cityscape Dubai 2008 (6th-9th October). The team will be there to unveil details of BREHL's $3 billion (€1.94 bln.) property development and investment portfolio, as part of its global expansion plans. ...
Saudi Construction Projects in Excess of $460 Billion
Projects in excess of $460 billion (SAR1,725 billion) are currently underway in Saudi Arabia, placing the Kingdom on the verge of an unparalleled construction boom, says a report by National Commercial Bank.
This value figure, however, is a moving target, as projects are announced, rescoped or cancelled on a daily basis. Nonetheless, expectations are for more projects to enter the pipeline, it adds. ...
This value figure, however, is a moving target, as projects are announced, rescoped or cancelled on a daily basis. Nonetheless, expectations are for more projects to enter the pipeline, it adds. ...
Sobha Group Prepares New Project in Dubai
Sobha group prepares for downtown Jebel Ali launch
Al-Bawaba - Amman, Jordan
Sobha Group is preparing to launch its fourth commercial project in Dubai, at Downtown Jebel Ali, planned by Dubai based master developer, Limitless.
Al-Bawaba - Amman, Jordan
Sobha Group is preparing to launch its fourth commercial project in Dubai, at Downtown Jebel Ali, planned by Dubai based master developer, Limitless.
"Downtown Jebel Ali is one of the most ambitious developments taking shape in Dubai at present, and represents 'Future Dubai', with its close proximity to the new Al Maktoum International airport and the largest man-made sea port at Jebel Ali. ...
$1.49bn Dubai Project by Hillary Swank
Hillary Swank to launch $1.49bn Dubai project
ArabianBusiness.com - Dubai, Umm al Qaiwain, United Arab Emirates
Hollywood actress Hillary Swank will appear in Dubai next month to launch a $1.49 billion project on The World islands mega development.
Academy Award winner Swank has been signed as the face of development Aquitainia, according to a statement released by the project's joint developers Select Property and Select Group, on Wednesday. ...
Orascom Construction Industries Wins First Contract
| Arabian Sea Foundation Lands First Contract MarketWatch - USA Arabian Sea Foundation Lands First Contract for USD 150 million. Orascom Construction Industries (OCI) announced today that its newconstruction joint venture, "Arabian Sea Foundation" (1) based in AbuDhabi, UAE, in partnership with Hydra CommercialInvestments, Sorouh Real Estate PJSC (SOROUH.ADSM) and CapitalInvestment, landed its first construction contract worth USD 150million. ... |
Dubai's Daman Investments to Invest US$ 180M
Investors form US$180M Dubai airport-related firm
International Herald Tribune - France
Dubai's Daman Investments and eight partners are investing a combined US$180 million in a new company that will develop projects to support a massive airport being built in the city-state. ...
International Herald Tribune - France
Dubai's Daman Investments and eight partners are investing a combined US$180 million in a new company that will develop projects to support a massive airport being built in the city-state. ...
Aluminium Smelter Project: JV Saudi Arabia and UAE
Saudi To Invest $17 Billion In Aluminium Projects
Zaywa
Saudi Arabia has approved projects worth more than $17 billion to produce over three million tonnes of aluminium per year and become the dominant exporter of the metal in the Middle East, a leading Saudi bank said yesterday.
One of the biggest smelters in the Gulf Kingdom is a joint venture between Saudi Arabia and the UAE as it will have an initial output capacity of nearly 700,000 tonnes per year, with a potential to double that capacity. ...
Zaywa
Saudi Arabia has approved projects worth more than $17 billion to produce over three million tonnes of aluminium per year and become the dominant exporter of the metal in the Middle East, a leading Saudi bank said yesterday.
One of the biggest smelters in the Gulf Kingdom is a joint venture between Saudi Arabia and the UAE as it will have an initial output capacity of nearly 700,000 tonnes per year, with a potential to double that capacity. ...
Keangnam Enterprises Ltd Won US$758 Million Project in Algeria
South Korean Consortium Wins $758 M Algeria Bid
Zawya
South Korean builder Keangnam Enterprises Ltd. said Tuesday that a consortium consisting of several South Korean builders, including Keangnam, has won a US$758 million bid in Algeria to build infrastructure for a new city in the north of the country. …
Zawya
South Korean builder Keangnam Enterprises Ltd. said Tuesday that a consortium consisting of several South Korean builders, including Keangnam, has won a US$758 million bid in Algeria to build infrastructure for a new city in the north of the country. …
Al-Hanoo Holding Updated Al-Nujoom Islands Project
Al Hanoo invests Dhs600m to implement latest water canal technology in Al Nujoom Islands
AME Info (press release) - United Arab Emirates
Al Hanoo Holding, one of the biggest real estate developers in the Middle East, have updated the master plan for Al Nujoom Islands, the biggest waterfront project in the emirate of Sharjah, at a cost of Dhs600m. ... The Al Nujoom Islands project comprises a total of 10 islands, which are being developed in stages. It is expected to be completed in 2010. 35 km of sea water surround the island, while the islands' water canals extend to 25-100 meters in width, and reach 400 meters in some areas. ...
AME Info (press release) - United Arab Emirates
Al Hanoo Holding, one of the biggest real estate developers in the Middle East, have updated the master plan for Al Nujoom Islands, the biggest waterfront project in the emirate of Sharjah, at a cost of Dhs600m. ... The Al Nujoom Islands project comprises a total of 10 islands, which are being developed in stages. It is expected to be completed in 2010. 35 km of sea water surround the island, while the islands' water canals extend to 25-100 meters in width, and reach 400 meters in some areas. ...
Thursday, September 18, 2008
DEWA to Construct Three New Power Generation Substations
Dewa plans new power substations
Power Engineering Magazine - Tulsa, OK, USA
Dubai Electricity and Water Authority (Dewa) has set out to construct three main power generation substations with a capacity of 400/132 KV in three modern development locations in Dubai.
The state-owned firm has also announced tht it will comission electricity transference lines with a capacity of 400KV, with the total cost of the three stations and lines up to Dh2.120bn ($577m), Saeed Mohamed Al Tayer, Dewa's Managing Director and Chief Executive Officer has revealed. ...
Power Engineering Magazine - Tulsa, OK, USA
Dubai Electricity and Water Authority (Dewa) has set out to construct three main power generation substations with a capacity of 400/132 KV in three modern development locations in Dubai.
The state-owned firm has also announced tht it will comission electricity transference lines with a capacity of 400KV, with the total cost of the three stations and lines up to Dh2.120bn ($577m), Saeed Mohamed Al Tayer, Dewa's Managing Director and Chief Executive Officer has revealed. ...
Growth Rate 21% for Hotel Projects in Dubai
Tophotelprojects.com®: 7% growth of leading hotel projects worldwide
openPR (press release) - Hamburg, Germany
The opening of the Atlantis resort in Dubai (1,529 rooms) end of September marks the completion of only one hotel project of nearly 100 in the United Arab Emirates. Within the next five years, approximately 42,000 rooms will be added to the first class and luxury hotel market of Dubai. The number of leading hotels grows by 21 percent which is more than any other region of the world. According to a study of tophotelprojects.com®, the number of first class and luxury hotels worldwide is increasing by 7.1 percent (that means more than 2,570 hotels and resorts). ...
openPR (press release) - Hamburg, Germany
The opening of the Atlantis resort in Dubai (1,529 rooms) end of September marks the completion of only one hotel project of nearly 100 in the United Arab Emirates. Within the next five years, approximately 42,000 rooms will be added to the first class and luxury hotel market of Dubai. The number of leading hotels grows by 21 percent which is more than any other region of the world. According to a study of tophotelprojects.com®, the number of first class and luxury hotels worldwide is increasing by 7.1 percent (that means more than 2,570 hotels and resorts). ...
Canal Residence West Release
Dubai Sports City to release new residence
AME Info
Dubai Sports City will release the fifth and final building of its signature Mediterranean-style real estate development - Canal Residence West - at Cityscape Dubai 2008. ...
AME Info
Dubai Sports City will release the fifth and final building of its signature Mediterranean-style real estate development - Canal Residence West - at Cityscape Dubai 2008. ...
World Architecture Congress is Only 2 Weeks Away, Don't Miss Out
| |||||||||||||||||||||||||||||||||||
Subscribe to:
Posts (Atom)
Posts
