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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, September 30, 2008

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, ...

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