Dubai firm to invest BD4m in Kingdom
Zawya - United Arab Emirates
Dubai-based construction major Danube Building Materials (DBM) yesterday said it plans to invest about BD 4 million in the Kingdom's steel market as part of its plans to tap its booming construction sector. ...
Friday, October 31, 2008
Danube Building Materials (DBM) to Invest BD 4 Million in U.K. Steel Market
Qatar Real Estate Market Boom Requires 93,000 Residential Units by 2010
Economic Times - Gurgaon, Haryana, India
Qatar market is characterised by powerful economy, high domestic liquidity as well as per capita income. The country has a huge demand for properties. Experts estimate that demand is currently exceeding supply by a factor of four to one, driven both by buy-to-let growth and homebuyers. ...
Dubai not Running Out of Cash Dispite Global Financial Crisis
Dubai World chairman says group does not face funding crunch
GulfNews - Dubai, United Arab Emirates
... Dubai World on Thursday said it faced no resource-crunch in its expansion plans as its chairman discounted the likelihood of a huge impact of the global financial crisis on the Gulf region. ...
Anara Tower to Become Amazingly the Most Astonishing Tower
DVICE - USA
The skyscraper the Anara Tower, scheduled to be built next year. The skyscraper will be about 500 feet shorter than the world's tallest building — the Burj Dubai located nearby and nearly complete — but it'll still be one of the most massive structures ever built. ...
TDIC Alliance Action Impact
AME Info (press release) - United Arab Emirates
Tourism Development & Investment Company (TDIC) has signed an alliance agreement with Action Impact which will now be responsible for delivering a broad range of face-to-face communications for TDIC's live events and brand experiences over the next two years. ...
Abu Dhabi Conference 9-10 November 2008
ArabianBusiness.com - Dubai, Umm al Qaiwain, United Arab Emirates
City: Abu Dhabi
Country: United Arab Emirates
Gulftainer Launched its Third Party Logistics (3PL) Operations
Momentum Logistics, subsidiary of international port management company, Gulftainer, has officially launched its third party logistics (3PL) operations.
Gulf Countries Need Over USD 120Bn for New Power Generation Projects
GCC To Spend $120B On Power Generation Projects
In order to cope up with the increasing demand for power, the Gulf countries will need to spend over USD 120bn in the next ten years to set up new power generation projects in the region, predicted the weekly report of the 'Crescent Petroleum' based in Sharjah …
Thursday, October 30, 2008
Connection Real Estate Launched Twin Eco Towers Costing Dh1 Billion.
Khaleej Times, United Arab Emirates
Driving The Next Generation Of Power And Water With Intelligent Demand Fulfillment
ArabianBusiness.com, United Arab Emirates
On the back of the GCC population boom and the resulting business, construction, real-estate and industrial growth around the region, the demand for power and water has grown exponentially. You and your colleagues face the immense challenge of satisfying the booming, insatiable demand for electricity and water in the Middle East. ...
Ajman Property Show 6th Till 8th of November 2008
PR-CANADA.net (press release), Montenegro
Ajman, UAE - GULF STAR Property Developer is joining the local property exhibition show in Ajman. GULF STAR will be on Stand No. 27 in the exhibition presenting the Parkview PALACE in Park View City.
Lewis Charles Securities to Invest in Abu Dhabi Real Estate
Global Money Management, NY
London-based investment manager Lewis Charles Securities is preparing to launch the first ever UK fund to invest in Abu Dhabi real estate. ...
Record Interest at Gitex Technology Conference for Ringdale Connectivity Solutions
Ringdale reports record interest at Gitex Technology Week in Dubai
AME Info
Ringdale (R) Inc., a global technology specialist in network enhancing connectivity solutions, is pleased to report record interest in its IP-based Access Control, Time & Attendance and newly launched Home Automation products at Gitex Technology Week conference and exhibition held last week in Dubai. ...
Real Estate Analyst Exaggerate About UAE Slow Down
Dubai property market still shows promise
AME Info
Dubai's property market is currently beset by conflicting rumours, with analysts predicting a slow down or correction in the emirate's real estate prices and the municipal bodies and developers dismissing these fears as exaggerations. ...
Real Estate Market Once-in-a-lifetime Opportunity Across the World
Dubai sees once in a lifetime buying opportunities
Reuters
DUBAI, Oct 30 (Reuters) - State-owned Dubai World, a holding company which invests in businesses from shipping to real estate, said on Thursday that the global financial crisis had opened up once-in-a-lifetime opportunities across the world. ..."Today there are things in the market worth a fraction of what they should be worth,"...
Dubai World Targets U.S. and Asia Real Estate Market
Bloomberg
Dubai World, developer of the man- made Palm islands and what will become the world's tallest tower, is seeking buyout opportunities in the U.S. and Far East as asset prices are attractive after the global credit crisis. ...
RealTech Middle East 2008 event Dubai Features BrightDoor Systems
ArabianBusiness.com (press release) - Dubai, Umm al Qaiwain, United Arab Emirates
JDR Awarded Contract by Polarcus Group - Dubai
JDR Marine Cables To Supply Airgun Umbilicals and Lead-in Cables for Polarcus' Fleet of Six Ultra-Modern 3D Seismic Vessels
MarketWatch - USA
JDR, the renowned global provider of custom designed and manufactured marine cables, has been awarded the contract by the Polarcus Group based in Dubai U.A.E. for the supply of Airgun umbilical systems and Lead-in cable systems for their entire fleet of six new build, ultra-modern 3D seismic vessels. ...
RCI Affiliation with Salwan Property for Jumeirah Beach Residence Development
Business Intelligence Middle East (press release) - United Arab Emirates
RCI, the world's largest timeshare exchange company and a part of Wyndham Worldwide, has signed an affiliation agreement with Salwan, a property management company and a subsidiary of Dubai Properties Group (DPG), to offer the RCI Points® exchange program to the owners at Salwan Hotel Apartments. ...
The Gate Towers Got Quick Finances
AME Info (press release) - United Arab Emirates
Sorouh Real Estate PJSC, one of Abu Dhabi's leading real estate developers, today announced that it has signed agreements with three established financial institutions to help investors in The Gate Towers find conventional and Sharia-compliant mortgages.
Emaar VS Nakheel
Kipp Report - Dubai,United Arab Emirates
Emaar Properties, established in 1997 with a capital of $274 million, is a public joint stock company (PJSC) 32 percent owned by the Dubai government. Emaar posted $3.465 billion profits for the first nine months of 2008.
UAE's Backup Plan to Overwhelm Financial Crisis
UAE has a Backup Plan to Weather Financial Crisis, Says Top Official
Khaleej Times - Dubai, United Arab Emirates
DUBAI - The global liquidity crunch and financial market turmoil will not deter the UAE from implementing and delivering all announced projects on time because authorities have a back-up financing plan, says Hani Al Hamili, Secretary-General of the Dubai Economic Council (DEC). ...
Wednesday, October 29, 2008
Master Plan for a Massive Expansion of Aktau - Kazakhstan
Architectural Record - USA
The Boston-based firm Koetter, Kim & Associates is creating a master plan for a massive expansion of Aktau, a city originally developed by Soviet Russia to support oil drilling in the Caspian Sea (top). Foster + Partners designed the Khan Shatyr and Reconciliation for Astana, Kazakhstan's capital. ...
Invitation Bid for Phase II of Arabian Canal Work
Limitless is inviting construction firms to bid for the second phase of earthworks on Arabian Canal, its US$11 billion waterway, it was disclosed today (Tuesday).
Dubai Land Deals to Hit Dh300 Billion
DAMAC Expansion Supported by High Demand of Residential Property Projects
Neil Palmer Appointed Group Director for Al-Futtaim Group Real Estate (AFGRE)
AME Info - United Arab Emirates
Neil Palmer has been appointed Group Director for Al-Futtaim Group Real Estate (AFGRE), the real estate development and operations arm of Al-Futtaim, the privately-owned Dubai-headquartered company announced today.
Aurora Towers Launched
GulfNews - Dubai, United Arab Emirates
National Ranges Company (Mayadeen), a Kuwaiti shareholding property development firm, has launched Aurora, its Dh1.6 billion landmark project in Abu Dhabi, and opened it for sales.
Nortel Solutions for New Hotel in Dubai
Trading Markets (press release) - Los Angeles, CA, USA
Nortel, a communications technology company, announced on Tuesday (28 October) that the new Bavaria Executive Suites in Dubai plans to become the destination of choice for regional business travellers by providing an office away from the office with a hospitality solution built on Unified Communications from Nortel.
Dubai to Host Largest Russian Business Conference in UAE History - "The Russia Investment Roadshow"
Russia Investment Roadshow debuts in the UAE
Zawya (press release) - United Arab Emirates
This November, Dubai will play host to the largest ever Russian business conference in the history of the UAE. The Russia Investment Roadshow, organised by Eventica in cooperation with the Dubai Chamber of Commerce & Industry and the Russian Union of Industrialists and Entrepreneurs, will bring together over 500 industry CEOs and CFOs, bankers, investors, government figures, journalists and other opinion formers from the Russian Federation, the Gulf and all around the world.
Tuesday, October 28, 2008
Premier Technical and Engineering Event OGS 2008 Inaugurated Today
AME Info
Tunisia Real Estate: The Next Big Thing
Khaleej Times - Dubai,United Arab Emirates
TUNIS - Armed with a mass of petrodollars, Gulf construction companies stand at the vanguard of a property boom in Tunisia, which is opening itself up to foreign investors.
UAE - Saudi Highway Project Drawn Up
Al GHARBIA - Plans for the modernisation of the highway connecting Abu Dhabi and Al Guwaifat in Al Gharbia are being drawn up, it was disclosed by Abu Dhabi Transport Department's highway division.
Guinness Record for Capital Gate "Most Inclined Tower in the World"
Trade Arabia - Manama,Bahrain
As construction of Capital Gate continues in the UAE capital city, Adnec and RMJM, the project architects, have submitted a joint application to Guinness Book of Records to recognise 'Capital Gate' tower as the "most inclined in the world".
Bay La Sun Project to Cool Buildings by Sea Water
Emaar Properties Bought Back 200,000 Shares on Monday.
Emaar buys back 200000 shares ArabianBusiness.com Emaar Properties , the Middle East's largest property developer by market value, said it had bought back 200,000 shares on Monday. ... |
Cityscape India 8 - 10 December 2008 - Bombay Exhibition Centre, Mumbai.
Read all the news, views, announcements, plans and opportunities that Cityscape India exhibitors will present at the forthcoming Cityscape India event from 8 - 10 December 2008 at the Bombay Exhibition Centre, Mumbai. Over 7,000 international real estate investors, developers, consultants, architects and many more senior-level, influential professionals will attend India's ONLY international platform to access the world's most exciting real estate emerging market. | |
>> Click here to register free of charge for Cityscape India Exhibition. Your fee includes access to the exhibition and developer project showcases. >> Click here to register as a VIP visitor Cityscape Exhibition. Your fee includes access to the exhibition, developer project showcases, VIP networking lounge, cocktail party and the online business matching service. PLUS NEW FOR 2008! Investor Round Table Forums Investors & Developers Networking Reception Infrastructure Finance & Investment at Cityscape India Conference Retail City Summit Day at Cityscape India Conference To log your interest in participating in any of the above events please email Faye Black |
Metito Partners with German Firm for US$1 Billion Water Projects
The National - Abu Dhabi, United Arab Emirates
Metito, a Dubai-based water company, announced today it would partner with a major German firm to create a US$1 billion (Dh3.67bn) regional heavyweight to bid for water projects in the GCC and North Africa.
The new company, to be called Metito Berllinwasser, will compete with several well-established multinationals to satisfy growing demand for desalinated water and wastewater treatment services in the region. ...
Nakheel Selected SaaS Specialist for Iconic 1 Kilometre Nakheel Tower
PR Newswire UK (press release) - London,UK
Nakheel, Dubai's leading property developer, has selected BIW Technologies (BIW) to deliver Software-as-a-Service applications to support design and construction of Nakheel Tower, part of the Nakheel Harbour & Tower development.
Monday, October 27, 2008
The Grand Fort Hotel Breaks Ground
Zawya (press release) - United Arab Emirates
Nakheel, Dubai's master developer, has today broken ground on its first joint-venture project with Bharat Hotels Limited Group. The five-star development, The Grand Fort Dubai, at Al Furjan, will be owned by Cavern Hotel and Resorts, the newly formed joint-venture company. The hotel will be architecturally inspired by the royal palaces and forts from the beautiful region of Rajasthan in India. ...
First Dubai Real Estate Development Awards Phase 2 of Morina Residence Project
ArabianBusiness.com (press release) - Dubai, Umm al Qaiwain, United Arab Emirates
Real estate development company, First Dubai Real Estate Development, a subsidiary of Al Mazaya Holding, has awarded the contract for the second construction phase of the Morina Residence project, located near Shams Abu Dhabi on Al Reem Island, to Q Construction following an extremely competitive bid among several top contractors.
New Carrefour Hypermarket Plan at Arena Mall in Dubai Sports City
GulfNews - Dubai, United Arab Emirates
Carrefour, the world's second largest retailer, has announced it will develop a 136,000 square foot hypermarket in Dubai Sports City to support its growth strategy in the Middle East.
Ramee Group of Hotels & Resorts to Enter 5 Star Hotel Category
Ramee to Enter 5 Star Hotel Category ; Plans Dh5b Projects
Khaleej Times - Dubai, United Arab Emirates
Ramee Group of Hotels & Resorts has announced an ambitious plan to enter 5 Star hotel category and real estate developments with an estimated outlay of AED 5 Billion across Middle East and India.
Emaar, The Economic City Showcase within Bay La Sun Village
Zawya (press release) - United Arab Emirates
Jeddah, Saudi Arabia - Emaar, The Economic City, the Tadawul-listed company developing King Abdullah Economic City (KAEC), will showcase the varied lifestyle aspects of Bay La Sun Village at the second EXCS Luxury Auto Event, to commence in Jeddah on Monday, October 27, 2008, at Hilton Hotel.
Amana Won Prestigious Contract to Build Dubai Bank's Branch in Jumeirah
Arabianbusiness.com - Dubai, United Arab Emirates
Amana Contracting and Steel Buildings, the regional leader in the design, construction and commissioning of commercial and industrial buildings in the Middle East, has won a prestigious contract to build Dubai Bank's branch in Jumeirah.
When Is the Right Time to Buy Property in Dubai & Abu Dhabi?
Property Wire - St. Albans, England, UK
Property sales in Dubai and Abu Dhabi have stalled and resale prices have dropped for the first time due to the global financial crisis, according to real estate professionals.
Dubai's Permanent Real Estate Exhibition Centre
Middle East Events (press release) - Dubai, United Arab Emirates
Azizi Investments Introduces Two New Residential Offers
Azizi Investments building its family with new Feirouz launches at Al Furjan
ArabianBusiness.com (press release) - Dubai, Umm al Qaiwain, United Arab Emirates
Azizi Investments, one of the Gulf's fastest growing real estate developers, has completed the 2nd phase of its property launches at Al Furjan with the introduction of two new residential offers that complete its Feirouz collection. ...
Power Generation & Water Middle East Ehibition Open
Dates: 26 – 28 October 2008
Times: 11.00am - 7.00pm daily
Venue: Abu Dhabi National Exhibition Centre
Location: Halls 2 and 3
Visitors are invited to register free of charge onsite at the exhibition.
Power Generation & Water Middle East features companies offering products and services including:
POWER GENERATION
Adaptors, Ammeters, Batteries, Busbar Systems, Cables, Capacitors, Circuit Breakers, Connectors, Distribution Equipment, Earthing Equipment, Enclosures, Fuses - Fusegear - Fuse Switches, Generators, Insulation, Junction Boxes, Nuclear Power Generation & Equipment, Switchgear & Control Gear, Transformers, UPS & Invertors, Wiring
WATER
Chemicals, Compressors, Desalination Systems & Equipment, Dewatering Equipment, Distribution Equipment, Flowmeters, Irrigation Systems, Membranes, Pipes & Pipeline Fittings, Pumps, Reverse Osmosis (RO) Plants, Water Filtration & Purification Equipment, Water & Waste Water Treatment Systems, Water Heaters, Water Metres
In the News: Power Generation & Water
Over US$9.5 billion earmarked for water and electricity projects in Abu Dhabi
Zawya - United Arab Emirates
With traditional markets firmly in the grip of the current global economic recession, the major players in the power and water sectors are seeking new opportunities, and emerging markets do not come any bigger than Abu Dhabi, with cumulative investments over the next 5 years expected to exceed US$271billion.
Huge potential for desalination plants
Gulf News - United Arab Emirates
The size of waste water treatment and desalination projects under construction in the Middle East is currently around $100 billion (Dh367 billion) and the market is slated to get even bigger with time with expanding economies and population growth, senior industry executives told Gulf News on the sidelines of the Power Generation and Water Middle East exhibition and conference here on Sunday.
Sunday, October 26, 2008
Three Residential Towers at Bipex2008.
Gulf Daily News - Manama, Bahrain
THREE residential six-storey buildings are being showcased by Century Homes at its $60 million (BD22.8m) Marina Reef project at Bipex2008.
The World's Tallest End-to-End Penthouse Collection in the Pentominium -
GulfNews - Dubai, United Arab Emirates
Luxury comes in different shapes, sizes, colours and flavours.
Dubai Properties to Develop a Dh20 Billion Tourism Project at Bawadi
Dh20bn tourism project at Bawadi
Zawya - United Arab Emirates
Bawadi, a member of Tatweer Dubai, yesterday signed an agreement with Dubai Properties, a member of Dubai Properties Group (DPG), to develop a Dh20 billion tourism project over a 30 million sq ft area at Bawadi the mega hospitality and tourism destination being developed in Dubai. ...
UAE Keen to Invest in Agriculture-Based Projects in Sindh.
Khaleej Times - Dubai, United Arab Emirates
KARACHI — A UAE delegation has shown interest in investing in Sindh province specially in agriculture-based projects.
Saturday, October 25, 2008
130-MW Solar Technologies' Power Plant in Dubai
Hindu - Chennai, India
Dubai (IANS): As part of its efforts to reduce pollution and create alternative sources of energy to meet growing demand, the city of Dubai has launched a major initiative to harness solar energy.
Deyaar Showcases at Russian Extravaganza - Moscow Exhibition
Deyaar showcases its iconic properties at premier Russian exhibition
Zawya (press release) - United Arab Emirates
Following its overwhelming success at the recently concluded Cityscape Dubai 2008, Deyaar Development, the region's fastest growing real estate company, is showcasing select commercial and residential properties at Extravaganza Moscow, the premier European exhibition for luxury properties and products, being held between October 24-26, 2008 ...
Dubai's Renewable Energy Conference 2008 Starts
Renewable Energy Conference Dubai 2008 to be held tomorrow
AME Info
With energy policy high on the national and global political agenda, the Renewable Energy Conference Dubai 08 is an invaluable opportunity for investors to explore the potential renewable sources of energy which could offer real benefits to Dubai and the UAE. ...
Dubai International Financial Centre Global Launched
Increase in Russian Investments in UAE Real Estate
Zawya - United Arab Emirates
Dubai's AED20bn Tourism Project Providing 5,000 Hotel Rooms
Zawya - United Arab Emirates
Bawadi, a member of Tatweer Dubai, today signed an agreement with Dubai Properties, a member of Dubai Properties Group, to develop AED20 billion tourism project over a 30 million sq ft area at BAWADI, the mega hospitality and tourism destination being developed in Dubai. ...
Dubai Redefines Limits and Boundaries and Plans Further Expansions
PR-Inside.com (Pressemitteilung) - Wien, Austria
Dubai has long been a place full of optimism, superlatives and things that are, quite frankly, occasionally unbelievable. From the building of the now-iconic Burj-al-Arab hotel that really put the Emirate on the map, to the construction of the most ambitious artificial islands imaginable, Dubai is able to redefine limits and boundaries before anyone else has even thought about it.
Abu Dhabi Urban Planning Council: Year 2030
Zawya (press release) - United Arab Emirates
The Abu Dhabi Urban Planning Council (UPC) is designing a development strategy which is integrating land use and transportation - a concern for urban planners - for the UAE capital through the implementation of a unique concept.
New U.S. Embassy in Dubai, United Arab Emirates.
Bizjournals.com - Charlotte,NC,USA
BL Harbert International LLC said it was awarded the $127 million contract to build the new U.S. Embassy in Dubai, United Arab Emirates.
FrameMax Building Expansion Overseas
FrameMax Building New Fortunes Overseas
San Diego Business Journal - CA,USA
San Diego construction design firm FrameMax secured a $10 million round of funding led by Arcapita Ventures to support expansion in the Middle East, where oil-driven real estate construction is exploding. ...
Friday, October 24, 2008
Mega International Events on Building Materials and Real Estate
Bangalore successfully concludes BuildArch & BuildUp 2008; sees over 5000 business visitors and generates business enquiry of Rs. 50 Crores
India PRwire (press release) - Gurgaon, Haryana, India
BuildArch & BuildUp 2008, two concurrent mega international events on building materials and real estate, organised by BIEC, CII and DMAG came to a successful close today. Over 5000 business visitors thronged the exhibition and generated business enquiry of Rs. 50 Crores . In the first edition itself, the event attracted 200 exhibitors participating including those from ten other countries - Austria, Belgium, France, Germany, Spain & UAE among others. There were also country group pavilions from Australia, Italy and Korea. ...
Ruwaad Holdings Unveils Amazulu World Near Durban South Africa.
ArabianBusiness.com - Dubai, Umm al Qaiwain, United Arab Emirates
A Dubai-based company behind a $4 billion development in South Africa says it is confident that the project will not be derailed amid a political row.
Unitra METS Group Aquired by ADIC
Bahrain Clinches 50% of GCC Real Estate Projects
Gulf Daily News - Manama, Bahrain
NEARLY a fifth of construction projects all over the Gulf, announced in the last few weeks, are happening in Bahrain, it emerged yesterday.
Archangel Island Bought by Pearl Dubai for US$27m
Pearl Dubai buys US$27m private island
The National - Abu Dhabi, United Arab Emirates
Residents of Dubai Pearl will now be a boat trip away from their own private beach after the developer, Pearl Dubai, bought an island at Nakheel's The World development.
The company paid US$27.2 million (Dh100m) for Archangel, a 1.6 million square foot island close to Siberia and is located in the north of the 300-island development. Pearl Dubai will spend another Dh800m building on it. ...
AED 10 Billion New Projects Announced by Aarvees Real Estate Group in UAE
Aarvees Group announces projects worth AED 10 Billion in the UAE
Al-Bawaba - Amman,Jordan
Over the past few years, UAE's booming real estate sector has experienced an exponential growth. Aarvees Group has been one of the major players in the realty market since the freehold laws were implemented in 2002 and have been building on their portfolio of land bank acquisitions at primmest areas in the prospering emirate of Dubai ever since. ...
Libertas Commercial Tower Launched by Schön Properties
Al-Bawaba - Amman,Jordan
Schön Properties Launches 'Libertas' Commercial Tower.
UAE Real Estate Developers to Attract Russian Investors from First International Property Show Moscow 2008
50 UAE developers eye major Russian investment
ArabianBusiness.com - Dubai, Umm al Qaiwain, United Arab Emirates
More than 50 UAE-based real estate developers are travelling to Moscow in a bid to attract wealthy Russian investors. The companies, including Damac Properties, Azizi Investments and The First Group are lined up to take part in the first International Property Show Moscow 2008, next month. ...
Wednesday, October 22, 2008
UAE Developers Participate in International Property Show Moscow 2008
Al-Bawaba - Amman, Jordan
Local developers eye fast-growing Russian market for their projects amidst global financial crisis
Dadabhai Group's $100 Million West End Tower Landmark in Al-Seef Area
Gulf Daily News - Manama, Bahrain
Dadabhai Group's $100 million West End Tower is hoping to become the new architectural, engineering and commercial landmark in the Seef area, it was revealed yesterday.
Dubai Properties to Partisipate in Extravaganza Moscow
Dubai Properties, a subsidiary of Dubai Properties Group, today announced its participation in 'Extravaganza Moscow', a premier exhibition for luxury properties and products, as a part of its overarching marketing strategy to target European investors. ...
Master Development of SmartCity Malta Approved
GulfNews - Dubai, United Arab Emirates
SmartCity, a joint venture between Tecom Investments and Sama Dubai, will start construction of the master development of SmartCity Malta within a month.
Bahrain International Property Exhibition (Bipex 2008) Kicks Off Tomorrow
Gulf Daily News - Manama, Bahrain
INVESTORS, homebuyers and real estate professionals are bracing themselves for three specialised property shows within the next week.
Emaar The Economic City Signs Contract with Orange Business Services
Emaar, The Economic City awards real estate smart city consultancy contract to Orange Business Services
Zawya (press release) - United Arab Emirates
Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), has signed a real estate smart city consultancy contract with Orange Business Services, the business services arm of France Telecom. ...
Dubai Government JV with EMPG
Irish Times - Dublin, Ireland
BARRY O'CALLAGHAN'S Education Media and Publishing Group (EMPG) is entering into a $125 million (€94 million) venture with the government of Dubai to target the educational publishing sector in high-growth developing markets. ...
Callison to Design and Build 7M-SF Project of Tameer
Tameer Selects Callison for 7M-SF Project
GlobeSt. com - New York, NY, USA
DUBAI-The locally based Tameer Holding has hired Seattle-based Callison to design and build the four-million-sf Eye Park here, which will have more than 2,800 condominiums and 100,000 sf of retail in six tall towers. The two companies are also negotiating a plan for an additional 2.6-million-sf building that would have another two million sf of condos and 600,000 sf of retail, ...
Tuesday, October 21, 2008
Finmeccanica & Mubadala in Hi-Tech Partnership
Finmeccanica, the Italian leading aerospace company, and Mubadala Development Company, an Abu Dhabi-based business development and investment company, today announced an agreement for a hi-tech industrial partnership.
Saudi Electricity Power to Reach $53.3 Billion by 2015
Tunisia's Gate Project Gets a Sales and Marketing Center
Ras Al-Khaimah Plans a $5 Billion Business Centre at Hyderabad
UAE's RAKIA plans $5 bln economic hub in India
Reuters India - Mumbai,India
The investment arm of the Gulf Arab emirate of Ras al-Khaimah plans a $5 billion business centre at Hyderabad in the south of India as it looks to expand its investments abroad. ...
Report on Global Real Estate Market Review and Trends
Trading Markets (press release) - Los Angeles,CA,USA
Research and Markets has announced the addition of the "International Real Estate Finance Review 2008/2009" report to their offering. The real estate investment market is increasingly global, with a growing number of real estate operating companies and Real Estate Investment Trusts (REITs) investing cross border. In addition, listed real estate investment managers are continuing to role out multi-region/global investment products. ...
Bukit Kiara Group JV Al Batha Group in Malaysia and Overseas.
Bukit Kiara in UAE JV It is injecting RM700mil of properties By Al Batha group
Malaysia Star - Malaysia
The Bukit Kiara group is injecting its properties, with a gross development value (GDV) of RM700mil, into a joint-venture (JV) company with United Arab Emirates' Al Batha group to focus on property developments in Malaysia and overseas. ...
Atlantis - Dubai's Ceremony
AME Info (press release) - United Arab Emirates
The $1.5bn resort development of Atlantis, The Palm in Dubai, which opened at the end of September is the location of this year's World Travel Awards Middle East ceremony on 28th October. ...
World Tallest Book Inside Burj Dubai
Only in Dubai : The Burj Dubai Opus
Seattle Post Intelligencer - USA
When the Burj Dubai opens early next year it will be the world's tallest building. In the lobby will be a copy of what has to be the world's tallest book. The 'Burj Dubai Opus' stands 15 feet tall. ...
Constructing Factories at Dubai Industrial City
By Market Digest
Dubai Industrial City, a member of Tatweer, today announced that 19 companies are currently investing more than AED 650 million in the construction of their manufacturing units within the industrial township in the base metal, mineral, transport, equipment and parts, as well as the food and beverage zones, marking total investment in the city in excess of AED 650 million. ...
"Wareed" Launched by Sheikh Mohammed at GITEX 2008
AME Info (press release) - United Arab Emirates
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, today launched the 'Wareed', healthcare data system at the project's stand during His tour of Gitex 2008 ...
Emaar Pakistan New Trendy Lifestyle
Luxury villas set a new trendy lifestyle
The News International - Karachi, Pakistan
Villa living is not merely about spatial dimensions. It also encompasses the essence of community spirit, where people live as one closely-knit neighbourhood where, yet, they are assured of privacy. Emaar Pakistan is celebrating this trend-setting choice of homes with Alma townhomes in Canyon Views, Islamabad. ...
Sheffield Real Estate Announces New Projects on Dubai Waterfront
Sheffield announces Dh3.5b projects on Dubai Waterfront
GulfNews - Dubai, United Arab Emirates
Sheffield Real Estate FZC, developers of the skyscraper Marina 101, said it will build three projects on the Dubai Waterfront at a cumulative investment value of Dh3.5 billion. ...
New Wave of Investments at Budva’s Riviera
Visit-Montenegro.com : Financial Gain Even Before the Foundation has been laid
Visit Montenegro - Podgorica, Montenegro
Builders of Hotels on the Coast Collect Revenues Before the Realization of Huge Investments Even Begins: new wave of investments, which has exploded at Budva's Riviera during the last couple of years, has promoted a new model of investment into hotel business. Unlike in earlier cases, when those who had bought hotels or land invested only to its' rebuilding, adaptations or building, it is no longer the case. It seems to be new rule that those who announce building of luxurious hotels, start with the building of villas and apartments for sale and, only then, consider doing hotel business. ...
Abu Dhabi Planning 32 Bridges
The National - Abu Dhabi,United Arab Emirates
... While the average driver coming into Abu Dhabi is likely to cross the water in only two places – the Maqta and Mussafah bridges – the municipal authorities are planning another 32 bridges in a strategy to connect the main island with nearly 6,000 hectares of land on islands that will be home to racetracks, skyscrapers, malls and homes for hundreds of thousands of new residents. ...
Axiom Telecom New JV with Future Group
Future Group in JV with UAE-based Axiom for mobile retailing
Economic Times - Gurgaon, Haryana, India
Kishore Biyani promoted Future Group today said it has entered into a joint venture with UAE-based mobile retail company Axiom Telecom and plans to set up more than 1,500 outlets across India by 2009, entailing an investment of 40 million dollars.
The new JV, Future Axiom Telecom Ltd, would take charge of the 500 odd Mobile Bazaar and Mport stores in 58 cities operated by Future Group under the name of ConvergeM since the company ventured into mobile retailing in 2006, Future group said in a statement. ...
Monday, October 20, 2008
Tabreed Bahrain Signs New District Cooling Plant
Tabreed Bahrain, the world's leader in district cooling technology, announced today the signing of agreements with SNC Lavalin Gulf Contractor International
SNC-Lavalin Group one of the world's largest engineering firms, to construct a District Cooling Plant at Bahrain Financial Harbour (BFH),
and Sumitomo Corporation (in collaboration with Japan AE Power Systems Corporation), one of the Japan's largest technology firms, to supply BFH with 2 new 66kV City Substations. As part of its growth strategy, Tabreed is planning to increase its capital to finance its rapid expansion in the Kingdom. ...
Borouge To Build Logistics Hub In Guangzhou, China
Borouge, a leading provider of innovative, value creating plastics solutions, has today signed a service contract with Enpro Supply Chain Management Limited to build the Borouge Guangzhou Logistics Hub in the Nansha area of Guangzhou, China. ...
AECOM Technology Corporation Signed Contract with Abu Dhabi's Tourism Development & Investment Company
AECOM Announces Contract with Abu Dhabi Tourism Development & Investment Company (TDIC) with Net Value Expected to Exceed $210 Million Through 2013
MarketWatch - USA
AECOM Technology Corporation a leading provider of professional technical and management support services for government and commercial clients around the world, today announced that it has signed a contract to provide development management services to Abu Dhabi's Tourism Development & Investment Company (TDIC) for the Saadiyat Island Cultural District and other projects in the United Arab Emirates (UAE). ...
JAFZA to Release a Master Plan at Orangeburg County Development Summit
Jafza to unveil master plan at Nov. summit
The Times and Democrat - Orangeburg, SC, USA
The Orangeburg County Development Commission and Orangeburg County Council have scheduled an economic development summit for Nov. 12. ...Jafza, a subsidiary of Dubai World, will highlight the event with the scheduled release of its much-anticipated master plan. ...
Real Estate Project Worth AED 4bn at Dubai Lagoon Announced
Gowealthy.com - Dubai,United Arab Emirates
Dubai-based real estate developer, Schon Properties, announced final and comprehensive schedule pertaining to the Dh4 billion Dubai Lagoon project. ...
Nakheel Awards Project to Al-Shafar General Contracting
AME Info (press release) - United Arab Emirates
Al Shafar General Contracting (ASGC) has won a prestigious contract worth Dhs1.1bn from Nakheel, to construct a mixed residential development in Jumeirah heights ...
Sunday, October 19, 2008
Russian & CIS Real Estate Market - Cityscape Russia, 2-4 June 2009 at Expocentre, Moscow
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Gitex the Middle East's Largest Technology Show Opens Today
Gitex Technology Week 2008 Middle East's Largest Information Technology Opened in Dubai.
Zawya United Arab Emirates
Omniyat Properties Brakes Ground on Gemini at Business Bay
AME Info (press release) - United Arab Emirates
Omniyat Properties, the real estate development arm of Omniyat Holdings, has announced today it has broken ground on Gemini, an Dhs500m freehold office tower in Dubai's Business Bay. ...
NOBLES Properties Develops Projects Valued AED 8 Billion
ArabianBusiness.com (press release) - Dubai, Umm al Qaiwain, United Arab Emirates
NOBLES Properties revealed further details relating to its two forthcoming high-end luxury residential apartment complexes, with an estimated total value of AED 8 billion, located in the Dubai Waterfront and Burj Dubai areas.
MagicBricks.com Golden Opportunity to Invest in Property in Pune, India
AME Info (press release) - United Arab Emirates
MagicBricks.com, India's No 1 property site brings an excellent opportunity for NRIs & PIOs, in Dubai who are planning to invest in the lucrative real estate market in Pune, India.
Design and Build Contract of Al-Sufouh Tram way Awarded to Alstom and BESIX.
AME Info - United Arab Emirates
The Roads and Transport Authority recently announced that the design and build contract for the first 9.5 kms phase of Al Sufouh Tram way has been awarded to a consortium comprising of Alstom and BESIx. ...
1.55 Mile-High Skyscraper Planned for Jumeirah City Project - Dubai
The Plans for the 1.55-Mile-High Skyscraper in, You Guessed It, Dubai
Gizmodo - USA
Forget the 3280 feet-high 200-floor Nakheel Tower because it's no longer going to be the highest skyscraper in the world. The new upcoming beast is this this amazing 1.55-mile-high skyscraper planned for the Jumeirah City project in Dubai ...
Durrat Marina World's Largest Attraction at Cityscape Dubai 2008
Zawya (press release) - United Arab Emirates
Durrat Marina was a major attraction for hundreds of visitors attending Cityscape 2008, the world's largest business -to- business real estate. The project is designed to be a diversified, world class marina, and it continues to make head waves throughout the region as it attracts investors from around the world, notably at the Cityscape Exhibition held in Dubai last week (6th - 10th October). ...
Saturday, October 18, 2008
Dubai Internet City Venture Capital at Gitex Technology 2008
Jumeirah Group Expansion Plans: 60 Hotels by 2012
GulfNews - Dubai, United Arab Emirates
Jumeirah Group, the Dubai-based luxury hotel company that manages the Burj Al Arab, will go ahead with its global expansion plan, which will see the rollout of 60 hotels by 2012, despite the global financial crisis, a top official said.