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Real Estate News Alert.

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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Friday, October 31, 2008

Danube Building Materials (DBM) to Invest BD 4 Million in U.K. Steel Market

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. ...

Qatar Real Estate Market Boom Requires 93,000 Residential Units by 2010

Qatar emerging as important player in Middle East real estate market
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

Anara Tower, arguably the most beautiful building in the world
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

TDIC and Action Impact in exclusive alliance accord
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

The Abu Dhabi Conference 2008
ArabianBusiness.com - Dubai, Umm al Qaiwain, United Arab Emirates
This extraordinary conference will provide you with an excellent opportunity to discover first-hand what is happening in Abu Dhabi. Abu Dhabi's key decision makers, government officials and leading industry figures will gather at this two-day event to define the future landscape of the Emirate's economy. ...
 
Date: 9 - 10 November 2008
Venue: Emirates Palace Hotel
City: Abu Dhabi
Country: United Arab Emirates
Industry Sector: Government
 
Click here for more information about Abu Dhabi's Conference 9-10 November 2008
 

Gulftainer Launched its Third Party Logistics (3PL) Operations

Momentum Logistics To Inv AED1B Over Next 7 Yrs
Momentum Logistics, subsidiary of international port management company, Gulftainer, has officially launched its third party logistics (3PL) operations.
The company offers a complete suite of top-quality 3PL and supply chain management services, including freight forwarding, transportation, storage and container repair services to clients looking to outsource their logistics requirements. ...

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.

Dh1b Mixed Use Green Building Launched
Khaleej Times, United Arab Emirates
Connection Real Estate has launched a landmark development project consisting of 21-storey twin Eco Towers at a cost of Dh1 billion.
A subsidiary of Bahrain-based International Investment Bank (IIB) and Abu Dhabi's United Friends Company (UFC), the new company Connection Real Estate plans green construction project. ...

Driving The Next Generation Of Power And Water With Intelligent Demand Fulfillment

Middle East Power Generation And Water Summit
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

AJMAN PROPERTY SHOW – Nov. 6 – 8, 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.
The exhibition will start on 6th until 8th of November 2008 in Ajman University of Science & Technology in Sheikh Zayed Center for Conferences & Exhibitions, Ajman. ...

Lewis Charles Securities to Invest in Abu Dhabi Real Estate

London Investor Preps First Abu Dhabi Property Fund
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

Dubai World Seeks Buyout Targets in U.S., Asia, Chairman Says
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

BrightDoor to exhibit at RealTech Middle East 2008
ArabianBusiness.com (press release) - Dubai, Umm al Qaiwain, United Arab Emirates
BrightDoor Systems today announced plans to exhibit at the RealTech Middle East 2008 event on November 3-4 at the Jumeirah Emirates Tower in Dubai, UAE.
This event will bring together global leaders in real estate technology and the Middle Eastern business community to discuss best practices for technology, automation, and innovation in real estate. ...

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

RCI signs timeshare affiliation deal with Salwan property management for exclusive 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

Sorouh partners with leading Abu Dhabi banks for mortgages on properties in the gate towers
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

Brand to Brand…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.
...Privately owned Nakheel Properties, also known as Nakheel Corporation was founded in 1990 in Dubai, Nakheel. Upon completion, its various waterfront projects will have added more than 1,000km of shoreline to Dubai's coastline. ...

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 Emblems of Kazakhstan's Energy Wealth
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

Zawya - United Arab Emirates
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).
The contract will involve the excavation of around 300 million cubic metres of earth along an 8.5 kilometre stretch of the Canal's route. ...

Dubai Land Deals to Hit Dh300 Billion

Zawya - United Arab Emirates
Land transactions in Dubai are expected to touch Dh300 billion by end of this year, says Sultan Butti bin Mijrin, Director-General of the emirate's Land Department, adding that this indicates the property sector in Dubai is not experiencing any negative impact from the international financial crisis. ...

DAMAC Expansion Supported by High Demand of Residential Property Projects

Population growth and an increasingly wealthy middle class are creating a boom in high-end real estate development in the GCC, especially in Saudi Arabian where government reforms are encouraging dynamic construction activity.

Neil Palmer Appointed Group Director for Al-Futtaim Group Real Estate (AFGRE)

Al-Futtaim appoints Group Director, Al-Futtaim Group Real Estate
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

Mayadeen unveils Dh1.6b project in Abu Dhabi
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.
Located in Shams on Al Reem Island, the project includes the construction of two residential towers, which will be 53 stories each and stand 208 metres high. The towers will feature 960 apartments, ranging from one bedroom to four bedroom penthouses and duplex rooms. ...

Nortel Solutions for New Hotel in Dubai

New hotel in Dubai to install Nortel solution
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

H.E. Saeed Al Tayer inaugurates OGS 2008 at Dubai International Convention and Exhibition Centre
AME Info
The 15th edition of OGS 2008, the premier technical and engineering event for the region's energy and automation sectors, including oil, gas, electricity, water and petrochemical exhibition, was inaugurated today (October 28, 2008) by H.E. Saeed Mohammad Al Tayer, Managing Director and CEO of DEWA at the Sheikh Rashid Hall of Dubai International Convention and Exhibition Centre.

Tunisia Real Estate: The Next Big Thing

Gulf property developers gear up to transform Tunisia's capital
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.
Diggers are busy tearing up the wider Tunis area, which is braced for vast urban development, as the government tries to boost economic growth to offset the country's spiralling unemployment. ...

UAE - Saudi Highway Project Drawn Up

UAE-Saudi Highway to Cost Dh10 Billion
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"

Adnec 'Capital Gate' eyes Guinness record
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

Saudi Arabia: As a sustainable response to the rising water shortage in Saudi Arabia, the district cooling plants for Bay La Sun Village, Emaar's prestigious residential project in King Abdullah Economic City, will use the naturally abundant resource of sea water via beach wells to cool buildings in the residential complex. ...

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.

"This is a very exciting time in the development of India's real estate market, and we are keen to explore our options here. Being well familiar with the Cityscape exhibition model, we feel that Cityscape India is the perfect vehicle for this purpose and we look forward to an eventful and fruitful exhibition in India this year."
Abdullah Al Majed, Vice Chairman, Tanmiyat Group



>> 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

Dubai creates water giant with German firm
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

Nakheel Selects BIW to Help Deliver 1 Kilometre High 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.
The Nakheel Tower, which will be over a kilometre high, is at the heart of a 10-year development in the Jebel Ali area of Dubai. BIW, who announced a corporate deal with Nakheel in March 2008, has been working with the project team since early 2007.

Monday, October 27, 2008

The Grand Fort Hotel Breaks Ground

Nakheel and Bharat Hotels break ground on The Grand Fort Hotel
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

First Dubai commences second phase of Morina Residence at Shams Abu Dhabi
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

Carrefour plans new hypermarket 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.
A critical element supporting Carrefour's decision was research which showed that Dubai Sports City was located at the centre of a significant retail catchment area, including the project's 70,000 residents and a projected 1.2 million people who will live within a 20-minute drive from Arena Mall.

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

Emaar, The Economic City to showcase latest developments within Bay La Sun Village at second EXCS Luxury Auto Event
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.
Held under the patronage of HRH Prince Khaled Alfaisal, Governor of Makkah Province, the exhibition will continue for three days, in which Emaar.E.C will be a strategic partner. ...

Amana Won Prestigious Contract to Build Dubai Bank's Branch in Jumeirah

Amana undertakes AED28 million contract for Dubai Bank building
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 prices start falling in Dubai and 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.
Off-plan sales have been the hardest hit as speculators struggle to meet instalment plans due to difficulties finding finance....

Dubai's Permanent Real Estate Exhibition Centre

Permanent real estate exhibition centre to be established in Dubai
Middle East Events (press release) - Dubai, United Arab Emirates
24 GROUP, one of the leading outdoor media specialists and exhibition stand builders, is establishing a permanent exhibition center where real estate players in the UAE and the Middle East can showcase their projects all year-round. The first permanent property and mortgage exhibition in the UAE is dubbed the Property Outlet and will be located at the shopping mall of Crowne Plaza Towers, in the heart of Dubai City's business district.

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

The region's leading showcase of Power Generation and Water Solutions.

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.

$60m residential project unveiled
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.
"Marina Reef at Reef Island is located in a prime location next to the Bahrain Financial Harbour," said vice-chairman Hedia Sassi. ...

The World's Tallest End-to-End Penthouse Collection in the Pentominium -

0Trident unveils new shape of superlative luxury
GulfNews - Dubai, United Arab Emirates
Luxury comes in different shapes, sizes, colours and flavours.
However, developers of the Pentominium - a multi-billion dirham project - is taking it to new heights - 516 metres to be exact, a new level, 120 floors to be precise, when it is completed in 2011.
Trident International Holdings (TIH), an iconic Dubai-based luxury real estate developer, is building the world's tallest end-to-end penthouse collection in the Pentominium - the first of its kind in the world - 172 units of them in total.

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.

UAE Delegation Keen to Invest 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.
The six-member delegation headed by Khudaim Abdullah Al-Dari that arrived here the other day indicated the interest during as meeting with Sindh Chief Minister, Syed Qaim Ali Shah.

Saturday, October 25, 2008

130-MW Solar Technologies' Power Plant in Dubai

Dubai launches initiative to harness solar energy
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.
Chairman of the Dubai government's investment vehicle Dubai World Sultan Ahmed Bin Sulayem has launched Solar Technologies, the Middle East's largest photovoltaic manufacturing facility, in the course of the Green Dubai World Forum-2008, ...

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

DIFC Investments, the investment arm of the Dubai International Financial Centre, today announced the launch of DIFC Global, a new subsidiary that provides a global network of premium business centres and corporate services that support companies in developing their international business. ...

Increase in Russian Investments in UAE Real Estate

Cash-rich Russians are expected to invest more in the UAE real estate market, especially Dubai, given the attractive returns on investment, according to a property developer. ...

Dubai's AED20bn Tourism Project Providing 5,000 Hotel Rooms

Bawadi Strikes Strategic Alliance with Dubai Properties to Develop 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

In current market turmoil, Dubai plans further expansion, and so far has encouraging results
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

Plan Abu Dhabi 2030: Sustaining Urban Mobility
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.
The UPC is thinking ahead many years to decentralise population density currently centred in the north eastern part of Abu Dhabi Island, with a high density spine extending southwards along Airport Road. ...

New U.S. Embassy in Dubai, United Arab Emirates.

BL Harbert International to build $127M embassy
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.
The Birmingham-based general contractor is set to start construction in mid November and the project should take 30 months, said a news release.

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.

Dubai rivals compete for $4bn South African mega project
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.
Ruwaad Holdings unveiled Amazulu World, a massive themed entertainment and mixed-use destination development on the north coast of Durban at a glittering ceremony in the emirate last month. ...

Unitra METS Group Aquired by ADIC

ADIC Acquires Unitra METS Group
Zawya - United Arab Emirates
ADIC MENA Partners, LP, a private equity fund managed by Abu Dhabi Investment Company (ADIC), announced the acquisition in a leveraged buy-out transaction of a majority stake in Al Zarooni Family's Unitra METS Group, a specialty beverage distributor, headquartered in Dubai - UAE, with 2008 revenues expected to be in excess of AED 600 million.…

Bahrain Clinches 50% of GCC Real Estate Projects

Lion's share for Bahrain
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.
"Of the $100-billion projects that have been announced or have begun development in the GCC, $20bn are in Bahrain," said Bipex 2008 chairman Mohammed Khalil Alsayed. ...

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

Schön Properties Launches 'Libertas' Commercial Tower
Al-Bawaba - Amman,Jordan
Schön Properties Launches 'Libertas' Commercial Tower.
Schön Properties has launched its latest commercial project, the AED 650 million Libertas tower, offering 21 floors of office and retail space in the Downtown Jebel Ali development on Sheikh Zayed Road.. ...

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

Over fifty UAE developers outline extensive participation at International Property Show Moscow 2008
Al-Bawaba - Amman, Jordan
Local developers eye fast-growing Russian market for their projects amidst global financial crisis
Over fifty UAE-based developers will outline their extensive participation at the first 'International Property Show Moscow 2008', the biggest international investment exhibition in Russia, which is slated to run from November 10 - 12, 2008 at Hall 1 of Crocus Expo International Exhibition Centre in the Russian capital.

Dadabhai Group's $100 Million West End Tower Landmark in Al-Seef Area

landmark TOWER
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.
Mobilisation of work on the 36-floor project has already begun at the site and the piling work is to begin by the end of this month, said group chairman Mohammed Dadabhai.

Dubai Properties to Partisipate in Extravaganza Moscow

Zawya (press release) - United Arab Emirates
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

SmartCity Malta plan 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.
The company has obtained approval for the masterplan of the $300 million (Dh1.1 billion) Smart-City Malta as well as the permit for the first building to be constructed on the site. ...

Bahrain International Property Exhibition (Bipex 2008) Kicks Off Tomorrow

Major property shows lined up
Gulf Daily News - Manama, Bahrain
INVESTORS, homebuyers and real estate professionals are bracing themselves for three specialised property shows within the next week.
Organisers of three-day Bahrain International Property Exhibition (Bipex 2008), which kicks off tomorrow, are anticipating a record attendance and hope to beat the $38 billion (BD14.3bn) generated at last year's show. ...

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

EMPG in $125m joint venture with Dubai government
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. ...
EMPG publishes textbooks, instructional technology, assessments and educational materials for elementary and secondary schools and colleges. ...

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

Zawya - United Arab Emirates
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.
The Italian company will partner with Mubadala to manufacture aerospace composite components for civil aircrafts at the recently announced Abu Dhabi-based composites plant. ...

Saudi Electricity Power to Reach $53.3 Billion by 2015

Saudi Power Sector Assets To Increase
Zawya - United Arab Emirates
Saudi Arabia's minister of electricity and water expected the investments in the Kingdom's electricity power sector to reach Dh195.5 billion ($53.3 billion) by 2015...

Tunisia's Gate Project Gets a Sales and Marketing Center

Sama Dubai, the international real estate investment and development arm of Dubai Holding, today announced the opening of its Marketing and Sales centre for the $25bn Mediterranean Gate project, developed in partnership with the Tunisian government in the capital city of Tunis.

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

Research and Markets: International Real Estate Finance Review 2008/2009 Illustrates Trends in the Global Real Estate market
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

Amazing Atlantis sets the scene
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

19 Companies Invest More Than AED 650 Million in 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

Sheikh Mohammed Bin Rashid Al Maktoum launches Wareed project 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

Abu Dhabi bridges gaps
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

Zawya - United Arad Emirates
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

Zawya - United Arab Emirates
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

Final schedule of Dh4bn worth Dubai Lagoon real estate project 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

ASGC wins Dhs1.1bn contract for Jumeirah Heights project
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




Cityscape – the global gateway to emerging real estate markets has joined forces with Adam Smith Conferences, producers of the annual Russian Real Estate Summit in Moscow, to create Cityscape Russia.

Cityscape Russia will be a 3-day international business-to-business networking exhibition and conference for senior real estate investors, developers and consultants. Running alongside the exhibition and conference will be a series of special networking and social events for including a Cocktail Party, Gala Dinner and the inaugural Cityscape Russia Real Estate Awards.

100+ exhibiting companies covering 7,000+ sqm of exhibition space will attract 4,000+ participants to Cityscape Russia 2009 making it the premier real estate investment and development event in Russia and the CIS.

Visit Cityscape Russia for further information and the latest news about this international real estate event.

Exhibiting Information

Click on the following link and complete the exhibition enquiry form if you would like to receive further information about booking an exhibition stand

Book a Stand

FREE Visitor Pass

Register TODAY for a FREE-of-charge visitor pass to attend the exhibition and also receive regular updates, news and information about Cityscape Russia

Register NOW

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.

Gitex the Middle East's Largest Technology Show Opens Today

Gitex Opens Its Doors Today In Dubai
Zawya - United Arab Emirates
Gitex, the Middle East's largest technology show organised by the Dubai World Trade Centre, opens on Sunday at Dubai International Convention and Exhibition Centre .
The 28th edition of the show is set to receive more than 130,000 visitors and host 3,300 companies from 83 countries over the next five days.
Major international companies launching new products and making announcements at the exhibition include BlackBerry, Dell, du, etisalat, Google, HP, Microsoft, Oracle, Panasonic, Samsung, Sharp, Sun MicroSystems and Symantec. The show opens to trade visitors at 1pm.
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Gitex Technology Week 2008 Middle East's Largest Information Technology Opened in Dubai.

The Middle East's largest information technology event, Gitex Technology Week 2008, opened Sunday in the Gulf emirate of Dubai.
Dubai ruler Sheikh Mohammad bin Rashid al-Maktoum, inaugurated the annual show which is expected to attract some 130,000 visitors. More than 3,300 companies from 83 countries are taking part in the fair.

Omniyat Properties Brakes Ground on Gemini at Business Bay

Gemini, Omniyat's Dhs500m project, breaks ground in 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

NOBLES Properties establishes strategic partnership and develops projects valued at 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.
NOBLES Properties has signed a strategic agreement with Rasmala, appointing the leading regional investment banking firm as issue manager and placement agent for 25 percent of the Waterfront and Burj Downtown Development Company.. ...

MagicBricks.com Golden Opportunity to Invest in Property in Pune, India

MagicBricks.com brings a golden opportunity for NRI & PIOs in Dubai 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.

RTA awarded Al Sufouh Tram Design and Build contract
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

Durrat Marina a major 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

Dubai Internet City (DIC), one of the world's largest managed ICT clusters and a member of TECOM Investments, today announced its schedule of discussion panels on the role of venture capital (VC) in the ICT sector at the Gitex Technology Week 2008.

Jumeirah Group Expansion Plans: 60 Hotels by 2012

Jumeirah to roll out 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.
The Dubai Government-owned hotel operator on Friday said it has signed five new hotels in the past two weeks, bringing the total number of new properties under development to 19. Jumeirah currently manages 11 hotels and resorts. ...