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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Tuesday, October 28, 2008

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. ...

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