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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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Sunday, July 6, 2008

KFH's $3.2bn project in Bahrain

KFH's $3.2bn project to be built on reclaimed island city in Bahrain (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
The Bahraini arm of a leading Islamic bank from Kuwait is developing two major real estate projects in the kingdom that are expected to change the ...


Metito and Rakeen Projects

Metito completes AED 17.12 Million project to design, build and ...
Zawya - United Arab Emirates
Mr. Salah El Ackad, General Manager of Dubai and Northern Emirates said, "It is a testament to the expertise of MetitoMetito that this project has not just ...

Rakeen hands over 281000 sq. ft. plot to AAKAR Marjan Island LLC
Al-Bawaba - Amman,Jordan
With a total built up area of 800000 sq. ft., the developer's inaugural project will rise on the largest island of the Al Marjan Island development. ...

InterContinental Property plans for Al-Raha and Yas Island

InterContinental plans to open nine properties in the Emirates (Article Link Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
We will also build two hotels on Yas Island and one at Al Raha Beach developed by Aldar by 2011. They include 430-room Crowne Plaza and 165-suite Staybridge ...


Real Estate offers 25% Discount at Reem Island Abu Dhabi

Resale market offers flat buyers a 25% discount in Abu Dhabi
The National - Abu Dhabi,United Arab Emirates
On Reem Island, for instance, they are not bringing their property up to present market levels of Dh2,400 per sq ft but would sell for Dh1,800 per sq ft, ...

White Bay and Atlantis Hotel (Mega-Projects)

Construction progressing at White Bay
AME Info (press release) - United Arab Emirates
As well as project managing White Bay on behalf of Al Murjan Real Estate, Emirates Sunland Group is currently developing several other projects in Dubai, ...

Dubai: What Credit Crunch?
Sky News - Isleworth,England,UK
It took almost 100 million cubic metres of sand taken from the ocean floor to build it and is now the site of some of the most expensive real estate in the ...

Adnoc Gas Deal with ConocoPhillips and Aramco Plan Project with Dow Chemical

Adnoc, ConocoPhillips Near Gas Deal
Wall Street Journal - USA
By MAJDOLINE HATOUM DUBAI -- Abu Dhabi National Oil Co., or Adnoc, will sign a long-awaited sour gas project deal with ConocoPhillips on July 8, ...

Aramco, Dow plan $26bn Saudi project
Gulf Times - Doha,Qatar
Royal Bank of Scotland Group and Riyad Bank will help raise 70% of the project's cost, said Abdulaziz al-Judaimi, Aramco's vice president for new business, ...