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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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Thursday, July 24, 2008

Sorouh Sets Securitisation Prices

UPDATE 1-UAE's Sorouh sets securitisation price guidance
Reuters - USA
By John Irish DUBAI, July 24 (Reuters) - United Arab Emirates developer Sorouh Real Estate has set initial price guidance for the sale of 4 billion ...
...Securitisation allows companies to package assets -- such as loans, rental properties or infrastructure projects -- and sell them to investors to transfer risk from their balance sheets, freeing up funds for expansion...

ALNO Supplies Kitchens to Cube Building UAE

Cube Building Dubai - UAE

ALNO lands contract to supply The Cube in Dubai with high-quality kitchens...
Al-Bawaba - Amman,Jordan
The total value of the project is AED 800m (EUR 138m). The BMG Group is currently planning a series of new projects in the Middle East, which may also be ...

...The Cube is an architecturally innovative building that takes account of the latest developments in environmentally sound building techniques. It is being built the Dubai-based BMG Group in Dubai's Sports City...

...The total value of the project is AED 800m (EUR 138m). The BMG Group is currently planning a series of new projects in the Middle East...

Cayan Investment and Development Awards Silverene Tower to Arabtec

Cayan Investment & Development awards Dhs638m contract to Arabtec ...
AME Info (press release) - United Arab Emirates
... the contract to construct the prominent Silverene Towers, located in world's most exclusive waterfront development at the Dubai Marina. The Silverene Towers will be constructed over a two year period and will be one of the most prestigious residential developments of...

...The company's Chairman, Mr. Ahmed Alhatti, said: 'The Silverene Towers will be one of the highest quality buildings in the region...

...'Silverene Towers will add to Arabtec's diversified portfolio of projects around the region and confirms Arabtec's commitment to working on...

Arabtec Holding PJSC is building the world's tallest skyscraper Burj Dubai and a listed company in the Stock Exchange Market.

Cayan Investment & Development : Cayan projects covers residential properties and commercial projects across the Middle East including Dubai and The Kingdom of Saudi Arabia. The company is also involved in studying projects in other countries in the region.

Snow Skiing in the Desert. Eighth Wonder of the World - Abu Dhabi - UAE

Jabal Hafeet at Night Jebel Hafeet UAE Top View Jabel Hafeet

Jebel Hafeet at night, looking down and from Mercure Grand Jabel Hafeet

Engineers readying Jebel Hafeet for skiing
The National - Abu Dhabi,United Arab Emirates
ABU DHABI // A team of 114 German engineers have been laying the groundwork for a 2.6km indoor ski slope at Jebel Hafeet, the most well known of Abu Dhabi's mountains...

...The ski slope and much of the rest of the development will derive a portion of its power from solar panels...

...The development needs to be finished within five years so it is ready to host the International Ski Federation championship...

...The next year will see Tamouh focusing on its major projects on Reem Island and exploring the possibility of international expansions, in addition to...

...Tamouh's first project scheduled for completion, by next year, will be Marina Square....

Wikipedia Jebel Hafeet