UAE Ajman Real Estate Contract Award

Escape real estate development to open by 2010 end in Ajman
Gowealthy.com - Dubai,United Arab Emirates
Escape equestrian community site in Ajman, initiates earth moving work, marking the real estate development's official ground breaking. The contract was given to Kazarooni Contracting Company of Ajman and after the earthwork villa construction will start on the 8.2 square million feet area in the UAE emirate ...

Twenty Five Top New Hotels Planned in Bahrain.

Top hotels on way
Gulf Daily News - Manama,Bahrain
TWELVE top new hotels are already under construction in Bahrain, with 25 more in the pipeline, it was revealed yesterday...The 12 hotels under construction are: Five star - Bahrain Rotana Hotel, Manama; Zallaq Resort Company, Kempinski Hotel, Salam Resort Bahrain, Desert Rose Ramada, Juffair and Ritz-Carlton 2, Seef.

Four star - Ibis Accor Hotels, Seef; Park Plaza, Juffair; Park Plaza, Seef; Relais and Chateaux, International Islamic Hotel, Seef and Kempinski Hotel. ...An assessor committee with members from Tourism Affairs and the hotel sector will assess the classification of each hotel and apartment and advise them.

Damac Awards $218m Contract for Lakeside Project.

Damac awards $219m IMPZ contract
Trade Arabia - Manama,Bahrain
Luxury lifestyle provider Damac Properties has awarded a Dh805 million ($219 million) contract to Intermass Engineering and Contracting Company for its Lakeside project at International Media production Zone (IMPZ). ...The company's previous two projects - the Crescent and Lago Vista in IMPZ... Lakeside will have studio and one-bedroom apartments with state-of-the-art accessories...

Also Damac Properties currently has five projects under development in under development in Egypt
Damac Properties, the luxury lifestyle provider and Middle East's largest private sector master developer, announced that it currently has five projects... Progress on all projects is ongoing, and Damac has upgraded the Park Avenue project at the Cairo/Alex Desert Road with an extra cost of LE170m whilst retaining the original unit prices. ...Nine Damac offices have been opened in Marghani, New Cairo, Orouba, Maadi, Nile City, Cairo/Alex Desert Road, Heliopolis, Sharm El Sheikh and Hurghada with an additional four to come.