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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 31, 2008

Waste Water Plants Signed for Abu Dhabi & Al-Ain (Besix Group)

Besix to develop two waste water plants
Zawya Dubai - United Arab Emirates
Abu Dhabi - The Besix Group of Belgium has signed a joint venture agreement with ADWEA to build two waste water treatment plants in the emirate on build, own, operate, and transfer (BOOT) basis at a cost of Dh3 billion. ...The plants have a capacity of 300,000 cubic metres per day for Abu Dhabi and 130,000 cubic meters per day for Al Ain. ...Over forty years the Besix Group has built up an excellent reputation in the Gulf region. In the UAE, Besix has already done projects...

New Projects in Dubai and Abu Dhabi

Fairmont Hotels & Resorts announces new project in Abu Dhabi
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
Fairmont Hotels & Resorts announces a second project in the capital of the United Arab Emirates (UAE) on Abu Dhabi Creek. Positioned at the mainland gateway ...

Work Commences on $1.3B Universal Studios Project in Dubai
Commercial Property News - USA
Universal Studios will consist of five segments, two of which will center on renowned US destinations Hollywood and New York City. ...

GE Receives $500 Million Contract to Supply Power Equipment for ...
MarketWatch - USA
The company also has opened power plant offices in the region to oversee local projects. Emirates Aluminum is a joint venture between Dubai Aluminum Company ...

Dubai seeks expressions of interests for key role within new Health ...
Business Intelligence Middle East (press release) - United Arab Emirates
The new Dubai Health Authority (DHA) structure will ensure that health services are better positioned to meet the demand for better healthcare services in ...

Aldar Property Project Reports Sales Profits in Billions

UAE' Aldar Q2 profit soars on land, property sales
Reuters - USA
DUBAI (Reuters) - Abu Dhabi-based Aldar Properties ALDAR posted its second-biggest quarterly profit on the sale of land and property expects profit growth to be as much as 15 percent in 2008. ...

ALDAR Properties clocks a net profit of Dh2,602.7 in 2nd quarter ...
Gowealthy.com - Dubai,United Arab Emirates
ALDAR Properties, a leading real estate development firm in the UAE announced that the company has clocked a net profit of Dh 2602.7 in the second quarter ...

Aukett's shifts staff to focus on Middle East projects
Building Design - UK
The company's first major project in the region since the 1980s is a 600-bed hotel project for developer Aldar Properties on Abu Dhabi's 2500ha Formula One ...

UAE's Aldar H1 profits up 186%
Middle East North Africa Financial Network - Amman,Jordan
(MENAFN - Khaleej Times) The largest reality company by market value, Aldar Properties earned a net profit of Dh2.602 billion in the first half of 2008, ...