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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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Friday, August 1, 2008

"The Domain" By Dubai's Mada'in Properties

Mada'in unveils 'The Domain'
Saudi Gazette - Riyadh,Saudi Arabia
JEDDAH - The UAE's premier Shariah-compliant property developer, Mada'in Properties, has announced the launch of a unique commercial development - The Domain - at Dubai Silicon Oasis.

Announcing the launch of The Domain at a press conference on Wednesday in Dubai, Abdul Aziz Al- Awar, CEO of Mada'in Properties, said the project was the... The Domain is conveniently located in Dubai Silicon Oasis, offering easy access to Dubai International Airport, the city centre and Sheikh Zayed Road via the arterial Emirates Road and Al-Khail Road.

Emaar EC Signs MoU - KAEC Plastic Valley

Emaar EC signs MoU to develop Saudi's KAEC Plastics Valley
Trading Markets (press release) - Los Angeles,CA,USA
Emaar, the Economic City, has signed an agreement with StrateSphere Enterprises LLC (StrateSphere) in collaboration with PolymerOhio, Inc and the Saudi Arabian General Investment Authority (SAGIA) to develop KAEC Plastics Valley. According to a Press statement, Emaar EC, the Tadawul-listed company developing King Abdullah Economic City (KAEC), signed an Memorandum of Understanding ...Al Rasheed said: "The twinning memorandum of understanding will ensure that the knowledge base of Ohio's plastic manufacturers is seamlessly transferred to KAEC plastics industries thus creating a parallel hub for the industry

New Projects and Property Contracts

Staging Connections wins venue services contract at new US$1.5b ...
Forimmediaterelease.net (Press Release) - Haleiwa,HI,USA
Gearhouse Staging Connections, the Dubai based business partnership between the Staging Connections Group Limited and locally based shareholders, has been successful in acquiring the Venue Event Services Partnership contract for the prestigious US$1.5 billion Atlantis, Palm Jumeirah, located at the pinnacle of The Palm Jumeirah development in the United Arab Emirates. ...This US$1.5 billion joint ventur project was developed with Dubai Government owned, Istithmar. It is the vision and support of His Highness Sheikh Mohammeed ...
 
A bank grounded in land and property
Financial Times - London,England,UK
By Robin Wigglesworth -
The success of Dubai's various free zones has not passed unnoticed in the wider region - Tunisia is the latest country to decide to create an offshore financial centre, the $3bn Tunis Financial Harbour. ...having developed the $1.3bn Bahrain Financial Harbour and $1.6bn Energy City Qatar, among others. ...In addition to the Tunisian centre, it is developing the $10bn GFH Mumbai Economic Development Zone in India, and large residential and commercial projects in Bahrain, Dubai, Jordan and Morocco.

Nakheel Approved D51 Island Design of dxb-lab Architecture

Bahrain- VCB awards contract to dxb-lab Architecture
Middle East North Africa Financial Network - Amman,Jordan
Venture Capital Bank (VCB) yesterday announced that it awarded the architecture and development of D51 Island in Dubai-based developers, Nakheel's 'The World' project, the first man-made archipelago of 250 islands, to dxb-lab Architecture. ...Nakheel has approved the preliminary designs. The World project will consist of 250 islands strategically positioned to form the shape of the world map. ...

Bridge for Nakheel's Palm Jebel Ali

Royal Haskoning to bridge Dubai's Palm Islands - PHOTO
Contract Journal - UK
Royal Haskoning will provide the engineering know-how to build a 450m long bridge that will link Palm Jebel Ali – the largest Palm Island built to date – with the waterfront. ...The firm won the job through a global design competition organised by local developer Nakheel. The Palm Islands are artificial islands constructed in the ...