Cirque du Soleil Stratigic Partnership With Nakheel and Istithmar World

Dubai World Companies Acquire 20% of Cirque du Soleil (Update1)
Bloomberg - USA
6 (Bloomberg) -- Istithmar World and Nakheel PJSC, both units of government-owned Dubai World, said they acquired 20 percent of circus operator Cirque du ...

Istithmar World and Nakheel enter into strategic partnership with Cirque du Soleil.
Property Wire - St. Albans,England,UK
Istithmar World, the investment arm of Dubai World, and Nakheel, one of the world's largest and most innovative real estate developers, today announced that ...

Morgan Stanley Report on Abu Dhabi's Property Prices

Abu Dhabi property prices to increase 'until 2012'
AME Info - United Arab Emirates
A new report by Morgan Stanley has predicted that property prices in Abu Dhabi are set to continue rising until at least 2012, by which point supply is expected to catch up with demand. ...In terms of proprietary property prices the Morgan Stanley report has followed developments in the secondary markets of Al Reem Island, The Gate district ...

Dubai Marinetime City: Plot Bought for Dhs 402 Million

Second Mayadeen of Emirates Co buys plot in Dubai Maritime City
AME Info (press release) - United Arab Emirates
Second Mayadeen of Emirates Co WLL, subsidiary Company of National Ranges Company (Mayadeen), has bought a plot in Dubai Maritime city, valued at approximately Dhs402m. ...As for our project in Shams Abu Dhabi Mayadeen has recently appointed the contractors to start work on their Aurora and Dari projects in Al Reem Island and ...

Dubai Marinetime City: Plot Bought for Dhs 402 Million

Second Mayadeen of Emirates Co buys plot in Dubai Maritime City
AME Info (press release) - United Arab Emirates
Second Mayadeen of Emirates Co WLL, subsidiary Company of National Ranges Company (Mayadeen), has bought a plot in Dubai Maritime city, valued at approximately Dhs402m. ...As for our project in Shams Abu Dhabi Mayadeen has recently appointed the contractors to start work on their Aurora and Dari projects in Al Reem Island and ...

A Strong Performance for WS Atkins in the Middle East

Atkins confident of progress
The Press Association -
These include the design of the Tameer Tower, which at 600 metres will be the second tallest building in Dubai. Citigroup analyst Ed Steele said: "The vast ...

UK design firm lauds Middle East performance
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
During the first quarter of 2008, the company has won the contract to design Tameer Tower which, at more than 600m tall will become the second highest ...

 

Dubai Commercial Real Estate Development

Aber Group's investments in real estate touch AED 1.5 billion
Al-Bawaba - Amman,Jordan
Aber Group, the prime real estate developer in the UAE and Middle East today said that its current investments in the sector have touched AED 1.5 billion. ...The investment portfolio comprises free hold, villas, hotels, commercial tower, warehouses and various labor camps projects spread across Dubai and Abu ...

Dubai World Central Real Estate targets emerging markets
Gowealthy.com - Dubai,United Arab Emirates
The realty subsidiary of Dubai World Central (DWC), Dubai World Central Real Estate the 140-square kilometer development, will take its expertise of of developing massive properties to emerging markets. Khalid bin Harib, CEO, DWC Real Estate said: "Dubai World Central...

i-Rise commercial real estate development in TECOM Site C, Dubai
Gowealthy.com - Dubai,United Arab Emirates
Realty Capital Middle East FZ LLC is a strategic real estate partnership between Rasmala Investments, Dubai-based investment bank and Khayyat Investments, ...

UAE announces a distinguished participation in the Russian version of the international property show 2008
Al-Bawaba - Amman,Jordan
Strategic Marketing and Exhibitions, the organizer of the international property show in Dubai, and Trade Mate, the leading Public Relation and Media House in Moscow, are putting the final touches on the launch of the Russian version of International property show 2008. ...property Show which was one of the main drivers for the growth of the real estate market in Dubai by providing huge investment chances for participants. ...

 

JP Morgan to put over $1bn in Asian real estate market
Gowealthy.com - Dubai,United Arab Emirates
JP Morgan, globally renowned investment bank, considers putting in over $1 billion in Asian property sector over the next three years, as Indian and Chinese real estate developers. ...Infact, Colliers International recently reported that real estate prices in Dubai rocketed 42 per cent in the space of three months, between the last ...

Emaar Sales Event 8/8/08 Luxury Homes Within Downtown Burj Dubai, Dubai Marina and Arabian Ranches

Emaar to host special sales event on 08/08/08
Emaar Properties PJSC, Dubai - United Arab Emirates
Dubai, UAE; August 6, 2008: Emaar Properties is hosting an exclusive sale of eight prestigious projects from its diverse portfolio on 08/08/08 to build on the appeal of the once in a lifetime date. To be held on a first-come-first-serve basis, the sale will take place on August 8, from 8am to 12pm and 2pm to 6pm at the Royale Ballroom of The Palace, ...

Mr Saif Al Mansoori, Sales Director, Emaar Properties, said: "This sales campaign gives investors the opportunity to commemorate their purchase on a date that has special significance.

...While Emaar's residential projects are marked by modern finishes, luxury fittings and state-of-the-art telecom and Internet connectivity, ...

Emaar E.C. Hosted Leading Real Estate Developers.

King Abdullah Economic City hosts region's leading real estate developers.
Emaar Properties PJSC, Dubai, United Arab Emirates (Press Release)
Jeddah, Saudi Arabia; August 5, 2008: Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), recently, hosted a workshop for the region's leading real estate developers to highlight the development opportunities in the 168 million sq m mixed-use mega-project.

Mr Alsenan said: "KAEC offers a wealth of development opportunities from residential to commercial, retail and hospitality & leisure, and we highlighted these to the visiting team of real estate developers. ...

Construction of the first phase including the Industrial Zone, Sea Port, Resorts and Residential Communities is currently progressing according to plan. Emaar.E.C also launched the sale of residences and commercial space to overwhelming investor response.

BSEL Infrastructure Realty - 1.5 Billion Investment in UAE

Indian firm to invest Dh1.5bn in the UAE
Zawya - Dubai, United Arab Emirates
BSEL Infrastructure Realty FZE, the fully owned subsidiary of the India's BSEL Infrastructure Realty Limited, will invest Dh1.5 billion in the UAE property market by 2010. with plans to launch a mixed-use project on the Waterfront in the next three months, according to the company's chairman....BSEL has appointed JCA Real Estate, an associate company of Jitendra Group of Companies, as the sales and marketing agents for the project. ...Besides Emerald Tower, BSEL is developing six other towers in Emirates City. ...

Damac Properties Awards Dhs 10.72 Million Contract for Lincoln Park Project

Damac Properties awards Dhs10.72m contract to IFG for its Lincoln ...
AME Info (press release) - United Arab Emirates
Damac Properties, one of the largest private master developers and luxury lifestyle providers, has awarded an Dhs10.72m enabling works contract to International Foundation Group for its Lincoln Park project (plots 12, 16 and 25) at Arjan. ...'Lincoln Park is a mixed Chicago architecture style at Arjan, the master plan development by Mizin, within Dubailand. This white architecture with blue sky ...

 

Business Bay and New Projects in Dubai

Platinum Tower
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
Business Bay will be a new 'city' within the city of Dubai and will be created as a commercial and business cluster along a new extension of the famed Dubai Creek extending from Ras Al Khor to Sheikh Zayed Road. ...Business Bay is the cornerstone of the new economic push to extend the international role of the UAE. ...

 

Flowcrete Wins Pounds 8m Contract on Dubai Skyscraper
istockAnalyst.com - Salem,OR,USA
The firm has just opened a new office in Bucharest, Romania, to tap into an increasing number of construction projects. Bosses want to take advantage of ..."We're also looking to open offices in locations like Abu Dhabi, Qatar and Kuwait to try to expand throughout the rest of the region. ...

 

MoU Between Dubai World Security and Bluesail

Dubai World Security signs MoU with Bluesail
Business Intelligence Middle East (press release) - United Arab Emirates
Dubai World Security's maritime activities are currently focused on ensuring the safety and security of the Nakheel waterfront and island developments such ...Over the next year Dubai World Security and Bluesail will continue to work together on related maritime safety and security issues to ensure that a formidable force is in place monitoring and patrolling the Nakheel island developments in Dubai...

Reem Island Skygarden Tower Dhs 400 Million Awarded by Plus Properties

Plus Properties in $108mn Reem Island deal
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
by Amy Glass on Tuesday, 05 August 2008 ISLAND TOWER: Plus Properties and Taahud General Contracting are set to build a tower on Abu Dhabi's Reem Island. ...

 

Plus Properties signs Dh400m deal to construct Reem Island tower
GulfNews - Dubai,United Arab Emirates
The property will be nestled in a quiet and upscale marina neighborhood at the Reem Island, which is only about 20 minutes from the Abu Dhabi airport.

Tameer, Damac and UAE Investors In Amman Jordan

Traditional take on Amman's future
The National - Abu Dhabi,United Arab Emirates
Omar Maani, the mayor of Amman, has been dubbed 'the man with a plan' because of his blueprint for the redevelopment of Jordan's capital city ...Tameer is working on a Dh1.1bn residential project at the Abdali development. The project is part of the company's Dh2.9bn investment across Jordan, which includes the Dh1.8bn Al Majd housing estate in Zarqa, which is Jordan's second largest city.

Damac has also been drawn to the Abdali project, where it is developing the Dh440bn Business Heights, a 20-storey commercial tower. The actual construction, though,...

"There are a number of UAE investors that have been licensed and are looking at plots for development within the city," added Mr Maani.

...Samarah Dead Sea Resort is bringing in a new lifestyle choice to Jordan and has been carefully conceptualised to integrate itself as a socio-economic tool for the region's development  ...

Khalid Alnajjar Managing Director of dxb.lab

Creative zone
The National - Abu Dhabi,United Arab Emirates
Khalid Alnajjar is a UAE-based architect and the founder and managing director of dxb.lab, one of Dubai's leading architecture practices. ...He is currently working on the design for the second pavilion for Abu Dhabi's Saadiyat Island, but he also has a passion project a little closer to home ...

GECO Awarded Dhs100 Million Power Plant

SIC awards Dh100 million 33kV power plants contract to GECO
Khaleej Times - Dubai,United Arab Emirates
DUBAI — Sharjah Investment Center (SIC) has awarded a Dh100 million contract to GECO for the supply and installation of eight 33kV main power stations over a period of 14 months. to supply 11kV of power to all the project's plots.

Dr Omar Al Mashaabi, Development Manager of SIC, and Ali Rizvi, GECO's General Manager, signed the agreement.

Largest Seaport & Airport in the World

When the world's largest seaport meets the world's largest airport
Kipp Report - Dubai,United Arab Emirates
In a major restructuring undertaken recently at Dubai World Central (DWC), Dubai's most strategically important infrastructure development, Dubai Logistics City (DLC) and DWC Aviation City have been brought together within one free zone unit.  ...Dubai World Central is functionally the largest urban planning project in the UAE. It will become a key benchmark in the evolution of the emirate as a genuine city-within-a-city. ...The master plan comprises six interrelated developments or cities. These are Al Maktoum International Airport, Dubai Logistics City, DWC Aviation City, DWC Commercial City, DWC Residential City and DWC Golf City.   ...