Real Estate Joint Venture Between Aldar & Cebarco Bahrain

ALDAR teams up with Bahraini real estate firm to build properties ...
Gowealthy.com - Dubai,United Arab Emirates
ALDAR Properties PJSC, a leading real estate firm in the UAE, has signed a Memorandum of Understanding (MoU) with Cebarco Bahrain SPC, a leading property ...

Aldar signs Cebarco MoU
AME Info - United Arab Emirates
Abu Dhabi-based Aldar Properties has signed a Memorandum of Understanding with Cebarco Bahrain. The deal will pave the way for the formation of a joint ...

Aldar, Cebarco form construction joint venture
Trade Arabia - Manama,Bahrain
Abu Dhabi-based Aldar Properties, a leading integrated property development and investment company, and Cebarco Bahrain, a leading construction firm, ...

 

Balfour Beatty Plc High Profits

Balfour Net Rises 77% on U.S. Military, Dubai Orders
Bloomberg.com Wed, 13 Aug 2008 0:41 AM PDT
Aug. 13 (Bloomberg) -- Balfour Beatty Plc , Britain's biggest builder, said first-half profit rose 77 percent as a U.S. acquisition boosted military housing orders and it won civil engineering and maintenance contracts in Dubai. ...Balfour plans to tap rising demand for public infrastructure and maintenance work to offset a possible commercial construction slowdown in the U.S. and Europe... Balfour said today that its joint venture companies in Dubai were awarded civil engineering and building services contracts valued at 1.7 billion dirhams ($462.8 million). ...

 

Balfour Beatty 1H profits rise

LONDON (AP) - Balfour Beatty PLC, the London-based construction company with operations in Britain, the United States, the Middle East and Asia, said Wednesday that profits for the first half of the year rose 77 percent, on the back of booming international business. ...Balfour shares gained 2 percent to 419 pence (US$7.97) on the London Stock Exchange.

BK Gulf - Balfour Beatty Wins Big Deals in UAE

Balfour Beatty wins M&E contracts in UAE
H&V News - London,UK
by Ben Hall M&E services at two high profile hotels in the United Arab Emirates (UAE) will be delivered by BK Gulf, a specialist business jointly owned by Balfour Beatty and Dutco. ...The second contract unveiled today (Wednesday August 13) by BK Gulf is the Trump International Hotel and tower project in Dubai. ...

Dusit Launch at Dubai Marina

Dusit International launches first branded residence in Dubai Marina
AME Info (press release) - United Arab Emirates
Bangkok-based Thai hospitality chain Dusit International will soon unveil its first branded residence outside of Thailand, with the soft opening of Dusit Residence Dubai Marina. ...The 35-storey landmark tower will contain a total of 146 premier serviced residences, overlooking the lifestyle enclave of Dubai Marina. ...

 

 

Top Five: UAE Real Estate Market

Dubai residential sector to offer best returns this year

Residential units in Dubai will offer the most attractive returns in 2008, growing 37 per cent annually, which will be followed by commercial and retail space, according to a new study. ...According to the report, Dubai's real estate industry dynamics are firmly entrenched in Dubai Strategic Plan 2015, which strives to achieve a medium-long term objective of diversifying the economic base in key growth areas, ...The current boom in the residential real estate sector is fuelled primarily by demand-based drivers including, aggressive population growth, high...

 

UAE lands in world top five

The UAE has jumped 23 places to notch the fourth position among the most-active land markets worldwide in the first half of 2008, as global sales reached $64 billion (Dh235bn) during the period, new data revealed yesterday. ...Development site transactions in the UAE reached $3.7bn, claiming 5.8 per cent share of the global market, and increasing 1,348.6 per cent compared with the same period last year,... The total value of land transactions in Dubai has crossed Dh144.3bn in the first six months of the year compared with Dh175bn for all of 2007, Land Department figures revealed. ...

Burj Dubai Getting Taller

Rising in Dubai: Adrian Smith's vision of green: Tall and getting Taller
International Herald Tribune - France
By Fred A. Bernstein Just over a year ago the office, hotel and condo tower known as the Burj Dubai became the tallest building in the world. But when its developer, Emaar Properties, announced that the Burj had surpassed the 509-meter Taipei 101 Tower in Taiwan... When he led the team that created the Burj Dubai, he was part of the Chicago office of Skidmore, Owings & Merrill, the blue-chip firm behind many of the world's most famous skyscrapers...