UAE Power Plant Bid - Enec

UAE invites bids for nuclear power plan -magazine
Reuters - USA
DUBAI, Aug 16 (Reuters) - Emirates Nuclear Energy Corp (Enec) has invited global firms to bid for a contract to manage the Gulf oil producer's nuclear power programme,... Enec would except bids for a nuclear power project from global firms until Sept. 7 and is likely to award the contract by the end of the year... The UAE needs 22,000 megawatts of additional electricity capacity over the next seven years to meet demand ...

Dubai's Railway Construction Begins Next Year

Luas chief to design hi-tech Dubai railway
Irish Independent - Dublin,Ireland
By Paul Melia AN IRISHMAN is to spearhead the development of Dubai's new light-rail system which will run along the coastline of the Middle Eastern state and serve the iconic Palm Jumeirah complex. ...Construction work on the Dubai system will begin next year and it is expected to be completed in 2011. ...

Ajman's Real Estate Projects Pre-Launch

Pre-launch ceremony of LC Tower held
The News - International - Pakistan
The project is a 100 per cent free hold property with UAE residence visa being offered to its investors. Representative of Cornica Universal Real Estate ...

 

Investors from Pakistan flock to Ajman
GulfNews - Dubai,United Arab Emirates

Dubai:  While the Gulf region is riding the swelling wave of real estate as the rest of the globe crashes under the credit crunch, in the relatively lesser known emirate of Ajman business is booming. ...Pakistan's popularity for real estate development can be clearly seen with the number of UAE developers looking across the water to Pakistan for lucrative... These projects include Emirates City, Humaid City, Ajman Uptown, Awali City and Al Zorah.... UAE developer Limitless was recently in talks with the Pakistan government to develop the multi-billion Karachi Waterfront. ...

 

Trump Real Estate to Launch $1 Billion Indian Fund

Trump launches $1b Indian hedge fund
IndUS Business Journal - Waltham,MA,USA
... Trump, the executive vice president of development and acquisitions at New York-based Trump Organization USA LLC, said India's red-hot economy has fueled demand for more residential development, particularly luxury housing, ...The younger Trump's plans to launch the $1 billion Indian real estate fund reflects Trump Organization's push to expand globally... plans to develop a pair of mixed-use projects in Istanbul, Turkey, and Dubai. The Istanbul project, which Trump Organization announced in April,... the company has partnered with local developer Al Nakheel Properties to build the $600 million, 62-story Palm Trump International Hotel & Tower on the ...

Leighton, Middle East Biggest Contractor

KGB INTERROGATION: Wal King
Business Spectator - Melbourne,Victoria,Australia
...Then when you move to the Middle East, Al Habtoor Leighton are the biggest contractor ... But in our engineering business, our building business, we've taken that off to the Middle East. ...The Middle East people are wanting to invest money around the world in places like Morocco. ...Well it's a big operation now. We employ like 40,000 people. The scale of what's on in the Middle East [is big] and if... On Saadiyat Island in Abu Dhabi there where we're sort of the prime contractor we're currently building [is], would you believe, a construction camp for 40,000 people and it's just of mind bending proportions. ...We just the other day had an invitation to be involved with a construction of a road from Abu Dhabi to the Saudi border. ... The numbers that we're employing in the Middle East are expected to go on up to 60,000 people.

Leighton shows it still has a solid foundation
The Australian, Australia
So shareholders should be confident that the Australian company's 1-for-14 share offer, at a 15 per cent discount to its current share price is worth taking ... Elsewhere, Leighton made a sensible move into the Middle East through its Al Habtoor joint venture, at a time when the construction boom there still shows few signs of abating.

Leighton profit up 35% to $608m, work in hand currently at $34.5bn. Leighton is Australia's largest project development and contracting group.