Nakheel Launches $1.2 bln Loan

Dubai developer Nakheel launches $1.2 bln loan

DUBAI, Sept 4 (Reuters) - Government-owned Nakheel Properties, developer of Dubai's palm-shaped islands, said on Thursday it was launching a 4.4 billion dirham ($1.2 billion) syndicated loan. ...Nakheel's CEO Chris O'Donnell told Reuters on Wednesday that the developer will decide on a public listing in the next 12 months as it expands rapidly in the Gulf and abroad. ...

Hanjin Heavy Industries Wins a $330 Million Order from UAE

S. Korean firms wins $330m order from UAE
Reuters. Seoul

South Korea's Hanjin Heavy Industries has won a $330m order to build two VLCCs (very large crude carriers) for Emarat Maritime LLC in the UAE. The company said the ships were expected to be delivered from June 2011 ...

Ras Al-Khaimah Hospitals: Three Big Hospital Projects In RAK

Dh700m for Three Big Hospitals in RAK by 2010
Khaleej Times - Dubai, United Arab Emirates
RAS AL KHAIMAH - The Ministry of Health in collaboration with the Ministry of Public Works would build three big hospitals in Ras Khaimah by 2010 at a cost of Dh700 million. ...

Among the three hospitals, Shaikh Khalifa Hospital would cost about Dh350 million. It would be completed in 2010. Another is a specialty hospital in Nakheel area that would cost up to Dh250 million and the last would be a 60-bed Abdullah Rashid Omran hospital in Humraniya area and is estimated to cost Dh100 million. ...

Biggest listed Companies in the World

The World's Biggest Companies
Forbes

The Forbes global 2000 are public companies with the top composite scores based on their rankings for sales, profits, assets and market value. The U.S. still dominates this list of global giants, but with 61 fewer entries than last year and 153 fewer than in 2004, as many U.S. companies failed to keep pace with global competitors. In contrast, China, India and Brazil are rapidly adding companies to the list. India, for example, has 48 companies this year vs. 27 in 2004.

 

See The full list of World's Biggest Companies 

Abu Dhabi's Investments in Media and Culture

Abu Dhabi Starts $1 Billion `Imagenation' Film Unit (Update3)
Bloomberg - USA
Abu Dhabi, after investing billions of dollars of oil wealth in Citigroup Inc. and Ferrari SpA, now plans to spend $1 billion over five years to finance Hollywood and international films. ...Abu Dhabi's investments in media and culture are helping it to diversify away from oil and gas. The sheikhdom, one of seven that make up the United Arab Emirates, is spending $40 billion to develop Yas Island, which will host the world's first Ferrari theme park, and a cultural district on Saadiyat Island that will include the Louvre Abu Dhabi and a new Guggenheim Museum, designed by Frank Gehry. ...

 

Real Estate Exhibitors and Speakers at Cityscape USA Grows

Cityscape USA Announces Growing List of Top Tier Real Estate Exhibitors and Speakers
MarketWatch - USA
... Cityscape USA is pleased to announce a growing roster of influential speakers and exhibitors for its premiere real estate event in the United States. New exhibitors include Toll Brothers, USA, NCC Urban, India, Aldar Properties, UAE, Ho Chi Minh City, Vietnam and the Panamanian Ministry of Economics and Finance, Panama. ... Cityscape USA has attracted support from major industry firms including investment sponsor, Dubai-based Nakheel; platinum sponsor, US-based CityCenter; as well as silver sponsors US-based ING Real Estate, Savannah, and Capri Capital Partners.

For more Info visit the web site of Cityscape USA

IPO: Nakheel Properties

Dubai's Nakheel mulls IPO in 12 months
guardian.co.uk - UK
DUBAI, Sept 3 (Reuters) - Government-owned Nakheel Properties, developer of Dubai's palm-shaped islands, will decide on a public listing in the next 12 months as it expands rapidly in the Gulf and abroad, its chief executive said. ... Nakheel if listed could become one of the biggest companies in the Gulf, comparable to listed rival Emaar, which has a market capitalisation of around $15 billion. ...

Al Habtoor Leighton Group Wins Tameer Towers

Al Habtoor Leighton Wins $572 Million Abu Dubai Tower Project
Bloomberg.com Mon, 01 Sep 2008
Sept. 2 (Bloomberg) -- Al Habtoor Leighton Group , the Dubai- based contractor that's building the Paris Sorbonne University campus in Abu Dhabi, won a 2.1 billion dirham ($572 million) construction project in the city. ...Work on the development, which has a total cost of 6.4 billion dirhams, will start next month and be completed by December 2011 ...