Champions Tower IV in Dubai Sports City Unveiled by Memon Investments

Memon Investments unveils Dhs250m 'Champions Tower IV' in Dubai Sports City
AME Info
Memon Investments, a leading Dubai-based property developer and part of the international business conglomerate, the Memon Group of Companies, has announced the launch of the Dhs250m 'Champions Tower IV' in Dubai Sports City (DSC).
This is in line with the leading developer's recently announced plans to invest Dhs2.5bn in various property projects within the booming UAE market in the second half of 2008.

Al-Reem Island's Property Prices Doubled

Property prices on Reem more than double
Zawya - United Arab Emirates
Property prices on Reem Island, a residential, commercial and business project off the coast of Abu Dhabi, have more than doubled to almost Dh3,000 per square foot from Dh 850 to Dh950 over the last eight to nine months, a real estate expert has said. ...

Dubai Businessman Buying Real Estate in Kalamazoo

Dubai builder invests in Kalamazoo commercial real estate
MLive.com - MI,USA
KALAMAZOO, MI -- It may be hard to believe, but a Dubai businessman is buying real estate in downtown Kalamazoo. ...Sudhir Mahajan, an Indian national who has lived in Dubai for 31 years, made "seven-figure" purchases during the past month of the Kalamazoo Regional Chamber of Commerce's office and the Avenue West office building, said Dan Burkett, sales associate with Prudential CRES Callander Commercial in Portage. ...

PSL Limited to Supply Piling Pipes for Al Nakheel’s Palm Jebel-Ali Project

PSL announces stabilization of Sharjah
SteelGuru - Gurgaon, Haryana,India
PSL Limited during its Annual General Meeting held on September 4th 2008 made some significant announcements.

Mr Ashok Punj MD of PSL Ltd said that the company's pipe manufacturing facility located in the Hamriyah Free Trade Zone shall commence supply of coated structural piling pipes for Al Nakheel's Palm Jebel-Ali Project. The order from Hanwa Corporation is for approximately 60 kilometer of pipes valued at USD 45 million. ...

Mott MacDonald to Design Mixed-use Tower at Al-Seef District - Bahrain.

Mott MacDonald to design Bahrain Al Seef
ArabianBusiness.com - Dubai, Umm al Qaiwain, United Arab Emirates

Ithmaar Development Company has selected Mott MacDonald as the design engineer for a US $190 million (BD70 million) mixed-use tower in the Al-Seef district of Bahrain.

Business Bay Power Shortage

Power shortage starts to bite Business Bay
ArabianBusiness.com - Dubai, Umm al Qaiwain, United Arab Emirates
A top contractor has said Dubai's Business Bay development is facing crippling power shortages due to insufficient power plants. ...Master developer Dubai Properties plans around 300 towers for Business Bay. Only 15% are under construction, but already power shortages are biting. ...

Emaar Told Apex Court: Hyderabad a World-Class Business Destination

Apex court bats for SEZs, IT parks
Sify - Chennai,Tamil Nadu,India

In an unrelated case, the apex court has backed ongoing and proposed government projects to set up special economic zones (SEZs) or industrial and IT parks on land acquired from farmers if such projects bring in foreign exchange, generate employment opportunities, and "secure economic benefits to the State and the public at large". ...Emaar, being a party to the lawsuit, filed an affidavit supporting the Andhra Pradesh government. It said the state government wanted to turn Hyderabad into a world-class business destination and a leader in the knowledge sector. The project would be in the larger interest of public, Emaar told the apex court. The state government also pleaded that it had acquired the land for public purpose. ...