The latest images released by the Abu Dhabi Motorsport Management (ADMM) demonstrate the rapid progress being made in the construction of the Yas Marina Circuit which will host the 2009 Etihad Airways Abu Dhabi Grand Prix on November 15, 2009. ...
Friday, September 12, 2008
Power Plant & Aluminium Smelter to be Built in Kazakhstan
UAE: 2b Power Plant, Aluminium Smelter on Cards
Middle East North Africa Financial Network - Amman, Jordan
Power Plant
Kazakhstan and private investors from the UAE plan to build a $2 billion power plant in the Central Asian nation, after the government called for an increase in electricity production.
The construction of 2,000-megawatt plant in the Kushmurun coal basin may start next year...
Aluminium smelter
Mubadala has agreed to build a multi-billion dollar aluminium smelter complex in Kazakhstan, the Central Asian country's ambassador said on Thursday. ...
Middle East North Africa Financial Network - Amman, Jordan
Power Plant
Kazakhstan and private investors from the UAE plan to build a $2 billion power plant in the Central Asian nation, after the government called for an increase in electricity production.
The construction of 2,000-megawatt plant in the Kushmurun coal basin may start next year...
Aluminium smelter
Mubadala has agreed to build a multi-billion dollar aluminium smelter complex in Kazakhstan, the Central Asian country's ambassador said on Thursday. ...
UAE and Italian Investors will Set up Infrastructure and Industrial Projects in Tripura,
Tripura finds favour with investors from UAE, Italy
Economic Times - Gurgaon, Haryana, India
AGARTALA: Investors from the United Arab Emirates (UAE) and Italy will set up infrastructure and industrial projects in Tripura, officials said here on Friday.
Separate delegations from the UAE and Italy, currently on a visit to the northeastern state, have met the chief minister to finalise some proposed ventures. For instance, TechMate group of Ajman in the UAE is keen to invest in healthcaree and urban amenities, education and information technology sectors. ...
Economic Times - Gurgaon, Haryana, India
AGARTALA: Investors from the United Arab Emirates (UAE) and Italy will set up infrastructure and industrial projects in Tripura, officials said here on Friday.
Separate delegations from the UAE and Italy, currently on a visit to the northeastern state, have met the chief minister to finalise some proposed ventures. For instance, TechMate group of Ajman in the UAE is keen to invest in healthcaree and urban amenities, education and information technology sectors. ...
Le Stelle Launched by Al-Barakah Group at Majan-Mizin Dubailand
Al Barakah launches Dh4.5bn Le Stelle
Zawya - Dubai, United Arab Emirates
The EGSI Group, a member of UAE-based Al Barakah group of companies, a diversified real estate development group, yesterday launched a Dh4.5 billion ultra-luxury project Le Stelle in Majan-Mizin in Dubailand. ...
Al Barakah has a total project portfolio of more than Dh12 billion in the UAE. The developer has announced Let's Talk Real Estate, which will be handling the sales and marketing of the first two towers of the developer, the Sirio and Orione. ...
Zawya - Dubai, United Arab Emirates
The EGSI Group, a member of UAE-based Al Barakah group of companies, a diversified real estate development group, yesterday launched a Dh4.5 billion ultra-luxury project Le Stelle in Majan-Mizin in Dubailand. ...
Al Barakah has a total project portfolio of more than Dh12 billion in the UAE. The developer has announced Let's Talk Real Estate, which will be handling the sales and marketing of the first two towers of the developer, the Sirio and Orione. ...
Royal Bay VIP Waterfront Pre-launch at Dubai Burj Al-Arab 13-14 September 2008
VIP Waterfront chosen to unveil Royal Bay at Burj al Arab
AME Info (press release) - United Arab Emirates
In keeping with the theme of sophistication and elegance, VIP Waterfront has chosen to unveil Royal Bay at a unique and attention-grabbing, exclusive pre-launch event at the iconic Dubai hotel, Burj al Arab, on 13-14 September 2008. ...
AME Info (press release) - United Arab Emirates
In keeping with the theme of sophistication and elegance, VIP Waterfront has chosen to unveil Royal Bay at a unique and attention-grabbing, exclusive pre-launch event at the iconic Dubai hotel, Burj al Arab, on 13-14 September 2008. ...
DAMAC Sales and Purchase Agreement with UEM Land Berhad - Malaysia
DAMAC moves into South-East Asia
Homes Overseas - London,UK
Middle East property developer DAMAC has entered into a sales and purchase agreement worth in the region of £70m with UEM Land Berhad, the master developer of Nusajaya - the largest integrated urban development in South East Asia.
The development is situated within Puteri Harbour, an integrated waterfront and marina development based in Iskandar, Malaysia. The project will have a total mixed use development area of 8m sq ft and offers a panoramic view of the Straits of Johor ...
As per the agreement, DAMAC Properties will purchase three parcels of land totalling 43.6 acres that forms a part of Puteri Harbour. The development will consist of commercial and residential segments and a private marina with a projected gross development value (GDV) of £680m.
Homes Overseas - London,UK
Middle East property developer DAMAC has entered into a sales and purchase agreement worth in the region of £70m with UEM Land Berhad, the master developer of Nusajaya - the largest integrated urban development in South East Asia.
The development is situated within Puteri Harbour, an integrated waterfront and marina development based in Iskandar, Malaysia. The project will have a total mixed use development area of 8m sq ft and offers a panoramic view of the Straits of Johor ...
As per the agreement, DAMAC Properties will purchase three parcels of land totalling 43.6 acres that forms a part of Puteri Harbour. The development will consist of commercial and residential segments and a private marina with a projected gross development value (GDV) of £680m.
IFA-Hotels and Resorts to Invest in Health Oriented Resort in Loule
New investments for the Algarve
Euro Weekly News - Malaga, Spain
THE company, United Investments of Portugal, belonging to the Dubai-based consortium IFA-Hotels and Resorts, announced plans to make a significant investment in a new health-oriented resort in the Loule area. The resort, which will carry the Starwood brand, will include a boutique hotel, a spa and an 18-hole golf course designed by Gary Player. ...
About IFA:
IFA is a consortium of Kuwaiti Real Estate Company (KREC), International Finance Company (IFC) of Kuwait and United Investments Portugal (UIP). United Investments Portugal (UIP) is engaged in the creation of world class resorts and building on the success of United Investments Portugal Pine Cliffs Resort,
United Investments Portugal is the owning company of the Pine Cliffs Resort Algrave, Algarve, Portugal, which is managed by Starwood Hotels & Resorts Worldwide, Inc., one of the leading hotel and leisure companies in the world with more than 740 properties in more than 80 countries. Pine Cliffs Resort comprises 700,000 sq metres of cliff top land, overlooking a 2 kilometre beach and includes an Andalucian styled 215 room hotel-The Sheraton Algarve is one Starwood's Luxury Collection Hotels.
Pine Cliffs Resort includes a Pine Cliffs Vacation Club and a wide range of facilities for families, golf course, beach and the resort accommodations include Townhouses, Apartments and detached four bedroom villas. Pine Cliffs Vacation Club is affiliated to RCI (rci.com) for provision of exchange facilities to its members.
Euro Weekly News - Malaga, Spain
THE company, United Investments of Portugal, belonging to the Dubai-based consortium IFA-Hotels and Resorts, announced plans to make a significant investment in a new health-oriented resort in the Loule area. The resort, which will carry the Starwood brand, will include a boutique hotel, a spa and an 18-hole golf course designed by Gary Player. ...
About IFA:
IFA is a consortium of Kuwaiti Real Estate Company (KREC), International Finance Company (IFC) of Kuwait and United Investments Portugal (UIP). United Investments Portugal (UIP) is engaged in the creation of world class resorts and building on the success of United Investments Portugal Pine Cliffs Resort,
United Investments Portugal is the owning company of the Pine Cliffs Resort Algrave, Algarve, Portugal, which is managed by Starwood Hotels & Resorts Worldwide, Inc., one of the leading hotel and leisure companies in the world with more than 740 properties in more than 80 countries. Pine Cliffs Resort comprises 700,000 sq metres of cliff top land, overlooking a 2 kilometre beach and includes an Andalucian styled 215 room hotel-The Sheraton Algarve is one Starwood's Luxury Collection Hotels.
Pine Cliffs Resort includes a Pine Cliffs Vacation Club and a wide range of facilities for families, golf course, beach and the resort accommodations include Townhouses, Apartments and detached four bedroom villas. Pine Cliffs Vacation Club is affiliated to RCI (rci.com) for provision of exchange facilities to its members.
Abu Dhabi Investment Authority (Adia) expands into Australian Market - Dh816 Millions
Adia in Dh816m Australian property foray
The National - Abu Dhabi, United Arab Emirates
Abu Dhabi // Abu Dhabi Investment Authority (Adia), the world's largest sovereign wealth fund, is expanding its property portfolio in the Australian market. Its latest investment was a A$280 million (Dh819m) stake this week in a dual office tower project in Sydney, according to people familiar with the deal.
The A$560m project, called Darling Walk, is part of a string of investments and acquisitions in Australia by Adia in the past year. ...
The National - Abu Dhabi, United Arab Emirates
Abu Dhabi // Abu Dhabi Investment Authority (Adia), the world's largest sovereign wealth fund, is expanding its property portfolio in the Australian market. Its latest investment was a A$280 million (Dh819m) stake this week in a dual office tower project in Sydney, according to people familiar with the deal.
The A$560m project, called Darling Walk, is part of a string of investments and acquisitions in Australia by Adia in the past year. ...
Pristine Lombok Island Emaar's New Project In Indonisia
Indonesia's secret island retreat
South Asian Post, Canada - Richmond,British Columbia,Canada
For years it has lived in the shadow of its more famous neighbour Bali.
Now Indonesia's pristine Lombok Island is making a concerted effort to build itself up as the next Bali, while trying to maintain its natural charm.
Slower to catch the tourism train than its neighbour to the west, Lombok has been promoted as an "unspoiled Bali."
But a future $600 million development may see it emerge on par with Bali as a world-class tourism destination, according to the United Arab Emirates-based developer.
...Emaar says its project, set on the Kuta and Tanjung beaches, will be environmentally friendly, integrating natural elements into a residential, leisure and hospitality zone.
Unveiling the project in April last year, Emaar chairman Mohamed Ali Alabbar described Lombok as one of the most promising tourism destinations in Indonesia, adding it had the potential to be a magnet for world travellers.
South Asian Post, Canada - Richmond,British Columbia,Canada
For years it has lived in the shadow of its more famous neighbour Bali.
Now Indonesia's pristine Lombok Island is making a concerted effort to build itself up as the next Bali, while trying to maintain its natural charm.
Slower to catch the tourism train than its neighbour to the west, Lombok has been promoted as an "unspoiled Bali."
But a future $600 million development may see it emerge on par with Bali as a world-class tourism destination, according to the United Arab Emirates-based developer.
...Emaar says its project, set on the Kuta and Tanjung beaches, will be environmentally friendly, integrating natural elements into a residential, leisure and hospitality zone.
Unveiling the project in April last year, Emaar chairman Mohamed Ali Alabbar described Lombok as one of the most promising tourism destinations in Indonesia, adding it had the potential to be a magnet for world travellers.
Morocco's New Fairmont Hotels & Resorts - Fairmont Marrakech
Fairmont Hotels & Resorts Announces New Resort in Morocco
MarketWatch - USA
MarketWatch - USA
Fairmont Hotels & Resorts has announced a new property, Fairmont Marrakech, Morocco, slated to open in 2011. Building on its growing presence in Europe, Africa and the Middle East, the resort will join other hotels in the region including Fairmont Zanzibar, Tanzania; Fairmont Towers Heliopolis, Cairo; Fairmont Mara Safari Club, Kenya and London's Savoy, reopening in 2009 following an extensive restoration. ...
Dubai Airport Free Zone a Base for Luxury Automobile
Seven luxury automobile majors set up base in Dubai Airport Free Zone
AME Info
Driven by strong growth projections in the global automotive industry that is set to exceed 23.2 million units in commercial vehicle sales by 2010 and a buoyant regional automobile market, Dubai Airport Free Zone has attracted seven international automobile brands to set up shop in recent months. ...
Dubai Airport Free Zone is now the office location for prestigious brands such as Ferrari Middle East and Africa, Maserati Middle East, Porsche Middle East FZE, Spyker Automobielen, Audi Volkswagen Middle East FZE., Isuzu Motors Limited and MAN Middle East FZCO. ...
AME Info
Driven by strong growth projections in the global automotive industry that is set to exceed 23.2 million units in commercial vehicle sales by 2010 and a buoyant regional automobile market, Dubai Airport Free Zone has attracted seven international automobile brands to set up shop in recent months. ...
Dubai Airport Free Zone is now the office location for prestigious brands such as Ferrari Middle East and Africa, Maserati Middle East, Porsche Middle East FZE, Spyker Automobielen, Audi Volkswagen Middle East FZE., Isuzu Motors Limited and MAN Middle East FZCO. ...
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