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Real Estate News Alert.

Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Saturday, October 18, 2008

Dubai Internet City Venture Capital at Gitex Technology 2008

Dubai Internet City (DIC), one of the world's largest managed ICT clusters and a member of TECOM Investments, today announced its schedule of discussion panels on the role of venture capital (VC) in the ICT sector at the Gitex Technology Week 2008.

Jumeirah Group Expansion Plans: 60 Hotels by 2012

Jumeirah to roll out 60 hotels by 2012
GulfNews - Dubai, United Arab Emirates
Jumeirah Group, the Dubai-based luxury hotel company that manages the Burj Al Arab, will go ahead with its global expansion plan, which will see the rollout of 60 hotels by 2012, despite the global financial crisis, a top official said.
The Dubai Government-owned hotel operator on Friday said it has signed five new hotels in the past two weeks, bringing the total number of new properties under development to 19. Jumeirah currently manages 11 hotels and resorts. ...

Projects Totalling Dh5 Billion by Ramee Group Hotels & Resorts

Zawya  Ubtied Arab Emirates
The Ramee Group of Hotels & Resorts has selected Business Bay, Downtown Jebel Ali, Dubai Waterfront and Dubai World Central as destinations for upcoming projects.
Ramee Group of Hotels & Resorts currently operates 31 hotels and hotel apartments in UAE, Bahrain, Oman and Indian sub-continent. Ramee is one of the fastest growing chain of hotels in the Middle East in 3 and 4 star category. The group has ambitious plans to enter 5 Star hotel category and real estate developments with an estimated outlay of Dh5 billion across Middle East and India ...

Taameer: Jordan's Property Market Offers Safe Investment

Taameer sees opportunities in Middle East real estate slowdown
AME Info - United Arab Emirates
Taameer Jordan Holdings, which recently showcased its latest real estate offerings at Cityscape Dubai, believes that the kingdom's property market offers
good value and is a relatively safe investment compared to other markets in the Middle East, which have witnessed widespread speculative buying. ...

Murray & Roberts Expects Government to Keep Spending on Infrastructure

Murray & Roberts Says South Africa to Keep Spending (Update1)
Bloomberg - USA
Murray & Roberts Holdings Ltd., South Africa's largest construction and engineering company, expects the government to keep up the pace of infrastructure spending even as credit markets fail, Chief Executive Officer Brian Bruce said. ...