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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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Monday, October 20, 2008

Tabreed Bahrain Signs New District Cooling Plant

Zawya - United Arad Emirates
Tabreed Bahrain, the world's leader in district cooling technology, announced today the signing of agreements with SNC Lavalin Gulf Contractor International
SNC-Lavalin Group  one of the world's largest engineering firms, to construct a District Cooling Plant at Bahrain Financial Harbour (BFH),
and Sumitomo Corporation (in collaboration with Japan AE Power Systems Corporation), one of the Japan's largest technology firms, to supply BFH with 2 new 66kV City Substations. As part of its growth strategy, Tabreed is planning to increase its capital to finance its rapid expansion in the Kingdom. ... 

Borouge To Build Logistics Hub In Guangzhou, China

Zawya - United Arab Emirates
Borouge, a leading provider of innovative, value creating plastics solutions, has today signed a service contract with Enpro Supply Chain Management Limited to build the Borouge Guangzhou Logistics Hub in the Nansha area of Guangzhou, China. ...

AECOM Technology Corporation Signed Contract with Abu Dhabi's Tourism Development & Investment Company

AECOM Announces Contract with Abu Dhabi Tourism Development & Investment Company (TDIC) with Net Value Expected to Exceed $210 Million Through 2013
MarketWatch - USA
AECOM Technology Corporation a leading provider of professional technical and management support services for government and commercial clients around the world, today announced that it has signed a contract to provide development management services to Abu Dhabi's Tourism Development & Investment Company (TDIC) for the Saadiyat Island Cultural District and other projects in the United Arab Emirates (UAE). ...

JAFZA to Release a Master Plan at Orangeburg County Development Summit

Jafza to unveil master plan at Nov. summit
The Times and Democrat - Orangeburg, SC, USA
The Orangeburg County Development Commission and Orangeburg County Council have scheduled an economic development summit for Nov. 12. ...Jafza, a subsidiary of Dubai World, will highlight the event with the scheduled release of its much-anticipated master plan. ...

Real Estate Project Worth AED 4bn at Dubai Lagoon Announced

Final schedule of Dh4bn worth Dubai Lagoon real estate project announced
Gowealthy.com - Dubai,United Arab Emirates
Dubai-based real estate developer, Schon Properties, announced final and comprehensive schedule pertaining to the Dh4 billion Dubai Lagoon project. ...

Nakheel Awards Project to Al-Shafar General Contracting

ASGC wins Dhs1.1bn contract for Jumeirah Heights project
AME Info (press release) - United Arab Emirates
Al Shafar General Contracting (ASGC) has won a prestigious contract worth Dhs1.1bn from Nakheel, to construct a mixed residential development in Jumeirah heights ...