Finmeccanica & Mubadala in Hi-Tech Partnership

Finmeccanica, Mubadala In Industrial Partnership

Zawya - United Arab Emirates
Finmeccanica, the Italian leading aerospace company, and Mubadala Development Company, an Abu Dhabi-based business development and investment company, today announced an agreement for a hi-tech industrial partnership.

The Italian company will partner with Mubadala to manufacture aerospace composite components for civil aircrafts at the recently announced Abu Dhabi-based composites plant. ...

Saudi Electricity Power to Reach $53.3 Billion by 2015

Saudi Power Sector Assets To Increase
Zawya - United Arab Emirates

Saudi Arabia's minister of electricity and water expected the investments in the Kingdom's electricity power sector to reach Dh195.5 billion ($53.3 billion) by 2015...

Tunisia's Gate Project Gets a Sales and Marketing Center

Sama Dubai opens marketing and sales centre for Mediterranean Gate project in Tunis
AME Info

Sama Dubai, the international real estate investment and development arm of Dubai Holding, today announced the opening of its Marketing and Sales centre for the $25bn Mediterranean Gate project, developed in partnership with the Tunisian government in the capital city of Tunis.

Ras Al-Khaimah Plans a $5 Billion Business Centre at Hyderabad

UAE's RAKIA plans $5 bln economic hub in India
Reuters India - Mumbai,India
The investment arm of the Gulf Arab emirate of Ras al-Khaimah plans a $5 billion business centre at Hyderabad in the south of India as it looks to expand its investments abroad. ...

Report on Global Real Estate Market Review and Trends

Research and Markets: International Real Estate Finance Review 2008/2009 Illustrates Trends in the Global Real Estate market
Trading Markets (press release) - Los Angeles,CA,USA
Research and Markets has announced the addition of the "International Real Estate Finance Review 2008/2009" report to their offering. The real estate investment market is increasingly global, with a growing number of real estate operating companies and Real Estate Investment Trusts (REITs) investing cross border. In addition, listed real estate investment managers are continuing to role out multi-region/global investment products. ...

Bukit Kiara Group JV Al Batha Group in Malaysia and Overseas.

Bukit Kiara in UAE JV It is injecting RM700mil of properties By Al Batha group
Malaysia Star - Malaysia
The Bukit Kiara group is injecting its properties, with a gross development value (GDV) of RM700mil, into a joint-venture (JV) company with United Arab Emirates' Al Batha group to focus on property developments in Malaysia and overseas. ...

Atlantis - Dubai's Ceremony

Amazing Atlantis sets the scene
AME Info (press release) - United Arab Emirates
The $1.5bn resort development of Atlantis, The Palm in Dubai, which opened at the end of September is the location of this year's World Travel Awards Middle East ceremony on 28th October. ...

World Tallest Book Inside Burj Dubai

Only in Dubai : The Burj Dubai Opus
Seattle Post Intelligencer - USA
When the Burj Dubai opens early next year it will be the world's tallest building. In the lobby will be a copy of what has to be the world's tallest book. The 'Burj Dubai Opus' stands 15 feet tall. ...

Constructing Factories at Dubai Industrial City

19 Companies Invest More Than AED 650 Million in Constructing Factories at Dubai Industrial City
By Market Digest
Dubai Industrial City, a member of Tatweer, today announced that 19 companies are currently investing more than AED 650 million in the construction of their manufacturing units within the industrial township in the base metal, mineral, transport, equipment and parts, as well as the food and beverage zones, marking total investment in the city in excess of AED 650 million. ...

"Wareed" Launched by Sheikh Mohammed at GITEX 2008

Sheikh Mohammed Bin Rashid Al Maktoum launches Wareed project at GITEX 2008
AME Info (press release) - United Arab Emirates
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, today launched the 'Wareed', healthcare data system at the project's stand during His tour of Gitex 2008 ...

Emaar Pakistan New Trendy Lifestyle

Luxury villas set a new trendy lifestyle
The News International - Karachi, Pakistan
Villa living is not merely about spatial dimensions. It also encompasses the essence of community spirit, where people live as one closely-knit neighbourhood where, yet, they are assured of privacy. Emaar Pakistan is celebrating this trend-setting choice of homes with Alma townhomes in Canyon Views, Islamabad. ...

Sheffield Real Estate Announces New Projects on Dubai Waterfront

Sheffield announces Dh3.5b projects on Dubai Waterfront
GulfNews - Dubai, United Arab Emirates
Sheffield Real Estate FZC, developers of the skyscraper Marina 101, said it will build three projects on the Dubai Waterfront at a cumulative investment value of Dh3.5 billion. ...

New Wave of Investments at Budva’s Riviera

Visit-Montenegro.com : Financial Gain Even Before the Foundation has been laid
Visit Montenegro - Podgorica, Montenegro
Builders of Hotels on the Coast Collect Revenues Before the Realization of Huge Investments Even Begins: new wave of investments, which has exploded at Budva's Riviera during the last couple of years, has promoted a new model of investment into hotel business. Unlike in earlier cases, when those who had bought hotels or land invested only to its' rebuilding, adaptations or building, it is no longer the case. It seems to be new rule that those who announce building of luxurious hotels, start with the building of villas and apartments for sale and, only then, consider doing hotel business. ...

Abu Dhabi Planning 32 Bridges

Abu Dhabi bridges gaps
The National - Abu Dhabi,United Arab Emirates
... While the average driver coming into Abu Dhabi is likely to cross the water in only two places – the Maqta and Mussafah bridges – the municipal authorities are planning another 32 bridges in a strategy to connect the main island with nearly 6,000 hectares of land on islands that will be home to racetracks, skyscrapers, malls and homes for hundreds of thousands of new residents. ...

Axiom Telecom New JV with Future Group

Future Group in JV with UAE-based Axiom for mobile retailing
Economic Times - Gurgaon, Haryana, India
Kishore Biyani promoted Future Group today said it has entered into a joint venture with UAE-based mobile retail company Axiom Telecom and plans to set up more than 1,500 outlets across India by 2009, entailing an investment of 40 million dollars.
The new JV, Future Axiom Telecom Ltd, would take charge of the 500 odd Mobile Bazaar and Mport stores in 58 cities operated by Future Group under the name of ConvergeM since the company ventured into mobile retailing in 2006, Future group said in a statement. ...