The Grand Fort Hotel Breaks Ground

Nakheel and Bharat Hotels break ground on The Grand Fort Hotel
Zawya (press release) - United Arab Emirates
Nakheel, Dubai's master developer, has today broken ground on its first joint-venture project with Bharat Hotels Limited Group. The five-star development, The Grand Fort Dubai, at Al Furjan, will be owned by Cavern Hotel and Resorts, the newly formed joint-venture company. The hotel will be architecturally inspired by the royal palaces and forts from the beautiful region of Rajasthan in India. ...

First Dubai Real Estate Development Awards Phase 2 of Morina Residence Project

First Dubai commences second phase of Morina Residence at Shams Abu Dhabi
ArabianBusiness.com (press release) - Dubai, Umm al Qaiwain, United Arab Emirates
Real estate development company, First Dubai Real Estate Development, a subsidiary of Al Mazaya Holding, has awarded the contract for the second construction phase of the Morina Residence project, located near Shams Abu Dhabi on Al Reem Island, to Q Construction following an extremely competitive bid among several top contractors.

New Carrefour Hypermarket Plan at Arena Mall in Dubai Sports City

Carrefour plans new hypermarket at Arena Mall in Dubai Sports City
GulfNews - Dubai, United Arab Emirates
Carrefour, the world's second largest retailer, has announced it will develop a 136,000 square foot hypermarket in Dubai Sports City to support its growth strategy in the Middle East.

A critical element supporting Carrefour's decision was research which showed that Dubai Sports City was located at the centre of a significant retail catchment area, including the project's 70,000 residents and a projected 1.2 million people who will live within a 20-minute drive from Arena Mall.

Ramee Group of Hotels & Resorts to Enter 5 Star Hotel Category

Ramee to Enter 5 Star Hotel Category ; Plans Dh5b Projects
Khaleej Times - Dubai, United Arab Emirates
Ramee Group of Hotels & Resorts has announced an ambitious plan to enter 5 Star hotel category and real estate developments with an estimated outlay of AED 5 Billion across Middle East and India.

Emaar, The Economic City Showcase within Bay La Sun Village

Emaar, The Economic City to showcase latest developments within Bay La Sun Village at second EXCS Luxury Auto Event
Zawya (press release) - United Arab Emirates
Jeddah, Saudi Arabia - Emaar, The Economic City, the Tadawul-listed company developing King Abdullah Economic City (KAEC), will showcase the varied lifestyle aspects of Bay La Sun Village at the second EXCS Luxury Auto Event, to commence in Jeddah on Monday, October 27, 2008, at Hilton Hotel.

Held under the patronage of HRH Prince Khaled Alfaisal, Governor of Makkah Province, the exhibition will continue for three days, in which Emaar.E.C will be a strategic partner. ...

Amana Won Prestigious Contract to Build Dubai Bank's Branch in Jumeirah

Amana undertakes AED28 million contract for Dubai Bank building
Arabianbusiness.com - Dubai, United Arab Emirates
Amana Contracting and Steel Buildings, the regional leader in the design, construction and commissioning of commercial and industrial buildings in the Middle East, has won a prestigious contract to build Dubai Bank's branch in Jumeirah.

When Is the Right Time to Buy Property in Dubai & Abu Dhabi?

Property prices start falling in Dubai and Abu Dhabi
Property Wire - St. Albans, England, UK
Property sales in Dubai and Abu Dhabi have stalled and resale prices have dropped for the first time due to the global financial crisis, according to real estate professionals.

Off-plan sales have been the hardest hit as speculators struggle to meet instalment plans due to difficulties finding finance....

Dubai's Permanent Real Estate Exhibition Centre

Permanent real estate exhibition centre to be established in Dubai
Middle East Events (press release) - Dubai, United Arab Emirates

24 GROUP, one of the leading outdoor media specialists and exhibition stand builders, is establishing a permanent exhibition center where real estate players in the UAE and the Middle East can showcase their projects all year-round. The first permanent property and mortgage exhibition in the UAE is dubbed the Property Outlet and will be located at the shopping mall of Crowne Plaza Towers, in the heart of Dubai City's business district.

Azizi Investments Introduces Two New Residential Offers

Azizi Investments building its family with new Feirouz launches at Al Furjan
ArabianBusiness.com (press release) - Dubai, Umm al Qaiwain, United Arab Emirates
Azizi Investments, one of the Gulf's fastest growing real estate developers, has completed the 2nd phase of its property launches at Al Furjan with the introduction of two new residential offers that complete its Feirouz collection. ...

Power Generation & Water Middle East Ehibition Open

The region's leading showcase of Power Generation and Water Solutions.

Dates: 26 – 28 October 2008
Times: 11.00am - 7.00pm daily
Venue: Abu Dhabi National Exhibition Centre
Location: Halls 2 and 3

Visitors are invited to register free of charge onsite at the exhibition.

Power Generation & Water Middle East features companies offering products and services including:

POWER GENERATION

Adaptors, Ammeters, Batteries, Busbar Systems, Cables, Capacitors, Circuit Breakers, Connectors, Distribution Equipment, Earthing Equipment, Enclosures, Fuses - Fusegear - Fuse Switches, Generators, Insulation, Junction Boxes, Nuclear Power Generation & Equipment, Switchgear & Control Gear, Transformers, UPS & Invertors, Wiring

WATER

Chemicals, Compressors, Desalination Systems & Equipment, Dewatering Equipment, Distribution Equipment, Flowmeters, Irrigation Systems, Membranes, Pipes & Pipeline Fittings, Pumps, Reverse Osmosis (RO) Plants, Water Filtration & Purification Equipment, Water & Waste Water Treatment Systems, Water Heaters, Water Metres

In the News: Power Generation & Water

Over US$9.5 billion earmarked for water and electricity projects in Abu Dhabi
Zawya - United Arab Emirates
With traditional markets firmly in the grip of the current global economic recession, the major players in the power and water sectors are seeking new opportunities, and emerging markets do not come any bigger than Abu Dhabi, with cumulative investments over the next 5 years expected to exceed US$271billion.

Huge potential for desalination plants
Gulf News - United Arab Emirates
The size of waste water treatment and desalination projects under construction in the Middle East is currently around $100 billion (Dh367 billion) and the market is slated to get even bigger with time with expanding economies and population growth, senior industry executives told Gulf News on the sidelines of the Power Generation and Water Middle East exhibition and conference here on Sunday.