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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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Friday, October 31, 2008

Danube Building Materials (DBM) to Invest BD 4 Million in U.K. Steel Market

Dubai firm to invest BD4m in Kingdom
Zawya - United Arab Emirates
Dubai-based construction major Danube Building Materials (DBM) yesterday said it plans to invest about BD 4 million in the Kingdom's steel market as part of its plans to tap its booming construction sector. ...

Qatar Real Estate Market Boom Requires 93,000 Residential Units by 2010

Qatar emerging as important player in Middle East real estate market
Economic Times - Gurgaon, Haryana, India
Qatar market is characterised by powerful economy, high domestic liquidity as well as per capita income. The country has a huge demand for properties. Experts estimate that demand is currently exceeding supply by a factor of four to one, driven both by buy-to-let growth and homebuyers. ...

Dubai not Running Out of Cash Dispite Global Financial Crisis

Dubai World chairman says group does not face funding crunch
GulfNews - Dubai, United Arab Emirates
... Dubai World on Thursday said it faced no resource-crunch in its expansion plans as its chairman discounted the likelihood of a huge impact of the global financial crisis on the Gulf region. ...

Anara Tower to Become Amazingly the Most Astonishing Tower

Anara Tower, arguably the most beautiful building in the world
DVICE - USA
The skyscraper the Anara Tower, scheduled to be built next year. The skyscraper will be about 500 feet shorter than the world's tallest building — the Burj Dubai located nearby and nearly complete — but it'll still be one of the most massive structures ever built. ...

TDIC Alliance Action Impact

TDIC and Action Impact in exclusive alliance accord
AME Info (press release) - United Arab Emirates
Tourism Development & Investment Company (TDIC) has signed an alliance agreement with Action Impact which will now be responsible for delivering a broad range of face-to-face communications for TDIC's live events and brand experiences over the next two years. ...

Abu Dhabi Conference 9-10 November 2008

The Abu Dhabi Conference 2008
ArabianBusiness.com - Dubai, Umm al Qaiwain, United Arab Emirates
This extraordinary conference will provide you with an excellent opportunity to discover first-hand what is happening in Abu Dhabi. Abu Dhabi's key decision makers, government officials and leading industry figures will gather at this two-day event to define the future landscape of the Emirate's economy. ...
 
Date: 9 - 10 November 2008
Venue: Emirates Palace Hotel
City: Abu Dhabi
Country: United Arab Emirates
Industry Sector: Government
 
Click here for more information about Abu Dhabi's Conference 9-10 November 2008
 

Gulftainer Launched its Third Party Logistics (3PL) Operations

Momentum Logistics To Inv AED1B Over Next 7 Yrs
Momentum Logistics, subsidiary of international port management company, Gulftainer, has officially launched its third party logistics (3PL) operations.
The company offers a complete suite of top-quality 3PL and supply chain management services, including freight forwarding, transportation, storage and container repair services to clients looking to outsource their logistics requirements. ...

Gulf Countries Need Over USD 120Bn for New Power Generation Projects

GCC To Spend $120B On Power Generation Projects
In order to cope up with the increasing demand for power, the Gulf countries will need to spend over USD 120bn in the next ten years to set up new power generation projects in the region, predicted the weekly report of the 'Crescent Petroleum' based in Sharjah …