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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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Sunday, November 9, 2008

Mohammed Alabbar: Dubai is Able to Honor its Dept Obligations

Bloomberg
Nov. 9 (Bloomberg) -- Dubai has the resources to service its debts for the next seven quarters, a member of the emirate's executive council said amid concerns about the emirate's ability to honor its obligations...

Bright Start Buys Stake in Dubai Contracting Company

AME Info
Bright Start, a prominent UAE holding company, announced today that it has purchased a stake in Dubai Contracting Company (DCC) from Amwal AlKhaleej, a leading regional private equity firm. Amwal Al Khaleej had purchased a 49% stake in DCC in November 2007...

Emar, The Economic City Awards SR167 Million Contract to Nesma Holding Co. Ltd

Emaar, The Economic City awards SR167 million contract to Nesma Holding Co. Ltd for infrastructure works within KAEC's Resort Cove
Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), has  signed a SR167 million agreement with Nesma Holding Ltd to develop the infrastructure at Zone B within the Resort Cove, one of the key components within the mega project.