GCC Funds $1.6 to $1.8 Trillion to be Parked in the West

GCC Assets In West Estimated At $1.8 trillion
Zawya

An astronomical $1.6 to $1.8trillion of GCC funds is estimated to be parked in the West in liquid assets and financial experts in the region are in no position to assess the impact of the financial turmoil on these assets. …

Coastal Energy: Coal Business Robust Despite Low Prices

C&O Dubai says coal business robust despite price fall
Reuters

LONDON, Nov 12 (Reuters) - Dubai-based traders Coastal Energy, a wholly-owned subsidiary of the C&O Group, said on Wednesday its coal trading business was robust despite the slide in coal prices due to strong demand from buyers. ...

United Arab Emirates Central Bank to Support UAE Real Estate Market

UPDATE 1-UAE c.bank considers support for real estate loans
Hemscott - London,UK
The United Arab Emirates central bank said it is looking at ways to support real estate lending in the Gulf Arab state, as banks exercise greater caution during the credit crisis. ...

Las Vegas Project taken by Dubai World and MGM Mirage

Dubai World and MGM mirage take on Las Vegas project
The National - Abu Dhabi, United Arab Emirates
Dubai World and MGM Mirage have agreed to provide US$1.6 billion (Dh5.8bn) to finish building a huge new leisure complex on the Las Vegas strip in case outside financing cannot be secured. ...

Hampstead & Mayfair Launches Hampstead Residences at Nakheel Master Planned Community

Hampstead and Mayfair launches Dhs125m Hampstead Residences project with an 8% guaranteed income for 5 years
AME Info (press release) - United Arab Emirates
Hampstead & Mayfair, a leading Dubai based property developer has announced the launch of Hampstead Residences it's Dhs125m project located in the Nakheel master planned community Jumeirah Village. ...

Target Engineering Construction Company WLL Awarded a QR40.2m Contract

Target Engineering Construction Company WLL awarded contracts totaling Dhs272m in Qatar and Abu Dhabi
AME Info (press release) - United Arab Emirates
Target Engineering Construction Company WLL has been awarded a QR40.2m contract by FISIA ITALIPIAMTI / QEWC for the electrical erection, instrumentation and control works at Qatar - Ras Abu Fontas Phase A1 Desalination Plant.

Sherwoods will Showcase Wide Range of Properties at Property Shopper Show in Dubai from November 13 to 15, 2008

Sherwoods to showcase Jumeirah Beach Residence and other premium properties at Property Shopper Show
AME Info (press release) - United Arab Emirates
Sherwoods Independent Property Consultants has announced that it will showcase a wide range of premium quality property choices during its participation at Property Shopper Show, which will be held at the Grand Hyatt Dubai from November 13 to 15, 2008. ...

Abu Dhabi Commitment to Building a World Leading Tourism Destination at World Travel Market 2008

The Spirit Of Abu Dhabi Captured At Wtm 2008
Zawya (press release) - United Arab Emirates
Abu Dhabi continued to demonstrate its commitment to building a world leading tourism destination at World Travel Market 2008 today, as its largest contingent of exhibitors to date showcased the Emirate's diverse tourism offering. ...

Abu Dhabi National Hotels (ADNH) Signed MoU with Yotel Investments FZE

ADNH, YIF to build 2 Yotels in Abu Dhabi
Middle East North Africa Financial Network - Amman, Jordan
Saif Mohammad Al Hajeri, Chairman of Abu Dhabi National Hotels (ADNH), said that his company has signed a Memorandum of Understanding (MoU) with Yotel Investments FZE (YIF), Gulf News reported.

The MoU, which was signed at the World Travel Market in London, conveys developing two Yotels in Abu Dhabi to suit the needs of those who are in transit at the Abu Dhabi International Airport or those on short business trips to Abu Dhabi. ...

"Plan to Own" and "Rent to Own" Emaar's Payment Solutions

Emaar launches new payment scheme
AME Info - United Arab Emirates
Emaar Properties has unveiled a new scheme aimed at making it easier for customers to purchase property in Dubai. The 'To Own' scheme consists of two programmes. ...

Research and Markets Report on Sovereign Wealth Funds Investment Strategies

Investment Strategies Examined for Sovereign Wealth Funds
MarketWatch - USA
Research and Markets has announced the addition of the "Sovereign Wealth Funds: Investment Strategies" report to their offering.

Previously ignored, or criticised for low corporate governance standards, or seen as a potential threat to national interests, sovereign wealth funds are now welcomed as sources of investment for struggling Western financial institutions. ...

Awali Real Estate Investments in Talks on Providing Funding for Investors

UAE developer and finance firm strike investment property loans deal
Off Plan Property Exchange - Derby,England,UK
A United Arab Emirates developer is on the verge of announcing a deal with a finance firm which could see cheap property investment loans provided to buyers interested in its projects.

Awali Real Estate Investments revealed it has been in talks with American Trust on providing funding for investors. ...

International Property Show Moscow 2008 Major Show

Major property investors and developers converge at 'International Property Show Moscow 2008'
AME Info - United Arab Emirates
Real estate investors and over 100 developers from around the world converged to attend the inaugural edition of International Property Show (IPS) Moscow 2008, the biggest international investment exhibition in Russia which opened yesterday (Monday, November 10, 2008).

Drop in Burj Dubai Tower Price by 50%

Burj Dubai tower sees 50% drop in property prices
AME Info - United Arab Emirates
Real estate prices in Downtown Burj Dubai, Emaar Properties' flagship development, have fallen at least 22%, while prices in the Burj Dubai tower itself ...

Rescue Plan for Dubai Real Estate Market

Dubai real estate prices may not come down
Zawya - United Arab Emirates

Dubai's real estate will not see a decline in prices from what they were prior to the global market meltdown, according to a new report.
"This is a great demonstration of how strong the real estate market in Dubai is," said Tariq Ramadan, Chairman of Tharaa Holding and author "Dubai Real Estate Market Report, The Rescue Plan, Q4 2008 - Interim Report".

Shams Abu Dhabi Prices Down to Dh2,100 from Dh2,500 per sq ft

Price fall in prestigious developments
The National - Abu Dhabi, United Arab Emirates
Residential prices for Emaar Properties's signature Downtown Burj Dubai development have fallen by at least 22 per cent, with reductions of up to 50 per cent within the Burj Dubai tower itself, according to property brokers. ...
"A floor of offices that was offered in Al Shams Abu Dhabi at Dh2,500 per sq ft three weeks ago is now being offered at Dh2,100," she said. ...

City Cool Awarded AED 491m Contract for Ajmakan Project in KSA

The Land awards City Cool with AED 491m contract to provide cooling for the Ajmakan project in KSA
Middle East North Africa Financial Network - Amman, Jordan
City Cool L.L.C, a leading UAE-based District Cooling Provider and a subsidiary of Al Rajhi Investment Group, announced today that it has signed an agreement with the leading property firm in the region, The Land to provide state-of-the-art District Cooling infrastructure for Ajmakan project, one of the largest and prestigious real estate developments in Riyadh, Saudi Arabia. ...

Thousands of Homes Ordered to be Built by his Highness Shaikh Khalifa Bin Zayed Al Nahyan

Thousand homes to be built for flood-hit in Yemen on UAE President's order
GulfNews - Dubai, United Arab Emirates
Abu Dhabi: UAE President His Highness Shaikh Khalifa Bin Zayed Al Nahyan has ordered the building of thousands of homes for those who lost them in the recent floods in Yemen.
The tropical storm and torrential rain, which hit largely the eastern province of Hadramaut in October, have caused extensive damage in the region. ...

UAE-Russia Investment Opportunities the Next Big Thing

UAE-Russia Investment Opportunities to Grow Khaleej Times - Dubai, United Arab Emirates DUBAI - Investment opportunities in Russia and the UAE are set to grow according to the organiser of the Russia Investment Roadshow taking place in Dubai. ...

UAE makes a big splash in Moscow GulfNews - Dubai, United Arab Emirates By Suzanne Fenton, Staff Reporter Moscow: The first International Property Show (IPS) of Moscow kicked off here on Sunday, with developers from the UAE ...

Mitsui Engineering & Ship-building Co to Construct UAE Photovoltaics (CPV) Power Plant

Cosmo Oil to Build CPV Power Plant in UAE
Tech-On English - Japan
Cosmo Oil Co Ltd and Masdar (Abu Dhabi Future Energy Company) commissioned Mitsui Engineering & Shipbuilding Co Ltd to construct a power plant for the verification of concentrating photovoltaics (CPV).

Masdar is an organization funded by the Abu Dhabi government of the United Arab Emirates (UAE).

"Dramatic Slowdown" in Dubai Rreal Estate Developments

Slowdown in Dubai real estate sector will be shortlived, experts say
GulfNews - Dubai,United Arab Emirates
The real estate industry in Dubai is currently at a standstill, as fewer people are buying new properties due to much speculation in the market and the liquidity squeeze that gripped the local banking sector recently, experts said on Tuesday. ...

Projects Worth Over US$750 Bn Under Way in Dubai

We have over Dh3bn worth of projects under way in Dubai
Zawya - United Arab Emirates
China State Construction International Holdings Limited is currently monitoring the market conditions in the region and will expand when it sees potential. And Fu He, Executive Director, China State Construction International Holdings Ltd and Chairman of CSHK Dubai Contracting, forecasts that the UAE market share of CSHK Dubai in 2010 will stand at a prudent three to five per cent. The current value of projects in hand stand in excess of Dh3 billion.

---------- Forwarded message ----------
From: Google Alerts <googlealerts-noreply@google.com>
Date: Wed, Nov 12, 2008 at 4:32 AM
Subject: Google Alert - "Dubai Marina"
To: neez1967@gmail.com

Google News Alert for: "Dubai Marina"

We have over Dh3bn worth of projects under way in Dubai Zawya - United Arab Emirates ... a luxury residential tower for Trident International Holdings at Dubai Marina, four residential towers at Sports City for various owners and two ... See all stories on this topic

Google Blogs Alert for: "Dubai Marina"

Villa in the Springs Dubai - for sale - best location - AED 5.450 ... By Rowena Located in the heart of Dubai next to Emirates Golf Course, Dubai Marina, Jumeirah Beach and Mall of the Emirates. Villa is next to a large supermarket and conveniently has access to a swimming pool and park wich is one hundred meter ... Buy Now: Dealbay.ae - http://www.dealbay.ae/

Stop saying accident! By Seabee(Seabee) So we have single lanes, cones and diversions everywhere, temporary roundabouts... the roads I was talking about are in Knowledge Village and on Al Sufouh Road into Dubai Marina. Here's what I'm talking about. I took this photograph in ... Life in Dubai - http://dubaithoughts.blogspot.com/

---

 This once a day Google Alert is brought to you by Google.

Remove this alert.
Create another alert.
Manage your alerts.

Omniyat Properties Rethinks Job Cuts

Omniyat cuts jobs amid slowdown
The National - Abu Dhabi, United Arab Emirates
Omniyat Properties is the latest Dubai developer to make staff redundancies as it rethinks the timing of new project launches, the company confirmed yesterday.
Alex Andarakis, the company's managing director of sales and marketing, said jobs would be lost as the firm assessed its resourcing needs in light of the global and regional slowdown in the property market.

Ajman Continues with Big Real Estate Projects

Ajman Marina prepares infrastructure for big projects with AED 3 Billion
Sahwa Net - sanaa, Yemen
Ajman continues to pave the way for big real estate projects to be developed in the emirate by continuing to execute various infrastructure projects, including road networks, and water and drainage systems. The current total cost for these infrastructure projects is AED 408 million, and it is expected to cost a further AED 4 billion in the future, according to an official from the Municipality planning department.

"Landmark Qatar" a Newly Established JV Company

Amlak Finance (Qatar) and Landmark Properties Sign MoU to Form a a New Entity in Qatar
Zawya (press release) - United Arab Emirates
Dubai, UAE - Amlak Finance (Qatar), a joint venture between Amlak Finance PJSC and BARWA Real Estate Company, and Landmark Properties, one of the Middle East's leading real estate firms, today signed a Memorandum of Understanding (MoU) to form 'Landmark Qatar', a newly established company which will offer brokerage, property consultancy, management and investment advisory services in the State of Qatar.

New Doha Port Project in Qatar ($149.3 Million Contract) to be Managed by AECOM Technology Corporation

AECOM wins $149-million port project in Doha, Qatar
MarketWatch - USA
AECOM Technology Corporation, a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that it has been awarded a six-year, $149.3 million contract to provide program management services to the New Doha Port project in Qatar. ...

Abu Dhabi Unity with Dubai's Government

Abu Dhabi Won't Let Dubai Default on Debt, Knox Says (Update1)
Bloomberg

Abu Dhabi won't allow Dubai's government-owned companies to default on debt payments because of the emirate's commitment to United Arab Emirates federation, Abu Dhabi Commercial Bank Chief Executive Officer Eirvin Knox said. ...

Dubai Real Estate Market Stories Defying Global Scenario of Global Financial Crisis

Who's buying Dubai's properties?
Kipp Report - Dubai, United Arab Emirates
Although real estate bosses insist that Dubai is unaffected by the financial crisis, we have to ask—who's buying the properties? Recent media reports have ...

Artparis Opens on 18th-21st November 2008 at Emirates Palace

artparis Abu Dhabi 08 centres attention of global artworld on on nation's capital
Zawya (press release) - United Arab Emirates
ABU DHABI, United Arab Emirates - The second annual edition of artparis Abu Dhabi, organised in partnership with Abu Dhabi Authority for Culture and Heritage (ADACH) Tourism Development and Investment Company TDIC and artparis, will open to the public on Tuesday 18th November at Emirates Palace and runs until Friday 21st November 2008.

Abu Dhabi National Hotels (ADNH) to Develop a Revolutionary New Hotel Concept in the UAE Capital

ADNH - YOTEL sign MOU to develop two new hotels in Abu Dhabi
Zawya (press release) - United Arab Emirates

Abu Dhabi National Hotels (ADNH), the leading UAE-based hospitality group with interests in hotels, tourism, transport and catering has signed a Memorandum of Understanding (MoU) with YOTEL Investments FZE (YIF), to develop this revolutionary new hotel concept in the UAE capital. ...

Damac Holding Cutting 200 Jobs as Global Credit Crisis Begins to Hit the Regional Real Estate Sector

Dubai's Damac axes 200 jobs as crunch hits property
Reuters - USA
Damac Holding, a Dubai-based private property developer, said on Tuesday it was cutting 200 jobs, or 2.5 percent of its workforce, as the global credit crisis begins to hit the regional real estate sector. ...

Cityscape Intelligence – Essential Real Estate Information

In this period of global crisis – access to timely, informed real estate intelligence is more important than ever before. How can Cityscape Intelligence help you? Cityscape Intelligence (CI) is the leading online information service for investors, developers and senior professionals focused on real estate within emerging markets. Cityscape Intelligence provides an unrivalled resource that offers essential up-to-the-minute information through an easily navigable medium, designed to bridge the information and transparency gap that exists in emerging markets. Cityscape Intelligence provides subscribers with the first-hand intelligence they need to help make informed strategic business decisions. By subscribing to Cityscape Intelligence you will have access to 'real time' information and research updated on an hourly basis, 365 days a year, covering an extensive range of topics, including: News Editorial features and analysis Project profiles Market data Projects and developers databases Research Country profiles Foreign direct investment Find a company Indices Legal data Events Trial CI for free! Discover the benefits of Cityscape Intelligence for yourself, with exclusive complimentary access for a limited period. For a 48-hour 'access all areas' trial, simply visit Cityscape intelligence and click on 'free trial'. Want to subscribe NOW? You can do this using the secure credit card payment gateway on CityscapeIntelligence. Just click on 'subscribe'. Alternatively, send an email to cityscape intelligence sales office or call +971 4407 2712, if you prefer us to invoice your company directly. An annual subscription to Cityscape Intelligence is currently available for just US$2,495 per license. Subscribe before January 1st 2009 to take advantage of the 2008 rates!

Worldwide Demand for the Green Building Business Case

Green Building Speaker Faces Worldwide Demand for the Green Building Business Case
PR Web (press release) - Ferndale, WA, USA
Yudelson Associates announced that its founder and lead green building consultant, Jerry Yudelson, keynoted five major conferences dealing with green buildings, green development and commercial real estate in worldwide locations, ranging from Maui and San Diego to Las Vegas, Munich and Dubai. ...