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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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Wednesday, November 19, 2008

Aldar to Build Signature Super Regional Mall at Yas Island.

Aldar To Showcase Yas Mall At MAPIC
Middle East Events (press release) - Dubai, United Arab Emirates
Dubai - Aldar Properties, Abu Dhabi's leading property development, investment and management company today unveiled plans to build a signature Super Regional Mall as part of Abu Dhabi's premier retail and leisure destination at Yas Island. ...

Kuwaiti Gulf Holding Company Launches Mega Project in Morocco

Mega real estate project launched
GulfNews - Dubai, United Arab Emirates
Tangiers: In the latest Gulf investment in the North African region, the foundation stone of a $1.3 billion (Dh4.77 billion) real estate project was laid in Tangiers, Morocco on Monday.
The mega project of the Kuwaiti Gulf Holding Company (GHC) is the fourth real estate project launched by a Gulf Company in Morocco in the past few years after Dubai's Emaar Properties, Sama Dubai and Qatar's Diyar. ...

Rotana Expansion Plans to 66 Properties

Rotana announces further expansion plans
Easier (press release) - Chester,UK
As Rotana, the leading hotel management company in the Middle East and North Africa, has announced the expansion of its portfolio to 66 properties to open by 2012. This came as a result of new management agreements signed by Rotana for new properties across the region, including Cairo, Jordan, Oman, Iraq, Qatar, United Arab Emirates and Saudi Arabia.

Dubai World to Take Advantage and Sweep the World

Dubai World to expand hotel network despite global financial crisis
Xinhua - China
Dubai World, a holding company that manages and supervises the portfolio of businesses and projects for the Dubai Government, is planning to expand its hotel network despite the current global financial crisis, local newspaper Gulf News reported on Wednesday. Instead of tightening its purse strings, Dubai World seeks to take advantage of the credit crunch that swept the world, it said. make it

AED 20Bn Ghadeer Development Financed and Infrastructure Work Started

Work on Dh20bn Al Ghadeer starts
Zawya - United Arab Emirates
Abu Dhabi-based real estate developer Sorouh Real Estate has started infrastructure works of the Dh20 billion-Al Ghadeer development, said a senior official. The project is located on the Dubai-Abu Dhabi border.
"The company does not have any problem with regard to liquidity at present. It collected Dh4bn loans from international and local finance institutions through sukuk. ...