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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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Monday, November 24, 2008

Tanmiyat Group Unveils Plans to Participate in Cityscape India 2008

Tanmiyat participates in Cityscape India 2008 as golden sponsor
AME Info - United Arab Emirates
Tanmiyat Group, a real estate investment and development firm in the Middle East, has unveiled its plans to participate in Cityscape India 2008, an international show of real estate investment and development, which will be held between 8 and 10 December at the Bombay Exhibition Centre. ...

Aabar Investments Co plans $136.1 Million Property Investment

Aabar to invest $136m in real estate
Trade Arabia - Manama, Bahrain
Abu Dhabi-listed Aabar Investments Co, which invests in energy, said it plans to plough at least 500 million dirhams ($136.1 million) into the property sector despite fears of a slowdown. ...

Dubai's Big 5 Building Fair Spots Brazilians

Brazilians Shine at Dubai's Big 5 Building Fair
Brazzil Magazine - Los Angeles,USA
Building-sector companies from Brazil participating in the Big 5 Show began closing deals right from the start of the construction sector trade fair, which started this Sunday, November 23, in Dubai, in the United Arab Emirates. ...

Abu-Dhabi Investment House Launches a $7 Billion Project

ADIH Launches Fashion City Project In Morocco and creates 8,000 jobs
Zawya
Marrakesh: Abu-Dhabi Investment House inaugurated in Morocco last week its first phase of a $7 billion (Dh25.69 billion) project to build fashion cities in several parts of Asia and Africa …

Telenor Pakistan to Acquire 51 Per Cent in Tameer Microfinance Bank

Telenor acquires major stake in TMB
Pakistan Observer - Islamabad, ISB, Pakistan
Telenor Pakistan has entered into an agreement to acquire 51 per cent of the shares in Tameer Microfinance Bank (TMB) for a foreign direct investment (FDI) of USD 12.5 million (PKR 1 billion approximately) through a direct rights issue. ...

Phoenix Petroleum Philippines Inc. Signed Oil Agreement with UAE Olympic Shipping Company

Phoenix inks oil-supply deal with UAE firm
Business Mirror - Philippines
DAVAO-based oil company Phoenix Petroleum Philippines Inc. (PPPI) on Friday signed an oil supply and investment agreement with the United Arab Emirate's Olympic Shipping Company Llc. (OSC), which secures the listed firm's petroleum requirements, as well as possible infusion of funds in the future.. ...

Credit Crunch Forces UAE and Saudi to Take Action

Credit crisis forces emergency moves by Saudi, UAE
Reuters India - Mumbai, India
DUBAI/RIYADH (Reuters) - Saudi Arabia slashed interest rates for an unprecedented third time since October and the United Arab Emirates intervened in a property merger on Sunday in moves to contain the impact of the credit crunch. ...

Roadex-Railex Exhibition Opens 24-25 November at Abu Dhabi Exhibition Centre

 
Roadex-Railex is NOW OPEN.

Open: Sunday 23 - Tuesday 25 November 2008
Times: 11.00am - 7.00pm daily
Location: Hall 8
Venue: Abu Dhabi National Exhibition Centre
Free to attend.

Steady Flow of Quality Visitors to Roadex-Railex

Officially opened this morning by Brigadier General Mohammad Butti Al-Rumaith (Director General of the General Department of Border Security, Abu Dhabi Police) who was accompanied by Mohammad Bin Ghannam Al-Hamili (Under Secretary of The Department of Finance), Roadex-Railex, The Middle East's Premier Traffic and Transport Infrastructure Exhibition, has attracted a steady flow of quality visitors on its first day.

Regional and international exhibitors are showing the latest developments that will help governments throughout the region implement their traffic and transport infrastructure initiatives.

German exhibitor INIT, a world-leading provider of telematics and electronic fare collection systems for public transport, is showing its latest developments, alongside a number of proven systems that assist in making public transport more attractive, faster and more efficient.

Lochwynd of the UK are highlighting the innovative Astucia SolarLite Road Studs, which have a proven track record in delivering significantly reduced road casualty rates - as much as 72% - in actual installed situations.

Acknowledged worldwide as a leader in the field of Automated Traffic Enforcement Solutions, French exhibitor Sagem Securite is also highlighting its comprehensive range of enforcement technologies that are designed to increase road safety.

Roadex-Railex, which is sponsored by Vossloh, a major international supplier of advanced traffic control and warning systems, runs through until Tuesday 25th November at Abu Dhabi National Exhibition Centre, and is open from 11am to 7pm daily. A programme of seminars (free to attend for registered visitors) will also take place on Monday 24th November.

   

Visit Roadex-Railex today and benefit from the free to attend Seminar Programme.

Monday 24th Nov
Room 1 - Capital Suite 6

11.30 - 12.30

Company: Technochem/ Tencate
Topic: Tencate Technologies for Reinforced 
Soil Structures
Speaker: Andy Holgate and Jack Kievit

13.00 - 14.00 Company: Naue GmbH
Topic: Using Geosynthetics in Road and Rail 
Contruction to Reduce Costs
Speaker: Mr. Torg Klompmaker
14.30 - 15.30 Company: Pitchmastic PMB
Topic: The Need for Structural Waterproofing
Speaker: Adrian Pike
16.00 - 17.00    Company: Bentley Systems
Topic:  Software for the Design and Maintenance of 
Roads and Railways
Speaker: John Bryant and Steve Cockerell
17.30 - 18.30 Company: Tensar International
Topic: Ground stabilization and an introduction to Tensar 
TriAX, a revolution in geogrid technology
Speaker: Cliff Hall

The Roadex-Railex Conference is taking place alongside the exhibition. For further information, visit Roadex Railex Conference

Dubai Industrial City Showcases Dhs 5 Billion at Big 5 Show 2008

Dubai Industrial City showcases over Dhs5bn industrial offerings at Big 5 Show 2008
AME Info
Dubai Industrial City, a member of Tatweer Dubai, today announced it is showcasing its diverse line up of industrial offerings, worth more than Dhs5bn, at the Big 5 Show, the largest annual exhibition for the Middle East construction and contracting industry that opened today in Dubai. ...

Dubai Plans $2.3 Billion for Traffic Jam Solution

Nov. 23 (Bloomberg) -- Dubai, home to the world's tallest building, will pay 8.6 billion dirhams ($2.3 billion) for 1,616 buses as the emirate expands its road and rail network to ease traffic congestion in the city. ...

Al-Sidra World Class Golf Residential Project in Doha a $3.5 Billion Deal

Arcapita in deal to develop $3.5bn Qatar golf project
Trade Arabia - Manama, Bahrain
Arcapita Bank, a global investment house headquartered in Bahrain, and Al-Imtiaz Investment Companny, a Kuwait-based investment company, have joined hands to develop Al Sidra, a $3.5 billion golf residential project in Doha, Qatar. ...

Projects Under Construction in the UAE Worth $800 Billion

Projects worth $800bn under way in the UAE
Emirates Business 24/7 - Dubai,Dubai, United Arab Emirates
Despite caution over future projects, $800 billion (Dh2.9 trillion) of projects are currently under construction in the UAE, according to a survey by Proleads, the research partner of The Big 5. ...

Dubai - Mammoth Billboard Accepted by Guinness Book of World Records

The world's longest advert will launch in Dubai
AME Info - United Arab Emirates
... This mammoth billboard, which has been accepted by the Guinness Book of World Records, is the brainchild of Adrac, a global advertising and marketing agency with offices in the Burj Business District. ...

All New Dubai Constructions to Comply with "Green Building Regulations"

Green push for new buildings
GulfNews - Dubai, United Arab Emirates
Dubai: All new constructions under the jurisdiction of Dubai World are now required to adhere to the Green Building Regulations mandated by the Environment Health and Safety (EHS), the regulatory arm of Trakhees - Ports, Customs and Free Zone Corporation (PCFC) effective January 1, 2009. ...

Japanese Firms to Takeover Major Electricity and Water Project in Abu Dhabi

TOKYO, Nov 22 (KUNA) -- Japan's fifth-biggest trading firm Marubeni Corp. and Osaka Gas Co. will take a stake in a major electricity and water project in Abu Dhabi after a European firm ran into difficulty securing financing, a top-selling business daily here reported Saturday. ...

Agreement Signed to Harness Gas Reserves in Habiba Area of Central Oman

Oman: $500m To Dvlp New Block 62 Gas Reserves
Zawya
MUSCAT -- The Government will sign today a major concession agreement aimed at harnessing potentially attractive gas reserves in the Habiba (Block 62) area of central Oman. Capital investments in the exploration and development of the block's gas potential are in the order of $500 million, it is learnt. ...

World's First $1 Million Dollar "Package" Holiday

$1 million holiday to beat credit crunch blues
Telegraph.co.uk - United Kingdom
It is the perfect way to see off those credit crunch blues: by embarking on the world's first $1 million dollar "package" holiday.
As one might expect with the £700,000 price tag, no luxury is spared for the two people arriving at the ultra-luxurious Emirates Palace hotel in Abu Dhabi for their "once in a lifetime" holiday. ...

Mosque Construction within KAEC The Economic City Commences

Emaar, The Economic City, the Tadawul-listed company developing King Abdullah Economic City (KAEC), is developing mosques within KAEC as part of its commitment to create integrated communities. Hassan Abbas Al Sharbatly Charity has donated towards construction of the first mosque within Bay La Sun Village. ...

George Bush Approves and Authorize Proposed UAE Nuclear Energy Agreement

Presidential Determination on UAE's Nuclear Energy Use
White House - Government of the United States of America
Proposed Agreement for Cooperation Between the Government of the United States of America and the Government of the United Arab Emirates Concerning Peaceful Uses of Nuclear Energy and authorize the Secretary of State to arrange for its execution. ...