Abyaar Real Estate Development Company to Sell Property Project in UAE

Abyaar in talks to sell part of UAE project
Trade Arabia - Manama, Bahrain
Kuwait's Abyaar Real Estate Development Company said on Sunday it was discussing selling a property project in the UAE with an unidentified investor. ...

Ras Al Khaimah - Solanki Holdings Announces Dhs12bn

Solanki Holdings & Investments Ltd announces Dhs12bn worth of investment in Ras Al Khaimah
AME Info - United Arab Emirates
Solanki Holdings, a UAE-based conglomerate, has announced its newest company, Solanki Real Estate, which has planned an investment of Dhs12bn in the sector. ...

Morgan Stanley Cuts Jobs in Dubai

Morgan Stanley Cuts Staff by 15% at Its Dubai Regional Office
Bloomberg

Nov. 30 (Bloomberg) -- Morgan Stanley reduced its workforce by as much as 15 percent at its regional hub in the Dubai International Financial Centre. The bank cut 10 to 15 jobs last week from more than 110 at its office, Georges Makhoul , Morgan Stanley's managing director for the Middle East and North Africa, said in an e-mailed response to questions from Bloomberg News. ...

Bahrain's First $1 Billion Monorail Line may Run from Muharraq to Alba

$1bn rail line awaits signal
Gulf Daily News - Manama, Bahrain
BAHRAIN's first monorail line could run from Muharraq and pass through Manama, Seef, and Isa Town before ending at Alba.

It is the first of four proposed lines and is expected to cost $1 billion (BD378 million) to build, at $50m per kilometre. ...

New Products at INDEX 2008 Dubai International Exhibition Center from 3rd - 7th December 2008

DORMA to Showcase New Product Range at INDEX 2008
Zawya - United Arab Emirates
Dubai, UAE 30^th November 2008: World-leading door systems and technology specialist DORMA is to showcase an entirely new product range covering exceptional design and modern technologies at INDEX 2008 taking place at Dubai International Exhibition Center from 3^rd - 7^th December 2008. ...

Nakheel Cuts 500 Jobs

RPT-WRAPUP 1-Dubai's Palm builder cuts jobs, luxury defaults up
Reuters - USA
DUBAI, Nov 30 (Reuters) - Dubai government-owned company Nakheel, developer of the man-made Palm Islands, said on Sunday it had cut 500 jobs, the starkest sign yet that the end of the Gulf hub's property boom could hit the whole economy. ...

Twenty-four New Tourism Projects are in Pipeline in Asir Region

KSA: 24 New Tourism Projects Coming Up In Asir
Zawya

ABHA - Twenty-four new tourism projects are in pipeline in Asir Region. These projects are to be launched in the middle of next year, Prince Faisal Bin Khaled Bin Abdul Aziz, Emir of Asir, said here Friday. ...

Pearl-Qatar Defies World Real Estate Trends by Signing $150 Million Deal

The Pearl-Qatar, Retaj Sign $150M Deal
Zawya

The Pearl-Qatar has once again defied world trends by signing a QR550 million ($150 million) deal with a leading property company for the sale of a precinct in the Island's Qanat Quartier. ...

Emaar Properties Highlighting World-class Design in Egypt.

Emaar Misr highlights 'ready to live in homes' as lifestyle ...
AME Info - United Arab Emirates
Emaar Misr for Development, the wholly-owned subsidiary of global property developer Emaar Properties, is highlighting the world-class design, development and execution of its residential projects at Le Marche, the country's premier interior design and furniture exhibition. ...

Dubai Continues to Build Despite Global Crisis

Dubai vows to keep building despite global crisis
Telegraph.co.uk - United Kingdom
He does not know it, but Babu Sassi, a fearless young man from Kerala in southern India, is the cult hero of Dubai's army of construction workers.

Known as the "Indian on top of the world", Mr Sassi is the crane operator at the tallest building on earth – the 819m Burj Dubai. ...

UAE Turning Towards Russia Amid Current Global Financial Crisis

Russians pick up the slack in UAE investments
The National

DUBAI // The UAE is turning towards Russia to maintain a level of economic stability through investments as other nations are unable to contribute amid the current global financial crisis. ...