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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, December 24, 2008

Leighton Holdings Won a $460 Million Contract for Queensland's Eastern Busway

Leighton Holdings facing tougher times
The Australian - Sydney, Australia
AFTER missing out on Brisbane's third major tunnel project, the $2.6 billion Northern Link, Leighton Holdings had a minor victory yesterday when it won a $460 million contract to construct Queensland's Eastern Busway.
...

Thousands of UAE's Construction Workers Laid Off and 45% may be Sacked

Zawya
Thousands of laid off construction workers have applied for visa cancellations and the Abu Dhabi Chamber of Commerce predicted on Tuesday that as many as 45 per cent of such labourers might be sacked. ...

Kevin Donovan Appointed EGMI Chief Executive Officer

EGMI: Appointment of Kevin Donovan as CEO
Trading Markets (press release) - Los Angeles, CA, USA
Electronic Game Card, Inc. (EGMI) announced that Kevin Donovan will join the Company as its Chief Executive Officer, effective February 1, 2009. Mr. Donovan has over 25 years experience in corporate branding and licensing with prominent entities such as the 2002 Winter Olympics, professional sports properties and entertainment media companies. ...

Ras Al Khaimah Investment Authority Plans to Jointly Build Rs14,000 Crore Project in Indonesia

Nalco and UAE minerals firm to invest in Indonesian project
domain-B - Khandala, Maharashtra, India
National Aluminium Co (NALCO) and RAK Minerals and Metals Investment (RMMI), promoted by the Ras Al Khaimah Investment Authority, UAE, plan to jointly build Rs14,000 crore project in Indonesia. ...

Tunisia's Financed Projects will not be Scrapped or Delayed

Tunisia sees no investment setback from downturn
Reuters - USA
TUNIS, Dec 23 (Reuters) - High-profile projects in Tunisia financed by Arab Gulf investors will not be scrapped or delayed because of falling oil prices and the global economic downturn, a senior government official was quoted as saying on Tuesday. ...