Customs and Ports Department of Ras Al Khaimah Started Phase III Construction

Third Phase Of RAK Port Expansion Begins
Zawya

Ras Al Khaimah: The customs and ports department of Ras Al Khaimah has started construction of the third phase of expanding and improving the port.

The cost of works will total Dh14 million.

Mohammad Al Mehrizi, director-general of Ras Al Khaimah Customs and Ports Department, said that the work has gone according to plan. ...

Medical Tourism Association (MTA) Signed Agreement with UAE

MTA Signs Agreement with UAE Ministry of Health
PR.com (press release) - Levittown, NY, USA
West Palm Beach, FL, January 30, 2009 --(PR.com)-- The UAE Ministry of Health and the Florida-based Medical Tourism Association (MTA) signed today an agreement for cooperation in the related field. ...

Areva Transmission and Distribution Won AED 5.28 Billion Order from UAE

French Firm Seeks Larger Slice In UAE Market

Zawya

French energy supplier Areva Transmission and Distribution won Dh5.28 billion orders from the Middle East, a top company official said. The company, which wants to become a preferred bidder for the UAE's first nuclear power plant, has increased its activities in the country. ...

John Buck International Appointment by Aldar

Aldar appoints John Buck International to manage commercial property portfolio
Zawya 

Dubai, UAE, 28 January 2009 - Aldar Properties, Abu Dhabi's leading property development, investment and management company has appointed John Buck International (JBI) to act as its managing agent and provide commercial property management services across its commercial portfolio ...

UAE’s Real Estate Industry Shocks

Dubai Business | Kippreport » House arrest, Part II »
Zawya

Saudi Arabia has the largest real estate market in the Gulf Cooperation Council (GCC), with more commercial floor space than all of the other countries in the region combined. The current stock of commercial space is planned to increase more than 60 percent by 2012. ...

Plus Properties to Unveil Blue Dolphin Commercial Centre

Plus Properties to Unveil Premium Projects
Khaleej Times - Dubai, United Arab Emirates
DUBAI - Dubai-based property developer Plus Properties is showcasing its premium development projects at IREIS expo between January 27-29 at the Abu Dhabi National Exhibition Centre. ...

Dubai Metro Extension Baged by Parsons JV Systra

Parsons and Systra JV bags Dubai Metro green line extension
SteelGuru - Gurgaon, Haryana, India
MEED reported that a JV of US based Parsons International and France's Systra has been awarded the consultancy contract for the extension to the Green Line of the Dubai Metro. ...

Brainchild Brand Consultancy Awarded Nareel Island Contract in Abu Dhabi

Aldar Properties awards Brainchild Brand Consultancy branding contract for Nareel Island, Abu Dhabi
AME Info - United Arab Emirates
Aldar Properties, the renowned Abu Dhabi-based international property developer, builds on an existing relationship with Brainchild Brand Communications Consultancy, by awarding them the strategic branding contract for the Nareel Island development in Abu Dhabi. ...

Langan International Opens Two Offices in Abu Dhabi and Dubai

Langan International Establishes Two Offices in the UAE: Abu Dhabi and Dubai
Amerisurv - Frederick, MD, USA
New York (January 27, 2009) – Langan Engineering & Environmental Services, a premier land development engineering and environmental consulting firm, has announced that Langan International, its wholly owned subsidiary, opened two new offices in the United Arab Emirates (UAE): Abu Dhabi and Dubai. ...

Emaar Economic City Awards $52.2 Million Contract to Huta Marine

KAEC water supply job awarded
Construction Week Online - Dubai, United Arab Emirates
The Emaar Economic City (Emaar EC) has awarded a US $52.2 million (SAR196 million) contract to Huta Marine for drinking water supply infrastructure works within the King Abdullah Economic City, including the construction of a reverse osmosis (RO) plant. ...

Two Contracts Worth $3.5 Billion Awarded in Abu Dhabi

Adco Awards $3.5 Billion Contracts
Zawya

Abu Dhabi's main onshore oil producing company said yesterday it has awarded contracts worth about $3.5 billion (Dh12.85bn) to develop three oilfields as part of an ongoing programme to lift its crude output capacity. …

Petrofac International Awarded $2.3 Billion Contract in Abu Dhabi

Petrofac Awarded $2.3 Billion Abu Dhabi Contract
Zawya

Petrofac, the international oil & gas facilities service provider, has been awarded a US$2.3 billion contract by Abu Dhabi Company for Onshore Oil Operations (ADCO) for the development of the onshore Asab oil field.

Under the 44-month lump-sum contract, Petrofac will provide engineering, procurement and construction (EPC) services to upgrade the production capacity of the Asab field. ...

Abu Dhabi Real Estate & Investment Show (IREIS 2009) from 27 - 29 Jan 2009

Abu Dhabi Real Estate & Investment Show - IREIS 2009
ArabianBusiness.com - Dubai, Umm al Qaiwain, United Arab Emirates
IREIS 2009 is scheduled to take place on 27 - 29 Jan 2009 from 11:00 am to 8:00 pm daily at the Abu Dhabi National Exhibition Centre. IREIS 2009 will occupy an exhibiting space of 12,800 square meters an increase of 28% from IREIS 2008. ...

Lebanon's Cedar Island

Noor Intl To Present 'Lebanon's Cedar Island'
Zawya

Beirut - "Noor International Holding", located in Beirut, declared its determination to present to the Lebanese official authorities the development of "Lebanon's Cedar Island" project facing the Lebanese coast in order to get the approvals. The company revealed also that the project is an artificial island in the sea and it is similar to Lebanon's national symbol. It is worth mentioning that this island will be the biggest artificial tree in the history. ...

Noor Financial Investment Company JV Russia's "Gazprom Giovezeka"

Kuwaiti Noor Invest. Co. Sets Up JV With Russian Gazprom
Zawya

Kuwaiti Noor Financial Investment Company said on Saturday that it has completed procedures for the establishment of a joint venture with Russia "Gazprom Giovezeka" of the Russian gas company Gazprom.

The establishment of the new company comes as part of implementing an earlier agreement between the two sides which would set up two companies one in Russia and one in Kuwait under one joint company, Noor Invest Vice President and Member of Board of Directors Nasser Al-Murri told KUNA. ...

Arabian World Construction Summit 9-11th February 2009 - Abu Dhabi

Arabian World Construction Summit 2009 in Abu Dhabi to focus on on changing face of region's industry
AME Info - United Arab Emirates
Meed, the Middle East's premier business intelligence provider, today announced it will bring together over 500 delegates and 60 industry experts for the Arabian World Construction Summit (AWCS) 2009 to discuss the changing face of the region's construction industry in light of the global economic downturn. ....

Cyprus Real Estate “Crisis Management” Seminar 30-31 January 2009

CIIM, RICS to host Cyprus real estate "crisis management" seminar
Financial Mirror - Cyprus
In a challenging time for the real estate industry, a crisis management seminar gives its participants the opportunity to enhance their knowledge and skills, and also to maximize their company's success. The seminar, titled "Advanced Executive Course in Real Estate: Marketing & Selling Techniques for Real Estate", is being organised on January 30-31 by RICS (Royal Institution of Chartered Surveyors) Cyprus, the Cyprus International Institute of Management-CIIM business school and the Human Resource Development Authority of Cyprus. ...

Abu Dhabi's Masdar and SBI Holdings Inc may Invest $300 Million in Japanese Alternative Energy

UAE fund to invest in Japan renewable energy firms
Reuters - USA
TOKYO, Jan 23 (Reuters) - Abu Dhabi's Masdar, a clean energy venture, and Japan's SBI Holdings Inc (8473.T) may invest up to $300 million in Japanese alternative energy start-ups through a joint investment fund, SBI said on Friday.

Masdar's investment vehicle, the Masdar Clean Tech Fund, and SBI have agreed to each put up $10 million to create a first fund to invest in firms involved in solar, wind and other alternative energy, SBI officials said. ...

UAE Investments in Turkey

UAE investments in Turkey to touch $3b
Khaleej Times - Dubai, United Arab Emirates
DUBAI - Officials from the Sharjah Chamber of Commerce and Industry (SCCI) headed by SCCI Director General Hussein Mohammad Al Mahmoudi met a high-profile Turkish delegation led by Arda Aciksoz, Vice-President of the Investment Support and Promotion Agency of Turkey (ISPAT), recently at SCCI's new building to discuss investment opportunities between Turkey and the UAE. ISPAT is an agency under the Republic of Turkey's Prime Ministry. ...

Solar Power Water Heaters for Abu Dhabi Project

Solar deal to heat water in new Abu Dhabi project

Arabian Business

A solar solutions company operating in the MENA region has announced plans for the design, supply, and installation of advanced central solar hot water solutions in 48 buildings in Modern Residential City, Abu Dhabi.

The central solar hot water systems will supply 1.3 million litres a day of hot water for the expected 25,000 city residents. ...

Reef Real Estate Investment Signes Agreement with Rydges Hotels and Resorts for Crystal Tower Al-Wadi Hotel & Residence

Reef Real Estate, Rydges Hotels Ink Deal
Khaleej Times - Dubai, United Arab Emirates
DUBAI - In a significant development, Reef Real Estate Investment Company signed an operator agreement with Rydges Hotels and Resorts for two of its upcoming projects namely Crystal Tower at Business Bay and Al Wadi Hotel & Residence at Mizin project, Dubailand. ...

Qatari Diar Real Estate Investment Company Awards Contract for Doha Exhibition Center Phase 2

Barwa Real Estate announces award of 2nd tender of Doha Exhibition Center
AME Info - United Arab Emirates
Barwa Real Estate Company (Barwa), one of the premier organizations in the state of Qatar has announced that Qatari Diar Real Estate Investment Company, major developer of Doha Exhibition Center and Tower (DEC&T) owned by Barwa, has awarded the main contractor the tender for the second phase of the project. ...

New Photovoltaic Breakthrough in UAE

UAE Company Claims Solar Breakthrough
GoodCleanTech

American Building Technologies -- a U.S. based subsidiary of the United Arab Emirate company, Mulk Holdings, has tested a new photovoltaic composite that the company says will make concentrating solar applications lighter and cheaper. ...

500 New Construction Jobs In Abu Dhabi

UAE construction company to create 500 jobs - Construction
Arabian Business

US consulting and construction company CH2M Hill is to employ up to another 500 staff at its Abu Dhabi operations in the next 12-18 months to manage major infrastructure projects in the emirate, according to a senior director of the firm on Tuesday.

CH2M Hill will grow its staffing levels by up to 50 percent as operations commence fully on contracts it has secured with the government, said John Parry, business development director, for the firm's Middle East water business group.

CityScape Headlines Briefs

Masdar to build solar photovoltaic plant

Masdar, a sustainable energy-saving initiative, has begun building the first solar photovoltaic plan... Read more >>
Source: Adfero

Capitala signs co-Operation agreement with Abu Dhabi Finance

Capitala, the Abu Dhabi based real estate company, today announced that it has signed a Co-operation... Read more >>
Source: MENA report.com

Slowdown fails to dampen enthusiasm for Cityscape Abu Dhabi

Organisers report 85% space already sold for Cityscape Abu Dhabi 2009; UAE capital still one of mos... Read more >>
Source: Cityscape Intelligence

UNIBETON and iCrete Announce Clean Technology Partnership Agreement

UNIBETON, the largest and most technically advanced concrete producer in the United Arab Emirates,... Read more >>
Source: PR Newswire

UAE offers attractive investments for foreigners

The United Arab Emirates (UAE) provides a variety of attractive investment opportunities for foreign... Read more >>
Source: Adfero

'Abu Dhabi is well placed to be a future capital'

The city of Abu Dhabi is well placed to be a future capital of the Middle East, one real estate deve... Read more >>
Source: Adfero

RERA and DIB Forum looks at issues of real estate developers

Dubai Islamic Bank (DIB) in partnership with the Real Estate Regulatory Agency (RERA) hosted ... Read more >>
Source: Gulf News

'Expansion of Ras Al Khaimah set to continue'

The expansion of the Ras Al Khaimah Free Zone (Rak Ftz) is expected to continue despite the impact o... Read more >>
Source: Adfero

'Saudi Arabia one of most business friendly places'

Saudi Arabia is among the top 20 most business friendly places in the world, according to the result... Read more >>
Source: Adfero

ABERDEEN TO SET UP $1 BILLION INDIA-SPECIFIC REALTY FUND (for investing in real ...

Aberdeen Asset Management (Aberdeen), an international investment management group, will set up a $1... Read more >>
Source: India Business Insight

Marriott to open hotels in India

The Marriott firm is to open up to seven hotels in India during 2009 with a collective capacity of m... Read more >>
Source: Adfero

ANDHRA CM TO REVIEW MAYTAS-RUN PROJECTS (including the Hyderabad Metro Rail Proj...

The chief minister (CM), Government of Andhra Pradesh, will review infrastructure projects being dev... Read more >>
Source: India Business Insight

Unitech to sell parts of its property portfolio

Unitech, a real estate developer in India, is to sell parts of its property portfolio in a bid to ti... Read more >>
Source: Adfero

'Indian developers fail to cut prices'

Indian property developers have failed to cut real estate prices despite a restructuring of the loan... Read more >>
Source: Adfero

IFC TO INFUSE $3 BILLION IN BANKS VIA RECAPITALISATION FUND (to support financia...

The International Finance Corporation (IFC) of Washington is planning to infuse funds worth $3 billi... Read more >>
Source: India Business Insight

Hyatt Corporation to expand in India

The Global Hyatt Corporation has announced plans to expand its brand in India over the course of the.. Read more >>
Source: Adfero

Omaxe to build 10,000 homes in Indore

Omaxe, an Indian real estate developer, is to launch the construction of 10,000 homes in Indore. Ac... Read more >>
Source: Adfero ..

Job cuts in real estate market in Pune

A number of redundancies have been issued and projects halted in the region of Pune, according to th... Read more >>
Source: Adfero

International & Indian Law Firms, Clifford Chance and AZB, Form 'Best Fr...

Clifford Chance and AZB are pleased to announce an agreement to establish a 'best friends' relations... Read more >>
Source: Cityscape Intelligence

'Chinese economy to see a rough ride during 2009'

The economy in China is to go through a tough time in 2009 but should see some sort of recovery duri... Read more >>
Source: Adfero

More than 100,000 flats to be built in Shanghai

An estimated 120,000 flats are to be built in Shanghai over the course of the next two years, one re... Read more >>
Source: Adfero

Foreigners Fishing in Depressed Korean Assets for Bargains

When U.S. buyout firm Lone Star purchased the landmark 45-story Star Towe... Read more >>
Source: Korea Times

'SG Private Bank setting up real estate fund'

Societe Generale (SG) Private Bank is establishing a real estate unit for those global investors loo... Read more >>
Source: Adfero

Chinese real estate to recover by 2011

The real estate industry in China is expected to recover from its current slump by 2011, one report ... Read more >>
Source: Adfero

Jobless migrants flood back to China's villages

For Chen Xiaohong, the global economic crisis started with unsold portable DVD ... Read more >>
Source: Associated Press Alert

Indonesian government called on to ease real estate rules

The government in Indonesia is facing increasing numbers of calls to ease legislation surrounding pr... Read more >>
Source: Adfero

'China's construction sector to outperform others'

The construction sector in China is expected to perform better than the same industry in other emerg... Read more >> Source: Adfero

China and India to benefit from new FTSE indexes

China, India and Indonesia are among the 13 emerging markets to receive a real-time index to allow i... Read more >>
Source: Adfero

Shenzhen may lead real estate revival in mainland

Shenzhen real estate sales are expected to see the fastest rebound among mainland cities this year, ... Read more >>
Source: China Daily

Abu Dhabi-based Khalifa Fund Continues to Inject Funding into 100 New Projects

Khalifa Fund to finance 100 new businesses in Abu Dhabi
Zawya

Abu Dhabi-based Khalifa Fund will continue to inject funding into 100 new projects this year in small and medium enterprises (SMEs) and growth sectors such as manufacturing and tourism in the emirate.

Speaking to Emirates Business, Dr Halah El Sokari, Director of Strategy and Planning for the Khalifa Fund, said: "Despite the financial crisis and business slowdowns in other places in the region and the world, nothing has changed in our five-year strategic plan.

The US$3 Billion Qatar-Bahrain Causeway Now Set to Start

New start date for $3bn causeway work - Construction & Industry
Arabian Business

Work on the $3 billion Qatar-Bahrain Causeway is now set to start this summer with a five-year timeline, it was revealed on Tuesday., "The delay is to incorporate provisions for passenger and freight rail tracks," Qatari Diar Vinci Construction (QDVC) CEO Gerald Mille said in comments published by Qatar daily Gulf News. Work had originally been scheduled to start this month. ...

New Zayed University US$28.5-Million Design Contract Awarded to AECOM

AECOM Wins US$28.5-Million Contract to Design New Zayed University Campus in Abu Dhabi
SYS-CON Media - Montvale, NJ, USA
AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, today announced that it has been awarded a one-year, US$28.5-million contract to provide design services for Zayed University's new campus in Abu Dhabi, United Arab Emirates (U.A.E.).  ...

Abu Dhabi to Press Ahead Solar Energy Plans

Abu Dhabi To Keep Investing In Solar Energy Despite Crisis
Zawya

ABU DHABI, Jan 19, 2009 (AFP) - Oil-rich Abu Dhabi said Monday it will press ahead with plans to develop solar energy, shrugging off a huge drop in oil prices which is cutting the emirate's revenues. ...

Shuaa Capital - Stock Markets to Rise 21 Per Cent in 2009

UAE Markets Seen Gaining 21% in 2009: Shuaa
Middle East North Africa Financial Network - Amman, Jordan
DUBAI - Stock markets in the United Arab Emirates, which fell as much as 72 per cent last year, are likely to rise 21 per cent in 2009 as confidence begins to recover in the second half of the year, Shuaa Capital said on Sunday. "Negative economic and corporate news flow will present a headwind for stocks throughout 2009, setting a grim mood, especially during the first half of the year," the Dubai-based investment bank said in a research note. ...

Qatar Government Ordered Merger Between Barwa Real Estate and Qatar Real Estate Investment Co

Qatar govt orders new property merger as woes mount
Reuters - USA
DUBAI, Jan 19 (Reuters) - Pressure on Qatari firms to merge to withstand the global financial crisis increased after the government ordered a merger between Barwa Real Estate BRES.QA and Qatar Real Estate Investment Co QREC.QA.

The merger -- the fourth in the Gulf Arab gas exporter in three months -- comes as Gulf real estate markets suffer under the financial crisis and falling oil prices. The two firms have a combined market capitalisation of $2.5 billion. ...

Al Farwaniya Property Developers Buys 1.3 Million Square Feet at Najmat Abu Dhabi

Reem sells four seafront plots to Al Farwaniya
Zawya - United Arab Emirates
Reem Developers, an Abu Dhabi-based master developer and a subsidiary of Reem Investments, yesterday sold four seafront residential plots measuring 1.3 million square feet to Al Farwaniya Property Developers. ...

Emerson Opens New Dubai Regional Headquarters

Emerson Opens New Dubai Facility and Strengthens Presence in Middle East
ThomasNet

Recent investment highlights longstanding presence and strong customer relationships in region DUBAI, United Arab Emirates, January 13, 2009 - Emerson (NYSE: EMR) yesterday celebrated the official opening of its new regional headquarters in Dubai to better serve its growing portfolio of business in the Middle East and to reinforce the company's long-term commitment to the region. David N. Farr, ...

Women Won Court Verdict for a Dubai Property Ownership

Court confirms ownership of property worth Dh1.69m
GulfNews - Dubai,United Arab Emirates
Dubai: A woman has won a court order confirming her ownership of a property worth Dh1.69 million in one of the most prestigious gated communities here. ...

Global Investment House Saudi Arabia Launches Operations

Global Begins Operations in Saudi Arabia
Global Investment

Kuwait: Global Investment House (Global) announced today that Global Investment House Saudi Arabia (Global-Saudi) received permission from the Saudi Financial Authority to launch its operations in private placements, M&As, privatizations, advisory services and IPOs to name a few. Global-Saudi has a capital of 50 million Saudi Riyals. ...

Hotel Projects to Continue in India

Hotel players flock to invest in India
Asia Property Report - Bangkok, Thailand
The slowdown does not appear to be hampening hotel development in India, with players Carlson Hotels and Global Hyatt Corporation still keen to invest. ...

Cityscape Real Estate Abu Dhabi Slowdown

Slowdown fails to dampen enthusiasm for Cityscape Abu Dhabi
AME Info - United Arab Emirates

The economic slowdown and the corrections to global property prices are failing to dampen industry enthusiasm for an international real estate exhibition and conference to be staged soon in the United Arab Emirates. ...

20 New Hotels By Hayatt Hotel Corporation

Global Hyatt to add 20 hotels in 5 years
Business Standard - Mumbai, Maharashtra, India
Global Hyatt Corporation, a US-based premier hotel chain operator, has announced an expansion initiative involving erection of 20 new hotel properties in the next five years. ...

Job Cuts Hits Dubai's Emaar in US

Emaar US unit to cut jobs due to slowdown -paper
Reuters - USA
DUBAI, Jan 17 (Reuters) - The U.S. unit of Emaar Properties EMAR.DU, John Laing Homes, will cut jobs and review operations due to the credit crisis and global economic downturn, a company official said in remarks published on Saturday. ...

Maiden Project Arzanah Extends Mortgage Finances

Capitala Signs Co-Operation Agreement with Abu Dhabi Finance
Al-Bawaba - Amman, Jordan
Capitala, the Abu Dhabi based real estate company, today announced that it has signed a Co-operation Agreement (CA) with Abu Dhabi Finance to extend mortgage financing services to buyers of its maiden project Arzanah.

Dubai's Rotating Tower to Go Ahead

Rotating towers survive Dubai's construction downturn
Arabian Business

The financial crisis will not stop the construction of two rotating tower projects in Dubai with both the developments predicted to break ground in the coming months, it was reported Saturday.

The 80-storey Dynamic Tower, famous for its independently rotating floors, was tentatively scheduled to start construction by the end of last year but has been hampered by delays in acquiring land approvals. ...

200 Jobs Cut by Aldar

Aldar to axe its 200 employees
Aim168 Real Estate (press release) - Dubai, Dubai, United Arab Emirates
The outstanding property development company of Aldar which is an outcome of the collaboration between a kingpin property company of Abu Dhabi and a UK realty firm has proclaimed of terminating its 200 employees. ...

New Hotel in India to be Built

Hyatt Corp in JV with Emaar MGF to build hotels in India
Economic Times - Gurgaon, Haryana, India
NEW DELHI: US-based hotel chain operator Global Hyatt Corporation announced a 24:76 joint venture with property developer Emaar MGF for building six hotels in India by 2013. The two partners will jointly invest about Rs 1,000 crore(~$200 million) to build these hotels under the mid-market brand Hyatt Place. ...

Atkins to Make more than 200 Staff Redundant

Atkins cuts 200 staff following Middle East slowdown
Building Design - UK
Atkins is to make more than 200 staff redundant following a major slowdown in its work in the Middle East, it announced today.

The firm said that 210 mainly building design roles would be affected – 170 in Dubai and 40 in Manila in the Philippines – and that it had begun consultation with the affected staff. ...

AED 100 Million Simulation Academy of Industrial Facilities Launched in UAE

UAE- Al Qudra Launches Dh100m Simulation Academy
Middle East North Africa Financial Network - Amman,Jordan
(ABU DHABI - Al Qudra Holding has launched a Simulation Academy providing accurate and real time simulation of industrial facilities in the UAE and MENA region. ...

United Arab Emirates (Dubai) Signs $16 Billion Infrastructure Deal

Infrastructure: FG Signs $16bn Investment Pact with UAE
THISDAY - Apapa, Lagos, Nigeria
The Federal Government yesterday signed a $16 billion investment bilateral agreement with the United Arab Emirates (Dubai) to improve basic infrastructural facilities in the country.
Attorney-General of the Federation and Minister of Justice, Michael Kaase Aondoakaa (SAN), who signed the bilateral cooperation agreement on behalf of the Federal Government...

Saudi Fund for Development SFD Visits Lebanon's Projects

Saudi Fund for Development Lebanon rebuilding projects
Zawya

Beirut, January 14, SPA -- A technical delegation from the Saudi Fund for Development SFD is currently on a visit to Lebanon to follow up the progres of work at the projects currently being implemented in the sectors of health, education, roads and potable water in Lebanon. ...

Rise in Dubai Job Cuts

Job cuts on the rise in Dubai
GulfNews - Dubai, United Arab Emirates
Dubai: Around 3,200 people, among a workforce of more than a million, have lost jobs in Dubai during the last three months as the impact of the global financial crisis bites deeper into the UAE economy.

WS Atkins, a leading British engineering consultancy firm, have laid off 170 professionals, bringing the total number of redundancies in Dubai to well over 3,200. ...

Abu Dhabi Airport Company (ADAC) to Award US $6.8 Billion Contract to One of Three Firms.

Three firms vie for US $6.8bn Midfield Terminal expansion
Construction Week Online - Dubai, United Arab Emirates
The Abu Dhabi Airport Company (ADAC) will award the US $6.8 billion (AED25 billion) contract for expansion of its Midfield Terminal at Abu Dhabi International Airport to one of three firms.

The contractors that have made the shortlist are France-based Aeroports de Paris, Turkey-based TAV Construction, and Germany-Based Hochtief. ...

Lavish Highlands Lodge Gets Go Ahead

Dubai Ruler Gets Go-ahead for Lavish Highlands Lodge
Buzzle - Costa Mesa, CA, USA
The billionaire ruler of Dubai has been given permission to build a new 16-bedroom holiday home in the Highlands after councilors rejected official advice that the proposed design was an eyesore best suited to a business park. ...

Sonus Networks Inc. To Cut Staff

Sonus cuts jobs, adds board seats
Bizjournals.com - Charlotte, NC, USA
Sonus Networks Inc. announced Tuesday evening a plan to cut its global workforce by 4 percent, or 40 people.

The announcement was made in a regulatory filing with the Securities and Exchange Commission.

U.A.E. To Become the First Arab Nation to Develop Nuclear-power Industry

US to Sign Nuclear Pact With UAE
Wall Street Journal - USA
WASHINGTON -- The Bush administration plans to sign a nuclear-cooperation agreement with the United Arab Emirates on Thursday, according to officials involved in the negotiations, despite concerns in Congress.

26,000 New Jobs in Telecom City - Tunisia

UAE telecom project to create 26000 jobs in Tunisia
magharebia.com - USA
Vision 3, a consortium of Gulf Finance House, Ithmaar Bank and Abu Dhabi Investment House, announced the launch on Tuesday (January 14th), of the 3 billion-dollar Tunis Telecom City (TTC) project. TTC will be a telecom city in Tunis designed to integrate in one location the infrastructural, research and development, educational and support services that will allow telecom and IT sector entities to flourish. ...

AED 1.45 Billion Financing Approved for Zayed University Campus in Abu Dhabi

UAE's ADIB OKs AED1.45B Loan To Al Habtoor JV
Zawya

Abu Dhabi Islamic Bank (ADIB), one of the region's leading Islamic banks, has confirmed a AED1.45 billion financing agreement for a joint venture between contractors Al Habtoor Engineering Enterprises Company LLC and Murray & Roberts Contractors (Abu Dhabi) LLC, to support the development and expansion of Zayed University's campus in Abu Dhabi. ...

Dubai could Overtake Hethrow as an International Business Hub

Dubai could overtake Heathrow as international hub, business leaders warn
Telegraph.co.uk - United Kingdom
With a Government decision on Heathrow's expansion imminent, business and trade union leaders joined forces to plead its case.
"Dubai is a very direct threat to Heathrow," said Lord Soley, the head of the Future Heathrow campaign and former Labour MP.

Work Stops on Nakheel's 1-Km Tower

Nakheel Tower work halted for year
The National - Abu Dhabi,United Arab Emirates
DUBAI // Construction work on the Nakheel Tower – a building that would soar more than 1km high to be the world's tallest when completed – has been stopped for a year. ...

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Kuwait to Boost Oil Production

Kuwait sees output boost from new deposits
GulfNews - Dubai, United Arab Emirates
Kuwait City:  Kuwait aims to boost production of crude oil and natural gas at deposits it is developing as the Gulf country seeks to bring new resources to the market, an official at state-run Kuwait Petroleum said.

ACI Real Estate to Buy Define Properties.

ACI to acquire Define
The National - Abu Dhabi, United Arab Emirates
ACI Real Estate, a German property developer building a number of celebrity-endorsed projects in Dubai, is in talks to buy Define Properties.
Define was established in Dubai in June last year, just months before the global credit crunch started to impact on the emirate's property market. ...

Oval Tower Sale Wednesday 13 Jan 2009

Eye of Dubai organises sales event for D'SECO's Oval Tower in Business Bay
Zawya - United Arab Emirates
Dubai, 13 January 2009: Eye of Dubai has organised a sales event for the Oval Tower in Business Bay, being developed by prominent Korean real estate and property development group, D'SECO. The event will take place on Wednesday 14 January 2009 in the Al Falak Ballroom at the Burj Al Arab from 9am to 6pm.

Work Starts on Baynonah Business Towers and Park Residence

Reef Real Estate Starts Work on Two Projects
Khaleej Times

DUBAI - Reef Real Estate Investment, starts new year on a buoyant note by ground breaking on two of its fabulous projects — Baynonah Business Towers in Jumeirah Village and Park Residence in down town Jebel Ali.

Baynonah Business Towers is being built at a cost of Dh500,000,000 in Jumeirah Village, while the total value of Park Residence is estimated at Dh400,000,000. Both projects will be ready by early 2010. ...

Doha Convension Center Won by Besix JV Midmac

Besix-Midmac JV awarded US $797 Doha Convention Centre
Construction Week Online - Dubai, United Arab Emirates
Emirati-Belgian contractor Besix, in joint venture with Midmac, has won the largest contract to be awarded in the region this year.

Late last Thursday the joint venture picked up the US $797 million (QAR2.9 billion) main construction contract for the Doha Convention Centre. ...

Random UAE TV Audiences Will be Monitored

TV audiences to be measured
The National - Abu Dhabi, United Arab Emirates
Thousands of UAE households will give television advertisers a better idea of how to spend their millions of dirhams a year through electronic monitoring of their viewing habits.

For the first time in the Emirates, randomly selected TV sets will be equipped with a small electronic box that monitors when the set is switched on or off, who is watching and what they are watching. ...

Emaar's Move to Morocco

Emaar's new Address in Morocco
AME Info - United Arab Emirates
A positive start to 2009 is the message being put forward by Emaar's Hospitality Group and their first management contract.

International Tender for Iran's Third Mobile Phone Licence - Etisalat Consortium Won

UAE's Etisalat wins Iran mobile phone licence -ISNA
Reuters - USA
TEHRAN, Jan 12 (Reuters) - A consortium including Emirates Telecommunications (Etisalat) (ETEL.AD) has won an international tender for Iran's third mobile phone licence, Iranian media reported on Monday. ...

The Jordan Tourism Board (JTB) Opens New Office in Dubai

Jordan Tourism Board increases GCC presence by opening Dubai office
AME Info

The Jordan Tourism Board (JTB) has strengthened its commitment and presence in the Middle East with the appointment of a permanent GCC representation office provided by the Mohamed Al Geziry Consultancy based in Dubai. ...

Fortune Group to Finalise Contract for the AED 2.9 Billion Burj Al Alam

Contract for Dubai sky-scraper finalised by month end
The National - Abu Dhabi, United Arab Emirates
Fortune Group, a Dubai-based property developer, is expected to finalise the contract for the Burj Al Alam at the end of this month.
The company said a number of contractors had been shortlisted for the 510-metre high commercial tower – billed as Dubai's second-tallest building – with construction beginning by March. The deal could be worth about Dh2.9 billion (US$789 million). ...
 

Middle East Electricity Exhibition 34th Edition Dubai 2009

Exhibition space at the 34th edition of Middle East Electricity sold out well in advance of the show. Taking place in 4 weeks time, Middle East Electricity 2009 will be the largest showcase of power generation, lighting, water, new & renewable and nuclear energy solutions ever staged in the region. Pre-register online for the 34th edition of Middle East Electricity today to secure free, fast-track access.

In the current economic situation, it is essential that companies ensure they are receiving the best possible rates for the products and services they require. Middle East Electricity provides the most cost effective opportunity for trade professionals to source new products / services and compare prices from over 1,000 suppliers all under one roof.

Click here to pre-register online for 34th edition of Middle East Electricity today to receive:

• Free, fast-track entry to Middle East Electricity 2009.
• A complimentary copy of the Official Show Catalogue.
• Access to over 1,000 exhibitors from more than 55 countries.

Middle East Electricity is the must attend event of the year.

Aldar's New Chief Operating Officer Sami Asad

Aldar Appoints Sami Asad as COO

Zawya

Abu Dhabi - 11 January 2009- Aldar Properties PSJC, Abu Dhabi's leading property development, investment and management company, today announced the appointment of Sami Asad as Chief Operating Officer with immediate effect. ...

Three Facilities Management Appointed By Wasl

Wasl appoints three facilities management service providers
Construction Week Online - Dubai, United Arab Emirates
Wasl, the asset management group owned by Dubai Real Estate Corporation (DREC), has announced the appointment of BK Gulf, Operon Middle East and Imdaad as exclusive facilities management service providers for 778 villas and 32 mixed use buildings at various locations in Dubai, that are part of Wasl's portfolio. ...

SinoGulf Commercial Tower Gets Financial Approval

ADNIF OKs AED334M for SinoGulf Commercial Tower

Zawya
Abu Dhabi, UAE - (ME NewsWire) - Abu Dhabi National Islamic Finance (ADNIF), the Islamic banking division of National Bank of Abu Dhabi (NBAD), recently arranged an AED334 million facility for SinoGulf Investments' commercial tower project in Capital Centre. ...

International Petroleum Investment Buys 70% Stake in German Industrial Giant

Abu Dhabi buys 70% stake in German industrial giant - Energy News
Zawya

Abu Dhabi's state-run International Petroleum Investment Co (IPIC) is paying cash for its 70 percent stake purchase in MAN Ferrostaal AG, Ferrostaal's chairman said on Saturday.

"It is an all-cash deal," Matthias Mitscherlich said, adding that IPIC may acquire the remaining 30 percent by 2010. ...

Dubai Budget in 2009

Dubai sees $1.1 bln '09 budget deficit, first ever
Reuters via Yahoo! 
DUBAI, Jan 10 (Reuters) - Dubai expects to post its first budget deficit in 2009 as major infrastructure projects weigh on the Gulf emirate's budget, a senior policy-maker said on Saturday. ...

Jumeirah Business Centre (JBC) Towers Projects Awards AED 245 Million Contract

Al Fajer Properties Announces Orders for AED 245 Million Worth of of Aluminium and Glass
MarketWatch (press release) - USA
DUBAI, Jan 10, 2009 (BUSINESS WIRE) -- Al Fajer Properties (AFP) today announced orders worth AED 245 million (US$66.8m) for aluminum and glass for its world class Jumeirah Business Centre (JBC) towers projects

 

AFP is the premier developer in the Dubai World DMCC Jumeirah Lakes Towers (JLT) community and is the only developer to include a 5 floor atrium within the lobbies of its towers. JBC, situated within a free-zone, offers high end commercial properties attracting both large local companies and multi-national organizations from around the world. ...

CityCenter Residential Complex Cancelled

Dubai World alters its Las Vegas plans
Zawya
08 January 2009 Las Vegas-based CityCenter Holdings, a joint venture between MGM Mirage and Dubai World Dubai World subsidiary Infinity World, yesterday said it has cancelled the residential component of its CityCenter complex. ...

Dubai Rents Down as Much as 45%

Dubai rents down 17% in last five months, villas down 45%
Business Intelligence Middle East (press release) - United Arab Emirates

UAE. The flood of rent increases Dubai has seen in the last several years is receding, a survey reported by the Xpress newspaper shows.

A comparison of advertisements in early January 2009 against those published in August 2008 reveals an average of a 17% rental drop in eight districts across the Emirate: ...

Qatari Diar Pressing Ahead Residential Plans in West Bank and Gaza

Qatari Diar Projects Unaffected
Zawya

DOHA: Qatari Diar, the local real estate giant, has said it is pressing ahead with plans to build a massive residential complex in the West Bank and plans are also afoot to launch a similar project in Gaza.

UAE the Third Biggest Investor in Egypt

UAE Investments In Egypt Reach $2.9 Billion
Zawya

The UAE's investments in Egypt were worth $2.9 billion (Dh10.65bn) at the end of 2008 and etisalat owned 39.5 per cent of the total, it was revealed yesterday.

Mahmoud Mohieldin, Egypt's Minister of Investment, said the UAE was the third biggest foreign investor in his country. ...

200+ Job Cuts in Abu Dhabi's JV Companies

Aldar Laing O'Rourke to cut 200 jobs
The National - Abu Dhabi, United Arab Emirates
Aldar Laing O'Rourke, a joint venture between Abu Dhabi's largest property developer and a UK construction company, will lay off more than 200 employees in a move to "realign" the company to the changing economic environment

Louvre Abu Dhabi Design Awarded to Nathalie Crinière

Nathalie Crinière Wins Louvre Abu Dhabi Design Competition
Contract Magazine - New York City, New York, USA
Agence France-Museums, in partnership with Abu Dhabi's Tourism Development & Investment Company (TDIC), today announced that the firm of Nathalie Crinière has been selected to create the exhibition design for the Louvre Abu Dhabi, one of the five major institutions being planned for Abu Dhabi's Saadiyat Island Cultural District. Nathalie Crinière was awarded the project through a competition among six invited design firms. ...

132kV Substations at Nakheel's Waterfront Development

Foundation laid for Waterfront substations
XPRESS - Dubai, Dubai, United Arab Emirates

Nakheel accomplished yet another milestone at Waterfront - casting the raft foundations for two of its 132kV substations. A total of 1,700 tonnes of concrete and 170 tonnes of reinforced steel were used to complete the foundations. ...

Borse Dubai to Refinance $2.5 Billion Loan

Borse Dubai May Refinance $2.5 Billion Loan as Credit Eases
Bloomberg - USA
Jan. 8 (Bloomberg) -- Borse Dubai Ltd. may be the emirate's first state-owned company to tap banks to refinance a multibillion-dollar loan since September, a sign interest rates have returned to levels companies are willing to accept.

Borse Dubai, the owner of Nasdaq Dubai, is seeking a $2.5 billion loan this month, according to bankers close to the talks who declined to be identified because the negotiations are private. It needs to replace a one-year syndicated loan taken out last year to pay for the purchase of Swedish exchange OMX AB.

MGM Mirage Casinos May Get Sold

MGM Mirage's CEO to 'Dramatically' Cut Debt, May Sell Casinos
Bloomberg - USA
Jan. 8 (Bloomberg) -- MGM Mirage's new chief executive officer, James Murren, said he plans to "dramatically" reduce debt and will consider further casino sales as he overhauls the company's balance sheet. ...

City Seasons Hotel Launched by Bin Ham Group

Bin Ham Group launches new four-star property
AME Info - United Arab Emirates
Bin Ham group, owners of City Seasons Group of luxury hotels and hotel apartments in the UAE, has launched City Seasons Hotel, Dubai with a fresh approach to extending affordable luxury for business travelers, families and holiday makers. ...

Riyadh Cables and Metals Gets QR 1.296bn Contract

Qatar's Kahramaaa Awards QR1.3Bn Contract
Zawya

DOHA: Qatar general Electricity and Water Corporation (Kahramaa) yesterday awarded a three year call off contract worth QR 1.296bn to Riyadh Cables and Metals for the supply of high voltage power cable supply, the single largest Kahramaa's order for cables so far. Under call off contracts, the supplying company stores materials at its warehouse to be directly delivered to Kahramaa's contractors within two days of the supply order. ...

Warehouse Shortage in Dubai

Demand For Warehouses Outstrips Supply In Dubai
Zawya

The shortage of warehouses continues to plague Dubai despite the liquidity crunch, Emirates Business has learnt. And this shortage, expected to last for another three to four years, will further push prices up.

Five New Oil Fields Discoveries In Saudi Arabia

Five New Oil Fields Found In Saudi Arabia

Zawya

JEDDAH: Saudi Aramco has discovered five new oil fields and three gas fields in the Eastern Province, Petroleum and Mineral Resources Minister Ali Al-Naimi announced yesterday. Four of the five oil fields were found in the mainland while the fifth was in a waterlogged region of the province. ...

Construction Starts on World's Longest Causeway Linking Qatar and Bahrain

World's Longest Causeway To Link Bahrain & Qatar
Zawya

Manama, Bahrain: Shaikh Mohammad Bin Essa Al Khalifa, Chief Executive of Bahrain's Economic Development Board, hailed the start of construction of the "Friendship Causeway", which will link Bahrain and Qatar, as a boost for Bahrain's role as an ideal access point for international companies to develop their business in Gulf economies. ...

Four Million Jobs Will be Created in Yemen and Djibouti

Al Noor Holding plans two cities worth $1trn
Zawya

Development and construction group Al Noor Holding Investment has announced plans to build two cities in Yemen and Djibouti.
Al Noor Cities - meaning the cities of light - will be located on opposite sides of the Red Sea and will be linked by a bridge and rail network. The bridge across the Bab Al Mandeb Strait will connect Asia and Africa. Dubai-based Al Noor, owned by Sheikh Tarek Mohammed bin Laden, plans to raise an initial investment of $200 billion (Dh736bn) and the total investment in the project will reach $1 trillion. The project will create four million jobs and take up to 20 years to complete. ...

Multi-million ‘Sunset’ Mixed-use Development Project Launched in Dubai

Dubai Investment Properties launches luxury 'Sunset' mixed development project
Al-Bawaba - Amman, Jordan
Dubai Investment Properties (DIP), one of the leading real estate developers in UAE, today announced the launch of its exclusive multi-million 'Sunset' mixed-use development project in Dubai. The signature 'Sunset' development will include a high-end luxury shopping mall, boutique offices and lavish residential apartments in the heart of Dubai, along beach road in the upscale Jumeira 3 neighbourhood and stretching out into the waters of the Arabian Gulf. ...

UAE to Participate in POWER-GEN Middle East - Bahrain 17-19 February 2009

UAE to participate in POWER-GEN Middle East
WAM - Emirates News Agency - Abu Dhabi, United Arab Emirates
WAM Abu Dhabi, 4th Jan. 2009 (WAM) -- The UAE will take part in the POWER-GEN Middle East which will take place in Bahrain from February 17-19.
Following a hugely successful event in 2008, POWER-GEN Middle East will see a welcome return to the hospitality of the Kingdom of Bahrain for the region's premier conference and exhibition for the power generation, transmission '&' distribution and water industries, organisers PennWell Corporation said. ...

Hotels in Dubai Cut Rates for DSF

Dubai hotels to cut rates up to 60% for DSF AME Info Hotels in Dubai will offer discounts of up to 60% on room rates in addition to a 25% reduction in food and beverage prices from mid-January until mid-February to mark the Dubai Shopping Festival (DSF), the emirate's Department of Commerce and Tourism Marketing (DTCM) has announced. ...

Emaar Press Releases - from www.emaar.com

Press Releases - Emaar
Emaar

Jeddah, Saudi Arabia; January 1, 2009: Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), hosted the newly appointed US Consul General to Jeddah Mr Martin Quinn and Vice Consul Ms Deborah Kanarek on a tour of the mega-project.

10 Developers Shortlisted for Sudair's US$40 Billion City

Shortlist for Saudi's Sudair City drawn up
The National - Abu Dhabi, United Arab Emirates
Modon, Saudi Arabia's industrial development agency, has shortlisted 10 developers for Sudair City, a massive project that will cost Dh146.9 billion (US$40bn) to build.
It will be the largest development of its type in Saudi Arabia, exceeding Emaar's King Abdullah Economic City. ...

Helios Properties Signed JV Agreement to develop a Network of Distribution Parks Across the Gulf States.

Helios and SinoGulf Form Logistics Joint Venture
Al-Bawaba - Amman, Jordan
Helios Properties, the logistics development company run by Trevor Cartner and Mike Hughes, has signed an agreement with SinoGulf, the Abu Dhabi-based real estate investment company, to develop a network of distribution parks across the Gulf States. ...

Dubai Expands Dockyards

More dockyards for marine vessels along Creek soon
GulfNews - Dubai, United Arab Emirates
Dubai: Marine Agency at Roads and Transport Authority (RTA) has finalised construction of dockyards for marine transportation near the Floating Bridge in a bid to upgrade the level of services rendered to marine mass transit mode users. ...

AWC Facilty Solutions Won a $46.5 Million Contract in UAE

Malaysia's AWC unit wins 171 mln dirham UAE contract
Reuters - USA
KUALA LUMPUR, Jan 2 (Reuters) - A unit of Malaysian firm AWC Facilty Solutions (AWCF.KL) has won a contract worth 171 million UAE dirhams ($46.5 million) for designing, supplying and installing a waste collection system, the company said on Friday. ...

Kuwait's First Center for Environmental Education and Research in GCC

Kuwait eyes establishment of 1st environmental education center in GCC
Zawya

TOKYO, Dec 4 (KUNA) -- A senior Kuwaiti government official said Thursday that Kuwait is considering establishing the Kuwait Center for Environmental Education and Research (KCEER), in what would be the first of its kind institution in the Gulf Cooperation Council (GCC) states. ...

Navayuga Engineering (NEC) Expansion

Navayuga to Expand to Dubai, Oman
Khaleej Times
ABU DHABI - Navayuga Engineering (NEC), one of the leading construction companies headquartered in India, is planning to expand to Dubai and Oman this year, after consolidating its presence in Abu Dhabi. ...

Fortune Group Moving Ahead with World's Tallest Commercial Tower

World's tallest commercial tower set for 2012 completion

UAE. Fortune Group, a leading Dubai-based property developer, is moving ahead with its planned 108-storey Burj Al Alam, the world's tallest commercial tower, being developed in Dubai's Business Bay district. Despite the global economic crisis, the Fortune Group said it would soon announce the construction contract for Burj Al Alam. ...

Shaikh Rashid bin Saeed Crossing Project

UAE: Bridging the Gap to Ensure Smooth Traffic
Zawya - United Arab Emirates
Dubai - February 2008 saw the Roads and Transport Authority (RTA) announcing the Dh3 billion Shaikh Rashid bin Saeed Crossing project.

Said to be the longest arched bridge in the world, this will become the 6^th crossing across the Dubai Creek linking Al Jaddaf at Bur Dubai with the road separating The Lagoons and Dubai Festival City. The project will take four years to complete.?

Golden Opportunity in 2009 for Shrewd Investors in Dubai Properties

2009 presents a golden opportunity for those who are willing to see it
Zawya - United Arab Emirates
Financial headlines did not make comforting reading as we saw off a difficult 2008 and welcomed 2009 with some trepidation as to the fiscal future.

But it is not all doom and gloom by any means, the New Year 2009 should be looked upon as an exciting opportunity by shrewd investors. ...

Highlights of Major Development in Jordan During 2008

Highlights from 2008 Jordan
Jordan Times - Amman, Jordan
... Under a master plan for the sector ordered by the King, envisaged development and investment projects are expected to improve living conditions and create jobs for residents in the Jordan Valley ...

Major Infrastructure Project Highlights in Dubai During 2008

The year that was 2008 - Dubai infrastructure highlights
WAM - Emirates News Agency - Abu Dhabi, United Arab Emirates
Dubai, 1 Jan. 2009 (WAM) - The public spent the year grumbling about the spread of Salik and diversions that led them to unexplored unknown quarters of Dubai and lack of adequate signage. Meanwhile, Roads '&' Transport Authority (RTA) went about fending flak, widening roads and continuing work in progress ...

Property Investment in Makkah and Madinah Continues to Boom

Makkah and Madinah Real Estate Sector Buoyant Amid Global Financial Crisis - Alpha1Estates
PR Web (press release) - Ferndale, WA, USA
Global Islamic real estate consultancy Alpha1Estates International said on January 1 and in the new Islamic new year of 1430 that property investment in the Holy Cities of Makkah and Madinah next year will continue to boom, despite the global financial crisis hitting most real estate markets around the world. ...

30,000 Jobs Cuts Between October to November 2008 Including UAE

Sacking galore: Situation grim on job front
XPRESS - Dubai,Dubai, United Arab Emirates
The global financial crisis means savage job sackings in Dubai continue to cut deeper.
An XPRESS tally, based on unofficial estimates of job losses in Dubai since November 2008, showed thousands of job cuts, including the 3,370 announced by companies as of December 28.

Federal National Council (FNC) Approves the Biggest Federal Budget Draft for 2009

UAE's FNC ratifies $11.5bn draft federal '09 budget
Arabian Business

The UAE''s semi-elected consultative Federal National Council (FNC) has given its approval for the draft 2009 federal budget, the biggest in the country's history, official news agency WAM repoRted on Wednesday. ...

Aabar Investment Bought 3.3 Percent of Italian Atlantia for 250 Million Euros

UAE firm Aabar buys 3.3 pct of Italy's Atlantia
Reuters - USA
ABU DHABI, Dec 31 (Reuters) - Abu Dhabi-listed Aabar Investment AABAR.AD has bought about 3.3 percent of Italian toll-road firm Atlantia (ATL.MI) for 250 million euros ($354.6 million), the Middle Eastern firm said on Wednesday. ...

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UAE's Wareed Provides Better Effective Healthcare

Wareed Unveiled to MOH Personnel and UAE Medical Community
Al-Bawaba - Amman, Jordan
... Wareed is a change towards a better, more efficient, effective, productive and error-free public healthcare sector. Proper education and training is crucial to instil positive change in the mindset of all layers of MOH employees as well as the UAE's healthcare professionals. ...

Samsung C&T Awarded $1.1 Billion Order from UAE

Samsung C&T says wins $1.1 bln order from UAE
Reuters - USA
SEOUL, Dec 31 (Reuters) - South Korean builder Samsung C&T (000830.KS) said on Wednesday that it had secured a 1.38 trillion won ($1.10 billion) construction order from the United Arab Emirates. ...