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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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Friday, February 13, 2009

Nakheel's Palm Monorail Contract Awarded

Nakheel and SMRTE ink Palm monorail contract
SteelGuru - Gurgaon, Haryana, India
Trade Arabia reported that Nakheel and SMRT Engineering Pte Limited have signed a contract for the operation of the Palm Monorail. The contract will see SMRTE take responsibility for the day to day running of the service including ticketing, on going maintenance, and operation of the monorail's stations.

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