Noor International Reveals Lebanon's Real Estate Factory

Noor International Launches Real Estate Factory

Zawya

The factory brings together global companies within a network of alliances undertaking the "ABC" of real estate projects.
Beirut- "Noor International Holding" revealed the establishment of a real estate factory for the development of high-standard real estate projects in Lebanon and the region. ...

ADNOC to Award Projects

Adnoc Plans $50 Billion Projects
Gulfnews

Abu Dhabi: The UAE's state-owned Abu Dhabi National Oil Company (Adnoc) plans to award projects worth up to $50 billion (Dh184 billion) in 2009-10, Yousuf Omair Bin Yousuf, Adnoc's chief executive officer, said on Monday.

AED 200 Million Contract for Dubai's “Seasons Community” Project

Ishraqah awards AED 200 million contract for the construction of ...
Al-Bawaba - Amman, Jordan
Ishraqah, a real estate development company, has announced that it has awarded an AED 200 million contract to Bin Shafar Contracting for the construction of the first phase of its "Seasons Community" residential project. ...

 

Aabar to Buy Abu Dhabi Plots on Raha Beach

Aabar to buy $735m Abu Dhabi plots
Trade Arabia - Manama, Bahrain
The 14 plots are in several projects including Al Raha Beach which is being developed by Aldar Properties, Rawdhat Abu Dhabi developed by Reem Developers ...

New Bellagio, MGM Grand, and Skylofts Brands at Dubai Pearl

MGM MIRAGE Hospitality and Pearl Dubai to Develop Bellagio, MGM Grand, and Skylofts Brands at Dubai Pearl
By Five Star Hotels & Resorts
Gamal Aziz, President and Chief Executive Officer of MGM MIRAGE Hospitality, said: We are honored to be part of a significant development located in the heart of new Dubai. Dubai Pearl is a product born out of ... The project's entertainment elements will help complete the vision of making the Dubai Pearl a true landmark that will deliver an unforgettable experience through its diverse components and unmatched services. Located opposite the Palm Jumeirah Island in the ...

UAE's Dana Gas Discovers New Gas in Nile Delta - Egypt

UAE's Dana Gas makes 4th Egypt gas discovery in 2009
Zawya

DUBAI, May 23 (Reuters) - United Arab Emirates-based Dana Gas said on Saturday it had made a find of 30 billion cubic feet of gas in Egypt, its fourth in the North African country this year. ...

$1B Bahrain Health Oasis Project Launched

Trowers & Hamlins advises on $1bn Bahrain Health Oasis
Zawya

Trowers & Hamlins, the international law firm, is pleased to have advised the Royal College of Surgeons in Ireland on the development and financing of a large scale specialist healthcare project in Muharraq, Bahrain. ...

Drake & Scull Dubai Won Contract from IFA Hotels & Resorts

Drake & Scull Wins 226 Million-Dirham Contract in Dubai
Bloomberg

May 19 (Bloomberg) -- Drake & Scull International PJSC, the Dubai-based construction-engineering contractor whose shares started trading in March, won a contract valued at 226 million dirhams ($61.5 million) in Dubai's Palm Jumeirah. ...

Which of DAMAC's Tenders to Look out for

8 tenders to look out for
Construction Week Online - Dubai, United Arab Emirates
This week Damac announced its plans for new projects worth US $544 million (AED2 billion), eight of which will be awarded by the end of this year. Construction Week finds out what they are and when to expect tender documents. ...

Bahrain's Nurana Project Obtains Environmental Approval

Nurana project wins approval
Gulf Daily News - Manama, Bahrain
MANAMA: Bahrain-based Manara Developments, a real estate company established by Al Salam Bank Bahrain and strategic investors from across the GCC, announced that it has obtained the environmental approvals for the development of the Nurana project in the kingdom. ...

 

 

Nurana project obtains environmental approval
AME Info (press release) - United Arab Emirates
Manara Developments, a Bahrain-based real estate development company established by Al Salam Bank Bahrain and strategic investors from across the GCC, announced that it has obtained the requisite environmental approvals for the development of the Nurana project, in the Kingdom of Bahrain. ...

Dubai World Central Opening

Dubai World Central set to open in 2010
GulfNews - Dubai, United Arab Emirates
Dubai: Dubai World Central (DWC) - the 140-square-kilometre aviation and logistics city in Jebel Ali - will open for business in June 2010, the government has reconfirmed. ...

Environmently Friendly Solutions for Airports at Dubai Show

Ninth Airport Show focuses on environment-friendly solutions
AME Info - United Arab Emirates
An array of environment-friendly solutions for airports as well as initiatives to enhance sustainability in airport operations and development will be highlighted at the 9th Airport Show held from 19 to 21 May at the Dubai Airport Expo. ...

Oger Expanding to Oman and Bahrain

Saudi builder Oger has $7.2 billion deals, eyes expansion
Reuters - USA

SWEIMEH, Jordan (Reuters) - Saudi Arabian construction company Saudi Oger said on Saturday it had $7.2 billion in building contracts under execution and planned to expand into Bahrain and Oman to diversify its revenues. ...

New Ground Breaking Architecture of Zaha Hadid

Zaha Hadid defies recession with ground-breaking architecture
Times Online - UK
If Zaha Hadid is worried about world economic collapse putting the kibosh on her career, she's not showing it. She slinks into her fiercely bleached, immaculate penthouse living room all swagger and attitude. ...

Al Mazaya and Shall Consulting Signs Agreement

Al Mazaya signs agreement
GulfNews - Dubai, United Arab Emirates
Kuwait: Al Mazaya Holding has signed an agreement with Al Shall Consulting Company for consultancy services to acquire First Dubai Real Estate. ...

Abu Dhabi Comapnies Invest in Morocco Projects

Abu Dhabi Firms To Invest $2b In Morocco Projects
Zawya
ABU DHABI - Two Abu Dhabi-based companies have agreed to invest a total of almost $2 billion in Morocco, one in a 700-megawatt power plant expansion and the other in a mixed-use real estate project. ...

Studio Daniel Libeskind Wins International Master Plan Competition Award

Studio Daniel Libeskind Wins International Master Plan Competition

Earthtimes (press release) - London,UK
... SDL has won commissions for major cultural buildings and significant urban projects in Germany, Switzerland, Denmark, Dubai, the Netherlands, the United Kingdom, Ireland, Italy, Canada, the United States, Japan, Spain, Israel, Mexico, Korea, Singapore and China. ...

Master Plan for Food City in Dubai

Food City: Dubai's Self-Sufficient Ecotopia
Inhabitat - USA
This past February, the Dubai Chamber of Commerce authorized the development of a "free zone" dubbed Food City. GCLA, a green landscape architect firm, proposed a master plan for the city sector to turn it into an incredible off-the-grid, self-sufficient metropolis. ...

Damac Invites Contractors for Hyde Park Phase II

Phase two Hyde Park tenders out
Construction Week Online - Dubai, United Arab Emirates
Damac Properties has invited contractors to bid for the main construction contract to build 76 villas for the second phase of its New Cairo's project in Egypt.
Hyde Park was launched in December 2007 covering 4.7 million m2. Arabian Company won the grading works contract with work having begun on site. ...

Yas Hotel Unveiled at Abu Dhabi's Yas Island

Aldar launches The Yas Hotel
AME Info - United Arab Emirates
Aldar Properties unveiled The Yas Hotel, a five star signature hotel at the heart of the Yas Marina Circuit, at the Arabian Travel Market event held in Dubai today. ...

Haramain Railway Contract Awarded to a British Firm

SR142M Haramain Railway Contract Goes To British Firm
Zawya

DAMMAM: Foster & Partners has won an SR142 million contract to design four stations for the new high-speed Haramain railway linking the two holy cities of Makkah and Madinah with Jeddah. ...

Dong Energy, E.ON, Masdar To Build Largest Offshore Wind Farm

DONG Energy, E.ON and Masdar give green light to build world's largest offshore wind farm
Zawya

LONDON, 12^th May, 2009 - DONG Energy, E.ON and Masdar, a wholly owned subsidiary of the Mubadala Development Company (Mubadala), have today announced that they will invest €2.2bn in building the first 630MW phase of the London Array offshore wind farm in the Thames Estuary. ...

Qatar's Capital Doha Emerging as a Global Real Estate Hub

Doha is 'rising urban star': US property firm
Zawya

DUBAI, May 12, 2009 (AFP) - Qatar's capital Doha is emerging as a global real estate hub, vying with regional rival Dubai, as the Gulf state plows its gas-driven revenues into urban development, US-based property services firm Jones Lang LaSalle (JLL) said on Tuesday. ...

One Million New Homes in Saudi Arabia

Saudi Arabia Needs One Million New Homes
Zawya

One million new homes will be needed in Saudi Arabia over the next five years as the Kingdom takes the leading regional role in real estate development and investment, say the organisers of Cityscape Saudi Arabia. ...

Gulf Technical Construction Company (GTCC) Wins $109 Million Project in Abu Dhabi

DSI wins first Abu Dhabi contract
Trade Arabia - Manama, Bahrain
Gulf Technical Construction Company (GTCC), the civil contracting subsidiary of Drake & Scull International (DSI), has been awarded a Dh400 million ($109 million) project at Al Reem Island, its first contract in Abu Dhabi. ...

Emaar Properties Create 1600 New Jobs

Morning round-up: Emaar will hire 1,600 for Dubai Mall
The National
Emaar Properties is planning to hire 1,600 new employees for its hospitality and entertainment divisions. These new hires will work in the KidZania, SEGA Republic and 22-screen REEL Cinema at Dubai Mall over the next three months.

Emaar MGF Gets Loan to Complete Games village

Emaar MGF gets Rs 500-cr govt loan to complete Games village
Economic Times - Gurgaon, Haryana, India
Delhi Development Authority (DDA), a government agency which had given out the contract to Emaar MGF to build the games village, will extend the loan. ...

Nakheel's Chris O'Donnell Confirms Receiving Funds

Nakheel Confirms Receiving Funds
Zawya

Nakheel has started receiving funds from Dubai Government, confirmed its Chief Executive Officer (CEO) Chris O'Donnell in an exclusive interview with Emirates Business. However when asked if the figure stood at Dh2 billion, the chief executive said:

Abu Dhabi Contractor Targeting $544.5mn Contract in Qatar

Abu Dhabi contractor eyes $544.5mn Qatar deal, IPO
Gulf Times - Doha, Qatar
Abu Dhabi contractor National Projects & Construction is targeting a 2bn dirham ($544.5mn) contract in Qatar and is hoping to sell shares to the public within two years, its general manager said. ...

Contracts Worth Dh500 Million at Airport Show in Dubai

Dh500m contracts up for grabs at Airport Show in Dubai
GulfNews - Dubai, United Arab Emirates
Dubai: Contracts of Dh500 million will potentially go through at the Airport Show in Dubai next week from the Dh220 billion total worth of airports projects underway in and around the Middle East region.

Project owners from various airport developments will offer contracts on airport building, equipment and services. ...

Double Digit Growth for Abu Dhabi

Abu Dhabi to See Double Digit Growth in 2010, 2011
Khaleej Times - Dubai, United Arab Emirates
DUBAI - Ahmad Abu Ghaida, Acting Director General of Abu Dhabi Economic Planning said that industrial and real estate expansion pursued by the capital may help the emirate record double-digit growth in 2010 and 2011. ...

Dubai Property Ring to Start Construction on Revolving Tower

Construction on rotating tower to begin in weeks
The National - Abu Dhabi, United Arab Emirates
As other major projects across Dubai are scaled back or delayed, Dubai Property Ring says it is planning to start construction on its ambitious Dh700 million (US$190m) revolving tower, which rotates through 360 degrees, in a matter of weeks. ...

Best Western Hotels to Expand from Dubai to Saudi Arabia

Best Western Expands Into Saudi Arabia
Zawya

Best Western hotel chain, which recently began managing its first property in Dubai, said it expects Saudi Arabia to provide huge growth opportunities for its regional expansion. "

For future prospects, we are moving into Saudi Arabia. We are focusing on all the major cities," Best Western International's Asia development manager Varanyou Tipayamontri told Gulf News.

Oman's Bid for Solar Power

Oman's Solar Power Bid Attracts Intl Interest

Zawya
MUSCAT -- Oman's maiden foray into large scale renewable energy development has generated mammoth international interest. A record 50-plus firms have so far signalled their desire to participate in a competitive tender for advisory services linked to the planned establishment of a major solar power plant in the Sultanate. ...

Water Deals Signed In Saudi Arabia Worth SR9 Bn

Water Deals Worth SR9 Bn Signed In Saudi Arabia

Zawya

In a major move to boost water supplies to the Saudi capital and its surrounding areas, Saudi Arabia awarded contracts worth SR9 billion yesterday. The contracts are for implementing water projects that will ensure adequate supplies of water and power to the Central Region. ...

Bubye Conservancy Accepted Dubai World Investment

Chelsy Davy's father receives major Dubai investment in Zimbabwe game reserve stake
Telegraph.co.uk - United Kingdom
Charles Davy, along with the other owners of the Bubye Conservancy in Matabeleland South province, has accepted an investment in the 720,000-acre property by a consortium led by Dubai World, the sovereign investment company of the Arab emirate. ...

Marriott to Manage Emirates’ New Hotel Project in Dubai.

Marriott signs Dubai deal
TTG live - UK
Marriott is to manage Emirates' new hotel project in Dubai.
The management agreement for the 1,614-room JW Marriott Marquis Park Towers was signed by Marriott International president Ed Fuller and Emirates chairman Sheikh Ahmed bin Saeed Al-Maktoum at Arabian Travel Market. ...

Coral Cosmopolitan Hotel in Egypt

Coral Signs First Venture in Cairo
Zawya

Cairo's hotel landscape will soon welcome Coral Cosmopolitan Hotel - the first venture for Coral Hotels & Resorts in Egypt. This was announced at a special signing ceremony held at HMH - Hospitality Management Holdings stand at Arabian Travel Market. ...

Aldar unveils The Yas Hotel

Aldar Properties Launches The Yas Hotel

Zawya

Aldar Properties, Abu Dhabi's leading property development, management and investment company, unveiled The Yas Hotel, a five star signature hotel at the heart of the Yas Marina Circuit, at the Arabian Travel Market event held in Dubai today.

Mubadala's Involvements in Abu Dhabi

Mubadala works on capital expansion
The National - Abu Dhabi, United Arab Emirates
On Just over a year ago, Mubadala Real Estate and Hospitality emerged as a property development force in the capital with major projects on Sowwah Island and Zayed Sports City. Now the group is ready to increase its role in Abu Dhabi, according to an analysis of the company's annual report and a copy of a new bond prospectus obtained by The National. ...

Eight New Hotels in UAE

Abu Dhabi National Hotels to add 8 new hotels, more than 750 hotel rooms across UAE
Zawya

The three luxury hotels are located in some of the capital's most strategic business and tourist areas, including the 'Between the Bridges' district across from the Sheikh Zayed Grand Mosque, in Saadiyat Island and adjacent to the Abu ...

Abu Dhabi Petrochemical Company Awarded Contract to Neste Jacobs

Neste unit wins UAE chemical plant contract
Reuters
DUBAI, May 5 (Reuters) - Abu Dhabi petrochemical company Chemaweyaat has awarded the front-end engineering contract for an intergrated chemical production facility to Neste Jacobs, the state news agency WAM said on Tuesday. ...

Omniyat Properties Invitation for Octavian Project

Omniyat approaches contractors for the Octavian
CN plus - London, UK
Dubai-based developer Omniyat Properties has invited selected contractors to express interest in the main construction contract for the Octavian project at Business Bay. ...

Two New Hotels in Middle East

Ramada to open two hotels in Middle East
AME Info - United Arab Emirates
The five-star, 299-room Ramada Plaza Kuwait City is expected to open in October 2009. The hotel is being developed by Kuwait-based Gulf Real Estate Development House and will be managed by Abu Dhabi-based V. Five Continents Hospitality Group. ...

Two Towers Awarded on Al-Reem Island - Abu Dhabi

CSHK wins $234m Abu Dhabi tower deal
Trade Arabia - Manama, Bahrain

Hong Kong-based contractor CSHK has won an Dh860 million ($234.1 million) contract to build two residential towers on Reem Island in Abu Dhabi.

Construction firms are increasingly turning to Abu Dhabi to drive business in the UAE ...

ADWEA Sells Taqa Water and Power Development

ADWEA And Taqa In Water, Power Deal

Zawya

Abu Dhabi Water and Electricity Authority has agreed to sell a 54 per cent stake in Fujairah's biggest power and water development to its publicly traded investment unit, Abu Dhabi National Energy Company (Taqa), for Dh1.11 billion - roughly 10 per cent of the project's Dh10.28bn construction cost. ...

Real Estate Report on Dubai and Abu Dhabi

Q209 Dubai & Abu Dhabi Real Estate Report
Middle East Events (press release) - Dubai, United Arab Emirates
Today, Landmark Advisory released its free Q209 Dubai & Abu Dhabi Residential Real Estate Report. The independent report analyzes multi-source transaction data and other statistical trends, with a focus on master developers. ...

Damac Properties to Award AED 2B Contract in 2009

Damac Properties to grant $545m contract in 2009
Middle East North Africa Financial Network - Amman, Jordan
(MENAFN) Chairman of Damac Properties announced that the company plans to grant $545 million construction contracts of ten new projects in 2009, ...

Dubai's Damac Says To Award AED2 Bln Contracts In '09 - WAM
Zawya - United Arab Emirates
DUBAI (Zawya Dow Jones)--Dubai-based real-estate developer Damac Properties said it will award 2 billion UAE dirhams ($544.5 million) worth of contracts ...

Damac to award Dhs2bn construction deals
AME Info - United Arab Emirates
Damac Properties has said that it plans to award construction contracts worth Dhs2bn in 2009, aiming to deliver an additional 7100 units by the end of 2010. ...

Mott MacDonald Master Planer for Abu Dhabi 2030

Mott MacDonald helps launch 'The Surface Transport Master Plan 2030' for Abu Dhabi
AME Info (press release) - United Arab Emirates
The STMP 2030 will see a comprehensive public transport network of rail, tram, metro, ferry and bus systems connect Abu Dhabi Island and Abu Dhabi International Airport with the UAE's planned new capital city, with high quality services linking the whole Emirate.

Accor's Third IBIS Hotel in Dubai

Accor launches third ibis in Dubai
Hotelier Middle East - Dubai, Dubai, United Arab Emirates
The 480-room ibis Al Barsha is already a hit with visitors to Dubai as it caters to those with limited budgets, according to the hotel manager.

Located in Barsha, the hotel is the third ibis opened by Accor in the emirate and is part of the brand's overall startegy of offering hotel clusters in prime locations. ...

First Pullman Hotel in Dubai and Middle East

Pullman Hotels to launch in Dubai
GulfNews - Dubai, United Arab Emirates

Dubai: The upscale Pullman Hotels & Resorts brand is set to make its debut in Dubai in a partnership between Accor Hospitality Middle East and Majid Al Futtaim Properties, a unit of the Majid Al Futtaim Group.

The Middle East's first Pullman hotel will be located at the Mall of the Emirates, comprising 481 rooms, including 94 suites and is set to be completed by the second half of 2010.

Cedar Tree Island

Plan to build fake island makes waves in Lebanon
Jamaica Observer - Kingston, Jamaica
BEIRUT, Lebanon - Mohammed Saleh is convinced: If he builds it, Lebanese expatriates will come.
The Beirut-based developer envisions a 3.3-square-kilometre (1.27-square-mile), artificial island shaped like a cedar tree as a major attraction off Lebanon's coast. ...