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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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Thursday, January 1, 2009

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

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. ...