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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). ...