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. ...