Rs10 Billion New Project Awarded in Dubai

Essar Projects Limited bags Rs10 Billion ONGC Contract
Khaleej Times

DUBAI - Essar Projects Limited (EPL), through its subsidiary Essar Offshore Subsea Limited (EOSSL), has bagged the ONGC's Neelam Heera Reconstruction Contract, the value of which is in excess of Rs10 billion and will be completed by May 2011. ...

Cityscape Intelligence Weekly Round-up Briefs

In this time of global uncertainty, obtaining timely, accurate and impartial information that helps you make key business decisions - all at a cost effective rate - is critical. Cityscape Intelligence aim is to do precisely that! We provide exclusive market opinions from the professionals, asset class pricing, FDI trends, and extensive news coverage plus much more, on 18 emerging market countries for only US$2,495 per user per year! If you aren't already enjoying the benefits of subscribing to Cityscape Intelligence sign up today!

 

Al Mazaya begin handover of real estate units

Owners of real estate at the Icon 1 and Icon 2 developments have begun to receive property from deve... Read more >>
Source: Adfero

Cityscape remain positive about GCC real estate

The Cityscape event organisers are remaining upbeat about the property market in the Gulf Cooperatio... Read more >>
Source: Adfero

UAE civil projects worth $698 billion ongoing

Proleads investigation identifies development projects and cash flow in decline but forecasts a... Read more >>
Source: Cityscape Intelligence

Rakbank bucks trend with 58% profit rise

Rakbank on Monday reported 58 per cent growth in its net profit to Dh635.98 million last year... Read more >>
Source: Gulf News

GCC to invest $70b in energy projects

The Gulf Cooperation Council (GCC) countries are expected to spend close to $70 billion i... Read more >>
Source: Gulf News

Over 111,000 residential units to be delivered in Dubai and Abu Dhabi by 2011

Over 111,000 residential units are expected to be delivered within Dubai and Abu Dhabi, with approxi... Read more >>
Source: MENA report.com

Additional capital to be provided in Abu Dhabi

The government in Abu Dhabi has announced it is to roll out an initiative which will see financial i... Read more >>
Source: Adfero

Investment in Egypt is picking up

Investors looking for opportunities are increasingly turning towards Egypt. Egypt is increasingly b... Read more >>
Source: Adfero

Rents to drop during the summer

Rental costs are expected to drop in Qatar's capital city over the course of the summer when the sup... Read more >>
Source: Adfero

Joint venture set up to build resort in Morocco

Vision3 is a joint venture set up to build a health resort in the city of Essaouira on the coast of ... Read more >>
Source: Adfero

Feedback on Qatar's National Development Strategy prepared

The General Secretariat for Development Planning (GSDP) is looking to engage stakeholders in feedbac... Read more >>
Source: Adfero

Deal signed to build energy city in Saudi Arabia

The Saudi Industrial Property Authority (Modon) is to work with the Dubai-based Oil Fields Processin... Read more >>
Source: Adfero

 

'Indian real estate to continue to feel pressure'

Indian real estate is to continue to feel the financial strain in the wake of the global credit cris... Read more >>
Source: Adfero

How a real-estate firm tries to buck the slump

The slump in the Indian real-estate industry has forced one of the country's largest real-estate dev... Read more >>
Source: Indian Express

Indian construction workers to be relocated

Up to 20,000 Indians are leaving Dubai during March as the number of projects being undertaken by co... Read more >>
Source: Adfero

We must demystify cities, says US prof

In densely populated Mumbai, where more than half its residents live in shanties, is constru... Read more >>
Source: The Times of India

Green Energy trust to spur renewable investments in India

GE Energy Financial Services and EPURON Pt... Read more >>
Source: Business Line

Development is turning Hyderabad into a 'bio-tech city'

India's Hyderabad is being turned into a bio-tech city by the increasing amount of development being... Read more >>
Source: Adfero

Nagarunja Construction to sell bonds

The Nagarunja Construction firm, a company based in India, has announced it is to sell a bonds issue... Read more >>
Source: Adfero

'Indian construction needs to be more sustainable'

The construction sector in India needs to adopt more sustainable building techniques, one real estat... Read more >>
Source: Adfero

Ansal Properties to invest in affordable housing

Indian real estate firm Ansal Properties has announced it is to invest Rs500 crore ($10.2 million) i... Read more >>
Source: Adfero

Government to take action against illegal property buyers

The government in India has announced it is to take action against foreign investors who are buying ... Read more >>
Source: Adfero

INVESTMENT WORLD: Malls morph into offices

As major retailers slam brakes on heady expansion plans opting... Read more >>
Source: Business Line

 

China's Bio-fuel Industry to Maintain Moderate Growth, Says Frost & Sullivan

Taking a look back at China's Bio-fuel Industry in 2008 and its market outlook for 2009 ~ SINGAPO... Read more >>
Source: PR Newswire

Malaysia attracted record FDI in 2008, not bullish about 2009+

Malaysia's foreign direct investment in the manufacturing sector ros...  Read more >>
Source: Japan Economic Newswire

Malaysian project worked on by Kohn Pederson Fox

US architecture company Kohn Pederson Fox (KPF) has announced details of the first real estate proje... Read more >>
Source: Adfero

'China's property environment to pick up during 2009'

The health of the real estate market in China is expected to pick up in 2009 after it bottoms out, o... Read more >>
Source: Adfero

Construction Permits Shrink in 2008

Construction permits in South Korea plunged nearly 20 percent in terms of floor space last year due ... Read more >>
Source: Korea Times

Steel complexes among biggest FDI projects in Vietnam

The launch of two steel producing plants was among the largest projects from foreign direct investor... Read more >>
Source: Adfero

South Korea government to help firms with debt

South Korea's government has announced it is to help ailing companies by introducing a debt workout ... Read more >>
Source: Adfero

'Hap Seng to look for real estate bargains'

Hap Seng, a Malaysian property speculator, is to look for investment opportunities in the Malaysian ... Read more >>
Source: Adfero

China's January inflation down to 1 percent

China's inflation fell to just 1 percent in January, giving Beijing more leeway to carry out... Read more >>
Source: Associated Press Alert

Angelo, Gordon & Co property fund seeks $1bn

Up to $1 billion worth of investment is being sought by the Angelo, Gordon & Co property fund II. A... Read more >>
Source: Adfero

Joint venture to develop Baqiao project announced

A new joint venture to work on the Baqiao project in China has been established. China Housing has ... Read more >>
Source: Adfero

 

To ensure that you have full access to Cityscape Intelligence, the essential online business tool for real estate professionals and investors; providing daily news, features, interviews, research, data, stats and trends plus much more on business to business real estate within the emerging markets, click here to subscribe to Cityscape Intelligence.