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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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Tuesday, February 17, 2009

Weekly News Round-up from Cityscape Intelligence



   
 
 
Middle-East-and-North-Africa

 

GCC economies to grow

Countries in the Gulf Cooperational Council (GCC) region are expecting to see growth in their econom... Read more breaking news: GCC economies to grow >>
Source: Adfero

Property sector in Dubai 'will survive'

Real estate and construction markets in the United Arab Emirates (UAE) will stay steady during the g... Read more about breaking news: property sector in dubai will survive >>
Source: Adfero

Transactions worth Dh11.3b in 45 days

Dubai: Dubai's Land Department recorded Dh11.3 billion in land transactions in 45 days this year, an... Read more by Subscribing to Cityscape Intelligence >>
Source: Gulf News

Emaar shares fall on losses, project halts

Emaar Properties PJSC dropped as much as 6.5 percent yesterday after the Dubai-based developer repor... Read more by Subscribing to Cityscape Intelligence >>
Source: Turkish Daily News

Buildings adopt environmentally-friendly features

Phase-III of Dubai International Academic City (DIAC) has moved a step closer to receiving its Leade... Read more about: breaking news: buildings adopt environmentally friendly features >>
Source: Adfero

Developer to review Saudi project

Majid Al Futtaim, a real estate developer based in Dubai, is to review its property portfolio for Sa... Read more about breaking news: developer to review saudi project >>
Source: Adfero

GIH reaches agreement with JFH

Kuwait's Global Investment House has reached an agreement with the Jordan Housing Bank for Trade and... Read more breaking news: GIH reaches agreement with JFK >>
Source: Adfero

Investcorp to raise new capital

Investcorp, a Bahrain-based real estate company, has announced plans to raise $250 million in new ca... Read more breaking news: investcorp to raise new capital >>
Source: Adfero

Amlak Finance proposes reduction of capital

Jordan-based Amlak Finance is considering reducing its amount of capital after a recommendation from... Read more breaking news: amlak finance proposes reduction of capital >>
Source: Adfero

Accurate research essential to Middle East property markets

Accurate research in the property sector is becoming increasingly important during the global downt... Read more about accurate research essential to middle east property markets >>
Source: Cityscape Intelligence

Advanced construction village on Saadiyat Island nears completion

One of the most advanced housing facilities for construction workers in the Middle East is soon to b...To Read Subscribe to Cityscape Intelligence >>
Source: AME Info - ME Company Newswire

Emaar Misr launches new project

Property developer Emaar Misr has announced the launch of the EGP 5.75 billion ($1 billion) Mivida c... Read more breaking news: emaar misr launches new project >>
Source: Adfero

Work on mile-high tower in Saudi Arabia postponed

Losses incurred during the final quarter of 2008 mean plans to build a mile-high tower in Saudi Arab... Read more breaking news: work on mile high tower in saudi arabia postponed >>
Source: Adfero

Jordan Times: Gov't Mulls Plan To Facilitate Housing Loans

Material in the World News Connection is generally copyrighted by the source cited. Permission for u... To read more Subscribe to Cityscape Intelligence >>
Source: World News Connection

New project launched at the Pearl Qatar

Perlita Gardens has been launched at the Pearl Qatar community by the Land Real Estate & Development... Read more breaking news: new project launched at the pearl qatar >>
Source: Adfero

Oman displays 'economic sense' in financial crisis

A new report has described Oman as having displayed the best financial management and economic sense... Read more breaking news: oman displays economic sense in financial crisis >>
Source: Adfero

New investment fund launched in the Gulf

The London-based Geni Capital and the Arabian Real Estate Investment Trust management firm are setti... Read more breaking news: new investment fund launched in the gulf >>
Source: Adfero

South-Asia

 

Boost infra spend to jump-start economy

AM Naik, chairman and MD of Larsen & Toubro, India's largest engineering and construction company,... Read more by Subscribing to Cityscape Intelligence >>
Source: The Economic Times (India)

Property prices 'need to drop further'

Property prices in the Indian real estate market need to drop more if the market is to pick up, one ... Read more breaking news: property prices need to drop further >>
Source: Adfero

Emerging markets still set to outstrip the West

CHINA, India, Brazil and Russia each boast a resilient domestic consumer base and strong intra-regional demand. That's why some have argued the big emerging markets will remain untouched by the global... Read more by Subscribing to Cityscape Intelligence >>
Source: The Sunday Telegraph

Panel to monitor WB-funded road projects

The government has decided to set up an expert panel to monitor World Bank-funded road sector proj... Read more by Subscribing to Cityscape Intelligence >>
Source: The Economic Times (India)

Tata Steel expects sales to grow

The Indian-based producer of building materials Tata Steel has announced it expects to see higher sa.. Read more breaking news: tata steel expects sales to grow >>
Source: Adfero

Parsvnath Developers under financial pressure

Parsvnath, an Indian real estate developer, is currently under financial pressure, a situation which... Read more breaking news: parsvnath developers under financial pressure >>
Source: Adfero

Amrapali Group enters joint venture in India

The Amrapali Group is to work with the Intercontinental Hotel Group (IHG) to develop a seven-star ho... Read more breaking news: amrapali group enters joint venture in india >>
Source: Adfero

India to invest $500bn in infrastructure

India's infrastructure is expected to receive up to $500 billion worth of investment during the cour... Read more breaking news: india to invest 500bn in infrastructure >>
Source: Adfero

East-Asia-and-Pacific

 

MGPA to invest in Malaysia

Real estate investment firm MGPA is to use its Asia Fund III (AF III) to expand its portfolio in Mal... Read more breaking news: MPGA to invest in malaysia >>
Source: Adfero

FDI in China drops

The amount of foreign direct investment (FDI) headed into China has dropped for the fourth consecuti... Read more breaking news: FDI in china drops >>
Source: Adfero

Vietnam Giant Construction Firm to List on National Exchange

Binh Chanh Construction and Investment Shareholding ... Read more by Subscribing to Cityscape Intelligence >>
Source: Vietnam News Briefs

LaSalle property fund announces new president

A new president has been appointed to head LaSalle Investment Management's Asian property fund. The... Read more breaking news: lasalle property fund announces new president >>
Source: Adfero

Morgan Stanley real estate executive investigated

Investment firm Morgan Stanley is alleged to have suspended Garth Peterson, a real estate executive ... Read More breaking news: morgan stanley real estate executive investigated >>
Source: Adfero

GOVERNMENT URGED TO HELP LOCAL CONSTRUCTION INDUSTRY

The government ha... Read more by Subscribing to Cityscape Intelligence >>
Source: Bernama The Malaysian National News Agency

Steel firms to work together

A number of steel manufacturing companies based on mainland China and in Taiwan have announced they ... Read more breaking news: steel firms to work together >>
Source: Adfero

South Korean consumers return to real estate

South Korea has seen a rise in demand for property from consumers as increasing numbers are consider... Read more breaking news: south korean consumers return to real estate >>
Source: Adfero

Malaysian firm delays Chinese project

Due to the global economic downturn, Malaysian property firm IGB has delayed plans to expand its hot... Read more breaking news: malaysian firm delays chinese project >>
Source: Adfero

MGPA INVESTS RM2 BILLION IN REAL ESTATE

Bermuda-based rea... Read more by Subscribing to Cityscape Intelligence >>
Source: Bernama The Malaysian National News Agency

AL-'AQAR KPJ REIT MIDDLE EAST MART

KPJ Healthcare Bh... Read more by Subscribing to Cityscape Intelligence >>
Source: Bernama The Malaysian National News Agency

Plans to re-energise Chinese real estate subject to government

Plans to provide the property market in China with new stimulus have been sent to the Chinese govern... breaking news: plans to re-energise chinese real estate subject to government >>
Source: Adfero

Hang Lung to invest in real estate on mainland China

Hang Lung, a Hong Kong-based real estate company, is planning to invest $1.7 billion in real estate ... Read More about breaking news hang lung to invest in real estate on mainland china >>
Source: Adfero

Malaysian construction firms seeking opportunities

Increasing numbers of construction companies from Malaysia are looking for business opportunities in west Asia... Read more about breaking news malaysian construction firms seeking opportunities >>
Source: Adfero
 
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Sheffield Corporate Towers - Dubai - Construction Starts in March

Dubai property developer Sheffield Real Estate has said it is planning to start work on a commercial tower in the emirate by the end of next month.
The 300m Dirham (£57m) Corporate Towers in Jumeirah Lake Towers will run across 45 floors and have a total floor space of 1.1 million ft2. ...

Cityscape Abu Dhabi 19-24 April 2009

Cityscape Abu Dhabi to be launched next April
WAM - Emirates News Agency - Abu Dhabi, United Arab Emirates
... In a press statement on Abu Dhabi's hosting the 3rd edition of Cityscape Abu Dhabi, scheduled between 19 and 22 April, Marwaha said Abu Dhabi's cultural project is centered on the development of Saadiyat Island which will host the first satellite Louvre museum outside Paris and the biggest Guggenheim Museum. ...

Dubai: Different Office Lunch Break for Hult International Business School

In Dubai even lunch breaks are different!
BigNews.biz (press release) - Natick, MA, USA
DUBAI // Office workers from Hult International Business School queued up at Jumeirah Beach Residence yesterday to take a 45-metre bungee jump on what proved to be an office lunch break with a difference.
"We wanted to take a break from the traditional working lunch and liven up the office," ...

World's Largest Chemical Complex - Abu Dhabi

WAM: President His Highness Sheikh Khalifa bin Zayed Al Nahyan, in his capacity as the Ruler of Abu Dhabi, has issued a law setting up the Abu Dhabi National Chemicals Company, as a joint venture in which the International Petroleum Investment Company (IPIC) and Abu Dhabi Investment Council (ADIC) will have shares of 40 percent each and Abu Dhabi National Oil Company (ADNOC)  will hold the remaining 20 percent stake, it was disclosed today. ...

Limitless Ivites Bidders for Jebel Ali People Mover

Dubai, 16 February 2009: Limitless has invited bids for the design and construction of its Downtown Jebel Ali people mover, with the contract due to be awarded by mid-2009, the company disclosed today (Monday). ...

2. Starting a Home Based Business - Business Plan

Times Online
Starting a business from home: Part 2 - Writing a business plan
Times Online - UK
Once you've come up with a big idea, it's time to write it down in the form of a business plan, which is a far easier task than you might imagine.
Think of your business plan as a routemap to guide you from start-up to growth, that helps you achieve milestones along the way. It doesn't need to be lengthy (5-10 pages is ideal) but it should include some key headings and content. ...

Egypt's 2nd New Gas Field Discovery

GulfNews - Dubai, United Arab Emirates
CAIRO: United Arab Emirates-based Dana Gas PJSC says it has made its second gas discovery this year in Egypt.
The Middle East's first and largest private sector natural gas company said in a statement Monday the West Manzala-2 discovery encountered roughly 20 billion cubic feet of dry gas in Dana's Nile Delta region concession. ...