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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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Tuesday, February 24, 2009

Top Property Markets for Investors in 2009 - Dubai, Egypt and Tunisia

Dubai still delivering
Construction Week Online - Dubai, United Arab Emirates
Dubai, Egypt and Tunisia are the top property markets for investors in 2009, according to research by an international real estate company.
In spite of the economy, Dubai remains at top spot within the UAE, although there is increasing interest in Abu Dhabi, Ras Al Khaimah and Ajman, according to Marr International. ...

Abu Dhabi's Zero-CO2 Green Metropolis City

A Zero-Emissions City in the Desert
MIT Technology Review - Cambridge, MA, USA
Oil-rich Abu Dhabi is building a green metropolis. Should the rest of the world care?
The construction is the start of a vast experiment, an attempt to create the world's first car-free, zero-carbon-dioxide-emissions, zero-waste city. Due to be completed in 2016, the city is the centerpiece of the Masdar Initiative, a $15 billion investment by the government of Abu Dhabi, which is part of the United Arab Emirates. ...

Rixos Hotel at Palm Jumeirah Dubai

Ottoman Palace to bring Turkish flavour to Dubai
AME Info - United Arab Emirates
"Rixos Hotels aims to bring the spirit of traditional Turkish hospitality to the Middle East with the launch of its first hotel in the region - The Ottoman Palace - to be located on the Palm Jumeirah in Dubai.
...

Report on Qatar Infrastructure Quarter-1 of 2009

Qatar Infrastructure Report Q1 2009 - companiesandmarkets.com adds new report
PR-Inside.com (Pressemitteilung) - Wien, Austria
Qatar's infrastructure has benefitted from the emirate's oil and gas resources. It is one of the top three gas producers in the world and therefore gas windfalls have left the country with money to re-invest into infrastructure development and construction projects in general. For BMI's Q109 Qatar Infrastructure Report we are forecasting Qatar's construction industry to grow by 17.57% y-o-y in 2009. ...

UAE Armed Forces Signed US$ 817 Million Defense Deals at Abu Dhabi Show

The United Arab Emirates' armed forces have signed over 3 billion dirhams ($817 million) in defense deals at an arms and defense show in Abu Dhabi, the country's official news agency reported Monday.
Most of the deals were with local companies, WAM said. ...

MGM Mirage and Dubai World Talks for $1.2 Billion Loan

MGM, Dubai World Said in Talks With Deutsche Bank on CityCenter
Bloomberg - USA
Feb. 23 (Bloomberg) -- MGM Mirage and Dubai World are in talks with Deutsche Bank AG for the $1.2 billion loan they need to complete their CityCenter project on the Las Vegas Strip, according to three people with knowledge of the discussions. ...