How Real Estate Companies can Survive Economic Market Slump

On-Site Talk: Diversification is the key to success
Construction Week Online - Dubai, United Arab Emirates
David Oayda, general manager of Qatar-based project management team Asteco, tells us how companies can survive the economic slump in the real estate market., Like Charles Darwin said, 'adapt, migrate or die'. This is an important fact for modern businesses to understand, along with the cyclical nature of markets, in order to plan the use of resources and expertise accordingly. ...

Ahmad Bin Byat Appointed as CEO of Dubai Holding

Dubai Holding appoints new CEO
ArabianBusiness.com - Dubai, Umm al Qaiwain, United Arab Emirates
Dubai Holding on Saturday said Ahmad Bin Byat had been appointed as its new CEO, adding he would play a key role in the company's recently announced consolidation.

Mohammad AlGergawi, chairman of Dubai Holding, announced the appointment of Byat, who was previously chairman of TECOM Investments, also a member of Dubai Holding. ...

 

ATIC Abu Dhabi to Create 1,400 New Jobs and 5,000 Indirect Jobs in USA

Billion dollar deal
Zawya

AMD, which is handing over its manufacturing activities to the new company, and Advanced Technology Investment Co. (ATIC) of Abu Dhabi said in a statement that the $4.2-billion facility would be located in Saratoga, New York. They said the plant, Fab 2, "is expected to create approximately 1,400 new direct jobs and more than 5,000 indirect jobs in the region. ...

Nevada Gaming Board Approved $775 Million for MGM-Mirage CityCenter JV Dubai World

Vegas Strip suffering casino slump
MSNBC - USA
... It won't be enough, but MGM-Mirage is about to get a bundle of cash - $775 million is on its way from the sale of the Treasure Island Hotel - a deal that was approved by the Nevada Gaming Board Wednesday ...

Hamptons International Expansion Plans in India

Indian real estate market to see expansion by UAE-based giant
Off Plan Property Exchange - Derby, England, UK
One of the biggest names in world real estate is to expand its interests in India and plans to market its homes projects on a "pan-India basis".

Hamptons International, a subsidiary of Dubai-based giant Emaar Properties, has already made a mark in the Delhi and Mumbai real estate markets. ...

How Organizations Insure Survival During Duabi Downturn

The show must go on in Dubai amid downturn! | eturbonews.com
Hospitality Net

Firms that continue to promote themselves through targeted trade exhibitions will survive difficult times and may even prosper at the expense of their competitors, according to leading event industry organizers representing some of the Middle East's biggest trade shows. ...

Abu Dhabi Goal for a Global Super-yacht Centre

Abu Dhabi raises awareness of its potential as super-yacht hub
GulfNews - Dubai, United Arab Emirates
Abu Dhabi is looking to become recognised as a global super-yacht centre on a par with those already established in the Mediterranean and the Caribbean, Mubarak Hamad Al Muhairi, Director General of the Abu Dhabi Tourism Authority (ADTA) told Gulf News in an interview ahead of the Abu Dhabi Yacht Show 2009.

The show is set be hosted by the UAE capital between March 12 and 14. ...