Better Homes Hosts Open Day in Abu Dhabi

Better Homes Abu Dhabi hosts open day to reveal real estate opportunities in the capital
AME Info - United Arab Emirates
To take advantage of today's reduced and competitive prices in the Abu Dhabi real estate market, Better Homes' Abu Dhabi office will host an Open Day event, bringing together clients to negotiate the best deals on offer in response to recent market changes. ...

World's Largest Travel Trade Exhibitions ITB Berlin 11-15 March 2009

Abu Dhabi travels to ITB Berlin, one of largest trade shows in world
AME Info - United Arab Emirates
... 23 exhibitors will promote the destination and their businesses across 452 square metres of exhibition space at ITB Berlin - a 25% increase on last year's Abu Dhabi presence. Hoteliers, developers and tourism operators will demonstrate Abu Dhabi's long-term commitment to evolving into an up-market, business-orientated destination. ...

Aquila Properties Under Fine and Country Network in UAE

Dubai's Aquila Properties joins the Fine and Country network
AME Info - United Arab Emirates
Fine and Country, one of the world's largest prestige property networks, announced the addition of Dubai-based Aquila Properties LLC as a licensee to its network. ...

US-based Property Firm to Acquire “UAE Distressed Projects”

Tate Capital to buy 'distressed assets' in UAE
The National - Abu Dhabi, United Arab Emirates
Tate Capital Real Estate Solutions, a US-based property firm, is looking to acquire "distressed assets" in the UAE .
The company has begun a two-month study to identify the opportunities for taking over projects that will provide a long-term revenue stream. ...

Al-Reem Island on Abu Dhabi's $208Bn Top 10 Projects for the Future

Top 10 Abu Dhabi projects worth $208bn - research
ArabianBusiness.com - Dubai, Umm al Qaiwain, United Arab Emirates
The 10 biggest development projects underway to transform Abu Dhabi are worth more than $200 billion, new research revealed on Monday.

Details of the top 10 projects from new cities and island resorts to new communities and a light rail system were revealed by the organisers of Cityscape Abu Dhabi, which takes place from April 19-22 at the Abu Dhabi National Exhibition Centre. ...

Dubai International Advertising Festival and Lynx Advertising Awards set for Dubai International Convention and Exhibition Centre

DICEC Is New Festival Venue For Dubai Lynx
TAXI Design Network - New York, NY, USA
The organisers of the Dubai International Advertising Festival and the Dubai Lynx Advertising Awards have announced that both events will now take place at the Dubai International Convention and Exhibition Centre (DICEC).
It had been previously anticipated that both events could take place at the new Palladium venue in Dubai Media City with the Gala Awards being held at the DICEC. ...

New Residential Units to Enter Dubai Realty Market

90000 housing units to enter market
GulfNews - Dubai, United Arab Emirates

Dubai: New units are set to enter the Dubai realty market over the next two years, despite the global financial downturn.

However, this figure is likely to drop due to declining demand, tight liquidity and strict financing options. ...

Harsco Metals Group Expands into United Arab Emirates with $35 Million Contract

Harsco Enters UAE Metal Services Sector With New $35 Million Contract
MarketWatch (press release) - USA
HARRISBURG, Pa., Mar 9, 2009 (GlobeNewswire via COMTEX) -- Worldwide industrial services company Harsco Corporation (HSC) announced today that its Harsco Metals group is expanding into the United Arab Emirates under a new ten-year contract valued in excess of $35 million over its term. ...

Istithmar World Capital to Sell More Assets

Istithmar Set To Launch Fresh Asset Sales
Zaywa

Istithmar World Capital is looking to sell more assets after offloading some stakes in recent months as the Dubai investment company returns cash to its parent, one of the more indebted wings of the government.

The five-year-old company will seek to harvest profits on long-held companies in spite of the depressed global market for assets, but it will not resort to fire sales, said David Jackson, chief executive. ...

Al-Waha Abu Dhabi To Invest $20B

Al Waha To Invest $20B In Diversification Plans
Zawya

Abu Dhabi-based Al Waha Capital aims to invest more than $20 billion (Dh73.4bn) over the next three years in diversification and growth but has no plans to alter foreigners' share in the company. ...

SR2 Billion Under Evaluation of Façade and Elevators Packages of Lamar Project in Saudi Arabia

Five Firms Vie For Lamar's Saudi Contract
Zawya

Cayan's Chief Development Officer Ahmad Kasem said the developer is evaluating tenders for the façade and elevators packages of its SR2 billion (Dh1.96bn) Lamar project in Saudi Arabia.

RMJM is the main architect, Turner the project manager and Saudi Diyar Consultants is the local consultant, he told Emirates Business. Drake & Scull was awarded the MEP contract, he added. ...

Strong Confidence in Abu Dhabi Real Estate Market

Confidence in Abu Dhabi property market
UAE Daily News - Orleans, Ontario, Canada
Leading real estate and development experts today (Wednesday 4 March 2009) expressed strong confidence in the continued growth of the Abu Dhabi property sector based on stable and genuine market demand rather than speculation. ...

Pinnacle Targets Nigerian Real Estate

Pinnacle Targets N30bn Real Estate Investment in Nigeria
THISDAY - Apapa, Lagos, Nigeria
Despite the global financial slowdown, the Nigeria real estate sector is still attractive to foreign investors with Pinnacle Point Group Limited, the largest golf and leisure estate developer in South Africa and on the African continent, expressing its readiness to inject about N30billion for the development of a world class golf estate in Badagry, Lagos State. ...