Three Pivotal Master Plans for Abu Dhabi Approved

Three Urban Planning Projects for Abu Dhabi Approved
Khaleej Times - Dubai, United Arab Emirates
Abu DHABI - Three pivotal master plans for the emirate of Abu Dhabi have been approved, Abu Dhabi Urban Planning Council (ADUPC) said. The plans, the Capital District Concept Plan, Khalifa B Master Plan and Shahama and Bahia Revitalisation Plan, will be unveiled at the 2009 edition of Cityscape Abu Dhabi. ...

Work on Abu Dhabi's 2nd Downtown to Start

'Second Downtown' Closer To Reality In Abu Dhabi
Zawya

ABU DHABI - Work on the capital's "second downtown" will start in a year's time, it was announced yesterday, following a stamp of approval by the Executive Council.

The Capital District will be built 7km inland from Abu Dhabi island and eventually be called home by some 370,000 people. It will also house all embassies and federal government institutions. ...

International Investment Bank (IIB) Targets 1/2 Billion Saudi Housing Project

IIB Eyes $500M Saudi Housing Project
Zawya

MANAMA: Saudi Arabia, with a shortage of 100 million housing units and a monthly demand of 150,000 and 200,000 units, is seen as the most promising realty sector market in the region, a top banker at International Investment Bank (IIB) said. IIB will participate in one of the major housing projects in Saudi Arabia this year and the expected total size of the project will be $500 million," said Aabed Al-Zeera, board member and Chief Executive of Bahrain-based IIB. ...

Petrofac International Gets $2.2 Billion Project in Algeria

Algeria: Petrofac Awarded $2.2B El Merk Project
Zawya

Petrofac, the international oil & gas facilities service provider, has been awarded a US$2.2 billion engineering, procurement and construction (EPC) contract for the El Merk central processing facility (CPF) in the Berkine Basin of Algeria, which is to be executed over the next 44 months, with first significant volumes from the project expected in 2012. ...