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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, March 17, 2009

Details of Deyaar's Business Startegy 2009

Deyaar rolls out 2009 business strategy
ArabianBusiness.com (press release) - Dubai, Umm al Qaiwain, United Arab Emirates
Deyaar Development PJSC, one of the region's fastest growing real estate companies, today presented further details of its 2009 business strategy, including specific projects to be considered for consolidation and total area of units to be delivered over the next three years. ...

Deyaar's Drastic Measures to Survive Property Downturn

Deyaar takes strong action to survive property downturn
Arabian Business.com
Dubai-based developer Deyaar has unveiled a string of drastic measures to help the company ride out the property downturn in the emirate. Measures announced by the firm include slashing the price of units by up to 30 percent, softening payment plans for cash-strapped investors and giving 100 percent refunds on some postponed projects such as Deyaar Enclave. ...

Qatar's Pearl a $14 Billion Luxury Residential Project

Qatar Thrives on Natural Gas as Companies, Workers Flee Dubai
Bloomberg - USA
March 17 (Bloomberg) -- As Dubai scales back plans to build a waterfront development twice the size of Hong Kong Island, 30,000 workers off the coast of Doha in Qatar are constructing a $14 billion luxury residential project called the Pearl. ...

Abu Dhabi Tourism Authority (ADTA) Launches Tourism Education Strategy

Abu Dhabi: Abu Dhabi Tourism Authority (ADTA), the apex body which manages the tourism industry in Abu Dhabi, is launching a pioneering industry development initiative which will see the emirate roll out a fully-fledged education tourism strategy.
The ADTA's educational tourism strategy will take a three-pronged approach covering overseas school trips (OST), enrichment or personal development programmes (EPP) and corporate training (CT). ...

Lebanon Aims at Two Million Tourists in 2009

BEIRUT, Mar 16, 2009 (AFP) - Lebanon hopes to have wooed two million tourists by the end of 2009 after record arrivals in February, the director general of the tourism ministry told AFP on Monday. ... "It is a record compared to the past six years," when less than 70,000 visitors came in February -- considered a low season for tourists, said Nada Sardouk. ...

Dubai's Strategic Plan to Stabilise Economy and Jobs

Dubai: All economic aspects of Dubai's Strategic Plan 2015 are currently under review to help stabilise the economy and safeguard jobs, a senior government economist said on Monday.
"Everything has been put on the table, the stimulus package and policies, with one aim - to safeguard jobs. ...