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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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Sunday, March 22, 2009

Gitex Saudi Arabia 2009 Set in Riyadh on April 19-23

Gitex Saudi Arabia set for April
AME Info
Gitex Saudi Arabia 2009 is set to launch in Riyadh on April 19-23, according to Dubai World Trade Centre which is co-organizing the event with Riyadh Exhibitions Company Limited. The exhibition is set to attract more than 400 firms from 15 countries. ...

Tannoy to Exhibit Aggressively at Dubai's Palme Middle East 26 - 28 April 2009

Tannoy returns to Palme Middle East 2009
AME Info
Pioneering UK loudspeaker manufacturer Tannoy will be exhibiting at the forthcoming Palme Middle East show in Dubai, with a bigger presence than ever before. ...

National Corporation for Tourism and Hotels Expecting Growth During Spring and Summer

NCT'&'H: Abu Dhabi's Tourism Sector Sets to Sees Steady Growth
WAM - Emirates News Agency - Abu Dhabi, United Arab Emirates
WAM Abu Dhabi, Mar. 22, 2009 (WAM) -- The National Corporation for Tourism and Hotels (NCT'&'H), a key provider of hotel, catering and transportation services, is expecting a vibrant business during the spring and summer thanks to the early online reservations and contracts it recently signed with a number of local, Gulf and European tour operators. ...

Qatar a Hot Topic for Turkish Media

Unimpeded by crisis, Qatar allures Turkish entrepreneurs
Sunday's Zaman - Istanbul, Turkey
... Qatar is now likely to be a hot topic for Turkish media organs from a new perspective: Despite the global economic crisis, Qatar continues to undertake big investments, with the ongoing projects in the country amounting to $140 billion. Among these projects -- all of which are financed by the Qatari state -- are the construction of a new airport for Doha, schools, colossal condominiums and natural gas pipeline projects. ...

World's First Carbon-neutral City in Abu Dhabi

Oil-rich, high-living gulf nation creating first carbon-neutral city
Atlanta Journal Constitution - GA, USA
Construction is under way on what is being called the world's first carbon-neutral city, rising from a featureless sandy expanse near the Abu Dhabi airport. Green as the city is intended to be, some environmentalists have criticized the project for deflecting attention from ongoing unsustainable development in a region with few natural resources aside from oil. ...

DEWA to Sign Major Project Contracts During WETEX 2009 (29-31 March 2009)

DEWA announces its new logo on first day of WETEX 2009
AME Info - United Arab Emirates
Dubai Electricity and Water Authority (DEWA) announced its intention to sign a number of contracts for major projects in different fields during the activities of the Water Technologies, Energy and Environment Exhibition 2009 (WETEX 2009) in its 11th edition, which will be held during the period 29-31 March, 2009, at the Zabeel Hall, World Trade Centre, Dubai. ...

UAE Prime Minister Official Website Launched

Official website of UAE Prime Minister launched
TMCnet - USA
ABU DHABI, Mar 20, 2009 (Asia Pulse Data Source via COMTEX) -- Congruent with the concerted devotion of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, to opening all communication channels with everyone, the official website of the prime minister of the UAE has been developed. ...
 

Waterpark Project in Bahrain

Riyadh, March 21, 2009: From the team that brought the wonder of snow to Dubai, comes their latest enterprise, Wahooo!, a waterpark adventure in Bahrain.
The makers of Ski Dubai, the world-famous indoor snow resort in the desert, will open their latest attraction, a 15,000 square metre indoor 'aqua-park' in the heart of Bahrain's capital this summer. ...

New Multi-million Dollar Resort Project in Saudi Arabia

New multi-million dollar resort project in Saudi Arabia.
The Dannat Resort at Half Moon Bay on Saudi Arabia's east coast will cost around US $667 million (SAR 2.5 billion), said executive director of business development Mohammed Abdul Khaliq.
The project was "softly announced" at the beginning of 2008 and is still on the drawing board said Khaliq. ...

 

Zain's Revolutionary Telecom Store at A-Seef Bahrain

Zain unveils revolutionary telecom store in Bahrain
AME Info (press release) - United Arab Emirates
Zain, the leading telecom provider across the Middle East and Africa, announces the opening of its flagship store in Bahrain.
Interactive, informative and entertaining, and utilizing the latest in digital technology, the 350 square-meter, state-of-the-art outlet will change the way we shop for telecom products and services.
The store will be eventually linked to a network of similar outlets across Zain's Middle East and Africa operations. ...

Dubai Construction to Pull Forward Despite Financial Crisis

Dubai construction sector 'fundamental' to emirate's future
Arabian Business.com
The emirate of Dubai remained in a good position to move forward through the global financial crisis, thanks largely to its construction and real estate industries, experts were reported as saying on Saturday. A number of fundamentals were in place that would pull the emirate through the worst of the ensuing credit crunch, experts from the property sector told Construction. ...

Dubai's Deyaar Slashes Property Prices and Refunds Investors

Dubai developer slashes prices by up to 30% and offers refunds
Property Wire - St. Albans, England, UK
Cash flow problems have led to a major Dubai developer slashing property prices by up to 30% and introducing refunds and easier payment plans for real estate investors. ...