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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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Monday, April 6, 2009

GE Energy Struck $200 Million Gas Turbines Deal with Emirates Aluminium (EMAL)

DUBAI, April 6 (Reuters) - GE Energy has struck a $200 million deal with Emirates Aluminium (EMAL) to provide the smelter with services for its gas turbines, the companies said on Monday. GE Energy will supply technology to EMAL to help it reduce the environmental impact and improve efficiency of the complex, expected to be the world's largest single-site aluminium smelter complex, and meet regulatory requirements, the two companies said in a statement. ...

Nakheel to Reduce Service Fees

Service fees cut at Discovery Gardens
The National - Abu Dhabi, United Arab Emirates
Owners of properties at Discovery Gardens in Dubai will see their service charges significantly reduced, the developer Nakheel said yesterday.
The company is reviewing its budget for providing services such as security and the upkeep of the project's communal areas, a Nakheel spokeswoman said. The move followed "recent reductions in the cost of services". ...