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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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Friday, April 24, 2009

Tender Invitation for Reem Island Phase II

Reputed local and international contractors are being invited to participate in the tenders for the second phase of construction and infrastructure development on Reem Island. ...

Abu Dhabi Set to Weather the Economic Crisis

Construction in Abu Dhabi set to weather crisis
AFP
DHABI (AFP) — It is not exactly business as usual, but the construction sector in the deep-pocketed Gulf emirate of Abu Dhabi appears set to weather the economic crisis, pressing ahead with major developments. ...

Crown Dilmun Development New $500m Project in Ras Al-Khaimah

Abu Dhabi: Bahrain-based property developer Crown Dilmun Development plans to start construction at its first project in the UAE, a $500 million (Dh1.84 billion) mixed-use project in Ras Al Khaimah next October, company chairman Ebrahim Ali Abdulaal Al Fahad said on Wednesday. ...

New Contractor for Dubai Airport

New contractor for third concourse at Dubai Airport
The National - Abu Dhabi, United Arab Emirates
Al Jaber Engineering and Contracting (ALEC), the subsidiary of Abu Dhabi's Al Jaber Group, will take over construction of a third concourse at Dubai International Airport, an informed source has confirmed. ...

ADNOC to Award $2 Billion of Contracts

ABU DHABI, April 23 (Reuters) - The onshore division of UAE state-run oil firm ADNOC plans to award around $2 billion of contracts to expand capacity before the end of the year, a top official said on Thursday.
Falling construction and raw material costs have cut almost 50 percent from the cost of energy projects, Abdul Munim al-Kindy, the general manager of onshore unit ADCO, told reporters. ...