Damac Invites Contractors for Hyde Park Phase II

Phase two Hyde Park tenders out
Construction Week Online - Dubai, United Arab Emirates
Damac Properties has invited contractors to bid for the main construction contract to build 76 villas for the second phase of its New Cairo's project in Egypt.
Hyde Park was launched in December 2007 covering 4.7 million m2. Arabian Company won the grading works contract with work having begun on site. ...

Yas Hotel Unveiled at Abu Dhabi's Yas Island

Aldar launches The Yas Hotel
AME Info - United Arab Emirates
Aldar Properties unveiled The Yas Hotel, a five star signature hotel at the heart of the Yas Marina Circuit, at the Arabian Travel Market event held in Dubai today. ...

Haramain Railway Contract Awarded to a British Firm

SR142M Haramain Railway Contract Goes To British Firm
Zawya

DAMMAM: Foster & Partners has won an SR142 million contract to design four stations for the new high-speed Haramain railway linking the two holy cities of Makkah and Madinah with Jeddah. ...

Dong Energy, E.ON, Masdar To Build Largest Offshore Wind Farm

DONG Energy, E.ON and Masdar give green light to build world's largest offshore wind farm
Zawya

LONDON, 12^th May, 2009 - DONG Energy, E.ON and Masdar, a wholly owned subsidiary of the Mubadala Development Company (Mubadala), have today announced that they will invest €2.2bn in building the first 630MW phase of the London Array offshore wind farm in the Thames Estuary. ...

Qatar's Capital Doha Emerging as a Global Real Estate Hub

Doha is 'rising urban star': US property firm
Zawya

DUBAI, May 12, 2009 (AFP) - Qatar's capital Doha is emerging as a global real estate hub, vying with regional rival Dubai, as the Gulf state plows its gas-driven revenues into urban development, US-based property services firm Jones Lang LaSalle (JLL) said on Tuesday. ...

One Million New Homes in Saudi Arabia

Saudi Arabia Needs One Million New Homes
Zawya

One million new homes will be needed in Saudi Arabia over the next five years as the Kingdom takes the leading regional role in real estate development and investment, say the organisers of Cityscape Saudi Arabia. ...

Gulf Technical Construction Company (GTCC) Wins $109 Million Project in Abu Dhabi

DSI wins first Abu Dhabi contract
Trade Arabia - Manama, Bahrain
Gulf Technical Construction Company (GTCC), the civil contracting subsidiary of Drake & Scull International (DSI), has been awarded a Dh400 million ($109 million) project at Al Reem Island, its first contract in Abu Dhabi. ...

Emaar Properties Create 1600 New Jobs

Morning round-up: Emaar will hire 1,600 for Dubai Mall
The National
Emaar Properties is planning to hire 1,600 new employees for its hospitality and entertainment divisions. These new hires will work in the KidZania, SEGA Republic and 22-screen REEL Cinema at Dubai Mall over the next three months.