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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, July 24, 2009

Al Manar Shoppimg Mall Ras Al-Khaimah Renovations at Dhs 500 Millions

Al Manar Mall To Spend Dh500M In Renovation
Zawya
Al Manar Mall, one of the first shopping malls in the Northern Emirates, will go in for a total revamp and renovation soon to meet growing competition in the emirate. ...

Dubai Lifestyle City DHS 400 Millions Contract Awarded to Saleh Construction

Saleh Wins DLC's Dh400m Contract
Zawya
Saleh Construction, a major UAE construction and engineering company, has won the Dh400 million main contract for the first phase core and shell construction for Dubai Lifestyle City (DLC), according to a senior official of the project.

Abu Dhabi Sovereign Wealth Fund to Invest US$1 Billion in Malaysia

Abu Dhabi Mulls US1 Bln Investment In Malaysia
Bernama - Kuala Lumpur, Malaysia
ABU DHABI, July 21 (Bernama) -- Prime Minister Datuk Seri Najib Tun Razak has announced a major initiative by the Abu Dhabi government whereby a sovereign wealth fund it wholly owns is set to make a US$1 billion investment in Malaysia in the energy, real estate and hospitality sectors. ...

UAE’s Dhabi Group in Talks Over African Investment

Essar Group and UAE's Dhabi Group in talks over African investment Options
TeleGeography - Washington, DC, USA
India's Essar Group has begun discussions with UAE-based Dhabi Group, an investment firm led by the Abu Dhabi royal family, with a view to investing in African telecoms assets, the Economic Times is reporting. ...

Abu Dhabi's Aabar Investments Planned JV Austria's Berndorf

UAE's Aabar in Austrian JV, eyes tech, property
Forbes - NY, USA
ABU DHABI, July 21 (Reuters) - Abu Dhabi's Aabar Investments , which took a stake in Daimler AG this year, said on Tuesday it planned a joint venture with Austria's Berndorf to invest in technology firms and property in Europe. ...

Knowledge Economic City (Saudia Arabia) Awarded to AECOM (US)

AECOM bags Knowledge Economic City contract in KSA
Construction Week Online - Dubai, United Arab Emirates
US conglomerate AECOM has won a US $15 million (SAR 56 million) contract to provide programme management services for phase one of Knowledge Economic City in Madinah, Saudi Arabia. ...