Thursday, August 7, 2008

GCC Acquisition, Parnership and Project Constuction Awards

Al Rajhi acquires majority stake in Core Construction Company
GulfNews - Dubai,United Arab Emirates
Dubai: Al Rajhi Investment Group, a leading diversified business group located in Saudi Arabia, on Monday said it is acquiring a majority stake in Core Construction Company of the UAE. ...

Jumeirah joins hands with Expedia
GulfNews - Dubai,United Arab Emirates
Dubai: Expedia, a global online travel company, on Tuesday  said it had signed a long-term global agreement with the Dubai-based Jumeirah Group, a hospitality management company. ..."This partnership is strategic to both Jumeirah and Expedia, as we continue to expand our global footprints, respectively," said Murad Hajeebhoy, Expedia EMEA vice-president of marketing management. ...
 
Emaar ME awards construction contracts for Al Khobar Lakes
Khaleej Times - Dubai,United Arab Emirates
JEDDAH - Emaar Middle East has awarded construction contracts for the first two residential villages in its Al Khobar Lakes development to several leading Saudi contractors. ... and Emaar Middle East had recently unveiled the first residential villages - Al Nada and Al Ghadeer - as part of the first phase of the project ...

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