International Plants Expo Middle East (IPM Dubai) From 3-5 March 2009

IPM Dubai triples in size in three years
AME Info - United Arab Emirates
This year's International Plants Expo Middle East (IPM Dubai) has grown to include over 240 tenants, tripling the exhibition's size since its inaugural event three years ago.

Organisers believe that the increasing popularity of the annual trade show, which opens from March 3-5 at Dubai's Airport Expo, is a clear indication of the health of the regional plant and flower industries and one that underscores the rising activity in the import and export of horticultural products. ...

Abu Dhabi's International Petroleum Investment Co (IPIC) will Invest Through Restis Group

UAE's IPIC in deal with Greece shipper Restis
Reuters - USA
ABU DHABI, Feb 26 (Reuters) - Abu Dhabi's International Petroleum Investment Co (IPIC) said on Thursday it will invest in shipping, energy and transport projects with a subsidiary of Restis Group, Greece's fifth-largest shipper. ...

Bahrain's Ministry of Housing to Issue US $800 Million Finance Bonds

Bahrain: $800M Bonds To Finance Housing Projects
Zawya

Manama, Bahrain: Bahrain's government has authorized the nation's Ministry of Housing to issue bonds worth nearly US $ 800 million to finance housing projects in Bahrain.

Bahrain's Minister of Housing, Sheikh Ibrahim bin Khalifa Al Khalifa, said during an interview on CNBC Arabiya that financial institutions will issue the bonds in segments over the next six months. ...

Zinc Project Worth $200 Million Launched in Yemen

Yemen Launches $200 Million Zinc Project
Zawya

Prime Minister Ali Mujawar laid Monday foundation stone for the first mine project in Yemen for finding out zinc in Sulb Mountain in Nehm area here with investment cost estimated at $ 200 million. ...

Kuwaiti Group Penetrating the Market Next Week with Big Money

Kuwaiti Group Added To Cash Shell Makes A Big Plus

One of the biggest companies to join Plus Markets for many years arrives next week.

A Kuwaiti commercial property company is reversing into Rak Real Estate, a Plus cash shell. It is expected to have a market capitalisation of more than $900m (£624m). At present the biggest Plus company is Arsenal Holdings, the football club, which has a market capitalisation of £470m. ...

DAMAC Properties Partners with Housing and Development Bank of Egypt.

HDBK acquires 60 per cent stake of Damac's Cairo Project
Middle East North Africa Financial Network - Amman, Jordan
DAMAC Properties has entered into a partnership with the Housing and Development Bank of Egypt. The alliance will see 60 per cent of DAMAC Properties' New Cairo projects transfer to the Housing & Development Bank.

Abu Dhabi Plans $10 Bln New Project

Abu Dhabi developer plans $10 bln Jordan project
Reuters - USA
ABU DHABI, Feb 26 (Reuters) - Abu Dhabi property developer Al Maabar International Investments said on Thursday that it plans to build a $10 billion development in Jordan to help create jobs and develop the local economy. ...

US $5 Million Budget Proposal Passed for Industrial Park of Dubai-based Company

Bill would boost industrial park
Charleston Post Courier - Charleston, SC, USA

The U.S. House of Representatives passed a budget proposal Thursday that includes almost $5 million for highway improvements in Orangeburg County, where a Dubai-based company is looking to build $600 million industrial park on more than 1,300 acres.

Islamic Banks and Gulf Real Estate Prices

Islamic banks face big hit from Gulf property -S&P
Reuters - USA
LONDON, Feb 25 (Reuters) - Islamic financial institutions (IFIs) face a significant hit on profits if real estate prices continue to fall in the Middle East, ratings agency S&P said on Wednesday. ...

CityScape Singapore World´s Biggest International Real Estate Investment Event: 19 - 24 May 2009

Investors gather for CityScape Asia real estate show in Singapore
Asia Property Report - Bangkok, Thailand
The global property world is turning its attention to Asia 009 will be the year to begin picking up potentially 'undervalued' assets ahead of regional economies emerging from the global financial crisis, say the organisers of the world´s biggest international real estate investment event. ...

Chief Executive of Hydra Properties Dr. Sulaiman Al Fahim Shares Knowledge of Raising Money in Downturn

The finance doctor
Construction Week Online - Dubai, United Arab Emirates
"'Ah yes, but you were born rich. Or if you weren't, well, somebody just gave you all that money. You were lucky. You woke up one day and found a pile of cash.'
These are just some of the many theories I still hear today from people trying to figure out how it is that a man like me, 31 years old, can put together a billion-dollar deal to launch a new project. ...

Carillion Wins £145m Hospital Contract

Carillion secures £145m Canadian hospital contract
news.careerstructure.com - London, UK
Construction firm Carillion has announced that it has won a £145 million contract to extend the Royal Victoria Hospital in Ontario, Canada.
The contract win, which provides a boost to construction jobs in the country, will see the size of the hospital almost doubling. ...

Dubai Food City Plan at $200 Million

Dubai Plans Food City Project Worth $200 Million
Zawya

Dubai: A $200 million (Dh734 million) Dubai Food City is in the planning stages, according to industry experts.

 

Dubai Food City will be a five million square foot self-contained development, aimed at wholesale food merchants, according to Farouk Qasim, head of the food and beverage group in Dubai Chamber of Commerce and Industry (DCCI). ...

UAE Awards Boeing and Lockheed US $2.8 Billion Aircraft Deals

UAE signs $3 billion deal with Boeing, Lockheed
WREX-TV - Rockford, IL, USA
The United Arab Emirates has struck nearly $3 billion in deals with U.S. giants Boeing and Lockheed Martin to supply military transport aircraft. ...

UAE signs $3bn deal with Boeing, Lockheed
The Associated Press

The United Arab Emirates' official news agency says U.S. firms Boeing Co. and Lockheed Martin Corp. have been awarded almost $3 billion in contracts to supply transport aircraft for the country's military. ...

 

Boeing, Lockheed win $2.8 bln UAE plane deals
Reuters - USA

ABU DHABI, Feb 24 (Reuters) - U.S. firms Boeing (BA.N) and Lockheed Martin (LMT.N) have been awarded contracts worth a total of about $2.78 billion for military transport aircraft from the United Arab Emirates, a defence show spokesman said. ...

Bidding Invitation for Abu Dhabi's Metro Released

Abu Dhabi invites bids on 131km metro line
The National - Abu Dhabi, United Arab Emirates
ABU DHABI // The capital moved a step closer to having a metro system yesterday as the Department of Transport invited tenders to design a 131km-scheme supported by a network of trams and buses.
The Government said it was inviting bids to prepare a feasibility study for the metro, create a preliminary design and provide a detailed implementation schedule for building a rail system. ...

Top Property Markets for Investors in 2009 - Dubai, Egypt and Tunisia

Dubai still delivering
Construction Week Online - Dubai, United Arab Emirates
Dubai, Egypt and Tunisia are the top property markets for investors in 2009, according to research by an international real estate company.

In spite of the economy, Dubai remains at top spot within the UAE, although there is increasing interest in Abu Dhabi, Ras Al Khaimah and Ajman, according to Marr International. ...

Abu Dhabi's Zero-CO2 Green Metropolis City

A Zero-Emissions City in the Desert
MIT Technology Review - Cambridge, MA, USA
Oil-rich Abu Dhabi is building a green metropolis. Should the rest of the world care?

The construction is the start of a vast experiment, an attempt to create the world's first car-free, zero-carbon-dioxide-emissions, zero-waste city. Due to be completed in 2016, the city is the centerpiece of the Masdar Initiative, a $15 billion investment by the government of Abu Dhabi, which is part of the United Arab Emirates. ...

Rixos Hotel at Palm Jumeirah Dubai

Ottoman Palace to bring Turkish flavour to Dubai
AME Info - United Arab Emirates
"Rixos Hotels aims to bring the spirit of traditional Turkish hospitality to the Middle East with the launch of its first hotel in the region - The Ottoman Palace - to be located on the Palm Jumeirah in Dubai. ...

Report on Qatar Infrastructure Quarter-1 of 2009

Qatar Infrastructure Report Q1 2009 - companiesandmarkets.com adds new report
PR-Inside.com (Pressemitteilung) - Wien, Austria
Qatar's infrastructure has benefitted from the emirate's oil and gas resources. It is one of the top three gas producers in the world and therefore gas windfalls have left the country with money to re-invest into infrastructure development and construction projects in general. For BMI's Q109 Qatar Infrastructure Report we are forecasting Qatar's construction industry to grow by 17.57% y-o-y in 2009. ...

UAE Armed Forces Signed US$ 817 Million Defense Deals at Abu Dhabi Show

UAE signs $820mn in defense deals
Forbes - NY, USA

The United Arab Emirates' armed forces have signed over 3 billion dirhams ($817 million) in defense deals at an arms and defense show in Abu Dhabi, the country's official news agency reported Monday.

Most of the deals were with local companies, WAM said. ...

MGM Mirage and Dubai World Talks for $1.2 Billion Loan

MGM, Dubai World Said in Talks With Deutsche Bank on CityCenter
Bloomberg - USA
Feb. 23 (Bloomberg) -- MGM Mirage and Dubai World are in talks with Deutsche Bank AG for the $1.2 billion loan they need to complete their CityCenter project on the Las Vegas Strip, according to three people with knowledge of the discussions. ...

International Assets Holding Corporation Purchased 50% of Partner's Stake in Dubai Commodities

International Assets Buys Partner's Stake in Dubai Commodities Business
Press Release Network

International Assets Holding Corporation (the 'Company') (Nasdaq:IAAC) today announced the purchase of the 50% interest held by Nilesh Ved in INTL Commodities DMCC, the Company's Dubai commodities joint venture. As a wholly-owned subsidiary of the Company, INTL Commodities DMCC will continue to expand its successful commodities trading activities in the region. ...

UAE's Mina Al Fajer Resort in Fujairah Development

Fujairah is UAE's new boom town, says developer
Construction Week Online - Dubai, United Arab Emirates
Mina Al Fajer Real Estate, developer of the Mina Al Fajer Resort in Fujairah, hopes to turn the emirate into "the next boom area in the UAE."

The firm, which is in charge of Fujairah's first mega-project, said that it hopes to "pave the way for a tourism boom in the area," which is already a popular weekend destination for tourists. ..

Win US $8,445 OR $2,495 by Filling Survey of Cityscape and Jones Lang LaSalle Investor Sentiment

Cityscape and Jones Lang LaSalle Investor Sentiment Survey (ISS) - MENA

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As an additional incentive to participate, Cityscape is offering the chance for two respondents to win either an access-all-areas pass to Cityscape Abu Dhabi (worth US$ 8,445) or a complimentary one-year subscription to Cityscape Intelligence (worth US$ 2,495). If you wish to receive the report or qualify for the prize draw, please ensure you provide your contact details at the end of the survey.

Looking forward to meeting with many of you during Cityscape Abu Dhabi. To proceed to the survey, please click on this link >> Cityscape Intelligence Survey.

From the News
Dubai property market harder hit than others in the region
Property Wire, UK
The property market in Dubai is expected to stabilise in 2010 but not recover until 2011 as high levels of new supply are maintained, according to analysts.
This year will see a period of correction as the global downturn continues, according to a research report from Jones Lang LaSalle. Prices and rental rates should then stabilise but the first signs of recovery are unlikely before 2011, it says....

UAE's Central Bank Bought Dubai's $20 Billion Notes

UAE Central Bank Steps In to Support Dubai Debt, Spending
Bloomberg - USA
The United Arab Emirates' central bank stepped in to support Dubai after concern increased the emirate will struggle to repay its debt as global financial turmoil pushed up credit costs and burst a real-estate bubble.

The central bank bought half of an unsecured, $20 billion, 5-year notes issue at an annual interest rate of 4 percent, Dubai's Department of Finance said in an e-mailed statement yesterday. ...

DEWA Awards Metito $10.4m Contract

Dubai Electricity and Water Authority and Metito sign $10.4m deal
AME Info
Metito announced today that it has signed a turnkey project with Dubai Electricity and Water Authority (DEWA), which will include the design, construction and augmentation of the water at station G in the Jebel Ali Power Complex. ...

Study on Business Cycles in UAE

Dubai Economic Council releases a Study on Business Cycles in the UAE
WAM - Emirates News Agency - Abu Dhabi, United Arab Emirates
WAM Dubai, Feb 21st, 2009 (WAM): The economic activity always witnesses business cycles characterized by booming followed by recession represented by negative GDP growth rate or slowdown. This cycle might be short or long depending on the economic policies crafted by the government to tackle these situations, said a study prepared by Dubai Economic Policy Research Institute (EPRI). ...

Imdaad and Wasl Cooperation in Dubai

Imdaad expands FM operations with wasl contract
Zawya - United Arab Emirates

Dubai, February 21, 2009: As part of the move to synchronize its expanded operations, Imdaad, Dubai World's integrated facilities management company, discussed the strategy with officials of wasl, the asset management group of Dubai Real Estate Corporation (DREC). Imdaad recently won the contract to provide total FM services to part of wasl's portfolio of projects. ...

TAQA UAE could Control Jamica's Electric Bill

TAQA, the diamond of the UAE, comes to Jamaica
Jamaica Gleaner - Kingston, Jamaica
Recently, the Jamaica Public Service has been in the news as the cash-rich Abu Dhabi National Energy Company (TAQA) took over 40 per cent of its business. Very little is known about the Middle-Eastern oil company, but here are some facts about the company which could, in the very near future, control your light bill. ...

Dubai Shares Surged Positively

Dubai shares surge 5.4%
Business Intelligence Middle East (press release) - United Arab Emirates

UAE. The Dubai Financial Market (DFM) surged 5.38% Thursday, its biggset advance since 5 January, as the stock exchange's mother company, Borse Dubai reportedly secured a loan due for refinancing this month. ...

12 Towers Sold for AED 5 Billion on Al-Reem Island

Aabar buys 12 towers on Reem Island for Dh5bn
Zawya - United Arab Emirates
Aabar Investments said yesterday it had bought 12 towers on Abu Dhabi's Reem Island for Dh5 billion, the biggest real estate investment since the company was launched more than four years ago. ...

Kuwait Seeks Nuclear Power

Kuwait eyes nuclear power with French help - paper
Reuters UK - UK
KUWAIT, Feb 18 (Reuters) - Kuwait is considering developing nuclear power with the help of a French firm to meet demand for electricity and water desalination, the country's ruler said in remarks published on Wednesday. ...

Al Futtaim Carillion Signed GBP 550 Million Contract with ALDAR for Al-Muneera Development - Abu Dhabi

Carillion JV inks GBP 550 Mln deal in Abu Dhabi - Quick Facts
RTT News - Williamsville, NY, USA
Carillion Plc said Al Futtaim Carillion has signed a GBP 550 million contract with ALDAR to deliver Al Muneera development in Abu Dhabi, for which heads of terms were agreed and announced last November. Al Futtaim Carillion is a 51:49% joint venture between the Al Futtaim Group and Carillion.

Al Muneera forms a key part of ALDAR's GBP 10 billion Al Raha Beach development. ...

First Gold and Silver Refinery to Built in Abu Dhabi

Abu Dhabi to strike gold
Zawya

Abu Dhabi, 18 February, 2009 - Global Force Capital and Italy's Elettronica S.P.A today announced formation of a joint venture to build a plant in Abu Dhabi for refining and fabricating bars and grains of pure gold, silver and other precious metals. It will be the first gold and silver refinery in Abu Dhabi and is set to be the largest dual refinery in the region. ...

Abu Dhabi Metro Tender Due April 13 2009

Abu Dhabi Metro Tender Out

Zawya

Abu Dhabi will soon unveil Metro Rail model in the emirate with the Department of Transport (DoT) finalising the project study.
The department has invited local and international consultants to file tender for the Abu Dhabi Metro Rail Study with the interested bidders advised to submit their proposals by April 13. ...

Research and Markets Report: UAE at 2012

Research and Markets: UAE's Booming Construction Industry, an Outlook to 2012
Market_Watch (press release) - USA
The rapid economic development of UAE has been fuelling an unprecedented construction boom and infrastructure development in all corners of the country that attracted investors from around the world. Most of the investments are directed in developing infrastructure for tourism, hospitality, retail and healthcare industry. ...

Donald Trump Bankruptcy

Trump's "golden" image on trial after bankruptcy
Reuters - USA

NEW YORK (Reuters) - Trump Entertainment Resorts Inc's bankruptcy filing is only the latest disappointment to attach itself to the Trump name, once a byword for luxury and high living.

Donald Trump, the real estate mogul who has splashed his name on everything from skyscrapers to neckties to bottled water, has suffered a string of recent reversals that threaten to dilute his cachet, say branding experts. His name, which he often licenses to real estate projects in which he has no direct control, has earned him millions. ...

Weekly News Round-up from Cityscape Intelligence

 

 

GCC economies to grow

Countries in the Gulf Cooperational Council (GCC) region are expecting to see growth in their econom... Read more breaking news: GCC economies to grow >>
Source: Adfero

Property sector in Dubai 'will survive'

Real estate and construction markets in the United Arab Emirates (UAE) will stay steady during the g... Read more about breaking news: property sector in dubai will survive >>
Source: Adfero

Transactions worth Dh11.3b in 45 days

Dubai: Dubai's Land Department recorded Dh11.3 billion in land transactions in 45 days this year, an... Read more by Subscribing to Cityscape Intelligence >>
Source: Gulf News

Emaar shares fall on losses, project halts

Emaar Properties PJSC dropped as much as 6.5 percent yesterday after the Dubai-based developer repor... Read more by Subscribing to Cityscape Intelligence >>
Source: Turkish Daily News

Buildings adopt environmentally-friendly features

Phase-III of Dubai International Academic City (DIAC) has moved a step closer to receiving its Leade... Read more about: breaking news: buildings adopt environmentally friendly features >>
Source: Adfero

Developer to review Saudi project

Majid Al Futtaim, a real estate developer based in Dubai, is to review its property portfolio for Sa... Read more about breaking news: developer to review saudi project >>
Source: Adfero

GIH reaches agreement with JFH

Kuwait's Global Investment House has reached an agreement with the Jordan Housing Bank for Trade and... Read more breaking news: GIH reaches agreement with JFK >>

Source: Adfero

Investcorp to raise new capital

Investcorp, a Bahrain-based real estate company, has announced plans to raise $250 million in new ca... Read more breaking news: investcorp to raise new capital >>
Source: Adfero

Amlak Finance proposes reduction of capital

Jordan-based Amlak Finance is considering reducing its amount of capital after a recommendation from... Read more breaking news: amlak finance proposes reduction of capital >>
Source: Adfero

Accurate research essential to Middle East property markets

Accurate research in the property sector is becoming increasingly important during the global downt... Read more about accurate research essential to middle east property markets >>
Source: Cityscape Intelligence

Advanced construction village on Saadiyat Island nears completion

One of the most advanced housing facilities for construction workers in the Middle East is soon to b...To Read Subscribe to Cityscape Intelligence >>
Source: AME Info - ME Company Newswire

Emaar Misr launches new project

Property developer Emaar Misr has announced the launch of the EGP 5.75 billion ($1 billion) Mivida c... Read more breaking news: emaar misr launches new project >>
Source: Adfero

Work on mile-high tower in Saudi Arabia postponed

Losses incurred during the final quarter of 2008 mean plans to build a mile-high tower in Saudi Arab... Read more breaking news: work on mile high tower in saudi arabia postponed >>
Source: Adfero

Jordan Times: Gov't Mulls Plan To Facilitate Housing Loans

Material in the World News Connection is generally copyrighted by the source cited. Permission for u... To read more Subscribe to Cityscape Intelligence >>
Source: World News Connection

New project launched at the Pearl Qatar

Perlita Gardens has been launched at the Pearl Qatar community by the Land Real Estate & Development... Read more breaking news: new project launched at the pearl qatar >>
Source: Adfero

Oman displays 'economic sense' in financial crisis

A new report has described Oman as having displayed the best financial management and economic sense... Read more breaking news: oman displays economic sense in financial crisis >>
Source: Adfero

New investment fund launched in the Gulf

The London-based Geni Capital and the Arabian Real Estate Investment Trust management firm are setti... Read more breaking news: new investment fund launched in the gulf >>
Source: Adfero

 

Boost infra spend to jump-start economy

AM Naik, chairman and MD of Larsen & Toubro, India's largest engineering and construction company,... Read more by Subscribing to Cityscape Intelligence >>
Source: The Economic Times (India)

Property prices 'need to drop further'

Property prices in the Indian real estate market need to drop more if the market is to pick up, one ... Read more breaking news: property prices need to drop further >>
Source: Adfero

Emerging markets still set to outstrip the West

CHINA, India, Brazil and Russia each boast a resilient domestic consumer base and strong intra-regional demand. That's why some have argued the big emerging markets will remain untouched by the global... Read more by Subscribing to Cityscape Intelligence >>
Source: The Sunday Telegraph

Panel to monitor WB-funded road projects

The government has decided to set up an expert panel to monitor World Bank-funded road sector proj... Read more by Subscribing to Cityscape Intelligence >>
Source: The Economic Times (India)

Tata Steel expects sales to grow

The Indian-based producer of building materials Tata Steel has announced it expects to see higher sa.. Read more breaking news: tata steel expects sales to grow >>
Source: Adfero

Parsvnath Developers under financial pressure

Parsvnath, an Indian real estate developer, is currently under financial pressure, a situation which... Read more breaking news: parsvnath developers under financial pressure >>
Source: Adfero

Amrapali Group enters joint venture in India

The Amrapali Group is to work with the Intercontinental Hotel Group (IHG) to develop a seven-star ho... Read more breaking news: amrapali group enters joint venture in india >>
Source: Adfero

India to invest $500bn in infrastructure

India's infrastructure is expected to receive up to $500 billion worth of investment during the cour... Read more breaking news: india to invest 500bn in infrastructure >>
Source: Adfero

 

MGPA to invest in Malaysia

Real estate investment firm MGPA is to use its Asia Fund III (AF III) to expand its portfolio in Mal... Read more breaking news: MPGA to invest in malaysia >>
Source: Adfero

FDI in China drops

The amount of foreign direct investment (FDI) headed into China has dropped for the fourth consecuti... Read more breaking news: FDI in china drops >>
Source: Adfero

Vietnam Giant Construction Firm to List on National Exchange

Binh Chanh Construction and Investment Shareholding ... Read more by Subscribing to Cityscape Intelligence >>
Source: Vietnam News Briefs

LaSalle property fund announces new president

A new president has been appointed to head LaSalle Investment Management's Asian property fund. The... Read more breaking news: lasalle property fund announces new president >>
Source: Adfero

Morgan Stanley real estate executive investigated

Investment firm Morgan Stanley is alleged to have suspended Garth Peterson, a real estate executive ... Read More breaking news: morgan stanley real estate executive investigated >>
Source: Adfero

GOVERNMENT URGED TO HELP LOCAL CONSTRUCTION INDUSTRY

The government ha... Read more by Subscribing to Cityscape Intelligence >>
Source: Bernama The Malaysian National News Agency

Steel firms to work together

A number of steel manufacturing companies based on mainland China and in Taiwan have announced they ... Read more breaking news: steel firms to work together >>
Source: Adfero

South Korean consumers return to real estate

South Korea has seen a rise in demand for property from consumers as increasing numbers are consider... Read more breaking news: south korean consumers return to real estate >>
Source: Adfero

Malaysian firm delays Chinese project

Due to the global economic downturn, Malaysian property firm IGB has delayed plans to expand its hot... Read more breaking news: malaysian firm delays chinese project >>
Source: Adfero

MGPA INVESTS RM2 BILLION IN REAL ESTATE

Bermuda-based rea... Read more by Subscribing to Cityscape Intelligence >>
Source: Bernama The Malaysian National News Agency

AL-'AQAR KPJ REIT MIDDLE EAST MART

KPJ Healthcare Bh... Read more by Subscribing to Cityscape Intelligence >>
Source: Bernama The Malaysian National News Agency

Plans to re-energise Chinese real estate subject to government

Plans to provide the property market in China with new stimulus have been sent to the Chinese govern... breaking news: plans to re-energise chinese real estate subject to government >>
Source: Adfero

Hang Lung to invest in real estate on mainland China

Hang Lung, a Hong Kong-based real estate company, is planning to invest $1.7 billion in real estate ... Read More about breaking news hang lung to invest in real estate on mainland china >>
Source: Adfero

Malaysian construction firms seeking opportunities

Increasing numbers of construction companies from Malaysia are looking for business opportunities in west Asia... Read more about breaking news malaysian construction firms seeking opportunities >>
Source: Adfero

 

Cityscape Intelligence is an essential online business tool for real estate professionals and investors; providing daily news, features, interviews, research, data, stats and trends plus much more on business to business real estate within the emerging markets, click here to subscribe to Cityscape Intelligence.

Sheffield Corporate Towers - Dubai - Construction Starts in March

Work on £57m Dubai tower to start next month
Building.co.uk - UK

Dubai property developer Sheffield Real Estate has said it is planning to start work on a commercial tower in the emirate by the end of next month.

The 300m Dirham (£57m) Corporate Towers in Jumeirah Lake Towers will run across 45 floors and have a total floor space of 1.1 million ft2. ...

Cityscape Abu Dhabi 19-24 April 2009

Cityscape Abu Dhabi to be launched next April
WAM - Emirates News Agency - Abu Dhabi, United Arab Emirates
... In a press statement on Abu Dhabi's hosting the 3rd edition of Cityscape Abu Dhabi, scheduled between 19 and 22 April, Marwaha said Abu Dhabi's cultural project is centered on the development of Saadiyat Island which will host the first satellite Louvre museum outside Paris and the biggest Guggenheim Museum. ...

Dubai: Different Office Lunch Break for Hult International Business School

In Dubai even lunch breaks are different!
BigNews.biz (press release) - Natick, MA, USA
DUBAI // Office workers from Hult International Business School queued up at Jumeirah Beach Residence yesterday to take a 45-metre bungee jump on what proved to be an office lunch break with a difference.
"We wanted to take a break from the traditional working lunch and liven up the office," ...

World's Largest Chemical Complex - Abu Dhabi

Abu Dhabi Plans World's Largest Chemicals Complex
Zawya

WAM: President His Highness Sheikh Khalifa bin Zayed Al Nahyan, in his capacity as the Ruler of Abu Dhabi, has issued a law setting up the Abu Dhabi National Chemicals Company, as a joint venture in which the International Petroleum Investment Company (IPIC) and Abu Dhabi Investment Council (ADIC) will have shares of 40 percent each and Abu Dhabi National Oil Company (ADNOC)  will hold the remaining 20 percent stake, it was disclosed today. ...

Limitless Ivites Bidders for Jebel Ali People Mover

Limitless Invites Bids To Design, Build People Carrier
Zawya

Dubai, 16 February 2009: Limitless has invited bids for the design and construction of its Downtown Jebel Ali people mover, with the contract due to be awarded by mid-2009, the company disclosed today (Monday). ...

2. Starting a Home Based Business - Business Plan

Times Online

Starting a business from home: Part 2 - Writing a business plan
Times Online - UK
Once you've come up with a big idea, it's time to write it down in the form of a business plan, which is a far easier task than you might imagine.

Think of your business plan as a routemap to guide you from start-up to growth, that helps you achieve milestones along the way. It doesn't need to be lengthy (5-10 pages is ideal) but it should include some key headings and content. ...

Egypt's 2nd New Gas Field Discovery

UAE's Dana Gas announces Egypt find

GulfNews - Dubai, United Arab Emirates
CAIRO: United Arab Emirates-based Dana Gas PJSC says it has made its second gas discovery this year in Egypt.

The Middle East's first and largest private sector natural gas company said in a statement Monday the West Manzala-2 discovery encountered roughly 20 billion cubic feet of dry gas in Dana's Nile Delta region concession. ...

Norah Al-Fayez - First Ever Saudi Woman Minister

New Woman Minister Cracks Saudi Glass Ceiling

Zawya

RIYADH, Feb 15, 2009 (AFP) - Norah al-Fayez, the first woman ever named to a ministerial post in Saudi Arabia, has put a crack in the thick glass ceiling that the country's strict version of Islam sets against her gender.

The veteran education administrator was named to the new post of deputy education minister for women's education as part of a sweeping shakeup of the government announced Saturday by the country's reform-minded absolute monarch King Abdullah. ...

Dubai Restructuring Major Property Firms

Dubai reshuffles key firms to cut costs amid crisis
Reuters - USA
DUBAI, Feb 15 (Reuters) - Dubai's biggest government-linked holding companies unveiled a major restructuring on Sunday, consolidating operations to cut costs as the global downturn hit at the core of the emirate's financial and property sectors.

Dubai Holding, owned by the ruler of Dubai and driver of many of the emirate's ambitious plans that have fallen on hard times, said it would restructure and merge operations at key property firms and other holding firms to reduce costs. ...

Possible Bailout for Emaar MGF - India

Government ready with first bailout for Emaar MGF
Economic Times - Gurgaon, Haryana, India
NEW DELHI: Cash-strapped realty major Emaar MGF may turn out to be the first major beneficiary of a government package in the real estate sector, thanks to its partnership with Delhi Development Authority (DDA) for the 2010 Commonwealth Games village project in east Delhi. ...

Islamic Development Bank (IDB) Approved US$83 Million Project in Indonesia

IDB Okays US$83 Million For Indonesia's Integrated Community Project
Bernama - Kuala Lumpur, Malaysia
The Islamic Development Bank (IDB) has approved about US$83 million for the Integrated Community-Driven Project in Indonesia that will directly benefit some 14 million people scattered across 4,871 urban villages in 14 provinces. ...

Esmail Al Ramahi: Gas Project Expansion in Abu Dhabi to Go Ahead

UAE- Adnoc goes ahead with expansion projects
Middle East North Africa Financial Network - Amman,Jordan
Manager at the gas processing division at the Abu Dhabi National Oil Company Adnoc, Esmail Al Ramahi, said that the company plans to continue its expansion projects including the multi-billion dollar sour gas project in Abu Dhabi, as it will benefit from declining costs amid the global crunch, Gulf New reported. ...

US $6 Million Pledge to Lebanon

Clinton Stresses Full Support for Lebanon, Pledges $6 Million for Tribunal
Naharnet, Lebanon
"As evidence of our continued commitment to promoting justice in Lebanon, the United States pledges $6 million for the second year of the (international) tribunal's operations, subject to Congressional approval of the FY09 budget, in addition to the $14 million already contributed," she stressed. ...

Pros and Cons - Lebanon Cedar Island

Facebook debate over Lebanese Cedar Island developement
Off Plan Property Exchange, UK
Facebook is playing host to the pros and cons of the proposed development of Cedar Island in the Lebanon. Real estate developers are pushing on with the planning of a spectacular man-made island scheme, as opposition to the project begins to grow., Noor International is working on Cedar Island, designed to provide thousands of homes similar in style to Dubai's iconic palm-shaped real estate projects. ...

Lebanon's Constructive Master

Lebanese mark death of al-Hariri
Dubai City Guide - Dubai, United Arab Emirates
Thousands of people have gathered in Beirut, the Lebanese capital, to mark the fourth anniversary of the assassination former prime minister Rafiq al-Hariri.
Members of the March 14 parliamentary majority bloc, which was formed in the immediate wake of al-Hariri's death, are to address the crowd in downtown Beirut's Martyrs' Square on Saturday. ...

Huge Beirut rally marks Hariri assassination
Dubai City Guide - Dubai, United Arab Emirates
BEIRUT: Tens of thousands of flag-waving Lebanese have packed a Beirut square to remember former Prime Minister Rafik Hariri four years after he and 22 others were killed by a truck bomb.
The crowd at this year's rally is also demonstrating its backing for an international tribunal that will try suspects in the Feb. 14, 2005, assassination. ...

Special Offer ’Eye Of Ajman’ Project

Bonyan Offers Attractive Payment Plan For Remaining Plots Within 'Eye Of Ajman' Project
Dubai City Guide - Dubai,United Arab Emirates
Bonyan International Investment Group (Holding) L.L.C, one of the leading real estate companies in Dubai, has announced that it will be offering special rates for the remaining plots within 'Eye of Ajman' project during its participation at the 'International Property Show - Dubai 2009'. The developer's stand B8, which is located in Hall 3 of the Dubai International Exhibition Centre, will feature the 6.27 million sq. ft. master development and its prime freehold multi-purpose plots. ...

Plans for Mohammed Bin-Zayed City in Abu Dhabi Released

Abu Dhabi: Mohammed Bin-Zayed City plans released
Off Plan Property Exchange - Derby, England, UK
Further details have been released of a massive property investment scheme designed to transform a UAE state and provide new homes for thousands of people.

Mohammed Bin Zayed City Towers is a master plan scheme for Abu Dhabi and will be developed with "sustainability and quality standards", planners have said. ...

New $1 Billion Contract Signed in Saudi Arabia

KSA: GE Energy, SEC Sign Deal Nearing $1B
Zawya

Riyadh, Saudi Arabia - GE Energy has signed a contract for nearly US$1 billion to supply more than 30 Frame 7EA gas turbines for the Saudi Electricity Company's (SEC) Riyadh Power Plant 10 (PP10). This project, the latest in a series of GE contracts for SEC power projects, will add 2,000 megawatts of much needed power to help support the region's dynamic economic and population growth. ...

Palazzo Versace Contract Awarded to DEPA

Depa wins $32m Palazzo Versace contract
Trade Arabia - Manama, Bahrain

Depa Limited, one of the world's largest providers of interior contracting services, announced that it has won a Dhs129m ($32.7m) contract for the fit-out works of hotel rooms and furnished apartments in the prestigious Palazzo Versace Hotel in Dubai. ...

Dubai Lagoon Project Awarded

Schon picks contractor to complete Lagoon project
ArabianBusiness.com - Dubai, Umm al Qaiwain, United Arab Emirates
Schon Properties has awarded the contract for the completion of the final two zones of its much delayed AED3 billion ($817m) Dubai Lagoon project.

The AED500 million deal with Bin Sabt Building Contracting will cover the construction of zones four and seven.

Causeway Opens New Office in Dubai

Software company opens new Dubai office
Construction Week Online - Dubai,United Arab Emirates
Construction software company Causeway has opened an office in Dubai to expand its presence in the region.

Philip Brown, CEO, said: "Causeway's business in the Middle East has grown rapidly over recent years. Committing dedicated resources demonstrates our further investment to the region, as well as reflecting our expectations for future growth. ...

Nakheel's Palm Monorail Contract Awarded

Nakheel and SMRTE ink Palm monorail contract
SteelGuru - Gurgaon, Haryana, India
Trade Arabia reported that Nakheel and SMRT Engineering Pte Limited have signed a contract for the operation of the Palm Monorail. The contract will see SMRTE take responsibility for the day to day running of the service including ticketing, on going maintenance, and operation of the monorail's stations.

Hyder Consulting Cuts jobs

Hyder Consulting to cut 400 jobs
Financial Times - London, England, UK
Hyder Consulting, the engineering consultants responsible for projects including the Sydney Harbour Bridge and the Burj Dubai tower, is cutting 8 per cent of its staff as a new management team restructures the business amidst challenging conditions for the global construction industry. ...

Damac Awards Kasktas Arabia Ltd Construction Al-Jawharah Residential Project

Damac eyes construction projects in Saudi Arabia
GulfNews - Dubai, United Arab Emirates

Dubai: Many contractors and developers in the UAE are looking to Saudi Arabia as the new land of opportunity.

Developer Damac yesterday appointed Kasktas Arabia Ltd Construction to carry out enabling works at its Al Jawharah residential project, launched in 2007, on the Red Sea coast. ...

Three Major Projects to be Released

EIIC to launch three major Iraq projects
Construction Week Online - Dubai, United Arab Emirates

Emirates International Investment Company (EIIC) is set to launch three major real estate projects across Iraq.

The Abu Dhabi-based holding group is carrying out a feasibility study and expects to make an official announcement "over the next few weeks." ...

Clyde and Company LLP Appointed Legal Advisor for Dubai Holding

Clyde & Co appointed to Dubai Holding group legal panel
Zawya - United Arab Emirates
Clyde & Co is one of the major international law firms in the GCC with over 150 specialist lawyers and paralegals operating as a single unit from offices in Dubai and Abu Dhabi in the UAE, and in Doha, Qatar. The firm was voted by the DCCG (Dubai Corporate Counsel Group) as the 'most innovative firm' in Dubai at the 2008 IFLR (International Financial Law Review) awards. ...

Ramee Group of Hotels Plans to Invest $106.1 Million in Bahrain

Ramee to invest $106m in Bahrain
Trade Arabia - Manama, Bahrain

Dubai-based Ramee Group of Hotels plans to invest more than BD40 million ($106.1 million) in Bahrain this year.

Work on a BD20 million hotel has started in Seef, and work on another BD20 million hotel will be launched in Juffair by the middle of this year, said group general manager Shantaram Shetty. ...

Rs10 Billion New Project Awarded in Dubai

Essar Projects Limited bags Rs10 Billion ONGC Contract
Khaleej Times

DUBAI - Essar Projects Limited (EPL), through its subsidiary Essar Offshore Subsea Limited (EOSSL), has bagged the ONGC's Neelam Heera Reconstruction Contract, the value of which is in excess of Rs10 billion and will be completed by May 2011. ...

Cityscape Intelligence Weekly Round-up Briefs

In this time of global uncertainty, obtaining timely, accurate and impartial information that helps you make key business decisions - all at a cost effective rate - is critical. Cityscape Intelligence aim is to do precisely that! We provide exclusive market opinions from the professionals, asset class pricing, FDI trends, and extensive news coverage plus much more, on 18 emerging market countries for only US$2,495 per user per year! If you aren't already enjoying the benefits of subscribing to Cityscape Intelligence sign up today!

 

Al Mazaya begin handover of real estate units

Owners of real estate at the Icon 1 and Icon 2 developments have begun to receive property from deve... Read more >>
Source: Adfero

Cityscape remain positive about GCC real estate

The Cityscape event organisers are remaining upbeat about the property market in the Gulf Cooperatio... Read more >>
Source: Adfero

UAE civil projects worth $698 billion ongoing

Proleads investigation identifies development projects and cash flow in decline but forecasts a... Read more >>
Source: Cityscape Intelligence

Rakbank bucks trend with 58% profit rise

Rakbank on Monday reported 58 per cent growth in its net profit to Dh635.98 million last year... Read more >>
Source: Gulf News

GCC to invest $70b in energy projects

The Gulf Cooperation Council (GCC) countries are expected to spend close to $70 billion i... Read more >>
Source: Gulf News

Over 111,000 residential units to be delivered in Dubai and Abu Dhabi by 2011

Over 111,000 residential units are expected to be delivered within Dubai and Abu Dhabi, with approxi... Read more >>
Source: MENA report.com

Additional capital to be provided in Abu Dhabi

The government in Abu Dhabi has announced it is to roll out an initiative which will see financial i... Read more >>
Source: Adfero

Investment in Egypt is picking up

Investors looking for opportunities are increasingly turning towards Egypt. Egypt is increasingly b... Read more >>
Source: Adfero

Rents to drop during the summer

Rental costs are expected to drop in Qatar's capital city over the course of the summer when the sup... Read more >>
Source: Adfero

Joint venture set up to build resort in Morocco

Vision3 is a joint venture set up to build a health resort in the city of Essaouira on the coast of ... Read more >>
Source: Adfero

Feedback on Qatar's National Development Strategy prepared

The General Secretariat for Development Planning (GSDP) is looking to engage stakeholders in feedbac... Read more >>
Source: Adfero

Deal signed to build energy city in Saudi Arabia

The Saudi Industrial Property Authority (Modon) is to work with the Dubai-based Oil Fields Processin... Read more >>
Source: Adfero

 

'Indian real estate to continue to feel pressure'

Indian real estate is to continue to feel the financial strain in the wake of the global credit cris... Read more >>
Source: Adfero

How a real-estate firm tries to buck the slump

The slump in the Indian real-estate industry has forced one of the country's largest real-estate dev... Read more >>
Source: Indian Express

Indian construction workers to be relocated

Up to 20,000 Indians are leaving Dubai during March as the number of projects being undertaken by co... Read more >>
Source: Adfero

We must demystify cities, says US prof

In densely populated Mumbai, where more than half its residents live in shanties, is constru... Read more >>
Source: The Times of India

Green Energy trust to spur renewable investments in India

GE Energy Financial Services and EPURON Pt... Read more >>
Source: Business Line

Development is turning Hyderabad into a 'bio-tech city'

India's Hyderabad is being turned into a bio-tech city by the increasing amount of development being... Read more >>
Source: Adfero

Nagarunja Construction to sell bonds

The Nagarunja Construction firm, a company based in India, has announced it is to sell a bonds issue... Read more >>
Source: Adfero

'Indian construction needs to be more sustainable'

The construction sector in India needs to adopt more sustainable building techniques, one real estat... Read more >>
Source: Adfero

Ansal Properties to invest in affordable housing

Indian real estate firm Ansal Properties has announced it is to invest Rs500 crore ($10.2 million) i... Read more >>
Source: Adfero

Government to take action against illegal property buyers

The government in India has announced it is to take action against foreign investors who are buying ... Read more >>
Source: Adfero

INVESTMENT WORLD: Malls morph into offices

As major retailers slam brakes on heady expansion plans opting... Read more >>
Source: Business Line

 

China's Bio-fuel Industry to Maintain Moderate Growth, Says Frost & Sullivan

Taking a look back at China's Bio-fuel Industry in 2008 and its market outlook for 2009 ~ SINGAPO... Read more >>
Source: PR Newswire

Malaysia attracted record FDI in 2008, not bullish about 2009+

Malaysia's foreign direct investment in the manufacturing sector ros...  Read more >>
Source: Japan Economic Newswire

Malaysian project worked on by Kohn Pederson Fox

US architecture company Kohn Pederson Fox (KPF) has announced details of the first real estate proje... Read more >>
Source: Adfero

'China's property environment to pick up during 2009'

The health of the real estate market in China is expected to pick up in 2009 after it bottoms out, o... Read more >>
Source: Adfero

Construction Permits Shrink in 2008

Construction permits in South Korea plunged nearly 20 percent in terms of floor space last year due ... Read more >>
Source: Korea Times

Steel complexes among biggest FDI projects in Vietnam

The launch of two steel producing plants was among the largest projects from foreign direct investor... Read more >>
Source: Adfero

South Korea government to help firms with debt

South Korea's government has announced it is to help ailing companies by introducing a debt workout ... Read more >>
Source: Adfero

'Hap Seng to look for real estate bargains'

Hap Seng, a Malaysian property speculator, is to look for investment opportunities in the Malaysian ... Read more >>
Source: Adfero

China's January inflation down to 1 percent

China's inflation fell to just 1 percent in January, giving Beijing more leeway to carry out... Read more >>
Source: Associated Press Alert

Angelo, Gordon & Co property fund seeks $1bn

Up to $1 billion worth of investment is being sought by the Angelo, Gordon & Co property fund II. A... Read more >>
Source: Adfero

Joint venture to develop Baqiao project announced

A new joint venture to work on the Baqiao project in China has been established. China Housing has ... Read more >>
Source: Adfero

 

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UAE Confirms Participation in Middle East Power Gen

UAE to participate in POWER-GEN Middle East
WAM - Emirates News Agency - Abu Dhabi, United Arab Emirates
ABU DHABI, Feb. 7th. 2009: Organizors of POWER-GEN Middle East, region's premier conference and exhibition for the power generation, transmission ''&'' distribution and water industries, today confirmed the participation of UAE and other Gulf countries in the event which is scheduled on February 17th.

Markus Giebel: Deyaar to Build Homes and Offices in Saudi Arabia

Deyaar eyes Saudi property ventures
GulfNews - Dubai,United Arab Emirates
Dubai: Deyaar Development, the property company that has put a quarter of its projects in Dubai on hold, is in "very advanced" talks to build homes and offices in Saudi Arabia as the company tries to expand beyond its home market.

The development will include residential properties to house about 10,000 people, CEO Markus Giebel said on Wednesday. ...

Middle East Electricity Opens on Sunday 8th February 2009

Middle East Electricity opens on Sunday.

Featuring over 1,000 exhibitors from 55 countries, the exhibition will be the largest meeting place for professionals interested in the power generation, lighting, water, nuclear and new & renewable energy sectors in the Middle East to date. Click here for the full list of exhibiting companies.

Visitors are invited to attend the seminar sessions taking place alongside the exhibition free of charge. Click here for the full Middle East Electricity Seminar Programme 2009.

Timetable for Sunday, 8th February 2009
Room 4.2 (Foyer of Hall 4)
12.00 – 13.00	Topic:	An Answer to prevent transformer explosion
	Speaker:	Mr Thomas Fernandes
	Company:	Sergi France
14.00 – 15.00	Topic:	ASTA & Intertek: Global Certification Services to help you build your future
	Speaker:	Craig Diack-Evans
	Company:	Asta/Intertek
15.30 – 16.30	Topic:	Services for testing & evaluation of equipment for industries and utilities
	Speaker:	Mr. A K Singh
	Company:	Electrical research and development association
17.00 – 18.00	Topic:	Silicone Technology for joints & terminations of high voltage power cables
	Speaker:	Mr. Ruben Vogelsang
	Company:	Brugg Kabel AG
Al Wasl Press Room (located between Halls 4 and 5)
14.30 – 18.00	Topic:	Advanced Developments at Dow Wire & Cable
	Speaker:	Dow Wire & Cable and Maillefer (various)
	Company:	Company: Dow Wire & Cable

Historic Hejaz-Istanbul Railway to be Restored

Saudi, Turkey To Restore Historic Hejaz Railway
Zawya
RIYADH: Saudi Arabia and Turkey have reaffirmed their desire to restore and rebuild the historic Hejaz Railway that linked Damascus with the holy city of Madinah by a narrow-gauge rail line. The Hejaz rail line was used by pilgrims traveling from Istanbul to the Prophet's Mosque via the Syrian capital. ...

Sharjah Municipality Committed to Complete its AED 1.5 Billion Ongoing Projects

Sharjah Municipality To Execution AED1.5B Projects
Sharjah, Feb. 5, 2009 (WAM) -- Sharjah Municipality (SM) remains committed to completing all ongoing development and infrastructure projects, which it is executing at a total cost of more than AED1.5 billion, it was disclosed by SMSM Director General, Salah Tahir Al-Hajj. ...

UAE Civil Construction Projects Worth $698 Billion Continues to Move Ahead

UAE Civil Projects Worth $698B Ongoing
Despite the negative impact on the United Arab Emirates of the global economic crisis, work on civil construction projects worth $698 billion continues to move ahead.
But the downturn is taking an increasing toll with more than half of all civil construction projects across real estate, infrastructure, leisure and entertainment now on hold, according to a detailed report published today, (5th February 2009). ...

Bernie Devine Appointed Group Chief Executive Officer

Majitek Appoints Industry Veteran as Group CEO
Maktoob - Dubai,United Arab Emirates
Majitek, the leading provider of software platforms for next generation service providers, announced today that it has named property industry veteran Bernie Devine as Group Chief Executive Officer and that it would open a Middle East base of operations in Dubai Internet City.

Middle East Electricity 8th-10th February 2009

The 34th edition of Middle East Electricity opens this Sunday - 8th February 2009 at Dubai International Exhibition Centre. The exhibition is open on Sunday from 10.30am to 7.00pm and on Monday and Tuesday from 10.00am to 7.00pm.

Middle East Electricity 2009 will be the largest showcase of power generation, lighting, water, nuclear and new & renewable energy products / services ever staged in the Middle East. The exhibition features over 1,000 exhibitors from 55 countries and will welcome in excess of 45,000 industry professionals.

French Electrical Diversity at Middle East Electricity 2009
Hall 2
Around forty French companies will be present at UBIFRANCE Pavilion to take part in the Middle East Electricity trade fair due in Dubai from February 8 to 10th. Thus, France ranks 5th among participating nations, mostly through SMEs, with the exception of big companies such as SAGEM, SOCOMEC, SDMO and the SICAME Group which represent numerous channel sub-sections: electricity generators, transport and distribution equipment, lighting systems, electrical modelling software, etc. To read more go to French electrical diversity at MEE 2009 in Dubai.

Dow Wire & Cable Presents Advanced Materials Solutions for Electric Power Cables
Stand ZH11
Dow Wire & Cable, a business unit of The Dow Chemical Company and its affiliates ("Dow"), will showcase advances in its portfolio of materials and technology solutions for medium, high and extra-high voltage power cables. Manufacturers of electrical power cables and power generation and distribution companies can meet Dow Wire & Cable's technical, marketing and commercial leaders at Stand ZH11 for an update on Dow products and solutions. To read more go to Dow Wire & Cable Presents Advanced Materials Solutions for Electric Power Cables at 2009 Middle East Electricity Exhibition

Massey Ferguson Powers up for MEE
Stand 2F38
Taking centre stage on the Massey Ferguson stand will be MF 138 and MF 275 standby power generating sets rated at 138kVA and 275kVA respectively. The MF 138 is housed within a "better than 80dB(A) at 1 metre" acoustic canopy while the MF 275 is a frame-mounted open generating set suitable for fixing onto any sound, level surface within or outside a building, or beneath a protective roof. Making its first public appearance at MEE will be Massey Ferguson's brand new Automatic Transfer Switch (ATS) with programmable digital controller for mains failure applications. To read more go to MASSEY FERGUSON POWERS UP FOR MEE

Hedrich vacuum systems presents manufacturing solutions for instrument transformers
Stand 1E18
At the Middle East Electricity Tradeshow in Dubai (February 8-10, 2009) Hedrich winding systems, a subsidiary of Hedrich vacuum systems, will present fully automated solutions for the manufacturing of windings for instrument transformers at booth # 1E18. Compared to conventional winding methods, the Hedrich solution decreases processing time and increases process quality at the same time resulting in significant competitive advantages. In Dubai, experts of Hedrich winding systems will be present to demonstrate the benefits of the equipment. To read more go to Middle East Electricity 2009: Hedrich vacuum systems presents manufacturing solutions for instrument transformers.