Tuesday, February 3, 2009

New Contractor for Dubai Lagoon Project

Lagoon project gets new contractor
GulfNews - Dubai, United Arab Emirates
Dubai: The new contractor for Schon Properties' Dubai Lagoon project is set to be announced next week, the developer has confirmed to Gulf News.
While Gulf News is aware of the identity of the new contractor - courtesy of Nasir Schon, co-chairman of Schon Properties - the name cannot be released until the contract has been signed. ...

Emaar Buys Out Emaar Turkey

Emaar buys out Emaar Turkey
AME Info - United Arab Emirates
Emaar Properties PJSC will start a new chapter in its growth story in 2009 by evolving strategies to face the challenges posed by the global financial crisis and exploring new opportunities, said the company chairman Mr Mohamed Alabbar. ...

Pakistan Gets Free Power Plant from UAE

UAE donates power plant to Pakistan
Times of India - India
Dubai: The government of United Arab Emirates (UAE) has donated a power plant of 320 MW capacity to the people of Pakistan to help them overcome

their current energy crisis. ...