Dubai Municipality to complete 10 prestigious projects

Eng. Hussain Nassir Lootah, Director General of Dubai Municipality, has said that the civic body is in great confidence to accomplish the two ambitious tourism projects, the Dubai Safari and Dubai Frame by the end of 2014.

In addition eight high-tech specialized markets across the different areas of the emirate are being developed aiming to decentralize the business activities to more spacious and comfortable places enabling the visitors of the emirate, tourists and residents meet their shopping requirements away from the traffic congestion of the city.

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Abu Dhabi launches investment, recreational and service projects in partnership with private sector

The Municipality of Abu Dhabi City is braced for launching a host of property developments and service projects capable of bolstering the municipal assets in tourist, recreational and business fields.

The projects are set to be undertaken in partnership, cooperation and integration with the private sector under the Build, Operate ‘&’ Transfer (BOT) model, without involving the allocation of any public funding for the implementation of these projects. Read more

Emaar approaches contractors for two projects in Dubai

Emaar has announced plans to launch new projects in Dubai this year

Emaar Properties PJSC plans to start and restart building two residential developments in Dubai, according  to various media sources.

It is very much possible the developer to restart previously shelved projects. Back in 2009, Emaar reportedly put on hold 13 projects due to lack of investors’ interest. The property downturn had forced many developers to allow investors who have already paid deposits to transfer them to developments that progressed ahead as planned. Therefore, few of Emaar’s Downtown projects have been shelved, including: M-Burj, The Mansions, Burj Place, Grand Boulevard, 18 Boulevard, Burj Park and Claren Phase 2 projects. Read more

Qatar Projects 2012 takes place this week

Al Jaber & Partners (AJP), part of the Al Jaber Group – UAE and one of Qatar’s leading Infrastructure and Energy contractors is a Bronze Sponsor of Qatar Projects 2012. Qatar Projects takes place at Grand Hyatt hotel from 5-8 February 2012 and is set to provide critical insights into opportunities in the energy and infrastructure projects sector. Read more

Middle East injects US$180 billion into 113 new power, water, energy projects

New power, water, and energy projects valued at US$180 billion are underway or at the planning stages in the Middle East, as the UAE forges ahead with 20 projects worth US$34.2 billion.

Spearheaded by the US$20 billion Nuclear Power Plant in Abu Dhabi, which began construction late in 2011, the UAE will be one of the most active markets in the power, water and energy sectors over the next two years, at a time when power demand across all GCC countries is expected to grow 8 to10 per cent annually. Read more

New construction projects in Abu Dhabi

A number of new development projects have been approved today for the emirate of Abu Dhabi, especially in the areas of social services, housing, health and education. This is in keeping in line with the Government’s priorities in providing a dignified life and adequate housing for all citizens, reports the official news agency WAM. Read more

Emaar special sales event for Saudi projects at The Dubai Mall

Special pavilion to feature Jeddah Gate and Al Khobar Lakes developments

Emaar Middle East, a subsidiary of Emaar Properties PJSC, is showcasing its flagship lifestyle community developments in Saudi Arabia at a special roadshow and sales event to be held from January 19 to 26, 2012 at The Dubai Mall. Read more

Abu Dhabi Louvre, Guggenheim museums delayed

The Abu Dhabi based branches of the Louvre and Guggenheim museums could now open at least a year later than planned, according to a statement by TDIC.

A new timetable revealed on Saturday indicates  signs of difficulties in the development of the ambitious Saadiyat Island cultural district project. Read more

Emaar launches Dawahi Development to develop ‘value housing’ projects

Emaar Properties PJSC, the global property developer of iconic projects, today announced the launch of its new wholly-owned subsidiary, Dawahi Development, a next-generation developer of ‘value housing’ projects within full-service community developments.

Dawahi Development will function as a separate entity with a dedicated management team and professional staff members focused on value housing projects across the Arab world. Read more

Khalifa Fund announces commitments of AED 600 million made to 367 projects since inception

His Highness Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, highlighted the interest of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, in the human race in the UAE, and to provide all resources necessary to raise the level of social welfare for citizens.

This statement came during the Fourth Annual Ceremony of the Khalifa Fund for Entrepreneurship, currently being held under the patronage of HH Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed forces. The event brings together 33 projects funded by Khalifa Fund for Enterprise Development this year. Read more

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