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Dubai Property Prices to fall by 2011 Tamweel announced that it expects higher growth in 2008 Realty Capital cooperates with Al Naboodah to boost i-Rise |
News Archive of October 2006 Page 2
Al Qudra and Abraaj Capital announce strategic alliance
Al Qudra Holding has acquired a share percentage of Abraaj Capital, the leading Financial and Investment Company in the Middle East, as part of approximately 15 important regional and international institutions, together raising the total value of the firm to 1Billion USD.
MIDAS buys U-Bora commercial tower in Business Bay
Dubai Properties and South Korea’s Bando Engineering & Construction announced today that MIDAS International Asset Management Co. Ltd has purchased the commercial component of U-Bora Towers.
Emaar Property Services to scale up property services
Emaar Property Services, the specialist property management arm of real estate major Emaar Properties, has joined hands with premier UK-realtor Hamptons International to share strengths in operations, service support and product sales.
Record net profits by RAK Properties announced
RAK Properties PJSC, Ras Al Khaimah’s largest property developer, has announced record net profits for the 9-month period ending September 30, 2006 of AED 376.6 million, accounting for 18.8 per cent of the company’s capital of AED 2 billion.
Tameer Holding takes part in Hong Kong exhibition
The region’s leading real estate developer, Tameer Holding recently partook in the MIPIM Asia Exhibition that was held between the 27th and 29th September in Hong Kong.
ETA Star launches Home Buying Tips campaign
ETA Star, a leading property developer in the UAE, has announced the launch of a Home Buying Tips campaign, a first-time initiative from a developer in the region.
Dubai Holding’s Sama Dubai commissions snap poll
According to a snap poll of 100 key real estate industry decision makers commissioned by Sama Dubai, the international real-estate investment and development arm of Dubai Holding at Asia’s premier property expo held in Hong Kong.
GFH announces launch of 1st phase to Morocco project
Gulf Finance House (GFH) today announced the launch of the 1st phase of the USD 1.4 billion Gateway to Morocco project in the Kingdom of Morocco.
Poggenpohl designer kitchens for Wadi Walk
In line with their ethos of delivering a superior product, the Ilyas & Mustafa Galadari Group, developers of the ‘City of Arabia’ have commissioned renowned kitchen designers, Poggenpohl, to fit the kitchens in their up market Wadi Walk apartments.
Zabeel acquires stake in Asteco Development
Zabeel Investments, the UAE-based multi-diversified investment company, has acquired a significant stake in Asteco Development Management, the real estate development management arm of the Asteco Group of Companies.
ALDAR Properties awards Al Raha Gardens contract
ALDAR Properties PJSC today confirmed that it has awarded the contract for the construction of the road network to service Al Raha Gardens, and the surrounding areas, to Abu Dhabi General Transport Company (GTC).
Companies forming alliances to bid for Fujairah II project
International companies are forming alliances as the deadline nears for submission of expressions of interest (EoI) for Abu Dhabi’s Dh11 billion ($3 billion) seventh independent water and power project (IWPP), Fujairah II, officials said.
Aldar Properties to borrow $4 billion for new projects
Aldar Properties, the third-largest Gulf Arab real-estate developer by market value, said it plans to borrow as much as $4 billion to fund projects in the UAE and abroad.
New headquarters for Dubai Properties by mid 2007
Dubai Properties announced today that it will move into its new headquarters by mid 2007.
Emirates Sunland Group to develop high profile projects
World class property developers, Sunland Group Limited (Australia) has established a 50: 50 partnership with UAE based Emirates International Holdings to be known as Emirates Sunland Group, with offices in Dubai.
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