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News Archive of September 2006 Page 1
Firm appointed for Al Raha Beach’s transport network
Aldar Properties has appointed renowned Paris-based engineering firm RFR, to design Al Raha Beach’s transport network.
Madain to unveil residential development in Dubai
Madain, the Dubai-based Sharia-compliant real estate investment company, is set to unveil its first major project a Dh860 million residential development in Dubai.
Emaar to finance Dubai Metro’s “Burj Dubai” Station
The Roads & Transport Authority (RTA) signed an agreement with EMAAR Real estate Company to finance the design and the construction of “Burj Dubai” Station in Dubai Metro’s Red Line to serve the real estate projects implemented by EMAAR.
3 year USD300m loan facility with banks signed by Sama
Sama Dubai, the international real estate investment and development arm of Dubai Holding, today announced it has successfully closed a three-year USD300 million loan facility with a consortium of eight leading banks.
Approval of contracts for vital projects in Dubai
H.H Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and ruler of Dubai, has approved the awarding of contracts for a number of vital projects.
IREF Middle East 2006 in Jeddah, Saudi Arabia
London-based conference group, ICG, is organizing a two-day conference, IREF Middle East 2006 in Jeddah, Saudi Arabia, between the 4th - 6th of November 2006 at the Jeddah Hilton.
Eight companies bid for Sorouh Real Estate projects
Sorouh Real Estate announced that it has short listed eight companies who will submit bids for the construction of the Golf Gardens project, a prominent real estate project in the emirate of Abu Dhabi.
Sama Dubai to exhibit projects at MIPIM Asia
Sama Dubai, the international real estate investment and development arm of Dubai Holding, will exhibit its latest development projects at MIPIM Asia, the world’s property market in Asia Pacific, from 27-29 September at the Hong Kong Convention and Exhibition Centre.
The Automobile and Touring Club to have new headquarters
The Automobile and Touring Club for the UAE is to have a permanent new headquarters in Dubai to centralise its control of motor sport in the Emirates as well as its services for motoring tourists and travellers.
Sama Dubai wins ‘World’s Leading Tourism Development’ award
Sama Dubai, the real estate and investment arm of Dubai Holding, today announced it has won the coveted ‘World’s Leading Tourism Development Project’ award for ‘Salam Resort and Spa - Bahrain’, one of the finest integrated, luxury resort developments in the world.
Elite International Investments opens shop in the UAE
Elite International Investments, one of the leading international real estate firms globally has arrived in the United Arab Emirates.
Palm Water awarded Nakheel contract
Palm Water LLC today announced that it had been awarded an AED 1 billion DBOO contract by Nakheel to design, build, own and operate (DBOO) a sewage treatment plant as well as sewage and irrigation networks that service the latter’s prestigious development at International City, Dubai.
Ground breaking ceremony for Danet Abu Dhabi project
His Highness Sheikh Mansour Bin Zayed Al Nahyan, Minister of Presidential Affairs, was the guest of honour of Eng. Salah Bin Omeir Al Shamsi, Chairman Al Qudra Holding, for the celebration of the ground breaking ceremony for the landmark project of Al Qudra Real Estate, the Danet Abu Dhabi project.
Tamweel to provide 97% finance for villas
Tamweel PJSC, UAE’s leading provider of home finance, today announced that it will finance 97 per cent of the market price for any villa from Emaar, Nakheel or Dubai Properties.
‘Velvet Service’ introduced by DAMAC Properties
Luxury lifestyle provider, DAMAC Properties, introduces today the ‘Velvet Service’, thus providing the highest benchmark in luxury within United Arab Emirates property sector.
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