May 12, 2008
The first plans for Abu Dhabi’s new downtown financial district were unveiled by developers Mubadala Development and John Buck International of the US.The Sowwah Square district, situated on Sowwah Island between Reem Island and the main island of Abu Dhabi, will be the core of a new business and financial centre for the emirate and a prominent commercial district for the country.The project will house the Abu Dhabi Securities Exchange as its main tenant and include four high-rise office towers, hotels, restaurants ... Read More
May 12, 2008
Zaya, a dynamic newly-formed Abu Dhabi-based real estate company has launched its first of many property ventures; Nurai, a spectacular private community of limited edition resort beach-front estates and water villas on a natural island off the coast of Abu Dhabi.
Source: albawaba.com – Her name is Nurai: by Zaya. Read More
May 12, 2008
The UAE real estate market is facing a massive shortage in residential units - and it will only get worse in the coming years, a property executive has warned.
Read more @ the Source: ArabianBusiness.com – UAE facing 300,000 housing shortfall by 2017 Read More
May 12, 2008
WAM Al Ain, May 12th, 2008 (WAM)--HH Sheikh Tahnoon Bin Mohammad Al Nahyan, ruler's representative in the eastern region, lauded the tireless efforts of President HH Sheikh Khalifa bin Zayed Al Nahyan, in development of the UAE and emirate of Abu Dhabi in all fields.The comments were made by Sheikh Tahnoon Bin Mohamed Al Nahyan, while briefing HE Sheikh Sultan Bin Tahnoon Al Nahyan, member of the Executive Council, chairman of Abu Dhabi Tourism Authority and Chairman of ADNEC, in the presence ... Read More
May 12, 2008
In line with international best practice in the construction industry, the Dubai Multi Commodities Centre (DMCC) today announced that it has adopted a Project Partnering Contract (PPC) model for its forthcoming DMCC Business Park development in Dubai. The project consultants for the DMCC Business Park include Norr Group Consultants International Ltd. as the lead designer/architect, K Home International Ltd. as the client representative, Hanscomb Consultants Inc. as the consultant and Al Futtaim Carillion LLC as the constructor. All the consultants signed a ... Read More
May 12, 2008
Roads and Transport Authority officials kept a tight lid on testing of its first Dubai Metro train amid one of its first mechanical trips Monday.Splashed in blue and silver paint, a five-car metro train set pulled out of the Jebel Ali Station this morning and made a cruising-speed run southward to the JAFZA Station. The Dubai Metro is set to officially open Sept. 9, 2009
SOURCE: Xpress: News - Track test starts for Dubai Metro. Read More
