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Sharjah to Spend Dh1.24 billion on
sewage treatment and roads
Emaar to showcase US$100b global portfolio at Cityscape
Aldar raises Dh7b for project funding
DWTC plans two multi-billion dollar commercial developments
Mohammed bin Rashid commissions trial operation of Dubai Metro
Jebel Ali sewage water pumping station to be ready by mid 2009
The tallest man-made edifice on earth continues to rise in Dubai
Mohammed bin Rashid inspects a number of projects in Dubai
Abu Dhabi and golf firm team up to boost tourism
Nakheel to maintain water quality at Palm
Bab Al Bahr's piling works completed ahead of schedule
Capital Centre reveals landmark towers
Abu Dhabi's DPE releases building material index
Green building code in Dubai from next year
Abu Dhabi infrastructure and real estate investments to reach Dh200 billion by 2012

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Sharjah to Spend Dh1.24 billion on
sewage treatment and roads
Posted on 05/10/2008

The Sharjah government has allocated Dh1.24 billion to finance the expansion and completion of sewage treatment and road construction projects. Dr Salah Al Haj, Director-General of the Sharjah Municipality, announced on Thursday that the amount has been approved by His Highness Dr Sheikh Sultan bin Mohammed Al Qasmi, Member of the Supreme Council and Ruler of Sharjah, to develop infrastructure projects in the emirate. He said Dh100 million of the total amount would be allocated to fund the ...  >>MORE



Emaar to showcase US$100b global portfolio at Cityscape
Posted on 03/10/2008

Emaar Properties, one of the world's largest property developers, is highlighting its presence at Cityscape Dubai 2008 with a never-before global portfolio. Exhibiting projects from nine of its key global markets including Saudi Arabia, Egypt, Syria, Jordan, Morocco, Turkey, Canada, India and Pakistan, for the first time ever, Emaar will present projects of over Dh367 billion (US$100 billion) in development value at the premier property expo to be held at the Dubai International Convention ...  >>MORE



Aldar raises Dh7b for project funding
Posted on 02/10/2008

Abu Dhabi-based real estate developer Aldar Properties PJSC has borrowed Dh6.98 billion (US$1.9 billion) this financial year for project funding, a top-ranking company executive said on Wednesday. "The money has been raised through the capital markets and bilateral facilities. It will be utilised to develop our ongoing projects in the emirate of Abu Dhabi," Shafqat Malek, Aldar's chief financial officer, told Gulf News in an interview. Last year, Malek said Aldar, one of the largest companies ...  >>MORE



DWTC plans two multi-billion dollar commercial developments
Posted on 25/09/2008

Two multi-billion dollar large-scale commercial destinations, incorporating exhibition areas and financial and business districts, have been announced by the Dubai World Trade Centre (DWTC). The two projects – Dubai Trade Centre Jebel Ali and Dubai Trade Centre District – will be built to expand Dubai's infrastructural capabilities, enabling growth of the emirate as a global destination for events, networking, business and lifestyle, the DWTC said and added they will be two of the most ...  >>MORE



Mohammed bin Rashid commissions trial operation of Dubai Metro
Posted on 21/09/2008

Vice President and Prime Minister of UAE and Ruler of Dubai H.H. Sheikh Mohammed bin Rashid Al Maktoum yesterday launched the trial operation of Dubai Metro which ran for 11 kilometers between Jebel Ali Station and Ibn Battuta Mall Station. Sheikh Mohammed was accompanied by H.H. Sheikh Hamdan bin Mohammed bin Rashid al Maktoum, Crown Prince of Dubai; H.H. Sheikh Maktoum bin Mohammed bin Rashid al Maktoum, Dubai Deputy Ruler; H.E. Mohammed Abdullah Al Gergawi, Minister of State for Cabinet ...  >>MORE



Jebel Ali sewage water pumping station to be ready by mid 2009
Posted on 17/09/2008

Dubai Municipality has completed more than 58pc of the work of setting up the new sewage water pumping station at Jebel Ali, which is being set up at a cost of Dh195 million. The project, fifth biggest of the ongoing projects of the Municipality's Drainage and Irrigation Department, also includes setting up of necessary supporting pipelines. The project is part of the ongoing project of the main sewage water treatment plant at Jebel Ali and its huge pipe network and pumping stations. 'The ...  >>MORE



The tallest man-made edifice on earth continues to rise in Dubai
Posted on 02/09/2008

Burj Dubai, the iconic tower being developed by Emaar Properties PJSC, has reached a new record height of 688 meters (2,257.2 ft). The tower became the world's tallest after surpassing North Dakota, USA's KVLY-TV mast (628.8 metres; 2,063 ft) in April 2008. Currently at over 160 storeys, the tower also has the largest number of floors in any building. When completed, Burj Dubai will meet all four criteria listed by the Council on Tall Buildings and Urban Habitat (CTBUH), which classifies the ...  >>MORE



Mohammed bin Rashid inspects a number of projects in Dubai
Posted on 28/08/2008

Vice President, Prime Minister of UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum, visited yesterday Dubai Municipality (DM), where he inspected designs of infrastructure projects being executed by DM. Sheikh Mohammed was received by engineer Hussein Lootah, acting DM director general, directors and heads of departments and sections. He was briefed about quality of services being rendered to public. Sheikh Mohammed was also briefed about the project of green buildings, which he ...  >>MORE



Abu Dhabi and golf firm team up to boost tourism
Posted on 27/08/2008

World-class golf courses could be developed in some of the most remote parts of the emirate to help boost tourism, it was revealed yesterday. A new alliance between the Tourism Development and Investment Company (TDIC) and Troon Golf, the world's largest golf course management company, will promote the emirate as a future top golfing destination. Improving the standard of golfing facilities across the emirate is a priority, with new golf developments likely to be built in Al Gharbia and near Al ...  >>MORE



Nakheel to maintain water quality at Palm
Posted on 27/08/2008

Floating booms will prevent reclamation foam from reaching swimming areas around the Shoreline Apartments, a Nakheel spokesperson told Emirates Business yesterday. Residents of the apartments were recently given letters from the developer warning them of fine sediment in the waters. In July, Nakheel revealed the new home for the world famous cruise liner, QE2, as the anchor of its marina development on the eastern trunk side of Palm Jumeirah. The site is midway down the shoreline boulevard ...  >>MORE



Bab Al Bahr's piling works completed ahead of schedule
Posted on 21/08/2008

Rakeen has announced that it has completed the piling works for half of the residential component of the Bab Al Bahr and is set to proceed with the construction of the residential units. Rakeen emphasized that the unobstructed workflow has been a significant success after a critical shortage of building materials as well as sharp increase in prices have affected several construction projects across the region. Rakeen also reported that main contractor Al Hamra Construction Company will start ...  >>MORE



Capital Centre reveals landmark towers
Posted on 20/08/2008

Abu Dhabi National Exhibitions Company (ADNEC) has revealed two distinctive commercial and residential towers by SinoGulf Investments that architecturally mimic the movement of sand dunes. The towers will be key features of the Dh8 billion Capital Centre development underway surrounding Abu Dhabi National Exhibition Centre. Designed by world-renowned architects, Woods Bagot, the towers represent the abstraction of dune sand lines when the desert breeze blows. The concept design has been based ...  >>MORE



Abu Dhabi's DPE releases building material index
Posted on 17/08/2008

The Department of Planning and Economy (DPE) - Abu Dhabi yesterday released the second edition of the Building Materials Index in a bid to check any price manipulation by some vendors. DPE said the current boom in the construction sector worldwide has brought about a corresponding increase in the prices of building materials in the emirate. It expressed hopes that "project owners will find this index useful as it will keep them informed about pricing trends. "This information will further ...  >>MORE



Green building code in Dubai from next year
Posted on 12/08/2008

All buildings coming up in Dubai from next year will have to comply with the ‘Green' building standards of the Dubai Municipality (DM) failing which the building plans will not be passed, Issa Al Maidour, Assistant Director-General for Planning and Building Affairs, said on Monday. The municipality is preparing a legislative framework, termed 'Green Building Code', for the developers, contractors and consultants to follow. 'All building plans coming to us from next year must comply with the ...  >>MORE



Abu Dhabi infrastructure and real estate investments to reach Dh200 billion by 2012
Posted on 11/08/2008

Infrastructure and real estate investments in Abu Dhabi are expected to reach Dh200 billion by 2012, according to latest studies, as a result of the government's efforts to fill in the gap in the supply for residential units within the UAE capital. The formation of Abu Dhabi Commercial Properties, in addition to various initiatives to fine-tune its real estate regulations, is also driving the growth of the market, which is expected to welcome 140,000 housing units by 2013. As the market ...  >>MORE

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