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Issue No 283 - 15 Sep 2008
Eqarat.com to launch $169m Oman project
Eqarat.com, a total solutions provider to real estate sector, is set to launch first phase of ‘Al Qaser’, a RO65 million ($169 million) themed residential community project being developed by Arabian Gulf Gate Investment (AGGI) in Oman. more
Dubai property shares slump exposes investor doubts
Leading Dubai property shares plunged to new lows on Wednesday laying bare the doubts surrounding this previously booming sector, with analysts uncertain over how much further it could still fall. more
Tamweel reassures investors after new probe
Dubai's Tamweel said on Wednesday the detention of its deputy chief executive for questioning by Dubai police would not affect its operations and financial performance. more
Dubai Properties unveils Babil at Paris show
Dubai Properties recently hosted an exclusive event in Paris to showcase its latest residential development ‘Babil’ at the Dh50 billion ($13.6 billion) Culture Village. more
Sama Dubai launches $25bn Tunisia project
Sama Dubai, the property unit of Dubai Holding, has begun work on Tunisia's biggest investment project, a $25 billion real estate development expected to create 350,000 jobs, a senior executive said. more
Dr Al Fahim honored in the US
The State of California Senate has honored Dr Sulaiman Al Fahim, CEO of Hydra Properties, with an award titled "2008 Real Estate Developer of the Year and The Outstanding Business and Community Achievements as CEO of Hydra Properties". more
Nobles announces $500m Libya project
Upcoming real estate developer Nobles Properties has launched the $500 million Tripoli Towers in Libya, a report said. more
Tiger Properties unveils deluxe towers
Tiger Towers, a luxurious project on the Dubai Waterfront, is the latest development from real estate major Tiger Properties, a report said. more
Aconex solutions for $650m Villamar
Gulf Holding Company has selected Aconex to provide its online information management solution to the $650 million Villamar at the Harbor development at Bahrain Financial Harbor.more

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Tel: +971 4 331 3122, Fax +971 4 331 3126


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