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Issue No 294 - 12 Jan 2009
 
 
Al Fajer inks key JBC aluminium, glass orders
Dubai-based Al Fajer Properties has awarded aluminum and glass orders worth Dh245 million ($66.8 million) for its world class Jumeirah Business Centre (JBC) towers projects. more
 
Adnif readies funding for SinoGulf tower
Abu Dhabi National Islamic Finance (Adnif), the Islamic banking division of National Bank of Abu Dhabi (NBAD), has arranged an Dh334 million ($91 million) facility for SinoGulf Investments’ commercial tower project in Capital Centre. more
 
 
Dar mulls sale of real estate unit stake
Kuwait's Investment Dar, the country's biggest Islamic investment firm, is considering selling a stake in real estate affiliate Oqyana, a newspaper said on Thursday. more
 
ADIA appoints new real estate chief
Abu Dhabi Investment Authority (ADIA), the world's largest sovereign wealth fund, said on Thursday it has appointed Bill Schwab as global head of real estate. more
 
DREI launches course on Dubai Strata Law
Dubai Real Estate Institute (DREI), the first and leading comprehensive institute for real estate education in the Middle East offering high quality programs, has launched a new course on ‘Implementing Dubai Strata Law’. more
 
Wasl appoints three service providers
Wasl, the asset management group owned by Dubai Real Estate Corporation (DREC), has appointed BK Gulf, Operon Middle East and Imdaad as exclusive facilities management service providers for 778 villas and 32 mixed-use buildings at various locations in Dubai. more
 
Damac ‘XL Tower’ rises at Business Bay
Luxury lifestyle provider Damac Properties has announced that its XL Tower, a modern and elegant commercial tower located at Business Bay has reached the Podium 3 level.more
 
DIP launches Luxury ‘Sunset’
Dubai Investment Properties (DIP), one of the leading real estate developers in UAE, has announced the launch of its exclusive multi-million ‘Sunset’ mixed-use development project in Dubai. more
 
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