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Issue No 310 - 03 Nov. 2009
DIP to complete tower ahead of schedule.
Dubai Investment Properties (DIP), a leading real estate developer, announced that its ‘Single Business Tower’, which is located off Sheikh Zayed road, will be completed at the end of November, four months ahead of the planned date of March 2010.more
Dubai Holding CEO takes helm at property unit
Dubai Holding's chief executive took the helm of its property unit in a move likely aimed at assuring investor confidence after the division's chairman was ordered by a Dubai watchdog to face questioning over suspected wrongdoings.more
DPG launches Phase-II of Shorooq Mirdiff
Dubai Properties Group (DPG), a member of Dubai Holding, announced the launch of Phase-II of its Shorooq community, following an overwhelming demand for the competitive leasing rates and convenient location offered by the Mirdif villas. more
Damac twin towers at DIFC reach top floor
Luxury lifestyle provider Damac Properties has announced that its iconic DIFC twin tower development Park Towers will reach the top floor this month.more
GHC set to list shares despite global turmoil
Gulf Holding Company (GHC) plans to go ahead with the listing of the company's shares on the Kuwait Stock Exchange despite the current global crisis, a top official said. more
Aldar makes land sales in Q3, boosts profit
Abu Dhabi-based Aldar Properties made a third-quarter net profit of 430 million dirham ($117.1 million), boosted by its first land sales this year, its chief financial officer said.more
Deyaar to start developing projects in 2010
Dubai developer Deyaar, which on Monday announced it had cut 20 per cent of its workforce, said it will re-start developing projects in 2010 and set up co-investment funds for its overseas expansion plans.more


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