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Middle East Real Estate News
Newsletter from Eqarat.com
Issue No 344 - June 21, 2011
Dubai's Index wins tallest building award
Index, the 80-storey building developed by Union Properties in Dubai, has clinched the '2011 Best Tall Building' award for the Middle East and Africa region from the Council on Tall Buildings and Urban Habitat (CTBUH).
Tasweek in new fund management service
Abu Dhabi-based Tasweek Real Estate Marketing and Development, a leading property advisor and solutions provider, has incorporated Investment Fund Management (IFM) to its list of services.
Damac begins work on $138m residential tower
Damac Properties, a leading real estate developer, has commenced main construction works at its Dh508 million ($138.3 million) residential development at Dubai Marina.
Cityscape Jeddah ends on successful note
Cityscape Jeddah, a leading real estate event in Saudi Arabia, ended on a high note of success with a significant number of major projects launched and strategic agreements signed.
Abu Dhabi plans $1.9 billion for housing loans
Abu Dhabi has earmarked $1.9 billion from its 2011 budget for housing loans, the state news agency WAM said, after Crown Prince Mohammed bin Zayed Al-Nahayan called for measures to shore up "social stability".
GFH seals partnership with Indian developer
Gulf Finance House (GFH), an Islamic investment bank based in Bahrain, has signed a major partnership deal with India-based Wadhwa Group to develop a strategic zone in Mumbai.

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