Archive for September, 2008

Dubai Waterfront property contract bagged by Arabtech Construction

Monday, September 29th, 2008 Posted in Dubai Real Estate, Dubai Real Estate News | No Comments »

A letter of intent (LoI) has been sent to Arabtec Construction, a subsidiary of Arabtec Holding, by Sunland Group (Dubai) to build The Atrium at the Waterfront, the new Madinat ... Read more..

Dh 600mn worth real estate property to come up within Ajman Uptown

Monday, September 29th, 2008 Posted in Business, Dubai Real Estate, Dubai Real Estate News | No Comments »

Dubai's renowned property service provider, Sweet Homes will build a Dh 600 million Hotel and Serviced Apartments property within ‘Ajman Uptown', a Dh 3 billion real estate development currently under ... Read more..

Khuyool Investments to display 4 real estate projects at Cityscape Dubai

Monday, September 29th, 2008 Posted in Business, Dubai Real Estate, Dubai Real Estate News | No Comments »

Khuyool Investments, one of the fastest growing property development firms in the region, will highlight 4 of its major developments during the 7th edition of Cityscape Dubai to be held ... Read more..

Dubai soon to have sustainable city shaped like pyramid

Monday, September 29th, 2008 Posted in Business, Dubai Real Estate, Dubai Real Estate News, Eco-Friendly | No Comments »

Timelinks, Dubai-based real estate developer is all set to address issues as such population growth in Gulf cities, the pressures on infrastructure and the environment carbon neutral solution, with the ... Read more..

One more falls to the charm of Dubai real estate market

Monday, September 29th, 2008 Posted in Business, Dubai Real Estate, Dubai Real Estate News | No Comments »

Dubai-based investment real estate firm, Meraas Holding, entered Dubai real estate market with an aim to build properties, epitomizing sustainability and quality of international level. Meraas Holding Chairman HE Abdulla Ahmed ... Read more..

Ajman offers buyers affordable housing options

Monday, September 29th, 2008 Posted in Dubai Real Estate, Dubai Real Estate News, UAE Real Estate | No Comments »

In spite of the recurrent global financial crises, the UAE is registering impressive growth in all spheres of developmental activity. Rapid urbanization and industrialization have triggered a population boom in ... Read more..

Cityscape Dubai 2008, real estate exhibition, to be held from Oct 6-9

Monday, September 29th, 2008 Posted in Business, Dubai Real Estate, Dubai Real Estate News | No Comments »

UAE's leading real estate developer, Dubai Properties, will unveil details regarding new projects and project existing developments at Cityscape Dubai 2008, one of the biggest property investment and development events ... Read more..

Dubai real estate market unlikely to crash: Nakheel Chief Executive

Monday, September 29th, 2008 Posted in Business, Dubai Real Estate, Dubai Real Estate News | No Comments »

Real estate market of Dubai will not crash, however, a maturing market will draw the line between winners and losers, Nakheel's chief executive said. Chris O'Donnell said: "Dubai has certainly entered ... Read more..

The Vantage to be iconic real estate development at Dubai Waterfront

Monday, September 29th, 2008 Posted in Business, Dubai Real Estate, Dubai Real Estate News | No Comments »

Cirrus Developments LLC , one of the fastest growing real estate developers in Dubai, has launched Dh2 billion landmark tower, The Vantage, on a prestigious plot in The Waterfront. The ... Read more..

Dubai World Security to provide integrated security for The World islands

Monday, September 29th, 2008 Posted in Dubai Real Estate, Dubai Real Estate News | No Comments »

Dubai World Security , the security solutions arm of Dubai World, and master real estate developer Nakheel, has signed a major Marine Security Services contract aimed at providing end-to-end marine ... Read more..

Indian art offers alternative investment

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

NEW DELHI : Indian art might be just the solution for investors seeking a safe haven at a turbulent time. Take a vivid landscape by avant-garde artist ... Read more..

Sindh’s resources being plundered by corruption

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

HYDERABAD: Sindh United Party has condemned the proposed privatisation of mineral resources of Sindh such as gas, oil, coal and other resources to extricate the country from the economic ... Read more..

Easier conditions on cotton market

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

KARACHI, Sept 27: Cotton prices on Saturday eased further as ginners lowered their asking prices followed by reports of steady phutti arrivals into the ginneries. Market sources said ginners were not ... Read more..

ADB gets tax relief

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

ISLAMABAD, Sept 27: Federal Board of Revenue (FBR) has exempted the Asian Development Bank (ADB) from payment of all taxes, including payment and collection of withholding taxes. The decision was taken ... Read more..

CDC to go public next year

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

KARACHI, Sept 27: The Central Depository Company (CDC) would seek listing at the three stock exchanges in the country in January 2009. The mandate to act as lead manager for the ... Read more..

Govt to launch new Rozgar scheme next month

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

KARACHI, Sept 27: The President’s Rozgar Scheme launched by Musharraf-Shaukat government under the auspices of public sector National Bank of Pakistan in 2006-07 is being given a new name, People’s ... Read more..

Power failures irk shoppers

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

KARACHI, Sept 27: Fragile KESC system, which often breaks down in this cosmopolitan city, increased consumption of electricity during Eid days, power thefts and unannounced load-shedding by the power utility ... Read more..

Shopping a challenge for middle, lower class

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

KARACHI, Sept 27: With no respite in inflation sans any real increase in household incomes and devaluation of the rupee turning imported items more costly, the middle and lower middle ... Read more..

Sale volumes reduce to half in Multan

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

MULTAN, Sept 27: The business community in Multan is worried at slow business activity. This year’s Eid business volume has been estimated to be 40 to 50 per cent less ... Read more..

Faisalabad Price hike upsets Eid budgets

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

FAISALABAD, Sept 27: Customers on a shopping spree at different markets of this textile capital of Pakistan have urged the government to form price control committees for non-food items, like ... Read more..

Markets wear deserted look in Quetta

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

QUETTA, Sept 27: The local markets are usually at the busiest in the last 10 days of Ramazan, but shopping for Eid festival, which is just four days away, has ... Read more..

Anxious shopkeepers await customers in Peshawar

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

PESHAWAR, Sept 27: There is still a buzz in shopping centres ahead of Eidul Fitr as if all is well in this part of the country. Shops illuminated with colorful ... Read more..

Inflation dampens Lahori shoppers spirit

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

LAHORE, Sept 27: The energy and food price inflation can be blamed for taking the shine off Eid shopping in the Punjab capital this year. “There are fewer people out in ... Read more..

Markets take the brunt of terror scare

Sunday, September 28th, 2008 Posted in Business, News | No Comments »

KARACHI, Sept 27: Traders offered a mixed view on the quantum of Eid-related sales. Some say the first 20 days of Ramazan recorded normal sales, while others declare that overall ... Read more..

‘Friends’ unveil initiative to avert collapse: Over $15bn needed

Saturday, September 27th, 2008 Posted in Business, News | No Comments »

NEW YORK, Sept 26: A permanent forum was launched in New York on Friday to help raise billions of dollars to avert a possible economic collapse in Pakistan. The forum, which ... Read more..