Archive for February, 2009

Abu Dhabi to have space centre soon

Saturday, February 28th, 2009 Posted in People & Places | 1 Comment »

Abu Dhabi will soon set up the largest space centre in the Middle East and North Africa (MENA) that will receive, analyse and utilize data from satellites orbiting the earth. ... Read more..

Abu Dhabi announces metro network for the emirate

Saturday, February 28th, 2009 Posted in People & Places | No Comments »

Abu Dhabi, following in the footsteps of Dubai, has announced plans to build a metro network. The Abu Dhabi Department of Transport has invited leading international consultancies to prepare a ... Read more..

Dubai-based realtor allies with Housing and Development Bank of Egypt

Saturday, February 28th, 2009 Posted in Dubai Real Estate News | No Comments »

Dubai-based real estate developer, Damac Properties with five property developments across Egypt, said it had entered into an alliance with the Housing and Development Bank of Egypt. Read more..

KARACHI: Pending housing projects in Gwadar irk investors

Friday, February 27th, 2009 Posted in Pakistan Real Estate News | No Comments »

KARACHI: The future of real estate projects in Gwadar seems bleak as the government continues to pay little heed to the scams rampant in the region. Read more..

54 mega projects: Friends of Pakistan help sought

Friday, February 27th, 2009 Posted in Business | No Comments »

Pakistan has sought assistance from Friends of Pakistan (FoP) for 54 mega development projects, including 8.4 billion-dollar Diamer Bhasha dam, and Neelum Jhelum hydropower project. According to the sources here ... Read more..

Government providing friendly atmosphere to investors

Friday, February 27th, 2009 Posted in Business | No Comments »

Federal Minister for Population Welfare, Dr Firdous Ashiq Awan, has said that foreign investors are coming in Pakistan for investment because of a conducive atmosphere in Pakistan. Read more..

Dubai boat show witnesses 45% growth in super-yachts

Thursday, February 26th, 2009 Posted in Business, People & Places | No Comments »

Dubai: The Dubai International Boat Show (DIBS) 2009 will feature a 45 per cent growth in super-yachts on display. One of the fastest growing sectors in the regional marine industry, the ... Read more..

Monthly progress reports for 875 projects

Thursday, February 26th, 2009 Posted in Dubai Real Estate News | No Comments »

Dubai: Dubai's Real Estate Regulatory Authority (Rera) will plot the progress of every single project underway in Dubai on their website starting next week. "There will be a monthly report for ... Read more..

Taiser Town Scheme people face hardship in getting allotment letters GHULAM ABBAS

Wednesday, February 25th, 2009 Posted in Pakistan Real Estate News | No Comments »

KARACHI (February 25 2009): Thousands of allottees of Taiser Town Housing Scheme-45 of Malir Development Authority (MDA) are facing acute negligence by the Authority as after payment they are ... Read more..

British investors to stay in Pakistan: Brinkley

Wednesday, February 25th, 2009 Posted in Business | No Comments »

KARACHI (February 25 2009): The United Kingdom on Tuesday assured that over 100 British companies operating in Pakistan would not pull out their investment from the country, which sees the ... Read more..

PM saves the day for CDA chief

Wednesday, February 25th, 2009 Posted in News | No Comments »

Prime Minister Syed Yusuf Raza Gilani inaugurated the state-of-the-art 17 million gallons per day capacity sewage treatment plant (STP) in Sector I-9/1 here on Tuesday morning. Read more..

$200mn worth wholesale property, Dubai Food City, planned in Dubai

Wednesday, February 25th, 2009 Posted in Dubai Real Estate News | No Comments »

Dubai Food City worth $200 million (Dh734 million) is in the planning stages, according to industry experts. Wholesale property will be a five million square foot self-contained development, aimed ... Read more..

Canal Cantt View Phase II launched in Multan

Tuesday, February 24th, 2009 Posted in Pakistan Real Estate News | 4 Comments »

Canal Cantt View Phase II launched in Multan Star Marketing launched Canal Cantt View Phase II , a project of Classic Builders Read more..

Nakheel Hotels receives gift of royal cup & saucer and steamer blanket from QE2’s predecessor

Tuesday, February 24th, 2009 Posted in Dubai Real Estate News | No Comments »

Nakheel Hotels, the owners of the world's best-loved ocean liner QE2, has received the generous gift of a royal cup and saucer and steamer blanket from QE2's predecessor, Cunard's RMS ... Read more..

UAE-based Tameer to deliver units at Madinat Al Majd real estate project in Jordan

Tuesday, February 24th, 2009 Posted in Dubai Real Estate | No Comments »

Tameer, UAE-based real estate developer, has confirmed that Phase One of the ambitious Madinat Al Majd project in Jordan has been completed and the first of the 480 residential units ... Read more..

Dubai real estate market registers Dh5bn investments from across GCC in 2008

Tuesday, February 24th, 2009 Posted in Dubai Real Estate News | No Comments »

According to FutureBrand, information partner of REIDIN.com - world's first online information company, the total value of real estate projects under construction in the GCC is more than $2.39 trillion. ... Read more..

Asia-based investment bank to provide banking, capital markets’ services from DIFC

Tuesday, February 24th, 2009 Posted in Dubai Real Estate | No Comments »

Nomura International plc (‘Nomura'), the pre-eminent Asia-based investment bank, today announced that it has been granted a banking licence by the Dubai Financial Services Authority to provide investment banking and ... Read more..

Provincial investment policy to be announced soon

Tuesday, February 24th, 2009 Posted in Global Financial Crisis | No Comments »

KARACHI: Formulation of provincial investment policy is in its final stages and would be announced soon, Advisor on Investment to Chief Minister, Sindh, Zubair Motiwala said. Read more..

F-9 Park Bara Dari upgraded

Monday, February 23rd, 2009 Posted in News | No Comments »

ISLAMABAD: Capital Development Authority (CDA) has developed a number of entertainment facilities in the recent past in the city by making the best of its available resources, said CDA Chairman ... Read more..

Demolishing of houses, shops starts: 1,309 Corridor-III affectees distributed allotment letters

Monday, February 23rd, 2009 Posted in People & Places | No Comments »

KARACHI: City Nazim Mustafa Kamal distributed allotment letters to 1, 309 affectees of Preedy Street and Lines Area in compensation for their properties that they gave up in order to ... Read more..

US Deputy Chief Of Mission Aaaericastes Development In Karachi

Sunday, February 22nd, 2009 Posted in Business | No Comments »

Karachi Feb 20: The Deputy Chief of Mission at American Embassy in Islamabad Gerald M. Feierstein along with US Consul General in Karachi called on City Nazim Syed Mustafa Kamal ... Read more..

Gwadar Port: Accord with Singapore firm needs revision

Sunday, February 22nd, 2009 Posted in Business | No Comments »

KARACHI: The agreement signed with Singapore firm on Gwadar Port needs to be revised. State Minister for Ports and Shipping, Sardar Nabil Ahmed Gabol said this on Saturday. Read more..

City government bills for ‘invisible services’

Sunday, February 22nd, 2009 Posted in News | No Comments »

KARACHI (February 21 2009): The City District Government, Karachi (CDGK), has started issuing bills for "utility charges for municipal services", which at best can be described as "invisible" or "ghost" ... Read more..

Spotlight on Abu Dhabi to emerge as cultural capital with visionary real estate projects

Saturday, February 21st, 2009 Posted in Middle East Real Estate | No Comments »

According to Rohan Marwaha, MD of the Cityscape series, the spotlight has turned on Abu Dhabi as an emerging cultural capital focused on developing visionary real estate projects based on ... Read more..

Construction of 7th Avenue from Khayaban-e-Suharwardy to Khayaban-e-Iqbal, Islamanbad

Saturday, February 21st, 2009 Posted in Pakistan Real Estate News | No Comments »

PC-1 Cost Rs. 197.950 million Agency M/s K.K. Engineers Date of Start 1st November 2005 Date of Completion (Stipiulated) 30th November 2006 Read more..