Saturday 25 April 2015
 
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TDIC launches modern villa project in UAE

Tourism Development & Investment Company (TDIC),  a leading property developer in Abu Dhabi, UAE, has launched Jawaher Saadiyat, its latest luxurious residential community in the Saadiyat Beach District. Comprising 83 units; including four-bedroom townhouses and four-, f

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Siemens wins $400m Dubai power plant contract

Dubai Electricity and Water Authority (Dewa) has signed a turnkey construction contract worth Dh1.47 billion ($400 million) for the expansion of the M-Station power and water desalination plant in the Jebel Ali area of the emirate. The M-Station, built at a cost of Dh10 billion (

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Al Basel Real Estate wins ‘gold’ award from Deyaar

Al Basel Real Estate Brokers, a leading real estate brokerage firm and a member of the Al Basel Group of Companies, has won  a “Gold Award” from Deyaar, a premier regional real estate developer and real estate services company. The award recognised Al Basel&rsquo

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UAE launches first HydroAtlas at Wetex

The UAE Ministry of Environment and Water has launched the country's first HydroAtlas at the 17th edition of Water, Energy, Technology and Environment Exhibition (Wetex) whic opened today in Dubai. The one-of-its-kind HydroAtlas is part of the country’s efforts to achie

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GRE highlights $747m project at Cityscape Abu Dhabi

GRE Assets, a specialist in UK real estate investment, is highlighting its upcoming £500million ($747 million) Brighton Marina development in the UK at the ongoing Cityscape Abu Dhabi, a major real estate exhibition in the UAE. Cityscape Abu Dhabi opened today (April 21) an

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Real estate professionals see 9.6pc jump in salary

The average base salary of regional real estate professionals is Dh44,559 ($12,130) per month in 2015 as compared to the Dh40,641 ($11,062) per month figure posted in 2014, marking an increase of 9.6 per cent, a report said. Macdonald & Company, a leading property recruitment

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Chestertons' UK property debuts at Cityscape

Chestertons, an international property agency, is showcasing a portfolio of luxury mixed-use London (UK) developments by St George, a part of the Berkeley Group, at the Cityscape Abu Dhabi expo which opened today (April 21) in the UAE. As per a 2014 Chestertons research report, t

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Al Turki to build National Bank of Oman HQ

The National Bank of Oman (NBO) has signed a construction contract worth RO50 million ($129.4 million) with Al Turki Enterprises, a 100 per cent Omani-owned construction company, for its new headquarters in Muscat, a report said. The new nine-storey head office at Azaiba is sched

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Qatar plans $350bn development projects

Qatar will invest around QR1.27 trillion ($350 billion) in sustainable development over the next 15 years, said the organiser of the upcoming Project Qatar 2015, an international construction and building materials exhibition to be held in the capital Doha. The 12th edition of th

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Egypt's Heliopolis Housing profit up 25.5pc

Egypt's Heliopolis Company for Housing and Construction said on Monday its net profit rose by a quarter in the nine months to end-March. The net profit rose to E£153.7 million ($20.2 million) from July to March compared to E£122.5 million ($16 million) a year ago.

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