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AME Info News - Real Estate

added: Wed, 21st September 2005 | 547 views | 0x in favourites
feed url: http://www.ameinfo.com/rss/2362.xml

Real Estate latest news and features

Latest feed entries:

Arabtec profit soars to 191%

Arabtec Holding has announced a consolidated profit of Dhs505m for the first half of 2008, up by 191% compared to Dhs173m achieved during the corresponding period in 2007. The company's consolidated revenue has reached Dhs4.1bn, compared to Dhs1.7bn in the first half 2007. [AMEInfo.com]

Intermass wins Damac project

Damac Properties has awarded an Dhs805m contract to M/s Intermass Engineering and Contracting Co. LLC., for its Lakeside project at International Media production Zone. Intermass also built Damac's Crescent and Lago Vista project in IMPZ. [AMEInfo.com]

Deyaar wins One Za'abeel

Deyaar Development will assume the development and management rights for One Za'abeel in agreement with the Investment Corporation of Dubai. The 36-storey mixed-use development is located at the World Trade Center roundabout in Dubai and construction is set to commence shortly, targeting completion in 2011. [AMEInfo.com]

Kuwait plans $132bn Silk City

Kuwait is planning to build $132bn model city in its northern desert, Reuters has reported. The development will have rail links to the rest of the Middle East, central Asia and China. Eric R. Kuhne & Associates are drawing up the designs for the project, which would include a 1,000-meter high skyscraper. The city is set for completion in 2023. [AMEInfo.com]

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