Construction
Aldar and Sorouh to seal merger
- Details
The boards of Aldar Properties and Sorouh Real Estate, Abu Dhabi's two largest real estate developers, have approved a state-backed merger of the firms through a share swap
Abu Dhabi to spend US$90 billion on development projects
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Abu Dhabi's executive council announced that the emirate plans to spend US$90bn on development projects over the next five years
Emaar?s Turkey project secures US$500 million funding
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Dubai-based property developer Emaar Properties has signed a US$500mn deal with a consortium of banks to fund development of its Emaar Square project in Istanbul
Saudi and DSI joint venture wins US$720 million Mecca deal
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The joint venture between Arabian Construction Company Saudi Arabia and Drake & Scull Construction Saudi Arabia has been awarded a US$720mn contract to build phase three of the Jabal Omar development in Mecca
Developers quick to seize Dubai Maritime City opportunities
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Maritime World has announced that 35 per cent of developers have now signed-off and agreed to begin immediate development of their plots within the business district of Dubai Maritime City (DMC)
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