Real Estate - News
Arabtec wins $108m Saudi hospital contract
(Trade Arabia - 25/05/2013) A subsidiary of Dubai-based contractor Arabtec Holding has won a SR404-million ($107.7 million) contract to build a hospital in Saudi Arabia, the company said in a statement on Saturday. The Aldara Hospital and Medical Centre is scheduled for completion ...
Expansion to up Riyadh airport capacity to 35 m
(Khaleej Times - 25/05/2013) The new expansion plan for Riyadh’s King Khaled International Airport aims at increasing its capacity from 12 million to 35 million, said Khaled Al-Khaibary, spokesman of the General Authority for Civil Aviation. He said the project that includes ...
Arabtec awarded SR 404 mln Saudi hospital contract by Aldara Medical
(Press Release - 25/05/2013) Arabtec Holding PJSC announced today that its joint venture between Arabtec Saudi Arabia LLC and Greece’s Terna S.A. has been awarded a SAR404 million contract by Aldara Medical Corporation to build Aldara Hospital and Medical Center, a 105-bed hospital ...
Jet shareholders back Etihad deal
(AFP - 25/05/2013) Shareholders of India’s Jet Airways on Friday approved a deal in which Abu Dhabi-based airline Etihad will take a 24 percent stake in the private carrier, media reports said. Jet shareholders approved the proposed issue of shares on a preferential basis ...
New real estate fund from Saudi Fransi Capital
(Arab News - 25/05/2013) Saudi Fransi Capital has launched its new fund, the Saudi Fransi Real Estate Fund. The new fund seeks to achieve capital growth, by developing lands and real estate projects, along with the possibility of generating income stream by acquiring existing ...
Barwa to Unveil Visionary Projects at Cityscape Qatar 2013
(Press Release - 23/05/2013) Barwa Real Estate Group has announced plans to unveil several groundbreaking projects at Cityscape Qatar 2013, Qatar’s premier international real estate and development event. The event is expected to take place from 27 May to 29 May 2013 at the Doha ...
Abyaar announces Dubai project delivery
(Trade Arabia - 23/05/2013) Dubai-based Abyaar Real Estate Development Company has announced the delivery of the phases I and II of its prestigious Acacia Villas project located at Acacia Avenues, the first freehold development in Dubai’s prime Jumeirah district. Abyaar is one of ...
Arabtec Holding appoints David Doyle as Chief Risk Officer
(Press Release - 23/05/2013) Abu Dhabi, UAE, May 23, 2013 - Arabtec Holding PJSC (" Arabtec "), a leading construction company in MENA specialising in complex projects, announced today the appointment of David Doyle as Chief Risk Officer, a key role that will support Arabtec in ...
Services and Insurance Sectors Push DFM Index Higher
(Gulfbase.com - 22/05/2013) The DFM General Index inched up to reach at 2,323.34 points on Wednesday 22nd May 2013.The index spending most of the session in the green zone added 3.99 points or 0.17 percent. Market Cap indices ended the session in the upward territory except large ...
Key Sectors Turn QE Index Green
(Gulfbase.com - 22/05/2013) The QE Index continued pacing its way higher throughout the day to close its trading in the green territory at 9,085.9 on Wednesday 22nd May 2013, achieving 0.54 percent or 48.95 points for the session. Market Cap indices ended the day in the green area ... |
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