Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

UAE- Billion-dollar realty projects on show  Join our daily free Newsletter

MENAFN - Arab News - 23/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Cityscape abu dhabi a three-day realty event that began with 120 regional and international exhibitors witnessed major announcements on tuesday.

salama bint hamdan al-nahyan foundation announced its plans to build 125000 sq m al-fayah park in the center of abu dhabi; and 3dimension which is launching an emirati-designed green villa concept to thousands of potential investors.

aldar al-maabar al-qudra arabtec baniyas farglory hydra properties manazel masdar mubadala tamouh and wahat al-zaweya and many other local and international realty firms have been taking part in the event.

sheikh hazza bin zayed al-nahyan national security adviser and vice chairman of the executive council of abu dhabi opened the show.

cityscape also attracted exhibitors from kuwait jordan india saudi arabia russia egypt us and uk.

hasan ismaik arabtec holding's managing director and ceo said that their projects showcased at cityscape abu dhabi hold a total value of aed14 billion.

'since its launch nearly four months ago arabtec properties made a strong entry into the real estate market as it has already secured a series of high-level major projects" added ismaik.

taking center stage at arabtec's stand in cityscape is a model of one of the company's largest projects which will see arabtec properties construct one million homes in egypt for lower income egyptian families.

the project will be developed in 13 locations in a number of governorates across the country at a total value of aed140 billion.

abu dhabi-based real estate developer al-maabar has revealed that 50 percent of the residential units available for purchase at al-raha village in aqaba's marsa zayed have been sold demonstrating customer confidence in the jordanian real estate market.

al-raha village is the project's first residential neighborhood located on the southern edge of the development and is slated for completion by the end of 2015.

yousef al-nowais managing director of al maabar said jordan and the uae are highly represented in the buyer nationality mix.

'the progress shown on the developments and the sales figures recorded indicate tangible confidence in what we are offering investors and homeowners — both here and abroad" he said.

abu dhabi real estate overview report by jll a real estate investment and advisory firm meanwhile says that the abu dhabi real estate market turned continued to show signs of growth and recovery during q1 2014.

this optimism remains focused on the prime residential sector which witnessed increased rents and prices and near to full occupancy for high quality product.

the retail segment continues to experience growth while the hotel and office sectors remain stabilized.


 






  MENA News Headlines
 Aug 30 2014 - Syrian rebels attack peacekeepers in Golan HeightsArab News
(MENAFN - Arab News) BEIRUT: Clashes erupted between Al-Qaeda-linked Syrian rebels and UN peacekeepers in the Golan Heights on Saturday after the militants surrounded their encampment activists and ...

 Aug 30 2014 - World's first digital currency from Ecuador central bankArab News
(MENAFN - Arab News) QUITO: Ecuador is planning to create what it calls the world's first digital currency issued by a central bank which some analysts believe could be a first step toward abandoning ...

 Aug 30 2014 - Japan's 'Golden Bolt': 103-year-old challenges world's fastest manArab News
(MENAFN - Arab News) KYOTO Japan: Closing in on his 104th birthday a twinkle-toed Japanese sprinter has thrown down the challenge to the world's fastest man Usain Bolt telling him: 'let's ...

 Aug 30 2014 - Cricket: Sri Lanka overpower Pakistan to win ODI seriesArab News
(MENAFN - Arab News) DAMBULLA: Seamer Thisara Perera claimed 4-34 and Tillakartane Dilshan hit an unbeaten 50 as Sri Lanka trounced Pakistan by seven wickets in the final one-dayer on Saturday to ...

 Aug 30 2014 - EU's Barroso warns Ukraine crisis near 'point of no return'Arab News
(MENAFN - Arab News) BRUSSELS: EU Commission head Jose Manual Barroso warned on Saturday that the crisis in Ukraine was reaching the point of no return after reports Russian troops were fighting in ...

 Aug 30 2014 - Egypt court gives 8 Brotherhood leaders life sentencesArab News
(MENAFN - Arab News) CAIRO: A Cairo court has sentenced Muslim Brotherhood spiritual leader Mohammed Badie and seven others to life in prison on charges of planning riots murder and sabotage Egypt's ...

 Aug 30 2014 - Various projects enhance tourist potential in DuqmMuscat Daily
(MENAFN - Muscat Daily) The Special Economic Zone at Duqm is witnessing implementation of many tourism projects that strengthen the potentials of the zone to attract tourists and ...

 Aug 30 2014 - Ruthless activities of IS 'against islamic principles'Arab News
(MENAFN - Arab News) KOZHIKODE: The ISIS or their self proclaimed Khalifates/Islamic state does not represent Islam by any means Sheikh Aboobacker Ahmed general secretary of All India Sunni ...

 Aug 30 2014 - Back to school: Students aim to scale new heightsArab News
(MENAFN - Arab News) An estimated 5.6 million boys and girls will go to school in the Kingdom when schools reopen after the summer and Ramadan vacations on Sunday.In a statement to the Saudi Press ...

 Aug 30 2014 - Al-Asheikh: Name and shame fraudstersArab News
(MENAFN - Arab News) Grand Mufti Abdul Aziz Al-Asheikh called for drafting a list of those who are involved in forging real estate deeds valued at SR400 billion. 'Their names should be made public to ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help