Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Tamouh steps up activity on projects  Join our daily free Newsletter

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



(MENAFN - Khaleej Times) Abu dhabi-based real-estate developer tamouh has scaled up construction activity on all of its announced reem island projects to meet the rising demand for prime spaces in the capital city.

tamouh is well-positioned to meet the growing demand for premium residential and commercial spaces within abu dhabi and benefit from the proximity of reem island to the capital’s city center tamouh’s chairman nadir al hammadi said.

spread across 6.5 million sqm reem island is one of the few premium areas allocated for freehold developments in abu dhabi. since 2006 tamouh has been tasked with developing 60 per cent of the island’s master plan as a ‘city within a city’ over an area of 3.3 million sqm.

the number of residents in tamouh’s projects on the island is expected to reach 100000 in the future in addition to a population of daily visitors and professionals working in the office towers or in the hotels.

the company’s current offerings within reem island include marina square which was completed in 2011 paragon bay and city of lights currently under construction.

marina square tamouh’s first project on reem island is home to more than 8500 residents. the community offers 3440 residential units comprising of studios one- to four-bedroom apartments and luxury villas all smart-home enabled.

paragon bay with its facade overlooking the sea is a community mall that houses more than 100 specialty retail and dining choices that will cater to reem island’s residents as well as to visitors and tourists.

meanwhile city of lights which is fast taking shape along the water’s edge over 144 acres is set for gradual completion from 2014 to 2016.

“we are currently focusing all of our construction activity on city of lights a mixed development community as we plan to deliver the project in phases within the next two years. there are currently nine towers under construction seven of them are residential and two are for offices and commercial use” says joe ong tamouh’s managing director.

— haseeb?khaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 Aug 4 2015 - Industries Qatar profits surge 20 percent in Q2MENAFN
(MENAFN) Industries Qatar said its second-quarter profit increased 20 percent, beating analyst forecasts, although its half-year profit fell because of declining petrochemicals prices.The ...

 Aug 4 2015 - Health Ministry's Hajj Preparatory Committees hold meetingSaudi Press Agency
(MENAFN - Saudi Press Agency) The Preparatory Hajj Committees of the Ministry of Health held their 12th meeting at the ministry yesterday, in the presence of the heads of the preparatory committees ...

 Aug 4 2015 - Kingdom of Saudi Arabia's Scouts honor World Scout Committee MembersSaudi Press Agency
(MENAFN - Saudi Press Agency) Saudi Arabian Boy Scouts Association honored the members of the World Scout Committee during their visit yesterday to the Saudi delegation participating in Arab Cultural ...

 Aug 4 2015 - Kingdom of Saudi Arabia's Consul General in Los Angeles : We did not record any contact from citizens due to fires in Northern CaliforniaSaudi Press Agency
(MENAFN - Saudi Press Agency) The Consul General of the Kingdom of Saudi Arabia in Los Angeles, Ambassador Dr. Faisal bin Abdulaziz Al-Sudairy, confirmed that there is no Saudi citizen close to the ...

 Aug 4 2015 - Qatar, Philippine trade amounts to USD652m in 2014MENAFN
(MENAFN) According to Philippine's Ambassador in Qatar, bilateral merchandise trade between Qatar and the Philippines reached USD652 million last year, increasing from a year ago.Despite a drop in ...

 Aug 4 2015 - UAE- WFES 2016 will launch a dedicated area for Sustainable TransportEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Industry experts have called for the greater adoption of fuel-efficient vehicles following the UAE government's recent revision of subsidies.The topic is ...

 Aug 4 2015 - Mohammed bin Rashid approves plans for new residential communitiesEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has approved plans for two new residential communities ...

 Aug 4 2015 - Online Registration Is Now Open For The 12th Dubai International Film FestivalEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Dubai International Film Festival (DIFF) announced today that online registration is now open for media, industry and students for the 12th edition of the ...

 Aug 4 2015 - UAE- Innovation 4 Impact' Competition set to monetize Islamic economy sectors via digital technologyEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The inaugural 'Innovation 4 Impact' competition, the first of its kind targeting the growing Islamic digital economy, will take center stage at the Global ...

 Aug 4 2015 - Yemeni VP offers condolences to families of UAE martyrs in "Operation Restore Hope"Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Yemeni Vice-President and Prime Minister Khaled Bahah has conveyed the condolences of President Abd Rabbuh Mansur Hadi and Yemeni people to the families of ...

more...


 






Google

Click to Apply

 
 

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help