News tagged "Uae"

Shuaa Capital announces issuance and private placement of US$ 135 mn sukuk for JODC

Shuaa Capital announces issuance and private placement of US$ 135 mn sukuk for JODC

10th January 2019

According to *Tradearabia news report, Shuaa Capital, a premier financial services company in the UAE, has announced the issuance and private placement of a $135-million Islamic bond (sukuk) for Jabal Omar Development Company (JODC), one of the largest publicly-listed real estate companies in Saudi Arabia, as it seeks to strategically diversify its capital base.[..]

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Seven Tides breaks ground on SE7EN City JLT

Seven Tides breaks ground on SE7EN City JLT

10th January 2019

According to *Tradearabia news report, UAE-headquartered upscale residential, hospitality and commercial property developer Seven Tides has broken ground on SE7EN City JLT, its first mixed-used development in Jumeirah Lake Towers (JLT), in Dubai.  [..]

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Azizi awards major contract worth over US$ 59 mn for developing four plots

Azizi awards major contract worth over US$ 59 mn for developing four plots

8th January 2019

According to *Tradearabia news report, Azizi Developments, one of the leading private developers in the UAE, has awarded a major contract worth more than Dh216 million ($59 million) to Chirag Contracting, a BRV Global Group company, for developing four plots with a total area of over 1 million sq ft at its key developments - Azizi Riviera and Al Furjan.[..]

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Plan approved to expand DIFC by 1.3km²

Plan approved to expand DIFC by 1.3km²

8th January 2019

According to *Constructionweekonline news report, a plan has been approved to expand Dubai International Financial Centre (DIFC) by 1.3km² to strengthen the emirate's position as a regional economic power.[..]

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wasl properties leases 85% of its ‘wasl Crystal’ and ‘wasl Crystal II’ buildings

wasl properties leases 85% of its ‘wasl Crystal’ and ‘wasl Crystal II’ buildings

7th January 2019

  • wasl is recording heightened interest from tenants due to the potential that Al Quoz presents
  • wasl Crystal III will be announced soon following the successful launch of the first two buildings

Dubai, United Arab Emirates, 7 January 2019: wasl properties, a subsidiary of wasl Asset Management Group, announced leasing of 85% of its units at ‘wasl Crystal’ and ‘wasl Crystal II’ in Al Quoz. This recorded interest within a short time frame is attributed to Al Quoz and what it offers for current and future tenants.
[..]

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KIZAD launches Polymers Park to capitalise on USD 500 million polymers and plastics export market

KIZAD launches Polymers Park to capitalise on USD 500 million polymers and plastics export market

7th January 2019

  • Strategic collaboration framework agreement with ADNOC will help shape an attractive business and investment environment to support and grow the UAE conversion industry, providing potential investors with multiple options
  • Parks expected to create up to 7,000 jobs and add USD 2.5 billion to GDP by 2025
  • New facility will be a business hub for plastics manufacturers with easy access to raw materials and direct links to global market demand through KIZAD and Abu Dhabi’s integrated transport infrastructure
  • KIZAD Polymers Park focuses on innovation and sustainability in plastic production, helping to commercialise the recycling of plastic waste

Dubai, United Arab Emirates, 7 January 2019: KIZAD, one of the fastest growing industrial zones in the Middle East and part of Abu Dhabi Ports, today launched KIZAD Polymers Park, which will form an integral part of the polymers conversion ecosystem in the Emirate. [..]

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Dubai-based AESG registered triple digit growth in 2018

Dubai-based AESG registered triple digit growth in 2018

4th January 2019

According to *Tradearabia news report, Dubai-based AESG, a specialist consultancy and commissioning firm with expertise in building engineering and design, has registered triple digit growth in 2018 following introduction of new services in the region and expansion across verticals.[..]

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Ajman Square to be launched at the start of 2019

Ajman Square to be launched at the start of 2019

4th January 2019

According to *Constructionweekonline news report, Ajman Square, a mixed-use community, is set to be launched soon in the UAE emirate, with authorities stating the project’s launch “at the start of 2019” will boost Ajman, which is “confidently developing into a city of tourism”.[..]

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