News tagged "Uae"

UAE's ALEC uses robotics to build US$ 1 Bn Marina Gate

UAE's ALEC uses robotics to build US$ 1 Bn Marina Gate

14th January 2019

According to *Constructionweekonline news report,  UAE building heavyweight ALEC is making impressive progress on Select Group’s three-tower Marina Gate in Dubai Marina. The high-end lifestyle project is located in a super-prime site of one of the city’s top residential hubs, and the client has spared no expense on it, with a gross development value of $1bn (AED4bn).[..]

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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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