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INFRASTRUCTURAL DEVELOPMENT - INFRASTRUCTURAL DEVELOPMENT

Dubailand fast-tracks 40 projects worth Dh235 billion

Posted on 07/05/2009

Dubailand, a Dh235 billion cluster of 40 mega projects including 20 theme parks, is talking to international technology partners to provide a single-window access to all the attractions once they are completed, a top official said. The project, launched by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai in 2003, is aimed at reinforcing Dubai's position as a preferred tourism destination. Dubailand is part of the government's ...  >>MORE

Dubai in the frame of winning design

Posted on 07/05/2009

A rectangular frame topped by a cafe and rooftop viewing terrace 150 metres high was announced on Wednesday as the winner of an architectural award for designing a structure emblematic of Dubai. An international jury selected ‘Dubai Frame', measuring 150 metres by 105 metres, as winner of the first prize in the ThyssenKrupp Elevator Architecture Award 2009. The designer, Fernando Donis, a Mexican who lives in The Netherlands, was awarded US$100,000 (Dh367,000) for a creation he says was ...  >>MORE

Work on Burj Dubai interiors rapidly progresses

Posted on 05/05/2009

Work on the interiors of Burj Dubai, the world's tallest building developed by Emaar Properties, is progressing alongside the tower's exterior cladding. Currently over 800 metres (2,624.7 ft) high, the tower's interiors are an aesthetic confluence of the best of the architectural influences from around the world and the region. Complementing the external architecture of the tower that is inspired by the geometries of the desert flower Hymenocalis and regional patterning systems, the interior ...  >>MORE

Abu Dhabi Municipality plans Dh550m Fun City

Posted on 29/04/2009

Abu Dhabi Municipality is planning to set up the Six Continents Fun City in the capital at a total cost of more than Dh550 million, Engineer Abdul Aziz Al Jiraishi, Director of Parks Department at the municipality, told Khaleej Times that the mega project will span over an area of more than 350,000 square metres, and the municipality will select a suitable location for construction of the facility. The project will take one year to complete. "The Fun City will house a pavilion designed in the ...  >>MORE

Aldar delivers solid results in first quarter 2009

Posted on 28/04/2009

Aldar Properties PJSC, Abu Dhabi's leading property development, investment and management company, yesterday announced its financial results for the first quarter of 2009, reporting Dh888.6 million in net profits and Dh14.2 million in net operating profits. Net asset value grew to Dh6.42 per share from Dh6.22 as at 31 December 2008. Net profits for the period amounted to Dh888.6 million, from Dh1,366.5 million achieved in Q1 2008. The drop in net profit was primarily due to lower sales ...  >>MORE

Statement from Dubai Department of Finance

Posted on 28/04/2009

The Department of Finance, Government of Dubai, issued the following statement yesterday in response to an inaccurate and misleading report published in MEED magazine on April 24, 2009. "The Government of Dubai will continue to meet all its contractual obligations, including to construction contractors, as per the terms agreed with all third parties. Further, the Government of Dubai has no intention to limit at any time the number of contractors licensed to operate in the emirate. Finally, ...  >>MORE

No projects on hold, says Emaar

Posted on 27/04/2009

An Emaar Properties spokesperson yesterday said none of the company's projects is on hold. Following is the statement: "No projects launched by Emaar Properties are currently on hold. All the developments are progressing and in line with Emaar's strategy to complete all commenced projects. "As part of our commitment to customers, we are currently offering several options including end-users having the option of transferring their purchases from projects that will be completed at a later stage ...  >>MORE

Dh1bn contracts to be given for Reem Island Phase II

Posted on 23/04/2009

Reputed local and international contractors are being invited to participate in the tenders for the second phase of construction and infrastructure development on Reem Island. A senior official of Bunya, which oversees the infrastructure development and construction on the island, yesterday told Emirates Business that contracts valued at around Dh1billion would be awarded by the end of the year for the second phase of infrastructure development on the Island. Tariq Hatim Sultan, Chief ...  >>MORE

Sheikh Mohammed bin Rashid briefed on mega projects at Abu Dhabi CityScape 2009

Posted on 21/04/2009

UAE Vice President, Prime Minister and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum was briefed Monday on progress of major multi-billion dollar development projects across the UAE at the Abu Dhabi CityScape 2009. He received the briefings during an extensive visit to Cityscape Abu Dhabi, which runs until Wednesday (22 April 2009) at the Abu Dhabi National Exhibition Centre (ADNEC) and brings together investors, architects, designers, developers, government authorities and key ...  >>MORE

VP meets Mohammed bin Zayed at sideline of Abu Dhabi CityScape 2009

Posted on 21/04/2009

Vice President and Prime Minister of UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum, met in Abu Dhabi yesterday afternoon at the Abu Dhabi National Exhibition Centre HH General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. Sheikh Mohammed discussed with the Vice President at the sideline of the Abu Dhabi CityScape the developmental and future tourist projects of Abu Dhabi 2030 strategic plan, as well as ...  >>MORE

Abu Dhabi projects win top awards

Posted on 21/04/2009

Two major Abu Dhabi projects - the zero emissions Masdar City and the new Capital City District - have picked up top honours in the Cityscape Awards for Real Estate in the Middle East for their unique contributions towards architectural excellence and sensitivity to the environment. The awards were presented at a gala dinner at Emirates Palace Hotel attended by industry leaders during Cityscape Abu Dhabi, the international real estate and investment development event, taking place at the Abu ...  >>MORE

UAE's fifth green building gets US certification

Posted on 21/04/2009

The UAE's fifth green building has been certified as US LEED platinum while 450 buildings are currently waiting to be certified in Abu Dhabi and Dubai as building codes for both emirates are being drawn up. Mario Seneviratne, World Green Buildings Council secretary congratulated Ali Bin Towaih, executive director of Enpark and Director of the Sustainable Energy and Environment Division (Seed) at Tecom Investments on the completion of the UAE's fifth green building, the Tecom Investment ...  >>MORE

Abu Dhabi introduces new rating method to improve quality of buildings

Posted on 21/04/2009

The Abu Dhabi Urban Planning Council (UPC) has unveiled a New Buildings Rating Method, designed to dramatically improve quality of buildings in Abu Dhabi by allowing developers and their design teams to assess the performance of their proposed developments in light of rapidly evolving concepts for sustainability. The Rating Method will be an invaluable tool for designers, developers, government agencies and institutional investors. It will be accompanied by a Design Guide, which will provide ...  >>MORE

Elongated ‘oyster shell’ hotel for Lulu Island

Posted on 21/04/2009

The Government has chosen a marine design that resembles an "oyster shell that has been turned on its side and elongated” for a landmark tower on Lulu Island, an executive said yesterday. After reviewing four designs submitted by Sorouh Real Estate, the Government chose a concept by Skidmore, Owings and Merrill, said James O'Hagan, Sorouh's senior manager for development and marketing of Lulu Island. A rendering of the project, which will incorporate a hotel and residential apartments, shows ...  >>MORE

TDIC on track with major commercial, leisure and tourism development projects

Posted on 20/04/2009

Tourism Development '&' Investment Company (TDIC), a master developer of cultural, residential, and tourism destinations in Abu Dhabi, today presented a detailed delivery progress update of 12 of its key projects. The detailed update showcases TDIC's commitment in moving forward on schedule with its announced projects and comes only a short time after the company received AA ratings from three major credit rating agencies - Moody's, Standard '&' Poor's and Fitch Ratings. The information ...  >>MORE

Concreting commences at Burooj Properties' Al Ghurm Garden Villas

Posted on 20/04/2009

Burooj Properties, the real estate arm of Abu Dhabi Islamic Bank (ADIB) and developer of realty projects in the UAE and larger Middle East, announced yesterday that it has commenced concreting works at the company's Al Ghurm Garden Villas project, following the completion of earth works. Located on Abu Dhabi Island close to Al Bateen Airport and Sheikh Khalifa Public Park, the 80-villa Al Ghurm Garden project spans a built area of over 285,000 square feet, with each villa occupying 4,124 ...  >>MORE

ICT awards construction contract for Dj260m residential project in Abu Dhabi

Posted on 20/04/2009

International Capital Trading LLC (ICT), a leading Abu Dhabi-based investment and development company has announced that it has awarded an AED 260 million contract to Pivot Engineering '&' General Contracting Co WLL for the construction of a residential project in Mohammed Bin Zayed City, Abu Dhabi. The project will encompass 170 three and four bedroom villas, as well as a broad range of amenities for the residents including a clubhouse and swimming pool, two playgrounds, a mosque, a ...  >>MORE

Siemens to build Dh1.7b power plant in Abu Dhabi

Posted on 31/03/2009

Germany's Siemens Energy has secured a Dh1.7 billion order for building a power plant with an integrated seawater desalination facility at Shuweihat on the outskirts of Abu Dhabi, its chief executive officer said. The power plant will have a capacity in excess of 1,500 megawatts and will feed nearly 455,000 cubic metres of water into the local drinking water network. "We are on track with the project, which is together called Shuweihat II, and will be completing it by September 2011,” ...  >>MORE

President instructs building of dam at Sharm Valley in Fujairah

Posted on 25/03/2009

President H.H. Sheikh Khalifa bin Zayed Al Nahyan has instructed that a dam be built at Sharm Valley in the emirate of Fujairah after heavy rains flooding towns and villages at the Eastern Coast, and causing sand barriers protecting houses at the mouth of the mountains to collapse. This was announced by H.E. Sheikh Hamdan bin Mubarak Al Nahyan, Minister of Public Works, whose ministry was ordered by the President to carry out the project. Sheikh Hamdan directed planners at his ministry to ...  >>MORE

Abu Dhabi's tourism infrastructure development continues apace

Posted on 13/03/2009

Berlin - Abu Dhabi Tourism Authority (ADTA), the tourism body with wide ranging responsibilities for building, developing and managing the tourism industry in the Arabian Gulf emirate has reported at ITB Berlin, one of the world's major travel shows, that the destination's accommodation stock will increase by more than 3,000 rooms this year in time for November's Etihad 2009 Formula 1 Grand Prix. Despite the global economic uncertainty, the authority confirmed that all previously announced ...  >>MORE

Dubai Industrial City completes construction of 64 showrooms in warehouse complex

Posted on 12/03/2009

Dubai Industrial City, a member of Tatweer Dubai, yesterday announced it has completed the construction of 64 showrooms equipped with storage facilities at the warehouse complex. The showrooms are designed for use as offices or retail and product display areas. The showrooms feature two double floors each spanning 5,000 sq. feet as well as an additional 5,000 sq. feet of storage space located at the rear of the building. Rashed Al Ansari, Vice-President of Dubai Industrial City, said: ...  >>MORE

Top ten Abu Dhabi projects worth US$208 billion

Posted on 10/03/2009

Global slowdown notwithstanding, the capital of the United Arab Emirates continues to be transformed with masterplan budgets for the city's top ten civil projects worth US$208 billion remaining in place. Details of the top ten projects from new cities and island resorts to new communities and a light rail system are revealed yesterday (8 March 2009) by the organisers of Cityscape Abu Dhabi, which takes place from 19-22 April at the Abu Dhabi National Exhibition Centre "Abu Dhabi is not immune ...  >>MORE

DEWA earmarks Dh 57 bn for new projects

Posted on 05/03/2009

Work is in progress to execute major projects of production, transmission and distribution of electricity and water and that the production capacity will reach 7287 MW 333 MIGD by the end of the current year. Dubai Electricity and Water Authority (DEWA) has allocated an amount of Dh 72.5 billion, out of which Dh 15.5 billion is allocated to the projects that had come into service in the past two years and Dh 57 Billion to new projects that are under execution. H.E Saeed Al Tayer, Managing ...  >>MORE

UAE plans to execute projects worth US$918bn: IMF

Posted on 02/03/2009

The UAE has plans to carry out projects worth a staggering US$918 billion (Dh3.36 trillion) in oil and gas, petrochemicals, real estate, industry and other sectors, according to the International Monetary Fund (IMF). The value accounts for nearly 42 per cent of the total major enterprises to be implemented by the six-nation Gulf Cooperation Council (GCC) in the medium term as part of a strategy to diversify their oil-reliant economy and upgrade their infrastructure, the Washington-based IMF ...  >>MORE

Mena's largest US$1bn space centre to be built in capital

Posted on 25/02/2009

Abu Dhabi will have the Mena region's largest space centre developed with a cost of US$1.03 billion (Dh3.7bn), it was announced at the ninth International Defence Exhibition and Conference. The centre with its own four satellites will be fully operational in 2013. It will receive, analyse and utilise data from satellites. It will be a fully commercial facility marketing its images and data international market. The Gulf Earth Observation Centre (4C Geoc) was announced under a three-way joint ...  >>MORE

Dubai Mega Projects 2009: providing inside track on region’s projects

Posted on 20/02/2009

At a time when the regional project industry is facing a very uncertain future, the need to have up to date, relevant and accurate information is vital to the success of any business. MEED Events' Dubai Mega Projects 2009 being held on the 15th - 17th March 2009 at The Westin Hotel Dubai, is the leading forum for industry professionals to gain the latest information on Dubai's mega project market. Speaking about the forthcoming event Edmund O'Sullivan, Chairman for MEED Events, ...  >>MORE

Sewa completes 90% gas work in Khorfakkan City

Posted on 11/02/2009

Sharjah Electricity and Water Authority (Sewa) has completed 90 per cent of work on a gas station in Khorfakkan City. The installation project, carried out in five kilometre area, has ended the first phase to bring natural gas to Kalba City in the Eastern Region. The project is due to be officially inaugurated when the natural gas will be supplied to consumers in Kalba City. Ibrahim Rashid, Sewa's Deputy Director-General, said the natural gas project in Sharjah has achieved a big success, as ...  >>MORE

Burj Dubai all set for 09/09/09 soft opening

Posted on 18/01/2009

Burj Dubai, the world's tallest man-made structure, will see a "soft opening" on September 9 this year in tandem with the launch of Dubai Metro, according to an industry source. "The target is to have the event coincide with the opening of the Metro on 09/09/09," a person close to the matter told Emirates Business. "There is still work to be done in terms of finishing the building," the person said. "This includes the access and exit planning as well as connecting the sewerage lines to the ...  >>MORE

Dubai Maritime City prepares to fill Middle Eastern sea trade niche

Posted on 06/01/2009

Dubai Maritime City, the world's first purpose-built maritime centre and part of the Dubai World Group of companies, continues to achieve major development milestones and confidently progresses towards its 2012 completion date. Infrastructure for the Industrial Precinct of the unique maritime development is set to continue significantly during 2009 making it fully operational ahead of schedule with 85 per cent of the work complete. Groundwork for the Commercial Precinct is at 65 per cent, ...  >>MORE

Value of construction deals in UAE falls 85%

Posted on 01/01/2009

The value of construction contracts awarded in the UAE fell by 85 per cent in the fourth quarter compared to the same period last year, London-based weekly Middle East Economic Digest said. Contract awards worth US$14.4 billion were made during the fourth quarter of 2008, down from US$98.1 billion during the same period in 2007 as the global credit crisis rendered project financing a struggle, MEED said. Around US$23.2 billion worth of projects have been put on hold, almost 10 per cent of the ...  >>MORE

Burj Dubai to stand tallest for at least a decade

Posted on 10/12/2008

Every cloud has a silver lining and for the world it literally will be The Burj Dubai. The global financial crisis has ensured that the super-tall skyscraper, already the region's pride, will cement its place as the world's tallest building for at least a decade. In the recent past, several projects have been announced in the Middle East threatening to surpass Emaar's Burj Dubai. However, analysts state that all such projects, which require billions to complete, have been brought to a grinding ...  >>MORE

Ajman Marina prepares infrastructure for big projects

Posted on 05/11/2008

Ajman continues to pave the way for big real estate projects to be developed in the emirate by continuing to execute various infrastructure projects, including road networks, and water and drainage systems. The current total cost for these infrastructure projects is Dh 408m, and it is expected to cost a further Dh 4bn in the future, according to an official from the Municipality planning department. Speaking of the situation, Abdullah Al Dehaim, Deputy CEO of Ajman Marina, said: "The future ...  >>MORE

Creek expansion to make Bur Dubai an island

Posted on 02/11/2008

The planned extension of Dubai Creek will create a complete inland waterway from Deira to Jumeirah, turning Bur Dubai into an island. Dubai Creek, which starts from the Arabian Gulf near Al Shindagha in Bur Dubai, is currently 14km long and ends at Ras Al Khor Wildlife Sanctuary. It will be extended by another 12.2km from Ras Al Khor, back to the Arabian Gulf, passing through Business Bay, Sheikh Zayed Road, Safa Park, Al Wasl, Jumeirah 2 and the Jumeirah Beach Park. The Roads and ...  >>MORE

Khorfakkan desalination plants begins operation

Posted on 20/10/2008

The Khorfakkan Desalination plant began production yesterday with a generation capacity of 5 million gallons per day, the Sharjah Electricity '&' Water Authority (SEWA) announced. "The plant will produce 2.5 MGPD in the initial phase following completion of the trial operation, technical tests and water filtration," said Ahmed Mohammed Al Mulla, SEWA's Deputy Director for technical Affairs. He added that the next phase will see installation of highly capable membranes and production of ...  >>MORE

Mohammed views masterplan of Yas Marina Formula 1 Circuit

Posted on 15/10/2008

H.H. Gen. Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, opened yesterday at the Emirates Palace an exhibition for the distinctive designs and projects of the Yas Marina Circuit Masterplan, which will host the Abu Dhabi Formula 1 Grand Prix in 2009. His Excellency Khaldoon Al Mubarak, Chairman of the Abu Dhabi Executive Affairs Authority, said:'The Yas Marina Circuit is a real investment in developing sports infrastructure ...  >>MORE

Industrialists, developers and investors praise "Emirates Industrial City"

Posted on 12/10/2008

Emirates Industrial Cities Company has attracted a large audience to its leading project, Emirates Industrial City, at Cityscape Dubai 2008, which is currently being held at Dubai International Exhibition and Convention Center. Various investors and economic experts expressed their admiration and appreciation for the high standards the project is showing towards establishing fully integrated and specialized economical cities in the UAE. According to Sheik Abdullah bin Fahid Al Shakrah, ...  >>MORE

Sharjah to Spend Dh1.24 billion on
sewage treatment and roads

Posted on 05/10/2008

The Sharjah government has allocated Dh1.24 billion to finance the expansion and completion of sewage treatment and road construction projects. Dr Salah Al Haj, Director-General of the Sharjah Municipality, announced on Thursday that the amount has been approved by His Highness Dr Sheikh Sultan bin Mohammed Al Qasmi, Member of the Supreme Council and Ruler of Sharjah, to develop infrastructure projects in the emirate. He said Dh100 million of the total amount would be allocated to fund the ...  >>MORE

Emaar to showcase US$100b global portfolio at Cityscape

Posted on 03/10/2008

Emaar Properties, one of the world's largest property developers, is highlighting its presence at Cityscape Dubai 2008 with a never-before global portfolio. Exhibiting projects from nine of its key global markets including Saudi Arabia, Egypt, Syria, Jordan, Morocco, Turkey, Canada, India and Pakistan, for the first time ever, Emaar will present projects of over Dh367 billion (US$100 billion) in development value at the premier property expo to be held at the Dubai International Convention ...  >>MORE

Aldar raises Dh7b for project funding

Posted on 02/10/2008

Abu Dhabi-based real estate developer Aldar Properties PJSC has borrowed Dh6.98 billion (US$1.9 billion) this financial year for project funding, a top-ranking company executive said on Wednesday. "The money has been raised through the capital markets and bilateral facilities. It will be utilised to develop our ongoing projects in the emirate of Abu Dhabi," Shafqat Malek, Aldar's chief financial officer, told Gulf News in an interview. Last year, Malek said Aldar, one of the largest companies ...  >>MORE

DWTC plans two multi-billion dollar commercial developments

Posted on 25/09/2008

Two multi-billion dollar large-scale commercial destinations, incorporating exhibition areas and financial and business districts, have been announced by the Dubai World Trade Centre (DWTC). The two projects – Dubai Trade Centre Jebel Ali and Dubai Trade Centre District – will be built to expand Dubai's infrastructural capabilities, enabling growth of the emirate as a global destination for events, networking, business and lifestyle, the DWTC said and added they will be two of the most ...  >>MORE

Mohammed bin Rashid commissions trial operation of Dubai Metro

Posted on 21/09/2008

Vice President and Prime Minister of UAE and Ruler of Dubai H.H. Sheikh Mohammed bin Rashid Al Maktoum yesterday launched the trial operation of Dubai Metro which ran for 11 kilometers between Jebel Ali Station and Ibn Battuta Mall Station. Sheikh Mohammed was accompanied by H.H. Sheikh Hamdan bin Mohammed bin Rashid al Maktoum, Crown Prince of Dubai; H.H. Sheikh Maktoum bin Mohammed bin Rashid al Maktoum, Dubai Deputy Ruler; H.E. Mohammed Abdullah Al Gergawi, Minister of State for Cabinet ...  >>MORE

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Quick List

Dubailand fast-tracks 40 projects worth Dh235 billion


Dubai in the frame of winning design


Work on Burj Dubai interiors rapidly progresses


Abu Dhabi Municipality plans Dh550m Fun City


Aldar delivers solid results in first quarter 2009


Statement from Dubai Department of Finance


No projects on hold, says Emaar


Dh1bn contracts to be given for Reem Island Phase II


Sheikh Mohammed bin Rashid briefed on mega projects at Abu Dhabi CityScape 2009


VP meets Mohammed bin Zayed at sideline of Abu Dhabi CityScape 2009


Abu Dhabi projects win top awards


UAE's fifth green building gets US certification


Abu Dhabi introduces new rating method to improve quality of buildings


Elongated ‘oyster shell’ hotel for Lulu Island


TDIC on track with major commercial, leisure and tourism development projects


Concreting commences at Burooj Properties' Al Ghurm Garden Villas


ICT awards construction contract for Dj260m residential project in Abu Dhabi


Siemens to build Dh1.7b power plant in Abu Dhabi


President instructs building of dam at Sharm Valley in Fujairah


Abu Dhabi's tourism infrastructure development continues apace


Dubai Industrial City completes construction of 64 showrooms in warehouse complex


Top ten Abu Dhabi projects worth US$208 billion


DEWA earmarks Dh 57 bn for new projects


UAE plans to execute projects worth US$918bn: IMF


Mena's largest US$1bn space centre to be built in capital


Dubai Mega Projects 2009: providing inside track on region’s projects


Sewa completes 90% gas work in Khorfakkan City


Burj Dubai all set for 09/09/09 soft opening


Dubai Maritime City prepares to fill Middle Eastern sea trade niche


Value of construction deals in UAE falls 85%


Burj Dubai to stand tallest for at least a decade


Ajman Marina prepares infrastructure for big projects


Creek expansion to make Bur Dubai an island


Khorfakkan desalination plants begins operation


Mohammed views masterplan of Yas Marina Formula 1 Circuit


Industrialists, developers and investors praise "Emirates Industrial City"


Sharjah to Spend Dh1.24 billion on
sewage treatment and roads


Emaar to showcase US$100b global portfolio at Cityscape


Aldar raises Dh7b for project funding


DWTC plans two multi-billion dollar commercial developments


Mohammed bin Rashid commissions trial operation of Dubai Metro