http://www.meed.com/rss/rss_meed_real.xml en-uk Dubai-based property developer Deyaar Development has announced a net profit for the second quarter of 2008 of AED247m ($67m), almost three times the figure for the same period in 2007. http://www.meed.com:80/news/2008/07/dubaibased_deyaar_development_releases_profit_figures.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/news/2008/07/dubaibased_deyaar_development_releases_profit_figures.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Christopher Sell 21 July 2008 06:38 Firms compete for international work as local clients decline to share risk of rising materials costs. http://www.meed.com:80/news/2008/07/risk_drives_kuwaiti_contractors_abroad.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/news/2008/07/risk_drives_kuwaiti_contractors_abroad.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Christopher Sell 17 July 2008 18:06 http://www.meed.com:80/images/KUWA496_resized_70_tcm24-1736980.jpg Local developer enjoys busiest period in its history with $6.8bn worth of contracts awarded so far in 2008. http://www.meed.com:80/news/2008/07/nakheel_awards_record_amount_of_work.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/news/2008/07/nakheel_awards_record_amount_of_work.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Colin Foreman 17 July 2008 18:54 http://www.meed.com:80/images/waterfront2_resized_70_tcm24-754232.jpg Saudi investment house expected to use funding to invest in a series of projects in its domestic market http://www.meed.com:80/news/2008/07/kingdom_holding_seeks_13bn_loan_facility.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/news/2008/07/kingdom_holding_seeks_13bn_loan_facility.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Matthew Martin 17 July 2008 18:41 http://www.meed.com:80/images/kingdom_resized_70_tcm24-1735616.jpg Real estate giants Sorouh Real Estate and Orascom Construction Industries have formed a joint venture to carry out below-ground work on towers and other large buildings at Sorouh’s developments in the UAE. http://www.meed.com:80/news/2008/07/sorouh_and_orascom_construction_industries_form_joint_venture.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/news/2008/07/sorouh_and_orascom_construction_industries_form_joint_venture.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Will Hadfield 16 July 2008 16:10 Construction of 36 residential buildings comprising 1,000 housing units. Closing date: 21 August 2008   http://www.meed.com:80/tenders/2008/07/egypt_tender_housing_construction.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/tenders/2008/07/egypt_tender_housing_construction.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Jane Bishop 16 July 2008 11:00 Construction of 10 residential buildings. Closing date: 24 August 2008    http://www.meed.com:80/tenders/2008/07/egypt_tender_residential_buildings_10.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/tenders/2008/07/egypt_tender_residential_buildings_10.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Jane Bishop 13 July 2008 21:52 Owner/operator split brings conflicting claims over who will own iconic Palm Jumeirah hotel and tower. http://www.meed.com:80/news/2008/07/nakheel_claims_trump_tower_ownership.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/news/2008/07/nakheel_claims_trump_tower_ownership.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Ed James 11 July 2008 11:58 http://www.meed.com:80/images/trump-tower_resized_70_tcm24-1711133.jpg Construction of 11 residential buildings. Closing date: 25 August 2008    http://www.meed.com:80/tenders/2008/07/egypt_tender_residential_buildings_11.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/tenders/2008/07/egypt_tender_residential_buildings_11.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Jane Bishop 11 July 2008 16:23 Maintenance of low-cost housing units. Closing date: 27 July 2008 http://www.meed.com:80/tenders/2008/07/uae_tender_housing_maintenance.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/tenders/2008/07/uae_tender_housing_maintenance.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Jane Bishop 09 July 2008 16:59 Construction and maintenance of 123 traditional town houses. Closing date: 16 July 2008 http://www.meed.com:80/tenders/2008/07/bahrain_tender_housing_construction.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/tenders/2008/07/bahrain_tender_housing_construction.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Jane Bishop 09 July 2008 16:37 Construction of 12 residential buildings. Closing date: 21 July 2008 http://www.meed.com:80/tenders/2008/07/egypt_tender_residential_buildings.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/tenders/2008/07/egypt_tender_residential_buildings.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Jane Bishop 09 July 2008 15:36 Over $5.4bn worth of contracts were awarded across the Middle East region up to 8 July, according to this selected checklist compiled from MEED reports. Check back at the end of the month for a full list of contracts awarded in July. http://www.meed.com:80/contractawarded/contracts_awarded_monthly_round_up/2008/07/middle_east_contracts_awarded_july_2008.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/contractawarded/contracts_awarded_monthly_round_up/2008/07/middle_east_contracts_awarded_july_2008.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Beverly Shemaine 09 July 2008 13:52 http://www.meed.com:80/images/CONTRACTS_resized_70_tcm24-1375056.jpg   Construction of a commercial office building. Closing date: 3 August 2008    http://www.meed.com:80/tenders/2008/07/uae_tender_commercial_office_building_construction.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/tenders/2008/07/uae_tender_commercial_office_building_construction.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Jane Bishop 08 July 2008 14:11 Madain Properties, the Dubai-based firm that is planning to launch projects worth AED3bn ($817m) in the UAE this year, is to expand into Saudi Arabia and Abu Dhabi over the next 12 months. http://www.meed.com:80/news/2008/07/madain_to_expand_into_saudi_arabia_and_abu_dhabi.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/news/2008/07/madain_to_expand_into_saudi_arabia_and_abu_dhabi.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Christopher Sell 04 July 2008 16:42 Local developer Nakheel has invited five contractors to bid for a contract to build a real estate development next to the QE2 cruise ship, which is due to be moored permanently alongside the Palm Jumeirah. http://www.meed.com:80/news/2008/07/nakheel_invites_bidders_for_qe2_residential_towers_contract.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/news/2008/07/nakheel_invites_bidders_for_qe2_residential_towers_contract.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Colin Foreman 04 July 2008 16:15 The demand for waterfront properties remains strong and for developers, the economics of islands still make sense. http://www.meed.com:80/commentary/2008/07/space_will_limit_uae_island_projects.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/commentary/2008/07/space_will_limit_uae_island_projects.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Colin Foreman 04 July 2008 15:41 Over $6bn worth of contracts were awarded across the Middle East region in June, according to this selected checklist compiled from MEED reports throughout the month. http://www.meed.com:80/contractawarded/contracts_awarded_monthly_round_up/2008/06/middle_east_contracts_awarded_june_2008.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/contractawarded/contracts_awarded_monthly_round_up/2008/06/middle_east_contracts_awarded_june_2008.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Beverly Shemaine 16 June 2008 12:02 http://www.meed.com:80/images/CONTRACTS_resized_70_tcm24-1375056.jpg  Construction of housing facilities for staff. Closing date: 16 September 2008   http://www.meed.com:80/tenders/2008/07/uae_tender_housing_construction.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B http://www.meed.com:80/tenders/2008/07/uae_tender_housing_construction.html;jsessionid=50579C7C625691D9CBFCC0164BD4DC7B Jane Bishop 01 July 2008 22:16