<rss version="0.91">
<channel>
<title>www.bi-me.com RSS feed for &#8211; Real Estate</title>
<link>http://www.bi-me.com</link>
<description>Middle Eastern Business News and Data</description>
<language>en-us</language>
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<title><![CDATA[GCC market for construction chemicals has seen rapid development]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=45013</link>
<description><![CDATA[INTERNATIONAL. Value Engineered solutions targeting infrastructure and low income housing projects steer the GCC construction chemicals market forward, according to Frost &amp; Sullivan.]]></description>
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<title><![CDATA[Gulf Technical Construction Company awarded 2 contracts]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44846</link>
<description><![CDATA[INTERNATIONAL. GTCC Dubai, a subsidiary of Drake &amp; Scull Construction, has been awarded 2 contracts valued at US$131 million by DAMAC Properties in Dubai. ]]></description>
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<title><![CDATA[Governments lead the way in GCC projects]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44996</link>
<description><![CDATA[UAE. Heavy investment in infrastructure helping to reduce contraction in construction industry, say organisers of CityBuild Abu Dhabi.]]></description>
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<title><![CDATA[Mourjan Marinas IGY signs Memorandum of Understanding with GREDCO]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=45008</link>
<description><![CDATA[BAHRAIN. Mourjan Marinas IGY has announced its partnership with Global Real Estate Development Company for the development of two marinas as part of the upcoming Marsa Al Seef project Bahrain.
]]></description>
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<title><![CDATA[Aldar brings Abu Dhabi&#039;s Yas Island to ITB Berlin]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44999</link>
<description><![CDATA[UAE. Aldar to support the Abu Dhabi Tourism Authority in showcasing the best of what Abu Dhabi has to offer. ]]></description>
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<title><![CDATA[Abu Dhabi housing market reached standstill,  says Landmark Advisory ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44990</link>
<description><![CDATA[UAE. Landmark Advisory forecasts that property prices and transactions in Abu dhabi are not likely to increase on the back of mortgage rate cuts and delivery of new units expected to take place at the end of the second quarter.

]]></description>
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<title><![CDATA[Saudi Arabia&#039;s construction sector achieves 3.9% real growth in 2009]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44982</link>
<description><![CDATA[SAUDI ARABIA. Real growth in the construction sector of Saudi Arabia reached 3.9% in 2009 with real estate growing by 1.8% according to a report from the Ministry of Finance.]]></description>
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<title><![CDATA[Europe&#039;s largest architect arrives in Abu Dhabi]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44965</link>
<description><![CDATA[UAE. Europe&#039;s largest building design practice has announced that it will open an office on 1 April in Abu Dhabi after agreeing to merge with local based multidisciplinary design practice SYNA.]]></description>
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<title><![CDATA[UAE real estate market to witness demand-supply balance in 2010]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44931</link>
<description><![CDATA[UAE. Amidst expectations that the UAE&#039;s economy will rise by 3.2% in 2010, Shaikhani Group has predicted that the country&#039;s real estate market is poised for demand-supply balance this year.]]></description>
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<title><![CDATA[CMCS signs major deal to build up SOFCON&#039;s project management capacity]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44922</link>
<description><![CDATA[INTERNATIONAL. Annual 3.5% growth of Middle East construction sector to hike demand for engineering, procurement &amp; construction management expertise.]]></description>
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<title><![CDATA[Jones Lang LaSalle Middle East and North Africa appoints new head of retail division]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44906</link>
<description><![CDATA[UAE. Jones Lang LaSalle has announced the appointment of David Macadam as head of retail division, a newly created business unit in the MENA region.  
]]></description>
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<title><![CDATA[Open debate on future of real estate investment]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44913</link>
<description><![CDATA[UAE. Sweeping agenda at transparent 36-session Cityscape Abu Dhabi conference with 120 regional and international speakers.]]></description>
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<title><![CDATA[Pearl Dubai partners with Singapore Sotheby&#039;s International Realty ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44910</link>
<description><![CDATA[UAE. Dubai Pearl will commence a road-show across key Asian hubs in collaboration with Singapore Sotheby&#039;s International Realty.]]></description>
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<title><![CDATA[Diyar Al Muharraq teams up with Samaheej Club]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44895</link>
<description><![CDATA[BAHRAIN. Diyar Al Muharraq has singed a sponsorship agreement with Samaheej Sports Club.  
]]></description>
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<title><![CDATA[Al Habtoor Group launches its online social network ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44868</link>
<description><![CDATA[UAE. Al Habtoor Group is gearing up to celebrate its 40th anniversary in a rather special way. 
]]></description>
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<title><![CDATA[Istithmar hands over prime New York Times Square property to Danske Bank]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44865</link>
<description><![CDATA[UAE. Istithmar bought the building, formerly known as the Knickerbocker Hotel, for US$300 million in June 2006.]]></description>
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<title><![CDATA[Occupancy now over 90% at Discovery Gardens]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44860</link>
<description><![CDATA[UAE. Dubai&#039;s Asteco property management (PM) dominates mixed-use development - portfolio of 14 buildings running at over 90% occupancy.]]></description>
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<title><![CDATA[Arabtec posts quarterly loss on bad debts]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44843</link>
<description><![CDATA[UAE. Arabtec Holding posted its first ever quarterly loss after a charge of about US$80 million for bad debts, missing analysts&#039; forecasts.]]></description>
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<title><![CDATA[Qatari Diar enters landmark joint venture with Saudi Binladin Group]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44795</link>
<description><![CDATA[QATAR. Qatari Diar Real Estate Investment Company has signed a highly significant Shareholders&#039; Agreement to establish the &#039;QD SBG Group.&#039; ]]></description>
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<title><![CDATA[Hydra Properties launches in-house bilingual call centre]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44806</link>
<description><![CDATA[UAE. Hydra Properties has recruited a new team of bilingual call centre agents to provide customer advice in Arabic and English.]]></description>
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<title><![CDATA[Mammoth construction projects uplift prospects for facilities management market in Middle East]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44777</link>
<description><![CDATA[INTERNATIONAL. The facilities management  market in the Middle East has been fuelled by ongoing multi-billion dollar construction projects. ]]></description>
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<title><![CDATA[Inaugural Arabian Construction Week in Abu Dhabi to gather region&#039;s industry leaders]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44731</link>
<description><![CDATA[UAE. Arabian Construction Week will gather a spectrum of exhibiting companies, trade visitors and senior industry leaders in Abu Dhabi. ]]></description>
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<title><![CDATA[Arabtec extends due diligence for Aabar merger]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44709</link>
<description><![CDATA[UAE. Due diligence has been extended to April 16, in a move that will encourage investors that the deal will progress.
]]></description>
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<title><![CDATA[Middle East construction sector to overtake Europe &amp; North America ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44701</link>
<description><![CDATA[INTERNATIONAL. More project management expertise needed for trillion-dollar Middle East and North Africa projects.

]]></description>
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<title><![CDATA[Kleindienst Group becomes first developer to break ground on Dubai&#039;s The World]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44672</link>
<description><![CDATA[UAE. The Heart of Europe is a six-island, 12-site luxury holiday development by the Kleindienst Group on The World project in Dubai. 

]]></description>
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<title><![CDATA[Middle East MEP services market to reach US$22.4 billion, reveals Frost &amp; Sullivan analysis]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44630</link>
<description><![CDATA[UAE. This development of the construction industry bodes well for the mechanical, electrical, and plumbing (MEP) services market, since it is considered an integral service within the construction industry. 

]]></description>
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<title><![CDATA[Abu Dhabi property prices seen falling another 30% through 2012]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44619</link>
<description><![CDATA[UAE. Housing supply growth was poised to outstrip demand growth, UBS said in a note to clients.]]></description>
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<title><![CDATA[Burj Khalifa readies to welcome first residents ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44614</link>
<description><![CDATA[UAE. Burj Khalifa is readying to welcome its first residents with the orientation programme for home-owners of Armani Residences, located on levels 9 to 16 of the tower, currently ongoing. 
]]></description>
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<title><![CDATA[Europeans invest US$16.35 million in &#039;Oceana&#039; lifestyle ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44542</link>
<description><![CDATA[UAE. Almost half of the investors are British, Russians account for around 25% of our sales, with the French, Dutch and Belgians making up the bulk of the rest, According to Hollingdale.

]]></description>
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<title><![CDATA[UAE real estate to benefit from UK tax hike ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44513</link>
<description><![CDATA[UAE. Real estate professionals in Dubai are waiting for a potential exodus of UK residents desperate to escape a new 50% tax rate which will come in to force in April 2010 affecting tens of thousands of UK professionals.]]></description>
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<title><![CDATA[Egypt construction sector spending to hit  US$7.3 billion by 2015]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44509</link>
<description><![CDATA[EGYPT. The country&#039;s residential construction segment will increase to US$606 million in 2015 due to the implementation of new government policies to help create a stronger housing finance system.]]></description>
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<title><![CDATA[Abu Dhabi Urban Planning Council unveils Urban Street Design Manual ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44506</link>
<description><![CDATA[UAE. The Urban Street Design Manual will be showcased on an interactive display at Cityscape Abu Dhabi 2010 to be held from 18-21 April at ADNEC. ]]></description>
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<title><![CDATA[Dubai World expected to present restructuring plan in March]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44474</link>
<description><![CDATA[UAE. Dubai World is expected to present a proposal in March for the restructuring of its US$22 billion in debt, a government spokeswoman said.]]></description>
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<title><![CDATA[Protecting a national asset: Burj Khalifa Towers with a 100 year design life]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44413</link>
<description><![CDATA[UAE. The significance of designing and building the tallest building on Earth has become a matter of national pride making the protection of this national asset a priority to the government of the UAE, investors, and the tourism industry.]]></description>
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<title><![CDATA[R+T Middle East 2010 seeks to capitalise in commercial and industrial development in Lebanon]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44420</link>
<description><![CDATA[LEBANON. R+T Middle East 2010 will open the gateway for developers of industrial, commercial as well as residential developments to access a premium selection of world-class automatic garage, industrial doors, and roller shutters..]]></description>
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<title><![CDATA[Arabian World Construction Summit 2010 to focus on &#039;Growing in a Challenging Market&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44419</link>
<description><![CDATA[UAE. MEED has announced the AWCS 2010 will focus on how the industry is gearing up to seize the opportunities presented by the 2010 GCC growth forecasts.]]></description>
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<title><![CDATA[Deyaar reports 2009 annual net profit of US$8.17 million]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44398</link>
<description><![CDATA[UAE. Deyaar announced today its financial results for the 12 months ending 31 December 2009. 
 ]]></description>
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<title><![CDATA[Abu Dhabi can lead recovery in property market ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44390</link>
<description><![CDATA[UAE. Abu Dhabi has the potential to lead the regional recovery in the property and real estate market in the medium to long term, according industry experts. ]]></description>
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<title><![CDATA[Ras Al Khaimah in major infrastructure investment drive]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44367</link>
<description><![CDATA[UAE. Funds are to be spent in the development of  ports system, sewage plants, industrial parks, natural parks, and educational facilities.]]></description>
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<title><![CDATA[Aldar reports fourth quarter loss]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44360</link>
<description><![CDATA[UAE. Abu Dhabi&#039;s Aldar Properties reported a surprise loss in the fourth-quarter as it failed to make any land sales in the quarter.]]></description>
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<title><![CDATA[Jones Lang LaSalle reveals top 10 UAE real estate trends for 2010]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44347</link>
<description><![CDATA[UAE. In 2010 the UAE real estate market is moving away from the off-plan sales model towards a longer term model based on secure cash flows. Real estate investment vehicles are being redefined as more interest is shown towards co-investment vehicles. ]]></description>
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<title><![CDATA[Dubai Properties Group starts handover of Al Waha in Dubailand]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44342</link>
<description><![CDATA[UAE. Dubai Properties Group welcomes homeowners to a new development that provides a serene desert lifestyle with all the modern conveniences of city life. 
]]></description>
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<title><![CDATA[Abu Dhabi to play key role in property sector&#039;s regional recovery]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44339</link>
<description><![CDATA[UAE. TASWEEK Real Estate Development &amp; Marketing to discuss investment &amp; development opportunities in 2010 at Cityscape Connect Abu Dhabi.]]></description>
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<title><![CDATA[Khalaf Al Habtoor honoured in Cairo]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44314</link>
<description><![CDATA[EGYPT. Khalaf Al Habtoor has been honoured by the American University in Cairo as an &#039;extraordinary individual&#039;, in appreciation of the significant differences he has made to the prestigious educational institution.]]></description>
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<title><![CDATA[Regional construction industry shows signs of recovery]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44318</link>
<description><![CDATA[UAE. According to data from Dubai-based research firms projects registering a total value of around US$900 billion are under construction or in bidding in the UAE.]]></description>
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<title><![CDATA[Dubai Properties Group renews contract with Al Basti &amp; Muktha]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44305</link>
<description><![CDATA[UAE. Dubai Properties Group today announced it will renew its agreement with Al Basti &amp; Muktha to complete Al Khor Hotel and Residences in Dubai Healthcare City.]]></description>
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<title><![CDATA[Abu Dhabi to showcase its sustainable real estate model ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44302</link>
<description><![CDATA[UAE. Culture, sustainability and infrastructure underpinning UAE capital&#039;s development
 comes into focus at Cityscape Abu Dhabi 2010.]]></description>
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<title><![CDATA[Drake &amp; Scull International records 2009 net profit of US$90.74 million]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44287</link>
<description><![CDATA[UAE. The results showed annual profit of AED280 million for the calendar year starting 1 January 2009 and ending 31December 2009, recording a year-on-year profit increase of 32%, up from AED212 million (US$57.77 million) in 2008.]]></description>
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<title><![CDATA[Emaar Properties records 2009 annual net operating profit of US$633 million]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44246</link>
<description><![CDATA[UAE. Annual net operating profits for the period reached AED2.324 billion (US$633 million), as compared to the restated net operating profits of AED4.236 billion (US$1.153 billion) in 2008.]]></description>
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<title><![CDATA[Abu Dhabi to lead Middle East Strategy for international architects]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44228</link>
<description><![CDATA[INTERNATIONAL. The Middle East is set to become a key hub for growth for internationally acclaimed architecture and interior design practice Aukett Fitzroy Robinson .]]></description>
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<title><![CDATA[Egyp&#039;st economy grew 5.1% in the fourth quarter]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44233</link>
<description><![CDATA[EGYPT. Egypt&#039;s economy recorded its fastest growth in more than a year in the fourth quarter, boosted by tourism, construction and manufacturing.]]></description>
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<title><![CDATA[Coldwell Banker UAE to exclusively lease Abyaar Business Centre]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44192</link>
<description><![CDATA[UAE. Abyaar Real Estate signed an exclusive agreement with Coldwell Banker UAE today for the leasing of Abyaar Business Centre. ]]></description>
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<title><![CDATA[Dubai apartment prices fell 4.3% in the fourth quarter, reveals Landmark report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44174</link>
<description><![CDATA[UAE. Location and quality are driving apartment prices; while average prices decreased, select communities, including Palm Jumeirah and Downtown Burj Dubai, experienced slight increases according to Landmark Advisory&#039;s latest quarterly report.]]></description>
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<title><![CDATA[Cityscape Dubai rebranded as Cityscape &#039;Global&#039; ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44139</link>
<description><![CDATA[UAE. Cityscape management announced today that Cityscape Dubai has been renamed as Cityscape Global, acknowledging how the event has already evolved into a significant international platform for the real estate industry. ]]></description>
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<title><![CDATA[Emaar closes Burj Khalifa&#039;s observation deck for maintenance]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44156</link>
<description><![CDATA[UAE. &quot;Due to unexpected high traffic, the observation deck experience at the Burj Khalifa... has been temporarily closed for maintenance and upgrade,&quot; Emaar said.]]></description>
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<title><![CDATA[Aldar launches partnership programme]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44142</link>
<description><![CDATA[UAE. The programme will strategically and commercially align Aldar with reputable regional and international companies to build mutually beneficial long-term partnerships. 
]]></description>
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<title><![CDATA[Dubai Pearl achieves prestigious LEED Gold pre-certification]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44126</link>
<description><![CDATA[UAE. The pre-certification brings Dubai Pearl a step closer to setting a new precedent for sustainable urban communities in Dubai.]]></description>
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<title><![CDATA[Rimal completes work in Sun and Sky Towers]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44124</link>
<description><![CDATA[UAE. Rimal Engineering Products has today announced the completion of its work at the prestigious Sun and Sky towers on Reem Island, Abu Dhabi.]]></description>
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<title><![CDATA[Growing appetite for retail space at Limitless mixed-use project ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44121</link>
<description><![CDATA[UAE. Global banks are now open for business at The Galleries at Downtown Jebel Ali, while the first cafes, restaurants and convenience stores are getting ready to move in to the mixed-use community development by Limitless.  ]]></description>
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<title><![CDATA[Dubai Properties Group becomes member of United Nations Global Compact]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44107</link>
<description><![CDATA[UAE. With the UNGC membership, Dubai Properties Group joins an elite list of over 5,500 business participants and other stakeholders from more than 130 countries.]]></description>
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<title><![CDATA[Abu Dhabi Ship Building to increase Emirati management staff ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44084</link>
<description><![CDATA[UAE. ADSB has announced that it will expand its Emirati management staff to 30% within the next five years to complement nationwide Emiratisation efforts. ]]></description>
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<title><![CDATA[Dubai&#039;s Limitless to seek US$1.2 billion loan rollover, say banking sources ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44069</link>
<description><![CDATA[UAE. Dubai World will seek to roll over a US$1.2 billion Islamic loan at its Limitless property unit due in March but it is unclear whether banks will agree in the absence of a standstill agreement.]]></description>
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<title><![CDATA[New York University, Abu Dhabi agree on strict labour standards for new campus]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44068</link>
<description><![CDATA[UAE. NYU which will start building its Abu Dhabi campus this year, said it agreed with its government partners to require contractors to limit work hours, let workers keep their passports, and absorb recruitment costs.]]></description>
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<title><![CDATA[Qatari Diar finalises negotiations on strategic partnership with Vinci]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44039</link>
<description><![CDATA[QATAR. After a round of exclusive negotiations that began on 31 August 2009, Diar has agreed to the wholesale transfer of Cegelec in exchange for 31.5 million shares in Vinci. 

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<title><![CDATA[MEP works project awarded to Drake &amp; Scull International Abu Dhabi]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44020</link>
<description><![CDATA[UAE. The contract has been awarded by Arabian Construction Company and is valued at AED187 million (US$50.95 million).]]></description>
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<title><![CDATA[Danube sustains growth momentum in 2009 ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=44018</link>
<description><![CDATA[UAE. Danube Building Materials posted more than four times growth in the last 5 years and reported an AED1 billion  (US$272 million) sales turnover in 2009, despite the slump in the regional and global real estate and construction sectors last year.]]></description>
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<title><![CDATA[FutureBrand launches the annual Gulf Real Estate Study]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43988</link>
<description><![CDATA[INTERNATIONAL. The fifth annual edition of the GRES, launches today. The detailed report offers an incisive brand analysis of the Gulf real estate market during 2009, a year of record highs and lows. ]]></description>
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<title><![CDATA[Ras Al Khaimah Investment Authority and Rakeen Development determined to find solutions]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43930</link>
<description><![CDATA[UAE. This Project is one of the major real estate developments behind the success of Ras Al Khaimah as an investment destination and business hub.]]></description>
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<title><![CDATA[Middle East construction industry to descend on Abu Dhabi]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43947</link>
<description><![CDATA[UAE. Sustainable development projects in capital will help maintain momentum for UAE construction industry, say organisers of CityBuild Abu Dhabi.]]></description>
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<title><![CDATA[Tamweel reduces base rate]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43926</link>
<description><![CDATA[UAE. Tamweel announced today a reduction in its base rate by 50 basis points to 7.9% for all flexible rate products effective 01 March, 2010.]]></description>
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<title><![CDATA[International Investment Bank commences the construction of Sarajevo City Center]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43912</link>
<description><![CDATA[BAHRAIN. International Investment Bank announces the rapid progress of its new real estate initiative in Sarajevo, the capital of Bosnia &amp; Herzegovina, comprising 3 main components.]]></description>
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<title><![CDATA[Sales Price Index for Dubai residential properties increases 0.7% in fourth quarter 2009]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43908</link>
<description><![CDATA[UAE. The &#039;Sales Price Index for Dubai&#039; for residential properties has risen by 0.7% in the fourth quarter of 2009 as against third quarter 2009, according to figures released by REIDIN.com.]]></description>
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<title><![CDATA[Lebanon properties facing up to global crisis]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43891</link>
<description><![CDATA[LEBANON. Real estate prices had a sharp decline globally, while Lebanon enjoyed price increases in the same period. ]]></description>
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<title><![CDATA[Diyar Al Muharraq continues sponsoring Al Dair Club]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43888</link>
<description><![CDATA[BAHRAIN. Diyar Al Muharraq reaffirmed its commitment to the local community by renewing its sponsorship of Al Dair Club in Muharraq. 
]]></description>
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<title><![CDATA[Arabtec wins US$193 million Dubai tower contract]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43887</link>
<description><![CDATA[UAE. The contract value is for the first stage of the project, which will take 38 months to complete.]]></description>
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<title><![CDATA[Abu Dhabi&#039;s Sorouh fourth quarter net profit slumps 39%]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43862</link>
<description><![CDATA[UAE. Sorouh Real Estate, the UAE&#039;s second biggest developer by market value, reported a 39.4% decline in fourth quarter profit as it booked more provisions and saw losses linked to associates.]]></description>
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<title><![CDATA[Moody&#039;s downgrades Aldar to Baa2, ratings kept on review ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43855</link>
<description><![CDATA[UAE. Moody&#039;s Investors Service today downgraded the ratings for Aldar, the Trust Certificates (sukuk) issued by Sukuk Funding (No. 2) Limited and the guaranteed Notes issued by Atlantic Finance Limited, to Baa2 from A3. 

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<title><![CDATA[Rakeen inks deal with Harradine Golf for Georgia project]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43850</link>
<description><![CDATA[INTERNATIONAL. Rakeen has announced that it has teamed up with Harradine Golf from Switzerland to design and construct an 18-hole golf course in Mukhrovany.]]></description>
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<title><![CDATA[Demand for villas and townhouses remain strong despite the current economic situation]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43832</link>
<description><![CDATA[UAE. The project attracted buyers due to its potential when it comes to offering stable capital gains and above average annual rental yields, says Harbor Real Estate. 

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<title><![CDATA[Sweet Homes confident of steady property prices within Ajman in 2010]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43818</link>
<description><![CDATA[UAE. Sweet Homes Holdings is confident that the prices of properties within its two Ajman-based projects will remain stable all throughout 2010. 
]]></description>
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<title><![CDATA[Lebanon&#039;s construction projects worth US$1.8 billion]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43761</link>
<description><![CDATA[LEBANON. Lebanon&#039;s project-driven sectors are increasingly relying on skills investment through project management training to minimise project failure. ]]></description>
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<title><![CDATA[Masdar and Bayer MaterialScience sign co-operation on sustainable construction]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43763</link>
<description><![CDATA[UAE. Bayer to implement EcoCommercial building program in Masdar City to highlight energy-efficient and economic construction in subtropical climate.
]]></description>
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<title><![CDATA[Arab investors poised to move on prime London real estate]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43741</link>
<description><![CDATA[INTERNATIONAL. Local knowledge key for equity rich Arabs as market dynamics boost office prices and capital gains says Asteco in fourth quarter report on UK property market.]]></description>
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<title><![CDATA[Dubai real estate market is becoming more attractive to tenants]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43718</link>
<description><![CDATA[UAE. The Dubai office market is becoming increasingly favourable for tenants as it is witnessing a significant demand-supply mismatch along with falling rentals and increased vacancies, according to Jones Lang LaSalle.]]></description>
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<title><![CDATA[Dubai WoodShow 2010 to feature &#039;Dubai WoodShow Forum&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43722</link>
<description><![CDATA[UAE. The 4-hour conference will be held daily during the &#039;Dubai WoodShow&#039;, which will run from 13-15 April 2010 at the Dubai Airport Expo.]]></description>
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<title><![CDATA[Dubai Holding unit makes US$100 million bond payments]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43712</link>
<description><![CDATA[UAE. Dubai Holding Commercial Operations Group said on Sunday it had made about US$100 million worth of scheduled distribution payments on three bonds due over the next five years.]]></description>
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<title><![CDATA[Dubailand delivers key leisure, entertainment and real estate developments during 2009]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43699</link>
<description><![CDATA[UAE. Dubailand marked the progress of a significant number of projects in 2009 and is poised to achieve new milestones for the coming year.
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<title><![CDATA[Dubai&#039;s debt may hurt UAE property market, says Nomura ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43690</link>
<description><![CDATA[UAE. Nomura said Dubai&#039;s debt crisis has sapped investor confidence and may hurt the property industry in the UAE this year.]]></description>
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<title><![CDATA[Memon Group unveils new brand identity &#039;Shaikhani Group&#039;
]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43675</link>
<description><![CDATA[INTERNATIONAL. Memon Group Chairman has revealed that the move is in line with the Group&#039;s new strategy for growth in the region, which involves undertaking of new projects and collaboration with leading industry partners. ]]></description>
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<title><![CDATA[Eastbridge Al Mal Holdings to invest in US real estate opportunities]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43656</link>
<description><![CDATA[KUWAIT. Eastbridge Al Mal&#039;s real estate activities will principally be focused on opportunistic investments in high quality, income producing commercial real estate assets in major US cities ]]></description>
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<title><![CDATA[Masdar, Sener joint venture Torresol Energy secures US$ 760 million loan]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43648</link>
<description><![CDATA[UAE. Torresol Energy has secured project finance loans for the construction of its twin concentrated solar power plants - Valle 1 and Valle 2 - in Andaluc&Atilde;&shy;a, Spain. ]]></description>
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<title><![CDATA[Qatar rental market seen &#039;flat&#039; but pick up expected ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43608</link>
<description><![CDATA[QATAR. Qatar&#039;s residential rental market remained relatively flat over the last three months of 2009 but witnessed a marginal increase in interest from tenants assessing the market towards the end of the quarter, according to real estate services firm Asteco.]]></description>
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<title><![CDATA[Jim Rogers sees China property market in a bubble ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43578</link>
<description><![CDATA[INTERNATIONAL. Shanghai and Hong Kong property prices may fall after being driven higher by speculative demand. The rest of the Chinese economy is &#039;hardly in a bubble.&#039;


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<title><![CDATA[Dubai property prices seen falling further, oversupply increasing]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43600</link>
<description><![CDATA[UAE. &#039;We reiterate our view that by end of 2011 Dubai property oversupply on residential and commercial properties may reach roughly 40%-50% and house prices may decline another 30% from current levels,&#039; UBS said.]]></description>
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<title><![CDATA[Jordan&#039;s residential property market slow but steady ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43598</link>
<description><![CDATA[JORDAN. The residential property market in Jordan continues to show signs of settling with minimal movements in rental and sales values, according to real estate services firm Asteco.]]></description>
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<title><![CDATA[US$7 billion in GCC hotel projects under construction]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43569</link>
<description><![CDATA[INTERNATIONAL. Even with revenue and room rates falling, hotels in the Middle East are faring better than the rest of the world in the global downturn and rank higher when compared with Europe, Asia-Pacific and the Americas, according to a Deloitte analysis of STR Global data. ]]></description>
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<title><![CDATA[Dubai House Price Index rises close to 1% in fourth quarter, says Collier International]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43540</link>
<description><![CDATA[UAE. The Index, compiled using actual mortgage transaction data from a consortium of financial institutions, indicates a leveling of property values in fourth quarter following the 7% increase of the previous quarter. 

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<title><![CDATA[Sharjah residential rents firming-up in fourth quarter 2009]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43537</link>
<description><![CDATA[UAE. Slowdown in the decrease of Sharjah apartment rents, villa rents virtually unchanged, says final quarter report from property services company Asteco.]]></description>
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<title><![CDATA[UAE Vision 2010 report  sees market gains of up to 25%]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43531</link>
<description><![CDATA[UAE. The SHUAA Capital report provides an overview of the UAE&#039;s market outlook for 2010 with a special focus on the banking, real estate and telecom sectors as well as stock briefs for more than 25 UAE listed companies.]]></description>
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<title><![CDATA[Ibn Battuta Gate ready for handover ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=43505</link>
<description><![CDATA[UAE. Dubai&#039;s latest mixed-use iconic gateway development of offices, apartments, a hotel and robotic car park now ready for handover to Seven Tides.]]></description>
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