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Wed, 07 Jan 2009 | 16:57 GMT
 

Projects Monitor 
 
 

  • RAK FTZ Launches New Business Centre Facility At Business Park

    07 January 2009 Ras Al Khaimah, UAE - Ras Al Khaimah Free Trade Zone (RAK FTZ), one of the fastest growing free trade zones in the region, has recently launched a brand new commercial building in the Business Park - Business Centre 4. Launched end of... Press Release - 07Jan09

  • WCT and Arabtec say projects not affected

    WCT Engineering Berhad and Arabtec have said their other ongoing projects in the region will not be affected following the cancellation of the Dh4.6 billion Meydan racecourse project at Nad Al... Emirates Business 24/7 - 07Jan09

  • Qatar: QR500m project management firm launched

    Qatar Project Management Company (QPM), a new Qatari company specialising in world-class real estate and infrastructure project management services, announced the launch of its operations... The Peninsula - 07Jan09

  • Sweet Homes awards Dh450m contract

    Sweet Homes, a leading UAE-based developer and total solutions provider to the real estate sector, has awarded a Dh450 million contract to Sharjah-based Master Civil Construction Company for the construction of Towers B10, B14 and B15 - three out of the... Gulf News - 07Jan09

  • Saudi Emaar Econ City To Build First School At SAR120M

    Emaar the Economic City, the developer of King Abdullah Economic City in Saudi Arabia, said it has signed a 120 million Saudi riyals ($32 million) deal to build the first school in the... Zawya Dow Jones Newswires - 06Jan09

  • Phase I of Bawabat Al Sharq moves full steam ahead

    Baniyas Investment and Development Company (BID), the investment arm of Bani Yas Sports Club, today announced significant progress achieved on the AED 3 billion Bawabat Al Sharq project - a mixed-use development community located in Bani Yas, Abu Dhabi.... Press Release - 06Jan09

  • Subiya road expansion still on

    The head of the Road Development Department at Kuwait's Ministry of Public Works Saud Al-Naqqi said that the second phase of the Subiya road expansion plan will be completed by the end of... Kuwait Times - 06Jan09

  • Sondos Tower delivery process starts

    06 January 2009 Tiger Properties, a Dubai-based developer, yesterday said it has commenced handover procedures to investors and end-users for its Sondos Tower in Sharjah.Sondos Tower is the fourth consecutive tower that the company will deliver to... Emirates Business 24/7 - 06Jan09

  • Dubai Maritime City to be completed on schedule

    The development of Dubai Maritime City, the world's first purpose-built maritime centre and part of the Dubai World Group of companies, is expected to be completed on schedule as it continues to achieve major... Emirates Business 24/7 - 06Jan09
 
 

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ZawyaSelect
Real Estate
Dubai Dream Turns Sour
Dubai's rapid expansion in recent years provided jobs for millions. But the global financial meltdown has abruptly ended the dream for many people as more and more firms sack staff to cut costs.
 
The Toolbox

Projects     

Name WDEPC - Abu Qir Power Plant Expansion - Civil Works
Country Egypt
Value USD 215,000,000 (estimated)
Industry Power and Water | Power Generation
Status Construction - Awarded
Completion 2012
On 10 December 2008, the construction contract was awarded to Orascom Construction Industries. However, WDEPC is reconsidering the award due to the high price of the contract in light of falling construction costs.
» View Full DetailsUpdated: 30Dec08
 
 
 
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