Posted: 30-12-2007 , 14:15 GMT (Mena Report)

Real Estate Bank, the government-owned entity specialised in facilitating real estate credit for establishments and government organisations in the UAE, has signed a partnership agreement with National Bank of Abu Dhabi (NBAD), a leading bank in the UAE, to provide financing options for Al Maha Tower in Abu Dhabi.
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Real Estate Bank in partnership with NBAD (MENAFN)

Real Estate Bank in partnership with NBAD
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Sorouh awards Al Mashtal infrastructure package to Mouchel Parkman (AME Info)

Sorouh Real Estate, one of the UAE’s leading real estate developers, have announced the appointment of Mouchel Parkman as infrastructure consultants for Al Mashtal, Sorouh’s 736,000 sqm mixed-use development near the business district in Abu Dhabi.
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Sorouh awards Al Mashtal infrastructure package to Mouchel Parkman (Zawya)

Abu Dhabi, UAE - December 30, 2007 - Sorouh Real Estate Sorouh Real Estate , one of the UAE’s leading real estate developers, have announced the appointment of Mouchel Parkman as infrastructure consultants for Al Mashtal, Sorouh Sorouh ’s 736,000 sqm mixed-use development near the business district in Abu Dhabi.
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QP sprucing up Halul Island facilities for export expansion (Gulf Times)

DOHA: QP’s Offshore Operations is further developing Halul Island, the export terminal for crude oil produced from Qatar’s offshore oilfields. The Halul terminal provides storage facilities to Qatari oilfields including Maydam Mazam, Bul Hanain, North Dome, South Dome, Al Shaheen and Al Khaleej.
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Subprime crisis will not hit UAE property market (MENAFN)

Subprime crisis will not hit UAE property market
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Sorouh appoints Parsons/Mouchel Parkman as JV consultants for Al-Ghadeer infrastructure (AME Info)

Sorouh Real Estate, one of the UAE’s leading real estate developers, have announced the appointment of Parsons/Mouchel Parkman as joint venture infrastructure consultant for Al-Ghadeer, Sorouh’s integrated mixed use development located at Seih Al-Sdeira on the Abu Dhabi-Dubai border.
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Subprime crisis ‘will not hit UAE property market’ (Khaleej Times)

DUBAI — A real estate business executive has dismissed fears that the US subprime mortgage crisis would spill over to the UAE property sector, saying that the local market looks promising and is seen to maintain growth for several more years.
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Al Tassan: It is safer for developers to keep in real estate development business (MENAFN)

Al Tassan: It is safer for developers to keep in real estate development business
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Al Reem Island gets Dh25.55b in investment (Zawya)

Dubai: The Al Reem Island project has attracted more than Dh25.55 billion in investments, according to Dr. Abdul Rahman Al Tassan, CEO of Rakaa Properties, the real estate subsidiary of Rakaa Holding.
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