The smart and sustainable satellite city, located towards the Al Lusail desert area, will be in the shape of a desert flower.
Alliances Group and EBRD sign agreement to construct 3- and 4-star hotels in various cities to meet the strong demand for such services.
Official says the cut will affect planned projects but not those underway; no project will be shelved.
Radiant Star Group of Companies, a Dubai-based developer, will be awarding the construction contracts of its two projects in Jumeirah Village Circle (JVC) with a gross development value of USD 132.15 million (AED 485 million), before the year-end, a senior company executive told Zawya Projects in an exclusive.
The three projects are in the design stage; meanwhile the company will unveil The Sterling and Anwa at the upcoming Cityscape Global 2014.
The project, which is located in Dubai Maritime City, was put on hold in 2010 due to the financial crisis.
The Qetaifan Islands is one of the 19 districts being built in the USD 45 billion Lusail City project spread over an area of 38 square kilometres.
The port is part of a project constructing many harbors for local fishermen in east Saudi Arabia.
AMAS is Bahrain’s largest social housing development supplying 15,628 housing units to Bahraini nationals.
The new project will connect Medina with Tabuk besides support the planned power link with Egypt.