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Bidding starts for Arabian Canal phase 2 contracts
Tristar Transport & Contracting is carrying out the excavation of part of the 75km long canal, including removing more than 200 million cubic metres of earth to be re-used to create new landscapes, including valleys and hills up to 70 metres high.
Arabian Canal project plots available soon
Limitless will start selling plots of land surrounding its Arabian Canal project to third-party developers in the next three months. Some of the land will be retained by Limitless for waterfront development.
Dubai hotels see 15% occupancy rebound in Feb
Dubai’s hotels posted a double digit occupancy rate increase in February, the first the emirate has seen since the start of the impact of the global downturn on its tourism sector.
UAE’s infrastructure growth seen at 3.3% in 2010
This growth will be fuelled by and large Abu Dhabi, and to a lesser extent transport infrastructure projects in Dubai such as the Green Line metro project, the Al-Maktoum International Airport and the expansion of Dubai Airport,” the report said.
