ArabianBusiness.com - Middle East Business News Sunday, 06 July 2008 | 12:01 UAE time

YOUR DIRECTORY /

Sorouh Real Estate

Main Category: Real Estate - Office / Accommodation
First Address : PO Box 93666
City : Abu Dhabi
Country : United Arab Emirates
Phone: 971 2 4440006
Fax: 971 2 4440066
Email: sales@sorouh.com
Website: www.sorouh.com


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ALL STORIES LIST


Sorouh to form sales joint venture

Abu Dhabi developer acquires undisclosed stake in local estate agent to push sale of properties.

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Sorouh MD warns developers to deliver on promises

Abu Dhabi's largest listed developer fears rogue firms undermining confidence.

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$11bn needed to develop Lulu Island

CITYSCAPE: Abu Dhabi-based Sorouh's masterplan for development in final stages, official says.

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Sorouh plans $1bn securitisation

CITYSCAPE: Abu Dhabi-controlled developer to use cash for general funding purposes, CEO says.

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Abu Dhabi boom drives profits

Sorouh, Aldar announce triple-digit revenue growth from epicentre of emirate's real estate action.

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Abu Dhabi, Jordan seal $5bn venture

Al Maabar to develop port and tourist, residential and commercial buildings in Red Sea city of Aqaba.

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Abu Dhabi bourse plans Asia roadshow

Some of emirate's biggest listed companies to accompany stock market on public relations drive.

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Sorouh to allow 40% foreign ownership

Abu Dhabi-based property developer moves to ensure majority rests with institutions, funds.

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Metro, Sorouh to develop entertainment in UAE

Mega firms team up to develop $1bn theme park, hotels and cinemas in Abu Dhabi.

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Sorouh plans overseas acquisitions

Sorouh Real Estate Company has established a unit in Dubai, allowing it to make overseas acquisitions.

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Markets continue slump ahead of Fed cut

All Gulf states pegged to US dollar see markets drop on concerns US will slash rates.

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Gulf markets rebound

Stocks across region push markets to higher close, bar Saudi which drops for fifth time in six days.

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Abu Dhabi homes to rise 20% this year

Prices to jump as demand outweighs supply and low interest rates fuel investment, says Sorouh exec.

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Sorouh sees strong capital demand

Strong demand for hotel rooms in Abu Dhabi is driving development in the UAE's capital, according to Sorouh executive director sales and marketing Masood Al-Awar.

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Reinvention a must to survive

Contractors and developers in the Middle East need to ‘reinvent' themselves in order to remain competitive and avoid potentially huge losses.

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Gulf states face labour exodus

Contractors will struggle to retain Asian workers as pressure on dollar continues, warns expert.

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Sorouh wins prize for Abu Dhabi Park

Abu Dhabi-based real estate company Sorouh has won a prize for its Central Park at Shams Abu Dhabi project.

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Tunisia’s $10bn super city

New Abu Dhabi development giant Al Maabar is eyeing African opportunities.

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Maabar unveils $10bn Tunis plan

UAE developer's 'Town of Flowers' complex will be one of Africa's biggest real estate projects.

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Sorouh profit dips in fourth quarter

Abu Dhabi-based real estate developer sees net income decline 2.5% year-on-year to $131mn.

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Sorouh/Tabreed deal

Sorouh Real Estate has formed a joint venture company with Tabreed to provide district cooling to Sorouh's Shams development in Abu Dhabi.

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Mövenpick heading for Al Ain

Swiss hotel company plans another flag for the UAE to be open by 2010.

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Reaching for the sky

Drywalling products are as much in demand across the region as any other building material.

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Island life

How do you design and build an entire city on an island within less than ten years? Alison Luke finds out at Shams Abu Dhabi.

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Land, unit sales push Sorouh profit up 40%

UAE's third-largest developer sees Q3 net income rise to $59.1mn as revenues more than double.

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Dubai makes record books with world's biggest ad

Advertising banner the size of three football pitches unveiled at Dubai airport.

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Sorouh unveils commuter haven

CITYSCAPE: Abu Dhabi developer launches real estate project on the Abu Dhabi-Dubai border.

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Sorouh to 'cause a stir' with project launches

Abu Dhabi property firm planning to unveil several new developments at Cityscape.

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Mubadala to expand mortgage firm across UAE

Abu Dhabi investment agency says emirate is just start for mortgage finance joint venture.

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Gate deal for Khatib

Consultants Khatib & Alami have picked up a contract worth US $23.3 million (AED85 million) to design six of the eight towers which make up the Gate District on Shams Abu Dhabi.

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Sorouh turns profit in Q2

Abu Dhabi-based property developer posts profit after Q2 revenue surges more than six-fold.

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Sorouh shortlists six for Saraya project

The real estate company has chosen six contractors for its $952mn Saraya project in Abu Dhabi.

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FIDIC 1999 or something else in disguise?

Michelle Nelson, partner, Masons Galadari, explores changes made to the Abu Dhabi government forms of contract.

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Three-way tie up in AD

Aldar Properties, Sorouh Real Estate and Reem Investments have tied up with First Gulf Bank to form a new property company, Inshaa.

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Planning will bring results

Mounir Haidar, CEO, Sorouh, talks about how planning and teamwork will bring success.

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Key will be managing risk as project complexity increases

Bassam Samman, CEO, CMCS, talks to Conrad Egbert about the growing need for project and risk management solutions on construction projects, as an increasing number of variables present themselves to the parties involved in the procurement process.

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Capital shining

Abu Dhabi is going all out in its quest for property supremacy with its billion-dollar projects all set to entice business and tourism.

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Strong Q1 growth for Sorouh

Sorouh Real Estate PJSC has announced operational net profits of US $30.95 million (AED113.7 million) for the first quarter of 2007.

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Abu Dhabi's Sorouh makes $31m Q1 profit

Real estate firm sells villas and apartments worth $435m; doesn't release last year's figures.

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Abu Dhabi's Sorouh seeks $1bn funding

Borrowing for new developments could see the value of projects triple to $32.68bn.

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Nurol collects Reem bridges

Nurol Construction and Trading Company has won a US $60.7 million (AED222 million) bridge construction package for Sorouh Real Estate's Shams Abu Dhabi project on Reem Island.

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Taking on the 'real' challenge

The stage is set for Abu Dhabi to shake things up in the property sector with its billion-dollar developments.

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Abu Dhabi developers plan project in Morocco

A company recently formed by four Abu Dhabi-based developers is set to build a massive real estate development in Marakech.

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Infrastructure tender expected on Al Reem Island

A US $680 million (AED2.5 billion) tender package for the construction of roads, bridges and utilities projects on Abu Dhabi's Al Reem Island is expected to be issued in May.

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UAE property giants team up

The new real estate player created by four Abu Dhabi developers is set to place the emirates on the international property map.

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Abu Dhabi property powers join forces

The UAE capital's four major property developers create new entity to take on global markets.

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ACC bags Sky towers

Arabian Contracting Company (ACC) has won a US $626 million (AED 2.3 billion) contract to construct the 83-storey Sky Tower and its sister tower, Tower 2, as part of Sorouh Real Estate's Gate District Project on its Shams Abu Dhabi development on Reem Island.

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Athena picks up Shams contract

Sorouh Real Estate has awarded a US $17.7 million (AED62.95 million) contract to Greek contractor, Athena, for its Shams Abu Dhabi Marina and seawall project.

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Emaar profits soar by 35% as firm shows 2006 strength

International expansion and global acquisitions increase profit by 35% in 2006.

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Central Park launched on Al Reem

Sorouh Real Estate has launched its Central Park project, which is a major component of its Shams Abu Dhabi development.

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Sorouh Real Estate | Sky Tower

Credits Project The Sky Tower

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Sorouh targets labour

Abu Dhabi developer picks up on trend to improve living conditions for workers

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Eight compete for Sorouh job

...

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More or less legislation?

Did Esca do the right thing naming and shaming Sorouh?

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