ArabianBusiness.com - Middle East Business News
Saturday, 21 November 2009 14:58 UAE time

YOUR DIRECTORY /

Omniyat Properties

Main Category: Real Estate - Office / Accommodation
First Address : PO Box 121926
City : Dubai
Country : United Arab Emirates
Phone: 971 4 3063300
Fax: 971 4 3063333
Website: www.omniyat.com


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High profile Dubai project faces delay - architect

EXCLUSIVE: The Pad, one of world's most high-tech schemes, set to miss 2010 date.

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Breakfast Club

The second fmME Breakfast Club meeting - the forum for passionate industry leaders and knowledge sharers - moved forward on the formation of a licensed trade association for the sector as a whole.

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‘Smart’ backbone

A groundbreaking integrated building management system (IBMS) is being rolled out at One Business Bay by Omniyat Properties. MEP Middle East speaks to FM director Terry John-Baptiste about this ‘smart' backbone.

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Omniyat chairman upbeat despite senior departures

EXCLUSIVE: Real estate chief says leadership shake-up 'essential for any organisation'.

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Future first

fmME speaks to Omniyat Properties FM director Terry John-Baptiste about its groundbreaking integrated building management system (IBMS) being rolled out at One Business Bay.

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CEO denies Omniyat departure 'on bad terms'

EXCLUSIVE: Peter Walichnowski gives first interview since quitting UAE developer.

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Omniyat Properties CEO leaves in shake-up

EXCLUSIVE: Chief exec Peter Walichnowski among senior departures at UAE real estate company.

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Omniyat Properties MD leaves company

EXCLUSIVE: Managing director Alex Andarakis leaves UAE real estate firm by mutual agreement.

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Developers must get proactive over real estate payment plans

A leading property executive said developers need to adopt a proactive approach to ease liquidity problems in the real estate market.

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Some developers “will go bust”

It is inevitable that some developers will face bankruptcy before the end of this year as a result of the slowdown in the Dubai real estate market, a panel of experts have agreed.

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Dark days ahead

Peter Walichnowski, CEO of Omniyat Properties, on the challenges Dubai’s real estate sector faces in 2009.

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Diversify or die

Branching out is the best way of ensuring survival, say economic experts, as several developers heed advice and do just that.

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Harsh times

If there was any doubt about the challenges regional businesses face in the coming few months, recent headlines will have dispelled it.

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A developer's view

Alex Andarakis, managing director of Omniyat Properties, says firms must plan for stronger future during real estate slowdown.

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Third of staff axed at Omniyat

Dubai-based developer takes decision amid global financial crisis, top bosses take 30% pay cuts.

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Up to 100 Omniyat jobs at risk

EXCLUSIVE: Dubai developer puts brakes on up to six future projects, jobs under threat, sources say.

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Omniyat cuts jobs as real estate squeeze continues

Dubai developer says slowdown forcing company to rethink project launches.

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Omniyat’s Gemini project breaks ground in Business Bay

Omniyat Properties has announced the beginning of construction on its US$136m office tower in Business Bay.

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Whodunnit at Business Bay

Developers in Dubai are pushing ahead with projects with little regard for infrastructure, according to an MEP coordinator working in Business Bay.

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The must-have Pad

Omniyat unveils interior concepts of Business Bay's most stylish development.

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Entrepreneurial spirit

The real estate industry across the UAE is made up of numerous, dynamic individuals who create mind-blowing projects.

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Omniyat launches property investment vehicle

Dubai-based group to offer property funds worth $544mn this year, CEO Amjad says.

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Omniyat awards The Opus job to Multiplex

Omniyat Properties has awarded Nasa Multiplex the main construction contract for its US $ 463 million commercial development, The Opus, which will be built in Business Bay.

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Future builder

Mehdi Amjad went from selling computers to building high-tech skyscrapers in less than a decade.

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Omniyat star named Young Global Leader

WEF honours Mehdi Amjad for outstanding achievements and 'potential to shape the future'.

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Omniyat launches $327mn Business Bay tower

New 19-storey building brings Dubai-based developers' property investment to $5.7bn.

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Omniyat confident Dubai property market stable

Market will balance out when more housing supply comes online in 2009, CEO says.

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Omniyat to manage hotel developments

Omniyat Properties, the real estate development arm of UAE-based Omniyat Holdings, has formed a strategic partnership with Bahrain-based Investate which will see the company branch out into hotel development.

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New beginnings

Mehdi Amjad, CEO of Omniyat Properties outlines his ambitious growth plans.

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Cityscape 2007 highlights

Dubai was the centre stage of the biggest property exhibit on earth last month and Money Magazine was there to witness the billion-dollar deals in the three-day real estate event that will change the shape of the Middle East in the years ahead.

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Omniyat launch new investment venture

Omniyat have set the stage for massive expansion in the MENA region and beyond with the announcement of their new partnership with Investate.

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Omniyat Properties ties up with Bahrain Investment firm

UAE based Omniyat Properties, has signed a strategic partnership with Bahrain-headquartered Investate, the first of its kind in the Middle East to focus on investing in the region's booming real estate sector and beyond.

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Cityscape 2007 highlights

It is already the biggest real estate show in the world, and this year's exhibition got even bigger.

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Omniyat unveils $1.63bn of projects

Dubai-based property firm announces office complex and mixed-use developments for emirate.

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Dutco the one and only

Omniyat Properties has awarded the main construction package for its US $150 million (AED550 million) Binary project to Dutco Balfour Beatty Group, and construction has now entered its first phase.

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Omniyat Properties Binary enters phase one

Omniyat Properties has entered the first phase of main construction on The Binary project in Dubai's Business Bay District.

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Futuristic tower wins four awards

The Pad will feature a range of intelligent technologies.

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China State takes Bayswater build

Omniyat Properties has awarded China State Construction Engineering Corporation the main contract for its US $92 million (AED345 million) 25-storey commercial tower, Bayswater, in Business Bay.

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Omniyat CEO dismisses Dubai property ‘bubble’

Omniyat Holdings CEO Mehdi Amjad has dismissed recent speculation regarding the bursting of the Dubai real estate ‘bubble'.

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Contractors compete for ‘The Pad’

Tender decisions set to be made for contracting work on The Pad.

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Omniyat Properties buyer incentive raffle launched

Omniyat Properties, the UAE's leading futuristic real estate and property developer and a member of Omniyat Holdings, recently launched a new Dubai Summer Surprises buyer incentive raffle for those who invest in any of its publicly launched projects during summer, which potentially could reach US$4.35m (AED16m).

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Omniyat dismisses Dubai property bubble

Chief executive claims demand for homes and offices in Dubai will continue well into the next decade.

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Banks get on escrow bandwagon

Three leading banks launch escrow accounts following amendments to Dubai's property law.

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Stretching the limits of market maturity

Arabian Business reports on Dubai's astonishing real estate story, and asks whether the sector's record growth can continue in the long term.

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Cybertecture savvy

Omniyat Properties' bold bid to create the 'smartest' buildings in the Middle East.

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Living in the future

The fusion of technology and architecture promises a new world of lifestyle options which will surely change the way we live and communicate.

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Omniyat unveils $465m 'Opus'

Business Bay development is set to make its mark on the Dubai skyline.

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'Floating towers' to hover over Dubai

Omniyat Properties is to build a $266.7m development in the emirate's Business Bay district.

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ETA wins One Business Bay contract

Emirates Trading Agency (ETA) Mechanical & Electrical Division is to complete the MEP installation at One Business Bay.

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Main package on One Business Bay awarded

Emirates Belbadi Contracting collects the US $54 million construction contract

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Tejoori closes musharaka deal

Tejoori Limited, the investment company headquartered in Dubai and listed on the Alternative Investment Market in London, has closed its musharaka agreement with Omniyat Properties Eleven

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Cityscape preview

Cityscape Dubai is now the largest property exhibition of its kind in the world. CEO Middle East previews the best in class and discovers why you should pay it a visit and invest in one of the fastest growing regional sectors

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READER COMMENTS

  1. Somali pirates free UAE-owned cargo ship 02
    21 Nov ' 09 at 07:58
    In the old days pirate ships were blown out of the water as soon as spotted.Now they have to wait until they attack a ship and then...   More  »
  2. UAE announces Eid and National Day holidays 01
    20 Nov ' 09 at 15:56
    Eid and National Day are two great occassions and very close to each other. It would be a great act for the UAE authorities to extend...   More  »
  3. Where have all the optimists gone? 01
    20 Nov ' 09 at 16:54
    Dubai unfortunate is not more in fashion, the bubble was big , the growing went fast and the down turn even faster.Many of my clients...   More  »

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