Emaar Properties, The largest listed developer in Middle East’s said on Thursday that it will realise revenues from the sale of properties at the world’s tallest tower, Burj Khalifa, formerly called Burj Dubai, in the financial year of 2010.

Abu Dhabi-listed RAK Properties said yesterday it signed deals worth a combined Dh400 million with three contractors to build 20 residential blocks in its mixed-use project Mina Al Arab.

Dubai Properties Group (DPG), a member of Dubai Holding, unveiled a new corporate strategy outlining the direction, focus, and vision that positions the company to enter its next phase of growth with a clear strategic plan.

Landmark Properties has developed a property and facilities management solutions to safeguard investment of freehold buyers.

Dubai Properties Group, a member of Dubai Holding, yesterday announced the commencement of the handover of residential units at The Villa, a Dh6-billion freehold development in the heart of Dubailand, the landmark tourism, leisure and entertainment destination.

The total value of land transactions in Dubai last week reached Dh1.14 billion, of which sales exceeded Dh673.64 million. The total value of mortgages during the period was Dh467.43 million, according to the Land Department.

Abu Dhabi is expected to award $7 billion (Dh25 billion) worth of construction contracts this month, amidst the continuing progress of many developments which are attracting contractors and investors alike.

By speeding up construction and restructuring the company, Al Fajer Properties has saved up to Dh60 million in its Jumeirah Business Centre Tower project, according to the Project Management Group (PMG).

The Dh5 billion Dubai World Central (DWC) Aviation City has started tendering the first phase of the project, according to a top executive.

Dow Construction Chemicals, which recently launched its Europe, Middle East and Africa (Emea) presence, will look at setting up laboratory facilities next year in Dubai or Saudi Arabia.

National Bank of Abu Dhabi ( NBAD), has won the 2009 Best Investors Relations Company Award for UAE listed companies from the Middle East Investor Relations Society.

Central Bank Governor Sultan bin Nasser Al Suwaidi said UAE banks have not relied on international banks for loans as was the case in the past.

The Dubai-based hospitality company, Jumeirah Group has been appointed to manage a luxury hotel in Panama City.

Union Properties, the third-largest developer in Dubai, is in talks with two companies to sell a 50 per cent share in Emicool, its district cooling unit.

Abraaj Capital, the Dubai-based private equity firm has announced that it has signed a deal to fully acquire Riyada Ventures, the venture capital firm based in Jordan.