• Select Grp & Select Prpty Plan AED 678mn Project

  
  The Dubai-based Select Group and the UK based property developer Select Property today jointly launched West Avenue, a 32 storey luxury Manhattan style complex on one of the last remaining plots on Dubai Marina. Press Release - 28Aug 08:28GMT
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• Ericsson to Build, Operate Network for 'Smart City'

  
  Emaar, The Economic City, the Tadawul-listed company developing King Abdullah Economic City, has awarded a SR320 million ($85 million) strategic agreement to Ericsson to implement and operate the smart city infrastructure, "The Smart City." The Saudi Gazette - 28Aug 06:22GMT
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Real Estate

• Al Hanoo links Al Nujoom Islands project to GPS

• Oman's Amouage plans global expansion

Construction

• GDF SUEZ & Gulf Investment Corp. Sign Deal

• Wanted: Architect to build Beirut's world-class House of Arts and culture

Financial Services

• Siemens In Talks With Gulf And Russian SWFs

• Kingdom Hotel Investments Half Year 2008 Results

Oil & Gas

• Oil prices swirl higher on US storm worries

• Dubai diesel prices will fall further

Telecoms & IT

• 'Lebanese cellular rates can drop three months after privatization'

• Geniem signs mobile portal deal with Rotana

Travel & Tourism

• GCC tourists in Sir Lanka increased 30% in 2008

• Sharjah gears up for Ramadan festival

Islamic Finance

• Sharia initiatives worth $10bn launched

• IDB approves more than $178m for development projects worldwide

Transport

• Wataniya Airways to begin commercial flights in Jan.

• 350 airconditioned bus shelters opened in Dubai

Power & Utilities

• Saudis to get prepaid electricity cards

• Iraq Seeks Loan From Japan For Water Projects

Media

• DWTC records 40pc rise in visitors for first half of 2008

• Open air cinema comes to UAE

Retail

• Lulu opens new hypermarket in Riffa in Bahrain

• UAE retailers raise prices despite Ministry of Economy warning

Healthcare

• Farah Hospital hosts Jordan's Pioneering Parenting Program 'BabyWise'

• 2 health projects to be established in Sadr City

Automotive

• AGMC Achieves 19% Growth in H1 Sales

• Honda launches Pilot 'grand comfort cruiser' in Saudi Arabia

Education

• Bahrain will take action against holders of fake degrees

• 60 new schools in Missan in Iraq