Dubai skyline – Image Source: Flickr – robertpaulyoung
Trade Arabia reports
Over 400 projects worth more than $300 billion have been placed on hold or cancelled in the United Arab Emirates due to the global financial crisis, Dubai-based research firm Proleads Global said on Tuesday.
The construction sector in the UAE will stabilise this year and is expected to show signs of recovery in 2010…
read the full article at the SOURCE: Trade Arabia – UAE projects worth over $300 billion on hold
Parag Deulgaonkar of Emirates Business 24/7 reports
Limitless, the global master-development arm of Dubai World, has dropped the plan to go ahead with the Karachi Waterfront, a multibillion-dollar project in Pakistan, and is currently reviewing its project stream in light of the world economic crisis, a company spokesperson said.
SOURCE: Emirates Business 24/7 – Limitless drops Karachi Waterfront development
The Eurohypo Aktiengesellschaft of Frankfurt, Germany, and Topos – International Review of Landscape Architecture and Urban Design are holding the International Urban Landscape Award (IULA) competition again this year in search of exemplary urban design projects for sustainable development in Germany or the United Kingdom. Taking place for the third time, the competition seeks to contribute towards sustainable ways of securing and advancing the quality of life and economic activity.
This time round, the prize is divided into two categories: Category A, which honours ground-breaking, newly-built or redeveloped urban architecture, and Category B, which recognises initiatives, concepts, designs or research projects in the field of sustainable urban development. Both categories come with a cash prize of €25,000.
Further information and the obligatory project form can be downloaded at www.topos.de
Closing Date: Entries must be received by 3 September 2009