UAE construction outlook still optimistic despite global crisis – Gulf News

Gulf News reports

“The demand for engineers, architects and senior managers in the construction industry in the UAE has slumped due to the global financial turmoil but has not halted, a construction recruitment company official said.”

[SOURCE: Gulfnews: UAE construction outlook still optimistic despite global crisis].

Nakheel cuts jobs as Dubai reels from financial crisis – Times Online

The Times (UK) reports
“Nakheel, the government-owned developer of Dubai’s man-made palm islands, has cut 500 jobs, or 15 per cent of its workforce, as it scales back projects amid the global financial crisis. “We have the responsibility to adjust our short-term business plans to accommodate the current global environment,” it said in a statement.”

SOURCE: Times Online.com – Nakheel cuts jobs as Dubai reels from financial crisis

Landscape architect adapts to tough times – BostonHerald.com

By Jennifer Heldt Powell of the Boston Herald reports

“Landscape architect David Warner has been reading some alarming headlines.

Towns all over the country are cutting back on school building projects or nixing them altogether. That could be really bad news for a firm that does a lot of work with schools.

It could hardly come at a more challenging time; Warner only recently took over the business.”

read more about David Warner and how he is approaching the finanical downturn @ the [SOURCE: Landscape architect adapts to tough times - BostonHerald.com].

Dubai vows to keep building despite global crisis – Telegraph

Louise Armitstead reports on Dubai and the Financial Crisis

“Mohammed Ali Alabbar, a member of Dubai’s executive council and chairman of Emaar Properties, said the emirate’s borrowings amounted to $80bn against assets of about $350bn. He insisted: “The government can and will meet all its obligations.”

……..We’ve been seeing a softening in property prices and that may not be bad. The market was overheated and a correction is a sign of a mature economy…..”

Read more of this article @ the [SOURCE: Telegraph.co.uk – Dubai vows to keep building despite global crisis - Telegraph].

Urban farming school takes root

Vancouver Sun reports “A school of urban farming — a North American first — is finding fertile soil in Richmond.

Richmond’s parks, recreation, and cultural services committee has unanimously endorsed the concept of an urban farm school and directed staff to investigate city land for such a project, either at Terra Nova park at the west end of Westminster Highway, or the south end of Gilbert Road.”

[SOURCE: Vancouver Sun – Urban farming school takes root].

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