2009

ARABIAN ADVENTURES

Dubai, May 2009 - Living at the gateway to Dubailand is spectacular multi-billion dollar City of Arabia, a residential, retail, commercial and entertainment destination that is currently on track to open in 2011. In an exclusive interview, Syed Khalil, Group Executive Director of Ilyas & Mustafa Galadari Group, explains how the development is shaping up.

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CITY OF ARABIA ON THE RIGHT TRACK

Ample supply of raw materials at lower prices in current market situation helps developer make up for delayed schedule.

Dubai 11 March 2009 - Delayed yes, but crisis or not, the creation of City of Arabia is in full swing. It has now reached the stage where the corridors of the future Mall of Arabia can already be walked through - in sand form for now.

Part 1    Part 2     Part 3

CONSTRUCTION WORK - FULL STEAM AHEAD AT CITY OF ARABIA

February 2009 - Mall of Arabia, are on track and moving forward, with the global financial crisis, having little impact on construction works. Mall of Arabia, which when completed, will have a gross leasable area (GLA) of 929,000 square meters, is progressing well with ongoing pile cap works at 10 of the 44 zones.

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CITY OF ARABIA SIGNS US$46.1-MILLION MAIN CONTRACTOR AGREEMENT FOR WADI TOWER

February 2009 - The Ilyas & Mustafa Galadari Group, owner of City of Arabia, has appointed Simplex Infrastructures, as the main contractor for Wadi Tower, with work set to begin immediately.

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FINANCIAL CRISIS TRANSLATES INTO LOWER CONSTRUCTION COSTS FOR CITY OF ARABIA

Developer say Mall of Arabia, set to be the world's largest, will be completed in 2010

Dubai The $5 Billion City of Arabia being built in Dubailand could actually have benefited from the global financial crisis in terms of construction costs, according to the developers.

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DOWNTURN PROVES BOOST TO ON-TRACK CITY OF ARABIA

Financial turmoil results in reduced construction costs

Dubai 15 January 2009 - Dubai's major City of Arabia project is on track, with the economic downturn being more of a help than a hindrance by bringing down construction costs, its developers says.

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