Amlak Finance sells 235 apartments at SkyCourts

DUBAI — Amlak Finance PJSC, the largest real estate financier in the Middle East, announced yesterday that it managed to sell 235 apartments at SkyCourts —_ a freehold residential project in Dubai.

By A Staff Reporter

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Published: Tue 29 Jul 2008, 11:10 PM

Last updated: Sun 5 Apr 2015, 1:00 PM

Amlak offered attractive finance schemes at an event which took place at the Jumeirah Beach hotel on July 27. A total of 237,564 sq.ft was offered at 90 percent financing with repayment spread over 25 years for UAE residents.

Mada Gypsum to increase production by 260 per cent

DUBAI — Saudi Mada Gypsum Company announced the installation of new plant facilities. The plant deal was with the reputable Claudius Peters, a German company considered to be one of the biggest companies that offer technologies in the field of materials handling and processing, together with turnkey and semi-turnkey systems to a wide range of industries.

The deal will spur the production of Mada Gypsum Company Plaster Plant by 240,000 tonnes/year operational on September 2009, taking its total Yanbu production capacity to 390,000 tonnes/year.

New sedan from Renault set to be launched soon

DUBAI — Fans of Renault cars who are resident across the region are to be treated to a bespoke model tailored specifically for their market. Boasting a V6 engine and a host of comforts and refinements, the new offering promises to be every owners 'stress-free space'.

The new sedan will be available at all Renault dealers from September 1 and though the model's name is a secret for now, some details of its specification have been released; a list of luxuries aimed at promoting 'stress-free space' and relaxation for driver and passengers.

Windsor Manor project in Business Bay progressing

DUBAI — Al Shafar General Contracting (ASGC), one of Dubai's leading construction companies, has announced that its Windsor Manor residential project located in Business Bay is progressing as scheduled and is on course for completion by mid 2009. One of the unique aspects in the construction of the 29-storey residential building is the use of precast concrete beams and slabs, resulting in significant reduction in the overall cost of construction and minimising manpower requirements.

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