01 July 2009

MEMON Investments has announced that it is on track with the construction of all its projects in Dubai, which are collectively valued at Dh1.34 billion ($365 million). It has pointed to the first development within its Champions Tower series, and the Cambridge Business Centre which is for delivery by the year-end.
Memon Investments has launched a total of five projects in Dubai Sports City, including four towers within the Champions Tower series and Frankfurt Sports Tower I, in addition to Gardenia I & II in Jumeirah Village, and Cambridge Business Centre in Dubai Silicon Oasis.

• Work launched on $4bn Dubai Pearl
• Update
• Ajman One on track for 2011 completion
• atOne launches evaluation software
• Damac to award $544m contracts
• Ashtech opens Ras Al Khaimah terminal
• EGL launches coating line
• Memon projects on track
• Mena’s largest solar grid powered up
• RTA awards road project Phase IV
• Business Bay tower project delivery soon
• Cat skid-steer auctioned to help fight blindness
• UAE clamps down on labour accommodation
• Adac to build logistics park

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