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Type: Posts; User: crwht

  1. Thread: Saadiyat Island

    Post by: crwht
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    20,720
    Aldar Properties said that they intend to use the newly aquired land to develop an integrated residential project – Saadiyat Reserve. This project will cost estimate to 15 billion dirhams. After the end of this project will include luxury housing units, mostly villas, and will accommodate more than 15,000 residents.

  2. Posts
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    City of Dreams Mediterranean is going to open in the summer (probably July) 2022, according to TourInvest Cyprus. This is not just the first integrated resort in Cyprus, but also the biggest resort of this type in whole Europe.

    In this landmark will be 5-star hotel tower, 5 restaurants and bars, gaming area, expos, ballroom, adventure park and waverider, conventions and meeting areas also.



    Source: https://in-cyprus.philenews.com/city-of-dreams-casino-to-bring-in-remarkable-revenue-to-treasury/
  3. Thread: The Red Sea Project

    Post by: crwht
    Posts
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    18,593
    The Red Sea project is going to operate all tourist facilities on biofuel, according to the Saudi Press Agency.

    TRSDC has chosen the German firm MAN Energy Solutions to supply it with 25 sets of biofuel generators with a total production capacity of 112 MW.
    Source: https://www.arabnews.com/node/2067161/business-economy

    The tourist destination will rely on renewable energy supplies, like solar plants that will include storage batteries powered by MAN gensets in six different locations. If solar energy isn’t available, there will be biofuel running on generator sets.

    “The importance of the Red Sea destination lies in its support for the economic diversification strategy pursued by Saudi Arabia by providing job opportunities, encouraging entrepreneurship, and attracting local and foreign investments in the Kingdom, as part of Vision 2030”
    Source: https://www.theredsea.sa/en/media-center/news
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