Qatari Diar eyes Yemen real estate project
Source: BI-ME , Author: BI-ME staff
Posted: Sun November 1, 2009 1:30 pm

QATAR. A Qatari Diar Real Estate Investment Co. unit plans to start work on a US$600 million real estate development project in Yemen on Monday, reported Bloomberg, citing an Al-Hayat newspaper article.

Al Yemania Al Qatariah Real Estate Investment & Development Co., a joint unit of Qatari Diar and Yemen’s General Holding Corp. for Real-Estate & Investment, will develop about 169 villas in the first phase of the project, the newspaper reported.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 5, 2016
UAE. There are more negative than positive factors likely to impact oil prices in the short term. With current oil net-long speculative positions at an elevated level, a slight change in traders' outlook would lead to a significant selloff.
date:Posted: May 4, 2016
INTERNATIONAL. The climate has rarely been so favourable to a resolution of the conflict. The chaos that is sweeping the Middle East has been a game-changer in relation to Israel and the Arab countries.
date:Posted: May 4, 2016
SAUDI ARABIA. The manager/directors of any company that is incorporated in Saudi Arabia should start to consider what changes may need to be made to the company's articles of association or bylaws.
UAE. There are more negative than positive factors likely to impact oil prices in the short term. With current oil net-long speculative positions at an elevated level, a slight change in traders' outlook would lead to a significant selloff.
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