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: February 6, 2016
INTERNATIONAL. PMI: The high cost of low performance shows need for stronger worldwide implementation of project, program and portfolio management.
date:Posted: February 6, 2016
UAE. S&P expects Abu Dhabi's government balance will worsen further based on the ratings agency's updated oil price assumptions; However, the emirate's large net asset position will continue to give it a considerable buffer to support the economy; Continued structural and institutional weaknesses anticipated.
date:Posted: February 5, 2016
INTERNATIONAL. "Saudi regional leadership amounts to exploitation of a window of opportunity rather than reliance on the assets and power needed to sustain it. That window of opportunity exists as long as the obvious regional powers - Iran, Turkey and Egypt - are in various degrees of disrepair."
UAE. S&P expects Abu Dhabi's government balance will worsen further based on the ratings agency's updated oil price assumptions; However, the emirate's large net asset position will continue to give it a considerable buffer to support the economy; Continued structural and institutional weaknesses anticipated.
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