Real Estate

FEATURED REPORT...
Posted: 02-08-2011
SAUDI ARABIA.  The chairman of Kingdom Holding Company, HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, who has been the driving force behind the decision to build the world's tallest tower in Saudi Arabia, announced that the construction contract has been signed today. Kingdom Tower, with a height of over 1,000 meters, will begin construction imminently in Jeddah, Saudi Arabia.  Kingdom Tower will be the centerpiece and the first construction phase of Kingdom City, Jeddah Economic Company's (JEC) new urban development of more than 5.3 million square meters of land in the
Posted: August 21, 2014
UAE. Developer brings 84 townhouses and waterfront recreational facility to high-end Dubai community
Posted: August 20, 2014
UAE. Dubai developer clears entire US$2.15 billion bank debt with early repayment, nearly four years before the final loan instalment due in March 2018.
Posted: August 20, 2014
UAE. Over 2100 units across the Aldar portfolio currently leased to corporates; Bulk leases provide long-term income security and visibility.
Posted: August 20, 2014
UAE. "Smart" technology drivers to transform Dubai into "City of the Future".
Posted: August 18, 2014
UAE. Located in Me'aisem, International Media Production Zone (IMPZ) in Dubai; 60 lifestyle and convenience-oriented outlets including a Carrefour Hypermarket , Magic Planet and community medical clinic; Phase 1 to open by Q3 2015.
Posted: August 18, 2014
UAE. The UAE's construction market is predicted to return to near full capacity with a number of megaprojects in the pipeline and the ramping up of social infrastructure spend
Posted: August 15, 2014
INTERNATIONAL. What do the Americas offer expats eager to getaway, or bolster investment portfolios abroad? How is the resurgence in international mortgage financing assisting these escape artists and sophisticated investors in achieving their objectives?
Posted: August 15, 2014
UAE. Middle East investors continue to actively invest in UK real estate, according to Deloitte.
Posted: August 14, 2014
UAE. Dubai's two biggest builders, Arabtec and Drake & Scull, are turning to bank borrowing to help fund projects as a rise in late payments from their customers takes the shine off a booming construction market.
Posted: August 13, 2014
UAE. ADIB Rental Index shows common trend of 0-5% increase in the last quarter across the ADIB managed portfolio; Values set to stabilize following a period of growth.
Posted: August 13, 2014
UAE. Real estate consulting firm announces key appointments to boost in-house research, consultancy and valuation capabilities.
Posted: August 7, 2014
INTERNATIONAL. Nigeria and South Africa dominate the infrastructure market; A substantial increase in spending in the basic manufacturing sector is expected in sub-Saharan Africa.
Posted: August 7, 2014
UAE. As part of the restructuring package, Amlak will shortly make an initial payment to financiers of approximately AED2 billion, with the remaining debt to be paid over a 12 year period.
Posted: August 7, 2014
IAE. The integrated facilities management company has recently been awarded a 3-year contract by Aldar Properties, to undertake the maintenance and operation of its Headquarters building located in Abu Dhabi.
Posted: August 6, 2014
UAE. UAE. Infrastructure project awards across the GCC are forecast to exceed US$ 86 billion in 2014, as rail projects take centre stage.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 22, 2014
INTERNATIONAL. By 2040, Africa will experience faster economic growth than any other region and is expected to have the biggest labour force in the world; By 2030 Dar es Salaam and Luanda could have bigger populations than London has now.
date:Posted: August 21, 2014
INTERNATIONAL. The report found there are 15 million middle-class households in 11 of sub-Saharan Africa's top economies this year, up from 4.6 million in 2000 and 2.4 million in 1990, an increase of 230% over 14 years.
date:Posted: August 21, 2014
UAE. "The establishment of QIFs aimed at sophisticated, high-net worth investors is a welcome development which reflects the fact that a one size fits all approach to regulation is not appropriate."
SAUDI ARABIA. Saudi Arabia set out draft proposals on foreign-shareholder limits as one of the world's most restricted stock markets prepares to open its doors for the first time to investors outside the region.
INTERNATIONAL. I think one of the big fallacies in people's thinking about the Iraqi oil sector has been the focus on who's making money producing the oil. The bigger impact is on consumers.
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