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: November 26, 2014
UAE. Affordability threshold may be nearing for the villa segment of the residential market, according to the latest report by Cluttons; Rents across Sharjah increased by 5.3% during Q3.
Posted: November 26, 2014
UAE. Announcement made by UAE Minister of Economy; The financial and debt restructuring package for Amlak was approved by its financiers in August.
Posted: November 26, 2014
UAE. The tool allows both investor and occupier clients to make quick comparisons of rental, price and supply data across different asset classes.
Posted: November 25, 2014
UAE. EC Harris provided project management including health and safety services and cost management across all 20 screen cinemas for Majid Al Futtaim Cinemas.
Posted: November 24, 2014
BAHRAIN. Average cost of key aspects such as licensing and registration, commercial rental rates, manpower costs, and communication and utility expenses, significantly lower.
Posted: November 17, 2014
UAE. The transaction represents the first Sukuk based on Murabaha trades of Sharia-compliant certificates on the NASDAQ Dubai Murabaha Platform.
Posted: November 17, 2014
UAE. Leading event in the region for construction professionals, The Big 5, Middle East Concrete and PMV Live open today at the Dubai World Trade Centre.
Posted: November 14, 2014
UAE. The investment will be channeled through the company's two business verticals, KEF Infra and KEF Health.
Posted: November 13, 2014
UAE. DP World, the ports operator, agreed to buy an industrial parks company in a deal that may help Dubai World pay debt five years after its near default roiled global markets.
Posted: November 13, 2014
UAE. Net profit of AED584 million (Q3 2014: AED413 million) boosted by growth in profitability of recurring revenue assets and Yas Mall completion.
Posted: November 12, 2014
UAE. Dubai Silicon Oasis and Google release Key research findings on region's technology start-ups; Results to benefit technology start-ups in the digital and Arabic content domains.
Posted: November 12, 2014
UAE. Colliers International report provides a snapshot of the key factors impacting Dubai's education sector and its future outlook.
Posted: November 12, 2014
UAE. Dubai Tram opening is the first step to adding permanent long term value to Dubai's residential values in Dubai Marina, while setting a benchmark for other parts of the city, according to Cluttons.
Posted: November 12, 2014
UAE. MPS, a Dubai based real estate firm sees increased interest in Dubai properties from buyers in the Indian Sub-Continent, followed by the US and the UK.
Posted: November 11, 2014
BAHRAIN. Vacancy rates for commercial space currently average around 25%; Demand within the residential leasing sector has remained relatively steady over the past two quarters.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 26, 2014
UAE. "In the final months of 2014, we expect further increases in occupancy rates, with the pleasant weather attracting more tourists, alongside the seasonal increase in events and conferences."
date:Posted: November 25, 2014
INTERNATIONAL. In the end, it is unlikely that the territorial Islamic State can survive. The truth is that Turkey, Iran and Saudi Arabia are all waiting for the U.S. to solve the problem with air power and a few ground forces. These actions will not destroy IS, but they will break the group's territorial coherence.
date:Posted: November 25, 2014
BAHRAIN. The "increasingly deregulated and competitive economic environment is facilitating rapid growth in business development within the private sector."
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
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