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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: May 23, 2013
UAE. "We assess the proposed hybrid capital securities as having intermediate equity content, under our criteria," said Standard & Poor's Ratings Services.
Posted: May 23, 2013
UAE. He will lead a function focused on risk management and control to support the company's performance and reputation.
Posted: May 21, 2013
UAE. Renewed focus on its core business of developing and operating business parks; Aims to capitalise on region's growth opportunities.
Posted: May 21, 2013
UAE. In a survey of 150 Dubai-based customers, 85% said they found the public review tool useful to navigate their way in their real estate search.
Posted: May 21, 2013
INTERNATIONAL. The Australian Foreign Minister has blasted as "indefensible" the length of time the legal process took in the UAE after an Australian was jailed for property fraud.
Posted: May 20, 2013
KUWAIT. Damages for former leader Muammar Gaddafi's cancelling of the construction of a vacation resort in Tripoli, which would have included hotel accommodation, villas and a shopping mall.
Posted: May 20, 2013
UAE. Located at the tip of The Palm, opposite Atlantis, the project will contain a diverse range of shopping, dining and entertainment facilities, including a spectacular fountain display.
Posted: May 20, 2013
UAE. Middle East's leading luxury private developer announced a comprehensive strategic plan to expand its operations in Iraq.
Posted: May 17, 2013
UAE. Saudi Arabia's SABIC clinched the number one spot with net profits of US$6.6 billion and US$90.2 billion in total assets; Qatari companies top the banking, industrials, insurance, transport and retail sectors; The real estate sector is back on track.
Posted: May 16, 2013
UAE. The consequences of not being classified means that a company may not be able to hold a commercial license issued by the Abu Dhabi Department of Economic Development.
Posted: May 15, 2013
INTERNATIONAL. The reckless monetary and fiscal policies of the West are undermining private property and responsibility for individuals. Yet both need each other and bring obligations with them in many respects.
Posted: May 15, 2013
UAE. The development will offer its guests 481 large rooms and suites, and 221 signature Viceroy Residences all with breathtaking views of the Arabian Sea made possible by innovative architecture and design.
Posted: May 15, 2013
UAE. The awards evening was a inspirational gathering, stirring budding entrepreneurs to aspire to brilliance and well-established businesses to expand their horizons, collaborate with the best in the region, and win.
Posted: May 15, 2013
UAE. Phase three of sales launched early as more than 400 units sold in under two months.
Posted: May 15, 2013
BAHRAIN. Wael Aburida will lead the MENA private equity and real estate team covering the Middle East, North Africa and Turkey, with responsibility for deal origination, negotiations, execution, portfolio management, and exits.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 23, 2013
UAE. Stock market indices racing ahead but GDP figures do not support the euphoria and commodity outflows fuel the rally; Is there too much liquidity in the banking system?
date:Posted: May 23, 2013
UAE. While new orders continued to rise sharply, the rate of increase eased to the slowest in a year. Meanwhile, employment levels rose at the fastest pace in two years.
date:Posted: May 22, 2013
iNTERNATIONAL. Control over Homs will enable al Assad to rapidly move forces from the north to the south to meet emerging rebel threats. It will also provide a key avenue of retreat to the Alawite coast in the event that he needs to flee Damascus.
UAE. "There is a substantial amount of debt that is coming due in the next few years, and it will be important to manage pro-actively that process. Information and communication with potential market participants will be a key part of this."
INTERNATIONAL. Nothing new is coming online anytime soon and movement on developing renewable energy resources has been sadly inadequate. The idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype.



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