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: July 3, 2015
UAE. The Middle East real estate market is one of the fastest growing sectors in the world, with foreign developers injecting billions of dollars in residential, office/commercial, retail and hospitality segments.
Posted: July 2, 2015
UAE. Emaar Properties Chairman to share his real estate knowledge with international faculty to develop senior managerial talent in the real estate sector.
Posted: July 1, 2015
UAE. An ambitious move that will establish the UAE's position as the global centre of technology in architecture construction and design.
Posted: June 30, 2015
UAE. Dubai said it would construct a small office building using a 3D printer for the first time, in a drive to develop technology that would cut costs and save time as the city grows.
Posted: June 23, 2015
SAUDI ARABIA. JLL and Jeddah Chamber of Commerce sign Memorandum of Understanding to collect and share data on the retail sector in Jeddah.
Posted: June 23, 2015
UAE. Values peaked in June 2014 at 113 points, then returned to 100 points in March 2015, displaying a maturing market price correction within a span of just over a year, according to the ValuStrat Price Index (VPI).
Posted: June 22, 2015
UAE. As residential prices in the secondary market begin to dip due to the discounted offers in the primary market, developers will shift course towards the office segment.
Posted: June 22, 2015
UAE. Additional supply and lesser demand on the UAE property market this year is likely to result in a moderate 10% to 20% correction in Dubai residential real estate price; The diversifying economy, positive demographics, and protective measures from local regulators should help prevent a crisis like that of 2009;.
Posted: June 22, 2015
UAE. SLBs enable corporates to release cash locked in illiquid real estate to invest back in their core business where the returns are superior to property.
Posted: June 18, 2015
LEBANON. The consensus growth forecast for 2015 fell to 1.5%, from 2% at the start of the year; Growth will be primarily driven by public spending, banking, ICT, and restaurants; No rise in real estate transactions or prices; 50/50 chance of a President being elected in 2015.
Posted: June 16, 2015
UAE. Falling oil prices are turning savvy investors to foreign markets as concerns have continually been raised that low energy prices are having a knock-on effect on the local property arena.
Posted: June 11, 2015
UAE. The Fortune 500 is an annual list of the 500 largest companies based in the United States ranked by total revenue for their respective fiscal years.
Posted: June 10, 2015
UAE. Of the three key sub-sectors monitored by the latest Emirates NBD Dubai Economy Tracker report, construction was the best performing in terms of output and employment growth, largely reflecting a sharp and accelerated increase in new development projects.
Posted: June 10, 2015
UAE. Position DIFC among the global top 10; 1,000 financial firms in 10 years, in comparison to 362 in 2014; Financial services sector to contribute 18% to Dubai's GDP in 10 years.
Posted: June 10, 2015
BAHRAIN. Global investment management announces the sale of a real estate portfolio of senior care communities with over 16 facilities and approximately 4,000 residential units located across the United States to NorthStar Healthcare Income, Inc., a real estate investment trust (REIT).

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 4, 2015
INTERNATIONAL. Saxo Bank publishes its Q3 Outlook, warns of a false start to the Fed's rate hike cycle; a return to US$100+ oil is not expected for the foreseeable future and this should help the region to focus on attracting and building other sources of revenue.
date:Posted: July 2, 2015
UAE. AQR Asset Management Institute hosts inaugural debate on monetary policy impact on global markets; 64% of delegates felt that Quantitative Easing is highly likely to create an asset price bubble - where prices become disconnected from reality.
date:Posted: July 1, 2015
UAE. 53% of employers rank lack of work experience as affecting nationals' employability, with only 30% of GCC students having taken any work experience; According to employers, communication skills (36%) and required skills and qualifications (22%) are further challenges to retention in the private sector.
INTERNATIONAL. Saxo Bank publishes its Q3 Outlook, warns of a false start to the Fed's rate hike cycle; a return to US$100+ oil is not expected for the foreseeable future and this should help the region to focus on attracting and building other sources of revenue.
UAE. The Middle East has a unique set of challenges and opportunities with regard to creating large, mixed-use developments; In this interview, Louise Adams, Aurecon's former Country Manager UAE, describes the importance of investing in master planning and some of the current opportunities and trends within this region.
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