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: October 29, 2014
UAE. Net income rose to 701 million dirhams (US$191 million) from 581 million dirhams a year earlier, the Dubai-based developer said.
Posted: October 29, 2014
UAE. Q3 2014 quarter-on-quarter increases of 2% in Sharjah, 5% in Ras Al Khaimah, 4% in Ajman and 6% in Umm Al Quwain - rental growth rates set to top out as relocation demand from Dubai reduces.
Posted: October 28, 2014
UAE. Increased activity in off-plan sales; Latest rental index remains at 0-5%; Office and retail show higher occupancy.
Posted: October 28, 2014
UAE. Dubai office holding company mainly owns, leases, and develops a portfolio of prime quality income-producing office assets and manages revenue-generating operations in the Dubai International Financial Centre; The outlook is stable.
Posted: October 27, 2014
UAE. With governments fully behind sustainable building, a new report examines how developers and contractors can meet standards and how suppliers can benefit.
Posted: October 27, 2014
UAE. Major road, bridge and railway projects are already underway, or in the planning phase, in Dubai, Saudi Arabia, Qatar, Kuwait, Oman and Bahrain.
Posted: October 23, 2014
UAE. A convolution of technology and art servicing the real estate industry.
Posted: October 23, 2014
QATAR. A DMA is used where an owner wishes to engage a third party to carry out a development on the owner's behalf, and is suitable where the owner may not have the necessary skills, expertise or capacity to undertake the development.
Posted: October 22, 2014
UAE. Average residential leasing and sales prices remained relatively steady in the third quarter; Apartment and villa sales year-on-year still offered returns of 28% and 14% respectively.
Posted: October 22, 2014
UAE. HSBC global expat survey highlights job prospects, better salaries, higher personal security as primary factors attracting expats to the country.
Posted: October 22, 2014
UAE. Nature-starved offices affect health of EMEA office employees; 42% have no natural light in their working environment, 55% don't have access to any greenery.
Posted: October 21, 2014
UAE. A panel of influential players in the UAE's real estate market have unanimously agreed that the country can fend off its global competitors to become a global business hub for the 21st century.
Posted: October 21, 2014
UAE. End-unit prices have surpassed their peak of 2008, however land prices are still at 50% of their peak levels.
Posted: October 21, 2014
QATAR. QInvest witnessing marked growth of interest in the GCC real estate sector; Craig Cowie recently discussed investment opportunities at SuperReturn Middle East.
Posted: October 20, 2014
UAE. Natural adjustment to new supply, impact of mortgage cap and higher transaction fees, says Asteco Q3 2014 report; Apartment and villa rents drop 2% and 3% respectively.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 29, 2014
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
date:Posted: October 29, 2014
UAE. Significant increase in inflows of private capital into UAE in 2014; UAE seen as hub between Africa and Asia; Political stability remains a major factor driving flows; UAE clear winner in the region, as other GCC countries see net outflows of private capital.
date:Posted: October 28, 2014
INTERNATIONAL. Foreign policy is what a president wishes would happen; foreign affairs are what actually happen; the problem that Obama has, which has crippled his foreign policy, is that his principles have not been defined with enough rigor to provide definitive guidance in a crisis.
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
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