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: June 27, 2016
UAE. 15 active projects are adding value to local communities and the tourism economy in the UAE, Oman, Saudi Arabia, Egypt and India.
Posted: June 22, 2016
INTERNATIONAL. Combined with a shift to preventing ill-health through wellness, design could take healthcare out of the hospital with transformative effects.
Posted: June 15, 2016
SAUDI ARABIA. "The new law will result in a fundamental change in Saudi Arabia's real estate market and help stimulate further development to address the severe shortage of middle income housing".
Posted: June 15, 2016
UAE. Two senior advisory leaders Brad McBean and Stuart Cassie have joined the firm.
Posted: June 14, 2016
UAE. The supertall skyscraper, known simply as "The Tower", will be the focal point of a major new development that will transform the Dubai Creek Harbour.
Posted: June 13, 2016
UAE. The recent statement that has permeated the Dubai zeitgeist is the diversification of the economy into different sectors and away from real estate.
Posted: June 8, 2016
LEBANON: Byblos Bank Real Estate Demand Index posted the ninth steepest quarter-on-quarter decline on record and the ninth lowest level in 35 quarterly readings; the results show the sector continues to be affected by high levels of political uncertainty.
Posted: June 6, 2016
QATAR. The 3,000sqft facility showcases the latest range of GEZE's automated doors and windows solutions.
Posted: June 2, 2016
UAE. Strang will be responsible for the sustainable growth of the Dubai offering, while working closely with other office heads to drive the business strategy in the region.
Posted: June 2, 2016
UAE. Speculators are being replaced by end users; Cooling prices are not a concern; Brits are the third largest group of investors outside the Middle East.
Posted: June 2, 2016
UAE. IMPZ and Jumeirah Village notched quarter-on-quarter increases of 4% and 5%; Abu Dhabi new villa launches could see reasonable take up; Ajman stakes claim as Northern Emirate hotspot.
Posted: June 1, 2016
INTERNATIONAL. PwC survey demonstrates the need for attractive consumer energy offers to engage consumers; 81% of people with smart heating devices notice a positive impact.
Posted: June 1, 2016
UAE. Birmingham and Manchester woo Mid East investors with 6-7% yields and strong capital appreciation outperforming London by over 3% per annum.
Posted: May 26, 2016
INTERNATIONAL. US-based real estate brokerage network will expand to global markets in 2017; one-of-a-kind property-search site and listing syndication program open initial gateways abroad.
Posted: May 24, 2016
UAE. "The current weakness in some submarkets of Dubai's office market is expected to persist, with further rental declines likely as we move into the summer months."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: June 27, 2016
INTERNATIONAL. Markets participants are on edge and with many questions unanswered post the Brexit victory adding to the uncertainty, investor risk appetite has diminished.
date:Posted: June 27, 2016
UAE. Global mobile usage intensifies, fueled by increased device penetration. Smartphone and tablet penetration are all increasing, with wearables experiencing the highest growth rate with roughly 10 percent global penetration - nearly doubling ownership rates from last year.
date:Posted: June 23, 2016
SAUDI ARABIA. The NTP aims to boost non-oil revenue by 2020 through more than 500 initiatives including the implementation of new taxes and increasing government fees and taxes on "harmful products."
UAE. Global mobile usage intensifies, fueled by increased device penetration. Smartphone and tablet penetration are all increasing, with wearables experiencing the highest growth rate with roughly 10 percent global penetration - nearly doubling ownership rates from last year.
UAE. Speculators are being replaced by end users; Cooling prices are not a concern; Brits are the third largest group of investors outside the Middle East.
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