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 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.
Posted: November 10, 2014
UAE. Over 75% of property investors in EMEA plan to increase real estate weightings in the region in 2015, according to the Global Investor Sentiment survey from Colliers International.
Posted: November 6, 2014
UAE. Average rental growth of 25.2% for energy centric cities; Emerging markets, particularly China, India and parts of Africa and the Middle East, are leading such demand.
Posted: November 6, 2014
UAE. Doors will open to the public for the first time at 10.00 a.m. on 19th November, days ahead of the 2014 Formula 1 Etihad Airways Abu Dhabi Grand Prix.
Posted: November 5, 2014
UAE. Total of US$8.9 billion in GCC deals during Q1-Q3 2014; Real Estate deals account for 54.1% of GCC's total deal value during first three quarters; Saudi Arabia M&A and IPO Forum on 12th November will focus on prospects for foreign investors in the region.
Posted: November 4, 2014
UAE. Dubai Internet City announces new Innovation Hub, which will provide 1.6 million sq. ft. of dedicated space to around 15,000 knowledge and creative workers.
Posted: November 4, 2014
UAE. JLL releases ninth Annual MENA Real Estate Investor Sentiment Survey; Investors moving up the risk curve; Emerging interest in North American real estate amongst Middle Eastern investors.
Posted: November 3, 2014
UAE. Evidence suggests that an affordability gap exists in the current Dubai housing market; Segment critical to the sustainable growth of the industry and wider economy, according to a report by Colliers International.
Posted: October 31, 2014
SAUDI ARABIA. Net income increased to 265 million riyals (US$71 million) from 220 million riyals a year earlier, the company controlled by Saudi billionaire Prince Alwaleed bin Talal, said.
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.

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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