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 2, 2014
UAE. Mohamed Alabbar participates in bell ringing ceremony at DFM; Emaar Malls is now trading under the ticker "EMAARMALLS".
Posted: October 1, 2014
UAE. "Rents are experiencing a slowdown in certain areas. For instance, in Jumeirah Lake Towers, apartment rents fell by 4.6% between June and August."
Posted: October 1, 2014
UAE. In her new role, Leverett will lead international sales with a particular focus on linking the UK with the Middle East, where Cluttons is a leading residential agent.
Posted: September 30, 2014
UAE. REIDIN launches Housing Market Professionals Sentiment Index; Quarterly survey is first available indicator of near future residential property price trends.
Posted: September 30, 2014
UAE. The Dubai-based real estate developer is currently considering a number of external offers and is inviting further expressions of interest in merger or acquisition.
Posted: September 29, 2014
UAE. Arabtec originally announced in March that it had agreed with the Egyptian army to build the homes at 13 locations around the country on land provided free by the armed forces.
Posted: September 27, 2014
UAE. Property development organisation sees increase in investors over end-users at exhibition.
Posted: September 26, 2014
UAE. Ahmed Bin Sulayem, Executive Chairman, DMCC, hosts signing ceremony with Ali Odeh, Chairman & CEO, Turner International Middle East to mark the occasion.
Posted: September 25, 2014
UAE. Damac Real Estate Development withdrew an offer to swap its London-listed global depositary receipts for Dubai shares, saying the developer needed more time to arrange its UAE listing.
Posted: September 24, 2014
UAE. Dubai Marina tops the list of communities where people are looking to buy an apartment, according to property site's 3rd quarter report.
Posted: September 24, 2014
OMAN. High street retail space in Muscat approaches 100% occupancy; Monthly warehouse rents between OMR2-OMR4 per sqm; Monthly office rents between OMR4-OMR8.
Posted: September 23, 2014
UAE. Middle Eastern investors expected to spend US$180 billion in global commercial real estate markets in the next 10 years.
Posted: September 23, 2014
UAE. The broad based recovery witnessed in the residential sector over the past 18 months has now slowed down, as rental prices and sale values have stabilized in most locations.
Posted: September 23, 2014
UAE. Contested among 38 entries from 11 countries, the 13 winners were announced, with projects from Asia stealing the limelight and taking home seven of the coveted awards.
Posted: September 22, 2014
UAE. 5.5 million sq feet mixed use project addresses 'growing demand for integrated communities.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 20, 2014
UAE. "The proposed Amanat IPO is strong evidence of continuing interest in regional and international interest in IPOs in the UAE and the GCC more widely, despite the recent softening in equity markets globally."
date:Posted: October 20, 2014
SAUDI ARABIA. Food and rental inflation accelerate; Jadwa revises its estimates for average annual inflation to 2.8% for 2014, slightly down from 2.9%.
date:Posted: October 20, 2014
UAE. The strengthening economic fundamentals, the amelioration in the risk profile of major regional countries, the governmental implementation of key business-friendly reforms are all stimulating factors for deal generation activity, according to a Bureau van Dijk and MENA Research Partners report.
UAE. The strengthening economic fundamentals, the amelioration in the risk profile of major regional countries, the governmental implementation of key business-friendly reforms are all stimulating factors for deal generation activity, according to a Bureau van Dijk and MENA Research Partners report.
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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