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: April 10, 2014
UAE. Average apartment and villa sales prices increase by 3% and 6% with average rental increases at 5% and 3% respectively; Demand for secondary residential areas increases.
Posted: April 9, 2014
UAE. Developer posts a net profit of AED629 million compared with AED491 million achieved in Q1 2013.
Posted: April 9, 2014
UAE. Housing units in off-island locations experienced higher rent growth at 14% during Q1 2014; Abu Dhabi office stock witnesses 10% rise year-on-year.
Posted: April 9, 2014
UAE. The discussion revolved around growth strategies, entrepreneurship and Mr. Sanjay Manchanda's personal journey in this region.
Posted: April 9, 2014
UAE. Master developer will become a holding company overseeing three separate entities.
Posted: April 9, 2014
UAE. The UAE is set to grow 4.4% this year, compared with an estimate of 3.9% in October. With real estate prices rising at a fast pace "the award of World Expo 2020 has further strengthened growth prospects," the fund said in its World Economic Outlook.
Posted: April 9, 2014
UAE. The company is revising business plans and will approach lenders about the debt maturing in 2014, its chairman Ali Rashid Lootah said .
Posted: April 9, 2014
UAE. Leapfrogging the traditional expansion models, airports in emerging markets are setting a benchmark in the world for airport infrastructure by offering a complete package.
Posted: April 8, 2014
UAE. First listing in GCC by a Real Estate Investment Trust (REIT); Listing demonstrates Dubai's ability to provide an efficient platform for capital-raising.
Posted: April 8, 2014
UAE. Cluttons' services span residential sales and leasing, commercial leasing and investment, consultancy, valuation, and property and facilities management.
Posted: April 7, 2014
UAE. Abu Dhabi ranks in global top 20 of most active cities for shopping centre development, completes 168,000 sq m of retail space in 2013, according to the latest research from CBRE.
Posted: April 7, 2014
UAE. The Dubai real estate market started 2014 with optimism, driven by last year's strong performance and continued economic growth, according to JLL.
Posted: April 7, 2014
EGYPT. JLL sees economic stability and continued progress on political road map, leading to a potential period of gradual recovery from late 2014 or 2015.
Posted: April 7, 2014
UAE. More than 8,000 investors from India notched AED 17,939 billion transactions in Dubai real estate during 2013, according to Dubai Land Department .
Posted: April 7, 2014
UAE. Move geared towards attracting higher capital inflow will be rolled out through relevant regulatory processes and was approved at an EGM convened last week.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 21, 2014
UAE. Qatar's economy is predicted to grow by 6.0%, Saudi Arabia by 4.3% and the UAE by 4.1% in 2014; The key challenge for the GCC remains continuing to diversify its economies and invest in its growing non-oil sectors.
date:Posted: April 21, 2014
SAUDI ARABIA. GCC focused on targeting greater diversification in non-oil sectors.
date:Posted: April 19, 2014
UAE. Key sectors driving growth in the housing market are the tourism, hospitality, education and healthcare sectors, which is translating into robust population growth and demand.
UAE. Qatar's economy is predicted to grow by 6.0%, Saudi Arabia by 4.3% and the UAE by 4.1% in 2014; The key challenge for the GCC remains continuing to diversify its economies and invest in its growing non-oil sectors.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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