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: September 11, 2014
UAE. The appointment follows the UAE's introduction of the Valuer Registration, a new regulation implemented in conjunction with the RICS for their members to support the Government in their drive for a transparent and sustainable property market.
Posted: September 11, 2014
SAUDI ARABIA. Leading Saudi investment and development company makes Cityscape Global debut ahead of US$480 million REIT announcement as it looks to partner up on local and regional real estate portfolio development including substantial land bank opportunities.
Posted: September 10, 2014
BAHRAIN. "Bahrain, which is working to find its feet following the global downturn and national tensions, will receive a tremendous boost from improved connectivity with the rest of the GCC."
Posted: September 10, 2014
UAE. Colliers International Q2 2014 House Price Index registers a 3% quarter-on-quarter increase. The key measures introduced by the government to curb the growth in house prices at the end of last year have had a positive outcome.
Posted: September 9, 2014
SAUDI ARABIA. Saudi Arabia is set to remain the Middle East's largest projects market for the foreseeable future, comfortably ahead of the UAE, the region's second largest market, as the kingdom focuses on job creation and the diversification of its economy.
Posted: September 9, 2014
UAE. Wavetec's solution enabled Deyaar to entertain their visitors in an orderly fashion by incorporating clear signage and display solutions coupled with ticketing kiosks.
Posted: September 8, 2014
UAE. Phase 1 to feature three theme parks, themed family hotel, retail and dining district; Slated to open in 2016.
Posted: September 8, 2014
UAE. Al Gergawi: "Solid earnings highlight the strength of our financial position and the success of our strategy; We continue to invest in the sectors vital to Dubai's economic development.
Posted: September 7, 2014
UAE. The real estate sector is expected to emerge as one of the principal beneficiaries of the development of Al Maktoum International Airport, according to Cluttons.
Posted: September 4, 2014
UAE. "This move is positive for existing Emaar investors as a spinning off and separate listing will most likely raise the value of the Emaar Malls Group."
Posted: September 2, 2014
UAE. The top ten most influential brands headquartered in the UAE based on engagement among LinkedIn's membership of 313 million professionals; Leading UAE airlines are the top two brands, Etihad Airways tops ranking.
Posted: September 1, 2014
UAE. Emaar Community Management showcases latest initiatives at Cityscape Global.
Posted: September 1, 2014
UAE. Developer completes first new project post-restructuring.
Posted: September 1, 2014
INTERNATIONAL. Tthe step stemmed from political decisions taken after the June killing of three Israeli teenagers snatched from a roadside in the same area.
Posted: August 31, 2014
UAE. Emaar to offer at least 15% of Emaar Malls Group; One of Middle East's largest equity sales since 2008; Shares to be listed in Dubai in October; Payout totalling US$2.45 billion to shareholders.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 19, 2014
KUWAIT. The global Islamic finance industry reached approx. US$1.9 trillion in assets as at end 1H2014; The report analyses the role of Islamic finance in supporting economic growth.
date:Posted: September 18, 2014
INTERNATIONAL. We have entered a new chapter in the history of central banking. This paradigm shift changes the policy tools that have traditionally defined the sphere of macroeconomic decision-making; We have built an economy that is now so leveraged that it needs zero percent interest rates just to tread water.
date:Posted: September 18, 2014
INTERNATIONAL. World Bank report spells out the repercussions of the political uncertainty and restrictions on movement and access and recommends remedial actions by all parties.
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
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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