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: May 16, 2016
UAE. From 2012, developers began to launch affordable options in order to cater to the pent up demand. This lead to a series of new townhouses launches, which accounted for 50% of the new supply.
Posted: May 16, 2016
UAE. Average fall of 5.7% in Q1 drags annualised rate of change down to -8.3%, according to latest Market Outlook from Cluttons.
Posted: May 16, 2016
UAE. The trend in architecture is to establish an 'inviting atmosphere' in which façades are increasingly no longer barriers to buildings.
Posted: May 16, 2016
UAE. Farnek CEO highlights how Dubai's 2021 environmental goals could provide Dubai building owners with multi-million dollar savings.
Posted: May 11, 2016
UAE. 65% of respondents expect to spend less on projects than last year; increasing number of disputes owing to shrinking budgets and payment delays; 62% of respondents had been involved in a dispute recently or expect to be involved in one in the next year.
Posted: May 9, 2016
UAE. Leading home maintenance company to open office in UAE capital to satisfy increase in market demand for quality, sustainable and smart home maintenance solutions
Posted: May 3, 2016
SAUDI ARABIA. The slowdown is due to demand-supply mismatch and the country's overall macroeconomic scenario, according to JLL's latest report; The existing mismatch is expected to widen as more retail and office supply is expected to enter the market with the easing of backlog projects.
Posted: May 2, 2016
UAE. Average villa yields of 4.7% and apartments at 7.5% put affordable units at top of investor and tenant wish list; villa and apartment sales remain flat with prices down just 1.1% and 0.7% respectively, according to Chestertons MENA latest report.
Posted: May 2, 2016
UAE. PwC expands its Construction Disputes and Claims capabilities in the Middle East.
Posted: April 27, 2016
UAE. Residential values drop 2.2% in Q1 2016; Strongest quarterly decrease in five years and the seventh consecutive quarterly decline, according to Cluttons.
Posted: April 27, 2016
SAUDI ARABIA. Although this represents positive news, the key will be the materialization of infrastructure projects and utilizing white lands to reverse the recent slowdown.
Posted: April 27, 2016
UAE. Marketing and leasing solution for new Duja Tower development in Dubai; "RENTCafé will help us deliver a great applicant-to-resident experience and also help us to offer a broader range of services to current residents."
Posted: April 26, 2016
The residential and hotel market experienced a general slowdown, while the office and retail segments witnessed some marginal growth, according to JLL's Q1 2016 Riyadh Real Estate Outlook
Posted: April 21, 2016
UAE. Residential sales index recorded a drop of 10%, while the general rental index declined at a slower rate of 5%, according to JLL Q1 2016 Dubai Real Estate Market report.
Posted: April 19, 2016
BAHRAIN. The investment will capitalize on Dubai's growing logistics market and will offer premium warehousing facilities to tenants in one of Dubai's most established and sought after industrial areas.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

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."
date:Posted: June 22, 2016
INTERNATIONAL. 27% believe digitalization is the greatest disruptor to their core business.
date:Posted: June 22, 2016
UAE. A new generation of young, highly motivated and mostly well-educated men and women is ready to take over leadership of their family businesses, according to new Deloitte report.
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. 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.
dhgate