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 31, 2017
UAE. Over the next 5 years it is expected that the serviced apartment/hotel stock is to double. A price analysis reveals that they trade at a significant premium compared to the standard residential units.
Posted: October 31, 2017
INTERNATIONAL. Something extraordinary happens when people who might never have crossed paths otherwise band together with a common vision; they ignite something.
Posted: October 29, 2017
UAE. Apartment and villa rentals decline 10% and 6% respectively YoY, while sales prices decline 10% and 5% respectively; Apartment and villa sales prices decline 3% and 1% respectively QoQ.
Posted: October 29, 2017
EGYPT. Q3 has seen boost in Egyptian hotel and tourism sector, according to JLL's latest Cairo Real Estate report; Further projects have been announced in Cairo and across Egypt demonstrating restored investor confidence.
Posted: October 28, 2017
OMAN. Oman's GDP growth is expected to rise to 5.2% next year, aided by the introduction of natural gas production at the Khazzan gas field and the opening of the new airport in Muscat.
Posted: October 28, 2017
INTERNATIONAL. Global engineering and infrastructure advisory firm Aurecon awarded "Transportation Engineering Award" for 2017 for the role it played in the construction of the Siphofaneni Bridge by the South African Institution of Civil Engineering.
Posted: October 27, 2017
INTERNATIONAL. 90% of homebuyers search for property online, with 52% using the web as their first step; For new home shoppers, 36% report using a mobile device while watching TV.
Posted: October 27, 2017
UAE. The underpinning aspects of 'smart buildings' is ensuring there is a synergy when it comes to HVAC technology within the infrastructure.
Posted: October 27, 2017
UAE. Firas Al Msaddi has built one of the emirate's leading real estate brokerages in just eight years.
Posted: October 27, 2017
UAE. New joint venture with Dubai South Development to bring forward 1,150,548 Sq. Ft. of residential units.
Posted: October 26, 2017
UAE. ARTAR says punctuality, fire safety becoming increasingly important factors in high rise home buying decisions
Posted: October 21, 2017
INTERNATIONAL. Purchase of a single tenant class A office building in Englewood, Colorado; The building is expected to become LEED Silver Certified (pending).
Posted: October 19, 2017
UAE. Contractors and developers are racing against time to complete some of the major infrastructure and mixed-use projects for Expo 2020; These projects will create 500,000 new employment over the next 8 years.
Posted: October 13, 2017
INTERNATIONAL. 44 of the world's cities ranked according to their "magnetism" in The Mori Memorial Foundation's GPCI 2017; Dubai featured for the first time with strong ratings for corporate tax rates, ranking No.11 in that category.
Posted: October 13, 2017
INTERNATIONAL. Elizabeth de Portzamparc has set up a unique architectural dialog between this ancient heritage and contemporary architecture.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 18, 2017
UAE. ICA Conference in Dubai to address the importance of GCC sovereign wealth funds and the sharing economy; Leading analyst calls for a "Mini Marshall Plan" to help the Middle East push up economic growth and reduce dependency on commodities.
date:Posted: November 18, 2017
SAUDI ARABIA. Findings from the Global Youth Survey, undertaken by Populus on behalf of the Misk Foundation, revealed that more than half fear that are not sufficiently tech-savvy to access the opportunities that will arise from the rush of technological progress.
date:Posted: November 17, 2017
UAE. Heightened fulfillment requirements transform expectations as two-thirds of shoppers prefer next-or same-day delivery.
UAE. Cisco's security research organization Talos says once this ransomware enters your system, it uses three ways to spread automatically around a network, one of which is the known Eternal Blue vulnerability.
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