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: July 8, 2014
UAE. Mr. Biele joins DPG's dedicated development company with nearly 30 years of real estate experience in the Middle East and the US; He will oversee all aspects of the company with particular focus on the company's strategy and business development.
Posted: July 8, 2014
UAE. Russian JV wins accolade at the 2014 "Real Estate Market Records Awards".
Posted: July 8, 2014
SAUDI ARABIA. Citadines Sari Jeddah and Somerset Corniche Jeddah to open in 2015 and 2016 respectively
Posted: July 7, 2014
UAE. The unveiling of The Mall of the World will form part of a strengthening mall development pipeline. "I see this as Dubai's answer to London's Oxford Street and Paris' Champs Elysee."
Posted: July 7, 2014
UAE. Caters to huge demand for cranes in the region amidst rampant construction; Massive cost, time savings as delivery time cut from 16 weeks to 4 weeks.
Posted: July 7, 2014
UAE. Average apartment and villa rents increase 4% and 5% respectively in Q2; apartment and villa sales prices rise 6% and 3% respectively.
Posted: July 3, 2014
UAE. Shares in the UAE's largest listed construction company jumped 9.7% to 3.63 dirhams, at 12:37 p.m. in Dubai, bringing its three-day advance to 39%.
Posted: July 3, 2014
UAE. Over 50 contracts, worth a total of more than US$5.4 billion for newly announced or recovered residential projects and a further US$3.8 billion for mixed-use projects, all with strong residential elements.
Posted: July 2, 2014
UAE. Dubai is still clearing up the mess from a near default almost five years ago that sent shockwaves through global markets, and the worst stock-market selloff since 2008 is unlikely to derail the process.
Posted: July 2, 2014
UAE. Renewed industry confidence seeslargest ever editions of "The Big 5", "Middle East Concrete" and "PMV Live" this year.
Posted: July 1, 2014
OMAN. The property consultancy's Muscat Spring 2014 Commercial Market Outlook report indicates a shortage of mid-range hotels to cater for Oman's growing tourism market.
Posted: June 30, 2014
UAE. Dubai continues to be the destination of choice for global investors looking to enter the region; London remains world's most expensive office market.
Posted: June 29, 2014
UAE. 75% expect an increase in spending over the next 12 months; UAE is top target for investing in capital projects and infrastructure, followed by Qatar and KSA; 54% of owners, and 43% of contractors consider the availability of skilled people as a top challenge.
Posted: June 28, 2014
UAE. Standard & Poor's Ratings Services's latest assessment of DIP finds a stable outlook on the basis of stronger liquidity.
Posted: June 26, 2014
UAE. Dubai developer will repay the total amount owed to bank lenders with an early repayment in August 2014, nearly four years before the final loan instalment due in March 2018.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 22, 2014
INTERNATIONAL. "Whether Putin is in real trouble is not something I can be certain of, but too many things have gone wrong for him lately for me not to consider the possibility. And as in any political crisis, more and more extreme options are contemplated if the situation deteriorates."
date:Posted: July 22, 2014
UAE. If Saudi Arabia was to join the MSCI Frontier Markets, it would become its first component with a weighting above 60%.
date:Posted: July 22, 2014
UAE This article provides an updated summary of the key employment law developments across the GCC; A new Government body known as the Manpower Authority is being created in Kuwait to take over certain functions of the Ministry of Social Affairs and Labour.
INTERNATIONAL. "Whether Putin is in real trouble is not something I can be certain of, but too many things have gone wrong for him lately for me not to consider the possibility. And as in any political crisis, more and more extreme options are contemplated if the situation deteriorates."
INTERNATIONAL. The future will be decided in a race between global advances in demand for resources, complex technology and biotech innovation, and growing sovereign debt.
dhgate