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: January 18, 2016
UAE. The first regional training academy launched by leading property services company to raise the benchmark in professional real estate brokerage services.
Posted: January 18, 2016
UAE. The millennials are likely to be the most prominent players in the market, according to the organizers of the International Property Show 2016.
Posted: January 18, 2016
BAHRAIN. Latest acquisition builds on Arcapita management team's senior living sector experience - completed transactions valuing more than US$1.5 billion
Posted: January 17, 2016
UAE. Worst hit will be Saudi Arabia, which is forecast to drop by almost a fifth, equal to nearly US$10 billion, to US$40.7 billion, as low oil prices hit government spending plans, according to MEED Projects.
Posted: January 12, 2016
UAE. JLL's UAE Real Estate Market Overview for 2015 noted that performance remained largely stable as developers adjusted to lower oil prices, reduced government spending and a significantly slower rate of economic growth than in recent years by reducing levels of new supply.
Posted: January 12, 2016
UAE. 47% of real estate agents expect a fall in Dubai property values over the course of 2016, while 32% forecast a rise, finds Emirates NBD Dubai Real Estate Tracker.
Posted: January 12, 2016
UAE. Vostok New Ventures Ltd makes US$20 million equity investment.
Posted: January 11, 2016
UAE. The report shows that residential prices dropped in the fourth quarter of 2015, compared to the previous quarter, and declined through the past year. The report also addresses the recent controversy around supply projections.
Posted: January 11, 2016
UAE. The contract is for the construction of 1,017 villas at West Yas, Aldar's residential development at Yas Island.
Posted: January 11, 2016
UAE. Given the supply/demand metrics at play, Dubai is currently in the recession phase of its second cycle and is expected to enter its recovery phase by late 2016, says REIDIN.
Posted: January 6, 2016
UAE. The December '15 ValuStrat Price Index registered 97.9 index points, with no significant change in values when compared to the previous five months.
Posted: January 6, 2016
UAE. GCC markets benefit from access to low-cost labor and energy, according to the Arcadis International Construction Cost Index.
Posted: January 5, 2016
UAE. Safe, fast, convenient and green transportation now available for the first time in the Middle East at Bay Avenue.
Posted: January 4, 2016
UAE. DUTCO team already on site working round-the-clock; cleaning work started; mechanical, electrical and structural assessment underway.
Posted: December 30, 2015
UAE. The project is managed by a joint venture between Parsons and AECOM, and the entry was submitted by Saipem.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 8, 2016
UAE. KPMG's inaugural "Variables for Sustained Growth" (VSG) Index tracks some of the most important factors that support economic performance in 181 countries; UAE ranks 24 based on metrics including infrastructure development, education and strength of public institutions.
date:Posted: February 8, 2016
UAE. On a city wide basis, capital appreciation since 2009 has been a mere 16%, whereas the total returns including rent during the same period have been close to 70%.
date:Posted: February 7, 2016
UAE. The markets are looking for help as the US economy joins the pack with weaker than expected growth; Dollar weakness provides relief for Asia.
UAE. KPMG's inaugural "Variables for Sustained Growth" (VSG) Index tracks some of the most important factors that support economic performance in 181 countries; UAE ranks 24 based on metrics including infrastructure development, education and strength of public institutions.
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
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