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 20, 2014
SAUDI ARABIA. JLL has just released its Q3 2014 Riyadh and Jeddah Real Estate Market Overview reports that asses the latest trends in Saudi Arabia's two largest cities.
Posted: October 15, 2014
UAE. New ventures report shows spending will double this year across the region, with a focus on five areas: rail, roads, airports, ports and free trade zones.
Posted: October 15, 2014
BAHRAIN. Cluttons' latest Property Market Outlook indicates that increased focus on higher quality developments will begin to put rents under strain at the top end of the market.
Posted: October 14, 2014
BAHRAIN. The projects will involve investment in the industrial, infrastructure, and tourism sectors and will increase Bahrain's competitive advantage.
Posted: October 13, 2014
UAE. Average residential sales values increased by around 3%; Office market remained flat with minimal movement in either the prime or secondary rental rates.
Posted: October 12, 2014
BAHRAIN. Bahrain's retail market has witnessed significant growth during the first three quarters of 2014, according to the latest report from Cluttons.
Posted: October 9, 2014
UAE. This will be the first event of its kind, and will showcase the UAE's ambition on the world stage.
Posted: October 8, 2014
UAE. Strong revenue from property development and ongoing improvements in retail, leasing and leisure business performance contributed to the results.
Posted: October 7, 2014
UAE. Parsons' scope of work includes infrastructure, road and bridge design, and construction supervision.
Posted: October 7, 2014
UAE. Third quarter Abu Dhabi Real Estate Market Overview report, provides JLL's perspective on the latest trends in the office, residential, retail and hotel sectors in the market; Prime office rents have started to rise; growth in residential sale prices continues.
Posted: October 6, 2014
UAE. Ventures ME report reveals the huge investment being made across the region in the school, college and university building sector.
Posted: October 5, 2014
QATAR. Rapid growth in the non-hydrocarbon sector (11.3%) was spurred by large investments in major infrastructure projects and by the fast growing population; The hydrocarbon sector declined 2.2% as a result of lower crude oil production and temporary gas production shutdowns.
Posted: October 2, 2014
UAE. The unit of the UAE's biggest-listed developer, Emaar Properties, climbed to as high as 3.50 dirhams, and was trading at 3.29 dirhams at 12:51 p.m. local time.
Posted: October 2, 2014
UAE. Mohamed Alabbar participates in bell ringing ceremony at DFM; Emaar Malls is now trading under the ticker "EMAARMALLS".
Posted: October 1, 2014
UAE. "Rents are experiencing a slowdown in certain areas. For instance, in Jumeirah Lake Towers, apartment rents fell by 4.6% between June and August."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 29, 2014
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
date:Posted: October 29, 2014
UAE. Significant increase in inflows of private capital into UAE in 2014; UAE seen as hub between Africa and Asia; Political stability remains a major factor driving flows; UAE clear winner in the region, as other GCC countries see net outflows of private capital.
date:Posted: October 28, 2014
INTERNATIONAL. Foreign policy is what a president wishes would happen; foreign affairs are what actually happen; the problem that Obama has, which has crippled his foreign policy, is that his principles have not been defined with enough rigor to provide definitive guidance in a crisis.
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
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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