Friday 26 December 2014
 
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real estate

Emaar's Dubai real estate chief to resign

Emaar Properties said on Monday that the head of its Dubai real estate business would leave the firm at the end of the year. "We would like to clarify that Robert Booth, CEO of Emaar Dubai Real Estate, will continue to handle

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Healthy Dubai real estate market to ride out cheap oil

The plunge in oil prices may take more of the froth off Dubai's booming real estate market, but broad-based demand for property is likely to prevent any crash, said a report. As the global financial crisis slashed oil and equi

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QNB, Savills sign real estate agreement

Qatar National Bank (QNB) has signed a new partnership agreement with Savills, a global real estate services provider, to source and identify residential and commercial properties internationally for its affluent local and regional members.

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Dubai investors looking for stable rental returns

As real estate asset prices in Dubai stabilise and start to trend lower in certain areas, the emirate has entered the 'new normal' with investors beginning to hunt for stable rental returns, a report said. Historically, th

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Barwa inks deal to sell land plots for $1.47bn

Qatar's Barwa Real Estate has signed a deal to sell two plots of land for a combined QR5.34 billion ($1.47 billion) to an unidentified buyer, the company said on Tuesday. Barwa will deliver the first plot of land, which it is

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Saudi real estate transactions hit $1.86bn

The total value of real estate transactions in Saudi Arabia's residential and commercial sector so far has grown 133 per cent in 2014 to hit SR7 billion ($1.86 billion) compared to last year, said an industry expert. Madinah&#

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Kuwait's Al Tijaria enters Norway real estate market

Kuwait-based commercial real estate company Al Tijaria said it has entered the real estate market in Norway with a KD4 million ($13.7 million) investment. The company bought a 49.64 per cent stake in a property in Norwegian capital Oslo

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The H Holding launches UAE real estate unit

The H Holding Enterprise has officially launched its real estate arm in Dubai, UAE, which will specialise in property development, asset management and related services in the Middle East. Hafeez Abdullah, the chairman, said: &ldq

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Mabanee to spend $910m on Kuwait mall extension

Kuwaiti real estate firm Mabanee said on Wednesday it would spend KD265 million ($910 million) on building the fourth phase of its The Avenues mall development. The total project cost, including the fourth phase, stands at KD610 m

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Palma to launch $1bn Dubai real estate projects

UAE-based Palma Holding, a specialist in luxury residential and mixed-use complexes, is set to launch two new signature real estate projects worth Dh3.7 billion ($1.07 billion) in Dubai, UAE, next year. The first one is a luxury b

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