Thursday 5 May 2016
 
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real estate

Jeddah sees real estate market slowdown

The Saudi city of Jeddah has witnessed a general slowdown across all its real estate sectors in the first quarter due to demand-supply mismatch and the country’s overall macroeconomic scenario, according to a report. The exi

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Jeddah sees real estate market slowdown

The Saudi city of Jeddah has witnessed a general slowdown across all its real estate sectors in the first quarter due to demand-supply mismatch and the country’s overall macroeconomic scenario, according to a report. The exi

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UAE’s real estate relatively stable in Q1

Moving further away from previous year’s dormant second half, UAE’s real estate market remained stable in the first quarter of 2016, said a report. Major developers, including Emaar and Nakheel, did not shy away from l

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Dubai residential property prices down 10pc in Q1

The residential property prices in Dubai, UAE, fell 10 per cent in the first three months of the year due to a strong dollar and also because buyers had less cash to spend following the oil price slump, said a report. The Dubai re

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New software helps Mideast realtors access Chinese buyers

PropSpace, a global leader in real estate software solutions, has launched a new product that now makes it easier for real estate agents in the Middle East region to sell property to Chinese buyers in partnership with Juwai.com, the largest Chin

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Recovery signs in Dubai residential market

After a nine-month relatively stable residential market, there were minute indications of an early recovery in some areas of Dubai, UAE, in the first quarter of this year, a report has said. The ValuStrat Price Index (VPI) signals

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Ezdan Holding gets nod for $2bn sukuk

Qatar's Ezdan Holding said on Tuesday it received shareholder approval to raise $2 billion through the issuance of sukuk. A real estate developer founded by members of the ruling Al-Thani family, Ezdan could issue in dollars o

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URC posts 8.3pc increase in net profit

United Real Estate Company (URC), a leading development and property services company based in Kuwait, has reported a net profit of KD8 million ($26.47 million) for 2015, an 8.3 per cent increase from the previous year. URC chairm

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Abu Dhabi real estate sector poised for growth

New regional market research studies have revealed that the growing consumer confidence in the property market combined with a stabilising economy are expected to trigger demand for mortgages in the UAE. Figures from a new YouGov

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Summit puts spotlight on Saudi real estate sector

The long-term opportunities of the Saudi Arabian real estate sector as well as the steps investors are taking to protect themselves in the current period of turbulence will be reviewed at the  Euromoney Saudi Arabia Conference to be held in

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