Credit growth in the United Arab Emirates is expected to be around 2 per cent this year, a senior banking official said, in a fresh sign the UAE credit cycle may have peaked because of low oil prices and cooling property markets.
London remains an attractive destination for Middle East investors looking to expand their property portfolio, according to a new report from property investment firm IP Global.
A number of outer London locations are showing parti
The property market in the northern UAE emirate of Sharjah, saw rental rate stabilise in last three quarters of 2014 as slowdown in the neigbouring Dubai stalled tenant migration, according to a report.
Throughout the Northern Emi
Government initiatives to stimulate job growth, fuelled in part by a knock-on effect from the Expo 2020 win, provided healthy demand across all asset classes in Abu Dhabi, UAE, said a report.
There has been a marked improvement in
Within a general atmosphere of improving investor confidence and an optimistic business outlook across the UAE, Dubai remains a more robust market, while Abu Dhabi is way behind its neighbouring emirate in terms of the timing of recovery, said a
The residential property market in Dubai witnessed solid growth in the second quarter with average rent increases of 6 per cent for apartments and 9 per cent for villas after a stable first quarter, said a report.
The sales prices recorde
It remains a challenging time for the real estate sector in Cairo amid on-going uncertainty, however clarity is slowly returning to the Egyptian property market, according to a report.
The general outlook continues to be cautious but optim
A surplus of supply and fluctuating demand will be the two key issues the UAE’s property sector will have to focus on for the first half of 2012 and possibly beyond, said a report.
The sector is still sluggish although it still holds vast
Bahrain's real estate market is showing signs of recovery, thanks to new expats moving to the kingdom in the past few months, an international firm said.
Cluttons reported an upturn in the number of foreign workers arriving in Bahrain
Continued oversupply will delay a property market price recovery in both Dubai and Abu Dhabi emirates, according to analysts.
Dubai's once-booming property market can expect more pain with oversupply likely to delay a recovery&nbs