Saturday 13 February 2016
 
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Demand-supply ratio may soften UAE housing rentals

The rental market in the UAE’s  real estate sector will soften further in 2016 due to the widening gap between the demand and supply ratio. The focus on the affordable housing market sector will further enable the indus

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Growing supply ‘to hit UAE property rentals’

The rental market in the UAE’s real estate sector will soften further in 2016 due to the widening gap between the demand and supply ratio, said Chestertons, an international property agency. The company also stated that deve

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Diyar Al Muharraq seafront units 'in big demand'

Diyar Al Muharraq, a leading urban developer in Bahrain, said it had received an overwhelming response from investors for the units in the second phase of its seafront development Al Bareh coming up in the kingdom. The company lau

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Polyurethanes demand to reach $74bn by 2022

The demand for polyurethanes (PUR) is expected to rise on an average 4.8 per cent per annum until 2022, reaching sales amounting to $74 billion globally, according to a study by Ceresana, a market research company. PUR is a durabl

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Dubai office demand 'to shrug off oil slump'

A Brookfield Property Partners joint venture began work on a $1-billion office tower in Dubai on Wednesday as the Canadian company bets the UAE emirate's commercial property sector will be unaffected by the sustained slump in oil prices.

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Saudi won't limit oil production: Al-Naimi

Saudi Arabian Oil Minister Ali Al-Naimi said the kingdom, the world's top crude exporter, does not limit its output and has the capacity to meet additional demand, state television Al Ekhbariya reported on Wednesday. "The

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Opec's market share to shrink by 2020

Global demand for Organization of the Petroleum Exporting Countries (Opec's) crude will be lower in 2020 than next year as supply from rivals proves more resilient than expected, potentially fuelling a debate on the merits of its strategy

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Diyar Al Muharraq's seafront project 'in big demand'

Diyar Al Muharraq, one of the leading urban developers in Bahrain, said there has been an overwhelming response from investors for the freehold properties at its seafront development project Al Bareh. Al Bareh is the second develo

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Abu Dhabi luxury golf villas 'in big demand'

Abu Dhabi’s property market will continue to remain buoyant through 2016 due to its strong growth potential and rise in demand for such high end luxury golf villa properties, said a leading global real estate expert. Globall

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Aldar's leased residential portfolio 'in big demand'

Aldar Properties, a leading listed property development company in Abu Dhabi, UAE, said it has been witnessing solid demand for its leased residential portfolio in the emirate mainy driven by a continued flight to quality. Release

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