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New law 'to transform Saudi property market'The new regulations on real estate financing, leasing and supervision of financial companies issued by the Saudi Arabian Monetary Agency (Sama) are set to transform the Kingdom's property landscape, said a property expert. Mas More… |
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Saudi needs $133bn to meet housing demandsSaudi Arabia is facing a huge housing shortage amid a surge in demand and needs SR500 billion ($133 billion) in financing to construct 1.25 million houses by 2014, said an expert. The total real estate financing is set to reach SR More… |
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Damac, Iraq ink deal to develop key projectsUAE-based Damac Properties has signed a memorandum of understanding with the Iraqi Minister for Construction and Housing towards developing key projects in Baghdad. The region’s largest private luxury developer already has t More… |
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Meydan unveils two big Dubai projectsDubai-based Meydan Group launched two major new projects - the 5.08 million sq m Hadaeq Sheikh Mohammed Bin Rashid and Meydan Tower that will dominate the Sheikh Zayed Road skyline - at the Cityscape Global expo, sparking a new chapter in the gr More… |
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Emaar Turkey launches luxury communityEmaar Turkey, the country-subsidiary of Dubai-based Emaar Properties, has announced a new mixed use development spanning 67,000 sq m, offering luxury living in a stunning new urban neighbourhood. The launch of Boulevardi, Emaar&rs More… |
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Barwa eyeing London property marketQatar's Barwa Real Estate is looking to invest in the London property market before the end of the year, the company's deputy group chief executive said on Tuesday. "We're looking for a few investments in Europe, More… |
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ME hiring upbeat, ‘better than the West’The Middle East has witnessed an increase in hiring activity over the last few weeks, following a relatively busy summer and the region is faring better compared to Europe, the UK and the US, a report said. Several large Dubai developer More… |
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Big international presence at CityscapeA record number of international pavilions from the world's emerging real estate markets will be out in force at Cityscape Global this year, as they showcase some of the most promising real estate investment opportuni More… |
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2.7 hectare ‘crystal lagoons’ in Egypt resortChilean firm Crystal Lagoons will build a 2.7 hectare lagoon offering an unlimited selection of water sports in the $600 million Sharm El Sheikh luxury resort in Egypt, said the company’s CEO. Aimed at the high-end traveler, the r More… |
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ADF launches new mortgage promotionAbu Dhabi Finance (ADF), a leading home finance provider, has launched a special promotion for the Cityscape Abu Dhabi exhibition, offering a fixed rate of 4.99 per cent during the first year of the mortgage. The mortgage will also offer t More… |
