Thursday 10 July 2014
 
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Housing

Egypt-Saudi company to invest $245m in housing units

A housing development company owned by Egypt and Saudi Arabia said it was increasing its capital by $245 million, a four-fold rise, to build houses in Egypt, in a further sign of support for the country from its key Gulf ally. Egy

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Bahrain invites bids for phase II of Northern Town

Bahrain’s Ministry of Housing has invited pre-qualification bids from contractors and design and supervision consultants for the second phase development of the new Northern Town – Al Madina Al Shamliya.  

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Sama moves to curb rise in housing rents

The Saudi Arabian Monetary Agency (Sama) is set to issue real estate financing licenses to some banks and other financing institutions, in a move to curb the spiralling housing rent in the kingdom, said a report.  

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Sama moves to curb rise in housing rents

The Saudi Arabian Monetary Agency (Sama) is set to issue real estate financing licenses to some banks and other financing institutions, in a move to curb the spiralling housing rent in the kingdom, said a report.  

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Major housing project to be launched in Bahrain

A major housing project in partnership with the private sector is to be announced soon in Bahrain.   It is part of a mega project including the construction of four new cities at a time to fulfill housing needs a

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IMF wants Britain to act on housing bubble risk

The International Monetary Fund (IMF) urged Britain to cool its housing market by reining in risky mortgages, the strongest warning yet from an international organisation about the risk of a property price bubble. So far there hav

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Saudi housing projects ‘might reduce rents’

Saudi Arabian residents are awaiting the completion of the Ministry of Housing’s projects, which is expected to contribute to reducing of housing units in the kingdom’s major cities, said a report.  

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Tasweek to launch $272m IPO by year-end

Tasweek Real Estate Marketing and Development, an Abu Dhabi-based private joint stock company, is set to launch a $272 million (Dh1 billion) initial public offering (IPO) by the end of the year, said a report.  

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Tasweek to launch $272m IPO by year-end

Tasweek Real Estate Marketing and Development, an Abu Dhabi-based private joint stock company, is set to launch a $272 million (Dh1 billion) initial public offering (IPO) by the end of the year, said a report.  

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Arabtec asks firms to register for Egypt project deals

UAE-based Arabtec Holding has invited Egyptian and UAE companies to pre-register for contracts in its one million housing units project in Egypt.   The housing project was unveiled this year as a partnership betw

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