Hertz Rent A Car has appointed dnata as its exclusive outbound general sales agent for the travel trade in Saudi Arabia and Bahrain.
It entered into a three-year strategic partnership which adds two more GCC countries to dnata'
Residential property rents in Qatar have increased 20 per cent over last year, but the oil price crash may help stabilise the market and prevent an unreasonable further hike, according to a report.
The falling oil prices, however,
The residential rents in Dubai witnessed a modest growth of around seven per cent over the course of the year, as compared 24 per cent last year, according to global property consulting firm CBRE’s year-end market update.
Economic stability has begun to impact on residential rents, by stabilising rates and encouraging tenants to turn their attention to higher quality schemes in Bahrain, according to new analysis by Cluttons.
A new report from the i
Qatar’s rentals are expected to grow at an average rate of 10 per cent until 2022, with land values and construction costs increasing steadily in the country, a report said.
The rents of commercial space and residentia
The average rent for a two-bedroom apartment in Abu Dhabi is around Dh139,000 ($37,842), according to a study by propertyfinders.ae.
It said Abu Dhabi renters can expect to pay, on an average, Dh65,000 for a studio and Dh92,000 for a on
The residential sales performance in Dubai saw a continued slowdown in the second quarter of the year, with only a marginal growth of six per cent and three per cent for apartments and villas respectively, according to an Asteco report.
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.