Saturday 25 October 2014
 
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land

Dubai sees steady increase in land prices

With an expanding significance of freehold in Dubai, UAE, land prices will continue to gather momentum, especially towards the build-up for the World Expo 2020, said a report. As Dubai's real estate market enters its third cyc

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Saudi Arabian property prices 'may fall 40pc next year'

Saudi Arabia could see a 30 to 40 per cent drop in property prices in 2015 following the recent government decision to impose fees on vacant lands and cancel all bogus land deeds, said a report. The government must take additional measu

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Qatari developer in $697m land deal

Qatar's Barwa Real Estate says it will sell land worth QR2.54 billion ($697.4 million) to the government, marking the latest state assistance which the indebted developer has received. In exchange for a plot in Lusail City, Ba

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Hyundai-led group agrees to $10bn land deal

Hyundai Motor and its two affiliates approved Asia's biggest property deal since the financial crisis on Friday when their board members agreed to pay 10.55 trillion Korean won ($10.12 billion) for a trophy plot of land to house a new headqu

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Egypt must cut red tape to win investors in Suez canal

Egypt must strip back bureaucracy to attract investment in its planned second Suez canal and bring in new laws making it easier for companies to get licences and land, a legal firm linked to the project said. Egypt plans to build

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Saudi council to consider tax on unused urban land

Saudi Arabia's Supreme Economic Council, a top policy body chaired by King Abdullah, will study whether to tax undeveloped urban land as part of efforts to end a serious housing shortage in the world's top oil exporter. Ma

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Saudi council to consider tax on unused urban land

Saudi Arabia's Supreme Economic Council, a top policy body chaired by King Abdullah, will study whether to tax undeveloped urban land as part of efforts to end a serious housing shortage in the world's top oil exporter. Ma

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Land Rover unveils new Discovery Sport

Land Rover has unveiled the new Discovery Sport, a top versatile and capable premium compact sports utility vehicle (SUV). The first member of the new Discovery family, Discovery Sport, features 5+2 seating in a footprint no large

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'Hydroponics can save more arable land': Pegasus

Pegasus Agriculture, a hydroponics leader in the Middle East and North Africa (Mena) region, said its technology of soilless farming can strictly control the use of available arable land for agricultural purpose. The land capable

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Plans to buy land for Manama's Old Suq development

Preparations are in full swing to buy 13 plots of land for the Bahrain government to carry out development projects in Manama’s Old Suq, including car parks, shelters and toilets. 

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