Saturday 28 March 2015
 
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Bahraini private hospital selling land to pay staff

A private hospital in Bahrain is reportedly planning to sell off land to raise the money it needs to pay staff. International Hospital of Bahrain (IHB) medical director Dr Abdul Shaheed Naseeb blamed an 80 per cent drop in busines

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Saudi real estate shares tumble on new tax plan

Saudi Arabian real estate shares tumbled on Tuesday after the cabinet approved a proposal to tax undeveloped land in urban areas - a policy that could shake up investment incentives in the kingdom and help to resolve a housing shortage.

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Saudi real estate shares tumble on new tax plan

Saudi Arabian real estate shares tumbled on Tuesday after the cabinet approved a proposal to tax undeveloped land in urban areas - a policy that could shake up investment incentives in the kingdom and help to resolve a housing shortage.

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Aldar in Abu Dhabi land sale success

Aldar Properties, a leading developer based in Abu Dhabi, UAE, said it has successfully completed the sale in just one week of all 281 land plots at Al Merief, a master-planned residential community for UAE nationals located in the fast gro

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Sodic acquires prime land on Mediterranean coast

Sodic, one of the region’s leading real estate development companies, has signed an agreement with Tabrouk Developments to acquire a prime land on Egypt’s Mediterranean coast. The acquisition provides Sodic, otherwise

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Sodic swings to $20m profit in 2014

Sodic, the third-largest listed property developer in Egypt, said it made a net profit of E£154.3 million ($20.2 million) in 2014 after a loss of E£477.1 million ($62.3 million) the previous year. Sodic, also known as

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Oil plunge likely to hit Dubai property market

The fall in crude oil prices is likely to impact the real estate sector in Dubai, UAE, according to property expert JLL. The drop has coincided with the strengthening of the dollar against major currencies and – pegged to th

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New Land Rover model launched in Bahrain

The new Land Rover Discovery Sport was launched yesterday (February 25) at the Land Rover Experience Centre in Bahrain International Circuit, Sakhir. Featuring a two-litre, 163-horsepower four-cylinder turbocharged engine, state-o

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Land Rover Experience centre opens in Bahrain

Off-road enthusiasts can now experience the joy of dune bashing in Bahrain at the region's first dedicated track open to the public. The Land Rover Experience at Bahrain International Circuit (BIC) opened yesterday (February 1

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Regional debut of 2 Jaguar Land Rovers at Qatar show

Jaguar Land Rover Middle East and North Africa (Mena) and Alfardan Premier Motors, its exclusive importer in Qatar, are set to debut two of the automaker’s newest vehicles to the region at a show in Doha, Qatar next month. T

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