Saturday 25 May 2013
 
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Saudi to confiscate unused plots for housing

Saudi Arabia's housing minister said urban land left undeveloped could be confiscated to build much-needed homes, local media reported on Saturday. The world's top oil exporter and biggest Arab economy is pushing to reform

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Dubai to host first Arab real estate summit

The Dubai Land Department has partnered with the Arab League to organise the first 'Arab International Sustainable Real Estate Conference' in Dubai next month. The first-of-its-kind conference will be held on May 1 and 2 i

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'Peak farmland' is here, crop area to diminish

The amount of land needed to grow crops worldwide is at a peak, and a geographical area more than twice the size of France will be able to return to its natural state by 2060 as a result of rising yields and slower population growth, a group of

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Kingdom Holding Q3 profit up 10pc

Kingdom Holding Company (KHC), the investment company chaired by Saudi Prince Alwaleed, has registered a net profit of SR218 million ($59.3 million) for the third quarter, up 10 per cent over the same period last year. Announcing

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Egypt 'resolves' land row with Damac

  Egypt has settled a row with a Dubai-based developer over a land contract reached when Hosni Mubarak was in power, a minister said on Tuesday, a deal that could help remove uncertainties that have depressed interest in the once

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Kingdom completes $66m Saudi land sale

Kingdom Holding Company (KHC), the investment vehicle of Saudi Prince Alwaleed bin Talal, has inked a deal with Jeddah-based Subul Development Company for the sale of a part of its Kingdom Riyadh Land project for SR250 million ($66.5 million).

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Shafik, Mubarak sons referred to criminal court

  The sons of former Egyptian president Hosni Mubarak, Alaa and Gamal, and his last prime minister, Ahmed Shafik, have had charges they were involved in illegal land purchases referred to a criminal court, judicial sources said o

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Egypt cancels land allotted to top businessmen

Egypt's government has withdrawn 2,100 hectares of land from some of the country's leading businessmen because they failed to develop it, a minister who heads a committee investigating failures in industry said on Sunday.    

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Emaar, Tamer Group ink land deal

Jeddah-based Tamer Group, a leading healthcare and consumer goods firm, has signed a deal with Emaar, The Economic City (EEC) to buy 500,000 sq m of freehold land in the Industrial Valley at King Abdullah Economic City, said a report.

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Eye on Earth network goes live

The new Eye on Earth network went live, providing environmental stakeholders with an online community and application development platform, allowing users to create maps and visualise data on environmental issues on a real-time basis. The

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