Bahrain Parliament's financial and economic affairs committee decided to credit an extra BD60 million ($157.4 million) to the state budget to help reconstruct 2,000 dilapidated housing units, said a report in the Gulf Daily News (GDN), our
Dubai-based engineering and construction group Arabtec is in discussion with the Egyptian government to set up a new joint real estate company for the development of the previously announced one million residential units in the country, said a
UAE-based Finance House (FH) has secured an approval from the Central Bank of the UAE and the Securities and Commodities Authority (SCA) for a share buyback programme of up to 10 per cent of its paid up capital.
Kuwait Finance House (KFH) has announced the successful completion of an ICT project to upgrade its existing banking system.
The system will offer integrated shari’a compliant financial services to the real estate industry,
Kuwait Finance House – Bahrain won an award from the kingdom’s Ministry of Labour for its efforts in employing Bahrainis with special needs.
It was presented at the ministry’s 29th Annual Honouring Ceremony of Ha
An Etihad Airways Airbus A340-600 performed a low-altitude aerial salute to Sydney Opera House as part of the iconic venue’s 40th birthday celebrations.
The aircraft operating the commemorative flight – EY9240 –
British house prices are rising at their fastest pace in seven years, according to an industry survey on Tuesday that may raise concerns that government lending incentives are creating a new property bubble.
The Royal Institution
Dubai's housing market will witness further delays in its recovery path and plummet another 10 percent, as it faces a slowdown amid renewed global financial woes and European sovereign debt crisis, a Reuters poll showed on Monday.
Dubai's housing market still has nearly a third too much supply and prices will plummet by another 10 percent, deepening a three-year rout to nearly 60 percent from its peak, a Reuters poll showed on Wednesday.
Rents and prices in Dubai's
Disenchanted US voters swept Democrats from power in the House of Representatives and strengthened the ranks of Senate Republicans on Tuesday in an election rout that dealt a sharp rebuke to President Barack Obama.
Two years after Obama wo