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Real Estate
Three-Year Plan In Place To Establish 1,800 Projects In 10 Governorates
The government plans to implement a total of 1,801 development projects in 10 governorates over three years to…
Dar Al Arkan Eyes Building 50,000 Units In Four Years
Saudi giant real estate developer Dar Al Arkan announced Monday that it has been negotiating for some time with the…
Egyptian Real Estate Group H1/2012 Profits Hit EGP 2.9 Mln
The Egyptian Real Estate Group (AREH:CA) has posted standalone profits of EGP 2.924 million during the first half…
Rent Recovery In Prime Dubai Areas Sees 10% Increase
Rents for villas and apartments in established communities and prime buildings across Dubai rose 10 per cent and…
Emaar’s Name-And-Shame Drive Forces Landlords To Pay Up
Basing their 'name and shame' programme on this very principle, Emaar has managed to ensure defaulters to pay up.…
Law May Force Rent Hikes
Saudi real estate developers and economy experts fear the mortgage law will contribute to short-term hikes in rent…
Alila Resorts Brand To Expand Into Oman
Boutique Asian hotelier, Alila Hotels & Resorts will expand into Oman in late 2013 with the opening of Alila…
Nakheel Claims Judge Asleep At Tribunal
Dubai World Tribunal said it was “most regrettable” after one of its judges allegedly fell asleep for six minutes…
Orient Tours To Finish Alex Bank’s EGP 120 mln Loan in 2014
Orient Tours, affiliated to Remco Tourism Villages Construction, claims that in Q1 of 2012 it will have paid its…
“Baz Marina” Project To be Inaugurated in 2014.
Baz Real Estate System Co. will finish in the middle of 2014 its project "Baz Marina" in Marsa Alam, on an area of…