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Real Estate
Values of U.K. Commercial Property Fall for the 5th Month
U.K. commercial real estate values fell for the fifth straight month in March as the country’s economic woes…
Real Estate Market in KSA Needs SR500bln in Five Years
Saudi real estate market needs more than SR500 billion in the next five years to finance housing projects, a real…
Abu Dhabi’s Aldar Signs US$1.1bn CNBAD redit Facility
Abu Dhabi's Aldar Properties has secured a AED4bn (US$1.09bn) credit facility from National Bank of Abu Dhabi, a…
Revenues Lead Nakheel’s profits to Rise
Nakheel made a full-year net profit of Dh1.3 billion in 2011, 33 % up on the previous year, the company said on…
Value of Real estate transactions rise in Lebanon
According to report by Credit Libanais Bank, the number of real estate transactions in Lebanon has declined by…
World’s tallest tower in Jeddah to be ready in 63 months
Jeddah's Kingdom Tower, set to become the world's tallest building, will be completed in 63 months, according to…
Nakheel Launches New Luxury Residential Project
Nakheel launched a new luxury residential project on Palm Jumeirah on Wednesday, its first major development…
Housing Ministry Defines Conditions of Acquiring Military Units
The Ministry of Housing declared yesterday conditions required for acquiring the Armed Forces residential units…
Drake and Scull Expects Growth in Qatar
Contractor Drake and Scull is banking on growth in Qatar in the second quarter of 2012, as the country pushes…
Makkah Station of Haramain railway costs SR3.2bn
The Haramain Railway's main station in Makkah will cost SR3.2 billion, Transport Minister Jabara Al-Seraisry said…