New Saudi law expected to boost the mortgage market
The Saudi Council of Ministers, chaired by Custodian of the Two Holy Mosques King Abdullah, approved the much-awaited mortgage law,...
Construction
A new $40 million residential project in Verdun
Al Baraka Bank (SAL) has signed a contract with Arabian Company for Civil Works (ACCW) to launch a new real...
Bahrain’s real estate sector set for major turnaround
Bahrain's real estate sector is set for a major turnaround as the government continues with infrastructure and utility upgrades and...
60,000 more housing units for Jeddah
Real estate experts and businessmen have unanimously agreed that allowing owners of residential buildings to add an extra floor to...
British construction sector turns attention to Qatar 2022
All eyes will be on London this month as it hosts the 2012 Olympic Games. But for Britain’s construction sector,...
Kurdistan Region of Iraq needs 15,000 housing units per year
While sources at the Ministry of Housing estimate a number of 5,000, the Minister of Planning Ali Sindi says 15,000...
The Saudi REDF approves 11,666 housing loans worth SR 5.83 billion
The Real Estate Development Fund (REDF) has approved 11,666 housing loans worth SR 5.83 billion to construct 14,000 housing units...
The $312 million Sur Gate project launched in Oman
The Sharqiya Development Company has officially launched its RO120m Sur Gate integrated real estate project that will bring a major...
Saudi Arabia sets SR20 billion for water projects
The Saudi government has undertaken SR 20 billion worth of water projects as part of its ambitious plan to ensure...
QAR 3.7 billion syndicated facility to finance the development of the Doha Festival City project
Bawabat Al Shamal Real Estate Company WLL (BASREC) has signed a QAR 3.7 billion 10 year syndicated facility to finance...
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