UDC to sign $412 million loan deal with Qatar National Bank
United Development Company (UDC), master developer of The Pearl-Qatar, announced its intention to sign a loan agreement facility with Qatar...
Real Estate
Arabtec led JV signs $629 million real estate contract in Jordan
Arabtec Holding said it is part of a joint venture that has signed a $629 million contract to develop part...
Emaar and Meraas JV to develop first phase of Dubai's MBR City
Emaar Properties and Meraas Holding are to jointly develop the first phase of the multi-billion-dollar Mohammed Bin Rashid City in...
Barwa unveils plans for $5.5 billion mixed-use resort in Qatar
Barwa Real Estate, one of Qatar’s leading real estate management and investment companies, has launched a $5.5 billion residential and...
Saudi SAMA considers regulating mortgage rates
Saudi Arabian Monetary Agency ( SAMA ) is considering new regulations to unify mortgage rates, which all banks and finance...
Apartment rents in Saudi Arabia increase by 30%
In a surprising move, rent prices for apartments and villas shot up by 30 percent, according to real estate experts....
$1 billion hotel and furnished residences project in Palm Jumeirah
Skai Holdings, the Dubai-based real estate investment firm, today unveiled plans for its new $1 billion (Dh3.67 billion) hotel and...
10 mega projects to adorn Dubai
In a major drive to further improve the infrastructure of the city, Dubai Municipality has launched 10 major projects to...
Solidere closes $185 million securitization deal
On April 8th, Solidere SAL closed a $185 million securitization deal through BLC Bank and BSEC-Bemo securitization. The transaction is...
Dubai ranked world's 2nd hottest property market in 2012
According to a recently published Forbes ranking of 'The Hottest Real Estate Markets On Earth,' which ranks real estate markets...
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