Dubai-based Nesto to invest $267 million in Saudi retail sector
Nesto Group, a Dubai-based retail giant, has announced an ambitious plan to invest SR1 billion ($267 million) in the Saudi...
Real Estate
Riyadh property market set for strong growth
The real estate market in Saudi capital Riyadh is currently being driven by a number of master-developed projects mainly in...
Bahrain sets aside $1.5 billion for 16,000 new homes
Bahrain will allocate up to BHD580m (US$1.51bn) for 16,000 new homes in a bid to ease the Gulf state’s affordable...
The Iraqi Housing Fund approves 39,000 Loans
The Iraqi Housing Fund has approved about 39,000 housing loans since it started operations in March 2005, and the rate...
Dubai villa prices up 20% since July
Dubai is set to consolidate its place as an attractive investment destination with economic indicators pointing towards a healthy recovery,...
Saudi Arabia needs $347 billion housing investment by 2020
The Saudi housing market continues to expand on the back of high population growth and increasing availability of financing alternatives....
World’s tallest hotel apartment in Dubai Marina by 2013
The 432-metre high, Marina 101, in Dubai Marina, billed as the world's tallest serviced hotel apartment building, will be completed...
Saudi building loans surge 34% to $19.3 billion
Loan growth to private businesses in Saudi Arabia reached 15 percent in September, the most in more than three years,...
Rise of the Dubai theme parks
The five new theme-parks in Jebel Ali, the latest in a series of mega projects announced in Dubai this week,...
Residential housing prices to increase by 20% in Jordan
Jordan's Housing Investors Society (HIS) has warned prices of residential property are expected to surge by 15 to 20% next...
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