Dubai Prices Have Bottomed Out -JLL MENA

• Wednesday, 23rd November 2016
• by Karim Mohy

Prices in Dubai's residential property market have largely bottomed out, according to JLL MENA's Head of Research, Craig Plumb.

Investcorp Furthers US Expansion

• Wednesday, 23rd November 2016
• by Karim Mohy

Bahrain-based Investcorp on Wednesday announced the acquisition of real estate properties worth around $250 mn in the United States.

Swiss International Announces Two New Hotels in Riyadh

• Tuesday, 22nd November 2016
• by Karim Mohy

Swiss International announced the arrival of its first two hotels in Riyadh, adding to its already four hotels in the kingdom.

Qatar Office Rents to Continue Decline -Report

• Tuesday, 22nd November 2016
• by Karim Mohy

Office rents in Qatar are bound to continue their decline for the next three years due to oversupply, according to a study by Doha-based Al Asmakh Real Estate.

Bahrain’s Eskan Bank Opens Public REIT Offering

• Tuesday, 22nd November 2016
• by Karim Mohy

Eskan Bank on Monday opened the Initial Public Offering for its Eskan Bank Realty Income Trust (REIT).

Dubai Construction Payment Delays Becoming Problematic -Report

• Tuesday, 22nd November 2016
• by Karim Mohy

The construction sector in Dubai is facing increasing problems with payment delays which reach six months as a norm.

Trump a ‘strong brand’ -Damac Chairman

• Tuesday, 22nd November 2016
• by Karim Mohy

Damac Properties Chairman, Hussain Sajwani, spoke about US President-Elect Donald Trump's positive impact on sales and his status as a strong brand.

Big 5 Construction Show Kicks Off in Dubai

• Monday, 21st November 2016
• by Karim Mohy

The Big 5 show opened on Monday in Dubai and is expected to attract 75,000 visitors and participants.

DLD Signs Agreement with Russian Consultancy

• Monday, 21st November 2016
• by Karim Mohy

State run Dubai Land Department (DLD) announced on Monday it had signed an agreement with RusBiz in an effort to attract more Russian investors.

Saudi Contractor MMG Discloses Concerns About Company’s Future

• Monday, 21st November 2016
• by Karim Mohy

Saudi construction company Mohammad Al Mojil Group (MMG) released a statement on Sunday, concerning a letter to the Deputy Crown Prince Mohammed bin Salman (MbS), citing “Doubts over the company's ability to continue.”