2011 News
December
'GCC Job Seekers Prefer Kuwait the Most'
MENAFN - Arab Times
December 20, 2011
The State of Kuwait is the most-favored destination for citizens of the Gulf Cooperation Council (GCC) member states seeking jobs while the Kuwaitis lead the real property owners in the region, a report showed.
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Kuwait Property Sales Up by KD 60 Mln
Kuwait News Agency
December 14, 2011
Sales activity in the real estate sector went up by KD 60 million in October, a 43.8 percent year-on-year increase over September, showed a report by the National Bank of Kuwait (NBK) here Monday. This signals a continued uptick of activity in the real estate sector after its summer period decline, it said.
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Saudi Arabia to be Among World's Top 10 Real Estate Markets
Saudi Arabia to be Among World's Top 10 Real Estate Markets
ARAB NEWS
December 14, 2011
Saudi Arabia is forecast to become one of the best performing real estate markets in the world in 2012, according to the Middle East's largest private developer DAMAC Properties.
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Middle East Race to Build Affordable Homes
The National
December 14, 2011
Builders in the Middle East are shelving luxury housing projects and racing to develop affordable homes, the industry's hottest growth sector.
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Critical Housing Shortage Across the Middle East and North Africa
The National
December 14, 2011
The need for affordable housing across the region, but some countries are facing critical shortages:
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Saudi Arabia: Kingdom's Retail Sector Continues to Attract Global Brands
ARAB NEWS
December 14, 2011
Jones Lang LaSalle, the world's leading real estate investment and advisory firm, Saturday published a special report titled "Saudi Arabian Retail Landscape - Undoubted Opportunities: Unique Challenges".
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GCC: High Land Prices Crimp Plans for Low-Cost Homes
ARAB NEWS
December 14, 2011
The GCC’s rising land prices are hurting government drives to tackle chronic affordable housing shortfalls and deterring developers from building low-cost homes, real estate analysts said.
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Saudi Arabia: Real Estate Iinvestments to Cross SR82bn
ARAB NEWS
December 14, 2011
Prince Naif bin Salman inaugurates the Riyadh International Urban Development and Real Estate Investment Event at the Riyadh Exhibition Center.
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Oman: 2,000 Low-Cost Homes Built from RO40mn Ministry Grant in 2011
December 14, 2011
Muscat Daily
Around 2,000 low-cost houses were built in 2011 from the RO40mn that was allocated by the Ministry of Housing for low-cost homes, according to H E Eng Salih bin Mohammed al Farsi, Undersecretary, Ministry of Housing.
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Oman: Real Estate Regulatory
Oman Daily Observer
December 14, 2011
Khalil bin Abdullah al Konji, Chairman of Oman Chamber of Commerce and Industry (OCCI), met here yesterday with owners of real estate companies in the Sultanate. The meeting discussed a proposal to establish an authority for regulating the real estate sector in the country.
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Investing in the Arab Spring: Egypt
December 1, 2011
Financial News
The elation of the Egyptian revolution in Tahrir Square has faded since the start of the year – with faith in the military-led transitional government shaken by the mishandling of protests
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Egypt Has Most Billionaires in Africa: Forbes Report
Inaugural list of Africa's 40 richest people features 7 Egyptians, the majority of them members of the Sawiris and Mansour families, Al Ahram December 1, 2011
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