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2007 News

May

Gulf economies face real estate risk
Gulf Arab economies would be at risk should regional real estate markets crash as investors and banks continued to inject petrodollars into booming property projects, National Bank of Kuwait (NBK) said on Wednesday.
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First Qatar, RCI sign affiliation deal
Doha-based First Qatar Real Estate Development Co, a leading real estate company in the Middle East, has signed an affiliation deal with Arabian Breaks, the short-term vacation rental division of RCI Global Vacation Network Group, The Peninsula reported.
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Dubai drives Gulf bourses higher
Dubai shares led six out of seven Gulf markets higher yesterday, paced by gains in Emaar Properties, the Middle East’s largest real-estate company by market value.
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Leading real estate consultancy provides world-class training for agents
Landmark Properties, one of the United Arab Emirates leading real estate consultants, has teamed up with internationally renowned Mr. Dirk Zeller, author and real estate expert, to provide its property consultants with world class training and customized teaching.
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Emaar International Jordan unveils model of mixed-use real estate project
Emaar Properties PJSC, Dubai-based largest real estate firm in the world, together with the Dead Sea Touristic and Real Estate Investment Company and several regional investors, has launched Dh1.84 billion mixed-use development
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ALDAR exhibits at the largest gathering of real estate and retail professionals in the world
ALDAR Properties PJSC, the leading and fully integrated developer, will be exhibiting at the forthcoming International Council of Shopping Centers (ICSC) Spring Convention 2007 in Las Vegas.
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Real estate event, Cityscape Abu Dhabi, concludes on a successful note
Cityscape Abu Dhabi, the real estate development and investment event, came to an end on Thursday, May 10, 2007
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Al Basel Real Estate Broker commences operations in UAE
Al Basel Real Estate Broker, a leading property sales intermediary, has recently introduced a portfolio of innovative brokerage services in a move predicted to encourage higher quality standards of residential and commercial property transactions.
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Cityscape Abu Dhabi honors real estate excellence
Cityscape Abu Dhabi presented the eagerly anticipated Cityscape Real Estate Awards last night during a glittering gala dinner at the Emirates Palace Hotel in Abu Dhabi.
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Etisalat sponsors Cityscape Real Estate Awards, Abu Dhabi
Etisalat again demonstrated its commitment to the UAE and real estate sector by sponsoring the Cityscape Real Estate Awards.
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ABN AMRO launches family of Exchange-Traded Real Estate Index Trackers in the Middle East
ABN AMRO, a leading international provider of investment products for private investors, announces the Middle East launch of its family of Exchange Traded Real Estate Index Trackers.
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Cityscape Abu Dhabi opens tomorrow at the Abu Dhabi National Exhibition Centre
The inaugural Cityscape Abu Dhabi opens Tuesday, May 08, 2007 in the UAE's Capital City. The event will run from May 08 - 10 at the state-of-the-art Abu Dhabi National Exhibition Centre (ADNEC).
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Manazel eyes MENA real estate market with $11 billion projects
Abu Dhabi-based Manazel Real Estate yesterday hinted at its plans to develop $11 billion projects in the next five years in Saudi Arabia, Qatar, Kuwait, Tunisia, Jordan, Egypt and Morocco.
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SNASCO studying options to strengthen its presence across the wider Middle East
The Sharjah Investment Center (SIC), a mega project underdevelopment by SNASCO, has generated much interest from potential investors at the 10th Al Riyadh Exhibition for Real Estate & Architectural Development, which is currently taking place in the Kingdom's capital, from April 29 to May 4.
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UAE’s Manazel to invest $11 bln in mid-price housing
Abu Dhabi-based private property developer Manazel Real Estate said on Wednesday it plans to invest more than $11 billion in the Middle East and North Africa to tap growing demand for mid-range housing.
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PropertyLink 07 opens Wednesday - Jordan
Starting tomorrow under the Patronage of His Majesty King Abdullah., the second PropertyLink and PropertyLink Conference will highlight tens of development projects by 54 participating companies.
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