2008 News
October
Right Time to Invest!
Gulf Daily News
Wednesday, 29 October, 2008
BAHRAIN's leading international property exhibition - Property Arabia and the Worldwide Property Show - is being held at an ideal time for investment, a top official said yesterday.
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Armored Against Turmoil, Lebanon Lures Investors
The New York Times
Tuesday, 28 October, 2008
BEIRUT, Lebanon — As financial panic spreads across the globe, some investors are moving their money to an unlikely place: Lebanon.
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New Amwaj Plan Making Waves...
Gulf Daily News
Monday, 27 October, 2008
A MAJOR $396 million (BD149.6m) real estate project, believed to be one of the biggest of its kind in Bahrain, will be built within Amwaj Islands, it was announced yesterday. Amwaj Waves, which will be ready by late 2011, will offer 1,106 freehold apartments with luxurious recreational facilities spread over 287,083sqm.
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Bahrain- Projects Worth $50b Showcased in BIPEX 2008
MENAFN.com
Sunday, 26 October, 2008
(MENAFN - Bahrain Tribune) The Bahrain International Property Exhibition (BIPEX 2008), which attracted over $50 billion worth of realty projects from across the world, concluded yesterday.
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Real Estate Forum Begins
Gulf Daily News
Sunday, 26 October, 2008
MANAMA: Bahrain Chamber of Commerce and Industry's (BCCI) real estate sector committee chairman Hassan Kamal will take part in the First Arab Real Estate and Urban Development Conference, which starts today in Abu Dhabi.
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Banks Face Clamp on Property Loans
Gulf Daily News
Friday, 24 October, 2008
MANAMA: Banks in Bahrain have been told to restrict lending on real estate to 30 per cent of their total lending book by the Central Bank of Bahrain (CBB).And the CBB is also imposing the amount financial institutions can lend on specific properties in a directive to all local banks.
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First Annual Gulf Real Estate Fundamentals Conference 2008
Automatedbuildings.com
Thursday, 23 October, 2008
The First Annual Gulf Real Estate Fundamentals Conference 2008 - the only dedicated Conference focused on meeting the specialized Real Estate needs of a fast growing economy – is excited to announce Reef, Real Estate Finance Company will be their key sponsor.
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Innovative Solutions for Real Estate and Builders in the Middle East
AlBawaba.com
Thursday, 23 October, 2008
Working to provide consumers, builders, developers and real estate companies with the most compelling Real Estate CRM solution, Aareas Interactive and SDC, a sister company of Hyperlink, have announced a strategic alliance to deliver an integrated solution with Oracle e-Business suite of products and Aareas e-Business solutions for the builder, developer and real estate market in the Middle East.
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Tunisia's Busier Than Ever
Themovechannel.com
Wednesday, 22 October, 2008
Year round golf, boutique hotels, 1,100 kilometres of Mediterranean coastline with pristine beaches are just some of the factors behind Tunisia's increase in tourism revenue of 11 per cent so far this year...
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RPT-FEATURE-Gulf Arab Islamic Banks Eye Slowing Real Estate
Reuters.com
Friday, 17 October, 2008
MANAMA, Oct 17 (Reuters) - With their ban on interest, the Gulf Islamic banks that managed to avoid the types of debt which proved toxic for their conventional counterparts are now praying the global crisis will bypass their property holdings.
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Showcasing real estate
Gulf Weekly - Wednesday, 15 October, 2008
The confident Bahrain Society of Engineers believes the fifth edition of the Bahrain International Property Exhibition (Bipex) 2008 will surpass last year's success following the "overwhelming" response it has received from exhibitors.
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Real Estate Shares Lead Resurgence of Gulf Markets
Thaindian News
Monday, 13 October, 2008
Dubai, Oct 13 (IANS) After a week of mayhem triggered by the global financial crisis and punctuated only by a brief respite last Thursday, major Gulf markets, led by real estate shares, posted gains Monday.Except for the Kuwaiti bourse, which ended 0.26 percent in the red, all other stock markets of the region climbed in Monday’s trading, with the key Dubai Financial Market (DFM) posting the highest gain.
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ADIH to set up $1b project at Style City i Morocco
MENAFN.com
Sunday, 12 October, 2008
(MENAFN - Bahrain Tribune) Abu Dhabi Investment House (ADIH) announced the commencement of infrastructural work of the last phase for its $7 billion project called Porta Moda Marrakesh in Morocco. The project's total cost is approximately $1 billion and will be developed on a total area of more than 306,000 square metres.
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Indians Advised to be Wary of Ghost Real Estate Companies
Khaleej Times
Sunday, 12 October, 2008
MANAMA — The Indian government warned on Saturday its citizens in Bahrain to think carefully while investing in property sector to avoid being cheated by ghost property companies back home.
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Middle East Banks Starting to Limit Lending to Real Estate Sector
Propertywire.com
Thursday, 9 October, 2008
Banks in the Middle East are facing lending difficulties over their exposure to the real estate sector, experts are warning.
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Middle East Real Estate Market ‘Will Prevail’
Offplanpropertyexchange.com
Thursday, 9 October, 2008
The Middle East real estate market could outperform all other regions over the next two years, a survey has suggested.
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Mideast Real Estate Wages Increase By 14.2pc
Gulf Daily News
Tuesday, 7 October, 2008
SALARIES in Bahrain's real estate and property sector have seen a double figure increase this year, a survey has revealed. The second Middle East Salary Survey conducted by Macdonald & Company reported a combined increase of 14.2 per cent for the two sectors.
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Bahrain’s First Beachfront Real Estate Development Displayed at Cityscape Dubai
Gowealthy.com
Monday, 6 October, 2008
Marina West, Bahrain's first gated beachfront high-rise residential and lifestyle community, located in tranquil and idyllic surroundings on the West coast, is present at Cityscape Dubai, the largest real estate investment and development event in the region.
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The GCC Real Estate Fund will be Announcing the Return of Capital
MENAFN.com
Sunday, 5 October, 2008
(MENAFN Press) Global Investment House "Global" announced today that the GCC real Estate Fund (the "Fund") is intending to return approximately 60 percent of the Fund's capital by mid-October of this year from its three projects.
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