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2008 News

November

Value of Gulf Projects Still Rising
Gulfnews.com
Monaday, 24 November, 2008

Dubai: There are more than 250 major civil construction projects up for grabs at this year's Big 5, worth a combined value of around $120 billion (Dh441.36 billion), information shows.
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North African Property Markets Slowing Dramatically
Propertywire.com
Saturday, 22 November 2008

Emerging property markets in North Africa are experiencing a slowdown with some of the tourism based developments having a troubled time.
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Bahrain 'Can Dodge Real Estate Market Slowdown'
Gulf Daily News
Thursday, 20 November, 2008

MANAMA: The Middle East real estate market will dodge the dramatic slowdown in house prices seen in the West and Bahrain will avoid the correction more than any other country in the Gulf. That is the view of Sakana Holistics Solutions chief executive officer R Lakshmanan.
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Positive International Property Market Predictions For 2009
Easier.com
Tuesday, 18 November, 2008

The financial landscape in 2008 has been dominated by dramatic declines on stock markets and currency crashes; this has resulted in instability in many nations' economies as the very fundamentals upon which stable economic practices are built have been undermined.
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Salameh Advises Caution To Fend Off Worldwide Recession
Dailystar.com
Wednesday, 12 November, 2008

BEIRUT: Banque du Liban Governor Riad Salameh said on Monday that Lebanon should be extra-cautious in the near future because the world will experience a deep recession.
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Sakana Signs Key Property Expo Accord
Gulf Daily News
Wednesday, 12 November, 2008

MANAMA: Sakana Holistic Housing Solutions has confirmed its silver sponsorship of a real estate conference.
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Grand Luxury Development
gulfweeklyworldwide.com
Wednesday, 12 November, 2008

CAPIVEST, one of the region's emerging Islamic investment institutions, has launched 'Saar Central', a brand new modern and luxurious villa community for Bahrain.
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Bahrain Property Sector is Booming Says Capivest
Gulf Daily News
Sunday, 9 November, 2008

MANAMA: Bahrain's real estate is a growth market, even in this time of global financial turmoil, says a leading Islamic investment institution.
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Middle East Real Estate Company Invests in First Ever Palestine Development
Propertywire.com
Saturday, 8 November, 2008

Palestine might not seem an obvious choice for property investment but a £158 million commercial and residential project for Ramallah has been announced.
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Bahrain- RealCapita Launches Real Estate Monitor
MENAFN.com
Sunday, 2 November, 2008

(MENAFN - Bahrain Tribune) RealCapita, a real-estate investment firm based in the Kingdom, launched RealOutlook to coincide with Property Arabia, the global property exhibition at Bahrain International Exhibition and Convention Centre.
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Middle East Moving into Top Gear
istockanalyst.com
Saturday, 1 November, 2008

INVESTOR sentiment is suggesting that in the next one to two years, the United Arab Emirates (UAE) will have the world's "best performing" real estate market and Saudi Arabia the "next best".
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The Abdali New Downtown Awarded “Best Real Estate Project” at the Brabian Business Achievment Award 2008
AlBawaba.com
Sunday, 2 November, 2008

In a ceremony organized by ITP Group and held at the Four Seasons Hotel in Amman, the Abdali New Downtown project was granted the award for “Best Real Estate Project”. The Arabian Business Achievement award 2008 was held this year in Amman under the patronage of H.E. Nader Al Dahabi, Prime Minister of the Hashemite Kingdom of Jordan and in the presence of local and regional business leaders, government officials and key reporters.
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