2008 News
March
Bahrain Grand Prix Ticket To Real Estate Success
nubricks.com
March 31, 2008
While sports tourism has long been recognized, with Ashes trips and Rugby World Cup tours major sporting draws, there can be few events where sports tourism has been achieved with greater success than the Bahrain Grand Prix which has morphed into the largest sporting event and social gathering in the Gulf, since it burst onto the F1 circuit back in 2004.
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Property Show Reflects Real Estate and Architectural Boom in Kuwait
Kuwait Times
March 31, 2008
KUWAIT: The Kuwait International Property Show will take place at the Kuwait International Fair Ground in Mishref from April 14 to 18. The exhibition is organized by the Kuwait International Fair KSC Closed and the Top Expo Group.
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Gulf Realty Firms Expect Strong Growth in ’08
Gulf Times
March 30, 2008
DUBAI: Gulf-based real estate companies, whose combined profits rose by more than 20% last year, are expected to continue their strong growth in 2008, remaining largely immune to the global economic slowdown and buoyed by favourable market conditions and foreign investment, analysts say.
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Kuwait Wins Top Architectural Project Award
AME Info
March 30, 2008
Kuwait received the top award for best architecture for its iconic Fahaheel waterfront (Al-Kout) project, developed by Tamdeen Real Estate Company.
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Morocco Seeks Spanish Investment In Tangier Province
BusinessIntelligence
March 30, 2008
MOROCCO. The Moroccan government invited Spanish entrepreneurs to invest in 184 new real estate projects in Tangier province at a meeting in Madrid last week, Ansa reported.
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Morocco To Build 130K Low-Cost Housing Units
Maghreb Arabe Presse
March 30, 2008
Rabat, Mar. 30 - Morocco is set to build 130,000 low-cost housing units in the coming four years both in urban and, for the first time, in rural areas across the north African country for a total budget of MAD 15.5Bn (USD 2.13Bn).
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Europe's Commercial Real Estate Growth Eclipsed By Gulf
ArabianBusiness.Com
March 30, 2008
The supply pipeline for commercial real estate may go some way in satisfying demand, but the outlook in the Gulf region continues to look good in spite of inflationary pressure, according to global consultants, CB Richard Ellis.
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US Realty Investors Eye Gulf Amid Subprime, Credit Blues
Gulf Times
March 27, 2008
NEW YORK: US investors, once reluctant to put their money into the Arabian Gulf, are being drawn to the region as their domestic market slows.
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GCC spend on garden and landscaping to reach Dhs60.5bn in five years
AME Info
April 21, 2008
The dramatic growth in leasehold and freehold properties in Dubai has resulted in increased demand for outdoor furniture, landscaping goods and equipment according to Epoc Messe Frankfurt GmbH, organizers of Garden and Landscaping Middle East.
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UAE, Qatar most-mortgaged markets in GCC
ArabianBusiness.Com
April 17, 2008
Investors who purchase property in the UAE and Qatar take out the highest mortgages of all GCC countries, according to results of the ArabianBusiness.com Property Survey 2008.
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