Wednesday 18 July 2018
 
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real estate

Al-Raya opens new branch in Saudi Arabia

Kuwait-based Al-Raya United Company for Real Estate Development recently opened a branch in Madinah, Saudi Arabia. CEO Jassim Al Fajji said that the expansion in the kingdom comes within Al-Raya’s strategic plans as well as

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Dubai's H1 real estate brokerage commissions hit $155m

Dubai's real estate brokerage commissions surged to hit Dh571 million ($155 million) during the first half of 2018, with a total of 5,181 active brokers, representing 2,113 offices, contributing to the sustainable growth achieved by the sect

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Mulkia announces $2.7m dividends for REIT investors

Saudi-based Mulkia Investment Company has announced distribution of dividends worth SR10.2 million ($2.7 million) to the shareholders of its real estate investment trust (REIT) fund, Mulkia Gulf Real Estate REIT, for the second quarter.

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Signature Developers targets prime properties

Signature Developers, a pioneering developer of luxury properties in Dubai, UAE said it is committed to realising more real estate aimed at ultra-high net worth individuals. With an increasing number of multi-millionaires looking

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Côte d’Ivoire ropes in Egyptian developer as key partner

In a major move, leading Egyptian real estate developer Tamer El Khouly has been signed up by the west African nation of Côte d'Ivoire as its strategic partner to help boost investment opportunities in real estate and infrastructure fi

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UAE stimulus bid 'to help boost real estate sector'

With real estate prices on the decline for the last three years mainly due to oversupply from the off-plan market, and not enough demand to meet handovers, the UAE government is taking several steps to boost the market, said an expert.

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Dubai Land Department unveils virtual realty platform

As part of its contribution to the Dubai 10X initiative, Dubai Land Department (DLD) has launched a new platform for conducting real estate trading and transactions with multiple parties, anywhere and anytime. The Real Estate Self

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Dubai tops global real estate with 8pc rental returns

Dubai currently leads the global real estate sector in terms of investment locations among the major cities, with returns averaging 7-8 per cent per annum, compared to the best performing cities in the world, according to a report by Private Fin

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Alargan plans $198m real estate projects in Morocco

Kuwait-based Alargan International Real Estate Company has announced plans to develop commercial and residential projects worth KD60 million ($199 million) in the Moroccan real estate market. These projects will come up on a 10,00

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CBRE announces key Mideast appointments

CBRE, a global real estate consulting firm, has announced four key appointments in the strategic advisory and valuations service line at its Dubai office. As a leading provider of full-range real estate services to an array of bus

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