Sunday 1 February 2015
 
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real estate

Cityscape unveils real estate news platform

Cityscape Magazine, the official publication of the top regional real estate event Cityscape Group, said it has launched the first real estate news platform in the Middle East, providing an exclusive source of real estate market analysis in all

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Bahrain braces for new real estate regulations

Early next month, the government of Bahrain is expected to introduce new obligatory tenancy registration procedures, which will aid in the maturing of the market, however the proposed rent increases at renewal threaten to obstruct the residentia

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Taylor Wessing backs Oqyana real estate project

International Law firm Taylor Wessing has announced its support for a major private floating island villas project that will come up on ‘The World Islands’ development in Dubai, UAE. The exclusive villas project is bei

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Nakheel 2014 net profit jumps 43pc; revenues plunge

Dubai developer Nakheel has reported a 43.2 per cent jump in full-year profit for 2014 to Dh3.86 billion ($1 billion), up from Dh2.57 billion ($700 million) last year, despite a substantial drop in revenue. Revenues declined in 20

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New CEO for Majid Al Futtaim shopping malls unit

Majid Al Futtaim, a shopping mall, retail and leisure industry leader across the Middle East and North Africa, has appointed Michael Cesarz as chief executive officer of its shopping malls business unit.   Ghaith Shocair, chie

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New CEO for Majid Al Futtaim shopping malls unit

Majid Al Futtaim, a shopping mall, retail and leisure industry leader across the Middle East and North Africa, has appointed Michael Cesarz as chief executive officer of its shopping malls business unit.   Ghaith Shocair, chie

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China posts slowest growth in 24 years

China's economy grew at its slowest pace in 24 years in 2014 as a cooling property market weighed on demand and is expected to lose more momentum this year, keeping pressure on policymakers to head off a sharper downturn. But

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UAE real estate company ups loan to $340m

UAE-based Al Hamra Real Estate Development said it has increased the value of a syndicated loan to Dh1.25 billion ($340.3 million) from Dh850 million ($231 million) previously. Al Hamra, based in the northern emirate of Ras Al Kha

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H Holding launches new UAE real estate unit

UAE-based hospitality firm H Holding Enterprise has officially launched its property arm, Omega Real Estate, a company that specialises in real-estate development, asset management and related services in the Middle East. Announci

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Saudi Arabia plans high-profile projects worth $1.1trn

Infrastructure investments worth $1.1 trillion are envisaged on a range of high-profile projects in Saudi Arabia, a report said. These include the Riyadh and Makkah metros, worth $23 billion and $7 billion, respectively, the King

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