Friday 1 August 2014
 
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Housing

ME/Africa housing demand to reach 13m units by 2018

New dwelling demand in the Africa/ Middle East region is expected to reach 13 million units in 2018 with an annual growth of 3.7 percent, according to a report. The Freedonia research report, World Housing, said the demand will be

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Saudi state fund plans housing firms

Saudi Arabia's Public Investment Fund (PIF) aims to establish companies in areas including housing, petrochemicals and technology as it expands its investments locally and overseas, Finance Minister Ibrahim Al-Assaf said. His

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Saudi state investment fund to set up new firms

Saudi Arabia's Public Investment Fund (PIF) aims to establish companies in areas including housing, petrochemicals and technology as it expands its investments locally and overseas, Finance Minister Ibrahim Al-Assaf said. His

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179 houses construction to start in Bahrain

Bahrain's Prime Minister has directed officials to start building 179 housing units in Arad, which is part of the second phase of a project in which 140 units have already been completed.   He also issued dir

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Egypt-Saudi company to invest $245m in housing units

A housing development company owned by Egypt and Saudi Arabia said it was increasing its capital by $245 million, a four-fold rise, to build houses in Egypt, in a further sign of support for the country from its key Gulf ally. Egy

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Bahrain invites bids for phase II of Northern Town

Bahrain’s Ministry of Housing has invited pre-qualification bids from contractors and design and supervision consultants for the second phase development of the new Northern Town – Al Madina Al Shamliya.  

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Sama moves to curb rise in housing rents

The Saudi Arabian Monetary Agency (Sama) is set to issue real estate financing licenses to some banks and other financing institutions, in a move to curb the spiralling housing rent in the kingdom, said a report.  

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Sama moves to curb rise in housing rents

The Saudi Arabian Monetary Agency (Sama) is set to issue real estate financing licenses to some banks and other financing institutions, in a move to curb the spiralling housing rent in the kingdom, said a report.  

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Major housing project to be launched in Bahrain

A major housing project in partnership with the private sector is to be announced soon in Bahrain.   It is part of a mega project including the construction of four new cities at a time to fulfill housing needs a

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IMF wants Britain to act on housing bubble risk

The International Monetary Fund (IMF) urged Britain to cool its housing market by reining in risky mortgages, the strongest warning yet from an international organisation about the risk of a property price bubble. So far there hav

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