Thursday 23 October 2014
 
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Housing

GCC housing shortage to top 1m units by 2018

The young demographic structure of the GCC region is creating a surge in demand for housing that could lead to a shortage in excess of one million units by 2018, a report said. With the GCC region set to face a massive shortage of

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Dubai housing body deploys Xerox solutions

Mohammed Bin Rashid Housing Establishment (MRHE), the governmental body that provides housing services to the citizens of Dubai, UAE, has implemented the Managed Print Services (MPS) tools from Xerox Emirates, a market leader in technology, docu

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Economic stability boosts Bahrain's housing market

Bahrain’s current economic stability has begun to impact on residential rents, by stabilising rates and encouraging tenants to turn their attention to higher quality schemes, according to the latest report from leading international real e

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Dubai housing costs soar to record peaks

An economic rebound has catapulted house prices and rents in Dubai to Manhattan-like peaks, forcing increasing numbers of residents to move to its cheaper outskirts or even to consider returning home abroad, said the city's top property webs

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Bahrain to hand over 210 new homes

The Bahrain government is all set to hand over residential unit contracts to 210 beneficiaries of the Zallaq Housing Project, said a report. The move is in line with His Majesty King Hamad's directives to speed up the distribu

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Stability, jobs spur Bahrain’s housing market

Even as increased stability and job creation are driving growth in Bahrain's residential real estate market, occupier activity levels in the office market remain low, said an industry expert. "Although confidence levels a

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600,000 Saudis eligible for housing aid

More than 600,000 Saudi Arabian families have been found eligible for housing aid under a new scheme designed to ease a shortage of homes which has depressed living standards and is politically sensitive for the government. Out of

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600,000 Saudis eligible for housing aid

More than 600,000 Saudi Arabian families have been found eligible for housing aid under a new scheme designed to ease a shortage of homes which has depressed living standards and is politically sensitive for the government. Out of

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GCC inflation rates up on higher housing prices

Inflation rates jumped across GCC states between 1.21 per cent and 3.1 per cent in the six months ending June this year, driven by higher housing and utility costs. The latest inflation figures issued by the Statistical Centre for

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GCC inflation rates up on higher housing prices

Inflation rates jumped across GCC states between 1.21 per cent and 3.1 per cent in the six months ending June this year, driven by higher housing and utility costs. The latest inflation figures issued by the Statistical Centre for

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