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Al Saraya Properies inks deal with Al BarakaAl Saraya Properties, a leading real estate brand in Bahrain, has signed an agreement with Al Baraka Bank to provide its customers a number of unique benefits including credit card facility with mortgage, a grace period of up to three months and More… |
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Al Saraya Properies inks deal with Al BarakaAl Saraya Properties, a leading real estate brand in Bahrain, has signed an agreement with Al Baraka Bank to provide its customers a number of unique benefits including credit card facility with mortgage, a grace period of up to three months and More… |
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Saudi Arabia in bid to boost lending for homesSaudi Arabia’s first mortgage-refinancing firm has started approaching banks to buy their mortgage portfolios as the state tries to boost lending for homes, according to a report. The state-run company, created to develop a More… |
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Damac's mortgage unit provides $163m fundingDamac Properties, a leading luxury real estate developer in the region, said its in-house mortgage department has so far facilitated home financing worth Dh600 million ($163 million) for hundreds of units across the UAE. It is the only More… |
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UAE consumers 'keen to buy property'The majority of the consumers in the UAE seem to agree with the current real estate market sentiment that now is the best time to buy property in the emirates, according to statistics from compareit4me.com, the Middle East’s leading financ More… |
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Goldman Sachs to pay $5bn in mortgage pactGoldman Sachs Group has agreed to pay $5.06 billion to settle claims that it misled mortgage bond investors during the financial crisis, the US Department of Justice said on Monday. The settlement, which Goldman disclosed in Janua More… |
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Saudi residential rents on the rise in Q3The residential market in Saudi Arabia continued to witness growth in the rental sector, while the sales market experienced a slowdown, attributable to the stricter mortgage regulations and lack of affordability, said a report. Ac More… |
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Oman property deals' value tops $5.7bn in H1The value of the real estate transactions registered in the first six months of the year in Oman reached RO2.23 billion ($5.7 billion), reflecting a 45.9 per cent rise compared to figures of H1 2014, a report said. The collected f More… |
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Dubai land transactions hit $35bn in H1Dubai Land Department (DLD) recorded a total of 23,000 property transactions valued at Dh129 billion ($35 billion) in the UAE emirate during the first half (H1) of the year, said a report. According to the report issued by Real Es More… |
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BBK promotes mortgage loans offering at showBank of Bahrain and Kuwait (BBK) is promoting its mortgage loans offering at the Gulf Property Show, which opened in Bahrain today (May 12). BBK chief executive Abdulkarim Bucheery said the exhibition is an ideal platform for the More… |
