Tuesday, August 21, 2018

Property

Saudi: Property Market is one of the World’s Worst Performing

Knight Frank names Saudi real estate market as one of the world's worst performing over the past year Knight Frank's Global House Price Index for...

Is Bahrain ensuring a sustainable economic growth?

Bahrain is experiencing a turnaround in various unconventional industries, other than the newly discovered oil and gas reserves, including aviation, agriculture and real estate. Real...

Dubai: Municipality fees at hotels, restaurants slashed

Dubai has announced plans to reduce the municipality fee on sales at restaurants and hotels. The municipality fee will be cut to 7% from...

Bahrain is going big on real estate

With overall economic growth hovering around 3 percent in 2017, Bahrain registered the most vigorous growth among all Gulf Cooperation Council (GCC) nations. As...

Saudi housing crisis tests Crown Prince’s reform drive

  RIYADH, May 31 (Reuters) - Saudi Arabia's crown prince wants to build a mega-city with the latest robotics under his grand plan to reform...

UAE: New residency and ownership rules

The UAE’s surprise announcement that it will allow full foreign ownership in companies and grant long-term visas to select investors and professionals is set...

UAE: Expats excluded from VAT refunds on properties

The UAE's Federal Tax Authority (FTA) has announced procedures for VAT to be refunded on payments for new residences - but expats will not...

Dubai: Property prices and rents continue falling

Dubai real estate sales and rent prices continue to fall, according to a new report from consultants Core Savills. In its latest Dubai residential market...

Kuwait: Flats Vacant as Expats Leave; Rent Values Fall by 13%

There are currently 49,130 empty flats in Kuwait and 26,466 others under construction; thus more than 75,000 units need to be “absorbed” by the...

World’s most futuristic looking hotel – guests to sleep in 19-metre-high...

This is the space-age design for a new hotel that will see guests sleep inside luxury triangular pods that stand 19 metres high. Tetra Hotel...

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