Tuesday, November 13, 2018

Property

Saudi: Expat decline causes hardest hit on construction sector

Saudi Arabia's construction sector was hardest hit by an outflow of expat workers during the first three months of 2018, according to new research.According...

UAE: 28 men sentenced to a total of 283 years for...

The Abu Dhabi Criminal Court of First Instance has convicted and sentenced 28 men to a combined total prison term of 283 years for...

Saudi real estate market hit hard by mass departure of expats

The exodus of expatriate workers from Saudi Arabia has negatively affected the country’s real estate sector with a considerable fall in rent prices.Many property...

Saudi: Mega tourism project to boost heritage & culture

Saudi Arabia has started work on its mega heritage tourism project Souq Okaz City in Taif, expected to eventually cost more than $2bn.It will...

The Downfall of Dubai’s Star Investor

Pakistani financier Arif Naqvi shared a stage with Bill Gates at the World Economic Forum in Davos, Switzerland, in January for a panel on...

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 yearKnight 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...
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