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Real estate
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GCC economies’ robust growth to fuel global real estate investment in 2023: Report
As economies in the Gulf Cooperation Council (GCC) continue to grow throughout 2023, regional investors’ appetite for global real estate investment is ... Economy -
Dubai records huge short-term rental boom in months leading up to Qatar World Cup
Dubai has observed a 22 percent increase in short-term rental occupancy in the months leading up to the FIFA World Cup tournament, a real estate ... Property -
Saudi Arabia’s Dar Al Arkan, Trump sign deal to build $4 bln Oman real estate project
Saudi Arabia’s Dar Al Arkan real estate company has signed a deal with the Trump Organization to develop a signature Trump Resort worth $4 billion in ... Gulf -
Prime office space in Saudi Arabia's Riyadh is now 98 pct occupied: Report
Occupancy levels for prime office space in Saudi Arabia’s capital city Riyadh have reached 98 percent, according to real estate consultancy Knight ... Property -
Saudi PIF sets up company to develop online land registry
Saudi Arabia’s Public Investment Fund has set up a company to develop an online land registry in the Kingdom.For the latest headlines, follow our ... Gulf -
Saudi real estate and infrastructure projects topped $1.1 trillion since 2016
The total value of Saudi Arabia’s real estate and infrastructure projects has exceeded $1.1 trillion since the launch of Vision 2030 reforms in 2016, ... Property -
Dubai to have 10,000 new villas, townhouses in two years: Real estate developer
Dubai will have at least 10,000 new villas and townhouses over the next two years, according to a real estate firm, as demand surges for new property ... Gulf -
Dubai’s most expensive mega mansion sells for $76 million
A mansion believed to be Dubai’s most expensive property was sold for $76 million (280 million dirhams), the real estate agency behind the sale said ... Gulf -
Record number of Saudis enter property market as home sales reach pre-pandemic levels
A record number of Saudi Arabian nationals are buying houses in the Kingdom, according to a report from property consultant Knight Frank.For the ... Gulf -
DAMAC founder delays bid to go private pending regulator’s review
The founder of DAMAC Properties has postponed efforts to take the firm private after the securities regulator of the United Arab Emirates launched a ... Economy -
Dubai shares gain most in Gulf as real estate rallies
Dubai’s benchmark stock index advanced the most among Gulf peers as real estate shares extended gains.The Dubai Financial Market General Index rose as ... Economy -
Dubai ruler dissolves tribunal for settling disputes with home lenders
Dubai’s ruler dissolved by decree a special tribunal formed after the global financial crisis over a decade ago to settle disputes related to real ... Gulf -
Dubai luxury home market soars as world’s rich flee pandemic
After nearly three decades in London, Christophe Reech was fed up with the city’s pandemic lockdowns. This spring, he sold his luxury townhouse and ... Gulf -
Hong Kong residents snap up UK homes, becoming landlords amid wave of emigration
Hong Kong residents are buying more houses and apartments to lease out for income in Britain, property agents say, a trend that coincides with what ... Financial Markets -
UAE real estate market ‘remarkably resilient’ despite pandemic recession
The United Arab Emirates’ real estate market has proved “remarkably resilient” throughout the pandemic despite an estimated 7.7 percent contraction in ... Financial Markets
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