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Issue No 304 - 23 March 2009
Property crisis less severe than reported
Many expatriates in the region believe that the property crisis is less severe than generally reported, according to a study by Zurich International Life (Zurich). more
Tiger Woods Dubai signs new infrastructure deal
The Tiger Woods Dubai, a member of Tatweer Dubai, has announced the signing of a new agreement with UAE–based Al Nasr Contracting Company for infrastructure works at the 55 million sq ft development. more
JP Morgan to advice on Qatar property merger
Qatar Real Estate Investment Co (Alaqaria) said on Sunday it had appointed JP Morgan as the financial adviser for its proposed merger with Barwa Real Estate Co. more
UAE retail real estate to grow 12pc
Retail real estate sales in the UAE are likely to grow around 12 per cent annually from last year to 2011, according to a report.more
Emaar to develop Jordan Dead Sea resort
Emaar International Jordan, the country subsidiary of Emaar Properties, is bringing in a new leisure property dynamic to the Dead Sea region with the launch of its Samarah Dead Sea Resort. more
Egypt's Sodic net profit plunges
Egypt's Sixth of October Development and Investment (Sodic) consolidated net profit plunged over 90 percent to 26.8 million Egyptian pounds ($4.8 million) in 2008, the company said.more
Durrat Marina showcases projects at Cannes
Bahrain's Durrat Marina took part in the world's premier real estate summit (MIPIM) in Cannes, France. more


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