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Sun, 08 Nov 2009 | 06:06 GMT
 
Top Real Estate News

  • Burooj Confirms Plans to Develop Projects for Middle Income Group


    Burooj Properties, the real estate arm of Abu Dhabi Islamic Bank, or ADIB, and the developer behind multiple realty projects in the UAE and Middle East, held its annual strategic planning workshop, focusing on the company's previous achievements and future plans in light of the current market conditions. Khaleej Times - 08Nov 05:42GMT
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  • Kuwaiti-Syrian al-Jaz Group: Huge Housing Investments in Eastern Region


    The investments undertaken by the Kuwaiti-Syrian al-Jaz investment group in the eastern city of Deir Ezzor have so far exceeded 4 billion S.P., said Director General of the Industrial City of Deir Ezzor Kaser Outhman. SANA (Syria Arab News Agency) - 08Nov 05:29GMT
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  • Putting Dubai's housing in order


    More than 5,000 new housing units will be added to Dubai's property market in the next few months by Wasl — the asset management arm of Dubai Real Estate Corporation (Drec), a top official said. Gulf News - 08Nov 05:12GMT
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  • Off-Plan Realty In Dubai To Recover By 2011


    A possible recovery of the off-plan market in Dubai may begin only from 2011, provided developers now build quality products and fulfil their commitments, real estate executives said. Emirates Business 24/7 - 08Nov 04:30GMT
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  • Burooj confirms plans to develop middle income projects during annual strategic planning workshop


    Burooj Properties, the real estate arm of Abu Dhabi Islamic Bank (ADIB) and the developer behind multiple realty projects in the UAE and Middle East, held its annual strategic planning workshop, focusing on the company's previous achievements and future plans in light of the current market conditions. Press Release - 07Nov 09:43GMT
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  • Al Fara'a Delivers Dh225M Project At Jumeirah Village


    Al Fara'a Properties, a member of the Al Fara'a Group, has delivered the Dh225 million Le Grand Chateau (LGC) project at the Jumeirah Village. Gulf News - 06Nov 05:47GMT
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  • UAE Sets Committee To Settle Bounced RE Cheques


    Vice President and Prime Minister of UAE Sheikh Mohammed bin Rashid Al Maktoum has issued in his capacity as Ruler of Dubai a decree setting up a judicial committee to look into cheques dealing with real estate transactions. WAM (Emirates News Agency) - 05Nov 12:31GMT
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  • IDAL urges Lebanese expatriates to invest part of their remittances in real projects


    Chairman and general manager of the Investment Development Authority of Lebanon (IDAL) Nabil Itani on Wednesday said a portion of the massive remittances from Lebanese expatriates should be invested in real projects not just deposited in banks The Daily Star - 05Nov 09:54GMT
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  • Real Estate Insolvency Deal Signed In Saudi Arabia


    Saudi Minister of Commerce and Industry Abdullah Zainal Alireza announced that liquidation agreements have been signed for 70% of insolvent real estate share businesses worth SR1.33 billion, adding that money received from the firms would be deposited at Bank Albilad. Arab News - 05Nov 08:14GMT
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  • Rents In Abu Dhabi Likely To Stabilise Next Year


    Rents in Abu Dhabi are expected to remain weak for the remainder of 2009, but are likely to stabilise during 2010, said CB Richard Ellis. Emirates Business 24/7 - 05Nov 07:13GMT
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01Nov Organized by dmg world media Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) (4 days from 01-04 Nov 2010)
04Oct Organized by PennWell Corporation POWER-GEN Middle East 2010 (3 days from 04-06 Oct 2010)
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Finance Is The Key
While observers have focused most of their attention on Dubai's property woes over the past year, developers in Abu Dhabi have quietly slipped into a similar imbroglio.
 
 
Moving Away from RE
Dubai should use this crisis to rebalance its economy away from real estate and allocate its funds to more productive industries, analysts from leading industry and academia said.
 
 
Oil & Gas
Gascities Plans
Gascities aims to invest $2-$3bn in energy clusters, in a bid to attract up to $30-$40 billion in 3rd-party investment in the energy sector.
 
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Company Ranking
Ranked by Market Cap 
Based on yesterday's close
 | No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 Ezdan Real Estate Company Qatar 8,571
2 Emaar Properties UAE 6,888
3 Dar Al Arkan Real Estate Development Company Saudi Arabia 4,694
4 The Lebanese Company for the Development and Reconstruction of Beirut Central District Lebanon 4,453
5 Compagnie Générale Immobilière Morocco 4,378
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