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Mon, 22 Mar 2010 | 07:35 GMT
Mon, Mar 22, 2010, 07:35 GMT
 
Top Real Estate News

  • Default Rates Between 5 To 7%: Aldar


    Aldar Properties, the largest developer in Abu Dhabi, expects default rates to hover between five and seven per cent in 2010, but has not initiated any foreclosure moves, according to a company spokesperson. Emirates Business 24/7 - 22Mar 04:35GMT
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  • Emaar Transfers Education Portfolio To Innoventure


    Emaar Properties, announced the transfer of its education portfolio in Dubai, including two schools, six nurseries and a vocational training campus, to Dubai-based premium education provider Innoventure Educational Investments (Innoventures). The move will be effective from the next academic year commencing September 2010. Press Release - 21Mar 13:01GMT
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  • Damac Properties Egypt Awards contract to JET, Egyptian Eng. & Trade Company


    Luxury lifestyle developers Damac Properties announced that the contractor JET, Egyptian Eng. & Trade Company have been awarded the construction contract for the attached villas located in Hyde Park, New Cairo. Press Release - 21Mar 11:17GMT
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  • Barwa RE Merger With Alaqaria Gets Regulator Approval


    Barwa Real Estate's merger with fellow developer Alaqaria has received approval from the Gulf Arab country's financial regulator, the two companies said. Zawya Dow Jones News - 21Mar 08:05GMT
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  • Egypt Amer Group Plans $2.2 Bln Project In Saudi


    Egyptian property developer Amer Group plans to develop a $2.2 billion tourist project on Saudi Arabia's Shuaiba coast close to Makkah, Jeddah-based Okaz daily reports Saturday, citing a company official. Zawya Dow Jones News - 20Mar 07:39GMT
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  • Yanbu residents want zoning laws changed


    Citizens in Yanbu have asked the Madinah municipality to develop new strategies to expand the province. They claim there is a scarcity of land available for construction. Arab News - 20Mar 07:28GMT
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  • Kuwait to build 10 residential cities


    The Housing Committee at the National Assembly has approved a draft bill on the construction of 10 residential cities, says Committee Rapporteur MP Naji Al-Abdulhadi.Speaking to reporters after the committee meeting Thursday, Arab Times - 19Mar 08:12GMT
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  • Women in Property sets up office in Dubai


    The globally recognised UK organisation Women in Property (WiP) introduced its first international branch in Dubai yesterday. Gulf News - 19Mar 06:01GMT
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  • Business Bay to be new business capital of Dubai Commercial


    With buildings due to be completed and handed over in the next two years, Business Bay is set to be Dubai's new business hub, according to Sanjeet Joher, group chief executive officer of KM Properties. Gulf News - 19Mar 05:58GMT
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  • Dubai World Limitless Makes Payment On $1.2B Loan


    Limitless, a property development unit of Dubai World, on Thursday paid creditors interest for a $1.2 billion loan due at the end of this month, bankers said. Zawya Dow Jones News - 18Mar 12:25GMT
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Tarek Hilal
Community Head - Real Estate - Zawya
Arabic version of the 2008/2009 draft law
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Ivana Hrdlickova
JUDr. - Legal
New Group Member
Legal Expert of Council of Europe, Judge, PhD Researcher in Islamic Law, mainly Islamic Finance and Banking.
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Charlie Kodatt
Founder - C + K
thank you Tarek. i was speaking to a hedge fund yesterday and we spoke about this opportunity going forward. looking forward to reading and discussi...
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Community Buzz

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A Vote Of Confidence
The year 2010 could be a landmark year for the Saudi housing sector, and the opportunities for Islamic housing finance - both development and mortgages - could be potentially immense.
 

 
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The capital's skyline is undergoing a transformation as, for the first time, highrise buildings are starting to soar high above the city streets.
 

 
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Working as a real estate agent in a booming market is a profitable venture. So, when Dubai started opening up to international investors, the flourishing market gave rise to a small army of property brokers, many of whom had little, if any, market or professional experience.
 
 
 
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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 25,286
2 Emaar Properties UAE 6,391
3 Dar Al Arkan Real Estate Development Company Saudi Arabia 3,988
4 The Lebanese Company for the Development and Reconstruction of Beirut Central District Lebanon 3,929
5 Compagnie Générale Immobilière Morocco 3,819
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