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DAMAC to unveil new luxury experience at Cityscape Global

The Middle East’s largest independent developer DAMAC Properties will showcase its award-winning luxury development portfolio at Cityscape Global 2011. DAMAC Properties’ stand at Cityscape will...

Dubai Land Department launches Real Estate Development Plan

The Real Estate Development plan, or Tanmia, launched today by the Dubai Land Department, will cover 100 projects in 2012, and will span the...

Dubai Land Department revives real estate market with several initiatives

The Dubai Land Department (DLD) has signed agreement with Wasl Asset Management Group, a subsidiary of Dubai Real Estate Corporation. According to the agreement...

Major markets in MENA face shortage of 3.5 million affordable housing...

Jones Lang LaSalle, the world's leading real estate investment and advisory firm, has today published a special report titled “Why Affordable Housing Matters?” for...

The survival of shopping malls in retail’s evolving world

The days of ‘mega-malls’ are long gone and a customer-centric approach is key to a competitive, profitable mall of the future, say industry experts....

Jones Lang LaSalle MENA Sweeps the Board at Euromoney Real Estate...

Clinching Top Real Estate Adviser and Consultant Accolade Jones Lang LaSalle has been honoured with a number of awards at the prestigious annual Euromoney Real...

Precious Metals Weekly Report

A week gone by and so many new and old challenges to be considered: The Euro slumps to a new six month low against the...

Property prices, rentals expected to fall further in Dubai

Property analysts expect sales and rental values to fall in Dubai over the coming months, foreseeing a further decline of between ten and fifteen...

Rent to Own Programme by Aldar Properties

Aldar Properties, launched a rent-to-own programme, aiming to increase sales of new homes on Raha Beach.

HSBC appoints Jones Lang LaSalle as strategic property partner for MENA

Jones Lang LaSalle announced today that HSBC has appointed the firm as a strategic property partner across the MENA region. This is part of...

Precious Metals Weekly Overview

Emirates NBD's Precious Metals Report is out, prepared by Gerhard Schubert, Head of Precious Metals, Emirates NBD. The August Non-Farm-Payroll was unchanged in the U.S.,...

Precious Metals Weekly Report by Gerhard Schubert, Emirates NBD

Precious Metals Report by Gerhard Schubert, Head of Precious Metals, Emirates NBD Save the date: The 8th Dubai-City of Gold Conference will take place on...

GCC property prices to slide further, S&P

Not too long after upsetting and embarrassing the first black President in America's history with the first downgrade of the US debt rating in...

Survey forecasts global economic slowdown; Investors say recession will be avoided

Cash Holdings Close to Credit Crisis Highs in Wake of Equities Sell-Off Investors believe that the global economy will slow significantly in the coming 12...

Sukuk market for GCC companies continues to expand

According to a report by the Kuwait Finance House (KFH), sukuk issuance worldwide amounted to about US $5 billion in July, down from the...

Key trends in Residential sales across Dubai, Abu Dhabi in Q4

As Landmark Advisory predicted, there has been a solid rise in interest in residential sales across Dubai in certain established and prime residential areas...

Sorouh 2Q11 Results Snapshot

2Q11 revenues at AED1.2 bn up 542% YoY Gross Profit registered AED144 mn up 91% YoY Net profit at AED125 mn 125 up 520% YoY 1H11 net...

Emaar Properties records first-half 2011 net operating profit

Revenue for the first six months of 2011 is AED 4.014 billion (US$ 1.093 billion) Second-quarter 2011 net operating profit of AED 422 million (US$...