Thursday, January 17, 2019

Real estate sector enters value growth phase; slowdown is correction, not...

The current slowdown in the UAE real estate market should be seen as a minor correction as opposed to a major crash, according to a Middle East property expert.
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Beirut’s Ghost Apartments Are Haunting the Economy

The ghost apartments of Beirut are haunting the economy. Permanently-drawn curtains on the city’s empty luxury high-rises and dust gathering over shuttered storefronts in the...
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Alargan Towell Updates Customers On Progress Of Alargan Village Al Bustan

  After the commencement in construction works at Alargan Village Al Bustan project last May, Alargan Towell Investment Company, the developer of the project, has...
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Warren Buffett to Expand His Real Estate Empire to Milan, Dubai

One of Warren Buffett’s real estate brokerages waited 18 years to sign its first overseas franchise deal. Now the firm is extending its reach...
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Real estate transactions in Oman drop to OMR 922 million

The Real estate transactions in the Sultanate collapsed 30.3% year-on-year in the first quarter of the current year, with the total traded value of properties standing at RO 922.1 million as against RO 1.32 billion recorded last year, according to the latest report issued by the National Centre for Statistics and Information (NCSI).
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Westward bound

Driven by government policies and infrastructure development, there is an evident shift in the focus of warehousing development to the West of Muscat.
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Emaar Profit Wobble Shows No One Safe From Dubai Property Slide

Emaar Properties PSJC reported the lowest quarterly profit in almost three years, showing that Dubai’s lengthening real estate slump is starting to weigh down...
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Saudi Contractor Said to Have Defaulted on $2 Billion of Debt

One of Saudi Arabia’s major contractors defaulted on almost $2 billion after a falling out among its owners and delays in payments from the...
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I Worked as a Barneys Personal Shopper. Here’s What I Learned

In the ‘90s era of must-see TV, Barneys New York was immortalized as the city’s retail holy grail. Seinfeld’s Elaine spent an entire episode...
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Real estate trading in Oman surges ahead to OMR3.4b

Total traded value of real estate activity in the Sultanate reached OMR3,420.1 million by the end of October, reflecting a 40.7 per cent rise, compared with the same period in 2014, data from the National Centre for Statistics and Information (NCSI) revealed.
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