Friday, October 18, 2019

Dubai’s Top Developer to Team Up on $11 Billion Project in...

(Bloomberg) -- The developer of the world’s tallest tower in Dubai will venture out to China as property demand falters at home. Emaar Properties, the...
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Dubai’s Amlak Close to Restructuring $1.2 Billion With Creditors

(Bloomberg) -- Amlak Finance is nearing a deal to restructure debt for a second time as the Dubai-based Islamic mortgage provider navigates an ongoing property...
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Hong Kong Home Prices Break Record

(Bloomberg) -- Large-scale protests in Hong Kong that have at times turned violent haven’t stopped the upward trajectory of home prices in the city.Dwelling values...
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Tibiaan properties offers BMW as grand prize for property buyers

In the first-ever promotion of its kind in the property sector, Tibiaan properties – Oman’s leading real estate brokerage firm – is raffling away...
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Oman’s Real Estate, Boom or Bust?

Oman’s real estate market is teeming with townships and residential units. In fact, the construction of numerous projects is underway. However, despite the supply...
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E-Services Agreement Signed between Oman Ministry of Housing & Bahwan Cybertek

Sheikh Saif bin Mohammed Al Shabibi, Minister of Housing, Oman inked an agreement with Bahwan Cybertek. The agreement, signed in coordination with Information Technology...
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Al Mouj Muscat celebrates milestone achievement

Al Mouj Muscat, Oman’s leading Integrated Tourism Complex and lifestyle destination, has announced crossing the monumental milestone of handing over more than 2,000 properties...
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Damac Sees Profit Sink 94%

(Bloomberg) -- Profit at Dubai-based Damac Properties plummeted in the first quarter as the company grapples with a slowdown in demand for real estate in...
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Property Slowdown Beckons as Next Risk for Emerging Markets

(Bloomberg) -- As growth worries and trade war jitters threaten to spoil any rebound for emerging markets in 2019, property markets are shaping up...
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Samsung Bets It Can Sell Smart-Home Tech by Building the Homes

For years, Samsung has pitched customers internet-connected TVs, refrigerators, and other cornerstones of the home re-imagined for the data-overload era. Now the South Korean...
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