News Archive: industry news

29, 2009 January:

Distress to impress

Distressed selling - an urgent sale of assets due to negative market conditions - will ironically ensure that 2009 is a positive year for investors in the GCC and around the world, said senior executives at United States investment bank Morgan Stanley, which manages assets worth billions of dollars in the Gulf...

27, 2009 January:

UAE: new lending requirements

The largest bank in the Middle East has come under fire for putting up the minimum salary requirements for mortgages...

You are my sunshine

The largest solar power plant in the Middle East will be built as part of Abu Dhabi's new carbon-neutral city, it has emerged...

13, 2009 January:

Permission for commission

Real estate agencies in the UAE are increasingly recruiting estate agents on a commission basis instead of offering them monthly salaries, according to brokers...

07, 2009 January:

UAE rents set to fall

Residential rents in Abu Dhabi and Dubai are set to fall this year, according to officials and experts...

18, 2008 December:

Abu Dhabi set to buck trend

Property in Abu Dhabi is set to buck the trend of slowing growth in the UAE market by rising in the short-term, a new report has concluded...

17, 2008 December:

Hamptons hit Abu Dhabi

Estate agency, Hamptons International, has opened a flagship office in Abu Dhabi, which is centrally located near the Corniche, just seven months after opening its first office in the emirate...

08, 2008 December:

Scheming developers in Middle East

As Dubai continues to dominate the property headlines for all the wrong reasons, developers in the Middle East have started a real push to entice new buyers by offering a host of new schemes...

04, 2008 December:

Palm of your hand

Palm developer Nakheel is putting some of its flagship projects on hold and considering plans for an initial public offering to raise up to £7 billion as it faces massive cash flow problems...

19, 2008 November:

Bright future for Abu Dhabi

The UAE Federal Government and capital are booming, and the future is rich with possibilities for the people of the federation and its friends...

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