Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55365820
Caption:

Burj Khalifa, the tallest tower in the world, is seen lit up in blue, white and red, the colours of the French national flag, following the Paris attacks, in Dubai November 15, 2015. REUTERS/Ahmed Jadallah

GCC’s Real Estate Market Sees Fastest Growth Worldwide

by Asharq Al-Awsat | Jan 19, 2017 | Business

Dubai – Dubai, Abu Dhabi and Doha have emerged as the top three real estate markets in the Gulf Cooperation Council (GCC) region, said a real estate report. The industry is touted to grow about 10% annually on average, driven by a prospering property market in...

Media ID: 55365349
Caption:

A contemporary home in northern Vilnius, Lithuania. Credit: Leonas Garbacauskas for The New York Times

Favorable Conditions for Lithuania’s Real Estate Market

by Roxana Popescu | Jan 11, 2017 | Business

This five-bedroom house in a tranquil setting in northern Vilnius, built in 2013, has simple lines, from the architecture to the furniture, appliances and lighting. Its exterior is made of stone, brick and glass, and the interior uses hardwood on the walls and floors....

Media ID: 55361890
Caption:

Majed bin Abdullah Al-Hogail, Minister of Housing, July 13, 2015. SPA

Saudi Housing Minister: Justice in Real Estate Valuation Essential for Success of Funding Programs

by Shuja Al-Baqmi | Nov 10, 2016 | Business

Riyadh- Saudi Minister of Housing Majed Bin Abdullah Al Hogail stressed the importance of justice in real estate valuation, saying such a move would consolidate the sector through the suggested funding solutions. The minister spoke on the sidelines of the Reality and...

Media ID: 55359625
Caption:

London’s Mayor Sadiq Khan leaves Southwark Cathedral in London, Britain, May 7, 2016. REUTERS/Peter Nicholls

Khan Turns Eyes to London Properties’ Bubble

by Asharq Al-Awsat | Oct 5, 2016 | Business

London- London Mayor Sadiq Khan is to launch the UK’s most comprehensive inquiry into the impact of foreign investment flooding London’s housing market. Khan said there are “real concerns” about the surge in the number of homes being bought by overseas investors,...

Media ID: 55357475
Caption:

Dubai’s Burj Khalifa is the tallest building in the world, but perhaps not for long. Saudi Arabia has announced plans to build a 1 kilometer (3,280 foot) tower into the sky, to be named the Jeddah Tower, scheduled for completion in 2020. The Burj Khallifa currently stands at 2,716 ft. REUTERS/Matthias Seifert

Saudi: Commercial Sector Prices on the Rise

by Abdulilahi Al-Shadid | Aug 31, 2016 | Business

Riyadh- In coincidence with the residential properties sector poor performance, the commercial properties sector seems to undergo a first of its kind rise in prices, especially in the commercial stores rental fees during the past five years. Ibrahim Mortada, manager...