Middle East property and real estate news

Gulf property sector seeing salary growth

Sun, 12 Oct 2008 12:58:38 +0100

Salaries in the real estate sector in the Gulf region are surging along with experienced workers both of which are improving the industry, according to a new report.

Scared property investors fail to be seduced by Cityscape expo

Fri, 10 Oct 2008 12:56:54 +0100

Property investors are becoming afraid of putting their money into bricks and mortar and adopting a wait and see approach, it is claimed.

Middle East banks starting to limit lending to real estate sector

Thu, 09 Oct 2008 12:55:50 +0100

Banks in the Middle East are facing lending difficulties over their exposure to the real estate sector, experts are warning.

Infinity Tower in Dubai delayed by 18 months

Wed, 08 Oct 2008 17:01:17 +0100

The iconic Infinity Tower in Dubai is facing an 18 month delay and will not now be completed until 2011, it has been confirmed.

Liquidity fears and merger rumours spread around Middle East markets

Wed, 08 Oct 2008 13:40:54 +0100

Optimistic property developers in the Middle East are unveiling billions of pounds worth of new projects in what is seen as a smokescreen to what is actually happening in the region's markets.