ArabianBusiness.com - Middle East Business News
Tuesday, 06 January 2009 04:10 UAE time

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Saudi economic cities unaffected by falling oil, says CEO

Saudi economic cities unaffected by falling oil, says CEO

Real Estate
Global Competitiveness Forum chief says Saudi mega projects are going ahead as planned.

Villa prices fall by up to 45% amid real estate slump
Real Estate
Homes on flagship Dubai developments see large falls as investors seek to sell.

Dubai developers to be ranked by watchdog
Real Estate
Regulatory authority set to rate companies on financial stability, experience.

Emaar chief targets 'new chapter of growth' in 2009
Real Estate
Chairman Mohamed Alabbar says opportunities will outweigh challenges.


more »MIDDLE EAST REAL ESTATE COMMENT

Tall poppies
Darker days during the global economic slowdown are poised to trigger a positive and responsible new era.

Matt Warnock  

Finding the floor
How low do property prices have to go before buyers are tempted back to the real estate market in the UAE, ponders Rob Corder.

Rob Corder

more » MIDDLE EAST MARKETS DATA

DFM

Last Price:

1,763.20

+126.91+7.76%

5 Jan 2009 09:59 GMT
(Market Closed)

ADX

Last Price:

2,525.67

+135.66+5.68%

5 Jan 2009 10:40 GMT
(Market Closed)

SSE

Last Price:

5,180.35

+132.04+2.62%

5 Jan 2009 12:30 GMT
(Market Closed)

CURRENCY CONVERTOR

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

SPOT POLL

What do you see happening to the number of expats arriving in the Gulf region in 2009?

The number will continue to increase as the Gulf economies continue to grow.
There will be a large number of new arrivals but they will be cancelled out by those leaving.
It will fall. The decline of the construction, real estate industries will result in less jobs for expats.
The Gulf will see a huge exodus of expats fed up with the spiralling cost of living.
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READER COMMENTS

  1. Villa prices fall by up to 45% amid real estate slump 8
    05 Jan ' 09 at 15:46
    Won't be long until you will be able to buy villas at the prices they were being sold at 4 years ago. If recession takes its toll on...  More »
  2. Dubai developers to be ranked by watchdog 1
    05 Jan ' 09 at 10:58
    On what basis can RERA grade a developer's financial stability and strength? There is Moody's and Standard & Poors - even these guys...  More »
Read all user comments >

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Dresdner Bank's Nigel Putt and Anton Simonet explain the benefits of diversifying ones portfolio.

African ambition

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