ArabianBusiness.com - Middle East Business News
Sunday, 12 October 2008 | 01:07 UAE time

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75% would not invest in Gulf real estate sector

75% would not invest in Gulf real estate sector

Real Estate
Arabian Business poll reveals widespread pessimism amid global crisis.

  1. Dubai house prices to remain flat until 2010

Mortgage curbs to hit first time buyers
Real Estate
Home buyers could be forced from UAE property market after mortgage lenders rein in loans.

No share buyback planned - Aldar
Real Estate
Abu Dhabi-based developer refutes media reports citing firm's CEO that it's considering buyback scheme.

Shahin may remain in custody until end of probe
Real Estate
Dubai attorney general says investigation into former Deyaar CEO still ongoing.


more »MIDDLE EAST REAL ESTATE COMMENT

Consolidation on the cards
In these uncertain times, investors are looking for a sign the real estate sector can adapt to the shifting global economic climate.

Andrew White  

The rent nightmare
Paying up to a year's rent in advance goes against my principles, and can be financially crippling for tenants.

Anil Bhoyrul

more » MIDDLE EAST MARKETS DATA

DFM

Last Price:

3,198.09

+113.07+3.67%

9 Oct 2008 10:00 GMT
(Market Closed)

ADX

Last Price:

3,207.30

+30.36+0.96%

9 Oct 2008 10:00 GMT
(Market Closed)

SSE

Last Price:

5,794.87

-365.65-5.94%

11 Oct 2008 12:30 GMT
(Market Closed)

CURRENCY CONVERTOR

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

more »MIDDLE EAST BUSINESS EVENTS

UPCOMING EVENTS

  1. IFRS & US GAAP Courses in Dubai
    27 April 2008 | Dubai, United Arab Emirates
  2. Advanced Human Resource Management in the GCC (Distance Learning)
    14 September 2008 | Dubai, United Arab Emirates
  3. Effective Business Process Management (Distance Learning)
    14 September 2008 | Dubai, United Arab Emirates
See all events »

SPOT POLL

After the debacle of Heathrow's Terminal 5, how do you think the opening of T3 in Dubai will go?

Emirates have done all the tests and I'm confident it will be smooth and efficient.
I'm sure there will be the odd delayed flight but nothing serious.
Many flights will be delayed and baggage will be lost.
I've changed my flight plans because I don't want to be caught in the chaos.

BUSINESS FEATURES

Brighter days ahead

The founder of Australia's Sunland Group says the Gulf market may be in better shape than most.

Developer's discretion

As the building industry booms, selecting the right developer or consultant is less about cash.

Celebrity builders

Celebrity-endorsed buildings are all the rage with showbiz and sporting icons lending their names to developments.

ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Senior Property Manager
    Industry: Property
    Location: Dubai, UAE
  2. Senior Development Manager – Shopping Malls
    Industry: Property
    Location: Middle East
Browse all jobs »

BUSINESS INTERVIEWS

On cruise control in the Gulf

Michael Horrigan, chief executive of Island Global Yachting on the firm's recent tie-up with Nakheel.

Holding back the tide

Nakheel's CEO faces his toughest challenge yet in protecting the firm from cooling global real estate demand.

Solid ground

Al Shafar General Contracting CEO Bishoy Azmy reveals his aggressive expansion plans.

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