RELATED STORIES

Emaar to build $100mn Khalifa City in Cairo

Urban development for low-income households to be built with funds provided by Abu Dhabi.





Abu Dhabi's Sorouh says primary market steady

Secondary market has 'softened' where 'speculative' buyers looking to sell.





UAE's Aabar says to invest $136mn in real estate

Abu Dhabi-listed company to develop commercial towers at Al-Raha beach - CFO.





Bahrain banks real estate exposure below 30% - cbank

Kingdom's banks' sectoral exposure in line with proposed guidelines.





Indian builders lure home buyers with free cars, gold

The days of three-digit sales growth are over, say developers, as tactics turn inventive.





Dubai's Limitless invites Arabian Canal phase 2 bids

Contract will involve excavation of around 300mn cu m of earth along 8.5km of canal.





Abu Dhabi's Aldar Q3 net up 50%

UAE's no.2 developer reports quarterly profit of $206.9mn, analysts had predicted up to double that.





EFG-Hermes casts doubt on Nakheel mega-tower

UPDATE 2: Nakheel maintains global downturn to have limited impact.





Aldar Properties appoints new CEO

Chief operating officer John Bullough replaces Ron Barrott, to 'focus on execution and project delivery'.





Alwaleed's Kingdom Holding to build 1km tower

Gulf's second kilometre-high building inside a week announced for Jeddah.





Economy and markets 'sound' - Sheikh Mohammed

PM says UAE able to weather global economic slowdown, not hit by credit crunch.





Mortgage curbs to hit first time buyers

Home buyers could be forced from UAE property market after mortgage lenders rein in loans.





Aldar to set up hotel management unit

Abu Dhabi developer's new unit to oversee up to 40 properties it plans to develop, senior exec says.





Limitless still keen on UK acquistions

Dubai-owned developer has not been put off market despite dropping bid for Minerva, senior exec says.





UAE warned over banks' real estate exposure

UPDATE 1: Reconsider letting lenders set up real estate subsidiaries - Morgan Stanley.





Strong branding to help firms weather correction

Investors more likely to be loyal to developers during times of trouble - Futurebrand.





UAE commercial property market slowdown

Dubai and Abu Dhabi both witness slight drop in activity during Q3, Better Homes says.





Riyadh house prices rocket 90%

Saudi capital leading housing boom in kingdom, fuelled by housing shortage and rising purchasing power.





Al-Qudra's Cityscape sales touch $100mn

Abu Dhabi developer eyeing projects in Algeria, looking to move into commodities, CEO says.





British Museum to work with Abu Dhabi

World-famous museum to have presence in UAE capital, although it will not be branded museum, exec says.





Cityscape breaks record on visitor numbers

Dubai real estate exhibition sees 40,000 through doors after just two days.





Damac optimistic, despite negative sentiment

Real estate market fundamentals 'strong', despite global financial turmoil - Riddoch.





Al Mazaya pushing ahead with IPO

Kuwait-based developer will launch IPO in Qatar next month despite market turmoil, VP says.





Abu Dhabi to get Schumacher tower

Marasi Real Estate Fund to build tower in partnership with F1 legend at cost of up to $544mn.





Palm Deira unaffected by market turmoil

Construction and sale of plots on largest of palm islands going ahead as scheduled, exec says.





Union Properties mulls buyback after shares slump

Dubai-based firm considers move as shares lose more than 50% so far in 2008.





DIFC invests $817mn in Dubai Pearl

Investment arm of DIFC acquires 'significant portion' of project being built close to Palm Jumeirah.





Mini-me builders make millions from models

EXCLUSIVE: Scale models prove big business for firms in run-up to Cityscape.





$260bn Saudi projects under construction

Huge investment in kingdom revealed as new Cityscape Saudi Arabia event launched.





Dubai Properties CEO eyes Indian expansion

EXCLUSIVE: Indian subcontinent offers 'glorious opportunity' says company chief.