Bahrain’s GFH Financial Group confirms restart of $700m Villamar project
Bahrain-based GFH Financial Group has re-launched the $700m Villamar project close to Bahrain Financial Harbour after signing a final Sukuk…
Property & Real Estate
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Bin Faqeeh appoints KHCB as ESCROW Agent for HIDD Heights Project
According to the agreement, KHCB will be appointed as the project’s ESCROW agent in line with the new regulations in…
Estera real estate team involved in largest property deal since Brexit
Estera has been involved in reportedly the largest property transaction to complete following the UK’s Brexit announcement earlier this year.…
Qatar Wealth Fund buys St Regis SF for $175m
The Qatar Investment Authority (QIA) has bought the St. Regis in San Francisco for $175 million, and will continue to…
Fitch says Saudi Islamic lenders face tougher market
Saudi Arabia’s Islamic lenders are likely to face economic headwinds and lower profitability because of the prolonged low oil prices…
Al Salam Bank, Eskan Bank sign deal to offer property financing to projects in Bahrain
Murad said, “As a socially responsible bank, we are pleased to sign this partnership with Eskan Bank that continues to…
Real-Estate Market gets a boost from soaring mortgage activity
The traded value of property in Oman more than doubled to RO7.67bn during the first ten months of 2016 against…
Ayala, Filinvest eye Middle East projects
Real estate giants Ayala Land Inc. and Filinvest Land Inc. are exploring expansion opportunities in the Middle East, Philippine Economic…
6 key trends that will shape the UAE real estate industry
Propertyfinder Group’s inaugural UAE Real Estate Trends report shows a continued undersupply of affordable villas in Dubai is pushing up…
ASBB unveils special offer for Bahrain housing projects
Al Salam Bank-Bahrain, a major Shari’a-compliant bank, has launched a new finance scheme for its customers buying properties in two…
Cheval Residences sees growing GCC investor demand
Cheval Residences Group, a leading London developer, said it has been receiving an overwhelming response from the GCC investors for…
Dubai ruler issues decree on mortgaging granted lands in the emirate
Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum issued Decree No (31) of 2016 on mortgaging granted lands in the…