Saudi ambassador sues Irish ‘fraudster’ for £25m
The developer behind plans for Europe’s tallest residential building has been dismissed as a fraudster by a Saudi ambassador who…
Property & Real Estate
2485 articles found
61% of UAE High Net Worth Individuals Set to Invest in Global Real Estate in 2016, says Cluttons
Despite global economic volatility over the past year, which contributed to multiple downward revisions for growth forecasts, investment appetite among…
Saudi central bank raises home buyers' loan-to-value limit to 85%
Saudi Arabia's central bank will allow mortgage companies to supply a greater share of funding for home purchases, raising the…
Bahraini banks acquire key US real estate portfolio
A consortium of Bahrain-based lenders Venture Capital Bank (VC Bank) and Seera Investment Bank has acquired a major real estate…
Bahrain Bourse creates REITs market
Bahrain Bourse has issued a resolution in respect of the creation of the real estate investment trusts (REITs) market and…
Stonehill Capital Said to Block $1.2 Billion Limitless Deal
U.S. hedge fund Stonehill Capital Management LLC is blocking a second restructuring of a $1.2 billion loan in Dubai-based developer…
Aberdeen enters Abu Dhabi financial centre
Aberdeen’s founder and chief executive, Martin Gilbert, told The National: “We went to Singapore in 1992 when everybody else was…
Iran tops Dubai’s average investment list for 2015
In 2015, Iran was Dubai’s fourth largest expat nation by overall investment size and the first by average investment size,…
Do Middle Eastern investors still look to London?
Back in 2014, I wrote an article here that posed the question: “Why is London the destination of choice for…
Abu Dhabi fund set to finance Latin American property deal
GP Investments Ltd , Latin America's largest private equity firm, has reached a deal with a subsidiary of Abu Dhabi's…
Saudi Arabia Conglomerate Eye Property Investment in Indonesia
A conglomerate from Saudi Arabia has a special interest in investing in the Indonesian property and industry sectors. The Investment…
Dubai developers keep building despite weak market
Dubai developers are pressing ahead with their construction plans despite expectations that property prices will fall yet further this year,…