News

Qatar National Bank (QNB) recently announced that it plans to build one of the world’s tallest buildings in Doha, Qatar as its new headquarters. Plans are for the building, set for Doha Corniche, to be 510 meters in height. That will make it the tallest skyscraper in the city and one of the tallest in […]

Dubai’s Real Estate Regulatory Authority, or RERA, is in the process of creating a property court that will speed up resolution of property and construction disputes in the Emirate. The new real estate court is scheduled to open in September of 2008.   Investors, tenants, contractors and developers will be able to have their disputes

The US dollar posted a substantial rise during the first week of August, signally that its long, seven year slide might finally be at an end. At the end of the week, the Euro was worth just over 1.50 US dollars, and it looks to start this week off even lower. The UK Pound ended

Gibraltar’s Ocean Village Development recently won three international awards for the design of its buildings from CNBC. The complex won for Best High Rise Architecture, Best Interior Design and Best Apartment in the Europe and Africa Property Awards for 2008. The awards will be presented at a celebration in London on September 27 at the

A recently released report by UK property consultants Knight Frank indicates that prime farmland is at record prices, going for as much as £8,000 an acre. The Farmland Market Index shows an average price of £6,000 across the country, with many locations selling much higher.   According to Andrew Shirley, head of rural land research

It’s the middle of the summer and celebrities are enjoying their vacations just like everyone else across the globe. Some of the most popular places to find the stars include Hawaii, Mexico, France, the Caribbean and Spain.   Hawaii is a favorite for stars and holiday travelers year round, and this summer has been no

Not far from Las Vegas’ McCarran Airport and near the new South Point resort is a fantastic new residential building called LOFT 5. Inspired by the elegant lines of minimalist design, LOFT 5 combines the evolution of modern architecture with upscale amenities for an unparalleled lifestyle.The designer homes will be attractive to sophisticated overseas buyers

On the Aegean coast of Turkey is the resort destination of Altinkum, a property hotspot for investors and holiday travelers. This popular town is convenient to get to, has spectacular year-round weather and offers more to do than you can imagine.   Altinkum, whose name is translated as Golden Sand, sits on a peninsula that

Tamweel PJSC recently began operations in Egypt during a special ceremony held in Cairo. Tamweel is the largest real estate financer in the UAE and seeks to provide Sharia-compliant financing for those who want and need to purchase property. The announcement was attended by senior government officials including Osama Saleh, Chairman, Mortgage Finance Authority of

The Dubai property market has consistently been attractive to investors and one aspect of this is the ability to flip property. This concept simply means buying property and selling it very quickly for a profit. This practise could soon become history with developers and the government seeking ways to stop investors flipping.   Marwan bin Ghalita,