Potential Aldar & Surouh Merger – A Multi-billion Rescue at Hand?



Talks of a merger between Abu Dhabi companies Aldar and Sorouh may take share prices higher, but as for adding black ink to the country’s investment portfolios, the jury is still out. Billions are now riding on luxury properties that may not even be viable in this economic climate.

MENA Region Faces Shortage of Affordable Homes



The MENA region of the Middle East and North Africa is estimated to be facing a shortage of around 3.6 million affordable homes over the next five years, and the governments and property developers in these countries need to combine their efforts to solve this problem. The most populated country in this region is Egypt, […]

Cityscape Abu Dhabi 2011: Investing Potential



In International real estate news, according to the press, this year’s Cityscape Abu Dhabi 2011 will see any number of key investments and other deals. Set to begin April 17th and last until the 20th, this exhibition is one of the region’s most anticipated.

Syria Calls for Real Estate Developers



The Real Estate Development and Investment Commission, an industry regulatory arm there, is reported to be finalizing tender books for 12 projects which will be a major boost for the country’s economy.

Barwa Real Estate Nearly Doubles Profit in 2010



Barwa Real Estate says that profits soared after an acquisition spree in 2010. Qatar’s biggest publicly traded developer by assets, posted some impressive numbers, and in a filing to the Qatar exchange yesterday its full-year net profit rose to 1.4 billion rials.

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