Qatar To Build World’s First “Semi-Submerged” Resort Hotel

Qatar has delightedly announced a hugely ambitious project, to construct an elaborately designed, semi-submerged luxury hotel and resort just off its coastline. Giancarlo Zema Design Group, an Italian architectural firm, has been hired to design and oversee construction of the underwater hotel and resort complex. Tentatively named “Amphibious 1000”, the project cost is estimated to

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Marriott Opening Three Properties in Doha This June

Marriott International revealed that it is opening three new properties in June, all in Doha, Qatar.  Two of the properties will be hotels: the Renaissance Hotel and Courtyard by Marriott, and the third will be an apartment community: Marriott Executive Apartments Doha City Center.  All three will be part of the Doha City Center Mall

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Gas-Rich Qatari’s Eye U.S. Market

The government of Qatar is set to enter the U.S. property market for the first time in one of the most positive signs of so far this year.

New Rule Allows Foreign Investors Residency in Qatar

A new rule in Qatar allows foreigners to apply for residency permits.  Under the rule, a property acts as a sponsor for the individual, whereas any immigrant wishing to receive a residence permit in the past had to have a human sponsor. So far ten people with leases in the country have applied for residency

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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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