Construction

Lebanon’s Properties Still a Solid Investment

Lebanon is still sound place for investments despite the gloomy economic outlook around the world as a result of the global economic recession. This is one of the views echoed by a leading Arab investor who attended a conference on real estates in Lebanon last month. There is a growing agreement among many western and Arab financial analysts that Lebanon is one of the countries that managed to take full advantages of the crisis in the US and Europe. Properties in Lebanon and especially in Beirut are still seen as lucrative investments even in dark days.

UAE Minister Of Foreign Trade Heads Discussions On Investment Opportunities In The UAE And Russia

UAE Minister of Foreign Trade H.E. Sheikha Lubna Bint Khalid Al Qasimi headed a meeting on investment opportunities available in Russia and the UAE participated in by her accompanying trade and economic delegation and Russian economic interests during her recent visit to Moscow, Russia. Also present during the dialogue was H.E. Omar Saif Ghabash, the UAE Ambassador in Moscow. Investment incentives in both countries and the need to remove investment obstacles were also explored. H.E. Sheikha Lubna noted that the leaderships of the two countries are willing to enhance bilateral trade and economic partnership, pointing out that economic parties and businessmen also desire higher levels of cooperation and will continue to search for investment opportunities.

Real estate markets of the Middle East will outperform all other regions

The real estate markets of the Middle East will outperform all other regions, according to findings from the Investor Sentiment Survey, an in depth study of real estate professionals market views conducted by Jones Lang LaSalle in association with Cityscape Dubai, the world's largest real estate conference and exhibition.

Jumeirah To Manage Luxury Hotel In Business District Of Guangzhou, China

The Jumeirah Guangzhou Hotel, Jumeirah Group’s second hotel to be signed in China, was announced at a ceremony held in Guangzhou and attended by Mr Su Meng, President of the GT Land and Mr Gerald Lawless, Executive Chairman of the Jumeirah Group.

UAE’s Residential Service Fees

Homeowners in Dubai have seen service charges for communal areas almost double in 2008. Developers have blamed this on the inflationary pressures being felt in the markets as the cost of raw materials and necessary utilities increase.