Real Estate articles

GCC – Building green kingdoms

GCC – Building green kingdoms

Even though the ‘green building’ trend is still embryonic in the GCC, a growing number of property developers as well as governments are realizing the environmental, social and economic benefits associated with the initiative. Green buildings are designed to reduce the overall impact of buildings on human health and the environment by efficiently using energy,

What‘s in store – Possible correction?

Bubbly can be tasty. Bubbly stock markets are less so as those who have been caught in the implosion phase of market bubbles are known to share. The problem with market bubbles is not really that only very few people can detect them; the problem is that it is very tricky to avoid being hit

Profiles – More than neighbors

Sharjah Industrial, residential, and cultural aspects are combined in the profile of Sharjah. The emirate ranks third in terms of housing demand, size, and population in the UAE. Industry is a development focus where the emirate claims to generate 40% of the country’s industrial GDP in its manufacturing establishments and 19 industrial zones. The latest

Shopping centers – Just getting bigger

While still there, although less in Abu Dhabi than Dubai, the traditional, open-air souq is quickly being overshadowed by the modern, air-conditioned mall in the political and financial capitals of the UAE. Dubai dedicates more space to its souqs but it also far surpasses its much larger neighbor in space dedicated to climate-controlled commerce. And

Engineering the new – Economic city

What are the three most important things for GCC real estate developers? The proper answer has to be (1) strategy, (2) strategy, and (3) strategy. This is the case for both the master planners in governments of kingdoms, emirates, provinces, or special economic cities and the entire field of private, listed, or state-backed property firms.

Housing loans – Still coming of age

The adage is old but it only underscores the importance of the matter: Home acquisition and finance is for most people the largest single personal purchase transaction in their life, whether it is the building of a new house, or buying of a house or an apartment. In a time where mortgage lending has become

What’s the difference anyway

Lebanon has been going through ups and downs, cycles of joys and woes, repeated phases of history. It waddles along both victorious and defeated. How do its people feel about this? Are they aware of the issues at hand? Do they have an opinion or a preference? Absolutely. Are they hopeful? Unlikely. The result is

Forum Diary

Many Arab countries are realizing that the call for political, economic and social reform is getting louder, especially since the spontaneous democratic groundswell that shook the region in 2005. Participants at the World Economic Forum meeting that took place in the Egyptian resort of Sharm el Sheikh last month debated the lengths to which Arab

Together for change and reform

Under the banner, Making Reforms Work in MENA” dialogue within plenary sessions and workshops of the MDF5 hosted in Lebanon last month proves that reform in our region has become a matter of urgency in the purest sense and while the Arab world has now recognized that there is a need for institutional, social, and

Still not enough

Last month marked Women’s Day on 8 March. It was time to revise what Lebanon had achieved in its promotion of women’s rights and what it yet had to work on; particularly since it ratified the Convention on the Elimination of All Forms of Discrimination against Women (CEDAW) in 1996. But even before ratifying the