Georges Chehwane is the president of Group Plus, one of the largest media groups in the Middle East. He is also the president of Plus Properties, a Group Plus subsidiary …
Category:
Real estate
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Ghassan Youssef is the managing director of Rakeen, the real estate arm of RAKIA (Ras Al Khaimah Investment Authority) in the United Arab Emirates. Rakeen recently launched its new ultra …
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Lebanon’s real estate market, especially its high-end segment, has been directly impacted by internal and external constraints. Both the financial crisis and the delayed formation of a new government have …
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One year has passed since Dubai’s real estate sector started its downhill slide. Since then, investors have fled the market, prices and rents have dropped, property disputes have risen and …
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At Cityscape Dubai last year, Gulf real estate firms launched some $100 billion worth of new projects on the show’s first day. But expectations for this year are markedly different. …
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After a period of sustained activity characterized by high-profile investments and significant appetite for trophy assets, sovereign wealth funds (SWF) in the Arab world felt the repercussions of the global …
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Damac CEO resigns Peter Riddoch, the CEO of Damac Properties, is resigning from his position in October. No replacement for Riddoch has been appointed, nor did he name the reason …
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UAE’s second quarter results Emaar’s second quarter results beat the estimates of both the investment banking firm EFG-Hermes and Al Mal Capital Investment Bank. The income growth was mainly the …
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Property disputes between real estate developers and investors in the United Arab Emirates have increased since the financial crisis crippled the country’s property market. Dubai’s property court has already recorded …
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Beirut will soon have a new tallest building. Called ‘Sama Beirut,’ developers have already broken ground on the 50-story luxury residential tower in the Sodeco area. Launched in mid-August by …