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Lebanon’s Properties Still a Solid Investment

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Lebanon’s Properties Still a Solid InvestmentLebanon 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...

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

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

Solidere International Participates In Down Town Jeddah Reconstruction

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NejmehThe Jeddah Municipality has signed a memorandum to enhance the city’s central district with an alliance of international and development companies. The project will encompass an area of 6 million m2, and the main two companies to execute the project are Solidere International (SI) and the Jeddah municipality owned Jeddah Company for Construction and Urban Development.

The choice of these two exemplary companies is due to their renowned reputation for executing high profile projects within the Arab world. The former renovated Downtown Beirut and the latter succeeded at cleaning Tunis...

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

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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.


The 200-room, five-star luxury Jumeirah Guangzhou Hotel, scheduled to open in 2011, will be located in the centre of New Pearl City Tian He District, Guangzhou’s premier and rapidly growing commercial city centre.
The Jumeirah Guangzhou Hotel will feature a sky lobby, with elegantly appointed guest rooms, distinctive dining concepts and...

Will UAE’s Residential Service Fees Double?

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Will UAE’s Residential Service Fees Double?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.
Residential service fees are often the ‘hidden’ charge placed on home owners living in community developments.


At present these are usually payable to the developer of the project, who charges owners a set sum which is then put toward the upkeep of communal grounds, facilities and building spaces.
From October, this role will be taken over by owners...

Connection Real Estate Announces 1st LEED Platinum Mixed-Use Towers In The Middle East At Cityscape Dubai 2008

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Connection Real Estate and their exclusive sales agent, Colliers International, plan to launch the landmark Eco Towers at Cityscape Dubai 2008. During their participation they will reveal details about the 23-storey twin towers which are strategically located in the prestigious community of Dhanet Abu Dhabi. The Abu Dhabi-based property development company is set to build the first mixed-used towers in the Middle East with LEED Platinum certification.

The Eco Towers, named for their eco-friendly positioning, will provide retail space, modern facilities and luxurious Grade-A quality...

Solidere International To Showcase Progress Of Dhs220bn Al Zorah At Cityscape Dubai

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Solidere International, one of the Mediterranean region's largest and most successful city and place makers will be displaying its ambitious Dhs220bn master planned coastal city, Al Zorah, at Cityscape Dubai, running October 6-9 at the Dubai International Exhibition Centre.The company will also be announcing several master planned projects at Cityscape, reflecting the international class know-how and expertise of Solidere International as an internationally acclaimed place maker and leading player in urban planning.

Solidere will also highlight the two major city centre developments in...

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