Prime office rentals in Dubai and Abu Dhabi grew 29 percent and 30 percent, respectively, year on year in 2008, according to a report by CBRE.
"Correction in rents is expected in the first quarter ... Read more.
Abu Dhabi-based Al Maabar International Investments has announced it will invest $10 billion in a property development in a Jordanian Red Sea resort, showing that while the global economic crunch has ... Read more.
Lagoon Real Estate Development has announced that all units that have been purchased at the $90 million project in Bahrain's Amwaj Island have already been handed over to their owners.
The move ha... Read more.
Bahrain issued $800 million of bonds to finance housing projects
