With only around 10 per cent of Saudi’s currently owning their home, the new mortgage laws could be set to boost real estate firms, banks and society overall.
Low liquidity and weak confidence continue to dampen the Gulf’s IPO pipeline. Stringent local market guidelines must be relaxed to improve cashflow.
As the global economy reels from fresh Euro and US woes, the gold price is set for a dizzying ascent.
The region welcomes its first non-executive director ‘match-making’ service as it strengthens corporate governance regulation.
Gulf real estate players are pumping money into Lebanon and playing an ever-larger hand in the nation’s landscape.
Gulf Business Investigates how the global crisis affected Oman Cyprus, two very different landscapes with similarly challenging property cycles.
Harsh winters, quantitative easing and political unrest have pushed crude over $90 a barrel in the last three months. Rising oil prices could cause a double dip recession.
Amid widespread regional unrest, the UAE has reclaimed its mantle as the oasis of opportunity in the desert, although, worryingly, it’s just too early to rule out future political unease.
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