Doha / EMIRATES BUSINESS Despite reports of market gloom, Qatar’s residential rental levels continued to expand unabated during 2015, rising by approximately 7 percent year-on-year during the second half of 2015. But this was down from 14 percent annual growth achieved during the same period in 2014. Smaller apartment units, particularly those within central locations, remained in high demand, although ...

CAIRO / EMIRATES BUSINESS Egyptian real estate company Abraj Misr signed a 1.1 billion Egyptian pounds strategic partnership with SIAC holding to carry out the construction works for its first and largest residential, administrative, smart and eco-friendly project, which is dubbed as ‘The Gate’. The 400.000 sqm project is set to be completed within 24 months. Placed in the heart ...

Manama / EMIRATES BUSINESS Bahrain’s stock exchange has established a market for real estate investment trusts (REITs), it said. Under the plan, REITs licensed by the central bank can be listed and traded by investors in the secondary market. The details of the market and the trading mechanism of REITs will be announced later, the statement said. While REITs are ...