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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Saturday, September 6, 2008

Kuwait's National Real Estate Company (NREC) to Expand

NREC eyes Syrian property market, mulls sukuk
Trade Arabia - Manama,Bahrain
Kuwait's National Real Estate Company (NREC), a major investor in logistics firm Agility, wants to expand into markets from Syria to South Africa and is considering selling Islamic bonds later this year, its CEO said. ...The Kuwait-based real estate developer, which manages KD750 million ($2.8 billion) worth of properties and assets, is currently investing in real-estate projects in the UAE, Egypt, Libya, Jordan, Lebanon, Iraq and Pakistan. ...

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