Economic Zones World to set up Free Trade Warehousing Zone at Raigad in Maharashtra

Dubai firm to set up warehousing SEZ in Maharashtra
The Hindu

NEW DELHI: Dubai-based Jabel Ali Free Zone, the flagship brand of world's biggest developers and operators of economic zones and business parks -- Economic Zones World, will set up a free trade warehousing zone (FTWZ) at Raigad, in Maharashtra. ...

Dubai's Real Estate Suffering Drop in Prices that Forced Staff Cut and Project Delays

Dubai's once-booming real estate sector is suffering a drop in pricing that is leading banks to rein in lending...
Press Release Point (press release) - Madruai, Tamilnadu, India
Dubai's once-booming real estate sector is suffering a drop in pricing that is leading banks to rein in lending and forcing developers to cut staff and delay their projects. ...

Dubai Property Rises Destress Sales

Lending drought dries up Dubai property
Business Report - Johannesburg, South Africa
The classified ads in Dubai read like an obituary for a property market that, until a few months ago, seemed immune to the global credit crisis. ...

Dubai-based Meraas Development Reconsidering Plans

Dubai reconsidering plans
The Move Channel - London, UK
Dubai-based Meraas Development, which has unveiled a £63.8 billion property project since being formed just two months ago, says it is now reconsidering its plans in light of the economic slump...

Good Time to Invest Dirhams in UK Property Market

All eyes West as many eye property in the UK
GulfNews - Dubai, United Arab Emirates
Dubai: In the typically hit-and-miss world of real estate, it seems now is a good time for investors to put their dirhams also into the UK property market, in addition to the UAE, as exchange rates continue to be low. ...

Qatar Properties Escapes Worst Turmoil

Exuberance punctured
Financial Times - London, England, UK
While the drama of a real estate shake-out unfolded in Dubai this autumn, property investors in Doha were quietly hopeful they would escape the worst of the turmoil thanks to Qatar's firm oil and gas fundamentals. ...

EFG Hermes: Aldar, Sorouh and UP can Ride Out Malaise

Aldar, Sorouh and UP Rated as 'buy'
Khaleej Times

DUBAI - Abu Dhabi-based Aldar Properties and Sorouh Real Estate and Dubai's Union Properties can ride out the property malaise, said EFG Hermes.

EFG Hermes maintained its "buy" rating for Sorouh Real Estate and raised its target price to Dh14.3, a hefty upside over its closing price of Dh3.43 last Monday. ...

Emaar Properties and Dynasty Zarooni launching New Range of Schemes

Scheming developers in Middle East
The Move Channel - London, UK
As Dubai continues to dominate the property headlines for all the wrong reasons, developers in the Middle East have started a real push to entice new buyers by offering a host of new schemes...

Rise of Persian Gulf Architecture

Middle East special: The rise and rise of Persian Gulf architecture
Telegraph.co.uk - United Kingdom
In Arabia, a brave new world is rising up to sweeten life after oil. From Dubai Towers, The Pearl and Gehry's Guggenheim to the gleaming Sheikh Zayed mosque, vision, energy, money and dizzying tourist numbers are the foundation stone. ...

Dubai's Export to Cushion Impact

Dubai exports to GCC countries still strong
GulfNews - Dubai, United Arab Emirates
Dubai: Dubai's exports to major markets, affected by the credit crunch, could fall in 2009, but trade with other countries such as India could cushion the impact, UAE-based exporters said. ...

UAE will Dodge a Severe Blow from Global Economic Crisis

UAE's wealth cushions impact of crisis
Saudi Gazette - Riyadh, Saudi Arabia
DUBAI - UAE will be able to dodge a severe blow from the global economic crisis as the country is viewed to still maintain fiscal surplus in 2008 and 2009 ...