International Expat News relating to the MIDDLE EAST
|
|
Funds
|
|
Tuesday, 08 April 2008 04:21 |
|
 Assets under management by Bahrain |
|
|
News
|
|
Friday, 17 August 2007 04:12 |
|
Overseas property buyers are increasingly choosing to purchase homes in Dubai, according to experts
Overseas property buyers are increasingly choosing to purchase homes in Dubai, according to experts.
Investors Provident said that many of the buyers were looking to use
the properties as holiday homes rather than investment opportunities.
The firm stated that the good weather and the growing tourist industry were tempting many to relocate there permanently.
Shahid Iqbal, partner of Investors Provident, commented: "More and more people are going there. |
|
News
|
|
Wednesday, 15 August 2007 05:15 |
|
The integration of the national database under the Kingdom's e-government strategy will revolutionise the existing system of immigration, health screening and clearance related formalities for expatriate workforce.
The previous system of work and residence permits will be replaced with 'Work Visa' to be processed in 10 days from a previously long and tedious process, a government official who is heading the project said yesterday.
The chief executive of the Labour Market Regulatory Authority (LMRA), Ali Radhi, said that 10 days would be the maximum time for the processing of applications related to expatriate workforce.
All employers are required to register with the LMRA under the initiative. However, there is no law to make it obligatory for sponsors to register with the LMRA. |
|
News
|
|
Tuesday, 14 August 2007 06:53 |
|
 The outlook for Egypt's banking system is stable, reflecting continued progress with the reform programme together with an improving operating environment.
According to the latest Banking System outlook from Moody
|
|
|
News
|
|
Thursday, 02 August 2007 00:56 |
Rents are at an all time high in Doha. A one bedroom apartment can
range anywhere from $2,000 to $4,000 per month with large companies
taking entire residential buildings on package deals to house their
employees.
At the moment, demand is still outstripping supply. Industry experts
put the figure at four to one, leading many tenants to purchase new
property in some of the upcoming real estate projects instead of
renting. Buyers range from people looking for a new home, to investors
looking for "buy to rent" properties.
The majority of the demand is coming from the professional expatriate
community and Qatari residents. Ahmed al-Shaer, president of ERA Real
Estate, told Oxford Business Group (OBG) that there has been a shift in
home-purchasing trends. Facing such high rents, expatriates and their
families are now looking to purchase homes. Mortgages rates are much
lower than current monthly rental costs.
|
|
News
|
|
Thursday, 02 August 2007 00:31 |
 British residents buying in Dubai will be able to borrow up to 70% of a property's value.
National Bank of Dubai will provide mortgages to British residents
buying property in the Gulf emirate through a deal with UK mortgage
adviser John Charcol, the Dubai bank said.
Dubai kicked off the real estate boom in the Gulf Arab region in 2002
when it allowed foreigners to invest in property, although a law
allowing formal 99-year leases and limited freehold ownership was not
announced until last year.
|
|
News
|
|
Tuesday, 10 July 2007 04:57 |
|
 Egypt is set to see record net foreign direct investment (FDI) flows of more than $10bn in the current fiscal year ending June, reports Egypt
|
|
|
|
|
<< Start < Prev 1 2 Next > End >>
|
|
Page 1 of 2 |
