The minarets of Istanbul’s Hagia Sofia, an iconic part of the city’s skyline, will soon be joined by a tower to become one of the tallest buildings in Europe. The Scottish-designed tower, part of “...
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Economic Update | Turkey: Retail rules in real estate
14 Mar 2012
Economic Update | Kuwait: Growth in store for retail
12 Mar 2012
The completion of a sizeable local tower project, continuing expansion of the country’s largest mall and moves by a major Kuwaiti retail firm into the UK market have underlined the rising growth and...
Economic Update | Abu Dhabi: Trend to lend
9 Mar 2012
The four largest banks in Abu Dhabi reported an increase in annual profits for 2011 and, in two cases, have substantially exceeded analysts’ expectations. Meanwhile, lending in the UAE overall was up...
Economic Update | Oman: Spending on building
9 Mar 2012
With an increase in both government and private sector spending as a series of new infrastructure, tourism and social services projects are rolled out, Oman’s construction sector is set to experience...
Economic Update | Turkey: Connecting continents
7 Mar 2012
Istanbul’s public transport system is set to be radically overhauled by the addition of an underwater transit tunnel, new train stations and a possible third bridge over the Bosphorus. The most...
Economic Update | RAK: Global vision in energy
1 Mar 2012
Local energy firm RAK Petroleum Public Company has put the final touches to a merger deal that gives its shareholders a stake in lucrative operations across the Gulf region and beyond. Last month,...
