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REAL ESTATE

Andersen Global Signs First Agreement in Bahrain

May 22, 2019

Andersen Global Signs First Agreement in Bahrain

Andersen Global today announced its first collaboration agreement in Bahrain with independent consulting firm Awael Al Bahrain Management Consultancy (Awael). Andersen Global is committed to building a strong and effective practice in the Middle East and the collaboration with Awael is the next step in this process.

Abbas Radhi"... Continue Reading

ResMed Study Finds CPAP Adherence Improved by Remote Monitoring, Self-Monitoring across 3 Countries

May 22, 2019

ResMed Study Finds CPAP Adherence Improved by Remote Monitoring, Self-Monitoring across 3 Countries

Remote monitoring and patient self-monitoring can drive CPAP adherence for people with sleep apnea, according to research presented by ResMed (NYSE: RMD) (ASX: RMD) at the American Thoracic Society’s 2019 ATS International Conference.

Average adherence to PAP (positive airway pressure), the gold standard for treating sleep"... Continue Reading

Moldova Citizenship-by-Investment Program Completes First Successful Application

May 22, 2019

Moldova Citizenship-by-Investment Program Completes First Successful Application

As concessionaire of the Moldova Citizenship-by-Investment (MCBI) program, Henley & Partners is pleased to note the successful completion of the first citizenship-by-investment application in the country. Henley & Partners has over 20 years of experience in strategic consulting, working with sovereign states around the globe in the design, set-up, and operation of the world’s most respected investment migration programs. The completion of the first citizenship-by-investment application process in Moldova clearly illustrates the features that are at the core of the MCBI program: impressive efficiency and a firm commitment to best practice. Within a three-month window, applicants are thoroughly screened in a multi-stage due diligence process that ensures only highly credible international investors are granted Moldovan citizenship. There are...... Continue Reading

Dubai’s Holiday Home Market Is Ahead of the Curve

May 20, 2019

Dubai’s Holiday Home Market Is Ahead of the Curve

The holiday home market is heating up in Dubai, with significant growth driven by the increasing influx of foreign and Arab tourists opting for the high level of service that the emirate provides in this sector.

Despite the fact that it was launched by the Dubai Department of Tourism and Commerce Marketing (DTCM) only recently,"... Continue Reading

Move to transfer free zone to private property

May 19, 2019

Move to transfer free zone to private property

KUWAIT CITY, May 18: The Committee in the Capital Municipal Council will discuss during its meeting next Monday under the chairmanship of Dr Hasan Kamal, the request to transfer the free zone in Shuwaikh to a private property, a multi-purpose commercial zone, reports Al-Anba daily.

The agenda includes the proposal submitted by"... Continue Reading

Kuwaitis continue real estate acquisitions in Turkey

May 18, 2019

Kuwaitis continue real estate acquisitions in Turkey

According to latest statistics from the Central Bank of Turkey, Kuwaitis purchased a total of 202 real estate properties in Turkey, ranking them fourth largest foreign purchaser of Turkish real estate in 2018.

Sharing the fourth place with Kuwaitis were the Russians who bought an equal number of properties in Turkey last year."... Continue Reading

Bid to expedite 2 isles development

May 18, 2019

Bid to expedite 2 isles development

KUWAIT CITY, May 16: Cabinet has formed a ministerial committee with representatives from concerned bodies to speed up the procedures of developing the two artificial islands attached to Sheikh Jaber Al-Ahmad Al-Sabah Causeway, reports Al-Qabas daily quoting reliable sources. The decision is based on directives issued by HH the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah to invite investors"... Continue Reading

Jaber Causeway islands put up for investment

May 15, 2019

Jaber Causeway islands put up for investment

KUWAIT: Upon instructions from His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah to put up the two artificial islands attached to the Sheikh Jaber Al-Ahmad Al-Sabah Causeway for investment for touristic and entertainment purposes, the Cabinet formed a ministerial team including representatives of the concerned bodies to accelerate the procedures for developing the two islands.

"... Continue Reading

Kuwait to fund reconstruction of Iraq border crossing

May 13, 2019

Kuwait to fund reconstruction of Iraq border crossing

Kuwait will fund the reconstruction of a main border crossing with Iraq, the Iraqi authorities said Sunday.

In a statement, the Border Crossing Authority said a memorandum of understanding (MoU) has been signed between the two countries to prepare the infrastructure for the Safwan border crossing.

“The"... Continue Reading

Kuwait revives debate of 5% expat tax on remittances

May 13, 2019

Kuwait revives debate of 5% expat tax on remittances

Talks to introduce a 5 percent tax on expat remittances have been revived, according to several media reports.

A member of parliament (MP) has started collecting signatures in a bid to table a motion on the issue before the National Assembly, according to a report by the Kuwait Times.

The"... Continue Reading

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