Global ambitions of the Middle East put under the spotlight

EG is putting the global ambitions of Abu Dhabi, Dubai and the UK under the spotlight through events in Abu Dhabi and Dubai, as well as providing a platform to reinforce investment and trade links between the UK and Middle East.

In partnership with the UK government’s Department for International Trade and international real estate adviser Cluttons, this is a two-part tour for a delegation of UK real estate leaders who can demonstrate compellingly the case and opportunities for Middle Eastern investment into the UK, and who will benefit from face-to-face networking with key investors.


THE TOUR

The Middle East Real Estate Forum Abu Dhabi / 25 April  Dubai Armani Hotel, Burj Khalifa / 26 April

Click here to find out more details


NEWS AND ANALYSIS

■ Nakheel: Weathering the storm

One of Dubai’s biggest developers has just under £1bn of real estate opportunities up for grabs, and the door is wide open to European investors. Nakheel boss Ali Rashid Lootah tells Emily Wright why the time has come for an Emirati revival. Read more…

Dubai woos UK investors

Opportunities for UK investors in Dubai will last for the next 12 months at least, according to local developer Nakheel. Read more…

■ TMT drives Dubai office take-up

The tech, media and telecoms sectors are the “star performers” in Dubai’s offices sector, driving take-up levels and showing no sign of a slow-down in a market that is otherwise correcting itself. Read more…

Dubai mega-tower ‘pushes the limits’

Dubai’s newest skyscraper, which is set to become the world’s tallest building when completed in 2020, “pushes the limits” of what can be achieved in property, according to the scheme’s architect. Read more…

Amazon to buy online Souq.com

Amazon is paying $650m (£523m)-$750m to buy Dubai-based online retailer Souq.com, in a deal signed this week, according to people with knowledge of the matter. Read more…

UK delegation seeks to reassure Middle East investors

A delegation of UK real estate leaders will travel to Abu Dhabi and Dubai this month to reassure investors that the UK is a valuable place to invest in spite of Brexit. Read more…

■ Abu Dhabi brings brief home

The Abu Dhabi royal family is considering bringing the management of its vast London estate in house, potentially ending a lucrative long-term contract with Lancer Property Asset Management. Read more…

■ London and Dubai: vanguard cities

Turmoil in the oil markets this year has seen Middle Eastern institutions become more cautious in their property buying. As a result, London could soon see sovereign wealth funds from the region sell assets and repatriate money as governments look to make up deficits created by the subdued oil price. Read more…

To send feedback, e-mail Rebecca.Kent@egi.co.uk or tweet @Writer_RKent or @estatesgazette