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News Archives - August 2008

We source and regularly update only the most relevant property news items from across the world and place them at your fingertips...

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Tenerife Spends More To Gain Tourists

The Spanish Canary Island of Tenerife, the largest of the Canary Islands, is already one of the most sought after tourist destinations in the world. To remain as such while much of Europe faces...

Spain Flag Spain (Sunday, August 31, 2008) Full Story >>

 

Investment News

EU membership will help long-term Turkish growth, says expert

Sample Image A property expert has said the Turkish market is growing quickly even without the country being a European Union (EU) member. Turkey is a can..... Full Story >>

Turkey Flag Turkey  (Friday, August 29, 2008). 

 
Editors' Choice News

Cyprus listed as top tip for investors

Sample Image Cyprus is an outstanding place for overseas property investors to put their money as it is outperforming most other markets, it has been stated. <..... Full Story >>

Cyprus Flag Cyprus  (Thursday, August 28, 2008). 

   
Commercial News

Kuwait Finance invests in China realty project

Sample Image Kuwait Finance House (KFH), the Gulf state's biggest bank by market value, said on Saturday it was investing $275 million (Dh1 billion) in a real esta..... Full Story >>

China Flag China  (Saturday, August 30, 2008). 

 
Other News

Brazilian ethanol development announced

Sample Image An American investment group has moved to join forces with Brazil's leading ethanol producer Cosan.The new company will be called Radar and will purch..... Full Story >>

Brazil Flag Brazil  (Thursday, August 28, 2008). 

   
Rental & Lettings News

Residents of housing area given three months to buy out land

Sample Image City of Tallinn has given the residents of Aaviku housing area three months to come up with the money for land.... Full Story >>

Estonia Flag Estonia  (Tuesday, August 26, 2008). 

 
Funds News

GCC set to be global hub for funds industry

Sample Image The GCC is expected to become an international centre for asset management in the next decade, said experts at a seminar organised by the Dubai Intern..... Full Story >>

United Arab Emirates Flag United Arab Emirates  (Thursday, August 28, 2008). 

   
Mortgage News

Downturn in property market means strategies needed to sell

Sample Image With the downturn in the property market, more homeowners are finding traditional sales methods are not working for them.... Full Story >>

New Zealand Flag New Zealand  (Saturday, August 30, 2008). 

 
Economic News

Rural Development Project in Dhamar discussed with IFAD

Sample Image Dhamar Governor Yahya al-Amari held a meeting on Tuesday with the delegation of the International Fund for Agricultural Development (IFAD) on activiti..... Full Story >>

Yemen Flag Yemen  (Sunday, August 31, 2008). 

   
Legal News

Dubai Clamps Down On Illegal Off-Plan Sales

Sample Image The Government of Dubai wants property developers to register their holdings and stop selling unregistered properties "off plan".... Full Story >>

United Arab Emirates Flag United Arab Emirates  (Thursday, August 28, 2008). 

 
Tax News

Reform Party ready to halt tax reform for a year

Sample Image Reform Party announced that they are ready to halt the income tax reform for one year on certain terms, ERR News writes.... Full Story >>

Estonia Flag Estonia  (Thursday, August 28, 2008). 

   
Currency Exchange News

Inflation-hit Iran to lop zeros off currency

Sample Image Iran is to lop several zeros off its currency as it battles double-digit inflation, central bank vice president Hossein Ghazavi said in comments publi..... Full Story >>

Iran Flag Iran  (Thursday, August 28, 2008). 

 
Construction News

Wanted: Architect to build Beirut's world-class House of Arts and culture

Sample Image A joint plan between the Lebanese and Omani governments to build a world-class House of Arts and Culture in downtown Beirut is taking shape - and seek..... Full Story >>

Lebanon Flag Lebanon  (Thursday, August 28, 2008). 

   
Travel News

Sri Lanka is Becoming the Shopping Centre of South Asia

Sample Image Sri Lanka, the navigational hub of the Orient in the ancient world, is an island in the Indian Ocean. From north to south it has a maximum length of 4..... Full Story >>

Sri Lanka Flag Sri Lanka  (Sunday, August 31, 2008). 

 
Technology News

Ericsson to Build, Operate Network for 'Smart City'

Sample Image Emaar, The Economic City, the Tadawul-listed company developing King Abdullah Economic City, has awarded a SR320 million ($85 million) strategic agree..... Full Story >>

Saudi Arabia Flag Saudi Arabia  (Thursday, August 28, 2008). 

   
Environmental News

Calling US Hypocrite Is Not the Best Way for Brazil to Save the Amazon

Sample Image On July 21, 2008, a researcher from the Council on Hemispheric Affairs (COHA) met with the Brazilian ambassador to Washington, Antonio de Aguiar Patr..... Full Story >>

Brazil Flag Brazil  (Wednesday, August 27, 2008). 

 
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