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Affordable housing offers big opportunities for investors, developers in Saudi Arabia SAUDI ARABIA. Kingdom faces a potential shortfall of up to one million housing units in the Kingdom over the next three years, says Jones Lang LaSalle, driven by demand from the young, fast growing and rapidly urbanising population. Business Intelligence Middle EastEuropean, U.S. stocks down amid recovery caution LONDON (AP) — European and U.S. stock markets fell Friday amid low trading volumes before the weekend as investors remained cautious about chasing a three-month rally much higher without further... bignewsnetwork.comTextile, cement attractive scrips on KSE Sunday, June 14, 2009 By our correspondent KARACHI: Changes to investor portfolios according to expectations of the market about budget sparked cautious buying at the Karachi stock market during t... India GazetteBuilding a portfolio is trickier as global economy realigns - Boston Globe: Business The markets have been rebounding in recent weeks, but investors are still reeling from more than a year of disastrous stock performance. Globe reporter Beth Healy recently spoke with Merrill Lynch & Co. senior vice president Raj Sharma about the state of the market and what advice he'd give to discouraged investors trying to save for retirement and other needs. NewsRackSix Flags, a Gates investment, seeks Chapter 11 Theme-park owner Six Flags Inc., with Bill Gates' investment company Cascade Investments LLC as a large investor, has initiated Chapter 11 bankruptcy proceedings, Six Flags announced today. Biz JournalBlackRock lands BGI funds, Barclays boosts capital BlackRock Inc , the fund manager that has been one of the biggest winners of the credit crunch, has snapped up Barclays Global Investors for $13.5 billion in a deal creating the world's largest money manager. Topix.netSaudi bourse jumps 2.59% Saudi Arabia's Tadawul index gained 2.59%, breaking through the 6,000-barrier again. The Tasi index closed at 6,094.91 points amid stabilizing high oil prices and slightly higher US exchanges. The bank and financials services index (up 4.17%) in particular lifted the market with Alinma Bank (1.06% higher) trading most actively by volume. The Saudi advances might signal to GCC investors that they will face a bullish week at the other exchanges. AMEIs it time for the vultures - Crain`s Chicago Business June 15, 2009 Vulture investors are circling Chicago's real estate landscape, but few are swooping yet. Ironically, some of the vultures are real estate developers ? the very people many observer... Big News NetworkIcahn mulls another run at Delphi Corp: report CHICAGO (Reuters) - Activist investor Carl Icahn is considering making another attempt to take over bankrupt auto parts supplier Delphi Corp, the New York Post reported on Saturday. ReutersAffordable housing offers significant opportunities for investors and developers in Saudi Arabia Future demand for affordable housing in Saudi Arabia will provide significant opportunities for both developers and investors over the next few years, according to the latest MENA (Middle East North Africa) House View report published by Jones Lang LaSalle, the world?s leading real estate investment and advisory firm. AME1 2 3 |
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