The region's property markets have started seeing "green shoots of recovery" in the first quarter, according to a new report today from Jones Lang LaSalle.
Read it here:
- MENA economies are making progress on 12 of 17 key requirements for
recovery, including recapitalising the banks, reducing supply of future
units and "concerted government action" to address issues caused by the
global financial crisis
- Saudi Arabia and Qatar are considered the most lucrative property markets in the region
- There will likely be further price drops for the next six to 12 months
-
A positive result of the downturn is that the entire region's property
market will become more mature and in line with global standards
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Titanium Escrow profile
Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue
Stage: Early stage
Investors: Founder's friends and Family
Race card
5pm: Maiden (PA) Dh80,000 (Turf) 1,600m
5.30pm: Handicap (PA) Dh80,000 (T) 1,600m
6pm: Arabian Triple Crown Round-1 Listed (PA) Dh230,000 (T) 1,600m
6.30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 1,400m
7pm: Maiden (PA) Dh80,000 (T) 1,200m
7.30pm: Handicap (TB) Dh100,000 (T) 2,400m
