Following the ISIL offensive on Mosul, over 275,000 people from Mount Sinjar area - including a vast majority of Yazidis - were driven out of their homes. Abandoned Yazidi settlements were either systematically demolished or seized by ISIL fighters. Some 6,000 homes are thought to have been destroyed or burned down in the district of […]
Tag Archives | property
Tags: caliphate, featured, International Organization for Migration, IOM, ISIL, ISIS, Islamic State, land, property, Sinjar, terrorism, United Nations, Yazidis, Yezidis
"No Houses for the Arabs" in Kurdistan
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. No Houses for the Arabs: Iraqi Kurdish Council's Controversial Ruling About Who Can, and Cannot, Buy Property Tensions between displaced Arabs in Iraqi Kurdistan and local Kurds are growing. Which […]
Tags: British Business Group Kurdistan (BBGK), featured, Housing, property, real estate, Sulaymaniyah
Iraqis Main Buyers of Turksh Property
By John Lee. According to data released by the Turkish Statistics Institute (TÜİK), Iraqi citizens purchased 763 houses in Turkey in July and August, making Iraq the biggest foreign buyer of houses in Turkey. Iraq was followed by Saudi Arabia with 504 houses, Kuwait with 373 houses, Russia with 350 houses and the U.K. with […]
The Real Estate Wreckers of Basra
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Real Estate Wreckers: While Ordinary Basra Families Suffer, A New Upper Class Profits Real estate prices in Basra are rising dramatically thanks to the oil industry, the province’s economic prowess […]
IS Now In Real Estate Business
By Editor on 10th October 2014 in Construction & Engineering In Iraq, Iraq Industry & Trade News, Security
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Money-Making Plots: Extremists Now In Real Estate Business In Mosul The Sunni Muslim extremist group that has taken over the northern city of Mosul has a new source of income: […]
Dubai Proposes Twinning with Erbil
Last week the Municipality of Dubai proposed a twinning project with the capital of the Kurdistan Region, Erbil, to foster cooperation on a number of issues, especially regarding the real estate market, e-governance and reducing bureaucracy in government institutions. The proposal came at a Kurdistan – United Arab Emirates trade forum held in Erbil on […]
Empire World "On Track" for 2017 Completion
The vast Empire World real estate development -- the largest such development in Iraq -- is a centerpiece of the KRG's continued emphasis on creating a business friendly environment, including a luxury hotel, a villa residential neighborhood, and a surfeit of turnkey office space, all in one sprawling complex. Slated for completion in 2017, the […]
New Report on Erbil Property
Erbil's IKG Property has issued its Q4 2013 Report which covers Erbil’s Industrial, Retail and Residential markets. The report gives an overview of each sector, explores the supply and demand dynamics and give a brief snapshot of the serviced apartment sector. Click here to download the report from our Reports section.
Urban Development in Post-Conflict Cities
By Editor on 21st February 2014 in Blog, Construction & Engineering In Iraq, Iraq Industry & Trade News, Politics
By Leanne Case. Solidere Beirut: A Good Practice Example of Urban Development for Other Post Conflict Cities to Follow? So many towns and cities have failed to achieve comprehensive regeneration in the aftermath of war. This paper, an abridged version of my MSc dissertation, explores the private sector led renewal model used in Beirut, commonly […]
The Most Expensive Property in Iraq is ...
By Editor on 7th November 2013 in Blog, Construction & Engineering In Iraq, Leisure and Tourism in Iraq
Ask anyone where the most expensive property is in Iraq and you might expect to hear Baghdad, the capital, or Basra, the hub of the southern oil industry. But according to this report, the highest prices are being paid for development land in Karbala, site of the shrine of Imam al-Hussein, the grandson of the […]
Karbala Boasts Iraq's Most Expensive Property
By Ibrahim al-Jibouri. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Karbala Real Estate Boom: Sacred City Boasts Most Expensive Property in All Iraq The prosperous southern city of Karbala has not only got some of Shiite […]
Damac Begins Work on Princess Tower
Dubai-based DAMAC Properties has announced a comprehensive strategic plan to expand its operations to Iraq. The company has begun work on Princess Tower – a 26-storey, luxury furnished apartment complex in the heart of the Iraqi capital, Baghdad. The US$ 100 million project is the first stage of a long-term commitment to the country, said […]