By John Lee. Housing prices in Iraqi Kurdistan have reportedly increased by 20 percent in 2018, while rents has gone up by 15 percent. Citing research from real estate company Baghi Khoshnawati, Rudaw says that demand for rental accommodation in the second half of 2018 has increased by 45 percent compared to the first half […]
Tag Archives | real estate
Tags: Accommodation, Baghi Khoshnawati, Erbil News, featured, Housing, Italian Village, Kurdistan News, property, Property Market, real estate
64,000 New Homes Planned for Al-Rashid City
By John Lee. Zawya reports that the Iraqi cabinet has asked the National Investment Commission (NIC) to go ahead with the huge Al-Rashid City project planned for Baghdad. The $10-billion development is to be carried out by Dubai’s Emaar Properties and Abu Dhabi’s Eagle Hills, and will include the building of “up to” (sic) 64,000 […]
Tags: Abu Dhabi, Al-Rashid City project, dubai, Eagle Hills, Emaar, featured, Housing, National Investment Commission (NIC), property, real estate, United Arab Emirates (UAE)
Families Sell Homes at Half Price, Fuelling Real Estate Boom
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. Anbar Families Seeking Safety Sell Homes At Half Price, Fuelling Real Estate Boom If there is one winner in the province of Anbar right now, it may well be those […]
Iraqis Offer Turkish Firms $200m Project in Baghdad
By Editor on 22nd January 2017 in Construction & Engineering In Iraq, Investment, Iraq Industry & Trade News
By John Lee. Following a visit by the Turkish Prime Minister Binali Yıldırım (pictured) to Iraq last week, an Iraqi business delegation has come to Turkey and proposed a $200-million construction project in Baghdad to Turkish businessmen. Tevfik Öz, a member of the board of the Turkish-Iraqi Business Council, told Daily Sabah that the Iraqi […]
How Iraqi Real Estate became Subject of Corrupt Dealings
By Wassim Bassem for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. When the Iraqi Commission of Integrity Court entered a default judgment Oct. 16 against the head of the Karbala Real Estate Registration Directorate, ordering her imprisonment for tampering with […]
Tags: Baghdad, Commission of Integrity, Corruption, featured, Karbala, Kerbala, property, real estate, Real Estate Registration Directorate
Kurds Agree Arabs Can Own Real Estate, Sparking Controversy
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. Kurdish Agree Arabs Can Own Real Estate, Sparking Controversy Last week, the governor of Sulaymaniyah ruled that Arabs could own houses and land in the area. The new rule sparked […]
IS Sells Properties Left by Kurds in Mosul
By John Lee. BasNews reports that the Islamic State group (IS, ISIS, ISIL, Daesh) is allegedly attempting to put residential buildings taken from civilians in Mosul on sale. A source told the news agency that IS confiscated “more than 126” (sic) houses left by Kurds and Christians in Mosul, and is now selling the houses […]
Tags: caliphate, Christians, Daesh, featured, ISIL, ISIS, Islamic State, KDP, Kurds, Libya, Mosul, property, real estate, terrorism
“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
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 […]
Iraq Calls For Foreign Investment For New Housing
By John Lee. Iraq’s housing minister Mohammed al-Darraji says that the country is planning to spend $5bn on new housing units in the next 3 years, but that the required 2.5 million new units will not be complete on time to meet demand, Rebuilding Iraq reports. Currently there will only be 130,000 new units by next year, […]