Middle East with GCC regions are famous because they have lots of oil sources, they have real estate business there, and also known for tourist life style including night life. Even though, they are Arabic, country but they accepted to welcome world’s culture in GCC.
www.uaebusinessdirectory.com
For muslim country, this is not so acceptable to be so open in relationship, night life style but UAE accepted it because they want to be one of best tourist places in world. So avoiding its religion rules, they accepted world’s life style. As they are concentrating to tourist places, they are making it full of buildings, and other places style. Therefore, over all real estate opportunities are there.
Based on companies, budget, their profits, we have some real estate companies below.
Ezdan Real Estate Company – this is Qatari company, which is engaged in ownership, development, trade and investment. Established on 196o, this is public ownership and stock listed company. Based on financial status, this has 372,715,812.02 USD net profits.
Emaar Properties – handling world’s largest building Burj dubai, this is still world’s largest developer company. Established in 1997, this is public ownership and joint stock company. Major shareholder of this company is Investment Corporation of Dubai. For this company, net profit is 831,875,136.14 USD.
Aldar Properties – Abu Dhabi’s largest real estate company is building Yas Marina F1 projects which has cost of $40bn in Abu Dhabi. Established in 2004, this is public ownership and joint stock Company. For financial conditions, this has net profit of 938,431,986.50.
Sorouh Real Estate: Sorouh Real Estate to aldar company, this is second largest company in Abu Dhabi. Established in 2005, this is public ownership and Jointstock Company. Major shares are held by Al Gouad Financial Investment and its net profits is 505,924,090.61. it has 16,939,393,000.00 and its value is 4,612,119,636.24 USD.
UAE and Middle East making them self more real estate based business so that they may make our places to be good tourist places.
