Middle East property still attracting investor attention

23/11/2010 - Dubai Investment News
Middle East property still attracting investor attention

Posted by Neil King

The Middle East's real estate sector is continuing to attract investor attention despite global economic conditions, new research suggests.

According to a study by Zawya, an online business intelligence platform in the region, the most popular projects being tracked by professionals are in the oil and gas sector (30 per cent), followed by real estate (19 per cent), power and water (18 per cent) and infrastructure (16 per cent).

The results, which were taken from Zawya's Projects Monitor facility, have been released to coincide with the Big 5 international building show in Dubai, which runs until November 25th.

In terms of specific project interests, it was also reported that one of the most widely viewed developments in the Zawya Projects community has been the $40 billion ENEC nuclear power plant in the UAE.

Zawya, which is participating in the Big 5 show, said its Projects service allowed business decision-makers to navigate the region's current initiatives and developments with confidence.

"Its ability to link and standardise detailed company intelligence along with news and research on one platform is what makes it user-friendly and unique," said Areej Sharif, head of construction community at Zawya.ADNFCR-2019-ID-800252272-ADNFCR