Month: September 2007

Polls suggest Bulgarian is set for major price increase

Results from a recent real-estate poll have got the press excited in Bulgaria. The Bulgarian media are reporting that the price of property in Bulgaria could rise significantly in the next few months. According to the Sofia Echo, a poll by various media outlets has shown that real-estate agents across the country widely expect property… Read more »

Bulgaria to join Schengen Agreement in 2010

Bulgaria can join the Schengen Agreement in 2010 or the beginning of 2011 as part of Bulgaria's European integration. Foreign Minister Ivailo Kalfin made the statement at a meeting with the Confederation of Employers and Industrialists in Bulgaria on September 19 2007, commenting that accession into the Schengen Agreement would mean a lot of hard… Read more »

New home loans available for UAE nationals

The National Bank of Dubai (NBD) has announced the launch of NBD Offset Home Loans, the first offset mortgage product in the UAE. This new product available to UAE nationals is a mortgage loan with an associated high interest yielding current account. The key feature of the loan is that the mortgage balance is offset… Read more »

Select Property launch Global Property Review

Select Property has launched the latest addition to their Exclusive Content, an online resource available to everyone. Designed to aid customer research into investment opportunities and find out about local and world property markets; Exclusive Content offers a range of documents in the Research Library, launched this summer. Now in addition to the detailed Research… Read more »

Turkey benefits from lack of British summer

Turkey's tourist trade has directly benefited from this year's wet summer in the UK. During July, Europe saw a rush of people purchasing last-minute foreign holidays because of persistent bad weather in Britain. Turkey was one of the most popular sunny destinations, with Cyprus and Majorca also popular. The increased popularity of Turkey among holidaymakers… Read more »

Dubai to buy large stake in stock exchange

The government-controlled stock exchange in Dubai is expected to announce today that it plans to take significant ownership in the New York Nasdaq stock exchange and the LSE. Should the deal go through, Dubai would become the first Middle Eastern government to own a large stake in an US stock exchange. It also is expected… Read more »

Dubai Metro – first two trains completed in September

Senior officials in Dubai have said that he manufacturing of the first two trains of Dubai Metro is expected to be completed this month. These two trains will then undergo functional tests, monitoring air supply, brake, air-conditioning and doors systems under both static and dynamic conditions. This is an important milestone for Dubai Metro; the… Read more »

First two Dubai Metro train tested

Senior officials in Dubai have said that he manufacturing of the first two trains of Dubai Metro is expected to be completed this month… Read full story Dubai Property News