Property News
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Cypriot President Dimitris Christofias and Qatars Emir Sheik Hamad bin Khalifa Al-Than signed an agreement establishing a joint, Cyprus-Qatar consortium to build a 55,000 square-meter hotel, shopping office and residential complex.
The deal between the Cyprus government and the Qatari Diar Real
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An economist at the General Directorate of Endowments, when speaking during a workshop on Management and Investment of Awqaf Money, mentioned that real estate constitutes nearly 60percent of Awqaf (endowments) assets in Qatar, while shares and capital in joint venture companies like Aqar Real Estate
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This, however, comes as good news to expatriate limited-income families, who are compelled to live in small-sized accommodations or shared villas.
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