This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

Middle East Has Growth Potential

First name: 


Last name: 


Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category


real estate  oil  Middle east  Dan McLaughlin  renewable energy  Danet Al Midmar  Gulf News 

Middle East Has Growth Potential

By - Wednesday 13 October 2010

Sustained spending on property in the Middle East is likely to continue, it has been claimed. The region possesses much growth potential, which will be recognised by investors.

According to Cityscape Global, the presence of oil in many GCC countries means that there will always be a market for real estate. Dan McLaughlin, executive manager of Danet Al Midmar, explained to Gulf News: "The world's appetite for oil won't go away. As much regard as I have for renewable energy, it's a great niche application."

And while Mr McLaughlin told the news provider that there still remained certain risks surrounding buying real estate in the region, citing over-building, repossession rights, local ownership and what he termed debtor's prison obstacles, he added that there is an opportunity to introduce the latest technology into the construction sector.

"Technologies make construction faster, better and less expensive, but one has to come in as a solutions provider, not with product sales," he said.

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here



*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.

«« Back to IPIN Live

Follow IPIN Global

Latest Content

Recent Comments

Powered by Disqus