Business Blog

Pressure eases on rental rates for The Pearl-Qatar as new stock hits market while tenants across city reconsider location as rents rise elsewhere; aggregated value of sales transactions up 35% in Q1 2014 despite price-conscious buyer attitude.

Land sales continue to dominate movement in Doha's real estate sector, representing approximately 77 percent of all property transactions in the last three months with the total value topping QR7.35bn, Asteco Qatar's Q1, 2014 report noted

Statistics released by Qatar show that Doha’s property market has grown substantially quarter-on-quarter, with a 29 per cent increase in the number of transactions between the fourth quarter of 2013 and the first quarter of 2014, with the aggregate value of sales reflecting a 35 per cent increase.

Several Haj and Umrah pilgrimage establishments have stopped accepting applications for Umrah visas from pilgrims over 60, as well as children, following a Health Ministry advisory to that effect as part of measures to contain the MERS virus.

Etihad Airways is looking to hire cabin crew members in Lebanon. The airline is expected to hire up to 200 candidates to join the team of cabin crew, food and beverage managers, and inflight chefs.

Statistics released by the Ministry of Justice (MoJ) reveal that Doha's property market has grown substantially quarter-on-quarter, with a 29% increase in the number of transactions between Q4 2013 and Q1 2014, with the aggregate value of sales reflecting a 35% increase.