http://www.buildexonline.comThe latest news and journals from all over the world.Copyright 2008 - 2009 buildexonline.com. All rights reserved.Investors from the Gulf and beyond are showing greater interest in Syria's burgeoning real estate sector, which has managed to outpace GDP growth in the country over the past few years. Arab investors operating in Syria affirm that domestic property projects normally generate substantial returns on investment while posing minimal risks. This positive outlook is expected to sustain the local real estate industry's average annual growth rate of 8.8 per cent. Syria's real estate sector has grown significantly after reforms were implemented less than a decade ago to allow private and foreign industry participationhttp://www.buildexonline.com/buildexonline2009/detail.asp?id=143603-5-2010http://www.buildexonline.com/buildexonline2009/detail.asp?id=135609-2-2010http://www.buildexonline.com/buildexonline2009/detail.asp?id=135599-2-2010Dubai's Emaar Properties said on Monday the final cost of the world's tallest tower stood at $1.5 billion, with 90 percent of the building already sold, and that it would benefit 2010 results. Chairman Mohamed Alabbar, who held a media briefing on Monday for the opening of the skyscraper, said the Burj Dubai opening would have a positive impact on the first three quarters of 2010. Started at the height of the economic boom and built by some 12,000 labourers, the world's tallest building opens on Monday in Dubai as the once-booming emirate seeks to revive optimism during its financial crisis. http://www.buildexonline.com/buildexonline2009/detail.asp?id=131264-1-2010Abu Dhabi Investment House (ADIH) announced on Monday the exit of its Beirut Gate Fund, which backed the purchase, master planning and full entitlements of eight plots of land as a mixed use development within the Solidere area in downtown Beirut. Fawaz Ali Al Jowder, chief executive officer, ADIH, said: “This exit reiterates ADIH’s ability to deliver as it promised, especially during a time of a tough global economic climate and after a long political unrest in the country. http://www.buildexonline.com/buildexonline2009/detail.asp?id=130822-1-2010Kuwait's real estate market appears to be moving towards recovery, with falling interest rates and increasing confidence helping to lift sales. There was a marked rise in activity in October, according to a study carried out by Kuwaiti property firm Emaar Alahlia, with transactions up 35% in that month compared to September. The report, issued in late November, said that the lowering of the cost of borrowing had helped drive the increased sales push, http://www.buildexonline.com/buildexonline2009/detail.asp?id=1306030-12-2009http://www.buildexonline.com/buildexonline2009/detail.asp?id=1267724-11-2009http://www.buildexonline.com/buildexonline2009/detail.asp?id=1267624-11-2009Azat al-Noaman, a 45-year-old father of three, remembers the days as a child when his parents and neighbours grew wheat in the open fields which surrounded their village of Yafour, some 20km outside of Damascus. Back then the entire village gathered for its annual harvest festivals and washed their wheat in the Ras Al-Ain spring, a common gathering point for any celebration, wedding or funeral. http://www.buildexonline.com/buildexonline2009/detail.asp?id=1237325-10-2009http://www.buildexonline.com/buildexonline2009/detail.asp?id=121444-10-2009The 1st International Conference on Sustainable Urban Development in Syrian Cities is due to be held on Monday at Damascus University. The conference is organized by the Ministry of Local Administration in coordination with the Sustainable Urban Development Program of the German Agency for Technical Cooperation, and the participation of the Arab Urban Development Institute.http://www.buildexonline.com/buildexonline2009/detail.asp?id=1204028-9-2009http://www.buildexonline.com/buildexonline2009/detail.asp?id=1198123-9-2009http://www.buildexonline.com/buildexonline2009/detail.asp?id=1190314-9-2009http://www.buildexonline.com/buildexonline2009/detail.asp?id=1186710-9-2009http://www.buildexonline.com/buildexonline2009/detail.asp?id=1186610-9-2009Emaar Properties and IGO, the offshore investment and property development company, unveiled details of a joint venture that sets in motion plans to develop a mixed use furnished apartments, commercial and retail development in the Yafour area, approximately 15 minutes from the center of Damascus. The US$500 million project will recreate the luxury and style that are features of Emaar’s world-class Dubai developments.http://www.buildexonline.com/buildexonline2009/detail.asp?id=1186310-9-2009