Kenya's president has launched a US$ 14.5 billion project to build a new city intended to be an IT business hub and dubbed "Africa's Silicon Savannah".

It will take 20 years to build Konza Technology City. The IT hub will be built over f...

Asian-based hotel group Alila Hotels & Resorts will open its first hotel in Oman at the end of 2014. The luxury establishment will be set in the Jabal Akhdar mountain range, a region of the Sultanate that has seen limited tourist development, two hou...

Turkey's Environment and Urban Planning Minister Erdogan Bayraktar gave details with respect to the country's real estate that were sold to foreigners, reported News.am recalling to Milliyet daily of Turkey.

Also, the minister made an...

The increased tax burden and greater complexity of a new real estate tax system in Turkey may discourage foreign investors, reported the Hurrietdailynews.

The new value added tax (VAT) law, which will especially impact small luxury hous...

Belgium is set to construct an artificial island in the North Sea that will be used solely as storage for wind energy. Announcing the plans earlier this week, Belgium's North Sea minister Johan Lanotte explained that although Belgium has the capacity...