The UAE may be home to the Burj Khalifa – the world’s tallest tower – and have an array of outlandish projects planned in the coming years, such as an underwater hotel and a Taj Mahal replica, but lesser-known neighbour Qatar dominates the list of the biggest real estate firms in the Gulf, an Arabian Business report found.
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Qatar, which is already planning to spend up to US$100bn on infrastructure projects over the next decade in the run up to hosting the FIFA World Cup in 2022, tops the list as the home to the biggest real estate company across the Gulf.
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REVEALED: Top 50 GCC real estate companies
With a market cap of US$47bn, the top ranking Qatari firm is nearly 70 bigger than rival Emaar Properties, the globally recognised builder of the Burj Khalifa.
http://www.arabianbusiness.com/revealed-top-50-gcc-real-estate-companies-488080.html
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