Finance firm shifts from start-ups to property

January 29 2008 Priority Finance managing director Noel Gillman said that as a much smaller lender Priority remained in the unusual position of getting 100 per cent roll over by investors into the firm. This followed a turbulent time for the industry, during which more than a dozen finance companies fell by the wayside in the last 18 months. Gillman said the switch last year into being a specialty property-based lender reflected his knowledge of the residential and ...

GCC real estate fund to distribute dividends during Q1

January 29 2008 (MENAFN Press) Global Investment House 'Global', a leading investment bank and asset management company, announced that its Global GCC Real Estate fund is excepted to distribute dividends during first quarter thanks to exceptional performance. Mr. Sameer A. Al-Gharaballi, Executive Vice President at Global - the Fund's Manager- informed that the GCC Real Estate Fund expects to start distributing dividends to the investors during the first quarter of 2008. ...

Pa. House wades into property tax debate

January 29 2008 The state House of Representatives focused Tuesday on a can't-lose choice for homeowners: Whether to cut school property taxes dramatically or eliminate them outright. A bill sponsored by the chairman of the Finance Committee, a Democrat, favors an incremental approach to add $1.6 billion to the tax-cut money anticipated from slot-machine gambling in 2009-10. Tax cuts would be for primary residences and farms only, and be funded by increases on the sales and ...