/world business
(CNN) -- This week, MME visits Cityscape Dubai, the largest real estate investment and development event in the world, and the perfect place to illustrate the construction boom in the region.
As Blair Hagkull, MD for MENA at Jones Lang LaSalle told CNN, "in a population less than California, we are seeing more than $1 trillion worth of real estate development, unprecedented in the world."
And now the region is now exporting its capital and real estate expertise to neighboring regions. Gulf companies such as Damac, Emaar Properties and Qatari Diar are after a hard return on their investment, and in return countries such as Jordan, Morocco, Egypt, Syria and Lebanon get business and job opportunities along with the new malls and luxury villas.
Whilst at Cityscape, CNN's John Defterios catches up with Nasser al Ansar, CEO of Qatari Diar, one of the region's most influential real estate investment companies, to ask him about the company's vision.
And we explore why Turkey's decision to allow its military to cross into Iraq in search of Kurdish rebels is fueling this week's soaring oil prices. E-mail to a friend 
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