News / Business

Egypt Reveals $21 Bn “South Med” Project in North Coast, in Collaboration with TMG

Egypt's Prime Minister Mostafa Madbouly has announced a new tourism project called "South Med" with an investment of EGP 1 tn ($21 bn), Invest-Gate reports.

Signify, Gila Al Tawakol Electric Join Forces to Launch Regional Manufacturing Center in Egypt with Investments Reaching $100 Mn

Signify (formerly Philips Lighting), the global leader in the lighting industry, has announced a strategic partnership with Gila Al Tawakol Electric, a manufacturer and distributor of high-quality electrical products, Invest-Gate reports.

Dar Global to Launch Trump Tower in Jeddah

Dar Global Company has announced a partnership with the Trump Organization to launch a prestigious tower project in Jeddah called "Trump Tower Jeddah", Invest-Gate reports.

Top 10 Nationalities Dominating Dubai’s Property Market in H1 2024

A report issued by W Capital, Dubai's leading brokerage, reveals that British investors have been the most active in purchasing Dubai real estate during the first half of 2024, Invest-Gate reports.

Dubai Records AED 9.2 bn Real Estate Transactions within 2 Days

In just two days, real estate transactions in Dubai surpassed AED 9 bn, reaching a total of AED 9.2 bn, Invest-Gate reports.

Dubai Real Estate Sales Reach Highest Level in 5 Months

According to monitoring based on data from the Dubai Land Department, Dubai's real estate sector has witnessed record-breaking sales in the first five months of 2024, growing by 25.4% to reach AED 186.87 bn, compared to AED 148.96 bn during the same period in 2023, Invest-Gate reports.

Real Estate Registration Concludes in 7 Regions in Riyadh, Makkah on August 29th

The Real Estate General Authority (REGA) in Saudi Arabia has announced the commencement of real estate registrations in seven areas, comprising 18 neighborhoods in Riyadh and Makkah, Invest-Gate reports.

Total Housing Support in Saudi Arabia Reaches SAR 59.5 Bn over 7 Years

The Real Estate Development Fund (REDF) in Saudi Arabia has deposited today SAR 978 mn into the accounts of beneficiaries enrolled in the "Sakani" program, which is overseen by the Ministry of Municipal, Rural Affairs and Housing and the Real Estate Fund, Invest-Gate reports.

World’s Wealthy Poised to Invest $4.4 Bn in Dubai’s Residential Real Estate

According to a survey conducted by Knight Frank, the world's wealthy are preparing to spend $4.4 bn (AED 16.161 bn) on purchasing residential real estate in Dubai this year, Invest-Gate reports.

Dubai Real Estate Sales Surge by 25% Since Start of 2024

Real estate sales in Dubai have experienced a remarkable 25% year-on-year growth since the beginning of this year until yesterday (Tuesday), Invest-Gate reports.

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