News / Business

Dubai Plans Construction of Numerous High-Rise Towers in 2025

Dubai plans to launch several projects, including the construction of high-rise towers and new residential communities, capitalizing on the high demand for real estate in the emirate, Invest-Gate reports.

Beltone Investment Banking Acts as Sole Financial Advisor on the $180 Mn Equity, Debt Raising for MAFI for Agricultural Produce Industries

Beltone Investment Banking has successfully concluded its advisory role in securing $180 mn in funding for MAFI to establish the Middle East's largest agri-food complex in Sadat City, Invest-Gate reports.

32% Growth in Sustainability Assessment Projects Under the Sustainable Construction Program in Saudi Arabia

The Sustainable Construction Program in Saudi Arabia recorded remarkable growth in the number of projects benefiting from the Sustainability Assessment service during 2024 compared to the previous year, Invest-Gate reports.

Dubai Properties Lays the Foundation Stone for “Lumia Residence” in R7 Area of the New Administrative Capital

Dubai Properties has officially inaugurated the foundation-laying ceremony for the "Lumia Residence" project in the R7 area of the New Administrative Capital. This grand event also marked the signing of a contract with the consulting firm "Moharram Bakhom" to oversee the project, alongside the commencement of concrete pouring for six residential buildings within the development.

Dubai announced its intention to launch the new smart rental index entirely in January 2025

This initiative aims to develop the real estate sector and enhance trust and transparency among property owners, tenants, and investors, as reported by Invest-Gate.

Reportage Properties Reports AED 5.65 Bn in Sales with 50% Growth in 2024

Reportage Properties, the leading UAE real estate developer, announced record sales estimated at approximately AED 5.65 bn ($1.5 bn) from January until the end of 2024, representing a growth of more than 50% compared to the same period last year, Invest-Gate reports.

Saudi Arabia Begins Registering 370 Real Estate Plots in Madinah

The Saudi Real Estate Registry has announced the start of receiving applications for the first physical registration of 370 real estate plots in four neighborhoods in Madinah, Invest-Gate reports.

JLL Highlights Increasing Number of Apartments Sold in Saudi Arabia Alongside Rising Tourist Arrivals

A new report from JLL has revealed the outlook for the Saudi real estate market in light of Saudi Arabia’s Vision 2030, which focuses on continuous development and government initiatives such as the Sakani Program and the Real Estate Development Fund aimed at increasing citizens’ home ownership rates, Invest-Gate reports.

Beltone Announces Board Approval for Additional Capital Increase of EGP 10.75 Bn to Drive Expansion, Growth Strategy

Beltone Holding announces that its Board of Directors has approved proceeding with all legal and regulatory procedures to increase the company’s capital by EGP 10.75 bn, Invest-Gate reports.

Emirates NBD Egypt Provides EGP 2.5 Bn in Credit Facilities to Arabian Construction Company

Emirates NBD Egypt has signed a significant financing agreement with Arabian Construction Company (ACC), one of the leading construction firms in the Middle East, providing EGP 2.5 bn in credit facilities, Invest-Gate reports.

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