News / Business

Saudi Arabia Requires 115,000 New Homes Annually to Achieve 2030 Homeownership Goal

Knight Frank stated in a recent report that Saudi Arabia may need to construct 115,000 homes annually over the next six years to meet the growing demand from young people and achieve the goals of Saudi Vision 2030, which aims to raise home ownership to 70%, Invest-Gate reports.

Rising Prices of Mid-Range Properties in Dubai: An Increase of 12% to 40

Recent data reveals that the prices of mid-range properties in Dubai have increased by between 12% and 40% from the beginning of 2024 through the end of the third quarter, compared to the same period in 2023. This significant increase reflects the high demand for this segment of the real estate products in Dubai, Invest-Gate reports.

Saudi Arabia Set to Host Largest-Ever Electronic Real Estate Auction

Saudi Arabia is set to host its largest-ever electronic real estate auction, featuring 103 properties across six different areas, Invest-Gate reports.

Beltone Capital and CRIF Partner to Offer Rating Solutions in Egypt

Beltone Capital partners with CRIF S.p.a. to introduce comprehensive rating services in Egypt, with regional expansion potential. Invest-Gate reports.

Fawry’s “Alnota” Overdraft Surpasses EGP 2bn in Transactions

Fawry announced its subsidiary, Fawry MSME, has reached a milestone with its BNPL solution, “Alnota” Overdraft, Invest-Gate reports.

Happy Home Developments Launches “Flow Heights” in Obour City

Happy Home Developments launches Flow Heights, a 22-acre residential project in Obour City’s Third District, featuring modern designs and integrated services. Invest-Gate reports.

UC Developments Launches New Project in New Cairo

UC Developments is set to launch a new residential project in New Cairo as part of its expansion in the Egyptian market, Invest-Gate reports.

ariika Secures $3 Mn in Series A Extension Round Led by Beltone Venture Capital, Citadel International Holdings

ariika, a leading direct-to-consumer, digital-led home furnishing brand, announces the successful conclusion of its Series A extension equity round, led by Beltone Venture Capital, a subsidiary of Beltone Financial Holding, and UAE-based investment group Citadel International Holdings, Invest-Gate reports.

Mint Real Estate Asset Management, Suez Canal Bank Collaborate to Launch Anchors Cairo

Mint Real Estate Asset Management and Suez Canal Bank have announced the establishment of Anchors Real Estate Investment and Development, a pioneering company in real estate development and investment, Invest-Gate reports.

Arab Bank Launches Electronic Government Payment Service for Companies in Partnership with e-Finance

Arab Bank recently launched a government payment service through its digital platform for corporate clients, “Arabi Connect,” in collaboration with the financial technology company “e-Finance”, Invest-Gate reports.

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