News / Business

Dubai’s High-End Property Sales Remain Stable Despite Decline in Listings

According to a report by property consultancy Knight Frank, the number of homes valued at $10 mn or more sold in Dubai remained stable in the first half of 2024, despite a decrease in listings, Invest-Gate reports.

JLL Report Indicates Egypt’s Construction Industry Set for Robust Growth

According to JLL's latest Egypt Construction Market Intelligence Report, the construction industry in Egypt, as the largest project market in Africa and the third largest in the Middle East and North Africa (MENA), is projected to experience consistent value growth until the end of the decade, Invest-Gate reports.

Saudi Shura Council Urges Development of Tools and Incentives for Export Houses Licensing, Boosting Exports

The Saudi Shura Council has requested the Saudi Export Development Authority, in coordination with relevant authorities, to develop criteria for determining priority sub-brands within the "Made in Saudi Arabia" program, Invest-Gate reports.

Dubai’s Residential Real Estate Transactions Surge by 20.5% in Q2 2024

According to a report by Primo Capital Experts, residential real estate transactions in Dubai experienced a year-on-year growth of 20.5% in the second quarter of this year, Invest-Gate reports.

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.

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