News / Business

Infath to Hold 21 Auctions for 165 Properties Across Saudi Arabia

The Saudi Entrustment and Liquidation Center (Infath) has announced the organization of 21 public auctions scheduled to take place from the 11th to the 20th of December, Invest-Gate reports.

Kuwait Real Estate Deals Jump to KWD 84 Mn within a Week

The total value of real estate contracts registered with the Kuwaiti Ministry of Justice during the period from 3 to 7 December 2023 amounted to about KWD 83.95 mn, Invest-Gate reports.

Bank of America Foresees Continued Contraction in Chinese Real Estate Sector for Years

Bank of America predicts that the contraction in China's real estate sector will persist for several years, Invest-Gate reports.

Asking Prices of British Real Estate Fall 2% in December

According to Rightmove, an online real estate portal, home sellers in the UK reduced their asking prices by approximately 2% in December, Invest-Gate reports.

Registered Rental Contracts in Saudi Arabia Exceed 2.8 Mn in 2023

The Real Estate General Authority (REGA) in Saudi Arabia announced on Sunday that the country's rental service, Ejar, has achieved a significant milestone by recording over 8 mn lease contracts since its launch, Invest-Gate reports.

Rowad 2030 Project Inks MoU with VictoryLink to Support Startups, Entrepreneurs

The MoU allows for cooperation between its parties for providing startups with Rowad Clinics’ integrated services, including technical support and different counseling and consultancy services.

MRB Launches FMA Program To Manage, Operate Malls, Residential Complexes

MRB launches the "FMA" program to manage and operate all sections of commercial malls and residential complexes, to develop the services provided to its consumers.

SODIC, CIB Pen Mortgage Finance Protocol

SODIC signs a collaboration protocol with the Commercial International Bank (CIB) – Egypt, to provide mortgage finance solutions to SODIC customers.

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