News / Business

Somabay Partners with Marriott International to Introduce Autograph Collection Hotels to the Destination

Somabay has announced the signing of an agreement with Marriott International to bring the renowned Autograph Collection Hotels brand to Somabay, Egypt, Invest-Gate reports.

Hassan Allam Holding Launches Jinet Agriculture, Expands Agricultural Land Portfolio

Hassan Allam Holding has announced the launch of Jinet Agriculture Corporation, a new subsidiary aimed at boosting agricultural productivity and sustainability in the region, Invest-Gate reports.

Saudi Arabia Commences Real Estate Registration for 17 neighborhoods in Riyadh, Diriyah

The Saudi Real Estate General Authority (REGA) announced the end of the deadline for the first physical registration of real estate in 4 neighborhoods in Riyadh and 13 neighborhoods in Diriyah Governorate, Invest-Gate reports.

ACUD Partners with Live Nation Middle East, TicketsMarche to Bring Global Talent to NAC

The Administrative Capital for Urban Development (ACUD) has signed an unprecedented partnership agreement with global entertainment powerhouse Live Nation Middle East and Egypt’s premier ticketing platform, TicketsMarche, Invest-Gate reports.

Saudi Arabia Allows Foreigners to Invest in Real Estate Listed Companies Operating in Makkah, Madinah

The Saudi Capital Market Authority (CMA) has announced that foreigners are allowed to invest in listed Saudi companies that own real estate in the cities of Makkah and Madinah, effective from Monday, January 27, Invest-Gate reports.

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.

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