News / Developers

Bahrain’s Q1 Real Estate Transactions Hit $641 mn

Bahrain has announced that the real estate transactions during the first quarter of 2023 hit BD243 mn ($641 mn), down 17% compared to last year, reported BNA citing the kingdom's Survey & Land Registration Bureau.

Omniyat Breaks Ground on Palm Jumeirah Residences

Comprising 86 two-to-four-bedroom homes, three outstanding sky palaces, and one of the largest private mansions on Palm Jumeirah, Orla, Dorchester Collection Dubai combines 270-degree sunrise-to-sunset views of the city skyline, thus ensuring that the residents get to enjoy the unparalleled lifestyle.

King Abdullah Financial District Wins Key Building Certification

The King Abdullah Financial District (KAFD) in Riyadh secures the WiredScore and SmartScore building certification from global property consultancy Knight Frank.

ADIB Egypt pens agreement with New Avenue for financing services

Abu Dhabi Islamic Bank (ADIB) Egypt signs a cooperation agreement with New Avenue to provide property financing services to the real estate company's clients, Invest-Gate reports.

Blackstone Raises $30.4 bn for Real Estate Fund

Blackstone Inc raises $30.4 bn for its latest global real estate fund as the private equity behemoth looks to double down on the industry, Invest-Gate reports.

Paragon Developments Inks MoU to Market Projects in UK, GCC

Paragon Developments signs a memorandum of understanding with Adeer International to market the former's real estate products in the UK and Gulf countries, Invest-Gate reports.

SODIC, Tawasol Egypt Marks Decade of Cooperation in Ezbet Khairallah

SODIC and Tawasol for Developing Istabl Antar NGO celebrate 10 years of creating scalable impact in education and community development in Ezbet Khairallah district, Invest-Gate reports.

Residents Looking to Buy 2-bedroom Apartments Now More Than Ever in Dubai

The demand to buy two-bedroom apartments is higher than one-bedroom units among investors and end-users in Dubai as the market witnesses the emergence of new consumer preferences, such as a growing incline towards ownership and the inflow of more families to make their second home.

Bahrain’s Waterfront, Leisure Hub Set for Q4 Launch

Located in Diyar Al Muharraq, Marassi Galleria is the entertainment epicentre of the Marassi Al Bahrain development. The beachfront luxury shopping destination stretches over three levels to occupy a total gross leasable area of 114,000 sqm. It will boast over 450 stores, including some of the world’s most prestigious brands.

Cundall Consortium Seals Oman Smart City Deal

Leading global engineering and design consultancy, Cundall announces that it has been selected as part of the international consortium to design and deliver the master plan for Salalah Smart City in Oman.

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