News | Middle East
Monday, 18 January 2021
Saudi Arabia has issued a total of 3,181 new contracts for residential plots in December 2020 under its Sakani Housing project
Sunday, 3 May 2020
Saudi Arabia will isolate the industrial area of Dammam from May 3, preventing entry and exit until further notice, to curb the spread of the new coronavirus, state news agency SPA reports.
Monday, 13 April 2020
Dubai registered a total of 10,243 real estate transactions in the first quarter of 2020
Sunday, 5 April 2020
Dubai announced a two-week-long lockdown starting on April 3 to contain the spread of the coronavirus
Sunday, 1 December 2019
Morocco's real estate sector, or the second-largest job provider sector in the North African country, is facing a slow down during the current year amid a notable economic downturn.
Tuesday, 12 November 2019
The UAE's central bank has confirmed that the country’s real estate sector continues to endure a downward trend in the 2018 prices of residential and commercial properties for four consecutive years, owing to the rising housing supply volume in Dubai and Abu Dhabi "partially in preparation for Expo 2020."
Thursday, 31 October 2019
Egypt and the UAE hold the largest volume of under-development branded homes, accounting for around 21%, with the former country currently having two branded residence schemes and 14 projects in the pipeline.
Wednesday, 23 October 2019
Bahrain's Real Estate Regulatory Authority (RERA) launched on October 21 a new real estate valuation system to ensure greater protection to investors and other sectors including that of banking
Monday, 2 September 2019
The Department of Urban Planning and Municipalities (DPM) issued on August 29 a legislation to regulate the construction of private villas in Abu Dhabi, UAE.
Sunday, 28 July 2019
Dubai Land Department (DLD), through its regulatory unit Real Estate Regulatory Authority (RERA), has launched an electronic system, or "Mollak," which incorporates innovations to maintain justice and transparency.