News / Government

High Demand Boosts UAE Real Estate Market in Q1 2023

The real estate sector in the UAE maintains its strong performance in the first quarter (Q1) of 2023, benefiting from the increase in domestic demand and foreign direct investment in this sector, Invest-Gate reports.

Average Fixed Mortgage Rates in UK Hits Over 6%

The two-year average fixed mortgage rates in the UK reached 6.01% on Monday, which pushed the cost of borrowing in the kingdom to its highest level since December 2022, Invest-Gate reports.

Minister of Housing Showcases New Qena Developments

Minister of Housing, Utilities, and Urban Communities, Assem El-Gazzar, showcases the new projects' developments in New Qena City, Invest-Gate reports.

Egyptian Government Discusses Recent Positive Accomplishments in New Capital Meeting

The Egyptian government holds a meeting on Thursday in the New Administrative Capital to explore the key results of the visit of the Iraqi Prime Minister Mohammed Shayya' Al-Sudani to Egypt, Invest-Gate reports.

Egypt Housing Minister Inspects Heritage City, Downtown Projects in New Alamein

Egypt’s Housing Minister Assem El-Gazzar inspects the Heritage City, Downtown and Latin Quarter projects in the New Alamein City, Invest-Gate reports.

DHCU Seals EGP 1 Bn Agreements in FY 2022/23

Development and Housing Company for Utilities (DHCU) company seals contracts worth over EGP 1 bn in its projects during the fiscal year 2022/2023, Invest-Gate reports.

Qatar Records QAR 381 Mn Real Estate Transactions in 5 Days

Total real estate transactions in Qatar recorded over QAR 381 million between the 4th and 8th of June, Invest-Gate reports.

Luxury Hotel Habitas Secures $400 Mn Fund from Saudi Arabia

Luxurious hotel brand Habitas secures funding worth $400 Mn from Saudi Arabia, which could help its expansion across the kingdom and attract more tourists, Invest Gate reports.

Saudi Real Estate Registry to Start Operations by 2023 End

Saudi Arabia's National Real Estate Registration Services Company (Real Estate Registry - RER) plans to start conducting property transactions through its platform by the end of 2023, Invest-Gate reports.

Dubai Land Department Reports AED 12.5 Bn in Weekly Property Deals

The Dubai Land Department (DLD) reveals that 3,625 real estate transactions valued at AED 12.5 bn are completed in the week ended June 16, Invest-Gate reports.

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