News / Government

SODIC to Deliver “June” Project in Q3 2025: GM

Sixth of October Development and Investment Company (SODIC) is preparing to deliver the first units in the "June" North Coast project during the third quarter of 2025, the company's General Manager Ayman Amer told Invest-Gate.

Saudi Arabia Sees Rising Residential, Commercial Rental Activity

Saudi Arabia's rental index recorded over 275,000 residential and commercial leasing deals in July, unchanged from the same month last year, Invest-Gate reports.

Egypt’s Arab Contractors and Mercons Finalize JV Deal in Angola

Egypt's Arab Contractors Co. signed an agreement to establish a joint venture called Arab Contractors-Luanda with Angolan firm Mercons, as both countries deepen construction industry cooperation, Invest-Gate reports.

Dubai Property Prices Surge 24% in a Year on High Demand

Prices in Dubai's freehold residential market rose 4.8% in the second quarter, with annual gains hitting 24%, Knight Frank data shows.

Dubai Tops Global Rankings in Projected Property Price Hikes

Dubai remains at the forefront of major cities worldwide regarding expected increases in residential property prices for 2023, despite a projected decrease in price growth rate compared to 2022, Invest-Gate reports.

Foreign Real Estate Sales in Turkey Reached 2,801 Properties in July

According to the Turkish Statistical Institute's statement on Tuesday, the total real estate sales in Turkey during July amounted to 109,548 properties, Invest-Gate reports.

ABB Opens Doors to Egyptian Students, Shares Expertise on Renewables

Zurich-based electrical equipment maker ABB Ltd. partnered with the Administrative Capital For Urban Development (ACUD) to train Egyptian university students on sustainable solutions, Invest-Gate reports.

Qatar’s Top 10 Most Expensive Properties Sold in July 2023 Revealed

The latest real estate analytical bulletin issued by Qatar's Ministry of Justice has unveiled the values of the ten most expensive properties sold in Qatar in July, Invest-Gate reports.

Housing Minister Issues Decisions on Construction Violations in New Cities

The Egyptian Minister of Housing, Utilities and Urban Communities, Assem El-Gazzar, issued four decisions to prevent building violations on Al-Warraq Island, the northwest coast, and in the cities of Obour and Sadat, Invest-Gate reports.

Troubles Mount for Chinese Real Estate Giant as Debt Repayment Looms

Country Garden Real Estate Group announced it would suspend trading of 10 local bonds starting next Monday, just two days after its parent company revealed billions of dollars in losses for H1 2023, Invest-Gate reports.

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