News / Government

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.

Madbouly Confirms Implementation of 132,000 Units Worth EGP 73 Bn

Prime Minister, Mostafa Madbouly, declares that 132,000 housing units are implemented in Alexandria and Beheira, with a cost of EGP 73 bn, Invest-Gate reports.

El-Gazzar Follows Up on Assiut’s New Nasser City Housing Project

Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities, follows up on the implementation rate of the medium-sized housing units, within the presidential initiative "Housing for All Egyptians," in the New Nasser city in Assiut, Invest-Gate reports.

Saudi Egyptian Developers, NUCA To Launch M8 Phase in Marina El Alamein

Based on its keenness to establish strategic partnerships with the largest companies in real estate field, the New Urban Communities Authority (NUCA) assigns the marketing mission of the 8th phase of the Marina El Alamein project (M8) on the northern coast to the Saudi Egyptian Developers, Invest-Gate reports.

Egypt Offers Perks to Lure Investment in New Cities

Egypt’s New Urban Communities Authority approved incentives for real estate investors, including increased land use in new cities, Invest-Gate reports.

Redcon, Honeywell Sign MoU for Sustainable Golden Gate

Redcon Properties, the newly established arm of Redcon Group, signs a Memorandum of Understanding (MoU) with Honeywell to incorporate smart sustainability solutions at Golden Gate, Invest-Gate reports.

Egyptian Real Estate Chamber’s Board Members Discusses Facilities with Prime Minister

The Real Estate Development Chamber discusses various facilities with Prime Minister Mostafa Madbouly, including allowing foreigners to own an unlimited number of units, Invest-Gate reports.

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