Dubai Allows Rent Payments by Debit Cards

• Sunday, 5th February 2023
• by Invest Gate

According to a circular by the DLD, Dubai’s property rental platform, Ejari, is now integrated with the ‘noqodi’ direct debit system (UAEDDS), allowing tenants to have rent payments automatically debited from their accounts. 

Real Estate Development Chamber Commends Government’s Response to Developers

• Thursday, 2nd February 2023
• by Invest Gate

Tarek Shoukry, Head of the Real Estate Development Chamber at the Federation of Egyptian Industries, and Undersecretary of the housing committee at the House of Representatives, thanks the Prime Minister and Minister of Housing for the prompt response to a large part of the demands submitted by the chamber.

Egyptian Government Takes Measures to Support Real Estate Developers

• Thursday, 2nd February 2023
• by Invest Gate

Madbouly notes that the government will consider projects finished when they're 85% complete, down from 90% previously, giving developers the chance to complete the remaining 15% of construction at their own pace without a delay penalty.

Cabinet Rolls Out Approvals for Four More Golden Licenses

• Thursday, 2nd February 2023
• by Invest Gate

Saudi Arabia to Start State Property Renting System Early February

• Tuesday, 31st January 2023
• by Muhammad Khalid

The new system aims to regulate the state’s leasing of real estate through government agencies, based on their needs, as well as rationalize the financial costs of renting, in addition to developing the exploitation of leased real estate by government agencies.

Al-Gazzar Follows Up on Greatest Manifestation Project

• Wednesday, 25th January 2023
• by Muhammad Khalid

The housing minister calls on contractors to accelerate works on the project while maintaining the highest quality.

Dubai’s Real Estate Deals Hit AED 528 Bn in 2022

• Wednesday, 25th January 2023
• by Invest Gate

“Dubai’s real estate market has long attracted diverse international buyers. This trend has become more prominent in recent years as more people started seeing Dubai as a safe haven, offering security, lifestyle, tax efficiency and a business-friendly environment amidst geopolitical and global economic uncertainty in the rest of the world,” Betterhomes adds.  

Makkah Mayoralty Allows Renting Residential Units for Hajj pilgrims

• Tuesday, 24th January 2023
• by Invest Gate

The committee invites owners of all residential units wishing to rent their housing units for the accommodation of pilgrims to contact the designated engineering offices to complete relevant procedures for issuing permits.

Egypt Offers 30% in 7 State Hotels to GCC Funds

• Tuesday, 24th January 2023
• by Invest Gate

Furthermore, an informed source reveals that TSFE is completing the evaluation before the offering.

Al-Gazzar Inspects EGP 7 Bn Infrastructure Projects in New 6th of October

• Monday, 23rd January 2023
• by Invest Gate

Al-Gazzar stresses the need to implement all works with the required specifications and quality and as soon as possible.