W Capital Real Estate, headquartered in Dubai, said that real estate sales in the emirate are on track to hit record levels during the 2023 summer season amid exceptional demand, Invest-Gate reports.
Dubai's real estate market has achieved AED 217 bn in sales resulting from 72,101 transactions from the beginning of 2023 until the end of July, Invest-Gate reports.
Real estate prices in Saudi Arabia rose slightly in the second quarter of this year, Invest-Gate reports.
Real Estate deals in GCC Countries reach $90.7 bn in H1 2023, growing by 9.9%, Invest-Gate reports.
The total value of real estate transactions in Abu Dhabi exceeded AED 46 bn in the first six months of 2023, according to data released by the Department of Municipalities and Transport (DMT), Invest-Gate reports.
Development and Housing Company for Utilities (DHCU) plans to invest EGP 2 bn on drinking water, sanitation, and wastewater treatment projects this year, DHCU's Chairman Hassan Al-Far said, Invest-Gate reports.
Hometown Developments announced its collaboration with 50 international brands specialized in the fields of fashion, restaurants, and entertainment for its three projects at the New Administrative Capital (NAC), Invest-Gate reports.
Branded residences have become a hot segment in Dubai's real estate market, with a report showing the emirate has the highest concentration in Europe and the Middle East, Invest-Gate reports.
Real estate transactions in Dubai Land Department have exceeded AED 10.6 bn, as the department recorded 2,456 sales worth AED 7.66 bn this week, Invest-Gate reports.
Arab Bank Group reported solid financial results for the first half (H1) of 2023, driven by strong growth in its core banking business across different markets, Invest-Gate reports.
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