The Chinese government has indicated additional economic support measures are forthcoming after taking initial steps to assist the struggling property sector by extending loan relief to developers, Invest-Gate reports.
The Dubai Municipality completes the distribution of 3,200 residential plots to its citizens living in the emirate, Invest-Gate reports.
The value of real estate transactions in Qatar decreased by 15.06% month-on-month (MoM) in June, Invest-Gate reports, citing a report by the Qatari Ministry of Justice.
The Arab Developers Holding Company, one of the major real estate development companies, announces a partnership with Infinity, a leading provider of renewable energy solutions in Egypt, to establish electric vehicle (EV) charging stations in all its projects, Invest-Gate reports.
The number of new investors in the real estate sector in the Emirate of Abu Dhabi reached 1,769 in the first quarter of this year, compared to 1,244 investors during the same period a year earlier, an increase of 42%, Invest-Gate reports.
The Saudi Arabian real estate market resumed activity after the Eid Al-Adha holiday, with a performance that did not exceed SAR2.4 bn, coinciding with the beginning of July, Invest-Gate reports.
The number of residential real estate transactions in Kuwait decreased during the first half of this year by 41% on an annual basis, according to a report by the Real Estate Registration Department.
SODIC, the leading real estate developer in Egypt, revealed its newest retail destination SPLANADA in New Cairo, Invest-Gate reports.
According to recent government statistics, 190,700 outdated manual real estate deeds have been transferred to the comprehensive electronic system since the beginning of 2023, Invest-Gate reports.
Carrefour, owned and operated by Majid Al Futtaim in Egypt, and A CAPITAL GROUP (ACAP), one of Amer Group’s divisions, have announced the opening of the first Carrefour store in Porto Marina on the North Coast, Invest-Gate reports.
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