Families in Kuwait are building an extra floor to accommodate their newlywed children due to skyrocketing housing prices, especially as government housing often takes years to be distributed, Invest-Gate reports.
Housing regulator explains that Chinese real estate brokerage agencies need to implement reasonable reductions to fees for housing transactions and leasing services to promote healthy sector development, Invest-Gate reports.
Coldwell Banker Egypt announces the launch of its innovative virtual reality (VR) real estate platform, Meta Egypt, with EGP 150 bn in investments, Invest-Gate reports.
Egypt Education Platform (EEP) and Modon Developments S.A.E. (MODON) sings a binding contract to create a new British School in Alexandria, Invest-Gate reports.
Egypt’s exports of building materials rose 7.1% year on year (YoY) in 2022, according to the Minister of Trade and Industry, Ahmed Samir, Invest-Gate reports.
UAE-based developer Azizi Developments announces its plan to invest up to AED60 bn ($16.3 bn) through the launch of 50 upmarket luxury hotels and resorts and one very prestigious seven-star hotel in Dubai, Invest-Gate reports.
Leading government entities, renowned real estate developers, and financial experts will be in Jeddah for the Saudi Real Estate Development and Ownership Exhibition (Seredo 2023), which kicks off on May 28.
Charlie Munger believes there is trouble ahead for the U.S. commercial property market, Invest-Gate reports.
Mohamed Alsuwaidi, CEO and Managing Director of ADQ, says one of Abu Dhabi's sovereign funds is considering pumping new investments in Egypt during the coming period.
According to Invest-Gate, the real estate sector in Dubai achieves its highest monthly performance ever during April after hitting AED 26.3 bn in sales, recording a growth of 44.5%, compared to about AED 18.2 bn in sales in April 2022.
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