News / Investment

Hong Kong Court Orders Chinese Property Giant Evergrande to Liquidate

Hong Kong court has issued an order for the liquidation of Evergrande Group, a financially troubled Chinese real estate giant, Invest-Gate reports.

Hyde Park Developments Launches Final Phase of Townhouses in Garden Lakes Project in 6th of October City

Hyde Park Developments has announced the launch of the last phase of Townhouses in the Garden Lex project, comprising 60 townhouses, along with the release of 12 additional townhouses, Invest-Gate reports.

Wadi Degla Developments Bolsters Commitment to Efficiency, Strategic Delivery Amid Economic Challenges

In a press conference hosted at the Marriott Hotel, Wadi Degla Developments provided a comprehensive overview of its achievements throughout the year, reaffirming its dedication to pursuing strategic initiatives outlined in 2022, Invest-Gate reports.

China’s Evergrande Faces Possible Liquidation

The giant Chinese real estate company Evergrande Group is once again facing the risk of liquidation amid the ongoing crisis in the Chinese real estate sector, Invest-Gate reports.

Exploring Investment Potentials: BiznEX 6th Edition Launched in KSA by the Ministry of Supply and Internal Trade

Under the theme "Your Opportunity for The Future... Your Path to KSA," the 6th edition of the BiznEX Expo commenced as part of the Saudi Franchise Expo, Invest-Gate reports.

Dubai’s Open-Door Policy Continues to Attract the World’s Wealthy

Huge infrastructure spending, generous income tax policies, and an enhanced open-door approach to immigration after the coronavirus pandemic have attracted thousands of foreigners to invest in Dubai's real estate market, Invest-Gate reports.

Arab Bank: $829.6M Profits in 2023, Proposes 30% Dividends

Arab Bank Group has announced impressive financial results for the fiscal year ending December 31, 2023, demonstrating a remarkable 52% growth in net income after tax, surging from $544.3 mn in 2022 to $829.6 mn, Invest-Gate reports.

El-Gazzar, CSCEC Chairman Review Progress of Joint Projects in NAC, New Alamein City

In a strategic meeting at the headquarters of China State Construction Engineering Corporation (CSCEC) in Beijing, Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, engaged with Zheng Xuexuan, Chairman of CSCEC, and Li Yongming, CSCEC's Vice President, to discuss the status of joint projects, Invest-Gate reports.

Saudi Arabia to Launch Over Half a Million New Housing Units by 2030

Saudi Arabia has unveiled plans to introduce more than half a million new housing units by 2030, following recent legal reforms aimed at restructuring the real estate sector, Invest-Gate reports.

Dubai Property Rental Rates Expected to Surge 400%

Real estate experts anticipate a 400% surge in rental transactions in Dubai this January, coinciding with the completion of numerous development projects, Invest-Gate reports.

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