News / Investment

Kuwait Real Estate Deals Jump to KWD 84 Mn within a Week

The total value of real estate contracts registered with the Kuwaiti Ministry of Justice during the period from 3 to 7 December 2023 amounted to about KWD 83.95 mn, Invest-Gate reports.

Housing Ministry Initiates Infrastructure Upgrades, Road Projects in New Damietta City’s Industrial Zone

Muhammed KhalafAllah, Head of the New Damietta City Authority, oversaw the commencement of development works aimed at enhancing infrastructure elements like roads, civil defense buildings, perimeter walls, and agriculture within the expansive 190-acre public industrial free zone along the Mediterranean coast in New Damietta, east of the port, Invest-Gate reports,

Dubai Real Estate Market Witnesses Sale of AED60 Mn Property in Water Canal Area

Dubai's real estate market witnessed a significant transaction, Invest-Gate reports.

Bank of America Foresees Continued Contraction in Chinese Real Estate Sector for Years

Bank of America predicts that the contraction in China's real estate sector will persist for several years, Invest-Gate reports.

El-Gazzar: Public Lottery for Residential Land Plots Will Begin Next Sunday

Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities, announced the commencement of a public manual lottery to allocate small residential land plots under the "Masakn" program, Invest-Gate reports.

Asking Prices of British Real Estate Fall 2% in December

According to Rightmove, an online real estate portal, home sellers in the UK reduced their asking prices by approximately 2% in December, Invest-Gate reports.

Registered Rental Contracts in Saudi Arabia Exceed 2.8 Mn in 2023

The Real Estate General Authority (REGA) in Saudi Arabia announced on Sunday that the country's rental service, Ejar, has achieved a significant milestone by recording over 8 mn lease contracts since its launch, Invest-Gate reports.

Housing Ministry Offers Plots of Land for Investment in El Obour City

The Obour City Development Authority has announced the offering of proposed land parcels for immediate allocation within the city in December, Invest-Gate reports.

Dubai Real Estate Exceeds AED10.9 Bn in Weekly Transactions

Real estate transactions in Dubai's Land Department reached over AED10.9 bn this week, with the department witnessing 2,470 transactions totalling AED7.04 bn, Invest-Gate reports.

AlJazi Developments Introduces Unique Administrative Units in ‘Chess Field’ Project

AlJazi Developments has announced the launch of commercial units within the "AlJazi" project in New Cairo, Invest-Gate reports.

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