News / Investment

Turkey Amends Citizenship Through Property Purchase Law

Turkish President Recep Tayyip Erdogan has approved a new amendment to the law regarding foreigners acquiring Turkish citizenship through property purchases via a presidential decree, Invest-Gate reports.

Housing Minister Oversees Kitchener Drain Water Quality Project in Three Governorates

Housing, Utilities, and Urban Communities Minister Assem El-Gazzar chaired a meeting to oversee progress on the Water Quality Improvement Project at the Kitchener Drain in Egypt, Invest-Gate reports.

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.

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